Virco Manufacturing Balance Sheet - Annual (NASDAQ:VIRC)

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$4.85 $0.15 (3%) VIRC stock closing price Aug 20, 2018 (Closing)

A thorough fundamental analysis involves using data from Virco Manufacturing balance sheet, apart from other financial statements, to value the business. 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 Virco Manufacturing stock analysis. A company releases its balance sheet every year along with its annual results. Virco Manufacturing had a long term debt of $12M at the end of 2018. To understand the debt servicing capacity of the company, one needs to look at Virco Manufacturing operating cash flow and Virco Manufacturing revenue also. Virco Manufacturing debt to equity ratio is 0.69.

View latest 10 year balance sheet data to check Virco Manufacturing financial performance.
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Quarterly
Annual
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Fiscal year is Feb - Jan2018201720162015201420132012201120102009
Cash----1.05M-2.89M1.52M1.04M4.38M
Marketable Securities----------
Receivables11.58M10.4M10.28M10.92M8.81M9.12M13.46M10.99M14.26M14.6M
Inventory42.05M35.68M34.6M26.67M27.78M25.31M27.79M35.37M36.67M32.98M
Raw Materials12.37M11.02M10.92M9.58M9.42M9.3M10.89M11.98M7.33M7.41M
Work In Progress16.62M13.48M13.44M11.48M11.11M11.04M10.62M13.77M18.65M14.84M
Finished Goods13.05M11.17M10.23M5.6M7.23M4.96M6.27M9.61M10.68M10.72M
Notes Receivable----------
Other Current Assets1.53M1.61M1.07M-1.99M1.66M1.65M1.61M4.92M5.82M
Total Current Assets
55.71M48.49M46.77M38.97M39.63M36.96M45.8M49.51M56.9M57.79M
Property Plant & Equipment159.41M149.1M153.81M161.53M168.12M172.44M173.41M172.4M170.23M169.73M
Accumulated Depreciation116.97M114.78M118.99M126.31M131.81M135.56M134.2M130.34M125.8M125.12M
Net Property Plant & Equipment
42.44M34.32M34.82M35.22M36.3M36.88M39.2M42.06M44.43M44.61M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges10.09M17M---1.48M2.2M2.6M10.5M9.37M
Intangibles----------
Deposits & Other Assets8.37M8.36M7.14M6.99M6.78M6.83M7M6.4M6.25M6.28M
Total Assets
116.62M108.18M89.43M81.81M83.34M82.16M94.22M100.58M118.1M118.07M
Notes Payable--------2.36M4.99M
Accounts Payable14.1M12.38M12.98M9.9M12.35M11.86M11.68M8.38M11.64M10.72M
Current Portion Long-Term Debt4.68M--3.36M2.24M4.05M5.49M---
Current Portion Capital Leases----------
Accrued Expenses8.93M9.12M9.13M8.13M8.05M7.94M8.43M9.07M8.91M11.87M
Income Taxes Payable------1.22M1.39M--
Other Current Liabilities-------1.15M--
Total Current Liabilities
27.72M21.58M22.77M21.4M22.65M24.43M26.84M20.01M22.92M27.66M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt12M4.94M6.09M6.15M6M-6.01M6.51M6.91M-
Non-Current Capital Leases----------
Other Long-Term Liabilities18.18M22.3M27.24M31.68M27.08M30.7M30.47M23.65M23.32M24.2M
Total Liabilities
57.91M48.83M56.12M59.23M55.73M55.14M63.32M50.18M53.16M51.91M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus117.46M116.97M116.63M116.34M115.97M115.67M115.06M114.46M114.15M114.06M
Retained Earnings-49.64M-46.38M-69.14M-73.69M-74.54M-72.81M-68.98M-54.46M-39.78M-38.66M
Treasury Stock----------
Other Liabilities-9.25M-11.39M-14.33M-20.23M-13.98M-15.98M-15.32M-9.74M-9.57M-9.38M
Shareholders Equity58.71M59.35M33.31M22.57M27.6M27.02M30.89M50.4M64.93M66.16M
Total Liabilities & Shareholders Equity116.62M108.18M89.43M81.81M83.34M82.16M94.22M100.58M118.1M118.07M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Virco Manufacturing stock price, and Virco Manufacturing historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Virco Manufacturing PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Virco Manufacturing 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. Virco Manufacturing had total assets of $116.62M.
  • Liabilities: The total liabilities of Virco Manufacturing for the year 2018 total to $57.91M. Liabilities for a company like Virco Manufacturing include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Virco Manufacturing Balance Sheet - Key Ratios

Current ratio
1.51
Debt to equity ratio
0.69
Asset turnover ratio
0.71
Receivables turnover
10.15
Price to book ratio
1.28