LNG Energy Group (TSXV:LNGE) Change In Working Capital : C$0.29 Mil (TTM As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is LNG Energy Group Change In Working Capital?

LNG Energy Group's change in working capital for the quarter that ended in Sep. 2024 was C$0.00 Mil.

LNG Energy Group's change in working capital for the fiscal year that ended in May. 2023 was C$-1.55 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

LNG Energy Group Change In Working Capital Historical Data

The historical data trend for LNG Energy Group's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LNG Energy Group Change In Working Capital Chart

LNG Energy Group Annual Data

Trend

May22

May23

Change In Working Capital

0.06

-1.55

LNG Energy Group Quarterly Data
	May22	Aug22	Dec22	Mar23	Jul23	Dec23	Mar24	Sep24
Change In Working Capital	Get a 7-Day Free Trial			0.88	-0.30	-	0.58	-

LNG Energy Group Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.29 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows	Fiscal Years Ended	January 31,	(Amounts in millions)
Cash flows from operating activities:	2014	2013	2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net	(566)	(614)	(796)
Inventories	(1,667)	(2,759)	(3,727)
Accounts payable	531	1,061	2,687
Accrued liabilities	103	271	(935)
Accrued income taxes	(1,224)	981	994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

LNG Energy Group Change In Working Capital Related Terms

Thank you for viewing the detailed overview of LNG Energy Group's Change In Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.

LNG Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » LNG Energy Group Corp (TSXV:LNGE) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

E26:Germany

Address

40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4

Website

https://www.lngenergygroup.com

LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.

Executives

Michael Galego	Director, Senior Officer
Pablo Navarro	Director, Senior Officer

LNG Energy Group Headlines

No Headlines