Erin Energy Balance Sheet - Quarterly (NYSEMKT:ERN)

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$2.5 $0.2 (7.41%) ERN stock closing price Apr 24, 2018 (Closing)

The Erin Energy balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Erin Energy stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Apart from analyzing Erin Energy revenue Erin Energy operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Erin Energy balance sheet for 2017 Q4 shows cash on hand of $33.82M. The company has a debt to equity ratio of -.

View and download Erin Energy quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Cash33.82M31.89M23.25M28.54M9.77M10.9M8.75M1.23M17.02M13.47M
Marketable Securities----------
Receivables11.44M19.74M7.71M8.61M2.65M2.44M2.47M2.23M2.53M-
Inventory3.6M1.33M8.87M3.9M9.39M4.93M5.89M5.22M4.78M36.69M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets2.45M2.46M4.62M2.49M-1.12M1.36M5.21M2.24M1.81M
Total Current Assets
51.33M55.43M44.47M43.56M22.7M19.41M18.49M13.9M26.58M52.8M
Property Plant & Equipment816.92M174.01M748.48M752.71M752.5M322.86M330.39M345.62M793.77M660.49M
Accumulated Depreciation617.16M-602.06M508.93M486.07M---444.27M-
Net Property Plant & Equipment
199.76M174.01M146.42M243.77M266.42M322.86M330.39M345.62M349.5M660.49M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Intangibles----------
Deposits & Other Assets---------1.11M
Total Assets
251.12M229.49M190.93M287.4M289.2M342.36M348.96M359.6M376.16M714.41M
Notes Payable----6.49M-----
Accounts Payable318.13M295.21M282.55M278.24M274.47M266.4M271.49M261.44M243.25M215.1M
Current Portion Long-Term Debt78.18M69.08M41.93M41.99M12.62M8.14M3.8M90.78M98.11M35.91M
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities1.79M1.75M--------
Total Current Liabilities
398.31M366.24M325.14M321.04M287.1M274.55M275.65M352.23M341.37M253.01M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt191.17M198.6M191.59M194.24M204.24M207.06M210.95M123.7M120M193.17M
Non-Current Capital Leases----------
Other Long-Term Liabilities24.4M23.91M23.42M22.94M22.47M21.99M21.52M21.06M20.6M24.36M
Total Liabilities
613.9M588.76M540.15M538.23M513.82M503.6M508.13M496.99M481.98M470.55M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus807.47M798.21M794.17M793.93M792.97M792.31M791.45M790.64M789.61M788.98M
Retained Earnings-1.17B-1.16B-1.14B-1.04B-1.02B-954.34M-951.43M-928.86M-896.45M-545.85M
Treasury Stock----------
Other Liabilities----------
Shareholders Equity-362.77M-359.27M-349.22M-250.83M-224.62M-161.23M-159.17M-137.38M-105.82M243.85M
Total Liabilities & Shareholders Equity251.12M229.49M190.93M287.4M289.2M342.36M348.96M359.6M376.16M714.41M
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 Erin Energy stock price by looking at Erin Energy historical stock prices. One can compare PE with industry average by looking at the Erin Energy PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Erin Energy owns and has monetary significance. ERN assets grew from $229.49M in 2017 Q3 to $251.12M in 2017 Q4. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • 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 Erin Energy is $613.9M. Shareholders equity comes under liabilities as it is money the company owes the holders of ERN stock.

Erin Energy Balance Sheet - Key Ratios

Current ratio
0.13
Debt to equity ratio
0
Asset turnover ratio
0.36
Receivables turnover
10.09