Mitcham Industries Balance Sheet - Quarterly (NASDAQ:MIND)

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$3.21 $0.12 (3.88%) MIND stock closing price Apr 24, 2018 (Closing)

The Mitcham Industries balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Mitcham Industries stock analysis, and provides insights into the firm's financial performance. A company releases its balance sheet every quarter along with its quarterly results. Apart from analyzing Mitcham Industries revenue Mitcham Industries operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Mitcham Industries balance sheet for 2018 Q4 shows cash on hand of $10.15M. The company has a debt to equity ratio of 0.

View and download Mitcham Industries 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 Feb - Jan2018 Q42018 Q32018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q3
Cash10.15M6.77M7.15M2.45M3.51M3.23M3.49M2.36M3.76M4.56M
Marketable Securities----------
Receivables10.49M12.16M12.43M16.24M17.39M12.94M14.5M19.54M22.29M23.92M
Inventory10.86M11.94M12.46M13.48M11.96M12.52M13.09M13.01M12.94M11.76M
Raw Materials5.1M5.15M5.44M5.84M5.78M5.88M7.62M7.28M7.31M5.97M
Work In Progress1.25M2M2M2.06M1.14M1.42M1.4M1.76M1.56M1.04M
Finished Goods6.19M5.64M5.87M6.46M5.98M6.12M5M4.95M4.96M5.63M
Notes Receivable----------
Other Current Assets1.55M2.13M1.93M1.75M2.19M1.8M1.54M2.1M1.68M5.29M
Total Current Assets
33.05M33.01M33.99M33.94M35.05M30.5M32.63M37.02M40.69M45.55M
Property Plant & Equipment188.6M199.28M200.67M197.82M232.51M244.22M246.38M249.31M244.39M246.32M
Accumulated Depreciation165.7M172.91M170.83M164.44M188.67M190.03M185.41M180.71M170.88M167.74M
Net Property Plant & Equipment
22.9M26.37M29.84M33.38M43.83M54.19M60.96M68.59M73.51M78.57M
Investment & Advances----------
Other Non-Current Assets4.65M4.07M4.02M4.48M2.78M4.96M4.96M4.96M4.97M-
Deferred Charges-----1.2M---13.9M
Intangibles10.55M12.14M12.53M12.71M13M13.43M14.23M14.72M14.62M14.92M
Deposits & Other Assets2.54M1.19M1.2M1.22M--1.04M---
Total Assets
73.68M76.79M81.59M85.75M94.71M104.34M113.85M126.5M134.75M153.42M
Notes Payable----------
Accounts Payable1.27M2.11M1.77M1.87M1.92M2.71M1.68M2.1M3.54M2.06M
Current Portion Long-Term Debt----6.37M8.67M3.22M3.21M3.21M3.21M
Current Portion Capital Leases----------
Accrued Expenses5.25M3.66M4.36M4.59M4.51M2.09M3.4M4.91M5.36M5.05M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
7.52M6.35M6.64M7.03M13.46M13.66M8.66M10.71M12.45M10.7M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt------6.26M14.51M17.26M9.19M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
7.83M6.64M6.91M7.32M13.78M13.66M14.92M25.23M29.72M19.89M
Minority Interest----------
Preferred Stock11.54M9.14M8.13M7.39M7.29M6.97M7.11M---
Common Stock Net----------
Capital Surplus122.3M122.08M121.86M121.62M121.4M121.25M121.09M120.67M120.66M120.74M
Retained Earnings-42.43M-34.39M-28.88M-23.31M-20.45M-10.4M-2.89M6.74M13.18M40.02M
Treasury Stock16.86M16.85M16.85M16.85M16.85M16.85M16.85M16.85M16.85M16.85M
Other Liabilities-8.85M-9.97M-9.71M-10.56M-10.59M-10.42M-9.67M-9.44M-12.1M-10.53M
Shareholders Equity65.85M70.14M74.67M78.42M80.93M90.67M98.92M101.26M105.03M133.52M
Total Liabilities & Shareholders Equity73.68M76.79M81.59M85.75M94.71M104.34M113.85M126.5M134.75M153.42M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Mitcham Industries stock price, and Mitcham Industries historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Mitcham Industries PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Mitcham Industries owns and has monetary significance. MIND assets decreased from $76.79M in 2018 Q3 to $73.68M in 2018 Q4. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • 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 Mitcham Industries is $7.83M. Shareholders equity comes under liabilities as it is money the company owes the holders of MIND stock.

Mitcham Industries Balance Sheet - Key Ratios

Current ratio
4.4
Debt to equity ratio
0
Asset turnover ratio
0.55
Receivables turnover
3.51
Price to book ratio
0.52