Oct 88 Res Inc
Octagon 88 Resources, Inc., a natural resource company, engages in acquiring, exploring, and developing natural resource assets. It holds an indirect interest in a contiguous land base of 73 sections comprising 46,720 acres of oil sands leases, as well as a direct working interest in petroleum and natural gas leases known as the Trout Lake properties in the Province of Alberta. The company was fo… Read more
Oct 88 Res Inc (OCTX) - Total Liabilities
Latest total liabilities as of December 2014: $115.54K USD
Based on the latest financial reports, Oct 88 Res Inc (OCTX) has total liabilities worth $115.54K USD as of December 2014.
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.
Oct 88 Res Inc - Total Liabilities Trend (2009–2014)
This chart illustrates how Oct 88 Res Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Oct 88 Res Inc Competitors by Total Liabilities
The table below lists competitors of Oct 88 Res Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
KS International Holdings Corporation
PINK:KSIH
|
USA | $151.44K |
|
Stem Cell Authority Ltd
PINK:SCAL
|
USA | $2.27 Million |
|
Coil Tubing Technology Inc
PINK:CTBG
|
USA | $5.75 Million |
|
Sortis Holdings Inc
PINK:SOHI
|
USA | $593.82K |
|
RONN Inc.
PINK:RONN
|
USA | $9.99 Million |
|
Blue Water Ventures International Inc
PINK:BWVI
|
USA | $4.32 Million |
|
Elliott Opportunity II Corp.
PINK:EOCWF
|
USA | $24.71 Million |
|
RTS Oil Holdings Inc
PINK:RTSO
|
USA | $59.38 Million |
Liability Composition Analysis (2009–2014)
This chart breaks down Oct 88 Res Inc'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 | 0.15 | 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 | 0.00 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.00 | 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 Oct 88 Res Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Oct 88 Res Inc (2009–2014)
The table below shows the annual total liabilities of Oct 88 Res Inc from 2009 to 2014.
| Year | Total Liabilities | Change |
|---|---|---|
| 2014-06-30 | $83.72K | -44.23% |
| 2013-06-30 | $150.11K | +287.99% |
| 2012-06-30 | $38.69K | +508.52% |
| 2011-06-30 | $6.36K | -2.96% |
| 2010-06-30 | $6.55K | +120.46% |
| 2009-06-30 | $2.97K | -- |