Apache (APA) Financials

The income statement of Apache Corp (APA) provides a detailed breakdown of the company's financial performance. It shows the company's revenue, expenses, and net income over a specific period. In recent years, Apache Corp has reported fluctuating revenue and net income figures. For example, in 2018, the company's total revenue was $6.39 billion, while its net income from stockholders was $456 million. However, in 2019, the company experienced a decline in revenue, with a total of $6.06 billion, and a decrease in net income from stockholders to $323 million.

Earnings before interest and taxes (EBIT) is an important financial metric for Apache Corp. It measures the company's profitability before accounting for interest and taxes. In 2018, Apache Corp reported EBIT of $1.37 billion, which represents its operating earnings. EBITDA, on the other hand, stands for earnings before interest, taxes, depreciation, and amortization. It provides a clearer picture of the company's cash flow generation. In 2018, Apache Corp's EBITDA was $2.88 billion, indicating its ability to generate cash from operations.

Gross profit is another key figure in Apache Corp's financials. It shows the company's profit after deducting the cost of goods sold. In 2018, the company reported a gross profit of $3.78 billion, representing its ability to generate profit from its core operations. Total revenue, also known as sales revenue, is the sum of all revenue generated by Apache Corp. In 2018, the company's total revenue amounted to $6.39 billion, reflecting its sales performance.

The balance sheet of Apache Corp provides a snapshot of the company's financial position at a specific point in time. It shows the company's assets, liabilities, and stockholders' equity. Total assets represent the total value of everything the company owns. In 2018, Apache Corp's total assets amounted to $32.13 billion. On the other hand, total liabilities represent the company's debts and obligations. In 2018, the company's total liabilities were $15.84 billion. Stockholders' equity, also known as shareholders' equity, represents the residual interest in the assets of the company after deducting liabilities. In 2018, Apache Corp's stockholders' equity was $16.29 billion.

Cash flow is a crucial aspect of Apache Corp's financial performance. It measures the company's ability to generate cash and its cash management. Operating cash flow represents the cash generated from the company's core operations. In 2018, Apache Corp reported operating cash flow of $2.47 billion. Investing cash flow, on the other hand, represents the cash flow related to the company's investment activities. In 2018, Apache Corp recorded investing cash flow of -$1.58 billion, indicating its capital expenditures exceeded its divestments.

Financing cash flow reflects the cash flow related to the company's financing activities. It includes activities such as issuing stocks, paying dividends, and repaying loans. In 2018, Apache Corp reported financing cash flow of -$701 million, indicating a net cash outflow from financing activities. Free cash flow, which is an important measure of a company's financial health, represents the cash left after deducting capital expenditures from operating cash flow. In 2018, Apache Corp's free cash flow was $897 million.

Finally, cash equivalents refer to short-term investments that are easily converted into cash. They provide liquidity to the company and can be used to meet short-term obligations. In 2018, Apache Corp's cash equivalents amounted to $1.66 billion. Net debt, on the other hand, represents the company's total debt minus its cash and cash equivalents. In 2018, Apache Corp's net debt was $13.52 billion.