PetroGas Co (PTCO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2800 POST OAK BOULEVARD HOUSTON, TX 77056 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2024 MRQ | 3/31/2024 | 12/31/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Noncurrent Assets | |||||||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 24,068 | 13,818 | 28,195 | 17,845 | 16,103 | 18,024 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 129,774 | 71,504 | |||
| Accrued liabilities | 562,184 | 538,929 | 245,439 | ||||||
| Other undisclosed accounts payable and accrued liabilities | (538,116) | (525,111) | (217,244) | 17,845 | (113,671) | (53,480) | |||
| Debt | 6,962 | 6,962 | 7,284 | 7,284 | 7,284 | 196,494 | |||
| Due to related parties | ✕ | ✕ | ✕ | 101,174 | 67,574 | 35,041 | 28,541 | ||
| Other undisclosed current liabilities | 684,618 | 665,975 | 507,890 | 449,265 | 350,542 | 71,504 | |||
| Total current liabilities: | 715,648 | 686,755 | 644,543 | 541,968 | 408,970 | 314,563 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 42,683 | ||||||||
| Long-term debt, excluding current maturities | 42,683 | ||||||||
| Liabilities, other than long-term debt | 42,683 | 83,580 | |||||||
| Asset retirement obligations | 83,580 | ||||||||
| Due to related parties | ✕ | ✕ | ✕ | 42,683 | |||||
| Other undisclosed noncurrent liabilities | 83,580 | 83,580 | 83,580 | 83,580 | 83,580 | ||||
| Total noncurrent liabilities: | 83,580 | 83,580 | 83,580 | 83,580 | 126,263 | 126,263 | |||
| Total liabilities: | 799,228 | 770,335 | 728,123 | 625,548 | 535,233 | 440,826 | |||
| Equity | |||||||||
| Equity, attributable to parent | (799,228) | (770,335) | (728,123) | (625,548) | (535,233) | (440,826) | |||
| Common stock | 22,997 | 22,997 | 21,048 | 21,048 | 3,874 | 3,874 | |||
| Additional paid in capital | 141,469,948 | 141,469,948 | 141,452,414 | 141,452,414 | 1,468,588 | 1,446,454 | |||
| Accumulated deficit | (142,292,173) | (142,263,280) | (142,201,585) | (142,099,010) | (2,007,695) | (1,891,154) | |||
| Total equity: | (799,228) | (770,335) | (728,123) | (625,548) | (535,233) | (440,826) | |||
Income Statement (P&L) (USD)
| 6/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 166 | |||||||
| Gross profit: | 166 | |||||||
| Operating expenses | (38,040) | (21,590) | (43,950) | (140,034,275) | (26,713) | (119,433) | ||
| Other operating expense, net (Other Expenses) | (57,040) | |||||||
| Other undisclosed operating income | 36,057,040 | |||||||
| Operating loss: | (38,040) | (21,590) | (43,950) | (104,034,275) | (26,713) | (119,267) | ||
| Nonoperating expense (Other Nonoperating expense) | (25,489) | (101,124) | ||||||
| Interest and debt expense | (52,548) | (40,105) | (58,625) | (57,040) | (89,828) | (101,124) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Loss from continuing operations: | (90,588) | (87,184) | (102,575) | (104,091,315) | (116,541) | (321,515) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (104,091,315) | (116,541) | (321,515) | |
| Other undisclosed net income | 181,176 | |||||||
| Net income (loss): | 90,588 | (87,184) | (102,575) | (104,091,315) | (116,541) | (321,515) | ||
| Other undisclosed net income (loss) attributable to parent | (181,176) | 25,489 | (36,000,000) | 101,124 | ||||
| Net loss available to common stockholders, diluted: | (90,588) | (61,695) | (102,575) | (140,091,315) | (116,541) | (220,391) | ||
Comprehensive Income (USD)
| 6/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 90,588 | (87,184) | (102,575) | (104,091,315) | (116,541) | (321,515) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 90,588 | (87,184) | (102,575) | (104,091,315) | (116,541) | (321,515) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.