Surge Historical Balance Sheet

SGY Stock

CAD 5.70 0.01 0.18%

Trend analysis of Surge Energy balance sheet accounts such as Accounts Payable of 89.7 M, Non Current Assets Total of 1.5 B, Non Currrent Assets Other of 70.4 M or Net Receivables of 23.9 M provides information on Surge Energy's total assets, liabilities, and equity, which is the actual value of Surge Energy to its prevalent stockholders. By breaking down trends over time using Surge Energy 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.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Surge Energy 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 Surge Energy is a good buy for the upcoming year.

Surge Energy Inventory

27.56 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surge Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Surge Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Surge Energy at a specified time, usually calculated after every quarter, six months, or one year. Surge Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Surge Energy 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 Surge currently owns. An asset can also be divided into two categories, current and non-current.

Surge Energy Balance Sheet Chart

At this time, Surge Energy's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 30th of November 2024, Total Current Assets is likely to grow to about 66.6 M, while Total Current Liabilities is likely to drop about 72.4 M.

Total Assets Total Current Liabilities Retained Earnings Common Stock Shares Outstanding Property Plant Equipment

Add Fundamental

Total Assets

Total assets refers to the total amount of Surge Energy 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 Surge Energy 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 Surge Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Surge Energy 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most accounts from Surge Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Surge Energy 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Surge Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	180.0M	141.4M	122.1M	72.4M
Total Assets	1.3B	1.6B	1.5B	1.6B

Total Current Liabilities Total Assets

Surge Energy balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Short Term Debt	Current Deferred Revenue	Good Will	Common Stock Total Equity	Common Stock
Total Assets		0.08	0.89	0.7	-0.31	0.62	-0.31	1.0	0.21	-0.12	0.74	0.51	0.64	0.73	0.84	0.73	0.51	0.92	0.83	0.46	0.72	-0.39	0.6	-0.27	0.72	0.72
Total Current Liabilities	0.08		-0.32	0.51	-0.76	0.44	-0.5	0.07	-0.54	-0.46	0.39	0.33	0.45	0.59	0.24	0.47	0.57	0.1	0.31	0.01	0.22	0.34	0.14	0.02	0.46	0.47
Total Stockholder Equity	0.89	-0.32		0.34	0.03	0.42	0.04	0.89	0.37	0.12	0.54	0.37	0.43	0.37	0.66	0.39	0.31	0.8	0.55	0.42	0.6	-0.48	0.53	-0.27	0.49	0.49
Net Debt	0.7	0.51	0.34		-0.49	0.43	-0.61	0.69	0.02	-0.27	0.72	0.22	0.59	0.97	0.67	0.99	0.47	0.77	0.95	0.11	0.35	-0.09	0.44	0.16	0.65	0.62
Retained Earnings	-0.31	-0.76	0.03	-0.49		-0.48	0.78	-0.31	0.33	0.87	-0.36	-0.7	-0.8	-0.58	-0.26	-0.44	-0.38	-0.21	-0.4	-0.36	-0.54	0.22	-0.16	0.29	-0.81	-0.83
Accounts Payable	0.62	0.44	0.42	0.43	-0.48		-0.35	0.61	-0.24	-0.24	0.71	0.78	0.5	0.54	0.73	0.43	0.54	0.45	0.48	0.47	0.87	0.01	0.41	-0.5	0.48	0.58
Cash	-0.31	-0.5	0.04	-0.61	0.78	-0.35		-0.32	-0.08	0.75	-0.21	-0.51	-0.67	-0.62	-0.14	-0.57	-0.1	-0.27	-0.54	-0.29	-0.41	0.19	-0.12	0.18	-0.64	-0.65
Non Current Assets Total	1.0	0.07	0.89	0.69	-0.31	0.61	-0.32		0.23	-0.13	0.73	0.51	0.65	0.72	0.82	0.73	0.5	0.92	0.82	0.46	0.72	-0.4	0.6	-0.27	0.72	0.72
Non Currrent Assets Other	0.21	-0.54	0.37	0.02	0.33	-0.24	-0.08	0.23		0.29	-0.32	-0.11	0.02	-0.07	-0.11	0.08	-0.47	0.21	0.11	0.27	-0.09	-0.24	0.01	-0.05	-0.04	-0.09
Cash And Short Term Investments	-0.12	-0.46	0.12	-0.27	0.87	-0.24	0.75	-0.13	0.29		-0.16	-0.65	-0.66	-0.33	-0.05	-0.2	-0.08	-0.02	-0.21	-0.26	-0.43	0.45	0.14	0.29	-0.69	-0.72
Net Receivables	0.74	0.39	0.54	0.72	-0.36	0.71	-0.21	0.73	-0.32	-0.16		0.42	0.55	0.8	0.85	0.71	0.64	0.79	0.79	0.1	0.62	-0.15	0.49	0.06	0.59	0.63
Common Stock Shares Outstanding	0.51	0.33	0.37	0.22	-0.7	0.78	-0.51	0.51	-0.11	-0.65	0.42		0.66	0.34	0.49	0.22	0.31	0.26	0.28	0.7	0.91	-0.38	0.09	-0.74	0.67	0.76
Other Stockholder Equity	0.64	0.45	0.43	0.59	-0.8	0.5	-0.67	0.65	0.02	-0.66	0.55	0.66		0.7	0.41	0.58	0.33	0.64	0.65	0.46	0.63	-0.4	0.46	-0.16	0.94	0.94
Total Liab	0.73	0.59	0.37	0.97	-0.58	0.54	-0.62	0.72	-0.07	-0.33	0.8	0.34	0.7		0.7	0.97	0.57	0.81	0.95	0.15	0.47	-0.1	0.49	0.12	0.74	0.72
Total Current Assets	0.84	0.24	0.66	0.67	-0.26	0.73	-0.14	0.82	-0.11	-0.05	0.85	0.49	0.41	0.7		0.7	0.57	0.74	0.73	0.4	0.68	-0.25	0.42	-0.28	0.54	0.56
Short Long Term Debt Total	0.73	0.47	0.39	0.99	-0.44	0.43	-0.57	0.73	0.08	-0.2	0.71	0.22	0.58	0.97	0.7		0.48	0.8	0.96	0.15	0.36	-0.1	0.46	0.13	0.64	0.61
Other Current Liab	0.51	0.57	0.31	0.47	-0.38	0.54	-0.1	0.5	-0.47	-0.08	0.64	0.31	0.33	0.57	0.57	0.48		0.49	0.46	0.0	0.51	0.1	0.31	-0.08	0.47	0.49
Property Plant And Equipment Net	0.92	0.1	0.8	0.77	-0.21	0.45	-0.27	0.92	0.21	-0.02	0.79	0.26	0.64	0.81	0.74	0.8	0.49		0.91	0.2	0.51	-0.32	0.62	0.1	0.67	0.65
Non Current Liabilities Total	0.83	0.31	0.55	0.95	-0.4	0.48	-0.54	0.82	0.11	-0.21	0.79	0.28	0.65	0.95	0.73	0.96	0.46	0.91		0.19	0.48	-0.24	0.52	0.12	0.69	0.67
Other Current Assets	0.46	0.01	0.42	0.11	-0.36	0.47	-0.29	0.46	0.27	-0.26	0.1	0.7	0.46	0.15	0.4	0.15	0.0	0.2	0.19		0.63	-0.27	0.21	-0.81	0.45	0.45
Property Plant And Equipment Gross	0.72	0.22	0.6	0.35	-0.54	0.87	-0.41	0.72	-0.09	-0.43	0.62	0.91	0.63	0.47	0.68	0.36	0.51	0.51	0.48	0.63		-0.39	0.27	-0.65	0.66	0.75
Short Term Debt	-0.39	0.34	-0.48	-0.09	0.22	0.01	0.19	-0.4	-0.24	0.45	-0.15	-0.38	-0.4	-0.1	-0.25	-0.1	0.1	-0.32	-0.24	-0.27	-0.39		0.17	0.22	-0.52	-0.52
Current Deferred Revenue	0.6	0.14	0.53	0.44	-0.16	0.41	-0.12	0.6	0.01	0.14	0.49	0.09	0.46	0.49	0.42	0.46	0.31	0.62	0.52	0.21	0.27	0.17		0.06	0.37	0.33
Good Will	-0.27	0.02	-0.27	0.16	0.29	-0.5	0.18	-0.27	-0.05	0.29	0.06	-0.74	-0.16	0.12	-0.28	0.13	-0.08	0.1	0.12	-0.81	-0.65	0.22	0.06		-0.24	-0.28
Common Stock Total Equity	0.72	0.46	0.49	0.65	-0.81	0.48	-0.64	0.72	-0.04	-0.69	0.59	0.67	0.94	0.74	0.54	0.64	0.47	0.67	0.69	0.45	0.66	-0.52	0.37	-0.24		0.99
Common Stock	0.72	0.47	0.49	0.62	-0.83	0.58	-0.65	0.72	-0.09	-0.72	0.63	0.76	0.94	0.72	0.56	0.61	0.49	0.65	0.67	0.45	0.75	-0.52	0.33	-0.28	0.99

Click cells to compare fundamentals

Surge Energy Account Relationship Matchups

Surge Energy balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	708.0M	1.3B	1.6B	1.5B	1.6B
Total Current Liabilities	60.3M	343.9M	180.0M	141.4M	122.1M	72.4M
Total Stockholder Equity	671.3M	(66.2M)	513.4M	838.3M	844.0M	886.2M
Net Debt	478.5M	446.4M	368.1M	376.7M	282.2M	183.2M
Retained Earnings	(853.7M)	(1.6B)	(1.2B)	(988.8M)	(1.0B)	(969.5M)
Accounts Payable	40.8M	51.3M	84.3M	93.4M	85.4M	89.7M
Non Current Assets Total	1.4B	672.9M	1.2B	1.5B	1.4B	1.5B
Non Currrent Assets Other	191K	(672.9M)	(1.2B)	660K	67.1M	70.4M
Cash And Short Term Investments	(46.7M)	(40.8M)	(31.1M)	(28.8M)	(25.9M)	(24.6M)
Net Receivables	41.5M	29.8M	55.7M	60.6M	46.8M	23.9M
Common Stock Shares Outstanding	37.3M	39.5M	56.0M	87.0M	101.0M	106.1M
Liabilities And Stockholders Equity	1.4B	708.0M	1.3B	1.6B	1.5B	1.6B
Other Stockholder Equity	52.2M	52.1M	52.1M	59.0M	67.5M	38.6M
Total Liab	754.5M	774.2M	762.1M	711.8M	636.8M	341.4M
Total Current Assets	47.4M	35.0M	58.9M	65.1M	63.4M	66.6M
Short Long Term Debt Total	431.8M	405.6M	337.1M	347.9M	282.2M	192.2M
Other Current Liab	2.7M	22.9M	34.3M	16.8M	16.3M	16.8M
Property Plant And Equipment Net	1.3B	672.9M	1.2B	1.4B	1.4B	714.6M
Non Current Liabilities Total	694.2M	430.3M	582.0M	570.3M	514.7M	279.8M
Other Current Assets	5.9M	5.3M	3.2M	4.5M	16.7M	17.5M
Property Plant And Equipment Gross	1.5B	1.3B	672.9M	2.8B	3.2B	3.4B
Accumulated Other Comprehensive Income	(872.9M)	(1.1B)	6.3M	2.7M	6.4M	6.7M
Short Term Debt	8.1M	269.7M	61.4M	31.3M	20.4M	19.4M
Common Stock Total Equity	1.3B	1.4B	1.5B	1.5B	1.7B	1.3B
Common Stock	1.5B	1.5B	1.7B	1.8B	1.8B	1.5B
Other Liab	270.5M	294.4M	298.7M	253.7M	291.7M	240.8M
Net Tangible Assets	671.3M	(66.2M)	513.4M	838.3M	754.5M	567.1M
Long Term Debt	385.1M	103.9M	260.0M	294.3M	264.8M	231.2M
Property Plant Equipment	1.3B	672.9M	1.2B	1.4B	1.3B	1.0B
Other Assets	2.9M	42.6M	0.0	77.1M	88.6M	93.0M
Long Term Debt Total	423.7M	135.9M	283.4M	316.7M	364.2M	297.3M
Capital Surpluse	52.2M	52.1M	52.1M	59.0M	67.8M	53.6M
Inventory	46.7M	40.8M	31.1M	28.8M	33.1M	27.6M
Net Invested Capital	1.1B	298.6M	819.4M	1.2B	1.0B	751.3M
Net Working Capital	(12.9M)	(308.8M)	(121.1M)	(76.3M)	(68.7M)	(72.1M)

Pair Trading with Surge Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Surge Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Surge Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Surge Stock

0.48	ENS	E Split Corp	Pair Corr
0.48	ENS-PA	E Split Corp	Pair Corr
0.35	ENB-PFV	Enbridge Pref 5	Pair Corr

The ability to find closely correlated positions to Surge Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Surge Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Surge Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Surge Energy to buy it.

The correlation of Surge Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Surge Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Surge Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Surge Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Surge Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Surge Historical Balance Sheet

Surge Energy Inventory

27.56 Million

About Surge Balance Sheet Analysis

Surge Energy Balance Sheet Chart

Total Assets

Total Current Liabilities

Retained Earnings

Common Stock Shares Outstanding

Surge Energy balance sheet Correlations

Surge Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Surge Energy balance sheet Accounts

Pair Trading with Surge Energy

Moving against Surge Stock

Other Information on Investing in Surge Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Short Long Term Debt Total	+ 0.99	Net Debt
Common Stock	+ 0.99	Common Stock Total Equity
Total Liab	+ 0.97	Net Debt
Short Long Term Debt Total	+ 0.97	Total Liab
Non Current Liabilities Total	+ 0.96	Short Long Term Debt Total

Common Stock	- 0.83	Retained Earnings
Good Will	- 0.81	Other Current Assets
Common Stock Total Equity	- 0.81	Retained Earnings
Other Stockholder Equity	- 0.8	Retained Earnings
Retained Earnings	- 0.76	Total Current Liabilities
Good Will	- 0.74	Common Stock Shares Outstanding