Optical Cable Corporation (OCC) financial statements (2022 and earlier)

Company profile

Business Address 5290 CONCOURSE DR
ROANOKE, VA 24019
State of Incorp. VA
Fiscal Year End October 31
SIC 3357 - Drawing and Insulating of Nonferrous Wire (benchmarking)
More info Complete financial analysis Financial benchmarking

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

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1381321415371778911,879
Cash and cash equivalents1381321415371778911,879
Receivables8,3928,3767,58610,37312,8338,9418,916
Inventory, net of allowances, customer advances and progress billings17,90716,30417,10018,09617,47516,78115,024
Inventory17,90716,30417,10018,09617,47516,78115,024
Other undisclosed current assets2,6562,754496374562490503
Total current assets:29,09327,56625,32329,38031,04727,10326,322
Noncurrent Assets
Nontrade receivables   2549  
Property, plant and equipment7,7907,9138,81210,01011,20512,21113,399
Intangible assets, net (including goodwill)643647666659635624575
Intangible assets, net (excluding goodwill)643647666659635624575
Other noncurrent assets1,5771,7911,75832162201370
Total noncurrent assets:10,01010,35111,23510,72712,05113,03614,344
TOTAL ASSETS:39,10337,91736,55840,10743,09840,13940,666
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,8114,2762,8615,4593,2562,5902,636
Employee-related liabilities1,6681,5541,4631,7633,4891,3411,180
Taxes payable25131415221516
Other undisclosed accounts payable and accrued liabilities3,1182,7091,3843,681(255)1,2341,441
Debt328325312739261251294
Other undisclosed current liabilities1,6931,5673,0937,4293,5111,3561,195
Total current liabilities:6,8336,1686,26613,6277,0284,1974,126
Noncurrent Liabilities
Long-term debt and lease obligation4,4464,5294,8535,1706,1596,4206,652
Long-term debt, excluding current maturities4,4464,5294,8535,1706,1596,4206,652
Liabilities, other than long-term debt1,0041,5481,82471101133123
Other liabilities1,0041,5481,82471101133123
Other undisclosed noncurrent liabilities5,5303,4668,355 3,0005,7005,000
Total noncurrent liabilities:10,9809,54315,0325,2419,26012,25311,775
Total liabilities:17,81315,71121,29818,86816,28816,45015,901
Stockholders' equity
Stockholders' equity attributable to parent21,29022,20615,26021,23926,81123,69024,765
Common stock14,35714,33814,00213,85313,81611,76211,081
Retained earnings6,9337,8681,2587,38612,99511,92813,684
Total stockholders' equity:21,29022,20615,26021,23926,81123,69024,765
TOTAL LIABILITIES AND EQUITY:39,10337,91736,55840,10743,09840,13940,666

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

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
Revenues61,70059,13655,27771,32487,82964,09364,616
Revenue, net64,09364,616
Cost of revenue
(Cost of Goods and Services Sold)
(43,689)(42,862)(41,191)(53,020)(59,955)(43,295)(44,891)
Gross profit:18,01116,27414,08618,30527,87320,79819,725
Operating expenses(18,758)(18,285)(19,288)(23,473)(26,166)(21,994)(20,778)
Other undisclosed operating income (loss)2337(332)733(120)(164)
Operating income (loss):(724)(1,973)(5,533)(5,162)1,740(1,317)(1,217)
Nonoperating income (expense)8,5668,564(570)(513)(688)(427)(578)
Other nonoperating income (expense)9,2409,254(0)8(80)9643
Interest and debt expense(514)4,981(570)(521)(608)(523)(621)
Income (loss) from continuing operations before equity method investments, income taxes:7,32711,572(6,673)(6,196)444(2,267)(2,416)
Other undisclosed income (loss) from continuing operations before income taxes514(4,981)570521608523621
Income (loss) from continuing operations before income taxes:7,8416,591(6,103)(5,675)1,052(1,744)(1,795)
Income tax expense (benefit)(25)20(18)6175(6)
Net income (loss):7,8166,611(6,121)(5,669)1,069(1,739)(1,801)
Net income attributable to noncontrolling interest      22
Net income (loss) available to common stockholders, diluted:7,8166,611(6,121)(5,669)1,069(1,739)(1,779)

Comprehensive Income ($ in thousands)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
Net income (loss):7,8166,611(6,121)(5,669)1,069(1,739)(1,801)
Comprehensive income (loss):7,8166,611(6,121)(5,669)1,069(1,739)(1,801)
Comprehensive income, net of tax, attributable to noncontrolling interest      22
Comprehensive income (loss), net of tax, attributable to parent:7,8166,611(6,121)(5,669)1,069(1,739)(1,779)

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.

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