L.S. Starrett Company (The) (SCX) financial statements (2021 and earlier)

Company profile

Business Address 121 CRESCENT ST
ATHOL, MA 01331
State of Incorp. MA
Fiscal Year End June 30
SIC 342 - Cutlery, Handtools, And General Hardware (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:15139121012
Cash and cash equivalents15131615152011
Short-term investments      8
Other undisclosed cash, cash equivalents, and short-term investments  (7)(14)(13)(10)(7)
Receivables34293633303440
Inventory, net of allowances, customer advances and progress billings51536258585663
Inventory51536258585663
Deferred tax assets   55
Other undisclosed current assets991322201614
Total current assets:109104120113110121133
Noncurrent Assets
Operating lease, right-of-use asset54
Nontrade receivables  22333
Property, plant and equipment36373737394144
Long-term investments and receivables     22
Long-term investments     22
Intangible assets, net (including goodwill)661314151010
Goodwill1155533
Intangible assets, net (excluding goodwill)55891067
Deferred income tax assets2421
Other noncurrent assets    022
Other undisclosed noncurrent assets  1917262317
Total noncurrent assets:71697069838179
TOTAL ASSETS:180173190182193202212
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities22212923192022
Accounts payable1081310899
Accrued liabilities7998567
Employee-related liabilities4575556
Debt75441222
Other undisclosed current liabilities22    (0)
Total current liabilities:31283326312224
Noncurrent Liabilities
Long-term debt and lease obligation2429181761719
Long-term debt, excluding current maturities2026181761719
Operating lease, liability33
Liabilities, other than long-term debt68705651647156
Accounts payable and accrued liabilities3333445
Deferred tax liabilities, net   02
Liability, pension and other postretirement and postemployment benefits65675446596750
Other liabilities   22  
Total noncurrent liabilities:91997468708874
Total liabilities:1221271079410111098
Stockholders' equity
Stockholders' equity attributable to parent, including:584683889292114
Additional paid in capital56565556565555
Accumulated other comprehensive loss(72)(75)(59)(49)(50)(52)(46)
Retained earnings67598074798198
Other undisclosed stockholders' equity attributable to parent7777777
Total stockholders' equity:584683889292114
TOTAL LIABILITIES AND EQUITY:180173190182193202212

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

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Revenues196201228216207210242
Revenue, net 207210242
Cost of revenue
(Cost of Goods and Services Sold)
(137)(139)(153)(147)(145)(163)(165)
Gross profit:59627569624777
Operating expenses(60)(68)(64)(64)(63)(67)(70)
Other undisclosed operating income (loss)(1)     2
Operating income (loss):(1)(5)115(1)(20)9
Nonoperating income (expense)(14)(15)(2)0(1)01
Investment income, nonoperating 00(1)(0)11
Foreign currency transaction gain (loss), before tax 0(0)(0)(0)(0)1
Other nonoperating income (expense) 00000(0)
Interest and debt expense (1)(1)(1)(1)(1)(1)
Other undisclosed loss from continuing operations before equity method investments, income taxes(1)      
Income (loss) from continuing operations before equity method investments, income taxes:(17)(21)94(2)(21)9
Income from equity method investments      0
Other undisclosed income from continuing operations before income taxes1111411
Income (loss) from continuing operations before income taxes:(16)(20)1052(20)10
Income tax expense (benefit)(0)(2)(4)(8)(1)6(5)
Net income (loss):(16)(22)6(4)1(14)5
Other undisclosed net loss attributable to parent    (0)  
Net income (loss) available to common stockholders, diluted:(16)(22)6(4)1(14)5

Comprehensive Income ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Net income (loss):(16)(22)6(4)1(14)5
Other comprehensive loss (17)(0)(0)(0)  
Other undisclosed comprehensive loss(17)      
Comprehensive income (loss):(33)(39)6(4)1(14)5
Other undisclosed comprehensive income (loss), net of tax, attributable to parent51(10)12(6)(25)
Comprehensive income (loss), net of tax, attributable to parent:(27)(38)(4)(3)3(20)(20)

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: