Africa Oil (Africa Oil) Total Liabilities : $73.40 Mil (As of Mar. 2024)

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What is Africa Oil Total Liabilities?

Africa Oil's Total Liabilities for the quarter that ended in Mar. 2024 was $73.40 Mil.

Africa Oil's quarterly Total Liabilities increased from Sep. 2023 ($61.50 Mil) to Dec. 2023 ($71.60 Mil) and increased from Dec. 2023 ($71.60 Mil) to Mar. 2024 ($73.40 Mil).

Africa Oil's annual Total Liabilities increased from Dec. 2021 ($43.60 Mil) to Dec. 2022 ($87.10 Mil) but then declined from Dec. 2022 ($87.10 Mil) to Dec. 2023 ($71.60 Mil).

Africa Oil Total Liabilities Historical Data

The historical data trend for Africa Oil'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.

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Africa Oil Total Liabilities Chart

Africa Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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45.60

156.21

43.60

87.10

71.60

Africa Oil Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															78.00	60.40	61.50	71.60	73.40

Africa Oil 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.

Africa Oil's Total Liabilities for the fiscal year that ended in Dec. 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
	=	22.4	+	(0	+	43.3
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	5.9)
	=	71.60

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	966.2	-	894.6
	=	71.60

Africa Oil's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	25	+	(3	+	43.4
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	2)
	=	73.40

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	946.2	-	872.8
	=	73.40

Africa Oil Total Liabilities Related Terms

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Africa Oil (Africa Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Africa Oil Corp (OTCPK:AOIFF) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

AOI:Sweden 0QVL:UK AFZ:Germany AOI:Canada

Address

885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8

Website

https://www.africaoilcorp.com

Africa Oil Corp is an international oil and gas exploration company. It is an exploration stage enterprise that participates in oil and gas projects located in emerging markets, in sub-Saharan Africa. The company operates in the business segment of international oil and gas exploration, and geographically, it operates in Kenya and Ethiopia.

Africa Oil (Africa Oil) Headlines

From GuruFocus

Africa Oil Announces Mailing of Meeting Materials for Annual Meeting of Shareholders

By GlobeNewswire GlobeNewswire • 03-29-2018

Voting Results of Africa Oil Annual General Meeting

By GlobeNewswire GlobeNewswire • 04-19-2018

Africa Oil Share Capital and Voting Rights Update

By GlobeNewswire GlobeNewswire • 03-30-2018