Karoon Energy (ASX:KAR) Other Current Liabilities : A$129 Mil (As of Dec. 2023)

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What is Karoon Energy Other Current Liabilities?

Karoon Energy's other current liabilities for the quarter that ended in Dec. 2023 was A$129 Mil.

Karoon Energy's quarterly other current liabilities increased from Dec. 2022 (A$0 Mil) to Jun. 2023 (A$128 Mil) and increased from Jun. 2023 (A$128 Mil) to Dec. 2023 (A$129 Mil).

Karoon Energy's annual other current liabilities increased from Jun. 2021 (A$1 Mil) to Jun. 2022 (A$179 Mil) but then declined from Jun. 2022 (A$179 Mil) to Jun. 2023 (A$128 Mil).

Karoon Energy Other Current Liabilities Historical Data

The historical data trend for Karoon Energy's Other Current 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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Karoon Energy Other Current Liabilities Chart

Karoon Energy Annual Data

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Other Current Liabilities

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Karoon Energy Semi-Annual Data
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Karoon Energy Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

Karoon Energy Other Current Liabilities Related Terms

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Karoon Energy (ASX:KAR) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Karoon Energy Ltd (ASX:KAR) » Definitions » Other Current Liabilities

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KRNGY:USA KRNGF:USA LBL:Germany

Address

6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.karoonenergy.com.au

Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.