Spartan Motors Balance Sheet - Annual (NASDAQ:SPAR)

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$15.3 $0.1 (0.66%) SPAR stock closing price Jul 16, 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 Spartan Motors stock analysis. As in our Spartan Motors stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Annual results are typically accompanied with the company releasing financial statements. Spartan Motors had a long term debt of $17.92M at the end of 2017. To understand the debt servicing capacity of the company, one needs to look at Spartan Motors operating cash flow and Spartan Motors revenue also. Spartan Motors debt to equity ratio is 0.1.

View latest 10 year balance sheet data to check Spartan Motors financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash33.52M32.04M32.7M28.57M30.7M21.74M31.67M14.5M18.47M13.74M
Marketable Securities---------5.45M
Receivables83.14M66.72M58.37M50.05M49.2M50.15M41.52M55.43M50.58M75.93M
Inventory77.69M58.89M60.55M71.16M81.41M67.59M66.99M60.16M102.4M86.64M
Raw Materials48.09M35.45M35.28M41.07M41.09M43.4M37.27M37.86M73.73M59.26M
Work In Progress15.98M14.06M11.69M16.69M25.45M11.96M18.51M9.52M14.62M17.49M
Finished Goods15.53M12.74M16.81M16.98M17.16M15.27M14.76M16.45M16.96M12.46M
Notes Receivable----------
Other Current Assets4.42M4.52M6.67M11.46M9.4M13.03M8.88M9.85M10.64M9.68M
Total Current Assets
198.78M162.19M158.3M161.25M170.72M152.52M149.06M139.95M182.11M191.46M
Property Plant & Equipment140.89M130.08M124.71M122.46M121.03M119.25M119.99M118.7M120.63M100.4M
Accumulated Depreciation85.72M76.97M77.39M72.04M66.76M60.12M54.59M47.44M40.4M33.61M
Net Property Plant & Equipment
55.17M53.11M47.32M50.41M54.27M59.12M65.39M71.26M80.22M66.78M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges7.28M3.31M--------
Intangibles36.84M22.34M23.05M24.91M26.05M31.86M32.75M29.36M29.89M2.45M
Deposits & Other Assets3.07M2.33M1.99M2.22M2.22M1.63M1.38M1.16M1.04M-
Total Assets
301.16M243.29M230.67M238.81M253.28M245.15M248.6M241.74M293.27M261.14M
Notes Payable----------
Accounts Payable40.64M31.33M27.31M22.76M30.52M23M21.64M17.97M20.13M21.77M
Current Portion Long-Term Debt--------11.14M10.63M
Current Portion Capital Leases----------
Accrued Expenses31.53M32.52M27.97M19.62M16.2M16.1M13.01M12.22M15.44M23.89M
Income Taxes Payable---------1.97M
Other Current Liabilities37.49M23.8M17.01M18.17M23.33M14.49M15.67M11.43M18.29M14.5M
Total Current Liabilities
109.73M87.72M72.37M60.62M70.15M53.69M50.39M41.72M65.02M72.78M
Mortgages----------
Deferred Taxes/Income--2.52M2M3.2M4.45M7.35M7.64M8.34M-
Convertible Debt----------
Long-Term Debt17.92M-5.12M5.2M5.26M5.2M5.08M5.12M35.2M16.55M
Non-Current Capital Leases----------
Other Long-Term Liabilities5.23M2.54M2.16M2.36M3.1M3.07M2.93M4.28M4.18M1.15M
Total Liabilities
132.89M90.34M82.18M70.19M81.73M66.42M65.77M58.77M112.75M90.49M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus79.72M76.83M76.47M75.69M75.07M72.87M71.14M68.71M67.09M64.6M
Retained Earnings88.85M76.42M72.32M92.72M96.13M105.51M111.35M113.93M113.09M105.71M
Treasury Stock----------
Other Liabilities-0.65M-0.65M-0.65M-0.14M------
Shareholders Equity168.26M152.95M148.49M168.61M171.55M178.72M182.83M182.97M180.52M170.64M
Total Liabilities & Shareholders Equity301.16M243.29M230.67M238.81M253.28M245.15M248.6M241.74M293.27M261.14M
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 Spartan Motors stock price by looking at Spartan Motors historical stock prices. One can compare PE with industry average by looking at the Spartan Motors PE ratio chart. The common balance sheet items are:

  • Assets: Anything that the Spartan Motors 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. Spartan Motors had total assets of $301.16M.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Spartan Motors's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SPAR stock stand at $132.89M.

Spartan Motors Balance Sheet - Key Ratios

Current ratio
1.88
Debt to equity ratio
0.1
Asset turnover ratio
2.27
Receivables turnover
8.76
Price to book ratio
3.28