QEP Resources Balance Sheet - Annual (NYSE:QEP)

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$9.22 $0.55 (5.63%) QEP stock closing price Aug 15, 2018 (Closing)

A thorough fundamental analysis involves using data from QEP Resources balance sheet, apart from other financial statements, to value the business. All three financial statements should be used to measure the financial performance of the company, and should form a part of the QEP Resources stock analysis. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The balance sheet shows total liabilities of $3.6B and shareholders equity of $3.8B. QEP Resources revenue and QEP Resources operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check QEP Resources financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash-443.8M376.1M1.16B11.9M---17.5M20.3M
Marketable Securities----------
Receivables147M174.3M365.5M441.9M408.5M387.5M397.4M269.9M248M304.4M
Inventory3.6M10.4M13.3M13.7M13.4M13.1M103.8M81.8M94M110.4M
Raw Materials-10.4M13.3M13.7M13.4M13.1M103.8M81.8M94M110.4M
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets14.8M11.6M176.9M385.8M85.2M249.1M317.4M302.5M183.7M459.3M
Total Current Assets
165.4M640.1M931.8M2B519M649.7M818.6M654.2M543.2M894.4M
Property Plant & Equipment13.92B15.44B14.34B13.45B14.08B12.93B10.01B8.6B8.21B7.07B
Accumulated Depreciation6.77B8.9B6.96B6.22B5.36B4.63B3.65B2.71B2.53B1.96B
Net Property Plant & Equipment
7.16B6.54B7.38B7.23B8.72B8.3B6.36B5.89B5.69B5.11B
Investment & Advances----39M41.2M42.2M44.5M43.9M40.8M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles-----59.5M59.5M59.6M60.1M60.2M
Deposits & Other Assets72.4M66.3M109.1M54.1M102.4M58.6M161.1M137M87M132.6M
Total Assets
7.39B7.25B8.43B9.29B9.38B9.11B7.44B6.79B6.42B6.23B
Notes Payable--------39.3M89.4M
Accounts Payable398.1M302.6M388.1M611.8M472.1M672.8M481.7M360.3M361.3M445.3M
Current Portion Long-Term Debt44M12.3M206.6M54.7M90.9M39.7M29.4M78M--
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable31.6M30.1M46.1M678.3M51.8M46.8M125.4M46.7M63.3M184.3M
Other Current Liabilities103.6M169.8M--26.7M2.6M1.3M139.3M149.7M-
Total Current Liabilities
577.3M514.8M641.6M1.34B641.5M761.9M637.8M624.3M613.6M719.5M
Mortgages----------
Deferred Taxes/Income518M825.9M1.48B1.36B1.56B1.49B1.48B1.38B1.28B1.14B
Convertible Debt----------
Long-Term Debt2.16B2.02B2.04B2.22B3B3.21B1.68B1.47B1.35B1.3B
Non-Current Capital Leases----------
Other Long-Term Liabilities340.8M381.1M314.2M285.9M300.4M332.5M288.7M247.9M369M298.1M
Total Liabilities
3.6B3.74B4.48B5.21B5.5B5.79B4.09B3.72B3.61B3.48B
Minority Interest---------29.5M
Preferred Stock----------
Common Stock Net2.4M2.4M1.8M1.8M1.8M1.8M1.8M1.8M4.3M4.3M
Capital Surplus1.4B1.37B554.8M535.3M498.4M462.1M431.4M394.2M124.2M141.9M
Retained Earnings2.44B2.17B3.42B3.59B2.92B2.77B2.67B2.42B2.54B2.26B
Treasury Stock34.2M22.9M14.6M25.4M14.9M3.7M13.1M---
Other Liabilities-11.1M-16.7M-12.4M-24.3M473.7M80.5M258.5M247.1M142M341.6M
Shareholders Equity3.8B3.5B3.95B4.08B3.88B3.31B3.35B3.06B2.81B2.75B
Total Liabilities & Shareholders Equity7.39B7.25B8.43B9.29B9.38B9.11B7.44B6.79B6.42B6.23B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the QEP Resources stock price, and QEP Resources historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the QEP Resources PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: QEP total assets, which was at $7.39B for 2017 is a balance sheet item representing value of what QEP Resources 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 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 QEP Resources is $3.6B. Shareholders' equity comes under liabilities as it is money the company owes the holders of QEP stock.

QEP Resources Balance Sheet - Key Ratios

Current ratio
0.34
Debt to equity ratio
0.79
Asset turnover ratio
0.28
Receivables turnover
11.44
Price to book ratio
0.64