TRANS ENERGY INC: 10-Q filed 2016-11-10

Name: TRANS ENERGY INC: 10-Q filed 2016-11-10
Creator: TRANS ENERGY INC

What TRANS ENERGY INC reported in its quarterly report filed 2016-11-10 (fiscal Q3 2016): 23 published measures, 62 facts as tagged in accession 0001193125-16-765493.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-11-10
Fiscal period: fiscal Q3 2016
Accession: 0001193125-16-765493 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All TRANS ENERGY INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2016-09-30	77,937,716	USD
At 2015-12-31	93,312,907	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2016-09-30	149,420,809	USD
At 2015-12-31	130,310,677	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2016-09-30	-71,483,093	USD
At 2015-12-31	-36,997,770	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-7,977,752	USD	92
2016-01-01 to 2016-09-30	-35,554,455	USD	274
2015-07-01 to 2015-09-30	-4,600,476	USD	92
2015-01-01 to 2015-09-30	-10,414,022	USD	273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2016-09-30	-118,530,707	USD
At 2015-12-31	-82,976,252	USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Unit	Days
2016-07-01 to 2016-09-30	USD	92
2016-01-01 to 2016-09-30	USD	274
2015-07-01 to 2015-09-30	USD	92
2015-01-01 to 2015-09-30	USD	273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2016-09-30	403,028	USD
At 2015-12-31	426,601	USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-2,629,248	USD	92
2016-01-01 to 2016-09-30	-14,787,814	USD	274
2015-07-01 to 2015-09-30	-1,406,081	USD	92
2015-01-01 to 2015-09-30	-7,905,489	USD	273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2016-09-30	5,254,301	USD
At 2015-12-31	6,833,183	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	7,449,490	USD	92
2016-01-01 to 2016-09-30	21,471,662	USD	274
2015-07-01 to 2015-09-30	6,117,014	USD	92
2015-01-01 to 2015-09-30	12,280,494	USD	273

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2016-09-30	143,560,356	USD
At 2015-12-31	123,821,456	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2016-09-30	2,377,335	USD
At 2015-12-31	1,730,426	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	4,880,352	USD	92
2016-01-01 to 2016-09-30	22,431,297	USD	274
2015-07-01 to 2015-09-30	4,117,202	USD	92
2015-01-01 to 2015-09-30	18,712,077	USD	273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2016-09-30	16,129,648	shares
At 2015-12-31	15,261,977	shares

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2016-09-30	431,545	USD
At 2015-12-31	404,669	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2016-09-30	1,497,277	USD
At 2015-12-31	16,275,047	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2016-09-30	1,770,947	USD
At 2015-12-31	1,954,257	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-7,977,752	USD	92
2016-01-01 to 2016-09-30	-35,554,455	USD	274
2015-07-01 to 2015-09-30	-4,600,476	USD	92
2015-01-01 to 2015-09-30	-10,414,022	USD	273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	1,678,878	USD	92
2016-01-01 to 2016-09-30	3,519,141	USD	274
2015-07-01 to 2015-09-30	755,637	USD	92
2015-01-01 to 2015-09-30	3,781,091	USD	273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	12,288,835	USD	274
2015-01-01 to 2015-09-30	5,371,023	USD	273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-5,348,504	USD	92
2016-01-01 to 2016-09-30	-20,766,641	USD	274
2015-07-01 to 2015-09-30	-3,194,395	USD	92
2015-01-01 to 2015-09-30	-2,508,533	USD	273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	665,409	USD	274
2015-01-01 to 2015-09-30	-1,662,134	USD	273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	-548,086	USD	274
2015-01-01 to 2015-09-30	-6,031,736	USD	273

Inspect the source

Entity: TRANS ENERGY INC / CIK 0000919721
Captured: 2026-09-23 02:43 UTC
SEC response SHA-256: 816c7921f430f21f447a8ad48a4e92955fd90e4be2480bb5f26e42914b0d74bc

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000919721.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))