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AMERICAN EDUCATION CENTER, INC.: 10-Q filed 2016-08-22

What AMERICAN EDUCATION CENTER, INC. reported in its quarterly report filed 2016-08-22 (fiscal Q2 2016): 18 published measures, 52 facts as tagged in accession 0001144204-16-120603.

This filing

Form
10-Q (quarterly report)
Filed
2016-08-22
Fiscal period
fiscal Q2 2016
Accession
0001144204-16-120603 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 AMERICAN EDUCATION CENTER, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2016-06-301,711,713USD
At 2015-12-312,570,056USD

Total liabilities

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

PeriodValueUnitDays
At 2016-06-301,474,971USD
At 2015-12-312,316,731USD

Stockholders equity

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

PeriodValueUnitDays
At 2016-06-30236,742USD
At 2015-12-31253,325USD

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 2016-06-30438,422USD
At 2015-12-311,093,755USD
At 2015-06-30222,815USD
At 2014-12-3182,572USD

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
2016-04-01 to 2016-06-30-141,452USD91
2016-01-01 to 2016-06-30-32,083USD182
2015-04-01 to 2015-06-30377,917USD91
2015-01-01 to 2015-06-30102,075USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2016-06-30-22,934USD
At 2015-12-319,149USD

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
2016-04-01 to 2016-06-30-109,800USD91
2016-01-01 to 2016-06-30-16,742USD182
2015-04-01 to 2015-06-30-6,469USD91
2015-01-01 to 2015-06-30125,203USD181

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
2016-04-01 to 2016-06-30-252,053USD91
2016-01-01 to 2016-06-30-54,018USD182
2015-04-01 to 2015-06-30370,502USD91
2015-01-01 to 2015-06-30225,972USD181

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 2016-06-301,428,900USD
At 2015-12-312,304,035USD

Current liabilities

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

PeriodValueUnitDays
At 2016-06-301,049,627USD
At 2015-12-311,916,957USD

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 2016-06-30942,308USD
At 2015-12-311,114,280USD

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 2016-06-3031,550,000shares
At 2015-12-3130,000,000shares

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 2016-06-30228,126USD
At 2015-12-31214,176USD

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
2016-04-01 to 2016-06-30392,434USD91
2016-01-01 to 2016-06-30859,914USD182
2015-04-01 to 2015-06-30692,080USD91
2015-01-01 to 2015-06-301,169,478USD181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2016-04-01 to 2016-06-30801USD91
2016-01-01 to 2016-06-305,193USD182
2015-04-01 to 2015-06-30946USD91
2015-01-01 to 2015-06-301,306USD181

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
2016-04-01 to 2016-06-30-93,008USD91
2016-01-01 to 2016-06-3050USD182
2015-04-01 to 2015-06-3030,552USD91
2015-01-01 to 2015-06-3030,552USD181

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
2016-04-01 to 2016-06-30-16,792USD91
2016-01-01 to 2016-06-30-16,792USD182
2015-04-01 to 2015-06-30-37,021USD91
2015-01-01 to 2015-06-3094,651USD181

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
2016-01-01 to 2016-06-30-171,972USD182
2015-01-01 to 2015-06-30746,645USD181

Inspect the source

Entity
AMERICAN EDUCATION CENTER, INC. / CIK 0001626556
Captured
SEC response SHA-256
e00aff98e198e002a898ea34f3e3ff3aeb14cb49e9bb1e398ac59a813453cf0a

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/0001626556.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"])))