Global-Tech Advanced Balance Sheet - Quarterly (NASDAQ:GAI)

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$8.8 $0.01 (0.16%) GAI stock closing price Mar 21, 2016 (Closing)

The Global-Tech Advanced balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. Financial strength can be guaged by performing Global-Tech Advanced stock analysis and by analyzing the balance sheet. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Global-Tech Advanced balance sheet for 2016-Q2 shows cash on hand of $24.35M. Global-Tech Advanced revenue was $20.12M and Global-Tech Advanced operating cash flow was $-0.08M. View Global-Tech Advanced quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Fiscal year is Apr - Mar. 2016-Q2 2015-Q4 2015-Q2
Cash24.35M24.35M19.91M
Marketable Securities11.53M12.65M13.16M
Receivables26.68M20.49M24.62M
Inventory6.69M6.41M10.46M
Raw Materials---
Work In Progress---
Finished Goods---
Notes Receivable---
Other Current Assets3.02M3.86M3.44M
Global-Tech Advanced Total Current Assets
72.29M67.77M71.61M
Property Plant & Equipment---
Accumulated Depreciation---
Global-Tech Advanced Net Property Plant & Equipment
22.05M24.17M25.83M
Investment & Advances---
Other Non-Current Assets---
Deferred Charges---
Intangibles2.71M2.82M2.9M
Deposits & Other Assets0.14M0.2M0.3M
Global-Tech Advanced Total Assets
97.2M94.98M100.65M
Notes Payable12.58M--
Accounts Payable19.63M14.24M13.25M
Current Portion Long-Term Debt---
Current Portion Capital Leases---
Accrued Expenses8.94M9.36M9.28M
Income Taxes Payable4.25M4.02M4.46M
Other Current Liabilities1.49M1.25M1.13M
Global-Tech Advanced Total Current Liabilities
42.04M35.67M37.19M
Mortgages---
Deferred Taxes/Income--0.01M
Convertible Debt---
Long-Term Debt---
Non-Current Capital Leases---
Other Long-Term Liabilities---
Global-Tech Advanced Total Liabilities
42.04M35.67M37.19M
Minority Interest---
Preferred Stock---
Common Stock Net0.12M0.12M0.12M
Capital Surplus85.1M85.1M85.1M
Retained Earnings-36.21M-32.99M-29.12M
Treasury Stock4.66M4.66M4.66M
Other Liabilities10.79M11.73M12.01M
Global-Tech Advanced Shareholders Equity
55.15M59.31M63.45M
Global-Tech Advanced Total Liabilities & Shareholders Equity
97.2M94.98M100.65M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Global-Tech Advanced stock price, and Global-Tech Advanced historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Global-Tech Advanced PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Global-Tech Advanced 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 GAI stock as of quarter is $97.2M. 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: This item on the balance sheet implies the firm's, in this case Global-Tech Advanced's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for GAI stock stand at $42.04M.
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