SCX · Starrett L S Co - 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 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q2 '22 | Q1 '23 | Q3 '22 | Q2 '21 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.77M | $62.08M | $60.64M | - | $61.68M | $66.78M | $60.46M | $60.48M | $61.32M | $61.51M |
| Cost of Revenue | $43.19M | $43.11M | $41.10M | - | $42.45M | $45.20M | $40.26M | $39.46M | $42.37M | $41.37M |
| Gross Profit | $17.58M | $18.96M | $19.54M | - | $19.22M | $21.58M | $20.20M | $21.02M | $18.95M | $20.14M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $16.87M | $16.47M | $17.08M | - | $15.11M | $15.56M | $16.29M | $14.99M | $14.75M | $16.01M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $1.38M | - | - | - | $1.29M | - | - | $1.26M |
| Operating Income | $710.0K | $2.49M | $2.46M | - | $4.11M | $5.96M | $3.72M | $5.37M | $4.20M | $4.13M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $55.0K | $2.36M | $174.0K | - | ($3.96M) | $1.71M | $984.0K | $1.77M | $1.01M | $1.13M |
| Net Income | $638.0K | ($394.0K) | $1.92M | - | $7.47M | $3.13M | $2.06M | $4.28M | $2.53M | $3.23M |
| EPS - Basic | $0.09 | ($0.05) | $0.26 | - | $1.01 | $0.42 | $0.28 | $0.59 | $0.35 | $0.45 |
| EPS - Diluted | $0.08 | ($0.05) | $0.25 | - | $0.99 | $0.42 | $0.27 | $0.57 | $0.34 | $0.44 |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q2 '22 | Q1 '23 | Q3 '22 | Q2 '21 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.53M | $5.68M | $10.45M | $10.45M | $8.60M | $14.52M | $11.90M | $8.02M | $9.44M | $9.11M |
| Accounts Receivable | $35.87M | $34.83M | $34.51M | $36.61M | $36.27M | $38.15M | $38.06M | $41.41M | $34.53M | $39.09M |
| Inventory | $58.52M | $61.28M | $65.13M | $65.41M | $67.69M | $70.09M | $70.08M | $73.08M | $63.87M | $61.20M |
| Accounts Payable | $14.75M | $13.49M | $16.59M | $15.05M | $15.01M | $13.02M | $15.75M | $17.91M | $15.11M | $17.31M |
| Current Assets | $112.11M | $112.74M | $122.02M | $122.20M | $122.62M | $126.92M | $130.19M | $137.53M | $122.32M | $122.42M |
| Total Assets | $186.63M | $187.06M | $195.77M | $192.80M | $193.87M | $193.11M | $194.43M | $205.87M | $188.32M | $189.60M |
| Current Liabilities | $35.86M | $36.27M | $41.51M | $39.56M | $37.65M | $35.33M | $38.51M | $58.96M | $51.81M | $56.30M |
| Long-term Debt | $5.77M | $3.10M | $7.94M | $5.27M | $9.99M | $20.31M | $24.01M | $9.40M | $9.16M | $5.54M |
| Total Liabilities | $56.52M | $55.94M | $66.78M | $63.34M | $76.81M | $85.20M | $92.60M | $109.59M | $103.13M | $106.35M |
| Stockholders' Equity | $130.10M | $131.13M | $128.99M | $129.47M | $117.06M | $107.91M | $101.83M | $96.27M | $85.19M | $83.25M |
| Retained Earnings | $114.31M | $113.67M | $114.07M | $112.15M | $101.72M | $94.25M | $91.11M | $84.22M | $79.94M | $77.41M |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q2 '22 | Q1 '23 | Q3 '22 | Q2 '21 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $4.82M | - | - | - | $628.0K | - | - | ($5.84M) |
| Investing Cash Flow | - | - | ($3.51M) | - | - | - | ($1.16M) | - | - | ($2.62M) |
| Financing Cash Flow | - | - | $930.0K | - | - | - | ($2.09M) | - | - | $5.71M |
| CapEx | - | - | $3.15M | - | - | - | $960.0K | - | - | $2.33M |
| Free Cash Flow | - | - | $1.67M | - | - | - | ($332.0K) | - | - | ($8.18M) |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q2 '22 | Q1 '23 | Q3 '22 | Q2 '21 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 28.9% | 30.5% | 32.2% | - | 31.2% | 32.3% | 33.4% | 34.8% | 30.9% | 32.7% |
| Operating margin | 1.2% | 4.0% | 4.1% | - | 6.7% | 8.9% | 6.1% | 8.9% | 6.9% | 6.7% |
| EBITDA margin | - | - | 6.3% | - | - | - | 8.3% | - | - | 8.8% |
| Net margin | 1.0% | -0.6% | 3.2% | - | 12.1% | 4.7% | 3.4% | 7.1% | 4.1% | 5.3% |
| Free cash flow margin | - | - | 2.8% | - | - | - | -0.5% | - | - | -13.3% |
| FCF / Net income | - | - | 0.87 | - | - | - | -0.16 | - | - | -2.53 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 27.8% | 26.5% | 28.2% | - | 24.5% | 23.3% | 26.9% | 24.8% | 24.1% | 26.0% |
| Effective tax rate | 7.9% | 120.0% | 8.3% | - | -112.8% | 35.3% | 32.4% | 29.3% | 28.6% | 25.9% |
| Return on assets | 0.3% | -0.2% | 1.0% | - | 3.9% | 1.6% | 1.1% | 2.1% | 1.3% | 1.7% |
| Return on equity | 0.5% | -0.3% | 1.5% | - | 6.4% | 2.9% | 2.0% | 4.4% | 3.0% | 3.9% |
| Return on invested capital | 0.5% | 0.9% | 1.6% | - | 3.2% | 3.0% | 2.0% | 3.6% | 3.2% | 3.5% |
| Liquidity | ||||||||||
| Current ratio | 3.13 | 3.11 | 2.94 | 3.09 | 3.26 | 3.59 | 3.38 | 2.33 | 2.36 | 2.17 |
| Quick ratio | 1.49 | 1.42 | 1.37 | 1.44 | 1.46 | 1.61 | 1.56 | 1.09 | 1.13 | 1.09 |
| Cash ratio | 0.21 | 0.16 | 0.25 | 0.26 | 0.23 | 0.41 | 0.31 | 0.14 | 0.18 | 0.16 |
| Leverage | ||||||||||
| Debt / Equity | 0.04 | 0.02 | 0.06 | 0.04 | 0.09 | 0.19 | 0.24 | 0.10 | 0.11 | 0.07 |
| Debt / Assets | 0.03 | 0.02 | 0.04 | 0.03 | 0.05 | 0.11 | 0.12 | 0.05 | 0.05 | 0.03 |
| Debt / EBITDA | - | - | 2.07 | - | - | - | 4.80 | - | - | 1.03 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.43 | 1.43 | 1.52 | 1.49 | 1.66 | 1.79 | 1.91 | 2.14 | 2.21 | 2.28 |
| Liabilities / Assets | 0.30 | 0.30 | 0.34 | 0.33 | 0.40 | 0.44 | 0.48 | 0.53 | 0.55 | 0.56 |
| Efficiency | ||||||||||
| Asset turnover | 0.33 | 0.33 | 0.31 | - | 0.32 | 0.35 | 0.31 | 0.29 | 0.33 | 0.32 |
| Inventory turnover | 0.74 | 0.70 | 0.63 | - | 0.63 | 0.64 | 0.57 | 0.54 | 0.66 | 0.68 |
| Days sales outstanding | 215d | 205d | 208d | - | 215d | 209d | 230d | 250d | 206d | 232d |
| Days inventory outstanding | 495d | 519d | 578d | - | 582d | 566d | 635d | 676d | 550d | 540d |
| Days payable outstanding | 125d | 114d | 147d | - | 129d | 105d | 143d | 166d | 130d | 153d |
| Cash conversion cycle | 585d | 609d | 639d | - | 668d | 669d | 722d | 760d | 626d | 619d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -1.5% | - | 0.3% | - | 2.0% | 8.9% | -1.7% | 10.1% | 7.8% | 24.5% |
| Revenue CAGR (3y) | 3.4% | 0.4% | 7.1% | - | 7.2% | 5.7% | 5.1% | 1.1% | 5.6% | 5.8% |
| Revenue CAGR (5y) | 0.8% | 1.9% | 3.2% | - | 2.4% | 4.7% | 3.1% | 3.6% | 2.7% | 4.7% |
| Gross profit growth (YoY) | -8.5% | - | -3.3% | - | -8.5% | 13.9% | 0.3% | 15.8% | 1.7% | 29.4% |
| Operating income growth (YoY) | -82.7% | - | -33.8% | - | -23.4% | 41.9% | -10.1% | 39.6% | 52.1% | 125.2% |
| Net income growth (YoY) | -91.5% | - | -6.6% | - | 74.4% | 23.9% | -36.4% | 42.0% | 100.6% | -21.5% |
| EPS growth (YoY) | -91.9% | - | -7.4% | - | 73.7% | 23.5% | -38.6% | -99.9% | 88.9% | -22.8% |
| EPS CAGR (3y) | -94.2% | - | -24.0% | - | 122.4% | 15.9% | 34.9% | 23.9% | - | 76.5% |
| EPS CAGR (5y) | -23.2% | - | 25.6% | - | 33.9% | - | 35.1% | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | 95.9% | - | - | - |
| FCF CAGR (5y) | - | - | 55.5% | - | - | - | - | - | - | - |
| Book value growth (YoY) | 11.1% | 1.3% | 26.7% | 20.0% | 21.6% | 26.7% | 22.3% | 67.9% | 85.3% | 65.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-06-30.
Business segments
$256.18M totalInternational Segment$100.87M · 39.4%
North American Segment$90.29M · 35.2%
Global Test And Measurement$65.02M · 25.4%
Peer comparison
Same SIC group: Cutlery, Handtools & General Hardware
Comparing STARRETT L S CO against the 5 most active filers in the same SIC group.