Worldgate Communications Balance Sheet - Annual (OTCMKTS:WGATQ)

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$0 $0 (0%) WGATQ stock closing price Jul 07, 2014 (Closing)

A thorough fundamental analysis involves using data from Worldgate Communications 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 Worldgate Communications stock analysis. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The balance sheet shows total liabilities of $10.31M and shareholders equity of $-2.23M. Worldgate Communications revenue and Worldgate Communications operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Worldgate Communications financial performance.
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Fiscal year is Jan - Dec201020092008
Cash---
Marketable Securities---
Receivables--1.02M
Inventory--1.17M
Raw Materials---
Work In Progress---
Finished Goods---
Notes Receivable---
Other Current Assets---
Total Current Assets
1.39M1.66M2.78M
Property Plant & Equipment---
Accumulated Depreciation---
Net Property Plant & Equipment
---
Investment & Advances---
Other Non-Current Assets---
Deferred Charges5.76M--
Intangibles---
Deposits & Other Assets---
Total Assets
8.07M2.4M3.08M
Notes Payable4.44M-1.79M
Accounts Payable1.99M-1.75M
Current Portion Long-Term Debt---
Current Portion Capital Leases---
Accrued Expenses--1.59M
Income Taxes Payable---
Other Current Liabilities3.11M1.73M6.13M
Total Current Liabilities
10.31M3.03M11.27M
Mortgages---
Deferred Taxes/Income---
Convertible Debt---
Long-Term Debt-1.4M-
Non-Current Capital Leases---
Other Long-Term Liabilities---
Total Liabilities
10.31M4.43M11.27M
Minority Interest---
Preferred Stock---
Common Stock Net3.39M3.38M1.18M
Capital Surplus282.83M270.33M261.47M
Retained Earnings-288.46M-275.74M-270.85M
Treasury Stock---
Other Liabilities---
Shareholders Equity-2.23M-2.03M-8.19M
Total Liabilities & Shareholders Equity8.07M2.4M3.08M
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Worldgate Communications historical stock prices and the current Worldgate Communications stock price can tell you how the stock price has moved, whereas the Worldgate Communications 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: WGATQ total assets, which was at $8.07M for 2010 is a balance sheet item representing value of what Worldgate Communications owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: The total liabilities of Worldgate Communications for the year 2010 total to $10.31M. Liabilities for a company like Worldgate Communications 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.