McGrath RentCorp Balance Sheet - Annual (NASDAQ:MGRC)

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$64.14 $0.21 (0.33%) MGRC stock closing price Jun 20, 2018 (Closing)

A thorough fundamental analysis involves using data from McGrath RentCorp balance sheet, apart from other financial statements, to value the business. As in our McGrath RentCorp 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. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Apart from analyzing McGrath RentCorp revenue McGrath RentCorp operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The McGrath RentCorp balance sheet for 2017 shows cash on hand of $2.5M. The company has a debt to equity ratio of 0.57.

View latest 10 year balance sheet data to check McGrath RentCorp financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash2.5M-1.1M1.16M1.63M1.61M1.22M-1.18M1.32M
Marketable Securities----------
Receivables105.87M96.87M106.26M101.29M87.65M92.25M92.67M82.61M76.84M93.93M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets22.45M25.58M-41.42M19.71M19.5M17.17M13.94M14.24M18.63M
Total Current Assets
130.83M123.31M107.36M143.88M108.99M113.37M111.07M97.55M92.27M113.89M
Property Plant & Equipment1.47B1.51B1.48B1.39B1.3B1.21B1.13B1.01B922.7M899.45M
Accumulated Depreciation485.21M536.54M501.89M457.39M424.21M393.29M357.75M332.23M298.37M270.45M
Net Property Plant & Equipment
981.49M968.56M979.35M934.37M872.19M819.88M767.84M675.44M624.33M629M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Intangibles35.53M36.4M37.27M38.14M38.36M39.18M40.01M40.56M41.33M41.6M
Deposits & Other Assets--28.71M-------
Total Assets
1.15B1.13B1.15B1.12B1.02B972.44M918.92M813.56M757.93M784.49M
Notes Payable303.41M326.26M381.44M322.47M290M302M296.5M265.64M247.33M305.5M
Accounts Payable86.4M78.2M71.94M71.35M63.31M52.22M58.85M49.61M50.97M55.47M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities39.21M37.49M36.28M29.13M24M26.92M25.06M23.79M24.74M28.05M
Total Current Liabilities
429.04M441.97M489.67M422.97M377.32M381.14M380.42M339.04M323.05M389.02M
Mortgages----------
Deferred Taxes/Income194.62M292.01M283.35M268.9M241.2M226.56M205.36M179.54M167.47M145.59M
Convertible Debt----------
Long-Term Debt----------
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
623.67M733.98M773.02M691.87M618.52M607.7M585.78M518.58M490.52M534.61M
Minority Interest----------
Preferred Stock----------
Common Stock Net102.94M101.82M101.04M106.46M103.02M85.34M74.87M63.62M50.86M45.75M
Capital Surplus----------
Retained Earnings421.4M292.52M278.7M318.16M298.03M279.39M258.26M231.35M216.54M204.12M
Treasury Stock----------
Other Liabilities-0.16M-0.05M-0.06M-0.1M-0.03M-----
Shareholders Equity524.18M394.28M379.68M424.53M401.03M364.73M333.14M294.97M267.41M249.88M
Total Liabilities & Shareholders Equity1.15B1.13B1.15B1.12B1.02B972.44M918.92M813.56M757.93M784.49M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at McGrath RentCorp historical stock prices and the current McGrath RentCorp stock price can tell you how the stock price has moved, whereas the McGrath RentCorp 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 McGrath RentCorp 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. McGrath RentCorp had total assets of $1.15B.
  • Liabilities: The total liabilities of McGrath RentCorp for the year 2017 total to $623.67M. Liabilities for a company like McGrath RentCorp include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

McGrath RentCorp Balance Sheet - Key Ratios

Current ratio
0.24
Debt to equity ratio
0.57
Asset turnover ratio
0.37
Receivables turnover
4.72
Price to book ratio
3.41