Legend Oil & Gas (Legend Oil & Gas) Total Liabilities : $10.16 Mil (As of Dec. 2016)

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What is Legend Oil & Gas Total Liabilities?

Legend Oil & Gas's Total Liabilities for the quarter that ended in Dec. 2016 was $10.16 Mil.

Legend Oil & Gas's quarterly Total Liabilities increased from Jun. 2016 ($7.47 Mil) to Sep. 2016 ($9.28 Mil) and increased from Sep. 2016 ($9.28 Mil) to Dec. 2016 ($10.16 Mil).

Legend Oil & Gas's annual Total Liabilities declined from Dec. 2014 ($8.54 Mil) to Dec. 2015 ($5.21 Mil) but then increased from Dec. 2015 ($5.21 Mil) to Dec. 2016 ($10.16 Mil).

Legend Oil & Gas Total Liabilities Historical Data

The historical data trend for Legend Oil & Gas'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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Legend Oil & Gas Total Liabilities Chart

Legend Oil & Gas Annual Data

Trend

Dec04

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Liabilities

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54.88

7.01

8.54

5.21

10.16

Legend Oil & Gas Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Total Liabilities	Get a 7-Day Free Trial															5.21	6.27	7.47	9.28	10.16

Legend Oil & Gas 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.

Legend Oil & Gas's Total Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	1.632	+	(8.384	+	0.14
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	10.16

Total Liabilities	=	Total Assets (A: Dec. 2016 )	-	Total Equity (A: Dec. 2016 )
	=	3.723	-	-6.433
	=	10.16

Legend Oil & Gas's Total Liabilities for the quarter that ended in Dec. 2016 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	1.632	+	(8.384	+	0.14
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	10.16

Total Liabilities	=	Total Assets (Q: Dec. 2016 )	-	Total Equity (Q: Dec. 2016 )
	=	3.723	-	-6.433
	=	10.16

Legend Oil & Gas Total Liabilities Related Terms

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Legend Oil & Gas (Legend Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Legend Oil & Gas Ltd (OTCPK:LOGL) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

555 North Point Center East, Suite 410, Alpharetta, GA, USA, 30022

Website

http://www.maxxonenergy.com

Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. It focuses is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment, as the oil and gas.

Executives

Neal P Kaufman	director	14315 WEST HARDY ROAD, HOUSTON TX 77060
Hillair Capital Investments Lp	10 percent owner	345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
Sean M Mcavoy	10 percent owner	345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
Hillair Capital Management Llc	10 percent owner	345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
James Vandeberg	10 percent owner	10710 NE 10TH STREET #1307, BELLEVUE WA 98004
Steve S Sinohui	director, 10 percent owner	2789 S. LAMAR STREET DENVER CO 80227

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