88E Historical Balance Sheet
88E Stock | 0.1 0 2.70% |
Trend analysis of 88 Energy balance sheet accounts such as Other Current Liab of 341.2 K, Total Current Liabilities of 798 K or Total Stockholder Equity of 163.5 M provides information on 88 Energy's total assets, liabilities, and equity, which is the actual value of 88 Energy to its prevalent stockholders. By breaking down trends over time using 88 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.
Financial Statement Analysis is much more than just reviewing and examining 88 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 88 Energy is a good buy for the upcoming year.
88E |
About 88E Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of 88 Energy at a specified time, usually calculated after every quarter, six months, or one year. 88 Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 88 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 88E currently owns. An asset can also be divided into two categories, current and non-current.
88 Energy Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of 88 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 88 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 88 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 88 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.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most accounts from 88 Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into 88 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in 88 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 bureau of economic analysis. At present, 88 Energy's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 116.2 M, whereas Total Current Liabilities is forecasted to decline to about 798 K.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 4.8M | 355.9K | 359.2K | 341.2K | Total Assets | 145.8M | 133.0M | 156.5M | 164.4M |
88 Energy balance sheet Correlations
Click cells to compare fundamentals
88 Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
88 Energy balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 93.6M | 85.4M | 145.8M | 133.0M | 156.5M | 164.4M | |
Other Current Liab | 5.3M | 5.1M | 4.8M | 355.9K | 359.2K | 341.2K | |
Total Current Liabilities | 6.3M | 5.7M | 5.9M | 1.3M | 840.0K | 798.0K | |
Total Stockholder Equity | 64.6M | 58.9M | 139.8M | 131.7M | 155.7M | 163.5M | |
Property Plant And Equipment Net | 52.9M | 48.2M | 101.4M | 96.4M | 110.7M | 116.2M | |
Net Debt | 6.8M | 5.9M | (32.3M) | (14.1M) | (18.2M) | (17.3M) | |
Retained Earnings | (144.6M) | (166.6M) | (169.0M) | (239.8M) | (254.2M) | (241.5M) | |
Accounts Payable | 1.0M | 590.4K | 1.1M | 993.9K | 480.9K | 598.3K | |
Cash | 15.9M | 14.8M | 32.3M | 14.1M | 18.2M | 14.4M | |
Non Current Assets Total | 76.6M | 65.4M | 102.3M | 117.4M | 134.4M | 141.1M | |
Non Currrent Assets Other | 23.2M | 16.8M | 523.1K | 497.6K | 439.6K | 417.6K | |
Other Assets | 23.1M | (1.0) | 413.5K | 442.8K | 509.2K | 483.8K | |
Cash And Short Term Investments | 15.9M | 14.8M | 32.3M | 14.1M | 18.2M | 14.4M | |
Common Stock Total Equity | 141.7M | 179.3M | 185.6M | 209.0M | 240.3M | 252.3M | |
Common Stock Shares Outstanding | 6.3B | 8.2B | 13.1B | 16.8B | 22.6B | 23.8B | |
Liabilities And Stockholders Equity | 93.6M | 85.4M | 145.8M | 133.0M | 156.5M | 164.4M | |
Non Current Liabilities Total | 22.7M | 20.8M | 1.1M | 993.9K | (41.0) | (38.95) | |
Other Current Assets | 1.1M | 5.1M | 11.2M | 1.5M | 4.0M | 2.1M | |
Total Liab | 29.0M | 26.4M | 5.9M | 1.3M | 840.0K | 798.0K | |
Property Plant And Equipment Gross | 53.0M | 48.4M | 320.1K | 20.3K | 306.3K | 291.0K | |
Total Current Assets | 17.0M | 19.9M | 43.5M | 15.7M | 22.2M | 16.5M | |
Accumulated Other Comprehensive Income | 23.6M | 16.6M | 23.1M | 30.5M | 30.0M | 31.5M | |
Common Stock | 185.6M | 209.0M | 285.8M | 341.0M | 379.9M | 398.9M | |
Net Tangible Assets | 64.6M | 58.9M | 139.8M | 131.7M | 151.4M | 159.0M | |
Net Receivables | 49.7K | 5.1M | 935.9K | 1.5M | 1.8M | 1.9M | |
Property Plant Equipment | 53.0M | 48.4M | 101.5M | 96.5M | 111.0M | 116.5M | |
Short Long Term Debt Total | 21.2M | 23.4M | 22.7M | 20.8M | 23.9M | 22.3M | |
Net Invested Capital | 87.3M | 79.7M | 139.8M | 131.7M | 155.7M | 123.9M | |
Net Working Capital | 10.7M | 14.3M | 37.5M | 14.3M | 21.3M | 16.4M | |
Capital Stock | 185.6M | 209.0M | 285.8M | 341.0M | 379.9M | 289.8M |
Also Currently Popular
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.Other Information on Investing in 88E Stock
Balance Sheet is a snapshot of the financial position of 88 Energy at a specified time, usually calculated after every quarter, six months, or one year. 88 Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 88 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 88E currently owns. An asset can also be divided into two categories, current and non-current.