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

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$8.8 $0.01 (0.11%) GAI stock closing price Mar 21, 2016 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Global-Tech Advanced, and helps in stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Global-Tech Advanced stock analysis, and provides insights into the firm's financial performance. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Apart from analyzing Global-Tech Advanced revenue Global-Tech Advanced operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Global-Tech Advanced balance sheet for 2016 Q2 shows cash on hand of $24.35M. The company has a debt to equity ratio of .

View and download Global-Tech Advanced quarterly results to get the balance sheet details for the latest 40 quarters data.
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Fiscal year is Apr - Mar2016 Q2
Cash24.35M
Marketable Securities11.53M
Receivables26.68M
Inventory6.69M
Raw Materials-
Work In Progress-
Finished Goods-
Notes Receivable-
Other Current Assets3.02M
Total Current Assets
72.29M
Property Plant & Equipment-
Accumulated Depreciation-
Net Property Plant & Equipment
22.05M
Investment & Advances-
Other Non-Current Assets-
Deferred Charges-
Intangibles2.71M
Deposits & Other Assets-
Total Assets
97.2M
Notes Payable1.6M
Accounts Payable19.63M
Current Portion Long-Term Debt-
Current Portion Capital Leases-
Accrued Expenses8.94M
Income Taxes Payable4.25M
Other Current Liabilities1.49M
Total Current Liabilities
42.04M
Mortgages-
Deferred Taxes/Income-
Convertible Debt-
Long-Term Debt-
Non-Current Capital Leases-
Other Long-Term Liabilities-
Total Liabilities
42.04M
Minority Interest-
Preferred Stock-
Common Stock Net-
Capital Surplus85.1M
Retained Earnings-36.21M
Treasury Stock4.66M
Other Liabilities10.79M
Shareholders Equity55.15M
Total Liabilities & Shareholders Equity97.2M
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Global-Tech Advanced historical stock prices and the current Global-Tech Advanced stock price can tell you how the stock price has moved, whereas the Global-Tech Advanced 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: GAI total assets, which was at $97.2M for 2016 Q2 is a balance sheet item representing value of what Global-Tech Advanced 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: The total liabilities of Global-Tech Advanced for the quarter 2016 Q2 total to $42.04M. Liabilities for a company like Global-Tech Advanced 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.