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Linn Energy (Linn Energy) Total Current Liabilities : $278.4 Mil (As of Sep. 2019)


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What is Linn Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Linn Energy's total current liabilities for the quarter that ended in Sep. 2019 was $278.4


Linn Energy Total Current Liabilities Historical Data

The historical data trend for Linn Energy's Total 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.

* Premium members only.

Linn Energy Total Current Liabilities Chart

Linn Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 982.55 4,300.52 2,341.62 203.34 365.47

Linn Energy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Total Current 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 415.97 365.47 391.90 329.04 278.43

Linn Energy Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Linn Energy's Total Current Liabilities for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=326.58+0
+Other Current Liabilities+Current Deferred Liabilities
=7.835+31.058
=365.5

Linn Energy's Total Current Liabilities for the quarter that ended in Sep. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=259.881+0
+Other Current Liabilities+Current Deferred Liabilities
=2.6660000000001+15.885
=278.4

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Linn Energy Total Current Liabilities Related Terms

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Linn Energy (Linn Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
14701 Hertz Quail Springs Parkway, Oklahoma City, OK, USA, 73134
Linn Energy Inc is a US-based independent oil and natural gas company. Its objective is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. The company's properties are located in the United States in the Hugoton Basin, the Rockies, the Mid-Continent, east Texas and north Louisiana, Michigan/Illinois, California, the Permian Basin and south Texas. Linn derives revenue from the sale of oil, natural gas and natural gas liquids.

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