Western Gas Balance Sheet - Quarterly (NYSE:WGP)

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$35.51 $1.03 (2.82%) WGP stock closing price Jun 15, 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 Q1 shows cash on hand of $523.68M. The company has a debt to equity ratio of 1.09.

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 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash523.68M79.58M153.03M188.82M122.65M359.07M146.34M159.67M111.45M99.69M
Marketable Securities----------
Receivables188.87M160.23M192.43M136.4M152.54M223.02M214.05M221.48M179.6M180.77M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets23.25M15.38M13.49M10.44M11.03M13.49M9.34M6.01M4.06M8.55M
Total Current Assets
735.81M255.21M358.97M335.68M286.23M595.59M369.75M387.16M295.12M289.02M
Property Plant & Equipment8.27B7.87B7.58B7.35B7.24B6.86B6.91B6.82B6.7B5.9B
Accumulated Depreciation2.21B2.14B2.07B2.01B1.97B1.81B1.88B1.82B1.76B1.61B
Net Property Plant & Equipment
6.06B5.73B5.51B5.35B5.27B5.05B5.03B5B4.94B4.29B
Investment & Advances557.68M566.21M573.62M581.15M591.1M594.2M599.28M606.12M610.58M618.88M
Other Non-Current Assets260M260M260M260M260M260M260M260M260M260M
Deferred Charges----------
Intangibles1.18B1.19B1.2B1.21B1.21B1.22B1.23B1.24B1.24B1.22B
Deposits & Other Assets14.52M12.57M15.62M16.03M16.43M15.05M14.77M15.27M15.54M29.7M
Total Assets
8.82B8.02B7.92B7.75B7.63B7.74B7.5B7.51B7.37B6.71B
Notes Payable----------
Accounts Payable360.02M349.8M302.84M198.49M186.88M123.28M101.1M90.91M103.75M64.6M
Current Portion Long-Term Debt28M---------
Current Portion Capital Leases----------
Accrued Expenses117.99M74.62M90.71M79.04M93.26M192.1M153.48M150.79M156.25M134.7M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
506.02M424.42M393.56M277.53M280.15M315.38M254.58M241.7M260.01M199.3M
Mortgages----------
Deferred Taxes/Income8.59M7.4M10.28M10.16M9.52M6.4M6.36M6.02M5.9M5.96M
Convertible Debt----------
Long-Term Debt4.18B3.49B3.37B3.28B3.16B3.16B2.95B2.99B3.24B2.9B
Non-Current Capital Leases----------
Other Long-Term Liabilities275.83M146.88M146.24M142.52M145.34M142.64M139.6M137.13M132.12M118.6M
Total Liabilities
4.97B4.07B3.92B3.71B3.59B3.63B3.35B3.37B3.64B3.22B
Minority Interest----------
Preferred Stock----------
Common Stock Net1.04B1.06B1.07B1.07B1.04B1.05B1.07B1.05B876.87M1.06B
Capital Surplus----------
Retained Earnings----------
Treasury Stock----------
Other Liabilities2.81B2.88B2.93B2.97B3B3.06B3.08B3.08B2.85B2.43B
Shareholders Equity3.85B3.94B3.99B4.04B4.04B4.11B4.15B4.13B3.73B3.49B
Total Liabilities & Shareholders Equity8.82B8.02B7.92B7.75B7.63B7.74B7.5B7.51B7.37B6.71B
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 grew from $8.02B in 2017 Q4 to $8.82B in 2018 Q1. 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 $4.97B.

Western Gas Balance Sheet - Key Ratios

Current ratio
1.45
Debt to equity ratio
1.09
Asset turnover ratio
0.21
Receivables turnover
13.06
Price to book ratio
1.96