Singing Machine Balance Sheet - Quarterly (OTCMKTS:SMDM)

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$0.38 $0.01 (1.35%) SMDM stock closing price Oct 24, 2016 (Closing)

A thorough fundamental analysis involves using data from Singing Machine balance sheet, apart from other financial statements, to value the business. 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 announcements include the release of all three financial statements, of which the balance sheet is one. The Singing Machine balance sheet for 2017-Q1 shows cash on hand of $0.44M. The cash has decreased by $1.67M. Singing Machine revenue was $4.86M and Singing Machine operating cash flow was $-1.47M. View Singing Machine quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Fiscal year is Apr - Mar. 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4
Marketable Securities----------
Raw Materials1.7M-0.1M1.51M0.6M-0.18M3.57M3.7M-
Work In Progress----------
Finished Goods7.49M4.45M4.53M8.56M7.89M7.86M7.99M12.17M8.46M6.46M
Notes Receivable----------
Other Current Assets0.22M0.18M0.97M0.6M0.92M0.61M0.37M0.94M1.06M0.69M
Singing Machine Total Current Assets
Property Plant & Equipment3.07M3M3.01M3M2.91M2.87M2.87M2.86M2.86M2.83M
Accumulated Depreciation2.62M2.57M2.52M2.47M2.44M2.4M2.37M2.33M2.3M2.27M
Singing Machine Net Property Plant & Equipment
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges2.61M2.43M1.15M1.64M1.93M1.95M1.9M1.92M1.79M1.79M
Deposits & Other Assets0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M
Singing Machine Total Assets
Notes Payable0.69M0.49M----1.09M---
Accounts Payable6.32M0.72M2.14M9.26M3.02M2.76M4.39M11.35M6.79M1.91M
Current Portion Long-Term Debt--1.79M8.54M1.53M-2.42M5.35M-2.5M
Current Portion Capital Leases---0.01M0.01M0.01M0.01M0.01M0.01M0.01M
Accrued Expenses0.73M0.65M2.06M1.67M0.61M0.45M1.32M1.15M0.54M0.44M
Income Taxes Payable----------
Other Current Liabilities1.13M0.81M2.58M4.44M1.87M1.98M3.86M4.47M3.22M3.13M
Singing Machine Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt1.92M1.92M1.92M1.92M2.47M2.52M2.35M2.63M2.64M0.01M
Non-Current Capital Leases----------
Other Long-Term Liabilities----0.06M0.04M----
Singing Machine Total Liabilities
Minority Interest----------
Preferred Stock----------
Common Stock Net0.38M0.38M0.38M0.38M0.38M0.38M0.38M0.38M0.38M0.38M
Capital Surplus19.34M19.33M19.32M19.31M19.3M19.3M19.3M19.3M19.29M19.26M
Retained Earnings-14.49M-14.05M-13.17M-15.18M-16.25M-15.76M-15.07M-16.11M-16.43M-15.93M
Treasury Stock----------
Other Liabilities--0.01M--------
Singing Machine Shareholders Equity
Singing Machine Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

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: SMDM total assets, which was at $15.91M for 2017-Q1 is a balance sheet item representing value of what Singing Machine 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: The total liabilities of Singing Machine for 2017-Q1 total to $10.68M. 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.

Singing Machine Balance Sheet - Key Ratios

Current ratio
Debt to Equity ratio
Asset Turnover
receivables turnover
PB ratio (
price to book ratio