Tel Instrument Electronics Corp financial data

Symbol
TIKK on OTC
Industry
Electronic Components & Accessories
Location
One Branca Road, East Rutherford, NJ
State of incorporation
NJ
Fiscal year end
March 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 243 % +61.8%
Quick Ratio 183 % +228%
Debt-to-equity 60.2 % -54.9%
Return On Equity 2.41 % -69.2%
Return On Assets -2.75 % -313%
Operating Margin -1.47 % +27.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.26M shares 0%
Common Stock, Shares, Outstanding 3.26M shares 0%
Entity Public Float 3.59M USD +165%
Common Stock, Value, Issued 326K USD 0%
Weighted Average Number of Shares Outstanding, Basic 3.26M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 3.26M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 9M USD +2.27%
Research and Development Expense 1.34M USD +3.62%
Operating Income (Loss) -132K USD +25.9%
Nonoperating Income (Expense) -93.4K USD -128%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -225K USD -250%
Income Tax Expense (Benefit) 65.3K USD -25%
Net Income (Loss) Attributable to Parent -291K USD -260%
Earnings Per Share, Basic -0.21 USD/shares -425%
Earnings Per Share, Diluted -0.2 USD/shares -300%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 242K USD -32.1%
Accounts Receivable, after Allowance for Credit Loss, Current 814K USD -13.6%
Inventory, Net 4.99M USD +21.6%
Assets, Current 6.25M USD +10.9%
Deferred Income Tax Assets, Net 2.66M USD -2.38%
Property, Plant and Equipment, Net 55.3K USD -40.6%
Operating Lease, Right-of-Use Asset 1.22M USD -14.4%
Other Assets, Noncurrent 35.1K USD 0%
Assets 10.2M USD +3.11%
Accounts Payable, Current 1.01M USD +66.1%
Employee-related Liabilities, Current 280K USD -8.97%
Accrued Liabilities, Current 158K USD -9.33%
Liabilities, Current 2.99M USD +40.2%
Operating Lease, Liability, Noncurrent 1.01M USD -16.9%
Other Liabilities, Noncurrent 41.5K USD -16%
Liabilities 4.13M USD +16.7%
Retained Earnings (Accumulated Deficit) -6.78M USD -4.48%
Stockholders' Equity Attributable to Parent 6.09M USD -4.44%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 6.08M USD +2.7%
Liabilities and Equity 10.2M USD +3.11%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -373K USD -153%
Net Cash Provided by (Used in) Financing Activities 391K USD
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 7M shares 0%
Common Stock, Shares, Issued 3.26M shares 0%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 242K USD -32.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 17.9K USD +32.8%
Deferred Tax Assets, Valuation Allowance 138K USD +37.8%
Deferred Tax Assets, Gross 2.59M USD -5.11%
Operating Lease, Liability 1.22M USD -14.4%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid 1.34M USD -16%
Operating Lease, Liability, Current 206K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 268K USD +5.07%
Lessee, Operating Lease, Liability, to be Paid, Year One 127K USD +0%
Deferred Income Tax Expense (Benefit) 11.2K USD -86.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 121K USD -28.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 277K USD +3.45%
Deferred Tax Assets, Operating Loss Carryforwards 1.23M USD +118%
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 277K USD 0%
Additional Paid in Capital 6.19M USD -5.64%
Depreciation, Depletion and Amortization 9.03K USD -26.4%
Deferred Tax Assets, Net of Valuation Allowance 2.45M USD -6.75%
Share-based Payment Arrangement, Expense 1.94K USD -0.05%
Interest Expense 0 USD -100%
Preferred Stock, Par or Stated Value Per Share 0.1 USD/shares 0%