Golar LNG Balance Sheet - Annual (NASDAQ:GLNG)

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$28 $0.18 (0.65%) GLNG stock closing price Jun 20, 2018 (Closing)

The Golar LNG 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. Financial strength can be guaged by performing Golar LNG stock analysis and by analyzing the balance sheet. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. The balance sheet shows total liabilities of $2.97B and shareholders equity of $1.8B. Golar LNG revenue and Golar LNG operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Golar LNG financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash437.12M407.71M333.43M265.57M148.77M426.26M94.92M186.53M162.88M116.46M
Marketable Securities----------
Receivables14.98M10.89M29.22M21.91M14.65M5.69M7.47M11.91M-23.01M
Inventory7.4M7.25M8.65M8.31M11.95M2.05M3.21M5.66M-4.74M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable---20M------
Other Current Assets13.94M271.3M269.45M427.03M6.31M5.91M--19.24M-
Total Current Assets
473.46M697.17M640.77M742.83M181.69M439.92M105.96M204.33M182.12M144.77M
Property Plant & Equipment-------2.05B--
Accumulated Depreciation----231.72M198.33M479.85M427.32M--
Net Property Plant & Equipment
3.25B2.62B2.85B2.34B1.58B1.01B1.9B1.62B1.65B1.56B
Investment & Advances710.57M656.12M542.72M814.85M822.44M919.21M22.52M20.27M21.24M30.92M
Other Non-Current Assets-----34.95M----
Deferred Charges--42.15M26.8M24.48M4.06M9.56M9.79M-10.29M
Intangibles----------
Deposits & Other Assets325.7M288.54M231.21M68.86M57.35M6.76M199.56M224.56M643M612.43M
Total Assets
4.76B4.26B4.31B3.99B2.67B2.41B2.23B2.08B2.49B2.36B
Notes Payable----------
Accounts Payable70.43M23.79M53.28M10.81M12.72M10.2M23.12M16.3M-21.45M
Current Portion Long-Term Debt1.38B451.45M501.61M116.43M30.78M14.4M64.3M105.62M74.5M71.39M
Current Portion Capital Leases------5.9M5.76M8.58M6M
Accrued Expenses105.89M75.08M53.33M31.12M22.78M20.41M30.64M22.58M-25.92M
Income Taxes Payable----------
Other Current Liabilities71.01M423.94M359.34M211.32M24.27M42.04M132.15M96.86M122.67M142.24M
Total Current Liabilities
1.63B974.27M967.58M369.69M90.57M87.05M256.14M247.15M205.76M267.02M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt1.03B1.32B1.38B1.26B686.24M490.5M707.24M691.54M707.72M737.22M
Non-Current Capital Leases------399.93M406.1M844.35M784.42M
Other Long-Term Liabilities309.79M52.21M69.22M75.44M84.26M72.51M113.49M133.63M76.41M77.22M
Total Liabilities
2.97B2.35B2.41B1.71B861.08M650.08M1.48B1.48B1.83B1.91B
Minority Interest---------41.68M
Preferred Stock----------
Common Stock Net101.11M101.08M93.54M93.41M80.58M80.5M80.23M67.8M67.57M67.57M
Capital Surplus1.54B1.49B1.32B1.31B656.01M654.04M398.38M100.28M296.51M291.95M
Retained Earnings-95.74M103.65M315.69M670.4M874.29M848.5M34.09M78.08M157.07M134.08M
Treasury Stock20.48M20.48M12.26M----2.28M6.84M6.83M
Other Liabilities273.21M237.02M179.55M206.82M193.24M181.27M243.1M355.42M143.85M-34.63M
Shareholders Equity1.8B1.91B1.89B2.28B1.8B1.76B755.82M599.32M658.18M452.14M
Total Liabilities & Shareholders Equity4.76B4.26B4.31B3.99B2.67B2.41B2.23B2.08B2.49B2.36B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Golar LNG stock price, and Golar LNG historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Golar LNG PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Golar LNG owns and has monetary significance. GLNG assets grew from $4.26B in 2016 to $4.76B in 2017. 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: The total liabilities of Golar LNG for the year 2017 total to $2.97B. Liabilities for a company like Golar LNG include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Golar LNG Balance Sheet - Key Ratios

Current ratio
0.28
Debt to equity ratio
1.39
Asset turnover ratio
0.06
Receivables turnover
0
Price to book ratio
1.56