Torchlight Energy Balance Sheet - Quarterly (NASDAQ:TRCH)

Add to My Stocks
$1.08 $0.06 (5.88%) TRCH stock closing price Sep 21, 2018 (Closing)

The Torchlight Energy 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. As in our Torchlight Energy 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. The Torchlight Energy balance sheet for 2018 Q2 shows total assets of $36.38M. The company has a asset turnover ratio of 0.03. Also see: Torchlight Energy revenue and Torchlight Energy operating cash flow for the same quarter.

View and download Torchlight Energy quarterly results to get the balance sheet details for the latest 40 quarters data.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash3.14M1.16M1.05M-1.46M-1.76M---
Marketable Securities----------
Receivables----------
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets--1.37M-1.81M--1M--
Total Current Assets
3.65M1.93M3.16M1.05M3.89M1.07M2.99M1.87M1.13M1.41M
Property Plant & Equipment38.65M35.78M31.12M26.7M21.1M19.21M14.84M12.51M12.26M13.88M
Accumulated Depreciation5.93M5.78M5.54M5.52M5.49M5.47M5.45M2.96M2.95M4.63M
Net Property Plant & Equipment
32.71M29.99M25.57M21.18M15.6M13.73M9.39M9.55M9.31M9.25M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Intangibles----------
Deposits & Other Assets----------
Total Assets
36.38M31.95M28.76M22.26M19.53M14.84M12.43M11.48M10.53M10.76M
Notes Payable----------
Accounts Payable---3.53M----2.19M2.69M
Current Portion Long-Term Debt-----3.52M3.47M3.43M3.38M-
Current Portion Capital Leases----------
Accrued Expenses-1.09M--------
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
1.61M2.29M2.27M4.85M1.52M5.16M5.28M5.63M6.65M4.36M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt14.6M14.72M10.51M7.18M7.09M----3.33M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
16.22M17.02M12.8M12.04M8.62M5.16M5.29M5.63M6.65M7.73M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus106.86M100.13M99.4M95.87M95.54M93.26M89.67M66.54M63.97M62.83M
Retained Earnings-86.77M-85.28M-83.5M-85.71M-84.69M-83.64M-82.58M-81.56M-80.68M-76.51M
Treasury Stock----------
Other Liabilities-------20.81M20.54M16.67M
Shareholders Equity20.16M14.92M15.95M10.21M10.91M9.67M7.14M5.85M3.88M3.03M
Total Liabilities & Shareholders Equity36.38M31.95M28.76M22.26M19.53M14.84M12.43M11.48M10.53M10.76M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

Click here to view our Planet Fitness financial analysis

Looking at Torchlight Energy historical stock prices and the current Torchlight Energy stock price can tell you how the stock price has moved, whereas the Torchlight Energy PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: Anything that the Torchlight Energy 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. Torchlight Energy had total assets of $36.38M.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. TRCH stock had total liabilities of $16.22M for the quarter 2018 Q2.

Torchlight Energy Balance Sheet - Key Ratios

Current ratio
2.27
Debt to equity ratio
0.72
Asset turnover ratio
0.03
Receivables turnover
2.26
Price to book ratio
4.65