Singing Machine Balance Sheet - Quarterly (OTCMKTS:SMDM)

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$0.65 $0 (0%) SMDM stock closing price Jan 13, 2017 (Closing)

The fundamental analysis of this company requires a thorough look at Singing Machine balance sheet. As in our Singing Machine 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 are typically accompanied with the company releasing financial statements. The Singing Machine balance sheet for 2017-Q2 shows cash on hand of $0.94M. The cash has increased by $0.5M. Singing Machine revenue was $28.13M and Singing Machine operating cash flow was $-8.97M. View Singing Machine quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Annual
Quarterly
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Fiscal year is Apr - Mar. 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1
Cash0.94M0.44M2.11M0.23M0.44M0.36M0.11M0.47M0.31M0.5M
Marketable Securities----------
Receivables18.77M3.8M1.59M10.93M18.56M1.76M1.6M8.75M10.16M1.37M
Inventory8.62M8.36M3.69M4.07M9.54M8.11M7.44M7.64M15.05M11.52M
Raw Materials1.24M1.7M-0.1M1.51M0.6M-0.18M3.57M3.7M
Work In Progress----------
Finished Goods8.23M7.49M4.45M4.53M8.56M7.89M7.86M7.99M12.17M8.46M
Notes Receivable----------
Other Current Assets0.13M0.22M0.18M0.97M0.6M0.92M0.61M0.37M0.94M1.06M
Singing Machine Total Current Assets
28.48M12.83M7.58M16.21M29.16M11.16M9.78M17.23M26.48M14.47M
Property Plant & Equipment3.08M3.07M3M3.01M3M2.91M2.87M2.87M2.86M2.86M
Accumulated Depreciation2.66M2.62M2.57M2.52M2.47M2.44M2.4M2.37M2.33M2.3M
Singing Machine Net Property Plant & Equipment
0.41M0.45M0.43M0.48M0.52M0.47M0.46M0.5M0.53M0.56M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges1.73M2.61M2.43M1.15M1.64M1.93M1.95M1.9M1.92M1.79M
Intangibles----------
Deposits & Other Assets0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M
Singing Machine Total Assets
30.65M15.91M10.46M17.87M31.34M13.58M12.21M19.66M28.95M16.85M
Notes Payable0.69M0.49M----1.09M---
Accounts Payable10.14M6.32M0.72M2.14M9.26M3.02M2.76M4.39M11.35M6.79M
Current Portion Long-Term Debt10.02M--1.79M8.54M1.53M-2.42M5.35M-
Current Portion Capital Leases----0.01M0.01M0.01M0.01M0.01M0.01M
Accrued Expenses1.96M0.73M0.65M2.06M1.67M0.61M0.45M1.32M1.15M0.54M
Income Taxes Payable----------
Other Current Liabilities0.98M1.13M0.81M2.58M4.44M1.87M1.98M3.86M4.47M3.22M
Singing Machine Total Current Liabilities
23.58M8.75M2.88M9.42M24.9M7.61M5.71M12.69M22.74M10.96M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt-1.92M1.92M1.92M1.92M2.47M2.52M2.35M2.63M2.64M
Non-Current Capital Leases----------
Other Long-Term Liabilities-----0.06M0.04M---
Singing Machine Total Liabilities
23.58M10.68M4.8M11.34M26.82M10.15M8.28M15.05M25.38M13.61M
Minority Interest----------
Preferred Stock----------
Common Stock Net0.38M0.38M0.38M0.38M0.38M0.38M0.38M0.38M0.38M0.38M
Capital Surplus19.37M19.34M19.33M19.32M19.31M19.3M19.3M19.3M19.3M19.29M
Retained Earnings-12.68M-14.49M-14.05M-13.17M-15.18M-16.25M-15.76M-15.07M-16.11M-16.43M
Treasury Stock----------
Other Liabilities---0.01M-------
Singing Machine Shareholders Equity
7.07M5.23M5.65M6.52M4.51M3.43M3.92M4.6M3.57M3.24M
Singing Machine Total Liabilities & Shareholders Equity
30.65M15.91M10.46M17.87M31.34M13.58M12.21M19.66M28.95M16.85M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Singing Machine stock price, and Singing Machine historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Singing Machine PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Singing Machine owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for SMDM stock as of quarter is $30.65M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Singing Machine for 2017-Q2 total to $23.58M. Liabilities for a company like Singing Machine include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
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Singing Machine Balance Sheet - Key Ratios

Current ratio
1.21
Debt to Equity ratio
1.52
Asset Turnover
ratio
4.83
receivables turnover
ratio
5.34
PB ratio (
price to book ratio
)
4.2850