GLG Life Tech Balance Sheet - Annual (OTCMKTS:GLGLF)

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$0.82 $0.01 (1.23%) GLGLF stock closing price Mar 16, 2018 (Closing)

The financial analysis of a company like GLG Life Tech involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our GLG Life Tech stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. A company releases its balance sheet every year along with its annual results. Apart from analyzing GLG Life Tech revenue GLG Life Tech operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The GLG Life Tech balance sheet for 2016 shows cash on hand of $1.18M. The company has a debt to equity ratio of -.

View latest 10 year balance sheet data to check GLG Life Tech financial performance.
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Marketable Securities---------
Raw Materials1.28M1.29M-------
Work In Progress1.52M1.9M-------
Finished Goods3.1M6.65M-------
Notes Receivable---------
Other Current Assets--1.17M2.23M9.22M15.4M10.61M12.06M8.39M
Total Current Assets
Property Plant & Equipment59.14M79.52M-------
Accumulated Depreciation27.37M35.5M-------
Net Property Plant & Equipment
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges---------
Deposits & Other Assets---------
Total Assets
Notes Payable--55.71M39.5M59.91M71.42M97.22M32.85M9.66M
Accounts Payable14.74M16.85M15.93M16.38M25.06M22.34M10.09M22.34M1.24M
Current Portion Long-Term Debt49.56M54.85M-------
Current Portion Capital Leases---------
Accrued Expenses--7.64M4.56M1.76M9.68M11.2M-14.95M
Income Taxes Payable---------
Other Current Liabilities22.37M15.83M---1.16M-6.37M26.01M
Total Current Liabilities
Deferred Taxes/Income---------
Convertible Debt---3.08M-----
Long-Term Debt-1.88M1.82M19.26M---12.14M-
Non-Current Capital Leases---------
Other Long-Term Liabilities20.96M22.03M20.96M15.46M8.67M-6.57M-2.28M
Total Liabilities
Minority Interest---------
Preferred Stock---------
Common Stock Net149.41M154.46M175.62M185.77M190.56M191.6M137.26M118.67M88.13M
Capital Surplus22.07M22.73M25.92M27.36M26.87M26.74M14.52M13.12M3.16M
Retained Earnings-247.47M-238.13M-249.85M-236.22M-216.87M-103.22M-13.81M-9.93M-11.37M
Treasury Stock---------
Other Liabilities9.95M9.04M10.45M10.09M7.13M16.83M5.51M5.64M30.53M
Shareholders Equity-66.02M-51.89M-37.85M-12.98M7.69M131.96M143.49M127.5M110.45M
Total Liabilities & Shareholders Equity41.63M59.57M65.15M85.28M103.12M236.58M269.14M202.1M164.61M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the GLG Life Tech stock price, and GLG Life Tech historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the GLG Life Tech PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the GLG Life Tech company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. GLG Life Tech had total assets of $41.63M.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. GLGLF stock had total liabilities of $107.65M for the year 2016.

GLG Life Tech Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover