Golar LNG Balance Sheet - Annual (NASDAQ:GLNG)

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$28.57 $0.14 (0.49%) GLNG stock closing price Mar 16, 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 $2.35B and shareholders equity of $1.91B. 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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Fiscal year is Jan - Dec201620152014201320122011201020092008
Marketable Securities---------
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable--20M------
Other Current Assets271.3M269.45M427.03M6.31M5.91M--19.24M-
Total Current Assets
Property Plant & Equipment------2.05B--
Accumulated Depreciation---231.72M198.33M479.85M427.32M--
Net Property Plant & Equipment
Investment & Advances656.12M542.72M814.85M822.44M919.21M22.52M20.27M21.24M30.92M
Other Non-Current Assets----34.95M----
Deferred Charges-42.15M26.8M24.48M4.06M9.56M9.79M-10.29M
Deposits & Other Assets288.54M231.21M68.86M57.35M6.76M199.56M224.56M643M612.43M
Total Assets
Notes Payable---------
Accounts Payable23.79M53.28M10.81M12.72M10.2M23.12M16.3M-21.45M
Current Portion Long-Term Debt451.45M501.61M116.43M30.78M14.4M64.3M105.62M74.5M71.39M
Current Portion Capital Leases-----5.9M5.76M8.58M6M
Accrued Expenses75.08M53.33M31.12M22.78M20.41M30.64M22.58M-25.92M
Income Taxes Payable---------
Other Current Liabilities423.94M359.34M211.32M24.27M42.04M132.15M96.86M122.67M142.24M
Total Current Liabilities
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt1.32B1.38B1.26B686.24M490.5M707.24M691.54M707.72M737.22M
Non-Current Capital Leases-----399.93M406.1M844.35M784.42M
Other Long-Term Liabilities52.21M69.22M75.44M84.26M72.51M113.49M133.63M76.41M77.22M
Total Liabilities
Minority Interest--------41.68M
Preferred Stock---------
Common Stock Net101.08M93.54M93.41M80.58M80.5M80.23M67.8M67.57M67.57M
Capital Surplus1.49B1.32B1.31B656.01M654.04M398.38M100.28M296.51M291.95M
Retained Earnings103.65M315.69M670.4M874.29M848.5M34.09M78.08M157.07M134.08M
Treasury Stock20.48M12.26M----2.28M6.84M6.83M
Other Liabilities237.02M179.55M206.82M193.24M181.27M243.1M355.42M143.85M-34.63M
Shareholders Equity1.91B1.89B2.28B1.8B1.76B755.82M599.32M658.18M452.14M
Total Liabilities & Shareholders Equity4.26B4.31B3.99B2.67B2.41B2.23B2.08B2.49B2.36B
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 decreased from $4.31B in 2015 to $4.26B in 2016. 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 2016 total to $2.35B. 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
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio