Western Capital Resources, Inc.: 10-Q filed 2016-08-15
What Western Capital Resources, Inc. reported in its quarterly report filed 2016-08-15 (fiscal Q2 2016): 37 published measures, 102 facts as tagged in accession 0001615774-16-006777.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2016-08-15
- Fiscal period
- fiscal Q2 2016
- Accession
- 0001615774-16-006777 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 Western Capital Resources, 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 2016-06-30 | 54,758,052 | USD | |
| At 2016-03-31 | 54,758,052 | USD | |
| At 2015-12-31 | 55,622,333 | USD | |
| At 2015-06-30 | 38,286,000 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 21,337,195 | USD | |
| At 2015-12-31 | 25,763,824 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 33,386,040 | USD | |
| At 2015-12-31 | 29,832,430 | 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 | Days |
|---|---|---|---|
| At 2016-06-30 | 8,587,343 | USD | |
| At 2015-12-31 | 7,847,669 | USD | |
| At 2015-06-30 | 3,184,828 | USD | |
| At 2014-12-31 | 4,273,350 | 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 |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 1,784,511 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 3,755,910 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 425,793 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 1,261,856 | USD | 181 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-06-30 | 929,291 | USD | 182 |
| 2015-01-01 to 2015-06-30 | 291,656 | USD | 181 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 27,172,426 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 55,607,712 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 12,876,053 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 27,237,784 | USD | 181 |
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 2016-06-30 | 4,416,481 | USD | |
| At 2015-12-31 | 898,038 | 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 |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 1,034,000 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 2,201,000 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 432,870 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 972,520 | USD | 181 |
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 2016-06-30 | 9,415,746 | USD | |
| At 2015-12-31 | 8,561,321 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-06-30 | 35,167 | USD | 182 |
| 2015-01-01 to 2015-06-30 | 46,317 | USD | 181 |
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 |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 2,972,821 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 6,283,364 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 958,833 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 2,441,544 | USD | 181 |
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 2016-06-30 | 23,415,977 | USD | |
| At 2015-12-31 | 24,902,898 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 150,714 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 319,725 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 97,276 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 203,251 | USD | 181 |
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 2016-06-30 | 11,400,208 | USD | |
| At 2015-12-31 | 18,664,622 | 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 2016-06-30 | 2,363,765 | USD | |
| At 2015-12-31 | 4,577,118 | USD |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 13,355,592 | USD | |
| At 2015-12-31 | 13,355,591 | 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 2016-06-30 | 1,517,938 | USD | |
| At 2015-12-31 | 1,963,192 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 13,789,376 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 27,619,948 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 7,712,017 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 15,483,394 | USD | 181 |
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 2016-06-30 | 7,237,559 | USD | |
| At 2015-12-31 | 7,617,850 | 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 |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 16,762,197 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 33,903,312 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 8,670,850 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 17,924,938 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 10,410,229 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 21,704,400 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 4,205,203 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 9,312,846 | USD | 181 |
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 2016-06-30 | 9,497,534 | shares | |
| At 2015-12-31 | 9,497,534 | shares |
Total equity including noncontrolling interests
Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 33,420,857 | USD | |
| At 2015-12-31 | 29,858,509 | USD |
Long-term debt
Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 6,613,123 | USD | |
| At 2015-12-31 | 7,996,460 | USD |
Net intangible assets excluding goodwill
Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 7,818,158 | USD | |
| At 2015-12-31 | 8,018,616 | 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 2016-06-30 | 752,579 | USD | |
| At 2015-12-31 | 783,907 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 102,472 | USD | |
| At 2015-12-31 | 80,403 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 6,004,779 | USD | |
| At 2015-12-31 | 6,232,267 | USD |
Prepaid expenses and other current assets
Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 1,647,890 | USD | |
| At 2015-12-31 | 2,589,749 | USD |
Profit or loss including noncontrolling interests
Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 1,789,064 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 3,764,648 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 429,403 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 1,267,843 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 2,511,751 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 5,250,977 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 1,612,593 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 3,473,710 | USD | 181 |
Depreciation expense
Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-06-30 | 571,749 | USD | 182 |
| 2015-01-01 to 2015-06-30 | 210,692 | USD | 181 |
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 |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 140,873 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 281,863 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 113,510 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 217,350 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | -149,757 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -317,716 | USD | 182 |
| 2015-04-01 to 2015-06-30 | -96,560 | USD | 91 |
| 2015-01-01 to 2015-06-30 | -201,181 | USD | 181 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-06-30 | 313,000 | USD | 182 |
| 2015-01-01 to 2015-06-30 | 121,000 | USD | 181 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-06-30 | -380,291 | USD | 182 |
| 2015-01-01 to 2015-06-30 | 569,184 | USD | 181 |
Inspect the source
- Entity
- Western Capital Resources, Inc. / CIK 0001363958
- Captured
- SEC response SHA-256
28d1b5994b9db40cf0e69baf0ec6f19857a7bd0500b3740a583ea0a8a59eb04b
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.
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import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001363958.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"])))