Global-Tech Advanced Balance Sheet - Annual (NASDAQ:GAI)

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$8.8 $0.01 (0.16%) GAI stock closing price Mar 21, 2016 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Global-Tech Advanced, and helps in stock analysis. As in our Global-Tech Advanced 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. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Global-Tech Advanced revenue was $78.02M and Global-Tech Advanced operating cash flow was $-0.08M forĀ 2015. The balance sheet shows total liabilities of $35.67M and shareholders equity of $59.31M. View latest and last 10 year balance sheet data to check Global-Tech Advanced financial performance..

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Fiscal year is Apr - Mar. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Marketable Securities12.65M12.39M0.01M2M1.54M15.98M20.39M-14.93M
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets3.86M2.61M5.24M0.93M2.45M7.33M13.06M8.11M7.99M
Global-Tech Advanced Total Current Assets
Property Plant & Equipment---------
Accumulated Depreciation---------
Global-Tech Advanced Net Property Plant & Equipment
Investment & Advances--1.04M1.03M3M----
Other Non-Current Assets-------5.75M5.41M
Deferred Charges-----0.1M---
Deposits & Other Assets0.2M0.21M0.28M0.06M0.11M0.05M--0.3M
Global-Tech Advanced Total Assets
Notes Payable6.78M7.28M4.82M4M12.58M--1.6M-
Accounts Payable14.24M12.52M7.13M8.16M10.35M5.13M7.96M8.93M6.27M
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses9.36M8.7M14.01M9.74M13.21M9.74M15.5M14.19M9.86M
Income Taxes Payable4.02M4.23M4.65M6.15M5.31M5.7M5.5M5.04M4M
Other Current Liabilities1.25M1.13M1.33M0.86M2.1M12.72M0.71M0.63M0.62M
Global-Tech Advanced Total Current Liabilities
Deferred Taxes/Income-0.01M0.01M0.02M0.02M0.03M0.02M0.06M0.12M
Convertible Debt---------
Long-Term Debt---------
Non-Current Capital Leases---------
Other Long-Term Liabilities---------
Global-Tech Advanced Total Liabilities
Minority Interest---------
Preferred Stock---------
Common Stock Net0.12M0.12M0.12M0.12M0.12M0.12M0.12M0.12M0.12M
Capital Surplus85.1M85.1M85.05M84.78M84.75M84.28M84.26M84.22M84.15M
Retained Earnings-32.99M-26.59M-15.93M-9.69M-11.1M-7.08M-10.55M-4.71M-0.28M
Treasury Stock4.66M4.66M4.66M4.66M4.66M4.66M4.66M4.49M4.49M
Other Liabilities11.73M11.81M11.67M9.52M7.22M5.07M5.02M3.09M-0.12M
Global-Tech Advanced Shareholders Equity
Global-Tech Advanced Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

Apart from balance sheet items, an investor would do well to keep track of the Global-Tech Advanced stock price by looking at Global-Tech Advanced historical stock prices. One can compare PE with industry average by looking at the Global-Tech Advanced PE ratio chart. The common balance sheet items are:
  • Assets: GAI total assets, which was at $94.98M for 2015 is a balance sheet item representing value of what Global-Tech Advanced 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 or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Global-Tech Advanced is $35.67M. Shareholders' equity comes under liabilities as it is money the company owes the holders of GAI stock.