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12/31/2018 12/31/2017 12/31/2016 12/31/2015 Current Assets Cash And Cash Equivalents 8,719,000 10,607,000 9,157,000 9,095,000 Short Term Investments 270,000 8,897,000 6,966,000 2,912,000 Net Receivables 7,140,000 7,021,000
12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
Current Assets | |||||
Cash And Cash Equivalents | 8,719,000 | 10,607,000 | 9,157,000 | 9,095,000 | |
Short Term Investments | 270,000 | 8,897,000 | 6,966,000 | 2,912,000 | |
Net Receivables | 7,140,000 | 7,021,000 | 6,693,000 | 6,436,000 | |
Inventory | 3,126,000 | 2,944,000 | 2,722,000 | 2,719,000 | |
Other Current Assets | 2,042,000 | 43,000 | 31,000 | 730,000 | |
Total Current Assets | 21,297,000 | 29,512,000 | 25,569,000 | 21,892,000 | |
Long Term Investments | 2,407,000 | 2,039,000 | 1,949,000 | 2,310,000 | |
Property Plant and Equipment | 17,587,000 | 17,237,000 | 16,590,000 | 16,316,000 | |
Goodwill | 14,806,000 | 14,741,000 | 14,429,000 | 14,176,000 | |
Intangible Assets | 15,823,000 | 13,835,000 | 13,432,000 | 13,080,000 | |
Other Assets | 5,122,000 | 910,000 | 635,000 | 749,000 | |
Total Assets | 77,042,000 | 78,274,000 | 72,604,000 | 68,523,000 | |
Current Liabilities | |||||
Accounts Payable | 7,211,000 | 6,724,000 | 6,157,000 | 5,545,000 | |
Short/Current Long Term Debt | 3,951,000 | 4,017,000 | 4,400,000 | 3,108,000 | |
Other Current Liabilities | 6,601,000 | 4,112,000 | 3,870,000 | 3,882,000 | |
Total Current Liabilities | 17,763,000 | 14,853,000 | 14,427,000 | 12,535,000 | |
Long Term Debt | 28,293,000 | 33,793,000 | 30,052,000 | 29,591,000 | |
Other Liabilities | 12,611,000 | 14,522,000 | 11,102,000 | 10,466,000 | |
Total Liabilities | 58,667,000 | 63,168,000 | 55,581,000 | 52,592,000 | |
Stockholders' Equity | |||||
Total Stockholder Equity | 18,375,000 | 15,106,000 | 17,023,000 | 15,931,000 | |
Ratio Analysis Attached are the financial statements for Smith Company, Inc. Use the financial statements to calculate the attached ratios. Write a couple sentences interpreting the ratio.
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