WTXR (West Texas Resources) Total Liabilities: $0.17 Mil (As of Sep. 2023)


What is West Texas Resources Total Liabilities?

West Texas Resources WTXR +4.44% Total Liabilities is $0.17 Mil as of Sep. 2023.

West Texas Resources's Total Liabilities for the quarter that ended in Sep. 2023 was $0.17 Mil.

West Texas Resources's quarterly Total Liabilities declined from Sep. 2017 ($0.50 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($0.17 Mil).

West Texas Resources's annual Total Liabilities declined from Sep. 2014 ($0.46 Mil) to Sep. 2015 ($0.28 Mil) and declined from Sep. 2015 ($0.28 Mil) to Sep. 2016 ($0.25 Mil).

West Texas Resources Total Liabilities Historical Data

* Premium members only.

The historical data trend for West Texas Resources'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.

West Texas Resources Total Liabilities Chart

West Texas Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Total Liabilities
Get a 7-Day Free Trial 0.12 0.29 0.46 0.28 0.25

West Texas Resources Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Sep22 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 0.32 0.36 0.50 0.00 0.17

West Texas Resources 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.

West Texas Resources's Total Liabilities for the fiscal year that ended in Sep. 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
=0.238+(0+0.01
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.25

Total Liabilities=Total Assets (A: Sep. 2016 )-Total Equity (A: Sep. 2016 )
=0.294-0.046
=0.25

West Texas Resources'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
=0.165+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.17

Total Liabilities=Total Assets (Q: Sep. 2023 )-Total Equity (Q: Sep. 2023 )
=0.156--0.009
=0.17

* 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 $0.17 Mil mean?
West Texas Resources (WTXR) has a Total Liabilities of $0.17 Mil as of Sep. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for West Texas Resources and its competitors.
Is West Texas Resources' Total Liabilities too high?
West Texas Resources' current Total Liabilities is $0.17 Mil.
How does West Texas Resources' Total Liabilities compare to GSPE and FECOF?
West Texas Resources' Total Liabilities of $0.17 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 West Texas Resources and its competitors. West Texas Resources's current Total Liabilities is $0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Texas Resources stock overvalued right now?
West Texas Resources (WTXR) has a current Total Liabilities of $0.17 Mil. The current Total Liabilities is $0.17 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 West Texas Resources (WTXR), the current Total Liabilities is $0.17 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.

West Texas Resources Business Description

Industry EnergyOil & Gas
Address 2628 TX 36 South, Suite 307, Brenham, TX, USA, 77833
West Texas Resources Inc is a United States-based company engaged in the acquisition, exploration, and development of oil and gas properties in North America. The company generates income from leased interests in oil properties in North America.