Magal Security Balance Sheet - Annual (NASDAQ:MAGS)

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$5.15 $0.09 (1.72%) MAGS stock closing price Jun 22, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Magal Security balance sheet. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Magal Security stock analysis. Annual results are typically accompanied with the company releasing financial statements. Apart from analyzing Magal Security revenue Magal Security operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Magal Security balance sheet for 2017 shows cash on hand of $22.46M. The company has a debt to equity ratio of 0.

View latest 10 year balance sheet data to check Magal Security financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash22.46M19.69M27.31M24.44M38.33M39.46M32.62M16.59M11.86M21.28M
Marketable Securities29.86M32.84M3.84M8M6.14M6.92M5.3M2.69M1.8M1M
Receivables23.64M20.68M21.41M27.07M17.4M20.31M18.08M18.03M18.22M20.85M
Inventory9.59M6.81M7.87M8.14M8.35M8.53M9.66M10.34M10.91M12.72M
Raw Materials2.34M-1.49M-------
Work In Progress1.37M-1.6M-------
Finished Goods5.87M5.06M4.77M-------
Notes Receivable----------
Other Current Assets-----3.17M5.94M2.89M1.68M13.57M
Total Current Assets
85.57M80.04M60.44M68.28M70.83M78.41M71.62M50.55M44.49M69.44M
Property Plant & Equipment18.52M16.43M15.26M-------
Accumulated Depreciation12.8M11.13M9.85M-------
Net Property Plant & Equipment
5.71M5.3M5.41M6.11M7.28M7.12M6.46M6.79M9.17M8.44M
Investment & Advances-----2.26M---3.2M
Other Non-Current Assets-----1.04M1.42M1.56M1.78M1.88M
Deferred Charges2.57M2.11M1.05M-------
Intangibles16.99M16.78M5.56M6.34M6.31M2.18M2.16M2.23M2.05M4.76M
Deposits & Other Assets1.52M1.32M1.76M2.32M2.58M-4.32M4.34M2.74M2.76M
Total Assets
112.54M105.99M74.99M83.75M87.78M91.03M85.98M65.49M60.49M90.53M
Notes Payable---2.57M5.76M5.35M5.35M9.32M8.23M23.18M
Accounts Payable18.98M15.68M13.93M6.27M3.91M6.72M6.72M3.93M4.01M13.14M
Current Portion Long-Term Debt--------1.82M-
Current Portion Capital Leases----------
Accrued Expenses----9.43M-11.1M---
Income Taxes Payable----------
Other Current Liabilities7.19M5.6M2.52M13.14M4.26M17.09M7.6M10.17M9.91M15.92M
Total Current Liabilities
26.17M21.28M16.45M22.48M23.87M29.21M31.12M23.94M23.99M53.06M
Mortgages----------
Deferred Taxes/Income1.08M---------
Convertible Debt----------
Long-Term Debt---1.4M1.91M--9.95M-2.28M
Non-Current Capital Leases----------
Other Long-Term Liabilities2.34M2.14M2.66M3.71M4.15M3.28M3.6M3.39M3.6M3.99M
Total Liabilities
29.59M24.07M19.3M27.8M30.24M32.71M34.97M37.48M28.18M59.81M
Minority Interest----------
Preferred Stock----------
Common Stock Net6.71M6.67M4.96M4.93M4.9M4.88M4.81M3.22M-3.22M
Capital Surplus93.97M93.44M69.88M69.17M68.37M66.18M64.92M49.97M-48.04M
Retained Earnings-23.51M-16.6M-17.62M-20.77M-24.18M-19.71M-23.81M-33.65M--26.31M
Treasury Stock----------
Other Liabilities5.77M-1.6M-1.53M2.61M8.44M6.97M5.08M8.47M-5.76M
Shareholders Equity82.94M81.91M55.69M55.95M57.54M58.32M51.01M28.01M32.3M30.71M
Total Liabilities & Shareholders Equity112.54M105.99M74.99M83.75M87.78M91.03M85.98M65.49M60.49M90.53M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Magal Security historical stock prices and the current Magal Security stock price can tell you how the stock price has moved, whereas the Magal Security 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 Magal Security owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for MAGS stock as of 2017 is $112.54M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. MAGS stock had total liabilities of $29.59M for the year 2017.

Magal Security Balance Sheet - Key Ratios

Current ratio
3.48
Debt to equity ratio
0
Asset turnover ratio
0.62
Receivables turnover
3.22
Price to book ratio
1.44

Annual Balance Sheets For Magal Security Systems Ltd. (USA) Peers

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