Western Gas Balance Sheet - Quarterly (NYSE:WGP)

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$33.63 $0.31 (0.93%) WGP stock closing price Sep 18, 2018 (Closing)

The financial analysis of a company like Western Gas involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our Western 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. Quarterly results are typically accompanied with the company releasing financial statements. Apart from analyzing Western Gas revenue Western Gas operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Western Gas balance sheet for 2018 Q2 shows cash on hand of $55.32M. The company has a debt to equity ratio of 1.14.

View and download Western 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
Cash55.32M523.68M79.58M153.03M188.82M122.65M359.07M146.34M159.67M111.45M
Marketable Securities----------
Receivables166.98M188.87M160.23M192.43M136.4M152.54M223.02M214.05M221.48M179.6M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets27.06M23.25M15.38M13.49M10.44M11.03M13.49M9.34M6.01M4.06M
Total Current Assets
249.36M735.81M255.21M358.97M335.68M286.23M595.59M369.75M387.16M295.12M
Property Plant & Equipment8.62B8.27B7.87B7.58B7.35B7.24B6.86B6.91B6.82B6.7B
Accumulated Depreciation2.41B2.21B2.14B2.07B2.01B1.97B1.81B1.88B1.82B1.76B
Net Property Plant & Equipment
6.21B6.06B5.73B5.51B5.35B5.27B5.05B5.03B5B4.94B
Investment & Advances754.3M557.68M566.21M573.62M581.15M591.1M594.2M599.28M606.12M610.58M
Other Non-Current Assets260M260M260M260M260M260M260M260M260M260M
Deferred Charges----------
Intangibles1.18B1.18B1.19B1.2B1.21B1.21B1.22B1.23B1.24B1.24B
Deposits & Other Assets14.38M14.52M12.57M15.62M16.03M16.43M15.05M14.77M15.27M15.54M
Total Assets
8.67B8.82B8.02B7.92B7.75B7.63B7.74B7.5B7.51B7.37B
Notes Payable----------
Accounts Payable331.45M360.02M349.8M302.84M198.49M186.88M123.28M101.1M90.91M103.75M
Current Portion Long-Term Debt28M28M--------
Current Portion Capital Leases----------
Accrued Expenses157.72M117.99M74.62M90.71M79.04M93.26M192.1M153.48M150.79M156.25M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
517.16M506.02M424.42M393.56M277.53M280.15M315.38M254.58M241.7M260.01M
Mortgages----------
Deferred Taxes/Income8.75M8.59M7.4M10.28M10.16M9.52M6.4M6.36M6.02M5.9M
Convertible Debt----------
Long-Term Debt4.18B4.18B3.49B3.37B3.28B3.16B3.16B2.95B2.99B3.24B
Non-Current Capital Leases----------
Other Long-Term Liabilities289.91M275.83M146.88M146.24M142.52M145.34M142.64M139.6M137.13M132.12M
Total Liabilities
4.99B4.97B4.07B3.92B3.71B3.59B3.63B3.35B3.37B3.64B
Minority Interest----------
Preferred Stock----------
Common Stock Net994.42M1.04B1.06B1.07B1.07B1.04B1.05B1.07B1.05B876.87M
Capital Surplus----------
Retained Earnings----------
Treasury Stock----------
Other Liabilities2.68B2.81B2.88B2.93B2.97B3B3.06B3.08B3.08B2.85B
Shareholders Equity3.68B3.85B3.94B3.99B4.04B4.04B4.11B4.15B4.13B3.73B
Total Liabilities & Shareholders Equity8.67B8.82B8.02B7.92B7.75B7.63B7.74B7.5B7.51B7.37B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Western Gas stock price by looking at Western Gas historical stock prices. One can compare PE with industry average by looking at the Western Gas PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Western Gas owns and has monetary significance. WGP assets decreased from $8.82B in 2018 Q1 to $8.67B in 2018 Q2. 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: This item on the balance sheet implies the firm's, in this case Western Gas's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for WGP stock stand at $4.99B.

Western Gas Balance Sheet - Key Ratios

Current ratio
0.48
Debt to equity ratio
1.14
Asset turnover ratio
0.22
Receivables turnover
12.54
Price to book ratio
1.89