West Texas Resources (West Texas Resources) Total Liabilities : $0.17 Mil (As of Sep. 2023)

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What is West Texas Resources Total Liabilities?

West Texas Resources's Total Liabilities for the quarter that ended in Sep. 2023 was $0.17 Mil.

West Texas Resources's quarterly Total Liabilities declined from Sep. 2017 ($0.50 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($0.17 Mil).

West Texas Resources's annual Total Liabilities declined from Sep. 2014 ($0.46 Mil) to Sep. 2015 ($0.28 Mil) and declined from Sep. 2015 ($0.28 Mil) to Sep. 2016 ($0.25 Mil).

West Texas Resources Total Liabilities Historical Data

The historical data trend for West Texas Resources'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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West Texas Resources Total Liabilities Chart

West Texas Resources Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Total Liabilities

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0.12

0.29

0.46

0.28

0.25

West Texas Resources Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Sep22	Sep23
Total Liabilities	Get a 7-Day Free Trial															0.32	0.36	0.50	-	0.17

West Texas Resources 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.

West Texas Resources's Total Liabilities for the fiscal year that ended in Sep. 2016 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.238	+	(0	+	0.01
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.25

Total Liabilities	=	Total Assets (A: Sep. 2016 )	-	Total Equity (A: Sep. 2016 )
	=	0.294	-	0.046
	=	0.25

West Texas Resources's Total Liabilities for the quarter that ended in Sep. 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
	=	0.165	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.17

Total Liabilities	=	Total Assets (Q: Sep. 2023 )	-	Total Equity (Q: Sep. 2023 )
	=	0.156	-	-0.009
	=	0.17

West Texas Resources Total Liabilities Related Terms

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West Texas Resources (West Texas Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » West Texas Resources Inc (OTCPK:WTXR) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

5729 Lebanon Road, Suite 144, Frisco, TX, USA, 75034

Website

http://www.westtexasresources.com

West Texas Resources Inc is a United States-based company engaged in the acquisition, exploration, and development of oil and gas properties in North America. The Company targets both new and existing fields and producing wells to be revitalized.

West Texas Resources (West Texas Resources) Headlines

From GuruFocus

West Texas Resources signs Joint Venture Agreement

By Marketwired Marketwired • 06-29-2018