Ocean Power Balance Sheet - Quarterly (NASDAQ:OPTT)

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$1.09 $0.03 (2.68%) OPTT stock closing price Jun 21, 2018 (Closing)

The Ocean Power 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. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Ocean Power stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Ocean Power had a long term debt of $- at the end of 2018 Q3. To understand the debt servicing capacity of the company, one needs to look at Ocean Power operating cash flow and Ocean Power revenue also. Ocean Power debt to equity ratio is 0.

View and download Ocean Power 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 May - Apr2018 Q32018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q3
Cash14.75M16.67M11.77M8.75M11.4M12.81M9.29M7.02M9.79M
Marketable Securities---------
Receivables-----2.6M2.7M2.53M-
Inventory---------
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets---------
Total Current Assets
15.89M17.77M12.78M9.74M12.09M15.83M12.55M9.75M10.1M
Property Plant & Equipment---1.8M---1.77M-
Accumulated Depreciation---1.63M---1.49M-
Net Property Plant & Equipment
---------
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges---------
Intangibles---------
Deposits & Other Assets---------
Total Assets
16.7M18.11M13.08M10.07M12.42M16.37M13.12M10.35M10.6M
Notes Payable---------
Accounts Payable---------
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses1.68M1.54M1.53M3.05M3.12M2.88M3.38M2.67M2.71M
Income Taxes Payable---------
Other Current Liabilities1.19M1.2M1.23M-1.25M3.04M5.06M3.03M-
Total Current Liabilities
3.14M3.1M2.98M4.6M4.59M6.1M9.14M6.16M3.24M
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt---------
Non-Current Capital Leases---------
Other Long-Term Liabilities---------
Total Liabilities
3.28M3.11M2.99M4.62M4.62M6.74M9.79M6.82M3.84M
Minority Interest---------
Preferred Stock---------
Common Stock Net---------
Capital Surplus208.13M208.05M200.54M193.23M193M192.63M185.33M181.67M180.95M
Retained Earnings-194.28M-192.62M-190.04M-187.37M-184.79M-182.67M-181.71M-177.88M-173.9M
Treasury Stock---------
Other Liabilities-0.14M-0.15M-0.13M-0.16M-0.16M-0.16M-0.15M-0.12M-0.15M
Shareholders Equity13.42M15M10.08M5.44M7.79M9.62M3.33M3.52M6.76M
Total Liabilities & Shareholders Equity16.7M18.11M13.08M10.07M12.42M16.37M13.12M10.35M10.6M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Ocean Power stock price, and Ocean Power historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Ocean Power PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Ocean Power 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 OPTT stock as of 2018 Q3 is $16.7M. 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 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 Ocean Power is $3.28M. Shareholders equity comes under liabilities as it is money the company owes the holders of OPTT stock.

Ocean Power Balance Sheet - Key Ratios

Current ratio
5.06
Debt to equity ratio
0
Asset turnover ratio
0
Receivables turnover
1.39
Price to book ratio
1.97