Virtusa Balance Sheet - Quarterly (NASDAQ:VRTU)

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$49.18 $0.37 (0.75%) VRTU stock closing price Mar 16, 2018 (Closing)

The financial analysis of a company like Virtusa involves checking the three financial statements of the company in detail, of which the balance sheet is one. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Virtusa stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. Apart from analyzing Virtusa revenue Virtusa operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Virtusa balance sheet for 2018 Q3 shows cash on hand of $226.98M. The company has a debt to equity ratio of 0.19.

View and download Virtusa quarterly results to get the balance sheet details for the latest 40 quarters data.
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Fiscal year is Apr - Mar2018 Q32018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q2
Marketable Securities66.54M76.66M62.43M72.02M80.73M42.53M48.12M53.91M59.37M96.28M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets56.06M63.24M68.58M61.55M56.96M48.5M44.07M35.36M32.17M32.25M
Total Current Assets
Property Plant & Equipment---176.54M167.9M153.98M159.51M159M81.8M79.83M
Accumulated Depreciation---57.65M53.33M40.11M44.99M42.72M41.19M39.14M
Net Property Plant & Equipment
Investment & Advances12.32M16.77M20.36M21.76M24.21M28.7M22.18M31.68M22.08M24.88M
Other Non-Current Assets----------
Deferred Charges26.77M27.23M23.54M23.09M19.63M13.97M15.5M15.89M4.84M5.47M
Deposits & Other Assets12.51M9.31M9.14M9.98M9.36M17.15M17.29M20.1M5.5M5.6M
Total Assets
Notes Payable----------
Accounts Payable22.07M22.25M22.17M20.51M30.7M25.11M23.76M27.45M12.4M11.01M
Current Portion Long-Term Debt---8.87M8.87M8.87M8.87M8.88M--
Current Portion Capital Leases----------
Accrued Expenses94.95M89.8M78.89M85.83M68.23M69.8M65.92M96.66M61.14M64.98M
Income Taxes Payable4.01M3.78M3.81M3.06M2.88M1.78M2.41M2.3M1.93M1.51M
Other Current Liabilities9.91M9.75M9.78M7.47M10.87M8.55M5.95M5.97M--
Total Current Liabilities
Deferred Taxes/Income23.16M23.56M25.39M26.68M25.21M16.75M16.8M16.12M1.95M1.86M
Convertible Debt----------
Long-Term Debt130.44M105.15M104.86M176.72M178.93M181.15M183.37M185.63M--
Non-Current Capital Leases----------
Other Long-Term Liabilities23.24M9.73M10.2M9.23M8.79M9.26M9.8M9.03M2.95M3.62M
Total Liabilities
Minority Interest----------
Preferred Stock106.96M106.91M106.87M-------
Common Stock Net----------
Capital Surplus326.66M316.79M310.52M305.38M301.23M302.14M297.79M297.62M291.99M287.92M
Retained Earnings236.22M247.36M243.68M240.72M230.26M225.82M222.61M228.87M216.58M205.26M
Treasury Stock39.65M39.65M36.97M9.65M9.65M9.65M9.65M9.65M9.65M9.65M
Other Liabilities578.83M48.56M49.11M48.23M35.84M26.44M21.57M110.8M-45.99M-44.19M
Shareholders Equity685.78M680.3M673.55M585.01M558.01M545.08M532.64M627.95M453.24M439.65M
Total Liabilities & Shareholders Equity993.56M944.35M928.69M923.42M892.51M866.38M849.56M980.01M533.64M522.66M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Virtusa historical stock prices and the current Virtusa stock price can tell you how the stock price has moved, whereas the Virtusa 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: An asset is a resource that a corporation like Virtusa 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 VRTU stock as of 2018 Q3 is $993.56M. 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: This item on the balance sheet implies the firm's, in this case Virtusa's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for VRTU stock stand at $307.77M.

Virtusa Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio