New Century Bancorp Balance Sheet - Annual (NASDAQ:SLCT)
A thorough fundamental analysis involves using data from New Century Bancorp balance sheet, apart from other financial statements, to value the business. 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 New Century Bancorp stock analysis. Annual results are typically accompanied with the company releasing financial statements. The balance sheet shows total liabilities of $1.06B and shareholders equity of $136.11M. New Century Bancorp revenue and New Century Bancorp operating cash flow are important in understanding the financial capacity of the company.
View latest 10 year balance sheet data to check New Century Bancorp financial performance.| Fiscal year is Jan - Dec | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
| Cash | 61.19M | 54.71M | 62.4M | 57.41M | 72.86M | 113.6M | 77.09M | 35.9M | 28.93M | 31.85M |
| Marketable Securities | 1.5M | 1M | 1M | 1M | - | - | - | - | - | - |
| Receivables | 977.78M | 671.55M | 612.72M | 547.61M | 341.09M | 361.63M | 409.59M | 462.95M | 473.4M | 454.28M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Raw Materials | - | - | - | - | - | - | - | - | - | - |
| Work In Progress | - | - | - | - | - | - | - | - | - | - |
| Finished Goods | - | - | - | - | - | - | - | - | - | - |
| Notes Receivable | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - | - | - | - | - | - |
Total Current Assets | 1.04B | 727.26M | 676.13M | 606.02M | 413.96M | 475.23M | 486.68M | 498.85M | 502.34M | 486.14M |
| Property Plant & Equipment | 26.87M | 25.56M | 25.75M | 23.66M | 16.27M | 15.79M | 15.68M | 17.01M | 15.73M | - |
| Accumulated Depreciation | 8.61M | 7.63M | 6.67M | 6.06M | 5.37M | 4.85M | 4.43M | 4.08M | 3.54M | - |
Net Property Plant & Equipment | 18.26M | 17.93M | 19.07M | 17.59M | 10.9M | 10.93M | 11.24M | 12.93M | 12.19M | 14.67M |
| Investment & Advances | 67.28M | 65.21M | 83.52M | 104.65M | 85.68M | 83.56M | 70.18M | 92.42M | 98.39M | 84.08M |
| Other Non-Current Assets | 1.25M | - | 1.4M | 1.58M | 2M | 2.83M | 4.14M | 3.65M | 2.53M | - |
| Deferred Charges | - | - | - | - | - | - | - | - | - | - |
| Intangibles | 28M | 7.74M | 8.17M | 8.7M | - | - | - | - | - | 9.68M |
| Deposits & Other Assets | 38.74M | 27.89M | 28.7M | 27.56M | 12.9M | 12.57M | 16.84M | 18.32M | 14.1M | 11.18M |
Total Assets | 1.19B | 846.64M | 817.01M | 766.12M | 525.64M | 585.45M | 589.65M | 626.89M | 630.41M | 605.76M |
| Notes Payable | 28.27M | 37.09M | 29.67M | 20.73M | 6.3M | 17.84M | 21.87M | 23.66M | 20.56M | 23.17M |
| Accounts Payable | 995.04M | 679.66M | 651.16M | 618.9M | 448.45M | 498.55M | 501.37M | 534.59M | 540.26M | 505.11M |
| Current Portion Long-Term Debt | - | - | - | - | - | - | - | - | - | - |
| Current Portion Capital Leases | - | - | - | - | - | - | - | - | - | - |
| Accrued Expenses | 15.32M | 2.57M | 2.77M | 3.21M | 2.5M | 2.49M | 2.47M | 2.56M | 2.81M | 2.44M |
| Income Taxes Payable | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - | - | - | - | - | - |
Total Current Liabilities | 1.04B | 719.32M | 683.61M | 642.84M | 457.27M | 518.9M | 525.73M | 560.83M | 563.63M | 530.73M |
| Mortgages | - | - | - | - | - | - | - | - | - | - |
| Deferred Taxes/Income | - | - | - | - | - | - | - | - | - | - |
| Convertible Debt | - | - | - | - | - | - | - | - | - | - |
| Long-Term Debt | 19.37M | 23.03M | 28.7M | 25.59M | 12.37M | 12.37M | 14.37M | 16.37M | 12.37M | 12.37M |
| Non-Current Capital Leases | - | - | - | - | - | - | - | - | - | - |
| Other Long-Term Liabilities | - | - | - | - | - | - | - | - | - | - |
Total Liabilities | 1.06B | 742.36M | 712.31M | 668.43M | 469.64M | 531.27M | 540.1M | 577.2M | 576.01M | 543.1M |
| Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Preferred Stock | - | - | 7.64M | 7.64M | - | - | - | - | - | - |
| Common Stock Net | 14M | 11.64M | 11.58M | 11.37M | 6.92M | 6.91M | 6.86M | 6.91M | 6.83M | 6.83M |
| Capital Surplus | 95.85M | 69.59M | 69.06M | 68.4M | 42.06M | 42M | 41.85M | 41.88M | 41.46M | 41.27M |
| Retained Earnings | 25.85M | 22.67M | 15.92M | 9.44M | 7.12M | 4.18M | -0.45M | -0.28M | 4.66M | 13.11M |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - |
| Other Liabilities | - | - | - | - | -0.1M | 1.07M | 1.28M | 1.17M | 1.43M | 1.43M |
| Shareholders Equity | 136.11M | 104.27M | 104.7M | 97.68M | 56M | 54.17M | 49.54M | 49.69M | 54.4M | 62.65M |
| Total Liabilities & Shareholders Equity | 1.19B | 846.64M | 817.01M | 766.12M | 525.64M | 585.45M | 589.65M | 626.89M | 630.41M | 605.76M |
Most investors just check the New Century Bancorp stock price, and New Century Bancorp historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the New Century Bancorp PE ratio chart. Below is a brief explanation of common balance sheet terms:
- Assets: An asset is a resource that a corporation like New Century Bancorp 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 SLCT stock as of 2017 is $1.19B. 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 New Century Bancorp's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SLCT stock stand at $1.06B.