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SURGE COMPONENTS, INC.: 10-Q filed 2018-10-09

What SURGE COMPONENTS, INC. reported in its quarterly report filed 2018-10-09 (fiscal Q3 2018): 44 published measures, 116 facts as tagged in accession 0001213900-18-013696.

This filing

Form
10-Q (quarterly report)
Filed
2018-10-09
Fiscal period
fiscal Q3 2018
Accession
0001213900-18-013696 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 2018-08-3112,022,627USD
At 2017-11-3011,475,316USD

Total liabilities

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

PeriodValueUnitDays
At 2018-08-316,773,463USD
At 2017-11-306,762,576USD

Stockholders equity

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

PeriodValueUnitDays
At 2018-08-315,249,164USD
At 2017-11-304,712,740USD

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 2018-08-31821,275USD
At 2017-11-301,086,999USD
At 2017-08-311,537,367USD
At 2016-11-307,120,601USD

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
2018-06-01 to 2018-08-31337,558USD92
2017-12-01 to 2018-08-31541,424USD274
2017-06-01 to 2017-08-31414,903USD92
2016-12-01 to 2017-08-31-38,602USD274

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2017-12-01 to 2018-08-3166,215USD274
2016-12-01 to 2017-08-31981,624USD274

Capital expenditure payments

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

PeriodValueUnitDays
2017-12-01 to 2018-08-3131,939USD274
2016-12-01 to 2017-08-3114,858USD274

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2017-12-01 to 2018-08-31-300,000USD274
2016-12-01 to 2017-08-31-6,550,000USD274

Investing cash flow

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

PeriodValueUnitDays
2017-12-01 to 2018-08-31-31,939USD274
2016-12-01 to 2017-08-31-14,858USD274

Retained earnings or deficit

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

PeriodValueUnitDays
At 2018-08-31-11,313,380USD
At 2017-11-30-11,849,804USD

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
2018-06-01 to 2018-08-315,224,431shares92
2017-12-01 to 2018-08-315,224,431shares274
2017-06-01 to 2017-08-315,224,431shares92
2016-12-01 to 2017-08-317,323,511shares274

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
2018-06-01 to 2018-08-315,362,058shares92
2017-12-01 to 2018-08-315,362,058shares274
2017-06-01 to 2017-08-315,383,029shares92
2016-12-01 to 2017-08-317,323,511shares274

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
2018-06-01 to 2018-08-310.06USD/shares92
2017-12-01 to 2018-08-310.1USD/shares274
2017-06-01 to 2017-08-310.08USD/shares92
2016-12-01 to 2017-08-31-0.01USD/shares274

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
2018-06-01 to 2018-08-310.06USD/shares92
2017-12-01 to 2018-08-310.1USD/shares274
2017-06-01 to 2017-08-310.08USD/shares92
2016-12-01 to 2017-08-31-0.01USD/shares274

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
2018-06-01 to 2018-08-3126,808USD92
2017-12-01 to 2018-08-3173,481USD274
2017-06-01 to 2017-08-31125,727USD92
2016-12-01 to 2017-08-31-3,241USD274

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 2018-08-31128,237USD
At 2017-11-30138,329USD

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
2018-06-01 to 2018-08-31367,961USD92
2017-12-01 to 2018-08-31628,232USD274
2017-06-01 to 2017-08-31549,871USD92
2016-12-01 to 2017-08-31-28,893USD274

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 2018-08-3110,911,172USD
At 2017-11-3010,340,723USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2018-06-01 to 2018-08-313,596USD92
2017-12-01 to 2018-08-3113,330USD274
2017-06-01 to 2017-08-319,242USD92
2016-12-01 to 2017-08-3116,056USD274

Current liabilities

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

PeriodValueUnitDays
At 2018-08-316,717,900USD
At 2017-11-306,695,522USD

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 2018-08-314,947,779USD
At 2017-11-304,629,932USD

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 2018-08-316,765,972USD
At 2017-11-305,933,268USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2016-12-01 to 2017-08-317,150,000USD274

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
2018-06-01 to 2018-08-311,739,442USD92
2017-12-01 to 2018-08-315,212,932USD274
2017-06-01 to 2017-08-311,699,892USD92
2016-12-01 to 2017-08-315,481,490USD274

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 2018-08-313,216,566USD
At 2017-11-303,161,587USD

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
2018-06-01 to 2018-08-312,107,403USD92
2017-12-01 to 2018-08-315,841,164USD274
2017-06-01 to 2017-08-312,249,763USD92
2016-12-01 to 2017-08-315,452,597USD274

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2017-12-01 to 2018-08-315,928USD274
2016-12-01 to 2017-08-318,070USD274

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 2018-08-315,224,431shares
At 2017-11-305,224,431shares

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 2018-08-3116,557,310USD
At 2017-11-3016,557,310USD

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 2018-08-312,254,384USD
At 2017-11-302,217,654USD

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 2018-08-3113,384USD
At 2017-11-3013,384USD

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 2018-08-311,019,432USD
At 2017-11-30937,249USD

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 2018-08-31969,834USD
At 2017-11-30982,880USD

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
2018-06-01 to 2018-08-31364,366USD92
2017-12-01 to 2018-08-31614,905USD274
2017-06-01 to 2017-08-31540,630USD92
2016-12-01 to 2017-08-31-41,843USD274

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
2018-06-01 to 2018-08-31335,058USD92
2017-12-01 to 2018-08-31536,424USD274
2017-06-01 to 2017-08-31412,403USD92
2016-12-01 to 2017-08-31-43,602USD274

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
2018-06-01 to 2018-08-311,021,560USD92
2017-12-01 to 2018-08-313,214,725USD274
2017-06-01 to 2017-08-311,020,208USD92
2016-12-01 to 2017-08-313,565,066USD274

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
2018-06-01 to 2018-08-31-3,595USD92
2017-12-01 to 2018-08-31-13,327USD274
2017-06-01 to 2017-08-31-9,241USD92
2016-12-01 to 2017-08-31-12,950USD274

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
2017-12-01 to 2018-08-3160,435USD274
2016-12-01 to 2017-08-3114,236USD274

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
2017-12-01 to 2018-08-3113,046USD274
2016-12-01 to 2017-08-31-17,477USD274

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2017-12-01 to 2018-08-3113,330USD274
2016-12-01 to 2017-08-3116,056USD274

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2017-12-01 to 2018-08-31815USD274

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
2017-12-01 to 2018-08-31832,704USD274
2016-12-01 to 2017-08-31485,492USD274

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
2017-12-01 to 2018-08-3154,979USD274
2016-12-01 to 2017-08-31-115,988USD274

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
2017-12-01 to 2018-08-31317,847USD274
2016-12-01 to 2017-08-311,894,418USD274

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"])))