Northern Oil and Gas
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Northern Oil and Gas's balance sheet done over the years? Its assets were worth $4,484,255,000 last year, which is more than in the previous period. 54% of Northern Oil and Gas’s total assets is currently financed by debt. Its liabilities reached the amount of $2,436,579,000, which means an increase by 14% compared compared to last year.
Debt to Assets
| 2014 | 2026746332 | 1.25B | 61.97% |
|---|---|---|---|
| 2015 | 733945448 | 931.54M | 126.92% |
| 2016 | 431532961 | 918.95M | 212.95% |
| 2017 | 632253679 | 1.12B | 177.63% |
| 2018 | 1503645305 | 1.07B | 71.41% |
| 2019 | 1905465000 | 1.34B | 70.68% |
| 2020 | 872089000 | 1.09B | 125.61% |
| 2021 | 1522866000 | 1.30B | 85.87% |
| 2022 | 2875178000 | 2.12B | 74.08% |
| 2023 | 4484255000 | 2.43B | 54.34% |
NOG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 8.19M | 2.52M | 9.51M | 1.42M | 16.06M | 2.35M | 102.18M | 6.48M | 3.39M | 9.33M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.51K | 64.61M | 0 |
Net receivables | 373.78M | 271.67M | 193.55M | 71.01M | 108.48M | 97.55M | 47.63M | 37.24M | 51.44M | 85.93M |
Inventory | 0 | 44.26M | 8.83M | 51.76M | 6.52M | 116.13M | 604.97K | 1.58M | 66.30M | 129.82M |
Other current assets | 127.43M | 2.01M | 3.41M | 1.42M | 1.96M | 12.36M | 2.93M | 1.58M | 67.19M | 130.71M |
Total current assets | 509.40M | 320.48M | 215.32M | 125.62M | 133.03M | 228.41M | 152.75M | 46.89M | 128.81M | 225.98M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 3.93B | 2.48B | 1.25B | 735.20M | 1.74B | 1.20B | 473.21M | 376.20M | 589.32M | 1.76B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 15.74M | 5.86M | 4.51M | 13.25M | 66.94M | 0 | 6.8M | 0 | 0 |
Other non-current assets | 43.28M | 56.02M | 48.33M | 6.74M | 23.62M | 72.06M | 5.49M | 1.63M | 15.81M | 38.83M |
Total non-current assets | 3.97B | 2.55B | 1.30B | 746.46M | 1.77B | 1.27B | 479.49M | 384.63M | 605.13M | 1.80B |
Total assets | 4.48B | 2.87B | 1.52B | 872.08M | 1.90B | 1.50B | 632.25M | 431.53M | 733.94M | 2.02B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | -189K | 77.01M | 0 | -18.18M | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 189K | 65M | 0 | 18.18M | 0 | 0 | 0 | 0 |
Total current liabilities | 385.76M | 344.97M | 327.55M | 182.47M | 203.47M | 231.52M | 123.57M | 77.44M | 78.11M | 285.73M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.83B | 1.52B | 803.43M | 879.84M | 1.11B | 830.20M | 979.32M | 832.62M | 835.29M | 806.05M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 146.77M | 259.53M | 176.73M | 33.07M | 25.18M | 706.77M | 20.19M | 8.88M | 5.62M | 5.68M |
Total non-current liabilities | 2.05B | 1.78B | 980.17M | 912.91M | 1.14B | 842.25M | 999.51M | 841.51M | 853.43M | 970.15M |
Total liabilities | 2.43B | 2.12B | 1.30B | 1.09B | 1.34B | 1.07B | 1.12B | 918.95M | 931.54M | 1.25B |
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