VELXQ (Canadian Overseas Petroleum) Total Liabilities: $92.02 Mil (As of Sep. 2023)


What is Canadian Overseas Petroleum Total Liabilities?

Canadian Overseas Petroleum VELXQ -99.67% Total Liabilities is $92.02 Mil as of Sep. 2023.

Canadian Overseas Petroleum's Total Liabilities for the quarter that ended in Sep. 2023 was $92.02 Mil.

Canadian Overseas Petroleum's quarterly Total Liabilities declined from Mar. 2023 ($91.28 Mil) to Jun. 2023 ($87.00 Mil) but then increased from Jun. 2023 ($87.00 Mil) to Sep. 2023 ($92.02 Mil).

Canadian Overseas Petroleum's annual Total Liabilities increased from Dec. 2020 ($7.59 Mil) to Dec. 2021 ($63.77 Mil) and increased from Dec. 2021 ($63.77 Mil) to Dec. 2022 ($102.10 Mil).

Canadian Overseas Petroleum Total Liabilities Historical Data

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The historical data trend for Canadian Overseas Petroleum'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.

Canadian Overseas Petroleum Total Liabilities Chart

Canadian Overseas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 1.74 7.59 63.77 102.10

Canadian Overseas Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 77.54 102.10 91.28 87.00 92.02

Canadian Overseas Petroleum 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.

Canadian Overseas Petroleum's Total Liabilities for the fiscal year that ended in Dec. 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
=12.64+(57.99+28.979
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+2.487)
=102.10

Total Liabilities=Total Assets (A: Dec. 2022 )-Total Equity (A: Dec. 2022 )
=114.323-12.227
=102.10

Canadian Overseas Petroleum's Total Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=20.461+(55.541+13.533
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+2.487)
=92.02

Total Liabilities=Total Assets (Q: Sep. 2023 )-Total Equity (Q: Sep. 2023 )
=114.829-22.807
=92.02

* 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 $92.02 Mil mean?
Canadian Overseas Petroleum (VELXQ) has a Total Liabilities of $92.02 Mil as of Sep. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Canadian Overseas Petroleum and its competitors.
Is Canadian Overseas Petroleum's Total Liabilities too high?
Canadian Overseas Petroleum's current Total Liabilities is $92.02 Mil.
How does Canadian Overseas Petroleum's Total Liabilities compare to COP and EOG?
Canadian Overseas Petroleum's Total Liabilities of $92.02 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 Canadian Overseas Petroleum and its competitors. Canadian Overseas Petroleum's current Total Liabilities is $92.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Overseas Petroleum stock overvalued right now?
Canadian Overseas Petroleum (VELXQ) has a current Total Liabilities of $92.02 Mil. The current Total Liabilities is $92.02 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 Canadian Overseas Petroleum (VELXQ), the current Total Liabilities is $92.02 Mil as of Sep. 2023. 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.

Canadian Overseas Petroleum Business Description

Industry EnergyOil & Gas
Address 715 - 5th Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 2X6
Canadian Overseas Petroleum Ltd is an international oil and gas exploration, development and production company pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa and independently in other countries. The company's Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities.