Tandy Leather Factory Balance Sheet - Quarterly (NASDAQ:TLF)
The financial analysis of a company like Tandy Leather Factory involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our Tandy Leather Factory 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. Quarterly results are typically accompanied with the company releasing financial statements. Tandy Leather Factory had a long term debt of $6.75M at the end of 2017 Q4. To understand the debt servicing capacity of the company, one needs to look at Tandy Leather Factory operating cash flow and Tandy Leather Factory revenue also. Tandy Leather Factory debt to equity ratio is 0.12.
View and download Tandy Leather Factory quarterly results to get the balance sheet details for the latest 40 quarters data.| Fiscal year is Jan - Dec | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 |
| Cash | 18.33M | 12.17M | 14.84M | 16.4M | 16.86M | 11.44M | 9.83M | 11.44M | 10.96M | 7.24M |
| Marketable Securities | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - |
| Inventory | 37.31M | 41.14M | 37.32M | 34.38M | 33.17M | 37.12M | 36.3M | 33.63M | 33.58M | 35.05M |
| Raw Materials | 2.48M | 2.35M | 3.66M | 3.28M | 2.49M | 3.12M | 3.25M | 2.75M | 3.09M | 2.76M |
| Work In Progress | - | - | - | - | - | - | - | - | - | - |
| Finished Goods | 34.82M | 38.78M | 33.66M | 31.09M | 30.68M | 33.99M | 33.04M | 30.87M | 30.48M | 32.29M |
| Notes Receivable | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.7M | 2.95M | 2.07M | 2.44M | 2.71M | 3.46M | 2.87M | 2.28M | 2.46M | 3.11M |
Total Current Assets | 57.81M | 56.8M | 54.74M | 53.76M | 53.31M | 52.55M | 49.56M | 48.04M | 47.56M | 46M |
| Property Plant & Equipment | 27.21M | 27.06M | 26.58M | 26.15M | 25.53M | 25.39M | 24.76M | 24.54M | 23.99M | 23.24M |
| Accumulated Depreciation | 11.75M | 11.29M | 10.83M | 10.35M | 9.88M | 9.46M | 9.02M | 8.65M | 8.29M | 7.97M |
Net Property Plant & Equipment | 15.46M | 15.76M | 15.75M | 15.8M | 15.65M | 15.93M | 15.73M | 15.89M | 15.69M | 15.27M |
| Investment & Advances | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - |
| Deferred Charges | - | - | - | - | - | - | - | - | - | - |
| Intangibles | - | - | - | - | - | - | - | - | - | - |
| Deposits & Other Assets | - | - | - | - | - | - | - | - | - | - |
Total Assets | 74.91M | 74.37M | 72.24M | 71.26M | 70.65M | 69.79M | 66.61M | 65.25M | 64.56M | 62.6M |
| Notes Payable | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | 1.41M | 2.56M | 1.48M | 2.42M | 1.62M | 1.98M | 1.39M | 1.92M | 1.98M | 2.49M |
| Current Portion Long-Term Debt | - | - | 1.53M | 1.07M | - | - | 1.38M | - | - | - |
| Current Portion Capital Leases | - | - | - | - | - | - | - | - | - | - |
| Accrued Expenses | 4.95M | 4.61M | 4.47M | 4.21M | 5.93M | 6.52M | 4.97M | 4.57M | 6.04M | 6.39M |
| Income Taxes Payable | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - | - | - | - | - | - |
Total Current Liabilities | 6.98M | 7.4M | 7.56M | 7.79M | 8.24M | 8.73M | 7.82M | 7.38M | 8.33M | 8.89M |
| Mortgages | - | - | - | - | - | - | - | - | - | - |
| Deferred Taxes/Income | 1.63M | 1.81M | 1.83M | 1.85M | 1.95M | 1.75M | 1.72M | 1.73M | 1.7M | 1.36M |
| Convertible Debt | - | - | - | - | - | - | - | - | - | - |
| Long-Term Debt | 6.75M | 7.21M | 5.83M | 6.29M | 6.75M | 7.21M | 5.98M | 5.75M | 3.47M | 3.71M |
| Non-Current Capital Leases | - | - | - | - | - | - | - | - | - | - |
| Other Long-Term Liabilities | - | - | - | - | - | - | - | - | - | - |
Total Liabilities | 15.37M | 16.44M | 15.23M | 15.94M | 16.95M | 17.78M | 15.61M | 14.95M | 13.59M | 13.96M |
| Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Preferred Stock | - | - | - | - | - | - | - | - | - | - |
| Common Stock Net | - | - | - | - | - | - | - | - | - | - |
| Capital Surplus | 6.83M | 6.79M | 6.76M | 6.41M | 6.36M | 6.32M | 6.28M | 6.21M | 6.16M | 6.12M |
| Retained Earnings | 63.92M | 62.24M | 61.72M | 60.7M | 59.46M | 57.4M | 56.4M | 54.58M | 53.06M | 50.72M |
| Treasury Stock | 10.27M | 10.27M | 10.27M | 10.27M | 10.27M | 10.27M | 10.27M | 9.47M | 6.6M | 6.6M |
| Other Liabilities | -0.96M | -0.86M | -1.23M | -1.53M | -1.89M | -1.46M | -1.43M | -1.05M | -1.68M | -1.64M |
| Shareholders Equity | 59.53M | 57.93M | 57M | 55.32M | 53.69M | 52.01M | 51M | 50.3M | 50.97M | 48.63M |
| Total Liabilities & Shareholders Equity | 74.91M | 74.37M | 72.24M | 71.26M | 70.65M | 69.79M | 66.61M | 65.25M | 64.56M | 62.6M |
Most investors just check the Tandy Leather Factory stock price, and Tandy Leather Factory historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Tandy Leather Factory PE ratio chart. Below is a brief explanation of common balance sheet terms:
- Assets: An asset is a resource that a corporation like Tandy Leather Factory owns and has monetary significance. TLF assets grew from $74.37M in 2017 Q3 to $74.91M in 2017 Q4. 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: This item on the balance sheet implies the firm's, in this case Tandy Leather Factory's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for TLF stock stand at $15.37M.