TARGET GROUP INC.: 10-K filed 2020-04-14

Name: TARGET GROUP INC.: 10-K filed 2020-04-14
Creator: TARGET GROUP INC.

What TARGET GROUP INC. reported in its annual report filed 2020-04-14 (fiscal FY 2019): 35 published measures, 72 facts as tagged in accession 0001104659-20-046312.

This filing

Form: 10-K (annual report)
Filed: 2020-04-14
Fiscal period: fiscal FY 2019
Accession: 0001104659-20-046312 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 TARGET GROUP 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 2019-12-31	16,464,496	USD
At 2018-12-31	6,780,677	USD

Total liabilities

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

Period	Value	Unit	Days
At 2019-12-31	6,529,359	USD
At 2018-12-31	3,436,553	USD

Stockholders equity

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

Period	Value	Unit
At 2019-12-31	9,935,137	USD
At 2018-12-31	3,344,124	USD
At 2017-12-31	-2,062,258	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 2019-12-31	10,487	USD
At 2018-12-31	303,438	USD
At 2017-12-31	56	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
2019-01-01 to 2019-12-31	-10,367,670	USD	365
2018-01-01 to 2018-12-31	-1,900,341	USD	365

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
2019-01-01 to 2019-12-31	-5,515,256	USD	365
2018-01-01 to 2018-12-31	-699,466	USD	365

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2019-01-01 to 2019-12-31	0	USD	365
2018-01-01 to 2018-12-31	263	USD	365

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
2019-01-01 to 2019-12-31	8,976,938	USD	365
2018-01-01 to 2018-12-31	2,711,025	USD	365

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
2019-01-01 to 2019-12-31	-3,799,579	USD	365
2018-01-01 to 2018-12-31	-1,804,063	USD	365

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 2019-12-31	-19,462,624	USD
At 2018-12-31	-9,094,954	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
2019-01-01 to 2019-12-31	0	USD	365
2018-01-01 to 2018-12-31	0	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 2019-12-31	8,103,740	USD
At 2018-12-31	856	USD

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 2019-12-31	212,840	USD
At 2018-12-31	559,108	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
2019-01-01 to 2019-12-31	85,553	USD	365
2018-01-01 to 2018-12-31	81,847	USD	365

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 2019-12-31	5,134,909	USD
At 2018-12-31	3,436,553	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 2019-12-31	8,147,916	USD
At 2019-03-01	6,071,627	USD
At 2018-12-31	3,594,195	USD
At 2018-08-02	3,594,195	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 2019-12-31	0	USD
At 2018-12-31	0	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 2019-12-31	2,068	USD
At 2018-12-31	0	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
2019-01-01 to 2019-12-31	4,689,955	USD	365
2018-01-01 to 2018-12-31	1,281,034	USD	365

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 2019-12-31	124,000	USD
At 2018-12-31	0	USD

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 2019-12-31	571,145,968	shares
At 2018-12-31	93,624,289	shares

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.

Period	Value	Unit	Days
At 2019-12-31	29,846,004	USD
At 2018-12-31	11,346,467	USD

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 2019-12-31	-897,077	USD
At 2018-12-31	-55,881	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 2019-12-31	8,721,104	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 2019-12-31	617,364	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 2019-12-31	0	USD
At 2018-12-31	31,496	USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

Period	Value	Unit	Days
At 2019-12-31	42,719	USD
At 2018-12-31	0	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 2019-12-31	0	USD
At 2018-12-31	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
2019-01-01 to 2019-12-31	-10,367,670	USD	365
2018-01-01 to 2018-12-31	-1,900,341	USD	365

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
2019-01-01 to 2019-12-31	-10,367,670	USD	365
2018-01-01 to 2018-12-31	-1,900,341	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
2019-01-01 to 2019-12-31	-10,870,259	USD	365
2018-01-01 to 2018-12-31	-1,956,222	USD	365

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
2019-01-01 to 2019-12-31	534,671	USD	365
2018-01-01 to 2018-12-31	34,440	USD	365

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
2019-01-01 to 2019-12-31	111,081	USD	365
2018-01-01 to 2018-12-31	0	USD	365

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
2019-01-01 to 2019-12-31	-5,677,715	USD	365
2018-01-01 to 2018-12-31	-619,570	USD	365

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
2019-01-01 to 2019-12-31	0	USD	365
2018-01-01 to 2018-12-31	0	USD	365

Inspect the source

Entity: TARGET GROUP INC. / CIK 0001586554
Captured: 2026-09-20T09:23:30.226Z
SEC response SHA-256: 14cf9ebffcd217b4c672fb69abf83bb0304a05d71800d9448c248d4ba2f54f7b

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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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001586554.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"])))