UNIVERSAL SAFETY PRODUCTS, INC.: 10-K filed 2016-09-28

Name: UNIVERSAL SAFETY PRODUCTS, INC.: 10-K filed 2016-09-28
Creator: UNIVERSAL SAFETY PRODUCTS, INC.

What UNIVERSAL SAFETY PRODUCTS, INC. reported in its annual report filed 2016-09-28 (fiscal FY 2016): 30 published measures, 78 facts as tagged in accession 0001144204-16-125749.

This filing

Form: 10-K (annual report)
Filed: 2016-09-28
Fiscal period: fiscal FY 2016
Accession: 0001144204-16-125749 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All UNIVERSAL SAFETY PRODUCTS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2016-03-31	18,510,039	USD
At 2015-03-31	19,906,028	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2016-03-31	16,387,895	USD
At 2015-03-31	18,756,997	USD
At 2014-03-31	22,392,415	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2016-03-31	362,728	USD
At 2015-03-31	49,427	USD
At 2014-03-31	2,050,993	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	-775,241	USD	91
2015-04-01 to 2016-03-31	-2,137,792	USD	366
2015-10-01 to 2015-12-31	-174,172	USD	92
2015-07-01 to 2015-09-30	-411,302	USD	92
2015-04-01 to 2015-06-30	-777,077	USD	91
2015-01-01 to 2015-03-31	-748,500	USD	90
2014-04-01 to 2015-03-31	-3,704,985	USD	365
2014-10-01 to 2014-12-31	-1,101,372	USD	92
2014-07-01 to 2014-09-30	-1,112,264	USD	92
2014-04-01 to 2014-06-30	-742,849	USD	91

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2016-03-31	2,450,540	USD
At 2015-03-31	4,588,332	USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	0	USD	366
2014-04-01 to 2015-03-31	-25,000	USD	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2016-03-31	71,556	USD
At 2015-03-31	104,618	USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	-1,366,178	USD	366
2014-04-01 to 2015-03-31	-2,624,252	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2016-03-31	6,585,745	USD
At 2015-03-31	6,760,583	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2016-03-31	2,122,144	USD
At 2015-03-31	1,149,031	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2016-03-31	587,343	USD
At 2015-03-31	668,846	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2016-03-31	67,075	USD
At 2015-03-31	71,547	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2016-03-31	17,389	USD
At 2015-03-31	381,254	USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2016-03-31	3,883,247	USD
At 2015-03-31	3,852,182	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	903,978	USD	91
2015-04-01 to 2016-03-31	3,779,430	USD	366
2015-10-01 to 2015-12-31	1,308,368	USD	92
2015-07-01 to 2015-09-30	684,657	USD	92
2015-04-01 to 2015-06-30	882,427	USD	91
2015-01-01 to 2015-03-31	840,771	USD	90
2014-04-01 to 2015-03-31	2,328,110	USD	365
2014-10-01 to 2014-12-31	382,335	USD	92
2014-07-01 to 2014-09-30	493,516	USD	92
2014-04-01 to 2014-06-30	611,488	USD	91

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	4,480,330	USD	366
2014-04-01 to 2015-03-31	4,175,584	USD	365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	665,278	USD	366
2014-04-01 to 2015-03-31	776,778	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2016-03-31	2,312,887	shares
At 2015-03-31	2,312,887	shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2016-03-31	1,028,385	USD
At 2015-03-31	1,259,695	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2016-03-31	904,942	USD
At 2015-03-31	904,942	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2016-03-31	833,386	USD
At 2015-03-31	800,324	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2016-03-31	6,000	USD
At 2015-03-31	26,000	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2016-03-31	0	USD
At 2015-03-31	0	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	-2,137,792	USD	366
2014-04-01 to 2015-03-31	-3,729,985	USD	365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	-2,369,102	USD	366
2014-04-01 to 2015-03-31	-3,635,418	USD	365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	37,534	USD	366
2014-04-01 to 2015-03-31	46,067	USD	365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	4,472	USD	366
2014-04-01 to 2015-03-31	4,472	USD	365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	-29,768	USD	366
2014-04-01 to 2015-03-31	22,826	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	0	USD	366
2014-04-01 to 2015-03-31	0	USD	365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2015-04-01 to 2016-03-31	31,065	USD	366
2014-04-01 to 2015-03-31	-288,131	USD	365

Inspect the source

Entity: UNIVERSAL SAFETY PRODUCTS, INC. / CIK 0000102109
Captured: 2026-09-19T11:13:54.459Z
SEC response SHA-256: 3a9158b90e6384862617cfbee274f18c30a9c83bdff7854c7b92d0919d0424d8

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000102109.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))