CNOOC Historical Balance Sheet
600938 Stock | 26.18 0.16 0.61% |
Trend analysis of CNOOC Limited balance sheet accounts such as Total Current Liabilities of 102.7 B, Total Stockholder Equity of 539 B or Property Plant And Equipment Net of 556.3 B provides information on CNOOC's total assets, liabilities, and equity, which is the actual value of CNOOC Limited to its prevalent stockholders. By breaking down trends over time using CNOOC 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.
CNOOC Inventory |
|
CNOOC |
About CNOOC Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of CNOOC Limited at a specified time, usually calculated after every quarter, six months, or one year. CNOOC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CNOOC 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 CNOOC currently owns. An asset can also be divided into two categories, current and non-current.
CNOOC Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of CNOOC 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 CNOOC Limited 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 CNOOC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CNOOC Limited 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Long Term Debt
Long-term debt is a debt that CNOOC Limited has held for over one year. Long-term debt appears on CNOOC Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on CNOOC Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most accounts from CNOOC's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into CNOOC Limited 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 CNOOC Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, CNOOC's Cash is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 95.4 B, whereas Total Assets are forecasted to decline to about 878.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 480.9B | 597.2B | 686.8B | 539.0B | Total Current Liabilities | 94.0B | 113.4B | 130.4B | 102.7B |
CNOOC balance sheet Correlations
Click cells to compare fundamentals
CNOOC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in CNOOC Stock
Balance Sheet is a snapshot of the financial position of CNOOC Limited at a specified time, usually calculated after every quarter, six months, or one year. CNOOC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CNOOC 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 CNOOC currently owns. An asset can also be divided into two categories, current and non-current.