KBAL · Kimball International Inc - 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 | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 | Q3 '21 | Q1 '21 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $166.18M | $182.95M | $177.81M | $151.40M | $180.92M | $156.61M | $136.20M | $138.68M | $147.94M | $192.16M |
| Cost of Revenue | $103.70M | $116.81M | $118.20M | $104.96M | $125.78M | $107.51M | $90.65M | $98.84M | $95.59M | $126.82M |
| Gross Profit | $62.48M | $66.14M | $59.61M | $46.44M | $55.14M | $49.10M | $45.55M | $39.83M | $52.36M | $65.34M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $57.51M | $56.80M | $53.41M | $51.92M | $48.78M | $50.16M | $45.97M | $44.93M | $41.69M | $49.72M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $4.18M | ($29.02M) | $9.00M | ($18.09M) | $7.00M | ($7.13M) | ($2.03M) | ($7.71M) | $6.43M | $14.23M |
| Interest Expense | $668.0K | $696.0K | $681.0K | $275.0K | $390.0K | $257.0K | $58.0K | $177.0K | $28.0K | $21.0K |
| Income Tax | ($1.39M) | $7.13M | $1.35M | $3.70M | ($534.0K) | ($2.51M) | $213.0K | ($2.99M) | $1.86M | $4.37M |
| Net Income | $5.69M | ($36.06M) | $6.56M | ($21.31M) | $6.29M | ($5.05M) | ($838.0K) | ($4.53M) | $5.39M | $11.04M |
| EPS - Basic | $0.16 | ($0.99) | $0.18 | ($0.58) | $0.17 | ($0.14) | ($0.02) | ($0.12) | $0.15 | $0.30 |
| EPS - Diluted | $0.15 | ($0.99) | $0.18 | ($0.58) | ($0.12) | ($0.14) | ($0.02) | - | $0.14 | $0.30 |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 | Q3 '21 | Q1 '21 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.77M | $14.07M | $16.76M | $10.93M | $12.73M | $27.86M | $24.34M | $33.45M | $102.93M | $91.80M |
| Accounts Receivable | $49.54M | $60.07M | $64.73M | $79.30M | $71.50M | $53.84M | $58.71M | $47.37M | $51.21M | $68.36M |
| Inventory | $89.63M | $104.81M | $105.94M | $97.97M | $83.55M | $59.23M | $54.29M | $58.42M | $42.15M | $49.86M |
| Accounts Payable | $46.76M | $57.25M | $69.73M | $70.94M | $70.45M | $48.18M | $41.54M | $37.74M | $36.55M | $40.23M |
| Current Assets | $173.65M | $194.48M | $212.18M | $219.14M | $198.45M | $164.85M | $159.35M | $159.69M | $224.57M | $232.40M |
| Total Assets | $382.80M | $398.20M | $454.36M | $461.28M | $448.60M | $443.13M | $444.60M | $446.27M | $377.72M | $386.27M |
| Current Liabilities | $122.84M | $135.58M | $146.96M | $151.48M | $145.10M | $130.73M | $115.24M | $146.83M | $98.78M | $109.32M |
| Long-term Debt | $50.00M | $60.00M | $65.00M | $68.05M | $58.05M | $40.05M | $40.08M | $392.0K | $79.0K | $109.0K |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $179.51M | $177.20M | $217.37M | $213.54M | $212.00M | $230.52M | $239.67M | $236.46M | $247.69M | $244.80M |
| Retained Earnings | $235.89M | $233.56M | $272.99M | $269.83M | $268.84M | $290.62M | $299.03M | $295.02M | $307.18M | $305.02M |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 | Q3 '21 | Q1 '21 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $18.09M | - | - | $11.90M | - | - | $26.96M | - |
| Investing Cash Flow | - | - | ($4.95M) | - | - | ($3.59M) | - | - | ($12.25M) | - |
| Financing Cash Flow | - | - | ($7.40M) | - | - | ($5.08M) | - | - | ($3.58M) | - |
| CapEx | - | - | $4.20M | - | - | $2.73M | - | - | $2.82M | - |
| Free Cash Flow | - | - | $13.89M | - | - | $9.17M | - | - | $24.14M | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 | Q3 '21 | Q1 '21 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.6% | 36.2% | 33.5% | 30.7% | 30.5% | 31.3% | 33.4% | 28.7% | 35.4% | 34.0% |
| Operating margin | 2.5% | -15.9% | 5.1% | -12.0% | 3.9% | -4.6% | -1.5% | -5.6% | 4.3% | 7.4% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 3.4% | -19.7% | 3.7% | -14.1% | 3.5% | -3.2% | -0.6% | -3.3% | 3.6% | 5.7% |
| Free cash flow margin | - | - | 7.8% | - | - | 5.9% | - | - | 16.3% | - |
| FCF / Net income | - | - | 2.12 | - | - | -1.82 | - | - | 4.48 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 34.6% | 31.0% | 30.0% | 34.3% | 27.0% | 32.0% | 33.8% | 32.4% | 28.2% | 25.9% |
| Effective tax rate | -32.3% | - | 17.0% | - | -9.3% | - | - | - | 25.7% | 28.4% |
| Return on assets | 1.5% | -9.1% | 1.4% | -4.6% | 1.4% | -1.1% | -0.2% | -1.0% | 1.4% | 2.9% |
| Return on equity | 3.2% | -20.4% | 3.0% | -10.0% | 3.0% | -2.2% | -0.3% | -1.9% | 2.2% | 4.5% |
| Return on invested capital | 1.8% | -9.7% | 2.6% | -5.1% | 2.6% | -2.1% | -0.6% | -2.6% | 1.9% | 4.2% |
| Liquidity | ||||||||||
| Current ratio | 1.41 | 1.43 | 1.44 | 1.45 | 1.37 | 1.26 | 1.38 | 1.09 | 2.27 | 2.13 |
| Quick ratio | 0.68 | 0.66 | 0.72 | 0.80 | 0.79 | 0.81 | 0.91 | 0.69 | 1.85 | 1.67 |
| Cash ratio | 0.15 | 0.10 | 0.11 | 0.07 | 0.09 | 0.21 | 0.21 | 0.23 | 1.04 | 0.84 |
| Leverage | ||||||||||
| Debt / Equity | 0.28 | 0.34 | 0.30 | 0.32 | 0.27 | 0.17 | 0.17 | 0.00 | 0.00 | 0.00 |
| Debt / Assets | 0.13 | 0.15 | 0.14 | 0.15 | 0.13 | 0.09 | 0.09 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 6.3x | -41.7x | 13.2x | -65.8x | 17.9x | -27.7x | -35.1x | -43.6x | 229.6x | 677.4x |
| Equity multiplier | 2.13 | 2.25 | 2.09 | 2.16 | 2.12 | 1.92 | 1.86 | 1.89 | 1.52 | 1.58 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.43 | 0.46 | 0.39 | 0.33 | 0.40 | 0.35 | 0.31 | 0.31 | 0.39 | 0.50 |
| Inventory turnover | 1.16 | 1.11 | 1.12 | 1.07 | 1.51 | 1.82 | 1.67 | 1.69 | 2.27 | 2.54 |
| Days sales outstanding | 109d | 120d | 133d | 191d | 144d | 125d | 157d | 125d | 126d | 130d |
| Days inventory outstanding | 315d | 328d | 327d | 341d | 242d | 201d | 219d | 216d | 161d | 143d |
| Days payable outstanding | 165d | 179d | 215d | 247d | 204d | 164d | 167d | 139d | 140d | 116d |
| Cash conversion cycle | 260d | 268d | 245d | 285d | 182d | 163d | 209d | 201d | 148d | 158d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -8.1% | 20.8% | 13.5% | 11.2% | 30.5% | 5.9% | -29.1% | -22.2% | -26.6% | -4.4% |
| Revenue CAGR (3y) | -2.3% | -1.6% | -4.1% | -9.0% | 0.7% | -6.9% | -7.8% | -4.2% | -4.4% | 4.2% |
| Revenue CAGR (5y) | 1.0% | 1.0% | 1.0% | -2.3% | 3.4% | -2.2% | -3.6% | -1.6% | -1.1% | 4.9% |
| Gross profit growth (YoY) | 13.3% | 42.4% | 21.4% | 2.0% | 38.4% | -6.2% | -30.3% | -34.2% | -25.6% | 0.5% |
| Operating income growth (YoY) | -40.3% | -60.4% | - | -789.6% | - | - | - | - | -57.4% | 5.4% |
| Net income growth (YoY) | -9.6% | -69.2% | - | -2443.4% | - | - | - | - | -52.7% | 17.4% |
| EPS growth (YoY) | - | -70.7% | - | -2800.0% | - | - | - | - | -54.8% | 20.0% |
| EPS CAGR (3y) | -15.7% | - | -16.6% | - | - | - | - | - | -21.6% | 9.3% |
| EPS CAGR (5y) | -1.3% | - | -9.1% | - | - | - | - | - | -1.4% | - |
| FCF growth (YoY) | - | - | 51.5% | - | - | -62.0% | - | - | 477.0% | - |
| FCF CAGR (5y) | - | - | 86.4% | - | - | -3.0% | - | - | 90.4% | - |
| Book value growth (YoY) | -15.3% | -17.0% | -5.7% | -10.9% | -10.3% | -6.9% | -2.1% | -0.8% | 10.1% | 13.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-06-30.
Geographic
$665.88M totalUS$655.99M · 98.5%
Geographic Distribution Foreign$9.89M · 1.5%
Peer comparison
Same SIC group: Household Furniture
Comparing KIMBALL INTERNATIONAL INC against the 5 most active filers in the same SIC group.