STRT: Strattec Security Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Strattec Security Corp (STRT).
$101.71M Market Cap.
STRT Market Cap. (MRY)
STRT Shares Outstanding (MRY)
STRT Assets (MRY)
Total Assets
$364.29M
Total Liabilities
$138.67M
Total Investments
$0
STRT Income (MRY)
Revenue
$537.77M
Net Income
$16.31M
Operating Expense
$47.65M
STRT Cash Flow (MRY)
CF Operations
$12.27M
CF Investing
-$7.79M
CF Financing
$72.00K
STRT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $364,289,000 (6.85%) | $340,930,000 (6.83%) | $319,134,000 (2.76%) | $310,563,000 (16.95%) |
Assets Current | $253,814,000 (12.42%) | $225,782,000 (19.95%) | $188,232,000 (7.62%) | $174,904,000 (39.51%) |
Assets Non-Current | $110,475,000 (-4.06%) | $115,148,000 (-12.03%) | $130,902,000 (-3.51%) | $135,659,000 (-3.22%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $200,545,000 (8.42%) | $184,963,000 (-1.82%) | $188,400,000 (3.72%) | $181,646,000 (19.33%) |
Property Plant & Equipment Net | $86,184,000 (-8.75%) | $94,446,000 (2.96%) | $91,729,000 (-4.85%) | $96,401,000 (-8.32%) |
Cash & Equivalents | $25,410,000 (23.52%) | $20,571,000 (134.45%) | $8,774,000 (-39.34%) | $14,465,000 (22.86%) |
Accumulated Other Comprehensive Income | -$15,689,000 (-10.53%) | -$14,194,000 (23.64%) | -$18,588,000 (-10.66%) | -$16,797,000 (24.04%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $26,654,000 (-2.09%) | $27,224,000 (23.36%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $26,654,000 (-2.09%) | $27,224,000 (23.36%) |
Inventory | $81,649,000 (5.22%) | $77,597,000 (-3.58%) | $80,482,000 (13.58%) | $70,860,000 (30.26%) |
Trade & Non-Trade Receivables | $99,297,000 (10.56%) | $89,811,000 (18.44%) | $75,827,000 (8.48%) | $69,902,000 (66.61%) |
Trade & Non-Trade Payables | $54,911,000 (-5.21%) | $57,927,000 (31.80%) | $43,950,000 (19.67%) | $36,727,000 (98.00%) |
Accumulated Retained Earnings (Deficit) | $250,612,000 (6.96%) | $234,299,000 (-2.77%) | $240,969,000 (2.77%) | $234,472,000 (10.63%) |
Tax Assets | $37,596,000 (74.61%) | $21,531,000 (52.80%) | $14,091,000 (30.86%) | $10,768,000 (14.53%) |
Tax Liabilities | $15,073,000 (131.93%) | $6,499,000 (75.51%) | $3,703,000 (0%) | $0 (0%) |
Total Debt | $13,000,000 (0.00%) | $13,000,000 (18.18%) | $11,000,000 (-8.33%) | $12,000,000 (-65.71%) |
Debt Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $13,000,000 (0.00%) | $13,000,000 (18.18%) | $11,000,000 (-8.33%) | $12,000,000 (-65.71%) |
Total Liabilities | $138,674,000 (6.75%) | $129,906,000 (30.97%) | $99,187,000 (2.12%) | $97,130,000 (7.80%) |
Liabilities Current | $118,288,000 (8.54%) | $108,986,000 (33.68%) | $81,529,000 (5.10%) | $77,572,000 (61.14%) |
Liabilities Non-Current | $20,386,000 (-2.55%) | $20,920,000 (18.47%) | $17,658,000 (-9.71%) | $19,558,000 (-53.39%) |
STRT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $537,766,000 (9.09%) | $492,946,000 (8.99%) | $452,265,000 (-6.81%) | $485,295,000 (25.95%) |
Cost of Revenue | $472,298,000 (4.77%) | $450,794,000 (13.77%) | $396,249,000 (-2.55%) | $406,637,000 (16.23%) |
Selling General & Administrative Expense | $47,654,000 (-1.22%) | $48,241,000 (2.38%) | $47,119,000 (5.31%) | $44,743,000 (1.44%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $47,654,000 (-1.22%) | $48,241,000 (2.38%) | $47,119,000 (5.31%) | $44,743,000 (1.44%) |
Interest Expense | $900,000 (-6.25%) | $960,000 (334.39%) | $221,000 (-26.82%) | $302,000 (-67.17%) |
Income Tax Expense | $3,775,000 (194.69%) | $1,281,000 (208.67%) | $415,000 (-91.88%) | $5,111,000 (325.55%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $16,428,000 (283.57%) | -$8,949,000 (-201.19%) | $8,844,000 (-70.42%) | $29,897,000 (610.45%) |
Net Income to Non-Controlling Interests | $115,000 (105.05%) | -$2,279,000 (-224.67%) | $1,828,000 (-75.18%) | $7,365,000 (321.34%) |
Net Income | $16,313,000 (344.57%) | -$6,670,000 (-195.07%) | $7,016,000 (-68.86%) | $22,532,000 (396.28%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $16,313,000 (344.57%) | -$6,670,000 (-195.07%) | $7,016,000 (-68.86%) | $22,532,000 (396.28%) |
Weighted Average Shares | $3,975,000 (1.38%) | $3,921,000 (1.55%) | $3,861,000 (1.93%) | $3,788,000 (1.36%) |
Weighted Average Shares Diluted | $4,004,000 (2.12%) | $3,921,000 (0.28%) | $3,910,000 (1.51%) | $3,852,000 (3.08%) |
Earning Before Interest & Taxes (EBIT) | $20,988,000 (573.88%) | -$4,429,000 (-157.88%) | $7,652,000 (-72.62%) | $27,945,000 (412.20%) |
Gross Profit | $65,468,000 (55.31%) | $42,152,000 (-24.75%) | $56,016,000 (-28.79%) | $78,658,000 (121.91%) |
Operating Income | $17,814,000 (392.56%) | -$6,089,000 (-168.44%) | $8,897,000 (-73.77%) | $33,915,000 (491.54%) |
STRT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$7,788,000 (-187.50%) | $8,901,000 (162.10%) | -$14,333,000 (-58.88%) | -$9,021,000 (26.95%) |
Net Cash Flow from Financing | $72,000 (100.97%) | -$7,436,000 (-293.02%) | -$1,892,000 (91.73%) | -$22,886,000 (-154.52%) |
Net Cash Flow from Operations | $12,265,000 (21.50%) | $10,095,000 (-3.27%) | $10,436,000 (-70.31%) | $35,150,000 (38.26%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $4,839,000 (-58.98%) | $11,797,000 (307.29%) | -$5,691,000 (-311.48%) | $2,691,000 (-32.13%) |
Net Cash Flow - Business Acquisitions and Disposals | $2,000,000 (-92.38%) | $26,246,000 (17597.33%) | -$150,000 (-50.00%) | -$100,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$9,788,000 (43.57%) | -$17,345,000 (-22.29%) | -$14,183,000 (-58.98%) | -$8,921,000 (27.76%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $2,000,000 (300.00%) | -$1,000,000 (95.65%) | -$23,000,000 (-228.57%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $290,000 (22.36%) | $237,000 (141.84%) | $98,000 (117.75%) | -$552,000 (-367.80%) |
Share Based Compensation | $1,467,000 (0.07%) | $1,466,000 (28.60%) | $1,140,000 (17.28%) | $972,000 (-83.30%) |
Depreciation Amortization & Accretion | $16,547,000 (-5.36%) | $17,485,000 (-9.77%) | $19,379,000 (-2.06%) | $19,786,000 (2.36%) |
STRT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 12.20% (41.86%) | 8.60% (-30.65%) | 12.40% (-23.46%) | 16.20% (76.09%) |
Profit Margin | 3.00% (314.29%) | -1.40% (-187.50%) | 1.60% (-65.22%) | 4.60% (330.00%) |
EBITDA Margin | 7.00% (169.23%) | 2.60% (-56.67%) | 6.00% (-38.78%) | 9.80% (262.96%) |
Return on Average Equity (ROAE) | 8.40% (333.33%) | -3.60% (-194.74%) | 3.80% (-70.77%) | 13.00% (376.60%) |
Return on Average Assets (ROAA) | 4.70% (335.00%) | -2.00% (-190.91%) | 2.20% (-70.27%) | 7.40% (384.62%) |
Return on Sales (ROS) | 3.90% (533.33%) | -0.90% (-152.94%) | 1.70% (-70.69%) | 5.80% (352.17%) |
Return on Invested Capital (ROIC) | 9.20% (611.11%) | -1.80% (-156.25%) | 3.20% (-72.88%) | 11.80% (427.78%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 6.1 (157.15%) | -10.67 (-158.85%) | 18.13 (144.60%) | 7.41 (192.27%) |
Price to Sales Ratio (P/S) | 0.18 (28.47%) | 0.14 (-48.94%) | 0.28 (-18.02%) | 0.34 (116.35%) |
Price to Book Ratio (P/B) | 0.51 (28.68%) | 0.39 (-43.23%) | 0.69 (-26.48%) | 0.94 (129.68%) |
Debt to Equity Ratio (D/E) | 0.69 (-1.57%) | 0.7 (33.46%) | 0.53 (-1.68%) | 0.54 (-9.63%) |
Earnings Per Share (EPS) | 4.1 (341.18%) | -1.7 (-193.41%) | 1.82 (-69.41%) | 5.95 (391.67%) |
Sales Per Share (SPS) | 135.29 (7.61%) | 125.72 (7.33%) | 117.14 (-8.57%) | 128.11 (24.26%) |
Free Cash Flow Per Share (FCFPS) | 0.62 (133.69%) | -1.85 (-90.62%) | -0.97 (-114.01%) | 6.92 (97.89%) |
Book Value Per Share (BVPS) | 50.45 (6.95%) | 47.17 (-3.33%) | 48.8 (1.76%) | 47.95 (17.72%) |
Tangible Assets Book Value Per Share (TABVPS) | 91.64 (5.40%) | 86.95 (5.20%) | 82.66 (0.82%) | 81.99 (15.38%) |
Enterprise Value Over EBIT (EV/EBIT) | 5 (127.78%) | -18 (-212.50%) | 16 (166.67%) | 6 (166.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 2.8 (-55.29%) | 6.26 (34.08%) | 4.67 (26.59%) | 3.69 (-51.78%) |
Asset Turnover | 1.55 (4.23%) | 1.49 (3.54%) | 1.44 (-9.33%) | 1.59 (20.50%) |
Current Ratio | 2.15 (3.57%) | 2.07 (-10.26%) | 2.31 (2.39%) | 2.25 (-13.40%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $2,477,000 (134.17%) | -$7,250,000 (-93.49%) | -$3,747,000 (-114.29%) | $26,229,000 (100.60%) |
Enterprise Value (EV) | $105,113,775 (28.56%) | $81,763,968 (-35.24%) | $126,257,432 (-28.31%) | $176,103,632 (121.76%) |
Earnings Before Tax (EBT) | $20,088,000 (472.76%) | -$5,389,000 (-172.52%) | $7,431,000 (-73.12%) | $27,643,000 (380.04%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $37,535,000 (187.49%) | $13,056,000 (-51.70%) | $27,031,000 (-43.37%) | $47,731,000 (359.92%) |
Invested Capital | $233,591,000 (4.11%) | $224,373,000 (-6.45%) | $239,831,000 (4.04%) | $230,526,000 (-4.20%) |
Working Capital | $135,526,000 (16.04%) | $116,796,000 (9.46%) | $106,703,000 (9.63%) | $97,332,000 (26.03%) |
Tangible Asset Value | $364,289,000 (6.85%) | $340,930,000 (6.83%) | $319,134,000 (2.76%) | $310,563,000 (16.95%) |
Market Capitalization | $101,707,775 (39.61%) | $72,849,968 (-44.27%) | $130,716,432 (-23.75%) | $171,438,632 (173.93%) |
Average Equity | $193,745,500 (3.49%) | $187,212,000 (0.34%) | $186,585,500 (7.58%) | $173,431,500 (8.11%) |
Average Assets | $346,302,000 (4.68%) | $330,819,500 (5.28%) | $314,238,750 (2.74%) | $305,871,250 (4.53%) |
Invested Capital Average | $228,043,500 (-5.48%) | $241,261,000 (-0.39%) | $242,208,750 (2.06%) | $237,310,500 (-3.74%) |
Shares | 4,068,311 (1.30%) | 4,015,985 (1.39%) | 3,961,104 (1.92%) | 3,886,616 (1.78%) |
