MGM Energy Balance Sheet - Annual (OTCMKTS:MGMCF)

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$0.19 $0 (0%) MGMCF stock closing price Jun 16, 2014 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like MGM Energy, and helps in stock analysis. All three financial statements should be used to measure the financial performance of the company, and should form a part of the MGM Energy stock analysis. A company releases its balance sheet every year along with its annual results. The MGM Energy balance sheet for 2013 shows total assets of $74.14M. The company has a asset turnover ratio of . Also see: MGM Energy revenue and MGM Energy operating cash flow for the same year.

View latest 10 year balance sheet data to check MGM Energy financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec201320122011201020092008
Cash9.5M19.88M12.2M1.13M12.75M77.41M
Marketable Securities------
Receivables1.44M--1.59M1.45M1.74M
Inventory------
Raw Materials------
Work In Progress------
Finished Goods------
Notes Receivable------
Other Current Assets------
Total Current Assets
10.94M20.43M12.76M2.73M14.2M79.16M
Property Plant & Equipment------
Accumulated Depreciation------
Net Property Plant & Equipment
63.19M64.14M64.86M226.09M205.22M208.38M
Investment & Advances------
Other Non-Current Assets------
Deferred Charges------
Intangibles------
Deposits & Other Assets-----8.51M
Total Assets
74.14M84.57M77.62M228.82M219.65M296.06M
Notes Payable------
Accounts Payable2.44M5.44M1.8M2.11M2.28M11.92M
Current Portion Long-Term Debt------
Current Portion Capital Leases------
Accrued Expenses------
Income Taxes Payable------
Other Current Liabilities------
Total Current Liabilities
2.44M5.44M1.89M2.21M2.35M12.02M
Mortgages------
Deferred Taxes/Income------
Convertible Debt------
Long-Term Debt------
Non-Current Capital Leases------
Other Long-Term Liabilities5.8M4.02M4.02M2.27M1.9M1.88M
Total Liabilities
8.25M9.46M5.91M4.49M4.25M13.9M
Minority Interest------
Preferred Stock------
Common Stock Net452.82M466.4M459.91M441.28M395.9M429.88M
Capital Surplus9.98M9.2M8.69M7.73M5.65M4.4M
Retained Earnings-396.92M-400.5M-396.9M-224.68M-186.15M-152.13M
Treasury Stock------
Other Liabilities------
Shareholders Equity65.88M75.1M71.71M224.33M215.4M282.15M
Total Liabilities & Shareholders Equity74.14M84.57M77.62M228.82M219.65M296.06M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the MGM Energy stock price, and MGM Energy historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the MGM Energy PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like MGM Energy 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 MGMCF stock as of 2013 is $74.14M. 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 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 MGM Energy is $8.25M. Shareholders' equity comes under liabilities as it is money the company owes the holders of MGMCF stock.