Lorillard Balance Sheet - Annual (NYSE:LO)

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$71.4 $0.33 (0.46%) LO stock closing price Jun 11, 2015 (Closing)

The Lorillard 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 Lorillard 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 $5.69B and shareholders equity of $-2.18B. Lorillard revenue and Lorillard operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Lorillard financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2014201320122011201020092008
Cash1.31B1.45B1.72B1.63B2.06B1.38B1.19B
Marketable Securities324M157M-----
Receivables48M48M70M93M77M50M62M
Inventory404M499M410M277M277M281M255M
Raw Materials311M356M316M234M229M240M213M
Work In Progress-------
Finished Goods93M143M94M43M48M41M42M
Notes Receivable-------
Other Current Assets550M578M1.13B1.1B1.02B932M908M
Total Current Assets
2.63B2.74B2.78B2.56B2.94B2.18B1.96B
Property Plant & Equipment811M791M755M690M665M653M622M
Accumulated Depreciation503M475M457M428M422M416M404M
Net Property Plant & Equipment
308M316M298M262M243M237M218M
Investment & Advances167M93M----15M
Other Non-Current Assets-------
Deferred Charges142M51M48M54M6M48M90M
Intangibles163M189M121M----
Deposits & Other Assets94M151M152M128M112M109M36M
Total Assets
3.51B3.54B3.4B3.01B3.3B2.58B2.32B
Notes Payable-------
Accounts Payable31M42M39M32M27M23M30M
Current Portion Long-Term Debt-------
Current Portion Capital Leases-------
Accrued Expenses357M377M356M296M333M318M255M
Income Taxes Payable8M8M23M6M6M14M14M
Other Current Liabilities1.19B1.22B1.18B1.15B1.06B982M974M
Total Current Liabilities
1.58B1.65B1.6B1.49B1.43B1.34B1.27B
Mortgages-------
Deferred Taxes/Income-------
Convertible Debt-------
Long-Term Debt3.56B3.56B3.11B2.6B1.77B722M-
Non-Current Capital Leases-------
Other Long-Term Liabilities546M389M461M441M326M429M417M
Total Liabilities
5.69B5.6B5.17B4.52B3.52B2.49B1.69B
Minority Interest-------
Preferred Stock-------
Common Stock Net4M4M5M2M2M2M2M
Capital Surplus287M256M298M266M242M234M222M
Retained Earnings-1.14B-1.44B2.35B2.06B1.67B1.28B965M
Treasury Stock1.07B756M4.19B3.61B2.03B1.31B400M
Other Liabilities-263M-130M-241M-228M-109M-121M-158M
Shareholders Equity-2.18B-2.06B-1.78B-1.51B-225M87M631M
Total Liabilities & Shareholders Equity3.51B3.54B3.4B3.01B3.3B2.58B2.32B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Lorillard stock price, and Lorillard historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Lorillard PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: LO total assets, which was at $3.51B for 2014 is a balance sheet item representing value of what Lorillard 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: The total liabilities of Lorillard for the year 2014 total to $5.69B. Liabilities for a company like Lorillard 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.