Golar Lng (GLNG) Beginning Cash Balance (2009 - 2017)
Golar Lng's Beginning Cash Balance came in at $286.56 million for the quarter ended Dec 31, 2017, up 107.8% from $137.9 million a year earlier but down 16.5% from the prior quarter.
Golar Lng (GLNG) Beginning Cash Balance (2009 - 2017) Analysis & Trends
For the year ended Dec 31, 2017, Golar Lng's Beginning Cash Balance was $224.19 million, up 113.0% from the prior year.
- Beginning Cash Balance carries a five-year compound annual growth rate of 27.4% (years ended Dec 2012 to Dec 2017).
- Going back by year, Beginning Cash Balance was $105.24 million in the year ended Dec 31, 2016 (-45.0%), $191.41 million in the year ended Dec 31, 2015 (+52.7%), $125.35 million in the year ended Dec 31, 2014 (-70.5%) and $424.71 million in the year ended Dec 31, 2013 (+534.7%).
- The five-year range for quarterly Beginning Cash Balance is $56.05 million (the quarter ended Dec 31, 2013) to $484.68 million (the quarter ended Sep 30, 2014).
- Year-over-year, Beginning Cash Balance has increased for four consecutive quarters, with growth averaging 100.2% over the last eight quarters.
- The fastest year-over-year change in Beginning Cash Balance over five years came in the quarter ended Dec 31, 2014 (growth of 595.8%), and the weakest in the quarter ended Sep 30, 2016 (a decline of 82.7%).
- Business Quant data shows GLNG's Beginning Cash Balance at $343.23 million (quarter ended Sep 30, 2017), $456.71 million (quarter ended Jun 30, 2017) and $224.19 million (quarter ended Mar 31, 2017) in the three quarters before the quarter ended Dec 31, 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | Golar Lng | 4.81 Bn | 1.07 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2017 | 286.56 Mn |
| Sep 30, 2017 | 343.23 Mn |
| Jun 30, 2017 | 456.71 Mn |
| Mar 31, 2017 | 224.19 Mn |
| Dec 31, 2016 | 137.90 Mn |
| Sep 30, 2016 | 64.72 Mn |
| Jun 30, 2016 | 92.92 Mn |
| Mar 31, 2016 | 105.24 Mn |
| Dec 31, 2015 | 222.84 Mn |
| Sep 30, 2015 | 374.83 Mn |
| Jun 30, 2015 | 376.09 Mn |
| Mar 31, 2015 | 191.41 Mn |
| Dec 31, 2014 | 390.00 Mn |
| Sep 30, 2014 | 484.68 Mn |
| Jun 30, 2014 | 158.58 Mn |
| Mar 31, 2014 | 125.35 Mn |
| Dec 31, 2013 | 56.05 Mn |
| Sep 30, 2013 | 191.46 Mn |
| Jun 30, 2013 | 373.97 Mn |
| Mar 31, 2013 | 424.71 Mn |
Golar Lng Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=GLNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "GLNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=GLNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();