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AFB Financial Statements and Analysis

NYSE : AFB

AllianceBernstein National Municipal Income Fund, Inc.

$11.14
0.07+0.63%
Open: 2:07 PM

AFB FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

AFB Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-04-302024-01-312023-10-312023-07-312023-04-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202320232023
periodQ2Q1Q4Q3Q2
revenue6.457M6.457M-2.421M6.284M7.317M
cost of revenue7.085M06.944M06.065M
gross profit-628.568K6.457M-9.365M6.284M1.252M
gross profit ratio-0.0971.003.8681.000.171
research and development expenses00000
general and administrative expenses907.675K907.675K903.217K903.217K897.541K
selling and marketing expenses00000
selling general and administrative expenses907.675K907.675K903.217K903.217K897.541K
other expenses00-29.811M036.705M
operating expenses907.675K18.519M29.811M23.245M-36.705M
cost and expenses907.675K18.519M36.755M23.245M-30.64M
interest income02.696M02.627M2.195M
interest expense00000
depreciation and amortization-5.549M-5.549M-5.38M-5.38M-5.166M
ebitda00-39.177M-24.969M37.957M
ebitda ratio02.59116.18-3.9745.187
operating income5.549M5.549M-39.177M5.38M37.957M
operating income ratio0.8590.85916.180.8565.187
total other income expenses net16.731M16.731M-24.969M-24.969M2.00
income before tax22.28M22.28M-39.177M-19.588M37.957M
income before tax ratio3.4513.45116.18-3.1175.187
income tax expense016.731M-19.588M-24.969M5.166M
net income22.28M22.28M-39.177M-19.588M37.957M
net income ratio3.4513.45116.18-3.1175.187
eps0.780.78-1.36-0.681.32
eps diluted0.780.78-1.36-0.681.32
weighted average shs out28.745M28.745M28.745M28.745M28.745M
weighted average shs out dil28.745M28.745M28.745M28.745M28.745M
Graph

AFB Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-04-302024-01-312023-10-312023-04-302023-01-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202320232023
periodQ2Q1Q4Q2Q1
cash and cash equivalents43.0043.00102.00-2.475M0
short term investments009.713M2.475M0
cash and short term investments43.0043.00102.002.475M0
net receivables9.301M9.301M8.466M9.67M9.67M
inventory0018.179M00
other current assets51.0051.00-18.179M-12.145M0
total current assets9.301M9.301M8.466M9.67M9.67M
property plant equipment net00000
goodwill00000
intangible assets00000
goodwill and intangible assets00000
long term investments576.706M576.706M536.755M580.087M580.087M
tax assets00000
other non current assets00-536.755M-580.087M-580.087M
total non current assets576.706M576.706M536.755M580.087M580.087M
other assets00000
total assets586.008M586.008M545.221M589.757M589.757M
account payables2.08M2.08M925.788K789.165K0
short term debt00000
tax payables00000
deferred revenue00000
other current liabilities1.335M1.335M-925.788K-789.165K1.21M
total current liabilities3.416M3.416M925.788K789.165K1.21M
long term debt232.015M232.015M231.978M232.087M232.087M
deferred revenue non current00000
deferred tax liabilities non current00000
other non current liabilities00-231.978M0-232.087M
total non current liabilities232.015M232.015M233.57M232.087M232.087M
other liabilities00-233.57M-232.087M0
capital lease obligations00000
total liabilities235.431M235.431M925.788K789.165K233.297M
preferred stock00000
common stock28.745K28.745K28.745K28.745K28.745K
retained earnings-52.577M-52.577M-91.503M-46.74M-46.74M
accumulated other comprehensive income loss00000
other total stockholders equity403.125M403.125M403.125M403.172M403.172M
total stockholders equity350.577M350.577M311.651M356.46M356.46M
total equity350.577M350.577M311.651M356.46M356.46M
total liabilities and stockholders equity586.008M586.008M545.221M589.757M0
minority interest00000
total investments576.706M576.706M536.755M580.087M580.087M
total debt232.015M232.015M231.978M232.087M0
net debt232.015M232.015M231.978M234.562M0
Graph

AFB Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-04-302024-01-312023-10-312023-04-302023-01-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202320232023
periodQ2Q1Q4Q2Q1
deferred income tax00000
stock based compensation00000
change in working capital-546.095K-546.095K1.595M-5.228M12.017M
accounts receivables-417.502K-417.502K1.204M24.034M12.017M
inventory00000
accounts payables2.095M0-1.367K-29.338M0
other working capital-128.593K-128.593K392.727K76.799K0
other non cash items-18.936M-18.936M45.914M-30.469M-24.054M
net cash provided by operating activities2.798M2.798M8.332M2.26M6.941M
investments in property plant and equipment00000
acquisitions net00000
purchases of investments-80.896M0-202.162M-106.847M0
sales maturities of investments70.141M0200.802M125.835M0
other investing activites00000
net cash used for investing activites-10.756M0-1.36M18.988M0
debt repayment000-7.926M0
common stock issued00000
common stock repurchased00000
dividends paid-5.633M-2.816M-5.658M-5.956M-2.978M
other financing activites18.671K18.671K-93.155K-3.963M-3.963M
net cash used provided by financing activities-2.798M-2.798M-5.751M-13.882M-6.941M
effect of forex changes on cash00000
net change in cash-59.00-30.001.221M7.366M0
cash at end of period43.00-30.00102.007.366M0
cash at beginning of period102.000-1.221M00
operating cashflow2.798M2.798M8.332M2.26M6.941M
capital expenditure00000
free cash flow2.798M2.798M8.332M2.26M6.941M
Graph

Frequently Asked Questions

How did AllianceBernstein National Municipal Income Fund, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, AFB generated $6.46M in revenue last quarter, while its costs came in at $7.09M.

Last quarter, how much Gross Profit did AllianceBernstein National Municipal Income Fund, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. AllianceBernstein National Municipal Income Fund, Inc. reported a -$628.57K Gross Profit for the quarter ended Apr 30, 2024.

Have AFB's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. AFB incurred $907.68K worth of Operating Expenses, while it generated $5.55M worth of Operating Income.

How much Net Income has AFB posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from AllianceBernstein National Municipal Income Fund, Inc., the company generated $22.28M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did AllianceBernstein National Municipal Income Fund, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to AllianceBernstein National Municipal Income Fund, Inc. as of the end of the last quarter was $43.00.

What are AFB's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, AFB had Total Net Receivables of $9.30M.

In terms of Total Assets and Current Assets, where did AllianceBernstein National Municipal Income Fund, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of AFB were $9.30M, while the Total Assets stand at $586.01M.

As of the last quarter, how much Total Debt did AllianceBernstein National Municipal Income Fund, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of AFB's debt was $232.02M at the end of the last quarter.

What were AFB's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, AFB reported total liabilities of $235.43M.

How much did AFB's Working Capital change over the last quarter?

Working Capital Change for AFB was -$546.10K over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

AFB generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. AFB generated $2.80M of Cash from Operating Activities during its recently reported quarter.

What was AFB's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. AFB reported a -$59.00 Net Change in Cash in the most recent quarter.

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