ERINQ (Erin Energy) Total Liabilities: $613.9 Mil (As of Dec. 2017)


What is Erin Energy Total Liabilities?

Erin Energy ERINQ -99.00% Total Liabilities is $613.9 Mil as of Dec. 2017.

Erin Energy's Total Liabilities for the quarter that ended in Dec. 2017 was $613.9 Mil.

Erin Energy's quarterly Total Liabilities increased from Jun. 2017 ($540.16 Mil) to Sep. 2017 ($588.77 Mil) and increased from Sep. 2017 ($588.77 Mil) to Dec. 2017 ($613.91 Mil).

Erin Energy's annual Total Liabilities increased from Dec. 2015 ($480.43 Mil) to Dec. 2016 ($513.82 Mil) and increased from Dec. 2016 ($513.82 Mil) to Dec. 2017 ($613.91 Mil).

Erin Energy Total Liabilities Historical Data

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The historical data trend for Erin Energy'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.

Erin Energy Total Liabilities Chart

Erin Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.28 304.44 480.43 513.82 613.91

Erin Energy Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Total 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 513.82 538.24 540.16 588.77 613.91

Erin Energy 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.

Erin Energy's Total Liabilities for the fiscal year that ended in Dec. 2017 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=398.318+(191.179+24.409
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=613.9

Total Liabilities=Total Assets (A: Dec. 2017 )-Total Equity (A: Dec. 2017 )
=251.128--362.778
=613.9

Erin Energy's Total Liabilities for the quarter that ended in Dec. 2017 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=398.318+(191.179+24.409
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=613.9

Total Liabilities=Total Assets (Q: Dec. 2017 )-Total Equity (Q: Dec. 2017 )
=251.128--362.778
=613.9

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $613.9 Mil mean?
Erin Energy (ERINQ) has a Total Liabilities of $613.9 Mil as of Dec. 2017. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Erin Energy and its competitors.
Is Erin Energy's Total Liabilities too high?
Erin Energy's current Total Liabilities is $613.9 Mil.
How does Erin Energy's Total Liabilities compare to FPPP and UNGS?
Erin Energy's Total Liabilities of $613.9 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 Liabilities for an Oil & Gas company?
A good Total Liabilities depends on the Oil & Gas industry context. However, Total 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Erin Energy and its competitors. Erin Energy's current Total Liabilities is $613.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erin Energy stock overvalued right now?
Erin Energy (ERINQ) has a current Total Liabilities of $613.9 Mil. The current Total Liabilities is $613.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Erin Energy (ERINQ), the current Total Liabilities is $613.9 Mil as of Dec. 2017. 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.

Erin Energy Business Description

Industry EnergyOil & Gas
Address 1330 Post Oak Boulevard, Suite 2250, Houston, TX, USA, 77056
Erin Energy Corp is an independent oil and gas exploration and production company with a focus on finding and producing oil in sub-Saharan Africa.