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 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $106.64M | $94.28M | $102.89M | $88.62M | $73.95M | $75.01M | $79.59M | $68.45M | $67.18M | $64.87M |
| Cost of Revenue | $66.44M | $59.62M | $67.00M | $54.44M | $46.91M | $47.28M | $46.31M | $40.91M | $39.60M | $39.69M |
| Gross Profit | $40.21M | $34.66M | $35.89M | $34.18M | $27.04M | $27.73M | $33.28M | $27.53M | $27.57M | $25.18M |
| R&D | $1.53M | $1.46M | $1.49M | $1.19M | $1.09M | $993.0K | $958.0K | $1.07M | $1.05M | - |
| SG&A | $19.19M | $18.44M | $21.61M | $13.81M | $13.13M | $13.38M | $13.97M | $12.33M | $12.26M | $12.77M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $2.33M | - | - | $877.0K | - | - | $1.00M | - |
| Operating Income | $18.82M | $13.68M | $11.26M | $19.60M | $12.43M | $12.83M | $18.07M | $13.22M | $14.26M | $12.14M |
| Interest Expense | $2.36M | $2.39M | $2.14M | $89.0K | $86.0K | $87.0K | $68.0K | $67.0K | $69.0K | $67.0K |
| Income Tax | $4.06M | $2.49M | $1.88M | $3.80M | $3.24M | $3.39M | $3.45M | $3.69M | $3.14M | $2.62M |
| Net Income | $12.09M | $8.50M | $6.72M | $15.54M | $9.13M | $9.73M | $14.29M | $9.17M | $10.84M | $9.91M |
| EPS - Basic | $1.27 | $0.90 | $0.71 | $1.64 | $0.96 | $1.03 | $1.51 | $0.97 | $1.15 | $1.05 |
| EPS - Diluted | $1.27 | $0.89 | $0.71 | $1.64 | $0.96 | $1.02 | $1.50 | $0.97 | $1.14 | $1.04 |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $49.02M | $36.37M | $56.32M | $315.50M | $116.04M | $124.23M | $119.43M | $86.23M | $90.06M | $99.07M |
| Accounts Receivable | $54.28M | $57.99M | $58.17M | $51.54M | $46.08M | $43.73M | $46.21M | $43.15M | $38.89M | $36.99M |
| Inventory | $69.58M | $84.28M | $85.98M | $63.04M | $53.00M | $47.08M | $41.22M | $37.03M | $35.96M | $39.06M |
| Accounts Payable | $18.32M | $22.57M | $23.57M | $20.12M | $17.33M | $17.43M | $19.57M | $15.29M | $12.07M | $12.53M |
| Current Assets | $184.79M | $198.14M | $214.74M | $436.78M | $223.03M | $221.29M | $212.96M | $172.03M | $170.11M | $177.82M |
| Total Assets | $600.81M | $622.04M | $643.06M | $611.58M | $406.76M | $408.53M | $404.16M | $369.02M | $361.31M | $346.83M |
| Current Liabilities | $41.66M | $41.10M | $51.83M | $35.33M | $26.79M | $37.62M | $32.92M | $23.85M | $29.13M | $23.14M |
| Long-term Debt | $105.00M | $145.00M | $165.00M | $180.00M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $192.50M | $238.68M | $270.04M | $238.75M | - | - | $59.84M | - | - | - |
| Stockholders' Equity | $408.31M | $383.36M | $373.02M | $372.83M | $353.27M | $343.27M | $344.32M | $318.54M | $306.95M | $302.79M |
| Retained Earnings | $394.52M | $376.57M | $368.06M | $370.84M | $345.02M | $335.90M | $335.63M | $310.72M | $301.55M | $298.27M |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $6.76M | - | - | $5.90M | - | - | $14.05M | - |
| Investing Cash Flow | - | - | ($251.13M) | - | - | ($617.0K) | - | - | ($22.96M) | - |
| Financing Cash Flow | - | - | ($15.23M) | - | - | - | - | - | ($226.0K) | - |
| CapEx | - | - | $2.05M | - | - | $496.0K | - | - | $660.0K | - |
| Free Cash Flow | - | - | $4.71M | - | - | $5.41M | - | - | $13.39M | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.7% | 36.8% | 34.9% | 38.6% | 36.6% | 37.0% | 41.8% | 40.2% | 41.0% | 38.8% |
| Operating margin | 17.6% | 14.5% | 10.9% | 22.1% | 16.8% | 17.1% | 22.7% | 19.3% | 21.2% | 18.7% |
| EBITDA margin | - | - | 13.2% | - | - | 18.3% | - | - | 22.7% | - |
| Net margin | 11.3% | 9.0% | 6.5% | 17.5% | 12.3% | 13.0% | 18.0% | 13.4% | 16.1% | 15.3% |
| Free cash flow margin | - | - | 4.6% | - | - | 7.2% | - | - | 19.9% | - |
| FCF / Net income | - | - | 0.70 | - | - | 0.56 | - | - | 1.24 | - |
| R&D / Revenue | 1.4% | 1.6% | 1.4% | 1.3% | 1.5% | 1.3% | 1.2% | 1.6% | 1.6% | - |
| SG&A / Revenue | 18.0% | 19.6% | 21.0% | 15.6% | 17.7% | 17.8% | 17.6% | 18.0% | 18.3% | 19.7% |
| Effective tax rate | 25.1% | 22.6% | 21.8% | 19.7% | 26.2% | 25.8% | 19.5% | 28.7% | 22.5% | 20.9% |
| Return on assets | 2.0% | 1.4% | 1.0% | 2.5% | 2.2% | 2.4% | 3.5% | 2.5% | 3.0% | 2.9% |
| Return on equity | 3.0% | 2.2% | 1.8% | 4.2% | 2.6% | 2.8% | 4.1% | 2.9% | 3.5% | 3.3% |
| Return on invested capital | 2.7% | 2.0% | 1.6% | 2.8% | 2.6% | 2.8% | 4.2% | 3.0% | 3.6% | 3.2% |
| Liquidity | ||||||||||
| Current ratio | 4.44 | 4.82 | 4.14 | 12.36 | 8.32 | 5.88 | 6.47 | 7.21 | 5.84 | 7.68 |
| Quick ratio | 2.77 | 2.77 | 2.48 | 10.58 | 6.35 | 4.63 | 5.22 | 5.66 | 4.60 | 6.00 |
| Cash ratio | 1.18 | 0.88 | 1.09 | 8.93 | 4.33 | 3.30 | 3.63 | 3.62 | 3.09 | 4.28 |
| Leverage | ||||||||||
| Debt / Equity | 0.26 | 0.38 | 0.44 | 0.48 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / Assets | 0.17 | 0.23 | 0.26 | 0.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | - | - | 12.14 | - | - | 0.00 | - | - | 0.00 | - |
| Interest coverage | 8.0x | 5.7x | 5.3x | 220.3x | 144.6x | 147.4x | 265.8x | 197.3x | 206.7x | 181.2x |
| Equity multiplier | 1.47 | 1.62 | 1.72 | 1.64 | 1.15 | 1.19 | 1.17 | 1.16 | 1.18 | 1.15 |
| Liabilities / Assets | 0.32 | 0.38 | 0.42 | 0.39 | - | - | 0.15 | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.18 | 0.15 | 0.16 | 0.14 | 0.18 | 0.18 | 0.20 | 0.19 | 0.19 | 0.19 |
| Inventory turnover | 0.95 | 0.71 | 0.78 | 0.86 | 0.89 | 1.00 | 1.12 | 1.10 | 1.10 | 1.02 |
| Days sales outstanding | 186d | 225d | 206d | 212d | 227d | 213d | 212d | 230d | 211d | 208d |
| Days inventory outstanding | 382d | 516d | 468d | 423d | 412d | 363d | 325d | 330d | 331d | 359d |
| Days payable outstanding | 101d | 138d | 128d | 135d | 135d | 135d | 154d | 136d | 111d | 115d |
| Cash conversion cycle | 467d | 602d | 546d | 500d | 505d | 442d | 382d | 424d | 432d | 452d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 20.3% | 27.5% | 37.2% | 11.3% | 8.0% | 11.7% | 22.7% | 4.4% | 0.6% | -17.8% |
| Revenue CAGR (3y) | 18.0% | 12.9% | 15.5% | 3.9% | 3.5% | 1.1% | 0.3% | 1.3% | 2.8% | -0.0% |
| Revenue CAGR (5y) | 6.2% | 7.4% | 10.7% | 6.4% | 5.2% | 4.1% | 4.4% | 4.5% | 3.2% | -0.0% |
| Gross profit growth (YoY) | 17.6% | 28.2% | 29.4% | 2.7% | -1.8% | 0.6% | 32.2% | 10.5% | 10.2% | -22.5% |
| Operating income growth (YoY) | -4.0% | 10.0% | -12.2% | 8.5% | -5.9% | -10.0% | 48.8% | 19.6% | 32.9% | -1.0% |
| Net income growth (YoY) | -22.2% | -6.8% | -30.9% | 8.8% | -0.5% | -10.2% | 44.2% | 16.4% | 47.2% | 16.0% |
| EPS growth (YoY) | -22.6% | -7.3% | -30.4% | 9.3% | -1.0% | -10.5% | 44.2% | 16.9% | 48.1% | 15.6% |
| EPS CAGR (3y) | 6.9% | 2.4% | -2.7% | 22.1% | 19.7% | 3.1% | 1.6% | -3.2% | 9.0% | -6.2% |
| EPS CAGR (5y) | -2.3% | -3.6% | -4.2% | 5.4% | 1.5% | -1.5% | 13.4% | 5.6% | 7.3% | 6.2% |
| FCF growth (YoY) | - | - | -13.0% | - | - | -59.6% | - | - | -23.3% | - |
| FCF CAGR (5y) | - | - | -3.8% | - | - | -6.8% | - | - | 9.1% | - |
| Book value growth (YoY) | 9.5% | 8.5% | 8.7% | 8.3% | 10.9% | 11.8% | 13.7% | 12.9% | 12.2% | 11.6% |
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%
Peer comparison
Same SIC group: Electric Lighting & Wiring Equipment
Comparing CHASE CORP against the 5 most active filers in the same SIC group.