LNGNF (LNG Energy Group) Ending Cash Position: $0.00 Mil (As of Sep. 2024)

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What is LNG Energy Group Ending Cash Position?

LNG Energy Group LNGNF -99.98% Ending Cash Position is $0.00 Mil as of Sep. 2024.

LNG Energy Group's Ending Cash Position for the quarter that ended in Sep. 2024 was $0.00 Mil.

LNG Energy Group's quarterly Ending Cash Position increased from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($1.35 Mil) but then declined from Mar. 2024 ($1.35 Mil) to Sep. 2024 ($0.00 Mil).

LNG Energy Group's annual Ending Cash Position increased from . 20 ($0.00 Mil) to May. 2022 ($6.88 Mil) but then declined from May. 2022 ($6.88 Mil) to May. 2023 ($4.90 Mil).

LNG Energy Group Ending Cash Position Related Terms

LNG Energy Group Ending Cash Position Historical Data

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The historical data trend for LNG Energy Group's Ending Cash Position 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.

LNG Energy Group Ending Cash Position Chart

LNG Energy Group Annual Data
Trend May22 May23
Ending Cash Position
6.88 4.90

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Ending Cash Position Get a 7-Day Free Trial 0.09 0.18 0.00 1.35 0.00

LNG Energy Group Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

LNG Energy Group's Ending Cash Position for the fiscal year that ended in May. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=6.405+-1.505
=4.90

LNG Energy Group's Ending Cash Position for the quarter that ended in Sep. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0+0
=0.00

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.00 Mil mean?
LNG Energy Group (LNGNF) has a Ending Cash Position of $0.00 Mil as of Sep. 2024. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on LNG Energy Group and its competitors.
Is LNG Energy Group's Ending Cash Position too high?
LNG Energy Group's current Ending Cash Position is $0.00 Mil.
How does LNG Energy Group's Ending Cash Position compare to ALTX and CRCE?
LNG Energy Group's Ending Cash Position of $0.00 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for an Oil & Gas company?
A good Ending Cash Position depends on the Oil & Gas industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on LNG Energy Group and its competitors. LNG Energy Group's current Ending Cash Position is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (LNGNF) has a current Ending Cash Position of $0.00 Mil. The current Ending Cash Position is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For LNG Energy Group (LNGNF), the current Ending Cash Position is $0.00 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
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.