Independence Bancshares Balance Sheet - Quarterly (OTCMKTS:IEBS)

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$0.12 $0 (0%) IEBS stock closing price Jun 20, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Independence Bancshares stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Independence Bancshares stock analysis, and provides insights into the firm's financial performance. A company releases its balance sheet every quarter along with its quarterly results. Independence Bancshares had a long term debt of $4M at the end of 2017 Q3. To understand the debt servicing capacity of the company, one needs to look at Independence Bancshares operating cash flow and Independence Bancshares revenue also. Independence Bancshares debt to equity ratio is 0.47.

View and download Independence Bancshares quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash17.27M20.91M18.83M21.27M12.96M10.49M13.65M15.39M
Marketable Securities--------
Receivables53.93M58.86M61.59M59.31M62.68M63.36M64.06M66.63M
Inventory--------
Raw Materials--------
Work In Progress--------
Finished Goods--------
Notes Receivable--------
Other Current Assets--------
Total Current Assets
71.2M79.77M80.43M80.58M75.65M73.86M77.71M82.03M
Property Plant & Equipment---3.63M---3.95M
Accumulated Depreciation---1.61M---1.75M
Net Property Plant & Equipment
1.98M2M2.03M2.02M2.04M2.11M2.15M2.19M
Investment & Advances8.21M3M3M2.87M10.6M10.85M10.96M11.08M
Other Non-Current Assets1.98M2.15M2.38M2.22M2.61M2.95M2.11M1.91M
Deferred Charges--------
Intangibles--------
Deposits & Other Assets2.78M2.84M2.73M2.73M3.07M2.72M--
Total Assets
86.17M89.78M90.59M90.44M93.98M92.5M93.12M97.46M
Notes Payable--------
Accounts Payable73.43M76.65M77.21M80.39M82.56M80.74M80.65M84.71M
Current Portion Long-Term Debt--------
Current Portion Capital Leases--------
Accrued Expenses--------
Income Taxes Payable--------
Other Current Liabilities--------
Total Current Liabilities
73.44M76.69M77.29M80.5M82.62M80.79M80.7M84.82M
Mortgages--------
Deferred Taxes/Income--------
Convertible Debt--------
Long-Term Debt4M4M4M-----
Non-Current Capital Leases--------
Other Long-Term Liabilities--------
Total Liabilities
77.44M80.69M81.29M80.5M82.62M80.79M80.7M84.82M
Minority Interest--------
Preferred Stock--------
Common Stock Net--------
Capital Surplus43.05M43.05M43.05M43.05M43.05M43.05M43.04M43.04M
Retained Earnings-34.51M-34.16M-33.95M-33.3M-32.16M-31.8M-31.01M-30.71M
Treasury Stock--------
Other Liabilities-0.01M-0.01M-0.01M-0.01M----
Shareholders Equity8.73M9.08M9.29M9.94M11.36M11.71M12.41M12.64M
Total Liabilities & Shareholders Equity86.17M89.78M90.59M90.44M93.98M92.5M93.12M97.46M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Independence Bancshares stock price, and Independence Bancshares historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Independence Bancshares PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: IEBS total assets, which was at $86.17M for 2017 Q3 is a balance sheet item representing value of what Independence Bancshares 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 or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Independence Bancshares is $77.44M. Shareholders equity comes under liabilities as it is money the company owes the holders of IEBS stock.

Independence Bancshares Balance Sheet - Key Ratios

Current ratio
0.97
Debt to equity ratio
0.47
Asset turnover ratio
0.05
Receivables turnover
0.07
Price to book ratio
0.26