Mid-Con Energy Balance Sheet - Quarterly (NASDAQ:MCEP)

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$1.9 $0.07 (3.83%) MCEP stock closing price Apr 24, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Mid-Con Energy, and helps in stock analysis. As in our Mid-Con 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. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Mid-Con Energy had a long term debt of $99M at the end of 2017 Q4. To understand the debt servicing capacity of the company, one needs to look at Mid-Con Energy operating cash flow and Mid-Con Energy revenue also. Mid-Con Energy debt to equity ratio is 0.97.

View and download Mid-Con Energy 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 - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Cash1.83M2.58M-2.79M2.35M2.11M4.01M---
Marketable Securities-----1.37M4.68M16.32M-27.12M
Receivables5.36M4.68M4.68M4.88M5.53M5.84M6.57M7.71M33.97M8.92M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets2.22M-----21.24M---
Total Current Assets
9.42M7.46M5.45M8.1M8.55M9.63M36.53M24.7M35.21M37.3M
Property Plant & Equipment-455.41M-444.2M441.76M439.13M418.26M520.67M518.91M511.86M
Accumulated Depreciation129.1M212.92M203.72M181.42M176.55M171.02M165.36M238.09M232M160.5M
Net Property Plant & Equipment
207.49M242.49M247.7M262.78M265.21M268.1M252.89M282.57M286.9M351.35M
Investment & Advances-------1.36M1.14M1.59M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles----------
Deposits & Other Assets2.45M1.64M1.98M2.32M2.51M2.88M3.2M3.48M3.81M3.67M
Total Assets
219.36M251.79M255.6M273.25M276.28M280.62M292.63M312.12M327.08M393.92M
Notes Payable----------
Accounts Payable2.22M4.29M1.62M2.43M3.68M2.56M2.91M2.62M3.74M3.89M
Current Portion Long-Term Debt------52.01M19M30M-
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities4.32M--2.97M5.31M2.3M3.26M---
Total Current Liabilities
7.15M5.97M2.69M5.62M9.14M5.01M59.13M21.69M33.9M3.95M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt99M122M121M120.5M122M127.9M110M150M150M194M
Non-Current Capital Leases----------
Other Long-Term Liabilities10.98M12.45M12.2M11.87M13.91M13.1M11.45M12.86M12.67M7.76M
Total Liabilities
117.14M140.43M135.89M137.99M145.06M146.01M180.58M184.56M196.58M205.71M
Minority Interest----------
Preferred Stock20.53M20.25M19.97M19.79M19.57M19.06M----
Common Stock Net82.26M91.57M100.11M115.65M111.89M115.75M112.23M127.55M130.45M187.46M
Capital Surplus----------
Retained Earnings----------
Treasury Stock----------
Other Liabilities-0.57M-0.47M-0.37M-0.19M-0.24M-0.2M-0.18M---
Shareholders Equity102.22M111.35M119.7M135.25M131.22M134.61M112.05M127.55M130.49M188.21M
Total Liabilities & Shareholders Equity219.36M251.79M255.6M273.25M276.28M280.62M292.63M312.12M327.08M393.92M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Mid-Con Energy stock price, and Mid-Con Energy historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Mid-Con Energy PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Mid-Con Energy owns and has monetary significance. MCEP assets decreased from $251.79M in 2017 Q3 to $219.36M in 2017 Q4. 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 Mid-Con Energy is $117.14M. Shareholders equity comes under liabilities as it is money the company owes the holders of MCEP stock.

Mid-Con Energy Balance Sheet - Key Ratios

Current ratio
1.32
Debt to equity ratio
0.97
Asset turnover ratio
0.18
Receivables turnover
11.34
Price to book ratio
0.48