Movado Group Inc financial data

Symbol
MOV on NYSE, MOVAA on OTC
Industry
Watches, Clocks, Clockwork Operated Devices/Parts
Location
650 From Road, Suite 375, Paramus, NJ
State of incorporation
NY
Fiscal year end
January 31
Latest financial report
10-Q - Q2 2024 - Sep 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 456 % +13.7%
Quick Ratio 141 % -1.11%
Debt-to-equity 50 % -6.86%
Return On Equity 7.11 % -48.8%
Return On Assets 4.75 % -47.6%
Operating Margin 6.11 % -48.9%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 452M USD -17.5%
Weighted Average Number of Shares Outstanding, Basic 22.3M shares +0.32%
Weighted Average Number of Shares Outstanding, Diluted 22.7M shares +0.19%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 663M USD -6.71%
Operating Income (Loss) 40.5M USD -52.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 47.5M USD -46.5%
Income Tax Expense (Benefit) 10.5M USD -41.4%
Net Income (Loss) Attributable to Parent 36.1M USD -47.8%
Earnings Per Share, Basic 1.63 USD/shares -47.4%
Earnings Per Share, Diluted 1.59 USD/shares -47.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 198M USD -9.44%
Accounts Receivable, after Allowance for Credit Loss, Current 110M USD +14.6%
Inventory, Net 176M USD -2.78%
Other Assets, Current 26.4M USD +4.82%
Assets, Current 524M USD -1.95%
Deferred Income Tax Assets, Net 42.7M USD -5.15%
Property, Plant and Equipment, Net 20.3M USD +2.91%
Operating Lease, Right-of-Use Asset 85.4M USD +19.6%
Other Assets, Noncurrent 80.3M USD +13.4%
Assets 759M USD +1.27%
Accounts Payable, Current 36.8M USD +29.3%
Employee-related Liabilities, Current 9.78M USD -10.9%
Accrued Liabilities, Current 45.1M USD -4.37%
Liabilities, Current 119M USD -2.27%
Operating Lease, Liability, Noncurrent 76.3M USD +20.1%
Other Liabilities, Noncurrent 56.3M USD +7.88%
Liabilities 253M USD +2.77%
Accumulated Other Comprehensive Income (Loss), Net of Tax 87.8M USD -4.33%
Retained Earnings (Accumulated Deficit) 461M USD +1.12%
Stockholders' Equity Attributable to Parent 504M USD +0.67%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 507M USD +0.53%
Liabilities and Equity 759M USD +1.27%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -18.1M USD +15.9%
Net Cash Provided by (Used in) Financing Activities -9.92M USD +67.3%
Net Cash Provided by (Used in) Investing Activities -4.8M USD -66.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -36.7M USD +31.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 100K USD 0%
Deferred Tax Assets, Valuation Allowance 3.3M USD -18.4%
Deferred Tax Assets, Gross 64.8M USD +4.34%
Operating Lease, Liability 92.1M USD +3.95%
Payments to Acquire Property, Plant, and Equipment 1.62M USD -28%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 32.3M USD -62.1%
Lessee, Operating Lease, Liability, to be Paid 106M USD +7.58%
Property, Plant and Equipment, Gross 126M USD -4.99%
Operating Lease, Liability, Current 18.4M USD +7.52%
Lessee, Operating Lease, Liability, to be Paid, Year Two 17.2M USD -4.25%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.9M USD -7.57%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 13.6M USD +41%
Lessee, Operating Lease, Liability, to be Paid, Year Three 16.5M USD +13.3%
Deferred Tax Assets, Operating Loss Carryforwards 5.76M USD -9.56%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 547K USD -3.87%
Lessee, Operating Lease, Liability, to be Paid, Year Four 12.9M USD -5.72%
Deferred Tax Assets, Net of Valuation Allowance 61.5M USD +5.92%
Share-based Payment Arrangement, Expense 1.4M USD -44%
Interest Expense 499K USD -6.03%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%