Singing Machine Balance Sheet - Quarterly (OTCBB:SMDM)

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$0.49 $0.03 (5.77%) SMDM stock closing price Feb 23, 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. 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 Singing Machine stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Singing Machine balance sheet as at the end of 2018 Q3 indicates an asset turnover ratio of 2.48 and debt to equity ratio of 0.56. Also check Singing Machine revenue and Singing Machine operating cash flow for the same period.

View and download Singing Machine 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 Apr - Mar2018 Q32018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q2
Cash---2.3M---2.11M--
Marketable Securities----------
Receivables13.55M29.78M3.31M1.89M9.96M18.77M3.8M1.59M10.93M18.56M
Inventory7.31M14.2M8.66M5.42M5.37M8.62M8.36M3.69M4.07M9.54M
Raw Materials-1.44M2.13M--1.24M1.7M--1.51M
Work In Progress----------
Finished Goods7.77M13.08M6.84M6.12M6.24M8.23M7.49M4.45M4.53M8.56M
Notes Receivable----------
Other Current Assets----------
Total Current Assets
21.39M44.38M12.82M9.73M15.89M28.48M12.83M7.58M16.21M29.16M
Property Plant & Equipment3.41M3.4M3.34M3.15M3.11M3.08M3.07M3M3.01M3M
Accumulated Depreciation2.9M2.82M2.78M2.74M2.7M2.66M2.62M2.57M2.52M2.47M
Net Property Plant & Equipment
----------
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges-1.36M1.78M1.47M1.1M1.73M2.61M2.43M1.15M1.64M
Intangibles----------
Deposits & Other Assets----------
Total Assets
22.84M46.33M15.17M11.63M17.42M30.65M15.91M10.46M17.87M31.34M
Notes Payable-------1.09M--
Accounts Payable4.39M22.19M4.52M1.38M1.49M10.14M6.32M-2.14M9.26M
Current Portion Long-Term Debt4.54M11.57M1.13M1.92M4.19M10.02M--1.79M8.54M
Current Portion Capital Leases----------
Accrued Expenses2.75M1.95M--2.06M1.96M--2.06M1.67M
Income Taxes Payable----------
Other Current Liabilities1.66M1.54M--1.07M-1.13M-2.58M4.44M
Total Current Liabilities
13.33M37.78M7.23M4.19M9.01M23.58M8.75M2.88M9.42M24.9M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt------1.92M1.92M1.92M1.92M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
13.82M38.51M8.2M4.19M9.01M23.58M10.68M4.8M11.34M26.82M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus19.58M19.52M19.46M19.41M19.4M19.37M19.34M19.33M19.32M19.31M
Retained Earnings-10.94M-12.09M-12.88M-12.35M-11.37M-12.68M-14.49M-14.05M-13.17M-15.18M
Treasury Stock----------
Other Liabilities--------0.01M--
Shareholders Equity9.02M7.81M6.97M7.44M8.41M7.07M5.23M5.65M6.52M4.51M
Total Liabilities & Shareholders Equity22.84M46.33M15.17M11.63M17.42M30.65M15.91M10.46M17.87M31.34M
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: Anything that the Singing Machine company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Singing Machine had total assets of $22.84M.
  • 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 Singing Machine is $13.82M. Shareholders equity comes under liabilities as it is money the company owes the holders of SMDM stock.

Singing Machine Balance Sheet - Key Ratios

Current ratio
1.61
Debt to equity ratio
0.56
Asset turnover ratio
2.48
Receivables turnover
5.28
Price to book ratio
2.37