ERHC Energy Balance Sheet - Annual (OTCMKTS:ERHE)

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$0 $0 (0%) ERHE stock closing price Aug 17, 2018 (Closing)

The financial analysis of a company like ERHC Energy involves checking the three financial statements of the company in detail, of which the balance sheet is one. 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 ERHC Energy stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. ERHC Energy had a long term debt of $- at the end of 2016. To understand the debt servicing capacity of the company, one needs to look at ERHC Energy operating cash flow and ERHC Energy revenue also. ERHC Energy debt to equity ratio is .

View latest 10 year balance sheet data to check ERHC Energy financial performance.
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Fiscal year is Oct - Sep2016201520142013201220112010
Marketable Securities-----5.53M-
Raw Materials-------
Work In Progress-------
Finished Goods-------
Notes Receivable-------
Other Current Assets-------
Total Current Assets
Property Plant & Equipment-------
Accumulated Depreciation-------
Net Property Plant & Equipment
Investment & Advances-------
Other Non-Current Assets-------
Deferred Charges-------
Deposits & Other Assets5.68M6.01M8.19M10.29M12.06M6.77M-
Total Assets
Notes Payable-------
Accounts Payable9.27M------
Current Portion Long-Term Debt-------
Current Portion Capital Leases-------
Accrued Expenses-------
Income Taxes Payable2.73M------
Other Current Liabilities----5M--
Total Current Liabilities
Deferred Taxes/Income-------
Convertible Debt-------
Long-Term Debt-------
Non-Current Capital Leases-------
Other Long-Term Liabilities-------
Total Liabilities
Minority Interest-------
Preferred Stock-------
Common Stock Net-------
Capital Surplus107.43M105.75M101.08M101.06M99.47M99.35M-
Retained Earnings-114.28M-99.49M-90.84M-88.86M-83.71M-79.39M-
Treasury Stock-------
Other Liabilities--1.13M-0.67M-0.78M-0.8M-0.82M-
Shareholders Equity-6.84M5.41M9.62M11.48M15.02M19.2M-
Total Liabilities & Shareholders Equity6.22M7.38M11.69M12.47M20.64M19.74M-
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the ERHC Energy stock price by looking at ERHC Energy historical stock prices. One can compare PE with industry average by looking at the ERHC Energy PE ratio chart. The common balance sheet items are:

  • Assets: ERHE total assets, which was at $6.22M for 2016 is a balance sheet item representing value of what ERHC Energy owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • 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 ERHC Energy is $13.06M. Shareholders' equity comes under liabilities as it is money the company owes the holders of ERHE stock.