Citizens Bancshares Balance Sheet - Annual (OTCMKTS:CZBS)

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$9.35 $0.05 (0.54%) CZBS stock closing price Jan 18, 2017 (Closing)

The fundamental analysis of this company requires a thorough look at Citizens Bancshares balance sheet. As in our Citizens Bancshares stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. A company releases its balance sheet every quarter along with its quarterly results. The Citizens Bancshares balance sheet for 2015 shows total assets of $388.61M. Citizens Bancshares revenue was $17.36M and Citizens Bancshares operating cash flow was $2.35M for the same year. View latest and last 10 year balance sheet data to check Citizens Bancshares financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash48.89M48.41M29.16M40.18M33.45M23.79M27.07M16.14M8.71M13.2M
Marketable Securities0.9M0.35M0.35M0.1M0.1M0.15M0.15M0.34M0.1M0.1M
Receivables184.83M188.73M182.11M187.48M195.43M191.99M200.21M210.3M235.36M218M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets---------9.36M
Citizens Bancshares Total Current Assets
234.63M237.49M211.63M227.77M228.98M215.94M227.43M226.79M244.17M240.67M
Property Plant & Equipment19.66M-19.02M18.85M18.45M18.02M17.61M16.53M--
Accumulated Depreciation13.53M-12.43M11.9M11.22M10.5M9.78M9M--
Citizens Bancshares Net Property Plant & Equipment
6.13M6.39M6.58M6.95M7.22M7.52M7.82M7.53M10.21M7.98M
Investment & Advances124.22M127.64M142.15M132.21M128.84M132.72M118.81M94.83M68.89M80.77M
Other Non-Current Assets4.46M4.66M7.4M8.19M10.07M9.1M10.83M3.87M--
Deferred Charges----------
Intangibles----------
Deposits & Other Assets19.16M19.43M19.94M20.46M22.02M22.51M22.62M15.05M15.1M5.76M
Citizens Bancshares Total Assets
388.61M395.63M387.73M395.6M397.15M387.8M387.53M348.09M338.38M335.18M
Notes Payable-------0.23M2.34M5.49M
Accounts Payable328.86M340.88M336.96M340.59M343.03M337.6M326.01M281.91M279.59M269.02M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses4.14M4.92M4.18M5.56M5.28M4.05M4.79M3.57M4.36M3.77M
Income Taxes Payable----------
Other Current Liabilities----------
Citizens Bancshares Total Current Liabilities
333M345.81M341.15M346.15M348.31M341.66M330.8M285.72M286.3M278.29M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt5.23M0.25M0.27M0.29M0.3M0.32M14.49M28.71M18.94M26.74M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Citizens Bancshares Total Liabilities
338.24M346.07M341.42M346.45M348.62M341.98M345.3M314.43M305.25M305.03M
Minority Interest----------
Preferred Stock11.84M11.84M11.84M11.84M11.84M11.84M7.46M---
Common Stock Net2.39M2.39M2.38M2.34M2.32M2.32M2.32M2.32M2.32M2.32M
Capital Surplus8.34M8.11M7.93M7.94M7.8M7.81M7.7M7.61M7.55M7.49M
Retained Earnings29.94M28.53M27.13M26.19M25.82M25.96M25.83M25.46M25.07M22.78M
Treasury Stock1.92M1.88M1.88M1.82M1.81M1.8M1.8M1.81M1.85M1.91M
Other Liabilities-0.21M0.56M-1.09M2.66M2.53M-0.31M0.71M0.07M0.04M-0.53M
Citizens Bancshares Shareholders Equity
50.37M49.56M46.3M49.15M48.53M45.81M42.23M33.65M33.13M30.14M
Citizens Bancshares Total Liabilities & Shareholders Equity
388.61M395.63M387.73M395.6M397.15M387.8M387.53M348.09M338.38M335.18M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Citizens Bancshares stock price by looking at Citizens Bancshares historical stock prices. One can compare PE with industry average by looking at the Citizens Bancshares PE ratio chart. The common balance sheet items are:
  • Assets: CZBS total assets, which was at $388.61M for 2015 is a balance sheet item representing value of what Citizens Bancshares owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Citizens Bancshares's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for CZBS stock stand at $338.24M.
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Citizens Bancshares Balance Sheet - Key Ratios

Current ratio
0.72
Debt to Equity ratio
0.1
Asset Turnover
ratio
0.04
receivables turnover
ratio
0.09
PB ratio (
price to book ratio
)
0.4000