Citizens & Northern Balance Sheet - Annual (NASDAQ:CZNC)

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$22.77 $0.1 (0.44%) CZNC stock closing price Feb 22, 2018 (Closing)

The financial analysis of a company like Citizens & Northern involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our Citizens & Northern 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. A company releases its balance sheet every year along with its annual results. The Citizens & Northern balance sheet for 2016 shows total assets of $1.24B. The company has a asset turnover ratio of 0.05. Also see: Citizens & Northern revenue and Citizens & Northern operating cash flow for the same year.

View latest 10 year balance sheet data to check Citizens & Northern financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Cash32.1M36.06M36.04M44.61M59.83M60.57M46.3M92.06M24.02M
Marketable Securities-------1.04M2.3M
Receivables747.32M700.75M627.11M639.78M681.33M705.4M726.26M718.95M741.53M
Inventory----2.54M-5.24M--
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets---------
Total Current Assets
779.57M737.1M663.16M684.45M743.71M766.92M777.81M812.06M767.86M
Property Plant & Equipment49.57M48.07M47.3M46.77M46.72M45.53M48.81M48.35M47.38M
Accumulated Depreciation49.57M32.66M31.04M29.34M28.02M26.51M26.17M24.04M21.48M
Net Property Plant & Equipment
15.39M15.4M16.25M17.43M18.7M19.02M22.63M24.31M25.9M
Investment & Advances395.07M420.29M516.8M482.65M472.57M481.68M443.95M396.58M420.09M
Other Non-Current Assets2.18M1.26M1.18M--1.23M---
Deferred Charges5.11M3.11M1.66M6.34M1.72M6.17M16.05M22.03M-
Intangibles11.95M11.97M11.99M12.02M12.08M12.15M12.26M12.44M12.84M
Deposits & Other Assets32.98M34.27M30.88M33.88M37.22M36.53M43.32M53.47M54.62M
Total Assets
1.24B1.22B1.24B1.24B1.29B1.32B1.32B1.32B1.28B
Notes Payable26.17M53.49M5.53M23.38M5.56M4.95M18.41M39.22M48.54M
Accounts Payable983.84M935.61M967.98M954.51M1.01B1.02B1B926.95M866.2M
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses7.81M8.05M7.01M6.98M8.63M7.83M6.38M6.95M7.93M
Income Taxes Payable---------
Other Current Liabilities---------
Total Current Liabilities
1.02B997.16M980.54M984.88M1.02B1.03B1.03B973.14M922.68M
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt38.45M38.76M73.06M73.33M83.81M125.36M148.49M196.24M236.92M
Non-Current Capital Leases---------
Other Long-Term Liabilities---------
Total Liabilities
1.06B1.04B1.05B1.06B1.1B1.16B1.18B1.17B1.16B
Minority Interest---------
Preferred Stock-------25.74M-
Common Stock Net12.65M12.65M12.65M12.59M12.52M12.46M12.4M12.37M9.28M
Capital Surplus71.73M71.65M71.54M70.1M68.62M67.56M66.64M66.83M44.3M
Retained Earnings112.79M109.45M105.55M101.21M94.83M82.3M65.92M53.02M97.75M
Treasury Stock10.26M8.8M6.74M3.45M4.2M5.1M4.43M4.57M6.06M
Other Liabilities-0.89M2.52M5.36M-0.99M11M10.16M-1.6M-0.99M-23.26M
Shareholders Equity186M187.48M188.36M179.47M182.78M167.38M138.94M152.41M122.02M
Total Liabilities & Shareholders Equity1.24B1.22B1.24B1.24B1.29B1.32B1.32B1.32B1.28B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Citizens & Northern stock price by looking at Citizens & Northern historical stock prices. One can compare PE with industry average by looking at the Citizens & Northern PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Citizens & Northern 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 CZNC stock as of 2016 is $1.24B. 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 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 Citizens & Northern is $1.06B. Shareholders' equity comes under liabilities as it is money the company owes the holders of CZNC stock.

Citizens & Northern Balance Sheet - Key Ratios

Current ratio
0.79
Debt to equity ratio
0.38
Asset turnover ratio
0.05
Receivables turnover
0.08