Shyft Group, Inc. financial data

Symbol
SHYF on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
41280 Bridge Street, Novi, MI
State of incorporation
MI
Fiscal year end
December 31
Former names
SPARTAN MOTORS INC (to 6/1/2020)
Latest financial report
10-Q - Q3 2024 - Oct 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 174 % -0.57%
Quick Ratio 63.4 % +3.8%
Debt-to-equity 106 % -5.86%
Return On Equity -1.52 % -114%
Return On Assets -0.72 % -114%
Operating Margin -0.07 % -102%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.5M shares +0.6%
Common Stock, Shares, Outstanding 34.5M shares +0.56%
Entity Public Float 754M USD +18.4%
Common Stock, Value, Issued 98.9M USD +8.61%
Weighted Average Number of Shares Outstanding, Basic 34.5M shares -0.38%
Weighted Average Number of Shares Outstanding, Diluted 34.7M shares +0.04%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 787M USD -19%
Research and Development Expense 19.5M USD -18%
Operating Income (Loss) -524K USD -101%
Nonoperating Income (Expense) -7.45M USD -24.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -7.98M USD -125%
Income Tax Expense (Benefit) -4.18M USD -237%
Net Income (Loss) Attributable to Parent -3.8M USD -113%
Earnings Per Share, Basic -0.11 USD/shares -113%
Earnings Per Share, Diluted -0.11 USD/shares -114%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 21.4M USD +117%
Accounts Receivable, after Allowance for Credit Loss, Current 99.3M USD +8.43%
Inventory, Net 109M USD -5.44%
Other Assets, Current 6.36M USD +19%
Assets, Current 300M USD +0.03%
Deferred Income Tax Assets, Net 17.3M USD +57.3%
Property, Plant and Equipment, Net 83.8M USD +5.46%
Operating Lease, Right-of-Use Asset 40.5M USD -15%
Intangible Assets, Net (Excluding Goodwill) 60.7M USD +31.4%
Goodwill 64.9M USD +32.8%
Other Assets, Noncurrent 2.38M USD -6%
Assets 569M USD +6.35%
Accounts Payable, Current 80.7M USD -18.7%
Employee-related Liabilities, Current 17.2M USD +6.68%
Contract with Customer, Liability, Current 6.02M USD -3.35%
Liabilities, Current 165M USD -6.15%
Long-term Debt and Lease Obligation 110M USD +99.8%
Operating Lease, Liability, Noncurrent 32.4M USD -15.9%
Other Liabilities, Noncurrent 9.03M USD -10.7%
Liabilities 317M USD +13.2%
Retained Earnings (Accumulated Deficit) 154M USD -6.59%
Stockholders' Equity Attributable to Parent 252M USD -6.12%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 253M USD -1.2%
Liabilities and Equity 569M USD +6.35%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.96M USD -167%
Net Cash Provided by (Used in) Financing Activities 12.9M USD
Net Cash Provided by (Used in) Investing Activities -5.64M USD -14.2%
Common Stock, Shares Authorized 80M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3.29M USD
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 49.6M USD +3.18%
Operating Lease, Liability 42.3M USD -14.4%
Depreciation 14.9M USD +13%
Payments to Acquire Property, Plant, and Equipment 5.72M USD +28%
Lessee, Operating Lease, Liability, to be Paid 46.7M USD -13.7%
Property, Plant and Equipment, Gross 168M USD +10.4%
Operating Lease, Liability, Current 9.88M USD -9.22%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.63M USD -11.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 10.8M USD +4.64%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.45M USD -6.79%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.88M USD -22.7%
Deferred Tax Assets, Operating Loss Carryforwards 504K USD -9.35%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 4.66M USD -18.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.22M USD -19.9%
Operating Lease, Payments 2.92M USD +4.48%
Depreciation, Depletion and Amortization 17.5M USD +11.8%
Interest Expense 6.93M USD +60.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares