Petrel Resources (PET) - Total Liabilities
Based on the latest financial reports, Petrel Resources (PET) has total liabilities worth GBX1.22 Million GBX (≈ $148.44 USD) as of June 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore PET operating cash flow to assess how effectively this company generates cash.
Petrel Resources - Total Liabilities Trend (1997–2024)
This chart illustrates how Petrel Resources's total liabilities have evolved over time, based on quarterly financial data. See net assets of Petrel Resources for net asset value and shareholders' equity analysis.
Petrel Resources Competitors by Total Liabilities
The table below lists competitors of Petrel Resources ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
AMUR MINERALS (A7L.SG)
STU:A7L
|
Germany | €425.00K |
|
Marwyn Value Investors Ltd
LSE:MVIR
|
UK | GBX141.81K |
|
The London Tunnels PLC
AS:TLT
|
Netherlands | €20.15 Million |
|
SMCG Co., Ltd.
KQ:460870
|
Korea | ₩32.10 Billion |
|
RC365 Holding PLC
LSE:RCGH
|
UK | GBX17.63 Million |
|
High Templar Tech Limited Sponsored ADR Class A
NYSE:HTT
|
USA | $2.00 Billion |
|
Rex Trueform Group Ltd
JSE:RTO
|
South Africa | ZAC691.01 Million |
Liability Composition Analysis (1997–2024)
This chart breaks down Petrel Resources's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Petrel Resources (PET) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.09 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.88 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2.14 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Petrel Resources's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Petrel Resources (1997–2024)
The table below shows the annual total liabilities of Petrel Resources from 1997 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | GBX1.17 Million ≈ $141.76 |
+14.28% |
| 2023-12-31 | GBX1.02 Million ≈ $124.05 |
+14.56% |
| 2022-12-31 | GBX889.93K ≈ $108.28 |
+12.30% |
| 2021-12-31 | GBX792.43K ≈ $96.42 |
+11.52% |
| 2020-12-31 | GBX710.54K ≈ $86.45 |
+12.80% |
| 2019-12-31 | GBX629.88K ≈ $76.64 |
-0.43% |
| 2018-12-31 | GBX632.62K ≈ $76.97 |
+8.20% |
| 2017-12-31 | GBX584.69K ≈ $71.14 |
+42.64% |
| 2016-12-31 | GBX409.89K ≈ $49.87 |
+29.87% |
| 2015-12-31 | GBX315.61K ≈ $38.40 |
+2.86% |
| 2014-12-31 | GBX306.83K ≈ $37.33 |
-25.31% |
| 2013-12-31 | GBX410.83K ≈ $49.99 |
+0.89% |
| 2012-12-31 | GBX407.19K ≈ $49.54 |
+76.23% |
| 2011-12-31 | GBX231.06K ≈ $28.11 |
+174.97% |
| 2010-12-31 | GBX84.03K ≈ $10.22 |
-99.78% |
| 2009-12-31 | GBX37.68 Million ≈ $4.58K |
+1.02% |
| 2008-12-31 | GBX37.30 Million ≈ $4.54K |
+1.22% |
| 2007-12-31 | GBX36.85 Million ≈ $4.48K |
+130.92% |
| 2006-12-31 | GBX15.96 Million ≈ $1.94K |
+828.98% |
| 2005-12-31 | GBX1.72 Million ≈ $209.00 |
+570.04% |
| 2004-12-31 | GBX256.37K ≈ $31.19 |
+40.35% |
| 2003-12-31 | GBX182.67K ≈ $22.23 |
+19.06% |
| 2002-12-31 | GBX153.42K ≈ $18.67 |
-49.27% |
| 2001-12-31 | GBX302.40K ≈ $36.79 |
+11.80% |
| 2000-12-31 | GBX270.49K ≈ $32.91 |
+243.37% |
| 1999-12-31 | GBX78.78K ≈ $9.58 |
+5.02% |
| 1998-12-31 | GBX75.01K ≈ $9.13 |
+66.38% |
| 1997-12-31 | GBX45.08K ≈ $5.49 |
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About Petrel Resources
Petrel Resources Plc, together with its subsidiaries, engages in oil and gas exploration in Ghana and Iraq. It holds a 30% working interest in the Tano 2A block, covering an area of 1,532 square kilometers in Ghana, and interests in the Western Desert Block 6 located in Iraq. The company was incorporated in 1982 and is based in Dublin, Ireland.