Mitek Balance Sheet - Quarterly (NASDAQ:MITK)

Add to My Stocks
$7.85 $0.1 (1.26%) MITK stock closing price Feb 21, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Mitek, and helps in 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. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The balance sheet shows total liabilities of $16.55M and shareholders equity of $72.4M. Mitek revenue and Mitek operating cash flow are important in understanding the financial capacity of the company.

View and download Mitek quarterly results to get the balance sheet details for the latest 40 quarters data.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Oct - Sep2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash6.34M12.28M9.29M12.95M6.21M9.01M5M13.22M4.35M2.75M
Marketable Securities32M30.27M29M23.05M28.31M24.86M19.9M14.93M21.1M23.92M
Receivables5.65M7.09M6.4M5.1M5.54M4.94M4.61M2.49M4.23M3.93M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets3.08M1.2M1.32M1.13M1.15M1.48M1.44M1.09M--
Total Current Assets
47.07M50.87M46.02M42.24M41.22M40.3M30.97M31.75M30.52M31.4M
Property Plant & Equipment-3.18M---2.74M---2.5M
Accumulated Depreciation-2.57M---2.3M---1.52M
Net Property Plant & Equipment
----------
Investment & Advances7.48M3.78M4.61M3.89M-1.95M8.31M3.75M2.14M-
Other Non-Current Assets----------
Deferred Charges14.9M11.06M--------
Intangibles18.36M5.31M5.28M5.08M5.15M5.64M5.73M5.83M5.97M6.27M
Deposits & Other Assets----------
Total Assets
88.95M71.71M56.54M51.76M46.68M48.38M45.94M42.29M39.67M38.74M
Notes Payable----------
Accounts Payable2.96M1.91M1.82M1.82M1.38M1.31M1.1M1.6M1.61M1.53M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses2.42M3.7M3.36M2.37M1.57M3.26M2.44M1.95M1.23M2.06M
Income Taxes Payable----------
Other Current Liabilities6.46M3.9M4.33M4.02M3.11M3.74M4.46M4.13M4.54M3.8M
Total Current Liabilities
11.84M9.53M9.51M8.21M6.06M8.32M8.01M7.68M7.38M7.4M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt----------
Non-Current Capital Leases----------
Other Long-Term Liabilities4.61M---------
Total Liabilities
16.55M10.31M10.39M8.95M6.75M8.9M8.96M8.65M8.31M8.31M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus87.02M78.67M76.45M74.06M72.48M71.03M69.51M66.97M65.31M63.9M
Retained Earnings-14.93M-17.45M-30.31M-30.93M-32.14M-31.54M-32.5M-33.24M-33.82M-33.5M
Treasury Stock----------
Other Liabilities---0.03M-0.35M-0.43M-0.04M-0.06M-0.12M-0.15M-
Shareholders Equity72.4M61.4M46.14M42.81M39.93M39.48M36.97M33.64M31.36M30.43M
Total Liabilities & Shareholders Equity88.95M71.71M56.54M51.76M46.68M48.38M45.94M42.29M39.67M38.74M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

Apart from balance sheet items, an investor would do well to keep track of the Mitek stock price by looking at Mitek historical stock prices. One can compare PE with industry average by looking at the Mitek PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Mitek 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 MITK stock as of 2018 Q1 is $88.95M. 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: This item on the balance sheet implies the firm's, in this case Mitek's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for MITK stock stand at $16.55M.

Mitek Balance Sheet - Key Ratios

Current ratio
3.98
Debt to equity ratio
0
Asset turnover ratio
0.61
Receivables turnover
8.1
Price to book ratio
5.11

Quarterly Balance Sheets For Mitek Systems, Inc. Peers

Ellie Mae balance sheet, Fair Isaac balance sheet, Veritec balance sheet, Yodlee balance sheet