Short-term debt and current portion of long-term debt
Empire Petroleum Short-term debt and current portion of long-term debt increased by 78.3% to $2.19B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.2%, from $3.04B to $2.19B. Over 5 years (FY 2020 to FY 2025), Short-term debt and current portion of long-term debt shows a downward trend with a -13.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A significant increase may signal higher refinancing risk or a shift in capital structure, while a decrease indicates debt reduction or successful long-term refinancing.
Detailed definition
This represents the portion of total debt obligations, including bank loans, commercial paper, and the current portion o...
Peer comparison
Standard debt metric; peers report this as current portion of long-term debt or short-term borrowings.
other_debt_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.18B | $2.82B | $2.65B | $3.32B | $2.97B | $2.63B | $3.39B | $2.16B | $2.76B | $3.13B | $4.05B | $1.98B | $3.06B | $1.98B | $2.01B | $3.04B | $788.00M | $1.08B | $1.23B | $2.19B |
| QoQ Change | — | +29.3% | -6.2% | +25.6% | -10.6% | -11.3% | +28.5% | -36.2% | +27.8% | +13.4% | +29.4% | -51.2% | +55.0% | -35.2% | +1.3% | +51.5% | -74.1% | +37.2% | +13.4% | +78.3% |
| YoY Change | — | — | — | — | +36.1% | -6.7% | +27.9% | -35.0% | -7.1% | +18.8% | +19.6% | -8.6% | +10.9% | -36.6% | -50.4% | +54.1% | -74.3% | -45.5% | -39.0% | -28.2% |
Short-term debt and current portion of long-term debt at Other Companies
Frequently Asked Questions
- What is Empire Petroleum's short-term debt and current portion of long-term debt?
- Empire Petroleum (EP) reported short-term debt and current portion of long-term debt of $2.19B in Q1 2026.
- How has Empire Petroleum's short-term debt and current portion of long-term debt changed year-over-year?
- Empire Petroleum's short-term debt and current portion of long-term debt decreased by 28.2% year-over-year, from $3.04B to $2.19B.
- What is the long-term trend for Empire Petroleum's short-term debt and current portion of long-term debt?
- Over 5 years (2020 to 2025), Empire Petroleum's short-term debt and current portion of long-term debt has grown at a -13.7% compound annual growth rate (CAGR), from $2.56B to $1.23B.
- What does short-term debt and current portion of long-term debt mean?
- The amount of debt the company must repay within the next year.