Asia Cork Balance Sheet - Annual (OTCMKTS:AKRK)

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$0.01 $0 (0%) AKRK stock closing price Dec 11, 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 Asia Cork stock analysis. As in our Asia Cork 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. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. The Asia Cork balance sheet for 2009 shows total assets of $26.26M. The company has a asset turnover ratio of . Also see: Asia Cork revenue and Asia Cork operating cash flow for the same year.

View latest 10 year balance sheet data to check Asia Cork financial performance.
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Fiscal year is Jan - Dec20092008
Cash--
Marketable Securities--
Receivables5.17M4.95M
Inventory5.97M2.75M
Raw Materials--
Work In Progress--
Finished Goods--
Notes Receivable--
Other Current Assets2.63M4.05M
Total Current Assets
13.82M11.78M
Property Plant & Equipment--
Accumulated Depreciation--
Net Property Plant & Equipment
5.31M4.81M
Investment & Advances2.05M2.05M
Other Non-Current Assets--
Deferred Charges--
Intangibles--
Deposits & Other Assets4.84M3.48M
Total Assets
26.26M22.32M
Notes Payable-1.14M
Accounts Payable1.53M1.42M
Current Portion Long-Term Debt--
Current Portion Capital Leases--
Accrued Expenses--
Income Taxes Payable--
Other Current Liabilities--
Total Current Liabilities
3.19M3.06M
Mortgages--
Deferred Taxes/Income--
Convertible Debt--
Long-Term Debt--
Non-Current Capital Leases--
Other Long-Term Liabilities--
Total Liabilities
3.19M4.86M
Minority Interest-1.79M
Preferred Stock--
Common Stock Net--
Capital Surplus4.48M4.4M
Retained Earnings13.55M10.39M
Treasury Stock--
Other Liabilities5.03M2.66M
Shareholders Equity23.07M17.46M
Total Liabilities & Shareholders Equity26.26M22.32M
All figures in USD. M: Millions of USD, B: Billions of USD.

The latest Asia Cork stock price, and Asia Cork historical stock prices show the stock price movement over time, and the Asia Cork PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: An asset is a resource that a corporation like Asia Cork 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 AKRK stock as of 2009 is $26.26M. 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 Asia Cork for the year 2009 total to $3.19M. Liabilities for a company like Asia Cork 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.