SILVERSUN TECH Balance Sheet - Annual (NASDAQ:SSNT)

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$4.25 $0.04 (0.98%) SSNT stock closing price Aug 22, 2017 (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 SILVERSUN TECH 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 SILVERSUN TECH stock analysis. A company releases its balance sheet every quarter along with its quarterly results. SILVERSUN TECH revenue was $34.12M and SILVERSUN TECH operating cash flow was $1.79M for 2016. The balance sheet shows total liabilities of $5.68M and shareholders equity of $4.97M. View latest and last 10 year balance sheet data to check SILVERSUN TECH financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec.201620152014201320122011201020092008
Cash1.62M1.19M1.3M0.76M-0.23M0.1M0.3M0.42M
Marketable Securities---------
Receivables2.5M2.47M2.09M1.57M1.5M0.88M0.48M0.56M0.56M
Inventory-----0.01M0.01M-0.03M
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets1.14M1.22M0.46M0.19M0.13M0.19M0.18M0.03M0.07M
SILVERSUN TECH Total Current Assets
5.27M4.89M3.86M2.53M1.64M1.32M0.79M0.9M1.09M
Property Plant & Equipment1.77M1.5M1.2M1.03M0.93M0.73M0.65M0.58M0.52M
Accumulated Depreciation1.3M1.07M0.91M0.79M0.68M0.59M0.49M0.41M0.33M
SILVERSUN TECH Net Property Plant & Equipment
0.46M0.42M0.29M0.24M0.25M0.13M0.15M0.16M0.19M
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges2.05M0.16M-0.08M-----
Intangibles2.83M2.97M0.86M0.68M0.88M---0.1M
Deposits & Other Assets0.02M0.02M0.02M0.02M0.02M0.05M0.06M0.05M0.02M
SILVERSUN TECH Total Assets
10.65M8.48M5.05M3.56M2.8M1.52M1.02M1.12M1.41M
Notes Payable---0.02M0.19M0.06M0.04M0.12M0.32M
Accounts Payable1.82M1.59M1.39M1.83M1.95M1.26M1.08M1.59M1.86M
Current Portion Long-Term Debt0.3M0.3M0.17M0.17M--2.51M3.11M2.52M
Current Portion Capital Leases0.09M0.09M0.06M0.05M0.08M0.06M0.05M--
Accrued Expenses0.83M0.83M0.8M0.01M0.01M0.01M0.66M--
Income Taxes Payable0.17M0.25M0.07M------
Other Current Liabilities1.87M2.49M2.21M1.71M1.36M1.02M1.77M1.2M1.96M
SILVERSUN TECH Total Current Liabilities
5.11M5.56M4.73M3.81M3.61M2.42M6.13M6.04M6.66M
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt-0.2M-------
Long-Term Debt0.48M0.79M0.24M0.1M-----
Non-Current Capital Leases0.06M0.09M0.06M0.04M-----
Other Long-Term Liabilities0.03M0.27M-------
SILVERSUN TECH Total Liabilities
5.68M6.92M5.04M3.96M3.61M2.42M6.13M6.04M6.66M
Minority Interest---------
Preferred Stock-----0.02M---
Common Stock Net------0.08M0.05M0.04M
Capital Surplus12.17M12.19M11.03M10.8M10.71M9.32M7.76M7.4M5.6M
Retained Earnings-7.2M-10.64M-11.01M-11.2M-11.53M-10.29M-12.91M-12.44M-10.9M
Treasury Stock---------
Other Liabilities-----0.04M-0.04M0.05M-
SILVERSUN TECH Shareholders Equity
4.97M1.55M0.01M-0.39M-0.81M-0.89M-5.11M-4.92M-5.25M
SILVERSUN TECH Total Liabilities & Shareholders Equity
10.65M8.48M5.05M3.56M2.8M1.52M1.02M1.12M1.41M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the SILVERSUN TECH stock price, and SILVERSUN TECH historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the SILVERSUN TECH PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: SSNT total assets, which was at $10.65M for 2016 is a balance sheet item representing value of what SILVERSUN TECH 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 SILVERSUN TECH's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SSNT stock stand at $5.68M.
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SILVERSUN TECH Balance Sheet - Key Ratios

Current ratio
0.98
Debt to Equity ratio
0.16
Asset Turnover
ratio
3.05
receivables turnover
ratio
13.43
PB ratio (
price to book ratio
)
4.4100