Takung Art Balance Sheet - Annual (NYSEMKT:TKAT)

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$1.07 $0.32 (23.02%) TKAT stock closing price Aug 14, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Takung Art balance sheet. 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 Takung Art stock analysis. Annual results are typically accompanied with the company releasing financial statements. Takung Art balance sheet indicates an asset turnover ratio of 0.29 and debt to equity ratio of 0.39. Also check Takung Art revenue and Takung Art operating cash flow for the same period.

View latest 10 year balance sheet data to check Takung Art financial performance.
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Fiscal year is Jan - Dec2017201620152014
Cash37.14M35.13M26.96M9.22M
Marketable Securities----
Receivables2.29M3.05M--
Inventory----
Raw Materials----
Work In Progress----
Finished Goods----
Notes Receivable7.83M6.37M--
Other Current Assets2.3M-1.36M-
Total Current Assets
49.56M45.53M28.51M10.06M
Property Plant & Equipment4.07M-1.83M1.31M
Accumulated Depreciation1.88M---
Net Property Plant & Equipment
2.19M2.06M1.21M1.03M
Investment & Advances----
Other Non-Current Assets----
Deferred Charges----
Intangibles----
Deposits & Other Assets----
Total Assets
52.82M48.29M29.74M11.12M
Notes Payable7.2M6.3M--
Accounts Payable-1.03M-1.89M
Current Portion Long-Term Debt----
Current Portion Capital Leases----
Accrued Expenses1.77M1.15M1.56M-
Income Taxes Payable----
Other Current Liabilities25.44M22.1M16.19M6.86M
Total Current Liabilities
34.91M30.6M18.42M9M
Mortgages----
Deferred Taxes/Income----
Convertible Debt----
Long-Term Debt----
Non-Current Capital Leases----
Other Long-Term Liabilities----
Total Liabilities
34.91M30.66M18.47M9.07M
Minority Interest----
Preferred Stock----
Common Stock Net----
Capital Surplus6.11M5.53M4.46M2.57M
Retained Earnings12.11M13.17M6.8M1.36M
Treasury Stock----
Other Liabilities-0.32M-1.08M--1.89M
Shareholders Equity17.91M17.63M11.27M2.04M
Total Liabilities & Shareholders Equity52.82M48.29M29.74M11.12M
All figures in USD. M: Millions of USD, B: Billions of USD.

The latest Takung Art stock price, and Takung Art historical stock prices show the stock price movement over time, and the Takung Art PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: An asset is a resource that a corporation like Takung Art owns and has monetary significance. TKAT assets grew from $48.29M in 2016 to $52.82M in 2017. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • 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 Takung Art is $34.91M. Shareholders' equity comes under liabilities as it is money the company owes the holders of TKAT stock.

Takung Art Balance Sheet - Key Ratios

Current ratio
1.41
Debt to equity ratio
0.39
Asset turnover ratio
0.29
Receivables turnover
5.02
Price to book ratio
0.63