Erin Energy Corp
Erin Energy Corporation, an independent exploration and production company, engages in the acquisition and development of energy resources in Africa. Its asset portfolio consists of five licenses covering an area of approximately 6,000 square kilometers across offshore Nigeria, offshore Ghana, and offshore The Gambia. The company was formerly known as CAMAC Energy Inc. and changed its name to Eri… Read more
Erin Energy Corp (ERINQ) - Total Liabilities
Latest total liabilities as of December 2017: $613.91 Million USD
Based on the latest financial reports, Erin Energy Corp (ERINQ) has total liabilities worth $613.91 Million USD as of December 2017.
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.
Erin Energy Corp - Total Liabilities Trend (2007–2017)
This chart illustrates how Erin Energy Corp's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Erin Energy Corp Competitors by Total Liabilities
The table below lists competitors of Erin Energy Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Paranovus Entertainment Technology Ltd.
NASDAQ:PAVS
|
USA | $8.85 Million |
|
Inception Growth Acquisition Limited Warrants
NASDAQ:IGTAW
|
USA | $7.15 Million |
|
Plumb Fast Co
KO:035200
|
Korea | ₩4.20 Billion |
|
ECOMMERCE ALL N (ECF.SG)
STU:ECF
|
Germany | €6.79 Million |
Liability Composition Analysis (2007–2017)
This chart breaks down Erin Energy Corp'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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.13 | 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 | -1.69 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2.44 | 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 Erin Energy Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Erin Energy Corp (2007–2017)
The table below shows the annual total liabilities of Erin Energy Corp from 2007 to 2017.
| Year | Total Liabilities | Change |
|---|---|---|
| 2017-12-31 | $613.91 Million | +19.48% |
| 2016-12-31 | $513.82 Million | +6.60% |
| 2015-12-31 | $481.99 Million | +58.32% |
| 2014-12-31 | $304.44 Million | +1403.55% |
| 2013-12-31 | $20.25 Million | +7.65% |
| 2012-12-31 | $18.81 Million | -61.47% |
| 2011-12-31 | $48.82 Million | +19.50% |
| 2010-12-31 | $40.85 Million | +1905.43% |
| 2009-12-31 | $2.04 Million | +195.73% |
| 2008-12-31 | $688.85K | +319.43% |
| 2007-12-31 | $164.23K | -- |