PQEFF (Petroteq Energy) Total Liabilities: $10.54 Mil (As of May. 2022)

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What is Petroteq Energy Total Liabilities?

Petroteq Energy PQEFF -90.00% Total Liabilities is $10.54 Mil as of May. 2022.

Petroteq Energy's Total Liabilities for the quarter that ended in May. 2022 was $10.54 Mil.

Petroteq Energy's quarterly Total Liabilities declined from Nov. 2021 ($10.67 Mil) to Feb. 2022 ($10.48 Mil) but then increased from Feb. 2022 ($10.48 Mil) to May. 2022 ($10.54 Mil).

Petroteq Energy's annual Total Liabilities increased from Aug. 2019 ($15.04 Mil) to Aug. 2020 ($19.52 Mil) but then declined from Aug. 2020 ($19.52 Mil) to Aug. 2021 ($14.88 Mil).

Petroteq Energy Total Liabilities Historical Data

* Premium members only.

The historical data trend for Petroteq 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.

Petroteq Energy Total Liabilities Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.93 6.18 15.04 19.52 14.88

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 20.04 14.88 10.67 10.48 10.54

Petroteq 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.

Petroteq Energy's Total Liabilities for the fiscal year that ended in Aug. 2021 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=10.464+(1.447+2.971
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=14.88

Total Liabilities=Total Assets (A: Aug. 2021 )-Total Equity (A: Aug. 2021 )
=81.035-66.153
=14.88

Petroteq Energy's Total Liabilities for the quarter that ended in May. 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
=7.194+(0.378+2.971
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=10.54

Total Liabilities=Total Assets (Q: May. 2022 )-Total Equity (Q: May. 2022 )
=81.154-70.611
=10.54

* 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 $10.54 Mil mean?
Petroteq Energy (PQEFF) has a Total Liabilities of $10.54 Mil as of May. 2022. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Petroteq Energy and its competitors.
Is Petroteq Energy's Total Liabilities too high?
Petroteq Energy's current Total Liabilities is $10.54 Mil.
How does Petroteq Energy's Total Liabilities compare to MMEX and SPOWF?
Petroteq Energy's Total Liabilities of $10.54 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 Petroteq Energy and its competitors. Petroteq Energy's current Total Liabilities is $10.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroteq Energy stock overvalued right now?
Petroteq Energy (PQEFF) has a current Total Liabilities of $10.54 Mil. The current Total Liabilities is $10.54 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 Petroteq Energy (PQEFF), the current Total Liabilities is $10.54 Mil as of May. 2022. 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.

Petroteq Energy Business Description

Industry EnergyOil & Gas
Address 15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.