Comstock Resources Balance Sheet - Annual (NYSE:CRK)

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$8.37 $0.22 (2.56%) CRK stock closing price Aug 15, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Comstock Resources, and helps in stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Comstock Resources stock analysis, and provides insights into the firm's financial performance. A company releases its balance sheet every year along with its annual results. Comstock Resources had a long term debt of $1.11B at the end of 2017. To understand the debt servicing capacity of the company, one needs to look at Comstock Resources operating cash flow and Comstock Resources revenue also. Comstock Resources debt to equity ratio is -.

View latest 10 year balance sheet data to check Comstock Resources financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash61.25M65.9M134M2.07M2.96M4.47M8.46M1.73M90.47M6.28M
Marketable Securities-----12.31M47.64M84.63M95.97M48.86M
Receivables38.57M22.44M18.79M49.04M51.4M41.75M53.73M44.68M82.68M42.27M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets202.67M1.82M3.43M10.1M2.76M18.6M3.25M4.67M4.25M32.6M
Total Current Assets
302.5M90.17M156.23M61.21M57.13M77.14M113.09M135.73M273.38M130.02M
Property Plant & Equipment----------
Accumulated Depreciation2.04B3.02B3.4B2.31B1.87B1.59B1.35B1B850.12M638.48M
Net Property Plant & Equipment
607.92M798.66M1.04B2.2B2.07B2.47B2.51B1.82B1.58B1.44B
Investment & Advances----------
Other Non-Current Assets19.08M---------
Deferred Charges----------
Intangibles----------
Deposits & Other Assets-1.04M1.19M14.95M15.52M19.94M16.94M12.23M9.28M3.14M
Total Assets
930.41M889.87M1.2B2.27B2.14B2.57B2.64B1.96B1.86B1.58B
Notes Payable----------
Accounts Payable126.03M45.31M57.27M117.32M101.87M86.34M94.04M123.27M67.48M99.46M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses42.45M40.36M38.44M44.84M91.29M47.37M85.5M21.45M20.69M14.99M
Income Taxes Payable----1.82M5.34M7.66M10.33M6.58M-
Other Current Liabilities-6.03M--------
Total Current Liabilities
168.48M91.7M95.72M162.17M194.99M139.05M187.2M155.06M94.77M114.45M
Mortgages----------
Deferred Taxes/Income10.26M9.12M1.96M154.54M177.02M149.9M201.7M217.99M220.68M185.87M
Convertible Debt----------
Long-Term Debt1.11B1.04B1.25B1.07B798.7M1.32B1.2B513.37M470.83M210M
Non-Current Capital Leases----------
Other Long-Term Liabilities10.4M15.8M20.09M16.9M16.67M20.26M16.43M9.25M6.56M5.48M
Total Liabilities
1.3B1.16B1.37B1.4B1.19B1.63B1.6B895.68M792.85M515.8M
Minority Interest----------
Preferred Stock----------
Common Stock Net7.71M6.96M23.86M23.42M23.84M24.2M24.06M23.85M23.55M23.22M
Capital Surplus546.69M531.92M485.58M480.43M480.81M480.59M468.7M454.49M434.5M415.87M
Retained Earnings-927.23M-815.83M-680.7M366.4M447.34M424.31M524.37M557.84M577.43M613.9M
Treasury Stock----------
Other Liabilities3.55M5.67M---4.41M20.47M32.33M30.61M9.08M
Shareholders Equity-369.27M-271.26M-171.25M870.27M952M933.53M1.04B1.07B1.07B1.06B
Total Liabilities & Shareholders Equity930.41M889.87M1.2B2.27B2.14B2.57B2.64B1.96B1.86B1.58B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Comstock Resources stock price, and Comstock Resources historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Comstock Resources PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Comstock Resources company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Comstock Resources had total assets of $930.41M.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Comstock Resources is $1.3B. Shareholders' equity comes under liabilities as it is money the company owes the holders of CRK stock.

Comstock Resources Balance Sheet - Key Ratios

Current ratio
1.07
Debt to equity ratio
0
Asset turnover ratio
0.27
Receivables turnover
7.55