ONTRF (Blackrock Oil) Total Current Liabilities: $0.15 Mil (As of Jun. 2014)


What is Blackrock Oil Total Current Liabilities?

Blackrock Oil ONTRF Total Current Liabilities is $0.15 Mil as of Jun. 2014.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Blackrock Oil's total current liabilities for the quarter that ended in Jun. 2014 was $0.15

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Blackrock Oil Total Current Liabilities Related Terms

Blackrock Oil Total Current Liabilities Historical Data

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The historical data trend for Blackrock Oil's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blackrock Oil Total Current Liabilities Chart

Blackrock Oil Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Total Current Liabilities
0.00 0.07 0.07 0.10 0.15

Blackrock Oil Semi-Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14
Total Current Liabilities 0.00 0.07 0.07 0.10 0.15

Blackrock Oil Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Blackrock Oil's Total Current Liabilities for the fiscal year that ended in Jun. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.153+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.15

Blackrock Oil's Total Current Liabilities for the quarter that ended in Jun. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.153+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

What does a Total Current Liabilities of $0.15 Mil mean?
Blackrock Oil (ONTRF) has a Total Current Liabilities of $0.15 Mil as of Jun. 2014. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Blackrock Oil and its competitors.
Is Blackrock Oil's Total Current Liabilities too high?
Blackrock Oil's current Total Current Liabilities is $0.15 Mil.
How does Blackrock Oil's Total Current Liabilities compare to WODI and BMMCF?
Blackrock Oil's Total Current Liabilities of $0.15 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for an Oil & Gas company?
A good Total Current Liabilities depends on the Oil & Gas industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Blackrock Oil and its competitors. Blackrock Oil's current Total Current Liabilities is $0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Oil stock overvalued right now?
Blackrock Oil (ONTRF) has a current Total Current Liabilities of $0.15 Mil. The current Total Current Liabilities is $0.15 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Blackrock Oil (ONTRF), the current Total Current Liabilities is $0.15 Mil as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blackrock Oil Business Description

Industry EnergyOil & Gas
Address 255 Duncan Mill Road, Suite 203, Toronto, ON, CAN, M3B 3H9
Blackrock Oil Corp is a development stage company. It is engaged in the acquisition of oil and gas royalties, oil and gas exploration and production business in the Western Canadian Sedimentary Basin.