Devon Historical Balance Sheet

0I8W Stock   38.34  1.15  2.91%   
Trend analysis of Devon Energy Corp balance sheet accounts such as Short Long Term Debt Total of 5.8 B, Other Current Liabilities of 925.7 M or Total Current Liabilities of 2.4 B provides information on Devon Energy's total assets, liabilities, and equity, which is the actual value of Devon Energy Corp to its prevalent stockholders. By breaking down trends over time using Devon Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Devon Energy Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Devon Energy Corp is a good buy for the upcoming year.

Devon Energy Inventory

189.04 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Devon Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Devon Stock please use our How to Invest in Devon Energy guide.

About Devon Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Devon Energy Corp at a specified time, usually calculated after every quarter, six months, or one year. Devon Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Devon Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Devon currently owns. An asset can also be divided into two categories, current and non-current.

Devon Energy Balance Sheet Chart

At this time, Devon Energy's Capital Surpluse is comparatively stable compared to the past year.

Total Assets

Total assets refers to the total amount of Devon Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Devon Energy Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Devon Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Devon Energy Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most accounts from Devon Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Devon Energy Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Devon Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Devon Stock please use our How to Invest in Devon Energy guide.At this time, Devon Energy's Capital Surpluse is comparatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total6.7B6.7B6.5B5.8B
Total Assets21.0B23.7B24.5B20.2B

Devon Energy balance sheet Correlations

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0.660.59-0.010.80.730.540.170.70.970.580.240.190.040.560.09-0.060.650.910.68-0.02-0.43-0.020.170.520.88
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0.670.640.540.530.480.690.70.370.180.710.390.170.650.190.710.340.340.680.410.650.4-0.360.170.510.24
0.590.52-0.050.60.520.510.380.60.480.590.490.520.18-0.470.550.29-0.350.580.520.520.2-0.84-0.510.510.7
0.720.55-0.070.860.820.630.180.870.850.670.180.880.29-0.170.570.34-0.260.680.840.690.09-0.56-0.20.240.7
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Devon Energy Account Relationship Matchups

Devon Energy balance sheet Accounts

201920202021202220232024 (projected)
Total Assets13.7B9.9B21.0B23.7B24.5B20.2B
Short Long Term Debt Total4.5B4.5B6.7B6.7B6.5B5.8B
Other Current Liab1.5B1.2B2.6B2.0B1.7B925.7M
Total Current Liabilities1.9B1.4B3.1B3.1B2.9B2.4B
Total Stockholder Equity5.8B2.9B9.3B11.2B12.1B9.0B
Property Plant And Equipment Net8.8B5.6B15.2B18.3B19.6B13.6B
Net Debt3.1B2.3B4.5B5.2B5.6B4.2B
Retained Earnings3.1B208M1.7B4.3B6.2B4.4B
Cash1.5B2.2B2.3B1.5B875M1.4B
Non Current Assets Total9.9B6.7B16.8B19.8B21.3B17.2B
Non Currrent Assets Other277M283M91M(1.2B)319M553.0M
Cash And Short Term Investments1.5B2.2B2.3B1.5B875M1.6B
Net Receivables832M775M1.5B1.8B1.6B920.5M
Common Stock Shares Outstanding401M377M665M653M642M339.2M
Liabilities And Stockholders Equity13.7B9.9B21.0B23.7B24.5B20.2B
Non Current Liabilities Total5.9B5.5B8.5B9.3B9.3B8.2B
Inventory197M1.3B114M201M249M189.0M
Other Stockholder Equity2.7B2.8B7.6B6.9B5.9B4.2B
Total Liab7.8B6.9B11.6B12.4B12.3B10.6B
Total Current Assets3.9B3.3B4.2B3.9B3.2B3.0B
Accounts Payable428M242M500M859M760M775.6M
Other Current Assets1.6B58M359M469M460M463.7M
Accumulated Other Comprehensive Income(119M)(127M)(132M)(116M)(124M)(117.8M)
Current Deferred Revenue(17M)(9M)(26M)1.5B(47M)(44.7M)
Short Term Debt17M9M26M272M483M934.2M
Other Assets277M271M378M307M276.3M262.5M
Long Term Debt6.7B4.3B4.3B4.3B3.9B4.8B
Capital Surpluse7.3B4.5B2.7B2.8B2.5B3.9B
Property Plant Equipment8.8B5.6B15.2B18.3B16.5B10.5B
Other Liab1.3B909M1.8B2.9B2.6B2.2B
Net Tangible Assets5.0B2.1B8.5B10.4B12.0B7.9B

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When running Devon Energy's price analysis, check to measure Devon Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Devon Energy is operating at the current time. Most of Devon Energy's value examination focuses on studying past and present price action to predict the probability of Devon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devon Energy's price. Additionally, you may evaluate how the addition of Devon Energy to your portfolios can decrease your overall portfolio volatility.