Espey Mfg. & Electronics Corp. (ESP) financial statements (2020 and earlier)

Company profile

Business Address 233 BALLSTON AVE
SARATOGA SPRINGS, NY 12866
State of Incorp. NY
Fiscal Year End June 30
SIC 3679 - Electronic Components, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
TTM
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,1117,14715,82019,48515,61213,01814,468
Cash and cash equivalents6,1111,4634,29910,05810,0328,8599,557
Short-term investments 5,68411,5219,4275,5804,1594,911
Receivables4,46610,9964,5403,5205,2876,6944,138
Inventory, net of allowances, customer advances and progress billings15,58813,22511,2038,31210,71511,56610,469
Inventory15,58813,22511,3069,67910,73411,58610,611
Progress payments netted against inventory for long-term contracts or programs  (103)(1,367)(18)(20)(143)
Other undisclosed current assets6,6754941,3951,911491566645
Total current assets:32,83931,86232,95833,22932,10431,84529,720
Noncurrent Assets
Property, plant and equipment3,7173,8253,7592,2652,3492,4992,679
Costs in excess of billings   3,5154,392
Other undisclosed noncurrent assets     (3,515)(4,392)
Total noncurrent assets:3,7173,8253,7592,2652,3492,4992,679
TOTAL ASSETS:36,55635,68836,71635,49434,45334,34432,398
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,357    3,1892,468
Accounts payable1,913    976727
Employee-related liabilities1,444    1,6191,741
Taxes payable     3 
Interest and dividends payable     591 
Deferred revenue1,803
Other undisclosed current liabilities 3,4853,2173,3761,861  
Total current liabilities:5,1613,4853,2173,3761,8613,1892,468
Noncurrent Liabilities
Liabilities, other than long-term debt 27718221203225283
Deferred tax liabilities, net27718221203225283
Other undisclosed noncurrent liabilities2583,4853,2173,3761,8613,1892,468
Total noncurrent liabilities:2583,7623,2353,5962,0653,4132,752
Total liabilities:5,4197,2476,4526,9723,9266,6025,220
Stockholders' equity
Stockholders' equity attributable to parent, including:31,13731,92633,48131,89832,38830,93129,647
Common stock1,0101,0101,0101,0101,0101,0101,010
Treasury stock, value(7,664)(7,633)(7,719)(7,779)(7,803)(7,582)(7,329)
Additional paid in capital18,85818,73218,20217,65017,25316,78616,429
Accumulated other comprehensive loss(1)(1)(6)(4)(1)(4)(1)
Retained earnings19,13920,02222,41621,67022,82121,86620,947
Unearned esop shares     (1,144)(1,409)
Other undisclosed stockholders' equity attributable to parent(205)(205)(421)(650)(891)  
Total stockholders' equity:31,13731,92633,48131,89832,38830,93129,647
Other undisclosed liabilities and equity (3,485)(3,217)(3,376)(1,861)(3,189)(2,468)
TOTAL LIABILITIES AND EQUITY:36,55635,68836,71635,49434,45334,34432,398

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

12/31/2019
TTM
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
Revenues34,04836,47832,51822,52127,47126,83227,137
Revenue, net 22,52127,47126,83227,137
Cost of revenue(26,877)(29,415)(24,856)(17,806)(20,100)(19,690)(22,606)
Cost of goods and services sold   (17,806)(20,100)(19,690)(22,606)
Gross profit:7,1717,0637,6624,7157,3727,1424,531
Operating expenses(4,439)(4,410)(3,808)(3,188)(3,028)(2,712)(3,214)
Other undisclosed operating income     00
Operating income:2,7322,6533,8541,5264,3434,4301,317
Nonoperating income18622921512511968149
Investment income, nonoperating13916816189343641
Other nonoperating income476155368532108
Income from continuing operations before income taxes:2,9172,8824,0691,6514,4634,4981,466
Income tax expense(543)(539)(993)(516)(1,287)(1,315)(298)
Net income available to common stockholders, diluted:2,3742,3433,0761,1363,1763,1831,168

Comprehensive Income ($ in thousands)

12/31/2019
TTM
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
Net income:2,3742,3433,0761,1363,1763,1831,168
Comprehensive income:2,3742,3433,0761,1363,1763,1831,168
Other undisclosed comprehensive income (loss), net of tax, attributable to parent35(3)(2)3(3)(2)
Comprehensive income, net of tax, attributable to parent:2,3772,3483,0731,1343,1793,1801,166

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: