CoverageForm 410-K10-Q8-K13D13G13F

SAL · Salisbury Bancorp, 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 itemFY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Revenue------
Cost of Revenue------
Gross Profit------
R&D------
SG&A------
Total Operating Expenses------
D&A$4.28M$4.11M$4.02M$4.02M$4.54M$3.38M
Operating Income$19.41M$20.74M$14.39M$13.49M$10.53M$9.27M
Interest Expense$4.97M$3.45M$5.29M$9.30M$7.22M$3.85M
Income Tax$3.54M$4.27M$2.45M$2.36M$1.71M$2.59M
Net Income$15.87M$16.47M$11.94M$11.14M$8.82M$6.68M
EPS - Basic$2.75$5.77$4.21$3.95$3.15$2.43
EPS - Diluted$2.74$5.72$4.20$3.93$3.13$2.41

Balance Sheet

Line itemFY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Cash & Equivalents$50.54M$175.34M$93.16M$26.89M$58.45M$36.10M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$1.54B$1.53B$1.29B$1.11B$1.12B$986.98M
Current Liabilities------
Long-term Debt------
Total Liabilities$1.41B$1.39B$1.17B$998.79M$1.02B$889.47M
Stockholders' Equity$128.35M$136.60M$124.75M$113.66M$103.46M$97.51M
Retained Earnings$102.18M$90.00M$76.97M$68.32M$60.34M$54.66M

Cash Flow

Line itemFY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Operating Cash Flow$27.45M$18.05M$13.80M$14.33M$13.28M$11.27M
Investing Cash Flow($168.74M)($153.21M)($114.02M)($23.38M)($118.14M)($74.00M)
Financing Cash Flow$16.49M$217.33M$166.50M($22.52M)$114.82M$36.10M
CapEx$849.0K$2.31M$4.37M$2.06M$1.39M$1.28M
Free Cash Flow$26.60M$15.73M$9.44M$12.28M$11.88M$9.99M

Ratios

MetricFY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income1.680.960.791.101.351.49
R&D / Revenue------
SG&A / Revenue------
Effective tax rate18.2%20.6%17.0%17.5%16.2%27.9%
Return on assets1.0%1.1%0.9%1.0%0.8%0.7%
Return on equity12.4%12.1%9.6%9.8%8.5%6.9%
Return on invested capital------
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage3.9x6.0x2.7x1.5x1.5x2.4x
Equity multiplier12.0111.1910.379.7910.8410.12
Liabilities / Assets0.920.910.900.900.910.90
Efficiency
Asset turnover------
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E------
P / B------
P / S------
EV / EBITDA------
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)------
Operating income growth (YoY)-6.4%44.1%6.7%28.1%13.6%-
Net income growth (YoY)-3.6%38.0%7.2%26.2%32.0%-
EPS growth (YoY)-52.1%36.2%6.9%25.6%29.9%-
EPS CAGR (3y)-11.3%22.3%20.3%---
EPS CAGR (5y)2.6%----1.1%
FCF growth (YoY)69.0%66.7%-23.1%3.3%19.0%-
FCF CAGR (5y)21.6%----8.2%
Book value growth (YoY)-6.0%9.5%9.8%9.9%6.1%-

Stability scores

Piotroski F-score

FY 2022 · 9-point quality

3/9
Weak
  • 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: Savings Institution, Federally Chartered

CompanyRevenue (last FY)Net marginROE
CLBK$580.0K8925.2%4.5%
AX$65.79M658.0%16.1%
WNEB--6.2%
PFS$73.11M398.3%10.3%
TFSL--4.8%

Comparing SALISBURY BANCORP against the 5 most active filers in the same SIC group.