Worldgate Communications Balance Sheet - Annual (OTCMKTS:WGATQ)

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$0 $0 (0%) WGATQ stock closing price Jul 07, 2014 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Worldgate Communications stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Worldgate Communications stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Worldgate Communications revenue was $17.78M and Worldgate Communications operating cash flow was $-2.53M forĀ 2010. The balance sheet shows total liabilities of $10.31M and shareholders equity of $-2.23M. View latest and last 10 year balance sheet data to check Worldgate Communications financial performance..

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Fiscal year is Jan - Dec. 2010 2009 2008 2007 2006
Cash0.87M0.57M0.42M1.08M10.06M
Marketable Securities-----
Receivables0.01M0.02M1.02M0.17M1.02M
Inventory0.29M0.76M1.17M1.05M1.6M
Raw Materials-----
Work In Progress-----
Finished Goods-----
Notes Receivable-----
Other Current Assets0.21M0.29M0.16M0.18M0.49M
Worldgate Communications Total Current Assets
1.39M1.66M2.78M2.49M13.17M
Property Plant & Equipment---4.62M4.49M
Accumulated Depreciation---3.83M3.22M
Worldgate Communications Net Property Plant & Equipment
0.71M0.73M0.23M0.79M1.26M
Investment & Advances-----
Other Non-Current Assets-----
Deferred Charges5.76M----
Intangibles-----
Deposits & Other Assets0.19M-0.06M0.12M0.12M
Worldgate Communications Total Assets
8.07M2.4M3.08M3.41M14.56M
Notes Payable4.44M0.02M1.79M--
Accounts Payable1.99M0.53M1.75M0.74M1.65M
Current Portion Long-Term Debt-----
Current Portion Capital Leases-----
Accrued Expenses0.76M0.74M1.59M2.09M1.28M
Income Taxes Payable-----
Other Current Liabilities3.11M1.73M6.13M2.03M8.45M
Worldgate Communications Total Current Liabilities
10.31M3.03M11.27M4.87M11.39M
Mortgages-----
Deferred Taxes/Income-----
Convertible Debt----1.02M
Long-Term Debt-1.4M---
Non-Current Capital Leases-----
Other Long-Term Liabilities----0.14M
Worldgate Communications Total Liabilities
10.31M4.43M11.27M4.87M12.56M
Minority Interest-----
Preferred Stock-----
Common Stock Net3.39M3.38M1.18M0.56M0.41M
Capital Surplus282.83M270.33M261.47M259.54M248.39M
Retained Earnings-288.46M-275.74M-270.85M-261.57M-246.8M
Treasury Stock-----
Other Liabilities-----
Worldgate Communications Shareholders Equity
-2.23M-2.03M-8.19M-1.46M2M
Worldgate Communications Total Liabilities & Shareholders Equity
8.07M2.4M3.08M3.41M14.56M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Worldgate Communications historical stock prices and the current Worldgate Communications stock price can tell you how the stock price has moved, whereas the Worldgate Communications PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: WGATQ total assets, which was at $8.07M for 2010 is a balance sheet item representing value of what Worldgate Communications 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 Worldgate Communications is $10.31M. Shareholders' equity comes under liabilities as it is money the company owes the holders of WGATQ stock.
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