Singing Machine Balance Sheet - Annual (OTCMKTS:SMDM)

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$0.45 $0.02 (4.65%) SMDM stock closing price Sep 22, 2017 (Closing)

The fundamental analysis of this company requires a thorough look at Singing Machine balance sheet. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Singing Machine stock analysis, and provides insights into the firm's financial performance. A company releases its balance sheet every quarter along with its quarterly results. Singing Machine balance sheet as at the end of 2017 indicates an asset turnover ratio of 1.18M and debt to equity ratio of 0.38M. Whereas, Singing Machine revenue was $52.91M and Singing Machine operating cash flow was $1.01M for the same period. View latest 0 year balance sheet data to check Singing Machine financial performance.

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Quarterly
Annual
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Fiscal year is Apr - Mar.2017201620152014201320122011201020092008
Cash2.3M2.11M0.11M1.49M1.65M0.26M0.67M0.86M0.95M0.44M
Marketable Securities----------
Receivables1.89M1.59M1.6M1.34M1.5M0.94M1.2M0.98M0.97M1.96M
Inventory5.42M3.69M7.44M5.82M4.12M4M3.01M2.8M4.73M3.51M
Raw Materials----------
Work In Progress----------
Finished Goods6.12M4.45M7.86M6.46M4.62M-----
Notes Receivable----------
Other Current Assets0.1M0.18M0.61M0.69M0.5M0.05M0.13M0.13M0.6M0.54M
Singing Machine Total Current Assets
9.73M7.58M9.78M9.35M7.78M5.27M5.02M4.78M7.26M6.46M
Property Plant & Equipment3.15M3M2.87M2.83M2.6M-----
Accumulated Depreciation2.74M2.57M2.4M2.27M2.12M-----
Singing Machine Net Property Plant & Equipment
0.41M0.43M0.46M0.56M0.48M0.29M0.33M0.73M0.88M0.59M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges1.47M2.43M1.95M1.79M1.19M-----
Intangibles----------
Deposits & Other Assets0.01M0.01M0.01M0.01M0.15M0.15M0.16M0.16M0.17M0.16M
Singing Machine Total Assets
11.63M10.46M12.21M11.73M9.62M5.73M5.52M5.68M8.32M7.23M
Notes Payable-0.69M0.49M----1.09M--
Accounts Payable1.38M0.72M2.76M1.91M1.13M1.3M1.11M0.89M2.58M1.14M
Current Portion Long-Term Debt1.92M--2.5M--0.01M0.01M0.01M-
Current Portion Capital Leases--0.01M0.01M------
Accrued Expenses0.62M0.65M0.45M0.44M0.68M0.16M0.25M0.22M0.42M0.4M
Income Taxes Payable----------
Other Current Liabilities0.26M0.81M1.98M3.13M2.7M4.81M5.19M3.9M2.69M1.61M
Singing Machine Total Current Liabilities
4.19M2.88M5.71M8M4.52M6.29M6.57M6.13M5.72M3.16M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt-1.92M2.52M0.01M2.5M--0.01M0.02M-
Non-Current Capital Leases----------
Other Long-Term Liabilities--0.04M-------
Singing Machine Total Liabilities
4.19M4.8M8.28M8.02M7.02M6.29M6.57M6.13M5.74M3.16M
Minority Interest----------
Preferred Stock----------
Common Stock Net0.38M0.38M0.38M0.38M0.38M0.37M0.37M0.37M0.37M0.31M
Capital Surplus19.41M19.33M19.3M19.26M19.15M19.14M19.11M19.09M19.07M18.43M
Retained Earnings-12.35M-14.05M-15.76M-15.93M-16.93M-20.07M-20.54M-19.92M-16.87M-14.68M
Treasury Stock----------
Other Liabilities--0.01M--------
Singing Machine Shareholders Equity
7.44M5.65M3.92M3.7M2.59M-0.55M-1.04M-0.44M2.57M4.06M
Singing Machine Total Liabilities & Shareholders Equity
11.63M10.46M12.21M11.73M9.62M5.73M5.52M5.68M8.32M7.23M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Singing Machine stock price by looking at Singing Machine historical stock prices. One can compare PE with industry average by looking at the Singing Machine PE ratio chart. The common balance sheet items are:
  • Assets: SMDM total assets, which was at $11.63M for 2017 is a balance sheet item representing value of what Singing Machine owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: The total liabilities of Singing Machine for 2017 total to $4.19M. Liabilities for a company like Singing Machine include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
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Singing Machine Balance Sheet - Key Ratios

Current ratio
1.77
Debt to equity ratio
0.38
Asset turnover ratio
1.18
Receivables turnover
6.89
price to book ratio
2.45