Global Petroleum (ASX:GBP) Total Liabilities : A$0.03 Mil (As of Dec. 2023)

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What is Global Petroleum Total Liabilities?

Global Petroleum's Total Liabilities for the quarter that ended in Dec. 2023 was A$0.03 Mil.

Global Petroleum's quarterly Total Liabilities increased from Jun. 2022 (A$0.47 Mil) to Dec. 2022 (A$0.48 Mil) but then declined from Dec. 2022 (A$0.48 Mil) to Dec. 2023 (A$0.03 Mil).

Global Petroleum's annual Total Liabilities declined from Jun. 2020 (A$0.42 Mil) to Jun. 2021 (A$0.32 Mil) but then increased from Jun. 2021 (A$0.32 Mil) to Jun. 2022 (A$0.47 Mil).

Global Petroleum Total Liabilities Historical Data

The historical data trend for Global Petroleum's Total 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.

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Global Petroleum Total Liabilities Chart

Global Petroleum Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Total Liabilities

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0.55

0.47

0.42

0.32

0.47

Global Petroleum Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Total Liabilities	Get a 7-Day Free Trial															0.32	0.45	0.47	0.48	0.03

Global Petroleum Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Global Petroleum's Total Liabilities for the fiscal year that ended in Jun. 2022 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.474	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.47

Total Liabilities	=	Total Assets (A: Jun. 2022 )	-	Total Equity (A: Jun. 2022 )
	=	3.795	-	3.321
	=	0.47

Global Petroleum's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.034	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.03

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	3.804	-	3.769
	=	0.03

Global Petroleum Total Liabilities Related Terms

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Global Petroleum (ASX:GBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Petroleum Ltd (ASX:GBP) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

GBP:UK

Address

C/- DW Accounting & Advisory Pty Ltd, 91 William Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.globalpetroleum.com.au

Global Petroleum Ltd is an Australia-based oil and gas, upstream exploration company. The principal activities of the company include exploration, development, and production of oil and gas properties. The company's principal assets are two exploration blocks located offshore Namibia. The company mainly focuses on Africa and the Mediterranean. It holds interests in petroleum exploration license number 29, covering offshore blocks 1910B and 2010A in the Walvis Basin, Namibia.

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