Golar Historical Balance Sheet
GLNG Stock | USD 41.24 4.32 11.70% |
Trend analysis of Golar LNG Limited balance sheet accounts such as Net Debt of 500.4 M or Cash of 732.2 M provides information on Golar LNG's total assets, liabilities, and equity, which is the actual value of Golar LNG Limited to its prevalent stockholders. By breaking down trends over time using Golar LNG 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.
Financial Statement Analysis is much more than just reviewing and examining Golar LNG Limited 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 Golar LNG Limited is a good buy for the upcoming year.
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About Golar Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Golar LNG Limited at a specified time, usually calculated after every quarter, six months, or one year. Golar LNG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Golar LNG 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 Golar currently owns. An asset can also be divided into two categories, current and non-current.
Golar LNG Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Golar LNG 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 Golar LNG 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 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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Cash
Cash refers to the most liquid asset of Golar LNG Limited, which is listed under current asset account on Golar LNG Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Golar LNG customers. The amounts must be unrestricted with restricted cash listed in a different Golar LNG account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Golar LNG Limited balance sheet. This account contains Golar LNG investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Golar LNG Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from Golar LNG's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Golar LNG 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golar LNG 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 board of governors. At this time, Golar LNG's Cash And Short Term Investments are most likely to increase significantly in the upcoming years. The Golar LNG's current Total Liabilities is estimated to increase to about 1.9 B, while Total Stockholder Equity is projected to decrease to roughly 1.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 1.7B | 2.5B | 2.1B | 1.1B | Total Assets | 4.9B | 4.3B | 4.1B | 3.1B |
Golar LNG balance sheet Correlations
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Golar LNG Account Relationship Matchups
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Golar LNG balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.7B | 4.3B | 4.9B | 4.3B | 4.1B | 3.1B | |
Total Stockholder Equity | 1.5B | 1.3B | 1.7B | 2.5B | 2.1B | 1.1B | |
Net Debt | 2.3B | 2.2B | 2.1B | 314.1M | 526.7M | 500.4M | |
Cash | 222.1M | 127.7M | 268.6M | 878.8M | 697.3M | 732.2M | |
Other Assets | 147.3M | 90.7M | 215.0M | 627.9M | 722.0M | 758.1M | |
Cash And Short Term Investments | 222.1M | 127.7M | 268.6M | 1.1B | 697.3M | 732.2M | |
Common Stock Shares Outstanding | 100.7M | 97.0M | 109.6M | 108.5M | 106.6M | 86.8M | |
Liabilities And Stockholders Equity | 4.7B | 4.3B | 4.9B | 4.3B | 4.1B | 3.1B | |
Other Stockholder Equity | 2.0B | 2.2B | 2.2B | 2.1B | 1.9B | 1.1B | |
Total Liab | 2.9B | 2.7B | 2.8B | 1.4B | 1.5B | 1.9B | |
Total Current Assets | 401.5M | 295.2M | 925.6M | 1.3B | 815.6M | 856.3M | |
Short Long Term Debt Total | 2.6B | 2.4B | 2.4B | 1.2B | 1.2B | 1.6B | |
Property Plant And Equipment Net | 3.6B | 3.6B | 3.8B | 2.3B | 2.6B | 2.2B | |
Non Current Assets Total | 4.3B | 4.0B | 4.0B | 3.0B | 3.3B | 2.8B | |
Non Currrent Assets Other | 157.2M | 90.7M | 215.0M | 622.2M | 529.9M | 372.9M | |
Non Current Liabilities Total | 1.6B | 1.5B | 1.5B | 965.0M | 935.8M | 1.4B | |
Property Plant And Equipment Gross | 3.6B | 3.6B | 3.8B | 2.3B | 3.1B | 2.2B | |
Other Current Liab | 152.5M | 169.1M | 478.4M | 35.8M | 942.5M | 989.6M | |
Total Current Liabilities | 1.3B | 1.2B | 1.3B | 414.4M | 545.8M | 540.6M | |
Other Liab | 136.2M | 137.7M | 104.9M | 120.4M | 138.5M | 103.8M | |
Current Deferred Revenue | 30.7M | 22.3M | 55.7M | 23.0M | 17.0M | 14.7M | |
Accounts Payable | 13.9M | 10.6M | 4.9M | 9.0M | 7.5M | 7.1M | |
Long Term Debt | 1.3B | 1.4B | 1.4B | 844.5M | 874.2M | 1.3B | |
Net Receivables | 1.7M | 38.1M | 35.0M | 50.8M | 57.6M | 60.5M | |
Inventory | 1.2M | 1.5M | 536K | 692K | (7.6M) | (7.2M) | |
Other Current Assets | 36.0M | 370.5M | 174.0M | 81.7M | 60.6M | 52.7M | |
Short Term Debt | 1.1B | 987.9M | 707.0M | 346.1M | 44.5M | 42.2M | |
Property Plant Equipment | 3.6B | 3.6B | 3.8B | 2.3B | 2.6B | 2.2B | |
Retained Earnings | (605.1M) | (929.6M) | (540.8M) | 262.1M | 77.0M | 80.9M | |
Accumulated Other Comprehensive Income | (34.9M) | (56.9M) | (10.8M) | (5.8M) | (5.1M) | (5.3M) | |
Net Tangible Assets | 1.5B | 1.3B | 1.7B | 2.5B | 2.3B | 1.5B | |
Long Term Investments | 508.8M | 312.6M | 52.2M | 104.1M | 54.0M | 51.3M | |
Short Long Term Debt | 1.2B | 1.0B | 1.1B | 344.8M | 342.6M | 325.4M |
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When determining whether Golar LNG Limited is a strong investment it is important to analyze Golar LNG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golar LNG's future performance. For an informed investment choice regarding Golar Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golar LNG 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 board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golar LNG. If investors know Golar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golar LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Earnings Share 1.32 | Revenue Per Share 2.632 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0237 |
The market value of Golar LNG Limited is measured differently than its book value, which is the value of Golar that is recorded on the company's balance sheet. Investors also form their own opinion of Golar LNG's value that differs from its market value or its book value, called intrinsic value, which is Golar LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golar LNG's market value can be influenced by many factors that don't directly affect Golar LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golar LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golar LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golar LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.