State Historical Balance Sheet

GAS Stock   0.05  0  2.08%   
Trend analysis of State Gas balance sheet accounts such as Total Current Liabilities of 4.7 M or Total Stockholder Equity of 77.2 M provides information on State Gas' total assets, liabilities, and equity, which is the actual value of State Gas to its prevalent stockholders. By breaking down trends over time using State Gas 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 State Gas 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 State Gas is a good buy for the upcoming year.

State Gas Inventory

(10,195.87)

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in State Gas. 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.

About State Balance Sheet Analysis

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

State Gas Balance Sheet Chart

At this time, State Gas' Total Stockholder Equity is comparatively stable compared to the past year. Accounts Payable is likely to gain to about 2.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 4.7 M in 2024.

Total Assets

Total assets refers to the total amount of State Gas 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 State Gas 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 State Gas balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of State Gas 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.

Long Term Debt

Long-term debt is a debt that State Gas has held for over one year. Long-term debt appears on State Gas 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 State Gas 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 State Gas' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into State Gas 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 State Gas. 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, State Gas' Total Stockholder Equity is comparatively stable compared to the past year. Accounts Payable is likely to gain to about 2.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 4.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity31.3M36.6M40.3M77.2M
Total Current Liabilities262.0K1.4M4.9M4.7M

State Gas balance sheet Correlations

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0.970.960.970.250.990.720.920.880.97-0.850.960.010.960.970.960.960.920.961.00.97-0.15-0.130.110.060.07
0.080.010.040.250.2-0.450.41-0.180.050.160.020.860.010.050.030.01-0.110.010.320.08-0.54-0.790.770.830.95
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0.840.870.850.72-0.450.760.480.950.85-0.90.87-0.660.870.840.860.870.930.870.670.830.40.47-0.48-0.59-0.64
0.850.820.840.920.410.880.480.710.84-0.630.820.230.820.850.830.820.750.820.930.85-0.36-0.290.30.280.29
0.960.970.970.88-0.180.920.950.710.97-0.940.97-0.420.970.960.970.971.00.970.850.960.240.24-0.3-0.39-0.39
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-0.91-0.92-0.91-0.850.16-0.88-0.9-0.63-0.94-0.92-0.920.42-0.92-0.91-0.92-0.92-0.94-0.92-0.82-0.91-0.26-0.170.340.380.38
1.01.01.00.960.020.980.870.820.971.0-0.92-0.241.01.01.01.00.991.00.941.00.10.05-0.13-0.18-0.19
-0.18-0.23-0.210.010.86-0.07-0.660.23-0.42-0.210.42-0.24-0.24-0.19-0.23-0.24-0.36-0.240.08-0.18-0.72-0.860.810.890.95
1.01.01.00.960.010.980.870.820.971.0-0.921.0-0.241.01.01.00.991.00.941.00.10.05-0.13-0.18-0.2
1.01.01.00.970.050.990.840.850.961.0-0.911.0-0.191.01.01.00.981.00.951.00.050.0-0.08-0.13-0.15
1.01.01.00.960.030.980.860.830.971.0-0.921.0-0.231.01.01.00.991.00.951.00.090.04-0.12-0.17-0.18
1.01.01.00.960.010.980.870.820.971.0-0.921.0-0.241.01.01.00.991.00.941.00.090.05-0.13-0.18-0.2
0.980.990.980.92-0.110.950.930.751.00.98-0.940.99-0.360.990.980.990.990.990.890.980.190.17-0.25-0.32-0.32
1.01.01.00.960.010.980.870.820.971.0-0.921.0-0.241.01.01.01.00.990.941.00.090.05-0.13-0.18-0.2
0.960.940.951.00.320.980.670.930.850.95-0.820.940.080.940.950.950.940.890.940.96-0.19-0.190.170.120.13
1.01.01.00.970.080.990.830.850.961.0-0.911.0-0.181.01.01.01.00.981.00.960.060.0-0.08-0.12-0.13
0.050.10.07-0.15-0.540.00.4-0.360.240.08-0.260.1-0.720.10.050.090.090.190.09-0.190.060.4-0.8-0.75-0.71
0.00.030.03-0.13-0.79-0.110.47-0.290.240.02-0.170.05-0.860.050.00.040.050.170.05-0.190.00.4-0.51-0.76-0.77
-0.07-0.14-0.10.110.770.01-0.480.3-0.3-0.10.34-0.130.81-0.13-0.08-0.12-0.13-0.25-0.130.17-0.08-0.8-0.510.860.86
-0.12-0.19-0.150.060.83-0.02-0.590.28-0.39-0.150.38-0.180.89-0.18-0.13-0.17-0.18-0.32-0.180.12-0.12-0.75-0.760.860.91
-0.13-0.2-0.170.070.95-0.01-0.640.29-0.39-0.160.38-0.190.95-0.2-0.15-0.18-0.2-0.32-0.20.13-0.13-0.71-0.770.860.91
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State Gas Account Relationship Matchups

State Gas balance sheet Accounts

201920202021202220232024 (projected)
Total Assets12.9M29.5M33.9M40.9M48.3M45.9M
Other Current Liab171.2K207.3K168.5K(1K)101.8K96.7K
Total Current Liabilities258.4K2.6M262.0K1.4M4.9M4.7M
Total Stockholder Equity11.7M25.2M31.3M36.6M40.3M77.2M
Other Liab915.4K1.8M2.3M2.9M2.6M2.5M
Net Tangible Assets11.7M25.2M31.3M36.6M32.9M31.3M
Retained Earnings(6.2M)(9.2M)(7.9M)(9.0M)(12.7M)(12.0M)
Accounts Payable87.1K2.4M93.5K603.3K2.6M2.7M
Cash875.0K3.2M3.2M453.3K31.8K30.2K
Net Receivables49.8K162.2K128.1K65.2K52.4K49.8K
Common Stock Shares Outstanding145.0M165.5M207.1M217.5M314.4M330.1M
Other Current Assets65.6K93.6K428.061.7K111.9K106.3K
Total Liab1.2M4.4M2.6M4.3M8.0M7.6M
Total Current Assets990.4K3.4M3.4M580.3K196.1K186.3K
Common Stock14.8M29.2M36.3M42.9M50.0M78.9M
Property Plant Equipment11.8M25.7M30.1M39.9M35.9M34.1M
Other Stockholder Equity(8.6K)1.0(28.4K)(33.9K)(30.5K)(29.0K)
Property Plant And Equipment Net617.0919.4K741.7K39.9M47.7M50.1M
Net Debt(875.0K)(3.2M)(3.2M)(253.3K)2.1M2.2M
Non Current Assets Total11.9M26.1M30.5M40.3M48.1M50.5M
Non Currrent Assets Other11.8M24.8M29.4M36.1M37.7M20.7M
Cash And Short Term Investments875.0K3.2M3.2M453.3K31.8K30.2K
Liabilities And Stockholders Equity12.9M29.5M33.9M40.9M48.3M26.5M
Non Current Liabilities Total915.4K1.8M2.3M2.9M3.1M1.7M
Net Invested Capital11.7M25.2M31.3M36.8M42.5M23.6M
Property Plant And Equipment Gross11.8M25.8M30.4M40.4M48.4M50.9M
Accumulated Other Comprehensive Income3.1M5.2M2.9M2.7M3.0M2.5M
Net Working Capital732.0K832.3K3.1M(787.6K)(4.7M)(4.5M)
Capital Stock14.8M29.2M36.3M42.9M50.0M34.2M

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Additional Tools for State Stock Analysis

When running State Gas' price analysis, check to measure State Gas' 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 State Gas is operating at the current time. Most of State Gas' value examination focuses on studying past and present price action to predict the probability of State Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Gas' price. Additionally, you may evaluate how the addition of State Gas to your portfolios can decrease your overall portfolio volatility.