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SURGE COMPONENTS, INC.: 10-Q filed 2017-04-14

What SURGE COMPONENTS, INC. reported in its quarterly report filed 2017-04-14 (fiscal Q1 2017): 37 published measures, 76 facts as tagged in accession 0001213900-17-003787.

This filing

Form
10-Q (quarterly report)
Filed
2017-04-14
Fiscal period
fiscal Q1 2017
Accession
0001213900-17-003787 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 SURGE COMPONENTS, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2017-02-2815,645,379USD
At 2016-11-3016,763,821USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2017-02-284,487,777USD
At 2016-11-305,253,547USD

Stockholders equity

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

PeriodValueUnitDays
At 2017-02-2811,157,602USD
At 2016-11-3011,510,274USD

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.

PeriodValueUnitDays
At 2017-02-287,250,109USD
At 2016-11-307,120,601USD
At 2016-02-297,083,622USD
At 2015-11-307,169,118USD

Net income or loss

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

PeriodValueUnitDays
2016-12-01 to 2017-02-28-350,172USD90
2015-12-01 to 2016-02-2994,471USD91

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2016-12-01 to 2017-02-2813,194USD90
2015-12-01 to 2016-02-291,520USD91

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2016-12-01 to 2017-02-28-13,194USD90
2015-12-01 to 2016-02-29-1,520USD91

Retained earnings or deficit

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

PeriodValueUnitDays
At 2017-02-28-12,554,942USD
At 2016-11-30-12,202,270USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2016-12-01 to 2017-02-2810,224,431shares90
2015-12-01 to 2016-02-299,999,125shares91

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2016-12-01 to 2017-02-2810,224,431shares90
2015-12-01 to 2016-02-2910,115,350shares91

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2016-12-01 to 2017-02-28-0.03USD/shares90
2015-12-01 to 2016-02-290.01USD/shares91

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2016-12-01 to 2017-02-28-0.03USD/shares90
2015-12-01 to 2016-02-290.01USD/shares91

Income tax expense or benefit

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

PeriodValueUnitDays
2016-12-01 to 2017-02-28-135,180USD90
2015-12-01 to 2016-02-2930,302USD91

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.

PeriodValueUnitDays
At 2017-02-2887,334USD
At 2016-11-3081,974USD

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.

PeriodValueUnitDays
2016-12-01 to 2017-02-28-488,320USD90
2015-12-01 to 2016-02-29123,448USD91

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.

PeriodValueUnitDays
At 2017-02-2814,797,159USD
At 2016-11-3016,058,690USD

Current liabilities

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

PeriodValueUnitDays
At 2017-02-284,449,029USD
At 2016-11-305,213,585USD

Current accounts payable

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

PeriodValueUnitDays
At 2017-02-282,957,156USD
At 2016-11-303,237,592USD

Net current accounts receivable

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

PeriodValueUnitDays
At 2017-02-284,033,848USD
At 2016-11-305,558,808USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2016-12-01 to 2017-02-281,897,673USD90
2015-12-01 to 2016-02-291,532,564USD91

Net inventory

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

PeriodValueUnitDays
At 2017-02-283,058,909USD
At 2016-11-302,929,570USD

Gross profit

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

PeriodValueUnitDays
2016-12-01 to 2017-02-281,409,353USD90
2015-12-01 to 2016-02-291,656,012USD91

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.

PeriodValueUnitDays
At 2017-02-2810,224,431shares
At 2016-11-3010,224,431shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2017-02-2823,702,310USD
At 2016-11-3023,702,310USD

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.

PeriodValueUnitDays
At 2017-02-282,193,374USD
At 2016-11-302,185,540USD

Other noncurrent assets

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

PeriodValueUnitDays
At 2017-02-2813,384USD
At 2016-11-3013,384USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2017-02-28958,048USD
At 2016-11-301,544,882USD

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.

PeriodValueUnitDays
At 2017-02-281,065,755USD
At 2016-11-30914,660USD

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.

PeriodValueUnitDays
2016-12-01 to 2017-02-28-485,352USD90
2015-12-01 to 2016-02-29124,773USD91

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2016-12-01 to 2017-02-28-352,672USD90
2015-12-01 to 2016-02-2991,971USD91

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2016-12-01 to 2017-02-281,329,063USD90
2015-12-01 to 2016-02-29998,902USD91

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2016-12-01 to 2017-02-282,968USD90
2015-12-01 to 2016-02-291,325USD91

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2016-12-01 to 2017-02-2816,725USD90
2015-12-01 to 2016-02-2932,738USD91

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.

PeriodValueUnitDays
2016-12-01 to 2017-02-28-151,905USD90
2015-12-01 to 2016-02-29-2,436USD91

Change in accounts receivable

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

PeriodValueUnitDays
2016-12-01 to 2017-02-28-1,524,960USD90
2015-12-01 to 2016-02-29-679,426USD91

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.

PeriodValueUnitDays
2016-12-01 to 2017-02-28129,339USD90
2015-12-01 to 2016-02-29-220,052USD91

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2016-12-01 to 2017-02-28-280,436USD90
2015-12-01 to 2016-02-29-869,343USD91

Inspect the source

Entity
SURGE COMPONENTS, INC. / CIK 0000747540
Captured
2026-09-19T15:01:40.559Z
SEC response SHA-256
38e3c0ba834af2e8c727844d85f443cef0fae49c86bd7dff3ed2ac029a11386f

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

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000747540.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"])))