WGTFF (Westgate Energy) Total Current Liabilities: $7.97 Mil (As of Mar. 2026)


WGTFF Westgate Energy Inc WGTFF
4 GF Score
Price $0.20
! 4 Warning Signs
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What is Westgate Energy Total Current Liabilities?

Westgate Energy WGTFF 4 Total Current Liabilities is $7.97 Mil as of Mar. 2026. GuruFocus rates WGTFF with a GF Score™ of 4/100. The stock has 4 warning signs investors should review.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Westgate Energy's total current liabilities for the quarter that ended in Mar. 2026 was $7.97


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


Westgate Energy Total Current Liabilities Related Terms


Westgate Energy Total Current Liabilities Historical Data

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The historical data trend for Westgate 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.

Westgate Energy Total Current Liabilities Chart

Westgate Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Total Current Liabilities
0.16 1.26 0.98 5.70

Westgate Energy Quarterly Data
Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 5.10 5.80 5.70 7.97
WGTFF
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Westgate Energy Inc WGTFF
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Westgate 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.

Westgate Energy's Total Current Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.53+0.559
+Other Current Liabilities+Current Deferred Liabilities
=3.608+0
=5.70

Westgate Energy's Total Current Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.869+0
+Other Current Liabilities+Current Deferred Liabilities
=3.323+1.778
=7.97

* 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 $7.97 Mil mean?
Westgate Energy (WGTFF) has a Total Current Liabilities of $7.97 Mil as of Mar. 2026. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Westgate Energy and its competitors.
Is Westgate Energy's Total Current Liabilities too high?
Westgate Energy's current Total Current Liabilities is $7.97 Mil. Overall, Westgate Energy has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Westgate Energy's Total Current Liabilities compare to NE and RIG?
Westgate Energy's Total Current Liabilities of $7.97 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 Westgate Energy and its competitors. Westgate Energy's current Total Current Liabilities is $7.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westgate Energy stock overvalued right now?
Westgate Energy (WGTFF) has a current Total Current Liabilities of $7.97 Mil. The current Total Current Liabilities is $7.97 Mil. Westgate Energy's overall GF Score™ is 4/100 with 4 warning signs to review. 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 Westgate Energy (WGTFF), the current Total Current Liabilities is $7.97 Mil as of Mar. 2026. 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.

Westgate Energy Business Description

Industry EnergyOil & Gas
Other Exchanges J3S:GermanyWGT:Canada
Address 2020 4th Street SW, Suite 420, Calgary, AB, CAN, T2S 1W3
Westgate Energy Inc is an oil, natural gas and natural gas liquids (NGL or NGLs) exploration, development and production company with properties located in Western Canada. It is focused on the emerging Mannville Stack fairway, characterized by known accumulations of medium and heavy oil which are being unlocked with inventive drilling techniques that utilize multi-lateral horizontal drilling.
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