CCF · Chase Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $404.01M | $325.66M | $293.34M | $261.16M | $252.56M | $284.19M |
| Cost of Revenue | $258.57M | $202.71M | $174.66M | $161.62M | $146.04M | $175.14M |
| Gross Profit | $145.44M | $122.95M | $118.68M | $96.13M | $103.83M | $109.05M |
| R&D | $6.04M | $4.42M | $4.06M | $4.01M | $4.02M | $3.94M |
| SG&A | $77.12M | $54.44M | $52.10M | $49.36M | $52.73M | $52.30M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | - | $3.55M | $3.95M | $4.01M | $4.76M | $5.82M |
| Operating Income | $53.61M | $58.83M | $59.65M | $47.24M | $45.06M | $55.09M |
| Interest Expense | $8.98M | $425.0K | $297.0K | $246.0K | $519.0K | $1.17M |
| Income Tax | $10.01M | $13.93M | $13.67M | $11.16M | $10.84M | $13.82M |
| Net Income | $33.18M | $44.67M | $44.92M | $34.16M | $32.71M | $43.14M |
| EPS - Basic | $3.49 | $4.72 | $4.75 | $3.62 | $3.48 | $4.60 |
| EPS - Diluted | $3.48 | $4.70 | $4.73 | $3.59 | $3.46 | $4.56 |
Balance Sheet
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $49.02M | $315.50M | $119.43M | $99.07M | $47.77M | $34.83M |
| Accounts Receivable | $54.28M | $51.54M | $46.21M | $36.99M | $39.32M | $44.61M |
| Inventory | $69.58M | $63.04M | $41.22M | $39.06M | $42.35M | $39.70M |
| Accounts Payable | $18.32M | $20.12M | $19.57M | $12.53M | $12.11M | $17.81M |
| Current Assets | $184.79M | $436.78M | $212.96M | $177.82M | $134.38M | $126.23M |
| Total Assets | $600.81M | $611.58M | $404.16M | $346.83M | $307.97M | $316.47M |
| Current Liabilities | $41.66M | $35.33M | $32.92M | $23.14M | $22.44M | $28.93M |
| Long-term Debt | $105.00M | $180.00M | $0 | $0 | $25.00M | $25.00M |
| Total Liabilities | $192.50M | $59.84M | - | - | - | - |
| Stockholders' Equity | $408.31M | $372.83M | $344.32M | $302.79M | $271.23M | $246.76M |
| Retained Earnings | $394.52M | $370.84M | $335.63M | $298.27M | $270.26M | $245.05M |
Cash Flow
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $74.34M | $34.86M | $61.22M | $55.73M | $49.53M | $46.07M |
| Investing Cash Flow | ($257.23M) | ($4.43M) | ($33.93M) | $2.08M | ($2.17M) | ($73.77M) |
| Financing Cash Flow | ($85.42M) | $169.84M | ($8.25M) | ($8.42M) | ($33.45M) | $14.42M |
| CapEx | $7.31M | $3.94M | $2.44M | $1.37M | $2.49M | $3.49M |
| Free Cash Flow | $67.03M | $30.92M | $58.78M | $54.36M | $47.05M | $42.58M |
Ratios
| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36.0% | 37.8% | 40.5% | 36.8% | 41.1% | 38.4% |
| Operating margin | 13.3% | 18.1% | 20.3% | 18.1% | 17.8% | 19.4% |
| EBITDA margin | - | 19.2% | 21.7% | 19.6% | 19.7% | 21.4% |
| Net margin | 8.2% | 13.7% | 15.3% | 13.1% | 13.0% | 15.2% |
| Free cash flow margin | 16.6% | 9.5% | 20.0% | 20.8% | 18.6% | 15.0% |
| FCF / Net income | 2.02 | 0.69 | 1.31 | 1.59 | 1.44 | 0.99 |
| R&D / Revenue | 1.5% | 1.4% | 1.4% | 1.5% | 1.6% | 1.4% |
| SG&A / Revenue | 19.1% | 16.7% | 17.8% | 18.9% | 20.9% | 18.4% |
| Effective tax rate | 23.2% | 23.8% | 23.3% | 24.6% | 24.9% | 24.3% |
| Return on assets | 5.5% | 7.3% | 11.1% | 9.8% | 10.6% | 13.6% |
| Return on equity | 8.1% | 12.0% | 13.0% | 11.3% | 12.1% | 17.5% |
| Return on invested capital | 8.0% | 8.1% | 13.3% | 11.8% | 11.4% | 15.4% |
| Liquidity | ||||||
| Current ratio | 4.44 | 12.36 | 6.47 | 7.68 | 5.99 | 4.36 |
| Quick ratio | 2.77 | 10.58 | 5.22 | 6.00 | 4.10 | 2.99 |
| Cash ratio | 1.18 | 8.93 | 3.63 | 4.28 | 2.13 | 1.20 |
| Leverage | ||||||
| Debt / Equity | 0.26 | 0.48 | 0.00 | 0.00 | 0.09 | 0.10 |
| Debt / Assets | 0.17 | 0.29 | 0.00 | 0.00 | 0.08 | 0.08 |
| Debt / EBITDA | - | 2.89 | 0.00 | 0.00 | 0.50 | 0.41 |
| Interest coverage | 6.0x | 138.4x | 200.8x | 192.0x | 86.8x | 47.0x |
| Equity multiplier | 1.47 | 1.64 | 1.17 | 1.15 | 1.14 | 1.28 |
| Liabilities / Assets | 0.32 | 0.10 | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.67 | 0.53 | 0.73 | 0.75 | 0.82 | 0.90 |
| Inventory turnover | 3.72 | 3.22 | 4.24 | 4.14 | 3.45 | 4.41 |
| Days sales outstanding | 49d | 58d | 58d | 52d | 57d | 57d |
| Days inventory outstanding | 98d | 114d | 86d | 88d | 106d | 83d |
| Days payable outstanding | 26d | 36d | 41d | 28d | 30d | 37d |
| Cash conversion cycle | 121d | 135d | 103d | 112d | 132d | 103d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 24.1% | 11.0% | 12.3% | 3.4% | -11.1% | 12.5% |
| Revenue CAGR (3y) | 15.7% | 8.8% | 1.1% | 1.1% | 2.0% | 6.1% |
| Revenue CAGR (5y) | 7.3% | 5.2% | 4.3% | 1.9% | 2.4% | 5.6% |
| Gross profit growth (YoY) | 18.3% | 3.6% | 23.5% | -7.4% | -4.8% | 2.4% |
| Operating income growth (YoY) | -8.9% | -1.4% | 26.3% | 4.8% | -18.2% | -5.2% |
| Net income growth (YoY) | -25.7% | -0.6% | 31.5% | 4.4% | -24.2% | 2.7% |
| EPS growth (YoY) | -26.0% | -0.6% | 31.8% | 3.8% | -24.1% | 2.7% |
| EPS CAGR (3y) | -1.0% | 10.7% | 1.2% | -6.8% | -0.4% | 17.4% |
| EPS CAGR (5y) | -5.3% | 1.1% | 6.2% | 4.9% | 3.9% | 19.5% |
| FCF growth (YoY) | 116.8% | -47.4% | 8.1% | 15.6% | 10.5% | -12.6% |
| FCF CAGR (5y) | 9.5% | -8.7% | 4.7% | 7.2% | 14.1% | 11.1% |
| Book value growth (YoY) | 9.5% | 8.3% | 13.7% | 11.6% | 9.9% | 17.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-08-31.
Business segments
$404.01M totalAdhesives Sealants And Additives$207.90M · 51.5%
Industrial Tapes$153.66M · 38.0%
Corrosion Protection And Waterproofing$42.45M · 10.5%
Product / service
$404.01M totalProduct$400.88M · 99.2%
Royalty$3.13M · 0.8%
Geographic
$611.91M totalUS$345.12M · 56.4%
North America$110.00M · 18.0%
Asia Middle East$51.06M · 8.3%
Europe$45.63M · 7.5%
FR$24.83M · 4.1%
GB$23.67M · 3.9%
All Other Foreign$10.40M · 1.7%
Other Countries$1.21M · 0.2%
Stability scores
Altman Z′
FY 2023 · bankruptcy risk
2.57
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2023 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Electric Lighting & Wiring Equipment
Comparing CHASE CORP against the 5 most active filers in the same SIC group.