Strattec Security Corporation (STRT) financial statements (2021 and earlier)

Company profile

Business Address 3333 WEST GOOD HOPE ROAD
MILWAUKEE, WI 53209
State of Incorp. WI
Fiscal Year End June 30
SIC 3714 - Motor Vehicle Parts and Accessories (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 investments10128881526
Cash and cash equivalents10128881526
Receivables86428474656459
Inventory, net of allowances, customer advances and progress billings56544747353935
Inventory56544747353935
Other current assets13676765
Other undisclosed current assets 121016141114
Total current assets:166125157151129134138
Noncurrent Assets
Property, plant and equipment1021051181171128571
Long-term investments and receivables26222422171415
Long-term investments26222422171415
Intangible assets, net (including goodwill)    000
Intangible assets, net (excluding goodwill)    000
Deferred income tax assets76
Other noncurrent assets76121716311
Other undisclosed noncurrent assets  3 05(0)
Total noncurrent assets:14114015615614510897
TOTAL ASSETS:307266313307274242235
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities75477868676363
Accounts payable39194238403228
Accrued liabilities17151916141919
Employee-related liabilities19131713131116
Accrued environmental loss contingencies1111111
Self insurance reserve      0
Other undisclosed current liabilities      (0)
Total current liabilities:77487969686465
Noncurrent Liabilities
Long-term debt and lease obligation22354251302010
Long-term debt, excluding current maturities22354251302010
Liabilities, other than long-term debt7744338
Deferred tax liabilities, net 1  5
Liability, pension and other postretirement and postemployment benefits2222233
Other liabilities5511111
Total noncurrent liabilities:29424655332318
Total liabilities:105901251241018883
Stockholders' equity
Stockholders' equity attributable to parent173152163162151139140
Common stock0000000
Treasury stock, value(136)(136)(136)(136)(136)(136)(136)
Additional paid in capital99989695949290
Accumulated other comprehensive loss(17)(22)(19)(33)(33)(38)(27)
Retained earnings227212221236226221213
Stockholders' equity attributable to noncontrolling interest29232421221512
Total stockholders' equity:201175188183173155152
TOTAL LIABILITIES AND EQUITY:307266313307274242235

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
Revenues413385487439417401412
Revenue, net 417401411
Cost of revenue
(Cost of Goods and Services Sold)
(359)(350)(429)(385)(357)(337)(339)
Other undisclosed gross profit      (0)
Gross profit:54355854606573
Operating expenses(41)(44)(47)(41)(46)(44)(42)
Operating income (loss):13(9)1113142131
Nonoperating income (expense)02(0)1217
Foreign currency transaction gain (loss), before tax02(0)1  3
Other nonoperating income (expense)110(0)213
Interest and debt expense(1)(1)(2)(1)(0)(0)(0)
Income (loss) from continuing operations before equity method investments, income taxes:13(8)913162138
Income (loss) from equity method investments1(0)351(2)(1)
Other undisclosed income (loss) from continuing operations before income taxes  (32)0  (3)
Income (loss) from continuing operations before income taxes:14(8)(20)18161934
Income tax expense (benefit)(1)28(2)(4)(5)(9)
Net income (loss):12(6)(13)16121425
Net loss attributable to noncontrolling interest(5)(2)(4)(3)(5)(5)(4)
Net income (loss) attributable to parent:8(8)(17)127921
Other undisclosed net loss available to common stockholders, basic    (0)(0)(0)
Net income (loss) available to common stockholders, diluted:8(8)(17)127920

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):12(6)(13)16121425
Other comprehensive income (loss)0(6)19(2)5(11)(7)
Comprehensive income (loss):13(11)71417318
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(4)0(5)(2)(5)(5)(4)
Comprehensive income (loss), net of tax, attributable to parent:9(11)21212(2)14

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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