Coil Tubing Technology (Coil Tubing Technology) Total Liabilities : $5.75 Mil (As of Sep. 2015)

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What is Coil Tubing Technology Total Liabilities?

Coil Tubing Technology's Total Liabilities for the quarter that ended in Sep. 2015 was $5.75 Mil.

Coil Tubing Technology's quarterly Total Liabilities declined from Mar. 2015 ($6.08 Mil) to Jun. 2015 ($5.78 Mil) and declined from Jun. 2015 ($5.78 Mil) to Sep. 2015 ($5.75 Mil).

Coil Tubing Technology's annual Total Liabilities increased from Dec. 2012 ($1.09 Mil) to Dec. 2013 ($1.58 Mil) and increased from Dec. 2013 ($1.58 Mil) to Dec. 2014 ($5.39 Mil).

Coil Tubing Technology Total Liabilities Historical Data

The historical data trend for Coil Tubing Technology'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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Coil Tubing Technology Total Liabilities Chart

Coil Tubing Technology Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Total Liabilities

2.26

1.09

1.58

5.39

Coil Tubing Technology Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Total Liabilities	Get a 7-Day Free Trial											1.78	5.39	6.08	5.78	5.75

Coil Tubing Technology 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.

Coil Tubing Technology's Total Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.768	+	(4.623	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	5.39

Total Liabilities	=	Total Assets (A: Dec. 2014 )	-	Total Equity (A: Dec. 2014 )
	=	12.078	-	6.687
	=	5.39

Coil Tubing Technology's Total Liabilities for the quarter that ended in Sep. 2015 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.484	+	(5.261	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	5.75

Total Liabilities	=	Total Assets (Q: Sep. 2015 )	-	Total Equity (Q: Sep. 2015 )
	=	9.811	-	4.066
	=	5.75

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Coil Tubing Technology (Coil Tubing Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coil Tubing Technology Inc (OTCPK:CTBG) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

22305 Gosling Road, Spring, TX, USA, 77389

Website

http://www.coiltubingtechnology.com

Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.

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