Mitcham Industries Balance Sheet - Quarterly (NASDAQ:MIND)

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$3.82 $0.03 (0.79%) MIND stock closing price Jul 13, 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 2019 Q1 shows cash on hand of $8.84M. 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 - Jan2019 Q12018 Q42018 Q32018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q4
Cash8.84M10.14M6.77M7.15M2.45M3.51M3.23M3.49M2.36M3.76M
Marketable Securities----------
Receivables12.33M10.49M12.16M12.43M16.24M17.39M12.94M14.5M19.54M22.29M
Inventory11.43M10.85M11.94M12.46M13.48M11.96M12.52M13.09M13.01M12.94M
Raw Materials-5.09M5.15M5.44M5.84M5.78M5.88M7.62M7.28M7.31M
Work In Progress-1.24M2M2M2.06M1.14M1.42M1.4M1.76M1.56M
Finished Goods-6.18M5.64M5.87M6.46M5.98M6.12M5M4.95M4.96M
Notes Receivable----------
Other Current Assets2.13M1.55M2.13M1.93M1.75M2.19M1.8M1.54M2.1M1.68M
Total Current Assets
34.74M33.04M33.01M33.99M33.94M35.05M30.5M32.63M37.02M40.69M
Property Plant & Equipment-188.59M199.28M200.67M197.82M232.51M244.22M246.38M249.31M244.39M
Accumulated Depreciation-165.69M172.91M170.83M164.44M188.67M190.03M185.41M180.71M170.88M
Net Property Plant & Equipment
21.04M22.9M26.37M29.84M33.38M43.83M54.19M60.96M68.59M73.51M
Investment & Advances----------
Other Non-Current Assets-4.65M4.07M4.02M4.48M2.78M4.96M4.96M4.96M4.97M
Deferred Charges------1.2M---
Intangibles14.01M10.54M12.14M12.53M12.71M13M13.43M14.23M14.72M14.62M
Deposits & Other Assets2.21M2.53M1.19M1.2M1.22M--1.04M--
Total Assets
72.72M73.67M76.79M81.59M85.75M94.71M104.34M113.85M126.5M134.75M
Notes Payable----------
Accounts Payable2.88M1.27M2.11M1.77M1.87M1.92M2.71M1.68M2.1M3.54M
Current Portion Long-Term Debt-----6.37M8.67M3.22M3.21M3.21M
Current Portion Capital Leases----------
Accrued Expenses4.89M5.25M3.66M4.36M4.59M4.51M2.09M3.4M4.91M5.36M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
9.4M7.52M6.35M6.64M7.03M13.46M13.66M8.66M10.71M12.45M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt-------6.26M14.51M17.26M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
9.5M7.83M6.64M6.91M7.32M13.78M13.66M14.92M25.23M29.72M
Minority Interest----------
Preferred Stock15.31M11.54M9.14M8.13M7.39M7.29M6.97M7.11M--
Common Stock Net----------
Capital Surplus122.43M122.3M122.08M121.86M121.62M121.4M121.25M121.09M120.67M120.66M
Retained Earnings-48.71M-42.42M-34.39M-28.88M-23.31M-20.45M-10.4M-2.89M6.74M13.18M
Treasury Stock16.86M16.86M16.85M16.85M16.85M16.85M16.85M16.85M16.85M16.85M
Other Liabilities-9.09M-8.85M-9.97M-9.71M-10.56M-10.59M-10.42M-9.67M-9.44M-12.1M
Shareholders Equity63.21M65.84M70.14M74.67M78.42M80.93M90.67M98.92M101.26M105.03M
Total Liabilities & Shareholders Equity72.72M73.67M76.79M81.59M85.75M94.71M104.34M113.85M126.5M134.75M
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 $73.67M in 2018 Q4 to $72.72M in 2019 Q1. 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 $9.5M. 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
3.7
Debt to equity ratio
0
Asset turnover ratio
0.42
Receivables turnover
2.94
Price to book ratio
0.65