Golar LNG Balance Sheet - Quarterly (NASDAQ:GLNG)

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$27.82 $0.13 (0.47%) GLNG stock closing price Jun 19, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Golar LNG, and helps in stock analysis. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Golar LNG stock analysis. A company releases its balance sheet every quarter along with its quarterly results. Golar LNG had a long term debt of $1.1B at the end of 2018 Q1. To understand the debt servicing capacity of the company, one needs to look at Golar LNG operating cash flow and Golar LNG revenue also. Golar LNG debt to equity ratio is 1.39.

View and download Golar LNG 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 - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash387.79M437.12M556.64M548.45M629.79M407.71M340.93M261.11M228.86M333.43M
Marketable Securities----------
Receivables-14.98M---10.89M---29.22M
Inventory-7.4M---7.25M---8.65M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets43.89M13.94M31.92M19.78M18.35M271.3M295.7M728.76M301.5M269.45M
Total Current Assets
431.68M473.46M588.57M568.23M648.15M697.17M636.64M989.88M530.36M640.77M
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
3.27B3.25B3.13B2.97B2.9B2.62B2.59B2.54B2.91B2.85B
Investment & Advances726.74M710.57M691.63M676.05M665.24M656.12M647.71M530.52M530.61M542.72M
Other Non-Current Assets----------
Deferred Charges---------42.15M
Intangibles----------
Deposits & Other Assets351.94M325.7M239.38M287.48M289.59M288.54M300.41M313.19M317.2M231.21M
Total Assets
4.78B4.76B4.65B4.5B4.51B4.26B4.18B4.37B4.28B4.31B
Notes Payable----------
Accounts Payable-70.43M---23.79M---53.28M
Current Portion Long-Term Debt1.37B1.38B1.1B919.91M848.87M451.45M-734.75M750.86M501.61M
Current Portion Capital Leases------732.18M---
Accrued Expenses-105.89M---75.08M---53.33M
Income Taxes Payable----------
Other Current Liabilities199.38M71.01M329.52M193.82M293.41M423.94M601.6M795.91M485.55M359.34M
Total Current Liabilities
1.57B1.63B1.43B1.11B1.14B974.27M1.33B1.53B1.24B967.58M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt1.1B1.03B1.38B1.51B1.42B1.32B1.07B1.03B1.17B1.38B
Non-Current Capital Leases----------
Other Long-Term Liabilities337.57M309.79M51.47M51.51M51.55M52.21M53.09M65.99M67.61M69.22M
Total Liabilities
3B2.97B2.86B2.68B2.62B2.35B2.45B2.63B2.48B2.41B
Minority Interest----------
Preferred Stock----------
Common Stock Net101.14M101.11M101.1M101.08M101.08M101.08M93.54M93.54M93.54M93.54M
Capital Surplus1.54B1.54B1.54B1.53B1.53B1.49B1.32B1.32B1.32B1.32B
Retained Earnings-121.78M-95.74M-94.51M-45.86M32.9M103.65M99.83M126.87M231.01M315.69M
Treasury Stock20.48M20.48M20.48M20.48M20.48M20.48M20.48M20.48M20.48M12.26M
Other Liabilities280.79M273.21M261.97M254.58M245.33M237.02M229.6M220.42M184.83M179.55M
Shareholders Equity1.78B1.8B1.78B1.82B1.89B1.91B1.72B1.74B1.81B1.89B
Total Liabilities & Shareholders Equity4.78B4.76B4.65B4.5B4.51B4.26B4.18B4.37B4.28B4.31B
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 $4.76B in 2017 Q4 to $4.78B in 2018 Q1. 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 Golar LNG is $3B. Shareholders equity comes under liabilities as it is money the company owes the holders of GLNG stock.

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
1.55