State Historical Balance Sheet

GAS Stock   0.04  0  2.50%   
Trend analysis of State Gas balance sheet accounts such as Total Current Liabilities of 4.2 M or Total Stockholder Equity of 34.5 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' Non Current Liabilities Total is comparatively stable compared to the past year. Net Invested Capital is likely to gain to about 51.3 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 4.2 M in 2025.

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.
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' Non Current Liabilities Total is comparatively stable compared to the past year. Net Invested Capital is likely to gain to about 51.3 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 4.2 M in 2025.
 2022 2023 2024 2025 (projected)
Total Stockholder Equity36.6M40.3M36.3M34.5M
Total Current Liabilities1.4M4.9M4.4M4.2M

State Gas balance sheet Correlations

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1.00.991.00.990.060.990.820.820.951.0-0.911.0-0.171.01.01.01.00.971.00.960.060.0-0.08-0.12-0.13
0.060.10.070.0-0.450.00.32-0.320.220.07-0.250.09-0.680.090.060.080.090.180.09-0.180.060.36-0.72-0.65-0.67
0.010.050.04-0.09-0.8-0.110.5-0.320.270.03-0.170.06-0.840.070.010.060.070.20.07-0.190.00.36-0.55-0.76-0.77
-0.08-0.16-0.110.020.80.02-0.510.36-0.34-0.110.33-0.150.87-0.15-0.09-0.13-0.14-0.27-0.140.17-0.08-0.72-0.550.890.9
-0.13-0.2-0.15-0.020.86-0.01-0.610.34-0.42-0.150.36-0.190.92-0.19-0.13-0.17-0.19-0.34-0.190.13-0.12-0.65-0.760.890.93
-0.13-0.21-0.17-0.010.940.0-0.640.35-0.41-0.160.37-0.20.96-0.2-0.15-0.19-0.2-0.34-0.20.14-0.13-0.67-0.770.90.93
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State Gas Account Relationship Matchups

State Gas balance sheet Accounts

202020212022202320242025 (projected)
Total Assets29.5M33.9M40.9M48.3M43.5M41.3M
Other Current Liab207.3K168.5K(1K)101.8K91.6K87.0K
Total Current Liabilities2.6M262.0K1.4M4.9M4.4M4.2M
Total Stockholder Equity25.2M31.3M36.6M40.3M36.3M34.5M
Other Liab915.4K1.8M2.3M2.9M2.6M2.5M
Net Tangible Assets11.7M25.2M31.3M36.6M32.9M31.3M
Retained Earnings(9.2M)(7.9M)(9.0M)(12.7M)(11.4M)(10.8M)
Accounts Payable2.4M93.5K603.3K2.6M2.3M2.7M
Cash3.2M3.2M453.3K31.8K28.6K27.1K
Net Receivables162.2K128.1K65.2K52.4K47.2K44.8K
Common Stock Shares Outstanding165.5M207.1M217.5M314.4M361.6M379.7M
Other Current Assets93.6K428.061.7K111.9K100.7K95.6K
Total Liab4.4M2.6M4.3M8.0M7.2M6.8M
Total Current Assets3.4M3.4M580.3K196.1K176.5K167.6K
Common Stock29.2M36.3M42.9M50.0M45.0M78.9M
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 Net919.4K741.7K39.9M47.7M54.9M57.6M
Net Debt(3.2M)(3.2M)(253.3K)2.1M2.4M2.5M
Non Current Assets Total26.1M30.5M40.3M48.1M55.3M58.1M
Non Currrent Assets Other24.8M29.4M36.1M37.7M43.3M45.5M
Cash And Short Term Investments3.2M3.2M453.3K31.8K28.6K27.1K
Liabilities And Stockholders Equity29.5M33.9M40.9M48.3M55.6M58.3M
Non Current Liabilities Total1.8M2.3M2.9M3.1M3.6M3.7M
Net Invested Capital25.2M31.3M36.8M42.5M48.8M51.3M
Property Plant And Equipment Gross25.8M30.4M40.4M48.4M55.7M58.5M
Accumulated Other Comprehensive Income5.2M2.9M2.7M3.0M3.4M2.5M
Net Working Capital832.3K3.1M(787.6K)(4.7M)(4.2M)(4.0M)
Capital Stock29.2M36.3M42.9M50.0M57.5M34.2M

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