Torch Energy Balance Sheet - Annual (OTCMKTS:TRRU)

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$0.08 $0.03 (60%) TRRU stock closing price Dec 23, 2014 (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 Torch Energy stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Torch Energy stock analysis, and provides insights into the firm's financial performance. Annual results are typically accompanied with the company releasing financial statements. The Torch Energy balance sheet for 2010 shows total assets of $14.21M. The company has a asset turnover ratio of . Also see: Torch Energy revenue and Torch Energy operating cash flow for the same year.

View latest 10 year balance sheet data to check Torch Energy financial performance.
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Fiscal year is Jan - Dec201020092008
Cash2.48M2.13M4.69M
Marketable Securities---
Receivables---
Inventory---
Raw Materials---
Work In Progress---
Finished Goods---
Notes Receivable---
Other Current Assets---
Total Current Assets
2.48M2.13M4.69M
Property Plant & Equipment180.6M180.6M180.6M
Accumulated Depreciation168.86M167.48M165.67M
Net Property Plant & Equipment
11.73M13.11M14.93M
Investment & Advances---
Other Non-Current Assets---
Deferred Charges---
Intangibles---
Deposits & Other Assets---
Total Assets
14.21M15.25M19.62M
Notes Payable---
Accounts Payable---
Current Portion Long-Term Debt---
Current Portion Capital Leases---
Accrued Expenses---
Income Taxes Payable---
Other Current Liabilities-2.07M1.97M
Total Current Liabilities
-2.07M1.97M
Mortgages---
Deferred Taxes/Income---
Convertible Debt---
Long-Term Debt---
Non-Current Capital Leases---
Other Long-Term Liabilities---
Total Liabilities
-2.07M1.97M
Minority Interest---
Preferred Stock---
Common Stock Net---
Capital Surplus---
Retained Earnings---
Treasury Stock---
Other Liabilities---
Shareholders Equity13.85M13.17M17.64M
Total Liabilities & Shareholders Equity14.21M15.25M19.62M
All figures in USD. M: Millions of USD, B: Billions of USD.

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Apart from balance sheet items, an investor would do well to keep track of the Torch Energy stock price by looking at Torch Energy historical stock prices. One can compare PE with industry average by looking at the Torch Energy PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Torch Energy 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 TRRU stock as of 2010 is $14.21M. 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 include short term loans and long term loans availed by the company to fund its business operations. TRRU stock had total liabilities of $- for the year 2010.