Concho Resources Balance Sheet - Annual (NYSE:CXO)

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$135.05 $1.47 (1.1%) CXO stock closing price Aug 17, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Concho Resources balance sheet. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Concho Resources stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Concho Resources balance sheet indicates an asset turnover ratio of 0.27 and debt to equity ratio of 0.25. Also check Concho Resources revenue and Concho Resources operating cash flow for the same period.

View latest 10 year balance sheet data to check Concho Resources financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash-53.26M228.55M--2.88M--3.23M17.75M
Marketable Securities----------
Receivables543M458.36M394.58M660.26M471.73M400.79M367.66M268.55M169.53M141.94M
Inventory14M---------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets35M34.86M691.42M528.11M49.11M55.21M43.01M61.69M44.48M119.09M
Total Current Assets
592M546.49M1.31B1.19B520.87M458.88M411.02M330.63M217.25M278.78M
Property Plant & Equipment21.5B18.69B16.02B14B11.33B9.56B7.41B5.64B3.37B2.71B
Accumulated Depreciation8.46B7.39B5.05B3.79B2.38B1.57B1.12B730.5M517.42M306.99M
Net Property Plant & Equipment
13.04B11.3B10.98B10.21B8.95B7.99B6.29B4.91B2.86B2.4B
Investment & Advances----------
Other Non-Current Assets--167.03M262.34M-2.76M7.94M2.23M23.61M61.15M
Deferred Charges13M10.9M15.58M68.44M73.04M77.6M65.64M52.82M20.67M15.7M
Intangibles26M24.23M25.69M27.15M28.61M30.07M33.42M34.97M36.52M37.76M
Deposits & Other Assets60M235.25M142.06M47.6M21.61M26.67M41.42M34.04M16.72M20.39M
Total Assets
13.73B12.12B12.64B11.8B9.59B8.59B6.85B5.37B3.17B2.82B
Notes Payable----------
Accounts Payable226M160.04M182.98M258.47M191.55M193.4M169.41M98.54M46.8M30.06M
Current Portion Long-Term Debt116M--92.54M36.71M24.27M39.24M12.31M3.41M9.43M
Current Portion Capital Leases----------
Accrued Expenses330M359.49M228.52M718.3M318.29M351.91M293.91M215.07M164.28M154.19M
Income Taxes Payable---162.56M-8.56M---37.2M
Other Current Liabilities493M233.64M184.91M195.3M210.3M161.92M198.9M181.05M122.51M39.92M
Total Current Liabilities
1.17B753.18M596.42M1.43B756.86M740.08M701.47M506.98M337.01M270.81M
Mortgages----------
Deferred Taxes/Income687M766.03M1.63B1.44B1.33B1.19B1B720.88M603.28M573.76M
Convertible Debt----------
Long-Term Debt2.69B2.74B3.33B3.52B3.63B3.1B2.08B1.67B845.83M630M
Non-Current Capital Leases----------
Other Long-Term Liabilities274M236.83M140.34M136.47M111.27M95.43M84.92M88.22M49.52M15.46M
Total Liabilities
4.82B4.5B5.7B6.52B5.83B5.12B3.87B2.98B1.84B1.49B
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus7.14B6.78B4.63B3.03B2.03B1.98B1.93B1.87B1.03B1.01B
Retained Earnings1.84B883.19M2.35B2.28B1.74B1.49B1.06B510.73M306.36M316.16M
Treasury Stock67M43.56M31.6M26.47M10.88M7.18M3.99M1.61M--
Other Liabilities----------
Shareholders Equity8.92B7.62B6.94B5.28B3.76B3.47B2.98B2.38B1.34B1.33B
Total Liabilities & Shareholders Equity13.73B12.12B12.64B11.8B9.59B8.59B6.85B5.37B3.17B2.82B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Concho Resources historical stock prices and the current Concho Resources stock price can tell you how the stock price has moved, whereas the Concho Resources PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like Concho Resources owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for CXO stock as of 2017 is $13.73B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. CXO stock had total liabilities of $4.82B for the year 2017.

Concho Resources Balance Sheet - Key Ratios

Current ratio
0.65
Debt to equity ratio
0.25
Asset turnover ratio
0.27
Receivables turnover
5.52
Price to book ratio
2.19