Contango Oil & Gas Balance Sheet - Quarterly (NYSEMKT:MCF)

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$4.44 $0.24 (5.13%) MCF stock closing price Aug 13, 2018 (Closing)

The Contango Oil & Gas 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. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Contango Oil & Gas stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Contango Oil & Gas had a long term debt of $80.83M at the end of 2018 Q2. To understand the debt servicing capacity of the company, one needs to look at Contango Oil & Gas operating cash flow and Contango Oil & Gas revenue also. Contango Oil & Gas debt to equity ratio is 0.35.

View and download Contango Oil & Gas 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 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash----------
Marketable Securities----------
Receivables10.93M13.7M13.05M11.75M11.62M11.82M16.72M10.62M12.3M13.2M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets1.7M1.68M2.71M2.22M3.42M1.72M1.78M1.51M2.4M3.55M
Total Current Assets
12.63M15.38M15.77M13.98M15.04M14.09M19.05M12.67M15.25M17.29M
Property Plant & Equipment1.22B1.22B---1.24B1.23B1.23B1.21B1.21B
Accumulated Depreciation883.32M876.97M930.22M918.76M908.24M895.94M887.28M874.82M860.07M842.85M
Net Property Plant & Equipment
339.95M340.53M345.95M342.61M342.33M344.64M340.38M353.52M347.09M364.77M
Investment & Advances18.7M19.17M18.46M18.24M17.71M17.55M15.76M16.02M15.55M14.26M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles----------
Deposits & Other Assets-1.04M--1.07M1.19M1.31M1.43M1.54M-
Total Assets
372.45M376.56M381.45M375.79M376.16M377.47M376.51M383.66M379.46M397.23M
Notes Payable----------
Accounts Payable42.11M42.61M46.75M45.4M45.69M52.95M55.13M39.9M25.53M30.06M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities4.16M3.63M3.78M4.09M6.14M5.92M7.75M6.56M7.54M4.44M
Total Current Liabilities
46.27M46.24M50.53M49.49M51.83M58.88M62.88M46.47M33.07M34.5M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt80.83M78.66M85.38M79.22M71.31M59.72M54.35M62.46M110.97M112.18M
Non-Current Capital Leases----------
Other Long-Term Liabilities24.18M24.76M20.93M18.33M18.84M20.19M22.86M23.27M23.64M22.83M
Total Liabilities
151.28M149.67M156.85M147.05M141.99M138.8M140.1M132.2M167.69M169.52M
Minority Interest----------
Preferred Stock----------
Common Stock Net1.24M1.23M1.22M1.22M1.22M1.21M1.21M1.2M--
Capital Surplus305.52M303.94M302.52M300.98M299.5M297.89M296.43M294.32M242.36M241.02M
Retained Earnings43.19M50.37M49.43M55.01M61.92M67.96M67.07M83.92M96.4M113.7M
Treasury Stock128.78M128.65M128.58M128.48M128.48M128.39M128.32M127.99M127.99M127.98M
Other Liabilities----------
Shareholders Equity221.17M226.89M224.6M228.73M234.17M238.67M236.4M251.45M211.76M227.71M
Total Liabilities & Shareholders Equity372.45M376.56M381.45M375.79M376.16M377.47M376.51M383.66M379.46M397.23M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Contango Oil & Gas stock price, and Contango Oil & Gas historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Contango Oil & Gas PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Contango Oil & Gas owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for MCF stock as of 2018 Q2 is $372.45M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Contango Oil & Gas for the quarter 2018 Q2 total to $151.28M. Liabilities for a company like Contango Oil & Gas 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.

Contango Oil & Gas Balance Sheet - Key Ratios

Current ratio
0.33
Debt to equity ratio
0.35
Asset turnover ratio
0.22
Receivables turnover
6.42
Price to book ratio
0.48