Genie Historical Balance Sheet

GNE Stock  USD 16.32  0.28  1.75%   
Trend analysis of Genie Energy balance sheet accounts such as Total Current Liabilities of 61.7 M or Total Stockholder Equity of 116.5 M provides information on Genie Energy's total assets, liabilities, and equity, which is the actual value of Genie Energy to its prevalent stockholders. By breaking down trends over time using Genie 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 Genie Energy 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 Genie Energy is a good buy for the upcoming year.

Genie Energy Inventory

10.24 Million

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genie Energy. 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 information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

About Genie Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Genie Energy at a specified time, usually calculated after every quarter, six months, or one year. Genie Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Genie 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 Genie currently owns. An asset can also be divided into two categories, current and non-current.

Genie Energy Balance Sheet Chart

At present, Genie Energy's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 63.2 M, whereas Total Current Liabilities is forecasted to decline to about 61.7 M.

Total Assets

Total assets refers to the total amount of Genie 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 Genie Energy 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 Genie 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 Genie Energy 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.

Accounts Payable

An accounting item on the balance sheet that represents Genie Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Genie Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Genie Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Genie Energy 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 Genie Energy. 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 information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.At present, Genie Energy's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 63.2 M, whereas Total Current Liabilities is forecasted to decline to about 61.7 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities92.4M49.3M57.8M60.7M
Total Assets229.0M277.6M330.6M173.8M

Genie Energy balance sheet Correlations

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Genie Energy Account Relationship Matchups

Genie Energy balance sheet Accounts

201920202021202220232024 (projected)
Total Assets156.2M187.3M229.0M277.6M330.6M173.8M
Other Current Liab30.8M61.6M92.4M49.3M57.8M60.7M
Total Current Liabilities72.2M97.5M114.3M99.2M98.3M61.7M
Total Stockholder Equity94.8M98.1M124.9M187.1M197.2M116.5M
Property Plant And Equipment Net3.6M259K297K891K17.3M18.2M
Net Debt(26.9M)(35.5M)(93.8M)(96.6M)(107.3M)(101.9M)
Retained Earnings(59.7M)(56.7M)(27.5M)49.0M60.2M63.2M
Accounts Payable24.4M26.9M14.5M25.3M27.9M21.6M
Cash31.2M36.9M95.5M98.6M107.6M58.1M
Non Current Assets Total43.3M53.5M28.7M50.0M100.7M105.8M
Non Currrent Assets Other7.9M10.1M8.5M28.9M65.5M68.7M
Cash And Short Term Investments31.2M42.0M96.8M99.1M108.0M59.4M
Net Receivables49.8M48.4M41.3M55.1M61.9M44.2M
Good Will11.1M12.1M25.9M11.8M11.5M9.5M
Common Stock Shares Outstanding27.5M26.8M26.3M26.4M26.1M26.1M
Liabilities And Stockholders Equity156.2M187.3M229.0M277.6M330.6M173.8M
Non Current Liabilities Total3.2M3.8M2.4M4.8M47.8M50.2M
Inventory16.6M16.9M17.7M15.7M14.6M10.2M
Other Current Assets2.1M31.5M39.8M57.7M45.3M47.6M
Other Stockholder Equity131.9M130.9M129.2M127.5M133.4M106.7M
Total Liab75.3M101.3M116.7M104.0M146.0M153.3M
Property Plant And Equipment Gross3.6M259K297K891K20.0M21.0M
Total Current Assets112.9M133.8M200.3M227.6M229.8M138.5M
Accumulated Other Comprehensive Income2.5M3.8M3.2M1.9M3.3M1.7M
Other Liab464K554K7K3.1M3.5M3.7M
Other Assets17.7M10.6M(1K)36.0M41.4M43.4M
Common Stock Total Equity274K276K282K287K330.1K278.9K
Intangible Assets6.8M11.6M3.6M3.1M2.7M5.2M
Common Stock274K276K282K287K304K283.1K
Property Plant Equipment3.6M4.7M297K891K801.9K761.8K
Net Tangible Assets56.1M40.8M89.7M165.6M190.5M200.0M
Current Deferred Revenue13.4M5.6M(229K)5.8M5.6M5.5M
Noncontrolling Interest In Consolidated Entity(13.9M)(12.0M)(12.5M)(13.5M)(12.1M)(12.7M)
Retained Earnings Total Equity(59.7M)(56.7M)(29.1M)49.0M44.1M46.3M
Capital Surpluse139.6M140.7M143.2M146.5M168.5M136.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy'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 Genie Energy's future performance. For an informed investment choice regarding Genie 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 Genie Energy. 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 information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Electric Utilities 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 Genie Energy. If investors know Genie 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 Genie Energy 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
(0.28)
Dividend Share
0.3
Earnings Share
0.08
Revenue Per Share
16.136
Quarterly Revenue Growth
(0.10)
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy'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 Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy'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 Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy'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.