Singing Machine Company Inc
OTC:SMDM
Balance Sheet
Balance Sheet Decomposition
Singing Machine Company Inc
Current Assets | 31.2m |
Cash & Short-Term Investments | 7.4m |
Receivables | 12.4m |
Other Current Assets | 11.4m |
Non-Current Assets | 2.8m |
PP&E | 2.1m |
Other Non-Current Assets | 770k |
Current Liabilities | 21.4m |
Accounts Payable | 6m |
Accrued Liabilities | 3.3m |
Short-Term Debt | 8.6m |
Other Current Liabilities | 3.5m |
Non-Current Liabilities | 850k |
Long-Term Debt | 170k |
Other Non-Current Liabilities | 680k |
Balance Sheet
Singing Machine Company Inc
Mar-2012 | Mar-2013 | Mar-2014 | Mar-2015 | Mar-2016 | Mar-2017 | Mar-2018 | Mar-2019 | Mar-2020 | Mar-2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
0
|
2
|
1
|
0
|
2
|
2
|
1
|
0
|
0
|
0
|
|
Cash |
0
|
2
|
1
|
0
|
2
|
2
|
1
|
0
|
0
|
0
|
|
Total Receivables |
1
|
2
|
1
|
2
|
2
|
2
|
2
|
4
|
6
|
7
|
|
Accounts Receivables |
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
|
Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
4
|
5
|
|
Inventory |
4
|
4
|
6
|
7
|
4
|
5
|
9
|
6
|
8
|
5
|
|
Other Current Assets |
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Current Assets |
5
|
8
|
9
|
10
|
8
|
10
|
12
|
11
|
14
|
13
|
|
PP&E Net |
0
|
0
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
3
|
|
PP&E Gross |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
|
Accumulated Depreciation |
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
|
Other Long-Term Assets |
0
|
1
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
|
Total Assets |
6
N/A
|
10
+68%
|
12
+22%
|
12
+4%
|
10
-14%
|
12
+11%
|
13
+13%
|
12
-7%
|
17
+36%
|
17
+1%
|
|
Liabilities | |||||||||||
Accounts Payable |
3
|
1
|
2
|
3
|
1
|
1
|
2
|
1
|
5
|
2
|
|
Accrued Liabilities |
0
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
|
Short-Term Debt |
0
|
0
|
3
|
0
|
1
|
2
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
1
|
|
Other Current Liabilities |
3
|
3
|
3
|
2
|
1
|
0
|
2
|
1
|
3
|
1
|
|
Total Current Liabilities |
6
|
5
|
8
|
6
|
3
|
4
|
5
|
4
|
10
|
7
|
|
Long-Term Debt |
0
|
3
|
0
|
3
|
2
|
0
|
0
|
0
|
1
|
0
|
|
Other Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
|
Total Liabilities |
6
N/A
|
7
+12%
|
8
+14%
|
8
+3%
|
5
-42%
|
4
-13%
|
5
+27%
|
4
-31%
|
11
+196%
|
9
-19%
|
|
Equity | |||||||||||
Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Retained Earnings |
20
|
17
|
16
|
16
|
14
|
12
|
12
|
12
|
14
|
12
|
|
Additional Paid In Capital |
19
|
19
|
19
|
19
|
19
|
19
|
20
|
20
|
20
|
20
|
|
Other Equity |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Equity |
1
N/A
|
3
N/A
|
4
+43%
|
4
+6%
|
6
+44%
|
7
+32%
|
8
+5%
|
9
+9%
|
6
-33%
|
8
+39%
|
|
Total Liabilities & Equity |
6
N/A
|
10
+68%
|
12
+22%
|
12
+4%
|
10
-14%
|
12
+11%
|
13
+13%
|
12
-7%
|
17
+36%
|
17
+1%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
38
|
38
|
38
|
38
|
38
|
38
|
38
|
38
|
39
|
39
|
|
Preferred Shares Outstanding |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|