Empire Historical Balance Sheet

EP Stock  USD 6.45  0.21  3.37%   
Trend analysis of Empire Petroleum Corp balance sheet accounts such as Other Current Liabilities of 4.1 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.
 
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Yuan Drop
 
Covid
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.

Empire Petroleum Inventory

975,909

  
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.

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

At this time, Empire Petroleum's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 06/06/2024, Liabilities And Stockholders Equity is likely to grow to about 97.2 M, though Net Debt is likely to grow to (1.1 M).

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 06/06/2024, 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 Total9.4M8.0M6.7M9.7M
Total Assets50.1M71.5M92.6M97.2M

Empire Petroleum balance sheet Correlations

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Empire Petroleum Account Relationship Matchups

Empire Petroleum balance sheet Accounts

201920202021202220232024 (projected)
Total Assets11.0M11.2M50.1M71.5M92.6M97.2M
Short Long Term Debt Total7.8M9.6M9.4M8.0M6.7M9.7M
Other Current Liab11.9K45.7K5.8M9.5M7.1M4.1M
Total Current Liabilities2.2M6.1M12.1M17.6M25.0M26.3M
Total Stockholder Equity(4.9M)(18.4M)10.8M23.2M35.0M18.7M
Property Plant And Equipment Net9.3M8.2M30.7M45.3M72.4M76.0M
Net Debt7.8M9.5M5.8M(3.9M)(1.1M)(1.1M)
Retained Earnings(23.8M)(40.6M)(59.2M)(52.1M)(64.6M)(67.8M)
Cash0.0157.7K3.6M11.9M7.8M8.2M
Non Current Assets Total9.3M9.0M37.0M48.8M73.9M77.6M
Cash And Short Term Investments0.0157.7K3.6M11.9M7.8M8.2M
Common Stock Shares Outstanding5.0M5.7M3.7M23.4M22.7M23.9M
Liabilities And Stockholders Equity11.0M11.2M50.1M71.5M92.6M97.2M
Other Current Assets247.7K281.9K734.4K1.2M1.2M1.2M
Other Stockholder Equity18.8M22.2M70.0M75.3M99.5M85.7M
Total Liab16.0M29.7M39.3M48.3M57.7M60.5M
Total Current Assets1.7M2.2M13.1M22.7M18.7M19.7M
Short Term Debt96.7K1.4M1.9M2.3M1.5M1.5M
Common Stock20.4K24.9K79.4K81.6K85.0K80.8K
Net Receivables982.8K1.3M7.7M7.8M8.4M8.8M
Accounts Payable1.0M1.9M4.3M5.8M16.4M17.3M
Non Current Liabilities Total13.7M23.6M27.2M30.7M32.6M34.2M
Long Term Debt7.7M7.7M6.9M5.1M4.6M4.6M
Long Term Debt Total7.7M8.3M7.6M5.1M5.9M4.7M
Capital Surpluse18.8M22.2M70.0M75.3M86.6M90.9M
Cash And Equivalents0.0157.7K3.6M11.9M13.7M14.4M
Net Tangible Assets(150.2K)(4.9M)(18.4M)10.8M12.5M13.1M
Net Invested Capital2.9M(9.4M)19.4M30.4M40.7M42.7M
Short Long Term Debt96.7K1.3M1.7M2.1M1.1M1.2M
Capital Stock20.4K24.9K79.4K81.6K85.0K56.6K
Net Working Capital(531.2K)(3.9M)1.1M5.1M(6.3M)(6.0M)
Property Plant Equipment9.3M8.2M30.7M45.3M52.1M54.7M

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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.