Singing Machine Balance Sheet - Annual (OTCBB:SMDM)

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$0.34 $0.06 (15%) SMDM stock closing price Jun 22, 2018 (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 Singing Machine stock analysis. Financial strength can be guaged by performing Singing Machine stock analysis and by analyzing the balance sheet. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. The balance sheet shows total liabilities of $4.19M and shareholders equity of $7.44M. Singing Machine revenue and Singing Machine operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Singing Machine financial performance.
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Quarterly
Annual
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Fiscal year is Apr - Mar201720162015201420132012201120102009
Cash2.3M2.11M-1.49M1.65M----
Marketable Securities---------
Receivables1.89M1.59M1.6M1.34M1.5M-1.2M--
Inventory5.42M3.69M7.44M5.82M4.12M4M3.01M2.8M4.73M
Raw Materials---------
Work In Progress---------
Finished Goods6.12M4.45M7.86M6.46M4.62M----
Notes Receivable---------
Other Current Assets---------
Total Current Assets
9.73M7.58M9.78M9.35M7.78M5.27M5.02M4.78M7.26M
Property Plant & Equipment3.15M3M2.87M2.83M2.6M----
Accumulated Depreciation2.74M2.57M2.4M2.27M2.12M----
Net Property Plant & Equipment
---------
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges1.47M2.43M1.95M1.79M1.19M----
Intangibles---------
Deposits & Other Assets---------
Total Assets
11.63M10.46M12.21M11.73M9.62M5.73M5.52M5.68M8.32M
Notes Payable-------1.09M-
Accounts Payable1.38M-2.76M1.91M1.13M1.3M1.11M-2.58M
Current Portion Long-Term Debt1.92M--2.5M-----
Current Portion Capital Leases---------
Accrued Expenses---------
Income Taxes Payable---------
Other Current Liabilities--1.98M3.13M2.7M4.81M5.19M3.9M2.69M
Total Current Liabilities
4.19M2.88M5.71M8M4.52M6.29M6.57M6.13M5.72M
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt-1.92M2.52M-2.5M----
Non-Current Capital Leases---------
Other Long-Term Liabilities---------
Total Liabilities
4.19M4.8M8.28M8.02M7.02M6.29M6.57M6.13M5.74M
Minority Interest---------
Preferred Stock---------
Common Stock Net---------
Capital Surplus19.41M19.33M19.3M19.26M19.15M19.14M19.11M19.09M19.07M
Retained Earnings-12.35M-14.05M-15.76M-15.93M-16.93M-20.07M-20.54M-19.92M-16.87M
Treasury Stock---------
Other Liabilities--0.01M-------
Shareholders Equity7.44M5.65M3.92M3.7M2.59M-0.55M-1.04M-0.44M2.57M
Total Liabilities & Shareholders Equity11.63M10.46M12.21M11.73M9.62M5.73M5.52M5.68M8.32M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Singing Machine stock price, and Singing Machine historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Singing Machine PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • 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: This item on the balance sheet implies the firm's, in this case Singing Machine's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SMDM stock stand at $4.19M.

Singing Machine Balance Sheet - Key Ratios

Current ratio
1.61
Debt to equity ratio
0.56
Asset turnover ratio
2.48
Receivables turnover
5.29
Price to book ratio
1.93