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SCX - The L.S. Starrett Co...

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The L.S. Starrett Company

SCX

NYSE

Inactive Equity

The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in the United States, Canada, Mexico, Brazil, China, the United Kingdom, Australia, and New Zealand. The company's products include precision tools, electronic gauges, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and reciprocating saw blades, as well as M1 lubricant and precision ground flat stock products. It also provides measuring tools, such as micrometers, vernier calipers, height gages, depth gages, electronic gages, dial indicators, steel rules, and combination squares, as well as custom and non-contact gaging. In addition, the company offers hand tools for measuring, marking, and layout that include tapes, levels, chalk lines, and other products for building trades, and construction and retail trades. Further, it provides carbide tipped products for cutting ferrous materials, and non-ferrous metals and castings. The company primarily distributes its precision hand tools, and saw and construction products through distributors or resellers. It serves the metalworking, aerospace, medical, oil and gas, machinery, government, equipment, and automotive markets; marine and farm equipment shops, and do-it-yourselfers; and tradesmen, which comprise builders, carpenters, plumbers, and electricians. The L.S. Starrett Company was founded in 1880 and is headquartered in Athol, Massachusetts.

16.18 USD

0.01 (0.0618%)

SCX Financial Statements

Year

2023

2022

2021

2020

CF from Operating Activities

25.08M

5.29M

4.57M

-1.16M

Net Income

23.09M

14.88M

15.53M

-21.84M

Depreciation & Amortization

6.44M

6.63M

6.29M

7.2M

Deferred Income Taxes

-1.51M

1.62M

-2.88M

79k

Stock Based Compensation

730k

659k

823k

530k

Change in Working Capital

6.2M

-17.09M

-11.41M

-10.45M

Accounts Receivable

7.77M

-10.43M

-3.01M

2.28M

Inventory

3.34M

-8.83M

-3.69M

1.6M

Accounts Payable

-5.17M

0

-4.6M

-14.47M

Other Working Capital

253k

2.17M

-109k

140k

Other Non-Cash Items

-9.86M

-1.41M

-3.79M

23.32M

CF from Investing Activities

-8M

-9.01M

-493k

-10.6M

Investments in Property, Plant & Equipment

-8M

-9.01M

-5.71M

-10.6M

Net Acquisitions

0

0

0

0

Investment Purchases

0

0

0

0

Sales/Maturities of Investments

0

0

0

0

Other Investing Activites

-1.24M

-1.02M

5.21M

-1.32M

CF from Financing Activities

-21.23M

9.75M

-9.01M

9.31M

Debt Repayment

-24.9M

-57.05M

-53.81M

-5.58M

Common Stock Issued

125k

214k

75k

73k

Common Stock Repurchased

-36k

-53k

-32k

-26k

Dividends Paid

0

0

0

0

Other Financing Activites

-21.23M

9.75M

-9.01M

9.31M

Free Cash Flow

17.08M

-3.71M

-1.14M

-11.76M

Operating Cash Flow

25.08M

5.29M

4.57M

-1.16M

Capital Expenditures

-8M

-9.01M

-5.71M

-10.6M

Cash at Beginning of Period

14.52M

9.11M

13.46M

15.58M

Cash at End of Period

10.45M

14.52M

9.11M

13.46M

Net Change In Cash

-4.07M

5.42M

-4.35M

-2.12M

Retained Earning Schedule

Year

2023

2022

2021

2020

Retained Earnings (Previous Year)

89.06M

74.18M

58.65M

80.49M

Net Income

23.09M

14.88M

15.53M

-21.84M

Stock Repurchases

-36k

-53k

-32k

-26k

Dividend Paid

0

0

0

0

Retained Earnings

112.15M

89.06M

74.18M

58.65M

Other Distributions

23.05M

14.82M

15.5M

-21.86M

PPE Schedule

Year

2023

2022

2021

2020

Gross PPE

44.31M

42.66M

40.29M

41.55M

Annual Depreciation

6.44M

8.59M

9.76M

-9.31M

Capital Expenditure

-8M

-9.01M

-5.71M

-10.6M

Net PPE

45.87M

43.07M

36.23M

61.46M

Intangible and Goodwill Schedule

Year

2023

2022

2021

2020

Acquisitions and Adjustments

0

0

0

-3.65M

Goodwill (Previous Year)

1.01M

1.01M

1.01M

4.67M

Goodwill

1.01M

1.01M

1.01M

1.01M

All figures are in USD.

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