Takung Art Balance Sheet - Quarterly (NYSEMKT:TKAT)

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$0.98 $0.09 (8.41%) TKAT stock closing price Aug 17, 2018 (Closing)

The Takung Art balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. 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. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Takung Art balance sheet as at the end of 2018 Q1 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 and download Takung Art 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 Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash40.91M37.14M33.94M34.56M34.45M35.13M42.27M29.77M29.46M26.96M
Marketable Securities-------9.78M--
Receivables-2.29M3.73M2.5M3.17M3.05M2.08M---
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable7.88M7.83M6.8M6.68M6.57M6.37M3.51M---
Other Current Assets2.09M2.3M-1.14M----1.56M1.36M
Total Current Assets
51.78M49.56M45.35M44.89M45.13M45.53M49.07M41.19M31.49M28.51M
Property Plant & Equipment4.64M4.07M3.78M3.55M3.26M-2.79M2.7M2.24M1.83M
Accumulated Depreciation2.12M1.88M1.67M1.48M1.3M-----
Net Property Plant & Equipment
2.51M2.19M2.1M2.07M1.96M2.06M1.8M1.84M1.52M1.21M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Intangibles----------
Deposits & Other Assets----------
Total Assets
55.08M52.82M48.3M47.67M47.81M48.29M51.45M43.37M33.04M29.74M
Notes Payable7.2M6.3M--------
Accounts Payable--1.08M--1.03M2.34M---
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses1.35M1.77M1.87M1.85M1.76M1.15M2.99M3.21M1.41M1.56M
Income Taxes Payable----------
Other Current Liabilities28.24M25.44M19.05M20.06M20.75M22.1M25.73M25.93M17.93M16.19M
Total Current Liabilities
36.68M34.91M28.39M28.16M28.87M30.6M34.59M29.15M20.18M18.42M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt----------
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
36.68M34.91M28.43M28.21M28.93M30.66M34.64M29.21M20.22M18.47M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus6.18M6.11M5.92M5.85M5.77M5.53M5.31M5.12M4.9M4.46M
Retained Earnings12.53M12.11M14.22M14.29M14.04M13.17M11.46M9.01M7.89M6.8M
Treasury Stock----------
Other Liabilities-0.33M-0.32M-0.29M-0.69M-0.94M-1.08M----
Shareholders Equity18.39M17.91M19.87M19.45M18.88M17.63M16.8M14.15M12.82M11.27M
Total Liabilities & Shareholders Equity55.08M52.82M48.3M47.67M47.81M48.29M51.45M43.37M33.04M29.74M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Takung Art stock price, and Takung Art historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Takung Art PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Takung Art owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for TKAT stock as of 2018 Q1 is $55.08M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • 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 $36.68M. 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
0.58