GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Quicksilver Resources Inc (FRA:QSR) » Definitions » Total Current Liabilities

Quicksilver Resources (FRA:QSR) Total Current Liabilities : €191.1 Mil (As of Sep. 2015)


View and export this data going back to . Start your Free Trial

What is Quicksilver Resources Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Quicksilver Resources's total current liabilities for the quarter that ended in Sep. 2015 was €191.1

Quicksilver Resources Total Current Liabilities Historical Data

The historical data trend for Quicksilver Resources'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.

Quicksilver Resources Total Current Liabilities Chart

Quicksilver Resources Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 350.10 253.97 127.86 98.40 1,736.38

Quicksilver Resources Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 84.22 1,736.38 278.55 199.76 191.14

Quicksilver Resources Total Current Liabilities Calculation

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

Quicksilver Resources's Total Current Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=84.127+1652.254
+Other Current Liabilities+Current Deferred Liabilities
=2.2737367544323E-13+0
=1,736.4

Quicksilver Resources's Total Current Liabilities for the quarter that ended in Sep. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=51.261+139.874
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=191.1

* 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

Quicksilver Resources Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Quicksilver Resources's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Quicksilver Resources (FRA:QSR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Quicksilver Resources Inc (FRA:QSR) » Definitions » Total Current Liabilities
Comparable Companies
ASX:SKP TSX:IPO SGX:AWO ASX:TOU LSE:BLOE LSE:PVR TSXV:ROE LSE:SEY TSXV:ATU RSRV CRBO ASX:VEN TSXV:WIL BOM:530075 CHKR LSE:CLNR SNUYF ASX:MPO TSX:TXP TSXV:RECO
Traded in Other Exchanges
N/A
Address
Website
http://www.qrinc.com
Quicksilver Resources Inc was organized as a Delaware corporation in 1997 and became a public company in 1999. It is an independent oil and gas company engaged in the acquisition, exploration, development and production of onshore oil and natural gas in North America and are based in Fort Worth, Texas. The Company focuses on unconventional reservoirs where hydrocarbons may be found in challenging geological conditions, such as fractured shales and coalbeds. Its producing oil and natural gas properties in the United States are principally located in Texas and in Canada in Alberta and British Columbia. Its three core development areas include: Barnett Shale; Horn River; and Horseshoe Canyon. Additionally, It has an oil exploration opportunity in the Delaware basin in western Texas. The Company competes for acquisitions of prospective oil and natural gas properties and oil and gas reserves. Its oil and natural gas operations are focused onshore in North America, in basins containing unconventional reservoirs with predictable, long-lived production. Its current production and development operations are concentrated in its three core areas: the Barnett Shale, Horn River and Horseshoe Canyon. The Company compete for acquisitions of prospective oil and natural gas properties and oil and natural gas reserves. It also compete for drilling rigs and equipment used to drill for and produce oil and natural gas. The Company is subject to a number of federal, state, provincial and local laws and regulations, whose purpose is to protect the health and safety of workers, both generally and within Its industry.