Golar LNG Balance Sheet - Quarterly (NASDAQ:GLNG)

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$28.57 $0.14 (0.49%) GLNG stock closing price Mar 16, 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 $1.38B at the end of 2017 Q3. 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 1.34.

View and download Golar LNG quarterly results to get the balance sheet details for the latest 40 quarters data.
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Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Marketable Securities---------
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets31.92M19.78M18.35M271.3M295.7M728.76M301.5M269.45M57.53M
Total Current Assets
Property Plant & Equipment---------
Accumulated Depreciation---------
Net Property Plant & Equipment
Investment & Advances691.63M676.05M665.24M656.12M647.71M530.52M530.61M542.72M547.86M
Other Non-Current Assets---------
Deferred Charges-------42.15M-
Deposits & Other Assets239.38M287.48M289.59M288.54M300.41M313.19M317.2M231.21M315.52M
Total Assets
Notes Payable---------
Accounts Payable---23.79M---53.28M-
Current Portion Long-Term Debt1.1B919.91M848.87M451.45M-734.75M750.86M501.61M224.86M
Current Portion Capital Leases----732.18M----
Accrued Expenses---75.08M---53.33M-
Income Taxes Payable---------
Other Current Liabilities329.52M193.82M293.41M423.94M601.6M795.91M485.55M359.34M145.43M
Total Current Liabilities
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt1.38B1.51B1.42B1.32B1.07B1.03B1.17B1.38B1.59B
Non-Current Capital Leases---------
Other Long-Term Liabilities51.47M51.51M51.55M52.21M53.09M65.99M67.61M69.22M72.31M
Total Liabilities
Minority Interest---------
Preferred Stock---------
Common Stock Net101.1M101.08M101.08M101.08M93.54M93.54M93.54M93.54M93.42M
Capital Surplus1.54B1.53B1.53B1.49B1.32B1.32B1.32B1.32B1.32B
Retained Earnings-94.51M-45.86M32.9M103.65M99.83M126.87M231.01M315.69M427.05M
Treasury Stock20.48M20.48M20.48M20.48M20.48M20.48M20.48M12.26M-
Other Liabilities261.97M254.58M245.33M237.02M229.6M220.42M184.83M179.55M167.93M
Shareholders Equity1.78B1.82B1.89B1.91B1.72B1.74B1.81B1.89B2.01B
Total Liabilities & Shareholders Equity4.65B4.5B4.51B4.26B4.18B4.37B4.28B4.31B4.04B
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 $4.5B in 2017 Q2 to $4.65B in 2017 Q3. 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 $2.86B. 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
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio