LGX Oil + Gas Inc
LGX Oil + Gas Inc., a junior oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves primarily in Western Canada. The company produces light crude oil, natural gas liquids, and natural gas. Its principal properties comprise the Manyberries property, Alberta Bakken properties, and Armada property located in southern Alberta.… Read more
LGX Oil + Gas Inc (ROAOF) - Total Liabilities
Latest total liabilities as of March 2016: $68.69 Million USD
Based on the latest financial reports, LGX Oil + Gas Inc (ROAOF) has total liabilities worth $68.69 Million USD as of March 2016.
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.
LGX Oil + Gas Inc - Total Liabilities Trend (2009–2015)
This chart illustrates how LGX Oil + Gas Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
LGX Oil + Gas Inc Competitors by Total Liabilities
The table below lists competitors of LGX Oil + Gas Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
FlexPower Inc
PINK:FLXP
|
USA | $1.16 Million |
|
Active Health Foods
PINK:AHFD
|
USA | $1.23 Million |
|
Warrior Girl Corp
PINK:WRGL
|
USA | $22.50K |
|
Sutimco International Inc
PINK:SUTI
|
USA | $4.60 Million |
|
Alaska Pacific Energy Corp
PINK:ASKE
|
USA | $1.95 Million |
|
AVP Inc
PINK:AVPI
|
USA | $8.76 Million |
Liability Composition Analysis (2009–2015)
This chart breaks down LGX Oil + Gas 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 | 0.07 | 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 | 11.00 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.92 | 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 LGX Oil + Gas Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for LGX Oil + Gas Inc (2009–2015)
The table below shows the annual total liabilities of LGX Oil + Gas Inc from 2009 to 2015.
| Year | Total Liabilities | Change |
|---|---|---|
| 2015-12-31 | $46.68 Million | -29.55% |
| 2014-12-31 | $66.26 Million | +34.79% |
| 2013-12-31 | $49.16 Million | +14.50% |
| 2012-12-31 | $42.93 Million | +425.94% |
| 2011-12-31 | $8.16 Million | +4.46% |
| 2010-12-31 | $7.81 Million | -48.92% |
| 2009-12-31 | $15.30 Million | -- |