Western Capital Resources, Inc.: 10-K filed 2018-03-29

Name: Western Capital Resources, Inc.: 10-K filed 2018-03-29
Creator: Western Capital Resources, Inc.

What Western Capital Resources, Inc. reported in its annual report filed 2018-03-29 (fiscal FY 2017): 46 published measures, 97 facts as tagged in accession 0001615774-18-002185.

This filing

Form: 10-K (annual report)
Filed: 2018-03-29
Fiscal period: fiscal FY 2017
Accession: 0001615774-18-002185 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 2017-12-31	104,244,156	USD
At 2016-12-31	60,728,652	USD

Total liabilities

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

Period	Value	Unit	Days
At 2017-12-31	35,550,586	USD
At 2016-12-31	30,040,150	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2017-12-31	66,935,884	USD
At 2016-12-31	30,642,033	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
2017-01-01 to 2017-12-31	37,978,073	USD	365
2016-01-01 to 2016-12-31	1,478,708	USD	366

Operating cash flow

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

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	5,015,349	USD	365
2016-01-01 to 2016-12-31	9,630,007	USD	366

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
2017-01-01 to 2017-12-31	2,616,616	USD	365
2016-01-01 to 2016-12-31	1,943,214	USD	366

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	121,520,544	USD	365
2016-01-01 to 2016-12-31	93,992,744	USD	366

Financing cash flow

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

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	-12,093,930	USD	365
2016-01-01 to 2016-12-31	1,824,186	USD	366

Investing cash flow

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

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	14,214,425	USD	365
2016-01-01 to 2016-12-31	-5,141,887	USD	366

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 2017-12-31	37,903,204	USD
At 2016-12-31	1,643,996	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
2017-01-01 to 2017-12-31	731,000	USD	365
2016-01-01 to 2016-12-31	-845,000	USD	366

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
At 2017-12-31	11,347,234	USD
At 2016-12-31	9,409,234	USD
At 2015-12-31	8,180,381	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
2017-01-01 to 2017-12-31	27,924	USD	365
2016-01-01 to 2016-12-31	62,695	USD	366

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
2017-01-01 to 2017-12-31	2,463,649	USD	365
2016-01-01 to 2016-12-31	-1,845,911	USD	366

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 2017-12-31	75,039,381	USD
At 2016-12-31	33,137,862	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
2017-01-01 to 2017-12-31	302,558	USD	365
2016-01-01 to 2016-12-31	310,459	USD	366

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 2017-12-31	33,155,939	USD
At 2016-12-31	18,827,763	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
At 2017-12-31	5,796,528	USD
At 2016-12-31	5,796,528	USD
At 2015-12-31	13,355,591	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
At 2017-12-31	4,987,769	USD
At 2016-12-31	1,295,559	USD
At 2015-12-31	1,432,756	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 2017-12-31	764,071	USD
At 2016-12-31	696,657	USD

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.

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	480,928	USD	365

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
2017-01-01 to 2017-12-31	70,193,450	USD	365
2016-01-01 to 2016-12-31	49,071,354	USD	366

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 2017-12-31	9,130,842	USD
At 2016-12-31	9,095,460	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
2017-01-01 to 2017-12-31	72,657,099	USD	365
2016-01-01 to 2016-12-31	54,784,506	USD	366

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
2017-01-01 to 2017-12-31	48,863,445	USD	365
2016-01-01 to 2016-12-31	39,208,238	USD	366

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 2017-12-31	9,390,997	shares
At 2016-12-31	9,497,871	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
At 2017-12-31	68,693,570	USD
At 2016-12-31	30,688,502	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 2017-12-31	789,216	USD
At 2016-12-31	10,461,545	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
At 2017-12-31	16,873,533	USD
At 2016-12-31	13,437,427	USD
At 2015-12-31	11,659,213	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
At 2017-12-31	5,526,299	USD
At 2016-12-31	4,028,193	USD
At 2015-12-31	3,478,832	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
At 2017-12-31	4,987,769	USD
At 2016-12-31	1,295,559	USD
At 2015-12-31	1,432,756	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 2017-12-31	823,244	USD
At 2016-12-31	1,001,466	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 2017-12-31	98,259	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 2017-12-31	3,762,974	USD
At 2016-12-31	3,399,433	USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

Period	Value	Unit	Days
At 2017-12-31	1,456,000	USD
At 2016-12-31	-518,000	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
2017-01-01 to 2017-12-31	1,673,007	USD	365
2016-01-01 to 2016-12-31	-1,288,026	USD	366

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.

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	37,679,225	USD	365
2016-01-01 to 2016-12-31	1,458,318	USD	366

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
2017-01-01 to 2017-12-31	10,481,630	USD	365
2016-01-01 to 2016-12-31	8,284,319	USD	366

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
2017-01-01 to 2017-12-31	1,809,525	USD	365
2016-01-01 to 2016-12-31	1,085,404	USD	366

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
2017-01-01 to 2017-12-31	534,898	USD	365
2016-01-01 to 2016-12-31	218,602	USD	366

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
2017-01-01 to 2017-12-31	-59,642	USD	365
2016-01-01 to 2016-12-31	-287,115	USD	366

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.

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	336,000	USD	365
2016-01-01 to 2016-12-31	1,270,000	USD	366

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
2017-01-01 to 2017-12-31	395,000	USD	365
2016-01-01 to 2016-12-31	-2,115,000	USD	366

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.

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	189,436	USD	365
2016-01-01 to 2016-12-31	615,094	USD	366

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	3,869,818	USD	365
2016-01-01 to 2016-12-31	3,845,718	USD	366

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
2017-01-01 to 2017-12-31	35,382	USD	365
2016-01-01 to 2016-12-31	1,477,610	USD	366

Inspect the source

Entity: Western Capital Resources, Inc. / CIK 0001363958
Captured: 2026-09-22 19:45 UTC
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
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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"]:
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