Gainsco Balance Sheet - Annual (OTCMKTS:GANS)

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$25 $0 (0%) GANS stock closing price Jun 22, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Gainsco balance sheet. Financial strength can be guaged by performing Gainsco stock analysis and by analyzing the balance sheet. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Gainsco balance sheet indicates an asset turnover ratio of and debt to equity ratio of . Also check Gainsco revenue and Gainsco operating cash flow for the same period.

View latest 10 year balance sheet data to check Gainsco financial performance.
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Fiscal year is Jan - Dec20092008
Cash1.61M1.37M
Marketable Securities42.63M65.8M
Receivables36.19M42.29M
Inventory--
Raw Materials--
Work In Progress--
Finished Goods--
Notes Receivable--
Other Current Assets--
Total Current Assets
80.44M109.46M
Property Plant & Equipment10.24M9.85M
Accumulated Depreciation8.47M6.91M
Net Property Plant & Equipment
1.76M2.93M
Investment & Advances145.35M109.4M
Other Non-Current Assets--
Deferred Charges6.57M10.34M
Intangibles--
Deposits & Other Assets7.14M6.72M
Total Assets
241.9M239.48M
Notes Payable--
Accounts Payable122.85M129.57M
Current Portion Long-Term Debt8.3M6.91M
Current Portion Capital Leases--
Accrued Expenses--
Income Taxes Payable--
Other Current Liabilities--
Total Current Liabilities
131.16M136.48M
Mortgages--
Deferred Taxes/Income--
Convertible Debt--
Long-Term Debt43.9M43.9M
Non-Current Capital Leases--
Other Long-Term Liabilities3.79M3.74M
Total Liabilities
178.85M184.13M
Minority Interest--
Preferred Stock--
Common Stock Net-2.51M
Capital Surplus154.07M151.74M
Retained Earnings-87.16M-89.94M
Treasury Stock4.16M4.13M
Other Liabilities-0.19M-4.83M
Shareholders Equity63.04M55.34M
Total Liabilities & Shareholders Equity241.9M239.48M
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Gainsco historical stock prices and the current Gainsco stock price can tell you how the stock price has moved, whereas the Gainsco 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: An asset is a resource that a corporation like Gainsco owns and has monetary significance. GANS assets grew from $239.48M in 2008 to $241.9M in 2009. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Gainsco for the year 2009 total to $178.85M. Liabilities for a company like Gainsco 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.

Gainsco Balance Sheet - Key Ratios