Wilshire Enterprises Balance Sheet - Annual (OTCMKTS:WLSE)

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$3.35 $0.05 (1.52%) WLSE stock closing price Feb 22, 2016 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Wilshire Enterprises, and helps in stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Wilshire Enterprises stock analysis, and provides insights into the firm's financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Wilshire Enterprises had a long term debt of $23.46M at the end of 2008. To understand the debt servicing capacity of the company, one needs to look at Wilshire Enterprises operating cash flow and Wilshire Enterprises revenue also. Wilshire Enterprises debt to equity ratio is .

View latest 10 year balance sheet data to check Wilshire Enterprises financial performance.
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Fiscal year is Jan - Dec2008
Marketable Securities2M
Raw Materials-
Work In Progress-
Finished Goods-
Notes Receivable-
Other Current Assets2.1M
Total Current Assets
Property Plant & Equipment-
Accumulated Depreciation-
Net Property Plant & Equipment
Investment & Advances25.85M
Other Non-Current Assets-
Deferred Charges-
Deposits & Other Assets-
Total Assets
Notes Payable-
Accounts Payable1.34M
Current Portion Long-Term Debt4.37M
Current Portion Capital Leases-
Accrued Expenses1.06M
Income Taxes Payable-
Other Current Liabilities-
Total Current Liabilities
Deferred Taxes/Income-
Convertible Debt-
Long-Term Debt23.46M
Non-Current Capital Leases-
Other Long-Term Liabilities-
Total Liabilities
Minority Interest-
Preferred Stock-
Common Stock Net10.01M
Capital Surplus9.3M
Retained Earnings2.52M
Treasury Stock9.86M
Other Liabilities-
Shareholders Equity11.97M
Total Liabilities & Shareholders Equity43.34M
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Wilshire Enterprises historical stock prices and the current Wilshire Enterprises stock price can tell you how the stock price has moved, whereas the Wilshire Enterprises 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 Wilshire Enterprises 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 WLSE stock as of 2008 is $43.34M. 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: The total liabilities of Wilshire Enterprises for the year 2008 total to $31.36M. Liabilities for a company like Wilshire Enterprises 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.