Taken private by MiddleGround Capital in Jun 2024
SCX - The L.S. Starrett Company
NYSE
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Tools & Accessories
Athol,
United States
Type: Equity
SCX price evolution
SCX
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Oct 2023 | 30 Jul 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $7.53 | $5.68 | $12.53 | $10.45 |
| Short term investments | ||||
| Net receivables | $35.87 | $34.83 | $34.51 | $36.61 |
| Inventory | $58.52 | $61.28 | $65.13 | $65.41 |
| Total current assets | $112.11 | $112.74 | $122.02 | $122.2 |
| Long term investments | ||||
| Property, plant & equipment | $49.23 | $49.27 | $47.23 | $44.31 |
| Goodwill & intangible assets | $5.91 | $5.84 | $5.79 | $5.69 |
| Total noncurrent assets | $74.52 | $74.32 | $73.75 | $70.6 |
| Total investments | ||||
| Total assets | $186.63 | $187.06 | $195.77 | $192.8 |
| Current liabilities | ||||
| Accounts payable | $14.75 | $13.49 | $16.59 | $15.05 |
| Deferred revenue | ||||
| Short long term debt | $3.87 | $6.01 | $6.89 | $6.65 |
| Total current liabilities | $35.86 | $36.27 | $41.51 | $39.56 |
| Long term debt | $8.35 | $6.07 | $11.09 | $8.7 |
| Total noncurrent liabilities | $20.66 | $19.67 | $25.27 | $23.77 |
| Total debt | $12.23 | $12.08 | $17.99 | $15.35 |
| Total liabilities | $56.52 | $55.94 | $66.78 | $63.34 |
| Shareholders' equity | ||||
| Retained earnings | $114.31 | $113.67 | $114.07 | $112.15 |
| Other shareholder equity | -$49.95 | -$48.1 | -$50.37 | -$47.94 |
| Total shareholder equity | $130.1 | $131.13 | $128.99 | $129.47 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $10.45 | $14.52 | $9.11 | $13.46 |
| Short term investments | ||||
| Net receivables | $36.61 | $42.96 | $35.08 | $29.01 |
| Inventory | $65.41 | $66.9 | $60.57 | $52.99 |
| Total current assets | $122.2 | $133.05 | $119.22 | $104.1 |
| Long term investments | ||||
| Property, plant & equipment | $44.31 | $42.66 | $40.29 | $41.55 |
| Goodwill & intangible assets | $5.69 | $5.66 | $5.9 | $6.01 |
| Total noncurrent assets | $70.6 | $66.5 | $65.27 | $68.58 |
| Total investments | ||||
| Total assets | $192.8 | $199.55 | $184.49 | $172.68 |
| Current liabilities | ||||
| Accounts payable | $15.05 | $14.62 | $17.23 | $7.58 |
| Deferred revenue | ||||
| Short long term debt | $6.65 | $8.08 | $17.61 | $6.44 |
| Total current liabilities | $39.56 | $41.18 | $51.69 | $27.83 |
| Long term debt | $8.7 | $29.07 | $8.74 | $29 |
| Total noncurrent liabilities | $23.77 | $55.95 | $49.26 | $98.87 |
| Total debt | $15.35 | $37.15 | $26.35 | $35.43 |
| Total liabilities | $63.34 | $97.13 | $100.95 | $126.7 |
| Shareholders' equity | ||||
| Retained earnings | $112.15 | $89.06 | $74.18 | $58.65 |
| Other shareholder equity | -$47.94 | -$51.07 | -$54.26 | -$75.42 |
| Total shareholder equity | $129.47 | $102.43 | $83.53 | $45.98 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Oct 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $60.77 | $62.08 | $67.27 | |
| Cost of revenue | $43.19 | $43.11 | $45.78 | |
| Gross Profit | $17.58 | $18.96 | $21.49 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $16.87 | $16.47 | $16.36 | |
| Total operating expenses | $16.87 | $16.47 | $16.37 | |
| Operating income | $0.71 | $2.49 | $5.12 | |
| Income from continuing operations | ||||
| EBIT | $0.69 | $1.97 | $14.51 | |
| Income tax expense | $0.06 | $2.36 | $4.08 | |
| Interest expense | ||||
| Net income | ||||
| Net income | $0.64 | -$0.39 | $10.43 | |
| Income (for common shares) | $0.64 | -$0.39 | $10.43 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $256.18 | $253.7 | $219.64 | $201.45 |
| Cost of revenue | $173.69 | $169.46 | $146.3 | $139.24 |
| Gross Profit | $82.49 | $84.25 | $73.34 | $62.21 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $63.32 | $62.26 | $56.32 | $59.44 |
| Total operating expenses | $63.57 | $62.69 | $56.78 | $67.51 |
| Operating income | $18.92 | $21.55 | $16.57 | -$5.3 |
| Income from continuing operations | ||||
| EBIT | $25.9 | $21.52 | $17.43 | -$20 |
| Income tax expense | $2.81 | $6.64 | $1.89 | $1.84 |
| Interest expense | ||||
| Net income | ||||
| Net income | $23.09 | $14.88 | $15.53 | -$21.84 |
| Income (for common shares) | $23.09 | $14.88 | $15.53 | -$21.84 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | $0.64 | -$0.39 | $1.92 | $10.43 |
| Operating activities | ||||
| Depreciation | $1.75 | $1.67 | $1.64 | $1.55 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.21 | $0.22 | $0.07 | $0.18 |
| Total cash flows from operations | $4.01 | $2.29 | $4.82 | $9.18 |
| Investing activities | ||||
| Capital expenditures | -$2.72 | -$5.49 | -$3.51 | -$2.31 |
| Investments | ||||
| Total cash flows from investing | -$2.72 | -$5.49 | -$3.51 | -$2.36 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.02 | $0.04 | -$0.02 | $0.02 |
| Net borrowings | $0.56 | -$3.73 | $0.95 | -$5.05 |
| Total cash flows from financing | $0.54 | -$3.7 | $0.93 | -$5.03 |
| Effect of exchange rate | $0.01 | $0.05 | -$0.16 | $0.07 |
| Change in cash and equivalents | $1.84 | -$6.84 | $2.08 | $1.86 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $23.09 | $14.88 | $15.53 | -$21.84 |
| Operating activities | ||||
| Depreciation | $6.44 | $6.63 | $6.29 | $7.2 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.73 | $0.66 | $0.82 | $0.53 |
| Total cash flows from operations | $25.08 | $5.29 | $4.57 | -$1.16 |
| Investing activities | ||||
| Capital expenditures | -$7.9 | -$9.01 | -$5.71 | -$10.6 |
| Investments | ||||
| Total cash flows from investing | -$8 | -$9.01 | -$0.49 | -$10.6 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.09 | $0.16 | $0.04 | $0.05 |
| Net borrowings | -$21.32 | $9.59 | -$9.06 | $9.27 |
| Total cash flows from financing | -$21.23 | $9.75 | -$9.01 | $9.31 |
| Effect of exchange rate | $0.09 | -$0.61 | $0.58 | $0.33 |
| Change in cash and equivalents | -$4.07 | $5.42 | -$4.35 | -$2.12 |
News
Fundamentals
| Market cap | N/A |
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| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | N/A |
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| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
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| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 0.49 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 3.13 |
| Quick ratio | 1.49 |