Mitek Balance Sheet - Annual (NASDAQ:MITK)

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$10.05 $0.3 (3.08%) MITK stock closing price Aug 22, 2017 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Mitek stock analysis. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Mitek stock analysis. A company releases its balance sheet every quarter along with its quarterly results. The Mitek balance sheet for 2016 shows cash on hand of $9.01M. The cash has increased by $6.26M. Mitek revenue was $34.7M and Mitek operating cash flow was $7.85M. View latest and last 10 year balance sheet data to check Mitek financial performance..

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Annual
Quarterly
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Fiscal year is Oct - Sep.2016201520142013201220112010200920082007
Cash9.01M2.75M7.76M23.29M6.7M5.65M1.3M0.67M1.3M2.09M
Marketable Securities24.86M23.92M16.26M5.73M5.81M10.18M----
Receivables4.94M3.93M2.95M1.49M1.09M2.95M1.22M0.36M0.91M0.54M
Inventory---------0.09M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets1.48M0.79M0.7M0.66M0.48M0.31M0.18M0.11M0.1M-
Mitek Total Current Assets
40.3M31.4M27.69M31.18M14.1M19.11M2.7M1.14M2.31M2.73M
Property Plant & Equipment2.74M2.5M2.38M2.25M0.95M1.04M0.84M0.83M0.82M-
Accumulated Depreciation2.3M1.52M1.09M0.62M0.46M0.85M0.81M0.77M0.73M-
Mitek Net Property Plant & Equipment
0.44M0.97M1.29M1.62M0.49M0.19M0.03M0.06M0.09M0.07M
Investment & Advances1.95M-2.07M-2.08M0.41M----
Other Non-Current Assets----------
Deferred Charges----------
Intangibles5.64M6.27M---0.09M0.22M0.36M0.34M-
Deposits & Other Assets0.04M0.09M0.04M0.04M0.04M0.02M0.03M0.02M0.02M0.02M
Mitek Total Assets
48.38M38.74M31.1M32.85M16.72M19.85M3M1.6M2.78M2.84M
Notes Payable----------
Accounts Payable1.31M1.53M1.79M1.87M0.71M0.35M0.22M0.35M0.4M0.12M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses3.26M2.06M1.43M1.45M0.72M0.49M0.19M0.2M0.28M0.28M
Income Taxes Payable----------
Other Current Liabilities3.74M3.8M2.98M2.48M1.66M0.91M0.86M0.86M0.7M0.54M
Mitek Total Current Liabilities
8.32M7.4M6.21M5.81M3.1M1.77M1.28M1.42M1.39M0.94M
Mortgages----------
Deferred Taxes/Income0.25M0.22M0.31M0.51M-0.02M0.03M0.04M0.05M0.04M
Convertible Debt------0.67M---
Long-Term Debt----------
Non-Current Capital Leases----------
Other Long-Term Liabilities0.31M0.68M0.63M0.79M0.06M-----
Mitek Total Liabilities
8.9M8.31M7.16M7.12M3.16M1.79M2M1.47M1.44M0.98M
Minority Interest----------
Preferred Stock----------
Common Stock Net0.03M0.03M0.03M0.03M0.02M0.02M0.01M0.01M0.01M0.01M
Capital Surplus71.03M63.9M59.94M56.43M36.99M33.66M16.47M14.92M14.8M14.58M
Retained Earnings-31.54M-33.5M-36.02M-30.73M-23.45M-15.61M-15.49M-14.81M-13.49M-12.74M
Treasury Stock----------
Other Liabilities-0.04M--0.01M---0.01M----
Mitek Shareholders Equity
39.48M30.43M23.94M25.72M13.55M18.05M1M0.12M1.33M1.85M
Mitek Total Liabilities & Shareholders Equity
48.38M38.74M31.1M32.85M16.72M19.85M3M1.6M2.78M2.84M
All figures in USD. M: Millions of USD, B: Billions of USD.
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1:22
MITK
Most investors just check the Mitek stock price, and Mitek historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Mitek PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: Anything that the Mitek 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. Mitek had total assets of $48.38M.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. MITK stock had total liabilities of $8.9M for year 2016.
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Mitek Balance Sheet - Key Ratios

PB ratio (
price to book ratio
)
8.0810

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