Puissant Industries (Puissant Industries) Total Liabilities : $0.11 Mil (As of Dec. 2013)

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What is Puissant Industries Total Liabilities?

Puissant Industries's Total Liabilities for the quarter that ended in Dec. 2013 was $0.11 Mil.

Puissant Industries's quarterly Total Liabilities increased from Dec. 2011 ($0.09 Mil) to Dec. 2012 ($0.11 Mil) but then declined from Dec. 2012 ($0.11 Mil) to Dec. 2013 ($0.11 Mil).

Puissant Industries's annual Total Liabilities increased from Dec. 2011 ($0.09 Mil) to Dec. 2012 ($0.11 Mil) but then declined from Dec. 2012 ($0.11 Mil) to Dec. 2013 ($0.11 Mil).

Puissant Industries Total Liabilities Historical Data

The historical data trend for Puissant Industries'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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Puissant Industries Total Liabilities Chart

Puissant Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Total Liabilities

0.26

0.09

0.11

Puissant Industries Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13
Total Liabilities	0.26	0.09	0.11	0.11

Puissant Industries 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.

Puissant Industries's Total Liabilities for the fiscal year that ended in Dec. 2013 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.04	+	(0.037	+	0.028
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.11

Total Liabilities	=	Total Assets (A: Dec. 2013 )	-	Total Equity (A: Dec. 2013 )
	=	0.778	-	0.673
	=	0.11

Puissant Industries's Total Liabilities for the quarter that ended in Dec. 2013 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.04	+	(0.037	+	0.028
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.11

Total Liabilities	=	Total Assets (Q: Dec. 2013 )	-	Total Equity (Q: Dec. 2013 )
	=	0.778	-	0.673
	=	0.11

Puissant Industries Total Liabilities Related Terms

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Puissant Industries (Puissant Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Puissant Industries Inc (OTCPK:PSSS) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Lexington Road, Suite 12, Versailles, KY, USA, 40383

Website

http://www.psss.co

Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.

Executives

Carbon River Holdings, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook	director, officer: Vice President	520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J.	director, officer: Secretary/Treasurer	520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook	director, officer: President	520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

From GuruFocus

Joint Venture Between Puissant Industries, Inc. and EnerMining Corp.

By ACCESSWIRE ACCESSWIRE • 01-14-2022