Midcoast Energy Partners Balance Sheet - Quarterly (NYSE:MEP)

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$7.95 $0.05 (0.62%) MEP stock closing price Apr 26, 2017 (Closing)

The financial analysis of a company like Midcoast Energy Partners involves checking the three financial statements of the company in detail, of which the balance sheet is one. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Midcoast Energy Partners stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Midcoast Energy Partners balance sheet for 2016 Q4 shows total assets of $4.92B. The company has a asset turnover ratio of . Also see: Midcoast Energy Partners revenue and Midcoast Energy Partners operating cash flow for the same quarter.

View and download Midcoast Energy Partners quarterly results to get the balance sheet details for the latest 40 quarters data.
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Fiscal year is Jan - Dec2016 Q42016 Q32016 Q22016 Q12015 Q4
Cash18.4M6.7M24.9M66M38.6M
Marketable Securities-----
Receivables29.3M35.7M38.8M34.3M69.4M
Inventory28.1M63.2M47.7M13.7M31.9M
Raw Materials28.1M63.2M47.7M13.7M31.9M
Work In Progress-----
Finished Goods-----
Notes Receivable-----
Other Current Assets64.9M68.7M92.1M104.5M165.5M
Total Current Assets
140.7M174.3M203.5M218.5M305.4M
Property Plant & Equipment5.38B5.37B5.36B5.41B5.4B
Accumulated Depreciation1.27B1.23B1.2B1.2B1.17B
Net Property Plant & Equipment
4.11B4.13B4.16B4.21B4.23B
Investment & Advances360.7M359.6M364.8M368M372.3M
Other Non-Current Assets-----
Deferred Charges-----
Intangibles251.8M256.9M261.2M267.5M272.9M
Deposits & Other Assets48.3M57.9M61.1M81.1M97M
Total Assets
4.92B4.98B5.05B5.14B5.27B
Notes Payable-----
Accounts Payable78.1M57.3M55.7M58.3M97.8M
Current Portion Long-Term Debt-----
Current Portion Capital Leases-----
Accrued Expenses171.8M136.3M132.7M109.1M143.8M
Income Taxes Payable17.2M25.4M17.3M10.8M18.4M
Other Current Liabilities34.8M60.7M53.8M108.2M45.7M
Total Current Liabilities
301.9M279.7M259.5M286.4M305.7M
Mortgages-----
Deferred Taxes/Income-----
Convertible Debt-----
Long-Term Debt818.5M848.5M873.4M838.3M890M
Non-Current Capital Leases-----
Other Long-Term Liabilities25.8M27.6M30M39.6M45.9M
Total Liabilities
1.15B1.16B1.16B1.16B1.24B
Minority Interest-----
Preferred Stock-----
Common Stock Net490.3M510.1M529.1M556.3M565.5M
Capital Surplus-----
Retained Earnings-----
Treasury Stock-----
Other Liabilities3.28B3.32B3.36B3.42B3.47B
Shareholders Equity3.77B3.83B3.88B3.98B4.03B
Total Liabilities & Shareholders Equity4.92B4.98B5.05B5.14B5.27B
All figures in USD. M: Millions of USD, B: Billions of USD.

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The latest Midcoast Energy Partners stock price, and Midcoast Energy Partners historical stock prices show the stock price movement over time, and the Midcoast Energy Partners PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: An asset is a resource that a corporation like Midcoast Energy Partners owns and has monetary significance. MEP assets decreased from $4.98B in 2016 Q3 to $4.92B in 2016 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: The total liabilities of Midcoast Energy Partners for the quarter 2016 Q4 total to $1.15B. Liabilities for a company like Midcoast Energy Partners 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.