Worldgate Communications Balance Sheet - Annual (OTCMKTS:WGATQ)

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

The Worldgate Communications 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. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Worldgate Communications stock analysis. A company releases its balance sheet every quarter along with its quarterly results. Whereas, Worldgate Communications revenue was $17.78M and Worldgate Communications operating cash flow was $-2.53M for the same period. View latest and last 10 year balance sheet data to check Worldgate Communications financial performance..

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Fiscal year is Jan - Dec. 2010 2009 2008 2007
Marketable Securities----
Raw Materials----
Work In Progress----
Finished Goods----
Notes Receivable----
Other Current Assets0.21M0.29M0.16M0.18M
Worldgate Communications Total Current Assets
Property Plant & Equipment---4.62M
Accumulated Depreciation---3.83M
Worldgate Communications Net Property Plant & Equipment
Investment & Advances----
Other Non-Current Assets----
Deferred Charges5.76M---
Deposits & Other Assets0.19M-0.06M0.12M
Worldgate Communications Total Assets
Notes Payable4.44M0.02M1.79M-
Accounts Payable1.99M0.53M1.75M0.74M
Current Portion Long-Term Debt----
Current Portion Capital Leases----
Accrued Expenses0.76M0.74M1.59M2.09M
Income Taxes Payable----
Other Current Liabilities3.11M1.73M6.13M2.03M
Worldgate Communications Total Current Liabilities
Deferred Taxes/Income----
Convertible Debt----
Long-Term Debt-1.4M--
Non-Current Capital Leases----
Other Long-Term Liabilities----
Worldgate Communications Total Liabilities
Minority Interest----
Preferred Stock----
Common Stock Net3.39M3.38M1.18M0.56M
Capital Surplus282.83M270.33M261.47M259.54M
Retained Earnings-288.46M-275.74M-270.85M-261.57M
Treasury Stock----
Other Liabilities----
Worldgate Communications Shareholders Equity
Worldgate Communications Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Worldgate Communications stock price, and Worldgate Communications historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Worldgate Communications PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Worldgate Communications 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 WGATQ stock as of year is $8.07M. 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 Worldgate Communications's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for WGATQ stock stand at $10.31M.