Advanced Photonix Balance Sheet - Annual (NYSEMKT:API)

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$0.4 $0.01 (2.56%) API stock closing price May 08, 2015 (Closing)

The financial analysis of a company like Advanced Photonix involves checking the three financial statements of the company in detail, of which the balance sheet is one. 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 Advanced Photonix stock analysis. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The balance sheet shows total liabilities of $9.89M and shareholders equity of $10.3M. Advanced Photonix revenue and Advanced Photonix operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Advanced Photonix financial performance.
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Quarterly
Annual
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Fiscal year is Apr - Mar201420132012201120102009
Cash--3.24M5.24M1.76M2.57M
Marketable Securities------
Receivables5.08M-4.53M4.58M2.67M3.28M
Inventory4.74M3.9M3.59M4.77M3.65M3.66M
Raw Materials3.09M2.6M2.34M3.2M2.37M3.31M
Work In Progress---1.21M--
Finished Goods------
Notes Receivable-4.98M----
Other Current Assets------
Total Current Assets
10.39M10.3M11.64M14.95M8.29M9.77M
Property Plant & Equipment13.95M13.75M13.02M12.5M11.2M11.47M
Accumulated Depreciation11.81M10.33M9.72M8.77M7.91M7.14M
Net Property Plant & Equipment
2.14M3.41M3.3M3.73M3.28M4.32M
Investment & Advances------
Other Non-Current Assets------
Deferred Charges------
Intangibles7.52M8.26M9.11M10.29M11.67M13.55M
Deposits & Other Assets------
Total Assets
20.2M22.21M24.38M29.25M23.85M28.04M
Notes Payable------
Accounts Payable2.66M1.82M-2.09M-1.35M
Current Portion Long-Term Debt3.82M1.6M1.36M2.36M2.08M2.18M
Current Portion Capital Leases------
Accrued Expenses2.15M2.02M1.87M2.27M3.35M2.16M
Income Taxes Payable------
Other Current Liabilities------
Total Current Liabilities
8.65M5.45M4.1M6.74M5.44M5.7M
Mortgages------
Deferred Taxes/Income------
Convertible Debt------
Long-Term Debt-2.03M1.59M1.96M4.05M4.38M
Non-Current Capital Leases------
Other Long-Term Liabilities------
Total Liabilities
9.89M7.78M5.73M9.04M9.49M10.09M
Minority Interest------
Preferred Stock------
Common Stock Net------
Capital Surplus58.75M58.61M58.44M57.89M50.16M52.4M
Retained Earnings-48.47M-44.21M-39.82M-37.71M-35.83M-34.47M
Treasury Stock------
Other Liabilities------
Shareholders Equity10.3M14.43M18.65M20.2M14.35M17.94M
Total Liabilities & Shareholders Equity20.2M22.21M24.38M29.25M23.85M28.04M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Advanced Photonix stock price, and Advanced Photonix historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Advanced Photonix PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Advanced Photonix 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 API stock as of 2014 is $20.2M. 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 Advanced Photonix for the year 2014 total to $9.89M. Liabilities for a company like Advanced Photonix 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.