Northern Oil and Gas Balance Sheet - Annual (NYSEMKT:NOG)

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$2.78 $0.11 (4.12%) NOG stock closing price Aug 16, 2018 (Closing)

The financial analysis of a company like Northern Oil and Gas involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our Northern Oil and Gas 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. A company releases its balance sheet every year along with its annual results. The balance sheet shows total liabilities of $1.12B and shareholders equity of $-490.84M. Northern Oil and Gas revenue and Northern Oil and Gas operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Northern Oil and Gas financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash102.18M6.48M3.39M9.33M5.68M13.38M6.27M152.11M6.23M-
Marketable Securities--64.61M128.89M---39.72M24.9M-
Receivables47.63M37.24M58.23M85.93M86.81M70.21M51.41M22.03M7.02M2.9M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets2.93M3.16M2.58M1.82M11.82M10.6M22.8M19.14M3.85M1.5M
Total Current Assets
152.75M46.89M128.81M225.98M104.38M94.21M80.5M233.01M42.01M5.19M
Property Plant & Equipment2.59B2.43B2.35B2.22B1.68B1.25B706.96M-97.24M56.08M
Accumulated Depreciation2.11B2.06B1.76B458.03M285.61M162.03M63.26M22.15M5.09M-
Net Property Plant & Equipment
473.21M376.2M589.32M1.76B1.4B1.08B643.7M275.3M92.15M55.23M
Investment & Advances-----1.76M---2.41M
Other Non-Current Assets----------
Deferred Charges--15.81M13.81M16.16M11.71M1.38M1.36M1.42M-
Intangibles----------
Deposits & Other Assets5.49M8.43M-25.01M1.74M-----
Total Assets
632.25M431.53M733.94M2.03B1.52B1.19B725.59M509.69M135.59M62.87M
Notes Payable---------1.65M
Accounts Payable93.15M56.14M65.31M231.55M168.93M95.82M110.13M48.5M6.41M1.93M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses11.17M10.77M12.6M10.23M6.03M4.63M---9.68M
Income Taxes Payable---43.93M------
Other Current Liabilities19.24M10.51M--19.11M-9.39M11.16M1.33M-
Total Current Liabilities
123.57M77.44M78.11M285.73M194.08M100.45M119.66M59.66M8.91M13.41M
Mortgages----------
Deferred Taxes/Income---158.41M116.67M76.17M35.92M9.16M--
Convertible Debt----------
Long-Term Debt979.32M832.62M847.8M806.05M584.53M424M69.9M---
Non-Current Capital Leases----------
Other Long-Term Liabilities20.19M8.88M5.62M5.68M4.46M4.11M3.53M5.5M1.7M-
Total Liabilities
1.12B918.95M931.54M1.26B899.77M604.75M229.02M74.33M12.03M13.41M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus449.66M443.89M440.22M433.33M446.04M465.46M448.19M428.48M124.88M51.69M
Retained Earnings-940.57M-931.37M-637.88M337.46M173.72M120.65M48.37M7.75M--2.02M
Treasury Stock----------
Other Liabilities-------0.06M-0.94M-2.21M-0.24M
Shareholders Equity-490.84M-487.42M-197.6M770.86M619.82M586.18M496.57M435.35M123.55M49.46M
Total Liabilities & Shareholders Equity632.25M431.53M733.94M2.03B1.52B1.19B725.59M509.69M135.59M62.87M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Northern Oil and Gas historical stock prices and the current Northern Oil and Gas stock price can tell you how the stock price has moved, whereas the Northern Oil and Gas PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like Northern Oil and Gas owns and has monetary significance. NOG assets grew from $431.53M in 2016 to $632.25M in 2017. 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 include short term loans and long term loans availed by the company to fund its business operations. NOG stock had total liabilities of $1.12B for the year 2017.

Northern Oil and Gas Balance Sheet - Key Ratios

Current ratio
1.75
Debt to equity ratio
0
Asset turnover ratio
0.35
Receivables turnover
4.3