NVE Corporation (NVEC) financial statements (2022 and earlier)

Company profile

Business Address 11409 VALLEY VIEW ROAD
EDEN PRAIRIE, MN 55344
State of Incorp. MN
Fiscal Year End March 31
SIC 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q3
9/30/2021
Q2
6/30/2021
Q1
3/31/2021
Q4
12/31/2020
Q3
9/30/2020
Q2
6/30/2020
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments31,45033,80625,93118,10625,10327,07725,582
Cash and cash equivalents8,96811,1458,86910,42713,9883,8456,403
Short-term investments22,48222,66117,0627,67911,11523,23219,179
Receivables3,0382,8763,3201,9643,1611,9222,298
Inventory, net of allowances, customer advances and progress billings4,3683,9833,6703,9013,8423,9293,944
Inventory4,3683,9833,6703,9013,8423,9293,944
Other undisclosed current assets922753658391570611718
Total current assets:39,77841,41833,57924,36332,67733,53832,542
Noncurrent Assets
Operating lease, right-of-use asset594626658689721753785
Property, plant and equipment237284299337366429506
Long-term investments and receivables27,18027,54437,46347,03940,65740,77745,050
Long-term investments27,18027,54437,46347,03940,65740,77745,050
Deferred income tax assets26013710274   
Total noncurrent assets:28,27128,59238,52248,13841,74441,95946,340
TOTAL ASSETS:68,04970,00972,10072,50174,42175,49878,882
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9241,1131,8458776425801,079
Accounts payable111411359337137155180
Employee-related liabilities813702651540505425492
Taxes payable  834   406
Other undisclosed current liabilities153152151150107114120
Total current liabilities:1,0771,2651,9961,0277496931,199
Noncurrent Liabilities
Long-term debt and lease obligation483516549581614645676
Operating lease, liability483516549581614645676
Liabilities, other than long-term debt    89142190
Deferred income tax liabilities    89142190
Other undisclosed noncurrent liabilities(483)(516)(549)(581)   
Total noncurrent liabilities:483516549 703787865
Total liabilities:1,5591,7812,5451,6091,4521,4802,065
Stockholders' equity
Stockholders' equity attributable to parent66,48968,22969,55570,89272,96974,01776,818
Common stock48484848484848
Additional paid in capital19,41119,40219,34519,33819,33419,33019,387
Accumulated other comprehensive income4348141,0111,1011,4831,6291,759
Retained earnings46,59647,96449,15150,40452,10353,01155,623
Total stockholders' equity:66,48968,22969,55570,89272,96974,01776,818
TOTAL LIABILITIES AND EQUITY:68,04970,00972,10072,50174,42175,49878,882

Income statement (P&L) ($ in thousands)

12/31/2021
Q3
9/30/2021
Q2
6/30/2021
Q1
3/31/2021
Q4
12/31/2020
Q3
9/30/2020
Q2
6/30/2020
Q1
Revenues6,2916,8237,1532,1056,5334,3814,589
Cost of revenue(1,385)(1,544)(1,770)(420)(1,075)(941)(836)
Gross profit:4,9065,2795,3841,6855,4583,4393,753
Operating expenses(869)(1,191)(1,275)(804)(1,014)(1,174)(1,236)
Operating income:4,0374,0884,1098824,4452,2652,517
Nonoperating income
(Investment Income, Nonoperating)
284295290139365401399
Income from continuing operations before income taxes:4,3214,3834,3991,0214,8102,6672,916
Income tax expense(856)(737)(819)(487)(885)(444)(504)
Net income available to common stockholders, diluted:3,4653,6473,5805343,9262,2222,412

Comprehensive Income ($ in thousands)

12/31/2021
Q3
9/30/2021
Q2
6/30/2021
Q1
3/31/2021
Q4
12/31/2020
Q3
9/30/2020
Q2
6/30/2020
Q1
Net income:3,4653,6473,5805343,9262,2222,412
Other undisclosed comprehensive loss(380)(197)(90)(195)(145)(130) 
Comprehensive income:3,0853,4493,4893393,7802,0922,412
Other undisclosed comprehensive income, net of tax, attributable to parent      1,243
Comprehensive income, net of tax, attributable to parent:3,0853,4493,4893393,7802,0923,655

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: