Erhc Energy Inc (ERHE) Financial Statements (2024 and earlier)

Company Profile

Business Address 5444 WESTHEIMER SUITE 1570
HOUSTON, TX 77056
State of Incorp. CO
Fiscal Year End September 30
Industry (SIC) 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2017
Q3
3/31/2017
Q2
12/31/2016
Q1
9/30/2016
Q4
6/30/2016
Q3
3/31/2016
Q2
12/31/2015
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1302584401,3011,657927
Cash and cash equivalents1302584401,3011,254479
Short-term investments     403448
Receivables 615    
Deferred costs     5158
Other undisclosed current assets263030233287199
Total current assets:1623034691,5341,9951,184
Noncurrent Assets
Property, plant and equipment5060708297116
Oil and gas property, successful effort method5,1745,1745,6847,4465,800 
Oil and gas property, full cost method      
Other undisclosed noncurrent assets 173385   5,174
Total noncurrent assets:5,3975,6195,7547,5285,8985,290
TOTAL ASSETS:5,5595,9226,2239,0627,8936,474
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:10,15210,0709,2744,206553222
Taxes payable2,7402,7402,7402,7402,7402,740
Accounts payable      
Other undisclosed accounts payable and accrued liabilities7,4127,3306,5341,466(2,186)(2,518)
Debt10143182212111269
Derivative instruments and hedges, liabilities574683771631476533
Due to related parties 168139100   
Other undisclosed current liabilities2,7402,7402,7402,7402,7402,740
Total current liabilities:13,73513,67513,0667,7883,8803,764
Noncurrent Liabilities
Total liabilities:13,73513,67513,0667,7883,8803,764
Equity
Equity, attributable to parent(8,176)(7,752)(6,843)1,2744,0132,710
Common stock288975443
Additional paid in capital108,547108,371107,437107,327106,798106,156
Accumulated other comprehensive loss     (944)(899)
Accumulated deficit(117,010)(116,221)(114,285)(106,058)(101,845)(102,549)
Total equity:(8,176)(7,752)(6,843)1,2744,0132,710
TOTAL LIABILITIES AND EQUITY:5,5595,9226,2239,0627,8936,474

Income Statement (P&L) ($ in thousands)

6/30/2017
Q3
3/31/2017
Q2
12/31/2016
Q1
9/30/2016
Q4
6/30/2016
Q3
3/31/2016
Q2
12/31/2015
Q1
Revenues
(Revenue, Net)
 1836    
Gross profit: 1836    
Operating expenses(492)(1,222)(8,100)(2,874)1,057(343)
Operating income (loss):(474)(1,186)(8,100)(2,874)1,057(343)
Nonoperating income (expense)(316)(750)(128)(1,339)(352)31
Investment income, nonoperating00  00
Other nonoperating expense    (1,339)  
Interest and debt expense(54)(14)(20) (100)(81)
Other undisclosed income from continuing operations before equity method investments, income taxes 541420 10081
Income (loss) from continuing operations before equity method investments, income taxes:(790)(1,936)(8,227)(4,213)705(311)
Other undisclosed income from continuing operations before income taxes      
Income (loss) from continuing operations:(790)(1,936)(8,227)(4,213)705(311)
Income (loss) before gain (loss) on sale of properties:(790)(1,936)(8,227)(4,213)705(311)
Net income (loss) available to common stockholders, diluted:(790)(1,936)(8,227)(4,213)705(311)

Comprehensive Income ($ in thousands)

6/30/2017
Q3
3/31/2017
Q2
12/31/2016
Q1
9/30/2016
Q4
6/30/2016
Q3
3/31/2016
Q2
12/31/2015
Q1
Net income (loss):(790)(1,936)(8,227)(4,213)705(311)
Comprehensive income (loss):(790)(1,936)(8,227)(4,213)705(311)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    944(45)236
Comprehensive income (loss), net of tax, attributable to parent:(790)(1,936)(8,227)(3,269)660(75)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: