SUMR · Summer Infant, 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 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.38M | $41.55M | $30.60M | $36.20M | $40.70M | $38.21M | $40.34M | - | $41.52M | $46.42M |
| Cost of Revenue | $27.11M | $29.78M | $20.94M | $25.54M | $27.17M | $24.18M | $27.84M | - | $28.93M | $31.58M |
| Gross Profit | $7.27M | $11.77M | $9.67M | $10.66M | $13.54M | $14.04M | $12.50M | - | $12.60M | $14.84M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $7.95M | $7.12M | $6.79M | $7.03M | $6.89M | $6.73M | $8.15M | - | $8.35M | $8.52M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $561.0K | $555.0K | $560.0K | $560.0K | $783.0K | $813.0K | $967.0K | - | $1.01M | $952.0K |
| Operating Income | ($3.50M) | $982.0K | ($142.0K) | $663.0K | $3.06M | $2.76M | ($55.0K) | - | ($274.0K) | $1.34M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | $383.0K | $149.0K | $67.0K | ($166.0K) | $351.0K | ($255.0K) | - | $195.0K | $267.0K |
| Net Income | ($3.92M) | $252.0K | $1.35M | $260.0K | $2.21M | $1.29M | ($1.21M) | - | ($1.66M) | ($224.0K) |
| EPS - Basic | ($1.81) | $0.12 | $0.63 | $0.12 | $1.04 | $0.61 | ($0.57) | - | ($0.09) | ($0.01) |
| EPS - Diluted | ($1.81) | $0.12 | $0.62 | $0.12 | $1.03 | $0.61 | ($0.57) | - | ($0.09) | ($0.01) |
Balance Sheet
| Line item | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $598.0K | $389.0K | $457.0K | $447.0K | $871.0K | $848.0K | $693.0K | $395.0K | $659.0K | $580.0K |
| Accounts Receivable | $28.80M | $34.45M | $23.80M | $28.61M | $30.76M | $28.04M | $30.47M | $32.79M | $29.68M | $35.98M |
| Inventory | $21.97M | $24.65M | $18.20M | $16.55M | $24.46M | $18.83M | $25.17M | $28.06M | $30.16M | $32.60M |
| Accounts Payable | $22.55M | $25.76M | $21.08M | $21.62M | $29.46M | $24.25M | $25.53M | $25.40M | $24.48M | $24.68M |
| Current Assets | $53.39M | $60.63M | $43.72M | $47.10M | $58.90M | $51.61M | $59.37M | $64.18M | $61.81M | $70.38M |
| Total Assets | $82.09M | $92.04M | $76.19M | $80.86M | $82.66M | $76.19M | $85.58M | $91.54M | $91.01M | $100.68M |
| Current Liabilities | $36.59M | $38.50M | $31.01M | $33.03M | $40.85M | $35.77M | $35.72M | $36.05M | $34.12M | $35.62M |
| Long-term Debt | $33.54M | $33.40M | $24.51M | $26.40M | $32.13M | $32.38M | $41.76M | $45.36M | $45.47M | $51.25M |
| Total Liabilities | $83.37M | $84.73M | $69.11M | $75.52M | $74.61M | $70.50M | $81.27M | $85.96M | $84.68M | $92.66M |
| Stockholders' Equity | ($1.28M) | $7.31M | $7.08M | $5.34M | $8.05M | $5.68M | $4.31M | $5.58M | $11.50M | $8.01M |
| Retained Earnings | ($77.00M) | ($68.32M) | ($68.58M) | ($69.93M) | ($66.80M) | ($69.01M) | ($70.30M) | ($69.09M) | ($67.17M) | ($65.51M) |
Cash Flow
| Line item | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.08M | - | - | $1.32M | - | - | $4.89M | - | - | - |
| Investing Cash Flow | ($44.0K) | - | - | ($191.0K) | - | - | ($245.0K) | - | - | - |
| Financing Cash Flow | ($2.01M) | - | - | ($1.18M) | - | - | ($4.52M) | - | - | - |
| CapEx | $32.0K | - | - | $191.0K | - | - | $220.0K | - | - | - |
| Free Cash Flow | $2.05M | - | - | $1.13M | - | - | $4.67M | - | - | - |
Ratios
| Metric | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 21.1% | 28.3% | 31.6% | 29.4% | 33.3% | 36.7% | 31.0% | - | 30.3% | 32.0% |
| Operating margin | -10.2% | 2.4% | -0.5% | 1.8% | 7.5% | 7.2% | -0.1% | - | -0.7% | 2.9% |
| EBITDA margin | -8.6% | 3.7% | 1.4% | 3.4% | 9.4% | 9.3% | 2.3% | - | 1.8% | 4.9% |
| Net margin | -11.4% | 0.6% | 4.4% | 0.7% | 5.4% | 3.4% | -3.0% | - | -4.0% | -0.5% |
| Free cash flow margin | 6.0% | - | - | 3.1% | - | - | 11.6% | - | - | - |
| FCF / Net income | -0.52 | - | - | 4.35 | - | - | -3.86 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 23.1% | 17.1% | 22.2% | 19.4% | 16.9% | 17.6% | 20.2% | - | 20.1% | 18.4% |
| Effective tax rate | - | 60.3% | 9.9% | 20.5% | -8.1% | 21.4% | - | - | - | 620.9% |
| Return on assets | -4.8% | 0.3% | 1.8% | 0.3% | 2.7% | 1.7% | -1.4% | - | -1.8% | -0.2% |
| Return on equity | 305.6% | 3.4% | 19.1% | 4.9% | 27.5% | 22.6% | -28.1% | - | -14.4% | -2.8% |
| Return on invested capital | - | 1.2% | -0.4% | 1.7% | 7.6% | 5.7% | -0.1% | - | -0.4% | 1.1% |
| Liquidity | ||||||||||
| Current ratio | 1.46 | 1.57 | 1.41 | 1.43 | 1.44 | 1.44 | 1.66 | 1.78 | 1.81 | 1.98 |
| Quick ratio | 0.86 | 0.93 | 0.82 | 0.92 | 0.84 | 0.92 | 0.96 | 1.00 | 0.93 | 1.06 |
| Cash ratio | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 |
| Leverage | ||||||||||
| Debt / Equity | -26.18 | 4.57 | 3.46 | 4.94 | 3.99 | 5.70 | 9.70 | 8.12 | 3.95 | 6.40 |
| Debt / Assets | 0.41 | 0.36 | 0.32 | 0.33 | 0.39 | 0.43 | 0.49 | 0.50 | 0.50 | 0.51 |
| Debt / EBITDA | - | 21.73 | 58.64 | 21.59 | 8.36 | 9.06 | 45.79 | - | 61.61 | 22.40 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -64.08 | 12.59 | 10.76 | 15.13 | 10.27 | 13.40 | 19.87 | 16.40 | 7.91 | 12.56 |
| Liabilities / Assets | 1.02 | 0.92 | 0.91 | 0.93 | 0.90 | 0.93 | 0.95 | 0.94 | 0.93 | 0.92 |
| Efficiency | ||||||||||
| Asset turnover | 0.42 | 0.45 | 0.40 | 0.45 | 0.49 | 0.50 | 0.47 | - | 0.46 | 0.46 |
| Inventory turnover | 1.23 | 1.21 | 1.15 | 1.54 | 1.11 | 1.28 | 1.11 | - | 0.96 | 0.97 |
| Days sales outstanding | 306d | 303d | 284d | 288d | 276d | 268d | 276d | - | 261d | 283d |
| Days inventory outstanding | 296d | 302d | 317d | 237d | 329d | 284d | 330d | - | 381d | 377d |
| Days payable outstanding | 304d | 316d | 368d | 309d | 396d | 366d | 335d | - | 309d | 285d |
| Cash conversion cycle | 298d | 289d | 234d | 216d | 209d | 186d | 271d | - | 333d | 374d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -5.0% | 2.1% | -19.9% | -10.3% | -2.0% | -17.7% | -4.1% | - | - | - |
| Revenue CAGR (3y) | -6.5% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -31.8% | -13.0% | -31.1% | -14.8% | 7.5% | -5.4% | -7.0% | - | -7.5% | -3.6% |
| Operating income growth (YoY) | - | -67.9% | - | - | - | 106.5% | 74.9% | - | - | -27.9% |
| Net income growth (YoY) | - | -88.6% | 5.3% | - | - | - | 13.4% | - | - | - |
| EPS growth (YoY) | - | -88.3% | 1.6% | - | - | - | -714.3% | - | - | - |
| EPS CAGR (3y) | - | 128.9% | 214.1% | - | - | 172.9% | - | - | - | - |
| EPS CAGR (5y) | - | 64.4% | 128.3% | - | - | - | - | - | - | - |
| FCF growth (YoY) | 81.2% | - | - | -75.8% | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | -27.7% | - | - | 3.3% | - | - | - |
| Book value growth (YoY) | - | -9.1% | 24.5% | 24.1% | -30.0% | -29.1% | -46.7% | -39.8% | 0.0% | -28.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-01-01.
Geographic
$143.66M totalUS$132.15M · 92.0%
Canada Europe South America Mexico Asia And Middle East$11.51M · 8.0%
Peer comparison
Same SIC group: Miscellaneous Manufacturing Industries
Comparing Summer Infant against the 5 most active filers in the same SIC group.