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)

A balance sheet is one of the three key financial statements released by a publicly listed company like Electro Rent, and helps in stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Electro Rent stock analysis, and provides insights into the firm's financial performance. A company releases its balance sheet every quarter along with its quarterly results. The Electro Rent balance sheet for 2016 Q4 shows total assets of $284.57M. The company has a asset turnover ratio of . Also see: Electro Rent revenue and Electro Rent operating cash flow for the same quarter.

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 Q42016 Q32016 Q2
Cash30.06M18.23M6.59M
Marketable Securities---
Receivables22.26M22.47M25.46M
Inventory---
Raw Materials---
Work In Progress---
Finished Goods---
Notes Receivable---
Other Current Assets---
Total Current Assets
52.33M40.7M32.05M
Property Plant & Equipment30.04M--
Accumulated Depreciation17.65M--
Net Property Plant & Equipment
211.91M220.15M230.08M
Investment & Advances---
Other Non-Current Assets---
Deferred Charges---
Intangibles3.73M3.76M3.79M
Deposits & Other Assets16.59M22.54M19.25M
Total Assets
284.57M287.16M285.18M
Notes Payable---
Accounts Payable5.19M4.82M5.15M
Current Portion Long-Term Debt---
Current Portion Capital Leases---
Accrued Expenses16.95M13.2M13.72M
Income Taxes Payable35.77M38.65M33.92M
Other Current Liabilities5.15M5.39M5.31M
Total Current Liabilities
63.07M62.07M58.11M
Mortgages---
Deferred Taxes/Income---
Convertible Debt---
Long-Term Debt---
Non-Current Capital Leases---
Other Long-Term Liabilities---
Total Liabilities
63.07M62.07M58.11M
Minority Interest---
Preferred Stock---
Common Stock Net41.48M41.11M40.98M
Capital Surplus---
Retained Earnings180.01M183.98M186.08M
Treasury Stock---
Other Liabilities---
Shareholders Equity221.49M225.09M227.07M
Total Liabilities & Shareholders Equity284.57M287.16M285.18M
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Electro Rent historical stock prices and the current Electro Rent stock price can tell you how the stock price has moved, whereas the Electro Rent PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: ELRC total assets, which was at $284.57M for 2016 Q4 is a balance sheet item representing value of what Electro Rent owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Electro Rent's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for ELRC stock stand at $63.07M.