Transcat, Inc. (TRNS) Financial Statements (2024 and earlier)

Company Profile

Business Address 35 VANTAGE POINT DRIVE
ROCHESTER, NY 14624
State of Incorp. OH
Fiscal Year End March 31
Industry (SIC) 3825 - Instruments for Measuring and Testing of Electricity and Electrical Signals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
3/31/2023
12/31/2022
MRQ
3/31/2022
3/31/2021
3/31/2020
3/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,5311,5931,396560499788
Cash and cash equivalents1,5311,5931,396560499788
Receivables45,20438,07940,29534,37832,08428,585
Inventory, net of allowances, customer advances and progress billings16,92916,88412,71211,63614,18014,304
Inventory16,92916,88412,71211,63614,18014,304
Other undisclosed current assets3,9354,1415,3012,3541,6971,329
Total current assets:67,59960,69759,70448,92848,46045,006
Noncurrent Assets
Operating lease, right-of-use asset14,87614,87411,0269,3928,593
Property, plant and equipment29,06428,33426,43922,20320,83319,653
Intangible assets, net (including goodwill)83,15983,66979,76650,78549,51739,778
Goodwill69,36068,82665,07443,27241,54034,545
Intangible assets, net (excluding goodwill)13,79914,84314,6927,5137,9775,233
Other noncurrent assets1,051895827808719793
Total noncurrent assets:128,150127,772118,05883,18879,66260,224
TOTAL ASSETS:195,749188,469177,762132,116128,122105,230
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities15,86913,84536,92723,07518,94020,250
Taxes payable 38286228
Employee-related liabilities11,37810,4176,9075,450
Accounts payable15,86913,84514,17112,27611,94714,572
Accrued liabilities  11,378   
Debt2,2482,2272,1612,0671,9821,899
Business combination, contingent consideration, liability      
Other liabilities      
Other undisclosed current liabilities10,2019,012(11,378)   
Total current liabilities:28,31825,08427,71025,14220,92222,149
Noncurrent Liabilities
Long-term debt and lease obligation46,86946,94155,48525,45235,19419,103
Long-term debt, excluding current maturities46,86946,94146,29117,49428,36219,103
Liabilities, other than long-term debt20,93221,1608,3916,4444,9194,348
Deferred tax liabilities, net2,450
Deferred income tax liabilities6,5386,6726,7243,2013,025
Other liabilities1,4341,4901,6673,2431,8941,898
Operating lease, liability12,96012,9989,1947,9586,832
Total noncurrent liabilities:67,80168,10163,87631,89640,11323,451
Total liabilities:96,11993,18591,58657,03861,03545,600
Equity
Equity, attributable to parent99,63095,28486,17675,07867,08759,630
Common stock3,7813,7803,7653,7293,6913,605
Additional paid in capital27,88627,12323,90019,28717,92916,467
Accumulated other comprehensive loss(1,200)(1,123)(233)(451)(1,010)(611)
Retained earnings69,16365,50458,74452,51346,47740,169
Total equity:99,63095,28486,17675,07867,08759,630
TOTAL LIABILITIES AND EQUITY:195,749188,469177,762132,116128,122105,230

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

9/30/2023
TTM
3/31/2023
12/31/2022
TTM
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Revenues230,569248,888204,959173,335173,099160,898
Cost of revenue
(Cost of Goods and Services Sold)
(162,214)(173,392)(146,520)(127,217)(130,621)(121,555)
Gross profit:68,35575,49658,43946,11842,47839,343
Operating expenses(52,107)(57,521)(44,296)(35,045)(31,628)(29,114)
Operating income:16,24817,97514,14311,07310,85010,229
Nonoperating expense(2,761)(1,906)(953)(1,091)(1,120)(994)
Gain (loss), foreign currency transaction, before tax(300)200200(200)(200)100
Income from continuing operations before income taxes:13,48716,06913,1909,9829,7309,235
Income tax expense(2,799)(2,242)(1,810)(2,191)(1,663)(2,090)
Income from continuing operations:10,68813,82711,3807,7918,0677,145
Income before gain (loss) on sale of properties:12,22611,3807,7918,0677,145
Net income available to common stockholders, diluted:10,68813,82711,3807,7918,0677,145

Comprehensive Income ($ in thousands)

9/30/2023
TTM
3/31/2023
12/31/2022
TTM
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Net income:10,68813,82711,3807,7918,0677,145
Other comprehensive income (loss)(967)(1,272)218559(399)(330)
Comprehensive income, net of tax, attributable to parent:9,72112,55511,5988,3507,6686,815

Statements Sources

The financial statements are based on the Company's filings with 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: