Electro Rent Balance Sheet - Quarterly (NASDAQ:ELRC)

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$15.5 $0.01 (0.06%) ELRC stock closing price Aug 10, 2016 (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 Electro Rent stock analysis. Financial strength can be guaged by performing Electro Rent stock analysis and by analyzing the balance sheet. Quarterly results are typically accompanied with the company releasing financial statements. Apart from analyzing Electro Rent revenue Electro Rent operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Electro Rent balance sheet for 2016 Q4 shows cash on hand of $30.06M. The company has a debt to equity ratio of .

View and download Electro Rent quarterly results to get the balance sheet details for the latest 40 quarters data.
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Fiscal year is Jun - May2016 Q4
Cash30.06M
Marketable Securities-
Receivables22.26M
Inventory-
Raw Materials-
Work In Progress-
Finished Goods-
Notes Receivable-
Other Current Assets-
Total Current Assets
52.33M
Property Plant & Equipment30.04M
Accumulated Depreciation17.65M
Net Property Plant & Equipment
211.91M
Investment & Advances-
Other Non-Current Assets-
Deferred Charges-
Intangibles3.73M
Deposits & Other Assets16.59M
Total Assets
284.57M
Notes Payable-
Accounts Payable5.19M
Current Portion Long-Term Debt-
Current Portion Capital Leases-
Accrued Expenses16.95M
Income Taxes Payable35.77M
Other Current Liabilities5.15M
Total Current Liabilities
63.07M
Mortgages-
Deferred Taxes/Income-
Convertible Debt-
Long-Term Debt-
Non-Current Capital Leases-
Other Long-Term Liabilities-
Total Liabilities
63.07M
Minority Interest-
Preferred Stock-
Common Stock Net41.48M
Capital Surplus-
Retained Earnings180.01M
Treasury Stock-
Other Liabilities-
Shareholders Equity221.49M
Total Liabilities & Shareholders Equity284.57M
All figures in USD. M: Millions of USD, B: Billions of USD.

Apart from balance sheet items, an investor would do well to keep track of the Electro Rent stock price by looking at Electro Rent historical stock prices. One can compare PE with industry average by looking at the Electro Rent PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Electro Rent 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 ELRC stock as of 2016 Q4 is $284.57M. 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 Electro Rent for the quarter 2016 Q4 total to $63.07M. Liabilities for a company like Electro Rent 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.