Independent Petroleum Group KSCP (KUW:IPG) Total Liabilities : KWD378 Mil (As of Dec. 2024)

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What is Independent Petroleum Group KSCP Total Liabilities?

Independent Petroleum Group KSCP's Total Liabilities for the quarter that ended in Dec. 2024 was KWD378 Mil.

Independent Petroleum Group KSCP's quarterly Total Liabilities declined from Jun. 2024 (KWD411.77 Mil) to Sep. 2024 (KWD326.68 Mil) but then increased from Sep. 2024 (KWD326.68 Mil) to Dec. 2024 (KWD378.45 Mil).

Independent Petroleum Group KSCP's annual Total Liabilities increased from Dec. 2022 (KWD338.98 Mil) to Dec. 2023 (KWD388.82 Mil) but then declined from Dec. 2023 (KWD388.82 Mil) to Dec. 2024 (KWD378.45 Mil).

Independent Petroleum Group KSCP Total Liabilities Historical Data

The historical data trend for Independent Petroleum Group KSCP'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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Independent Petroleum Group KSCP Total Liabilities Chart

Independent Petroleum Group KSCP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Liabilities

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230.61

323.24

338.98

388.82

378.45

Independent Petroleum Group KSCP Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Liabilities	Get a 7-Day Free Trial															388.82	479.46	411.77	326.68	378.45

Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP's Total Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	348.92	+	(27.584	+	6.2172489379009E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	1.947	+	0)
	=	378

Total Liabilities	=	Total Assets (A: Dec. 2024 )	-	Total Equity (A: Dec. 2024 )
	=	490.716	-	112.265
	=	378

Independent Petroleum Group KSCP's Total Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	348.92	+	(27.584	+	6.2172489379009E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	1.947	+	0)
	=	378

Total Liabilities	=	Total Assets (Q: Dec. 2024 )	-	Total Equity (Q: Dec. 2024 )
	=	490.716	-	112.265
	=	378

Independent Petroleum Group KSCP Total Liabilities Related Terms

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Independent Petroleum Group KSCP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Independent Petroleum Group KSCP (KUW:IPG) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101

Website

https://ipg.com.kw

Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Europe, the Middle East, Europe and Asia and the Far East where Africa and the Middle East region generates maximum revenue.