Empire Historical Balance Sheet
EP Stock | USD 5.89 0.21 3.70% |
Trend analysis of Empire Petroleum Corp balance sheet accounts such as Other Current Liabilities of 4.3 M provides information on Empire Petroleum's total assets, liabilities, and equity, which is the actual value of Empire Petroleum Corp to its prevalent stockholders. By breaking down trends over time using Empire Petroleum 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 Empire Petroleum 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 Empire Petroleum Corp is a good buy for the upcoming year.
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About Empire Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Empire Petroleum Corp at a specified time, usually calculated after every quarter, six months, or one year. Empire Petroleum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Empire Petroleum 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 Empire currently owns. An asset can also be divided into two categories, current and non-current.
Empire Petroleum Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Empire Petroleum 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 Empire Petroleum 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 Empire Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Empire Petroleum 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.Most accounts from Empire Petroleum's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Empire Petroleum 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire Petroleum 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 american community survey. At this time, Empire Petroleum's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/22/2024, Liabilities And Stockholders Equity is likely to grow to about 97.2 M, though Net Debt is likely to grow to (1.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 9.4M | 8.0M | 6.7M | 9.7M | Total Assets | 50.1M | 71.5M | 92.6M | 97.2M |
Empire Petroleum balance sheet Correlations
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Empire Petroleum Account Relationship Matchups
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Empire Petroleum balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.0M | 11.2M | 50.1M | 71.5M | 92.6M | 97.2M | |
Short Long Term Debt Total | 7.8M | 9.6M | 9.4M | 8.0M | 6.7M | 9.7M | |
Other Current Liab | 11.9K | 2.7M | 5.8M | 9.2M | 7.1M | 4.3M | |
Total Current Liabilities | 2.2M | 6.1M | 12.1M | 17.6M | 25.0M | 26.3M | |
Total Stockholder Equity | (4.9M) | (18.4M) | 10.8M | 23.2M | 35.0M | 18.7M | |
Property Plant And Equipment Net | 9.3M | 8.2M | 30.7M | 45.3M | 72.4M | 76.0M | |
Net Debt | 7.8M | 9.5M | 5.8M | (3.9M) | (1.1M) | (1.1M) | |
Retained Earnings | (23.8M) | (40.6M) | (59.2M) | (52.1M) | (64.6M) | (67.8M) | |
Cash | 0.0 | 157.7K | 3.6M | 11.9M | 7.8M | 8.2M | |
Non Current Assets Total | 9.3M | 9.0M | 37.0M | 48.8M | 73.9M | 77.6M | |
Cash And Short Term Investments | 0.0 | 157.7K | 3.6M | 11.9M | 7.8M | 8.2M | |
Common Stock Shares Outstanding | 5.0M | 5.7M | 3.7M | 23.4M | 22.7M | 23.9M | |
Liabilities And Stockholders Equity | 11.0M | 11.2M | 50.1M | 71.5M | 92.6M | 97.2M | |
Other Current Assets | 247.7K | 281.9K | 734.4K | 1.2M | 1.2M | 1.2M | |
Other Stockholder Equity | 18.8M | 22.2M | 69.0M | 75.3M | 99.5M | 85.7M | |
Total Liab | 16.0M | 29.7M | 39.3M | 48.3M | 57.7M | 60.5M | |
Total Current Assets | 1.7M | 2.2M | 13.1M | 22.7M | 18.7M | 19.7M | |
Short Term Debt | 96.7K | 1.5M | 1.9M | 2.6M | 1.5M | 1.5M | |
Common Stock | 20.4K | 24.9K | 79.4K | 81.6K | 85.0K | 80.8K | |
Net Receivables | 982.8K | 1.3M | 7.7M | 7.8M | 8.4M | 8.8M | |
Accounts Payable | 1.0M | 1.9M | 4.3M | 5.8M | 16.4M | 17.3M | |
Non Current Liabilities Total | 13.7M | 23.6M | 27.2M | 30.7M | 32.6M | 34.2M | |
Long Term Debt | 7.7M | 7.7M | 6.9M | 5.1M | 4.6M | 4.6M | |
Long Term Debt Total | 7.7M | 8.3M | 7.6M | 5.1M | 5.9M | 4.7M | |
Capital Surpluse | 18.8M | 22.2M | 70.0M | 75.3M | 86.6M | 90.9M | |
Cash And Equivalents | 0.0 | 157.7K | 3.6M | 11.9M | 13.7M | 14.4M | |
Net Tangible Assets | (150.2K) | (4.9M) | (18.4M) | 10.8M | 12.5M | 13.1M | |
Net Invested Capital | 2.9M | (9.4M) | 19.4M | 30.4M | 40.7M | 42.7M | |
Short Long Term Debt | 96.7K | 1.3M | 1.7M | 2.1M | 1.1M | 1.2M | |
Capital Stock | 20.4K | 24.9K | 79.4K | 81.6K | 85.0K | 56.6K | |
Net Working Capital | (531.2K) | (3.9M) | 1.1M | 5.1M | (6.3M) | (6.0M) | |
Property Plant Equipment | 9.3M | 8.2M | 30.7M | 45.3M | 52.1M | 54.7M |
Additional Tools for Empire Stock Analysis
When running Empire Petroleum's price analysis, check to measure Empire Petroleum'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 Empire Petroleum is operating at the current time. Most of Empire Petroleum's value examination focuses on studying past and present price action to predict the probability of Empire Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Petroleum's price. Additionally, you may evaluate how the addition of Empire Petroleum to your portfolios can decrease your overall portfolio volatility.