Citizens Bancshares Balance Sheet - Annual (OTCMKTS:CZBS)

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$9.99 $0.01 (0.1%) CZBS stock closing price Jul 20, 2017 (Closing)

The financial analysis of a company like Citizens Bancshares 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 Citizens Bancshares stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Citizens Bancshares balance sheet for 2015 shows cash on hand of $48.89M. The cash has increased by $0.48M. Citizens Bancshares revenue was $17.36M and Citizens Bancshares operating cash flow was $2.35M. View latest and last 10 year balance sheet data to check Citizens Bancshares financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash48.89M48.41M29.16M40.18M33.45M23.79M27.07M16.14M8.71M
Marketable Securities0.9M0.35M0.35M0.1M0.1M0.15M0.15M0.34M0.1M
Receivables184.83M188.73M182.11M187.48M195.43M191.99M200.21M210.3M235.36M
Inventory---------
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets---------
Citizens Bancshares Total Current Assets
234.63M237.49M211.63M227.77M228.98M215.94M227.43M226.79M244.17M
Property Plant & Equipment19.66M-19.02M18.85M18.45M18.02M17.61M16.53M-
Accumulated Depreciation13.53M-12.43M11.9M11.22M10.5M9.78M9M-
Citizens Bancshares Net Property Plant & Equipment
6.13M6.39M6.58M6.95M7.22M7.52M7.82M7.53M10.21M
Investment & Advances124.22M127.64M142.15M132.21M128.84M132.72M118.81M94.83M68.89M
Other Non-Current Assets4.46M4.66M7.4M8.19M10.07M9.1M10.83M3.87M-
Deferred Charges---------
Intangibles---------
Deposits & Other Assets19.16M19.43M19.94M20.46M22.02M22.51M22.62M15.05M15.1M
Citizens Bancshares Total Assets
388.61M395.63M387.73M395.6M397.15M387.8M387.53M348.09M338.38M
Notes Payable-------0.23M2.34M
Accounts Payable328.86M340.88M336.96M340.59M343.03M337.6M326.01M281.91M279.59M
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses4.14M4.92M4.18M5.56M5.28M4.05M4.79M3.57M4.36M
Income Taxes Payable---------
Other Current Liabilities---------
Citizens Bancshares Total Current Liabilities
333M345.81M341.15M346.15M348.31M341.66M330.8M285.72M286.3M
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt5.23M0.25M0.27M0.29M0.3M0.32M14.49M28.71M18.94M
Non-Current Capital Leases---------
Other Long-Term Liabilities---------
Citizens Bancshares Total Liabilities
338.24M346.07M341.42M346.45M348.62M341.98M345.3M314.43M305.25M
Minority Interest---------
Preferred Stock11.84M11.84M11.84M11.84M11.84M11.84M7.46M--
Common Stock Net2.39M2.39M2.38M2.34M2.32M2.32M2.32M2.32M2.32M
Capital Surplus8.34M8.11M7.93M7.94M7.8M7.81M7.7M7.61M7.55M
Retained Earnings29.94M28.53M27.13M26.19M25.82M25.96M25.83M25.46M25.07M
Treasury Stock1.92M1.88M1.88M1.82M1.81M1.8M1.8M1.81M1.85M
Other Liabilities-0.21M0.56M-1.09M2.66M2.53M-0.31M0.71M0.07M0.04M
Citizens Bancshares Shareholders Equity
50.37M49.56M46.3M49.15M48.53M45.81M42.23M33.65M33.13M
Citizens Bancshares Total Liabilities & Shareholders Equity
388.61M395.63M387.73M395.6M397.15M387.8M387.53M348.09M338.38M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Citizens Bancshares stock price, and Citizens Bancshares historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Citizens Bancshares PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Citizens Bancshares 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 CZBS stock as of year is $388.61M. 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 include short term loans and long term loans availed by the company to fund its business operations. CZBS stock had total liabilities of $338.24M for year 2015.
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