Gasco Energy Balance Sheet - Annual (OTCMKTS:GSXN)

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$0 $0 (0%) GSXN stock closing price Jun 30, 2014 (Closing)

The Gasco 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. As in our Gasco Energy stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. 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 $36.15M and shareholders equity of $17.7M. Gasco Energy revenue and Gasco Energy operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Gasco Energy financial performance.
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Fiscal year is Jan - Dec20122011201020092008
Cash2.93M1.96M1.99M10.57M1.05M
Marketable Securities----8.85M
Receivables2.53M2.29M3.71M3.83M9.26M
Inventory1.73M1.91M1.77M1.01M4.17M
Raw Materials-----
Work In Progress-----
Finished Goods-----
Notes Receivable-----
Other Current Assets-----
Total Current Assets
7.35M7.68M7.8M15.72M23.54M
Property Plant & Equipment298.3M309.34M300.4M314.78M314.29M
Accumulated Depreciation253.17M234.13M230.7M227.29M185.58M
Net Property Plant & Equipment
45.12M75.2M69.7M87.49M128.71M
Investment & Advances-----
Other Non-Current Assets-----
Deferred Charges-1.11M--1.49M
Intangibles-----
Deposits & Other Assets1.37M-2M--
Total Assets
53.85M84.65M80.01M104.74M153.88M
Notes Payable-----
Accounts Payable1.54M2.64M2.11M1.11M5.87M
Current Portion Long-Term Debt-8.54M---
Current Portion Capital Leases-----
Accrued Expenses--1.78M2.05M2.31M
Income Taxes Payable-----
Other Current Liabilities2.5M2.14M3.76M4.17M4.45M
Total Current Liabilities
5.03M14.27M8.05M7.34M12.64M
Mortgages-----
Deferred Taxes/Income2.75M2.66M2.86M--
Convertible Debt26.63M22.59M19.48M65.76M65M
Long-Term Debt--6.54M34.54M31M
Non-Current Capital Leases-----
Other Long-Term Liabilities1.72M5.46M1.11M1.26M1.15M
Total Liabilities
36.15M44.99M38.07M108.93M109.84M
Minority Interest-----
Preferred Stock-----
Common Stock Net-----
Capital Surplus262.62M262.34M257.32M221.32M219.37M
Retained Earnings-244.8M-222.57M-215.27M-225.4M-175.21M
Treasury Stock-----
Other Liabilities-----
Shareholders Equity17.7M39.65M41.93M-4.19M44.04M
Total Liabilities & Shareholders Equity53.85M84.65M80.01M104.74M153.88M
All figures in USD. M: Millions of USD, B: Billions of USD.

Click here to view our Devon Energy financial analysis

Apart from balance sheet items, an investor would do well to keep track of the Gasco Energy stock price by looking at Gasco Energy historical stock prices. One can compare PE with industry average by looking at the Gasco Energy PE ratio chart. The common balance sheet items are:

  • Assets: GSXN total assets, which was at $53.85M for 2012 is a balance sheet item representing value of what Gasco Energy owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • 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 Gasco Energy is $36.15M. Shareholders' equity comes under liabilities as it is money the company owes the holders of GSXN stock.

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