Gulf Resources, Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | — | — | — | — | — | — | — |
| Accounts Receivable | — | — | — | — | — | — | $21.9M | $21.5M |
| Inventory | $1.2M | $5.9M | $7.2M | $5.4M | $5.3M | $6.0M | $4.4M | $2.7M |
| Total Current Assets | $241.5M | $221.8M | $190.8M | $194.1M | $158.1M | $107.3M | $105.5M | $93.8M |
| Property, Plant & Equipment | $95.1M | $108.7M | $127.9M | $124.4M | $146.4M | $165.9M | $147.2M | $112.2M |
| Goodwill | $29.4M | $27.7M | $29.6M | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $387.5M | $365.7M | $356.7M | $323.0M | $309.2M | $278.2M | $258.3M | $206.7M |
| Liabilities | ||||||||
| Accounts Payable | $0 | $7.5M | $8.8M | $3.2M | $4.0M | $3.8M | $3.6M | $6.4M |
| Total Current Liabilities | $3.2M | $13.9M | $16.1M | $8.1M | $11.3M | $11.0M | $12.2M | $14.0M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $5.5M | $16.2M | $18.6M | $10.9M | $14.2M | $14.0M | $15.2M | $14.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | — | — | — | — | — | $197.0M | $180.9M | — |
| Total Stockholders' Equity | $382.0M | $349.5M | $338.1M | $312.1M | $295.0M | $264.2M | $243.1M | $192.7M |