Innovative Card Balance Sheet - Annual (OTCMKTS:INVC)

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$0 $0 (0%) INVC stock closing price Aug 16, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Innovative Card balance sheet. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Innovative Card stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Apart from analyzing Innovative Card revenue Innovative Card operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Innovative Card balance sheet for 2009 shows cash on hand of $-. The company has a debt to equity ratio of .

View latest 10 year balance sheet data to check Innovative Card financial performance.
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Fiscal year is Jan - Dec20092008
Cash--
Marketable Securities--
Receivables--
Inventory-1.8M
Raw Materials--
Work In Progress-1.45M
Finished Goods--
Notes Receivable--
Other Current Assets--
Total Current Assets
1.46M2.51M
Property Plant & Equipment--
Accumulated Depreciation--
Net Property Plant & Equipment
--
Investment & Advances--
Other Non-Current Assets--
Deferred Charges--
Intangibles--
Deposits & Other Assets--
Total Assets
1.56M3.19M
Notes Payable--
Accounts Payable-1.28M
Current Portion Long-Term Debt--
Current Portion Capital Leases--
Accrued Expenses--
Income Taxes Payable--
Other Current Liabilities-2.02M
Total Current Liabilities
1.67M3.33M
Mortgages--
Deferred Taxes/Income--
Convertible Debt4.68M3.42M
Long-Term Debt--
Non-Current Capital Leases--
Other Long-Term Liabilities2.62M-
Total Liabilities
8.98M6.78M
Minority Interest--
Preferred Stock--
Common Stock Net--
Capital Surplus30.9M33.38M
Retained Earnings-38.36M-36.99M
Treasury Stock--
Other Liabilities--
Shareholders Equity-7.42M-3.58M
Total Liabilities & Shareholders Equity1.56M3.19M
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Innovative Card historical stock prices and the current Innovative Card stock price can tell you how the stock price has moved, whereas the Innovative Card 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: Anything that the Innovative Card 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. Innovative Card had total assets of $1.56M.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Innovative Card's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for INVC stock stand at $8.98M.