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Pipestone Energy (TSX:PIPE) Total Current Liabilities : C$110.2 Mil (As of Jun. 2023)


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What is Pipestone Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Pipestone Energy's total current liabilities for the quarter that ended in Jun. 2023 was C$110.2

Pipestone Energy Total Current Liabilities Historical Data

The historical data trend for Pipestone Energy'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.

* Premium members only.

Pipestone Energy Total Current Liabilities Chart

Pipestone Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
45.51 65.44 70.81 94.29 108.75

Pipestone Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.34 208.24 108.75 135.88 110.24

Pipestone Energy Total Current Liabilities Calculation

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

Pipestone Energy's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=100.982+7.766
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=108.7

Pipestone Energy's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=101.781+8.455
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=110.2

* 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.

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

Pipestone Energy Total Current Liabilities Related Terms

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Pipestone Energy (TSX:PIPE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pipestone Energy Corp (TSX:PIPE) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
888 - 3rd Street SW, Suite 3700, Calgary, AB, CAN, T2P 5C5.
Website
https://www.pipestonecorp.com
Pipestone Energy Corp is engaged in the responsible exploration for, and development and production of, oil and natural gas liquids (including condensate, pentane, butane, propane and ethane) and natural gas in Western Canada, with substantially all of its activities and assets focused in the Montney resource play in Alberta. The Company recognizes revenue from the sale of commodities, which include liquids and natural gas.
Executives
Gmt Capital Corp Director

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