Insteel Industries Inc financial data

Symbol
IIIN on NYSE
Industry
Steel Works, Blast Furnaces & Rolling & Finishing Mills
Location
1373 Boggs Dr, Mount Airy, NC
State of incorporation
North Carolina
Fiscal year end
September 28
Latest financial report
10-Q - Q2 2024 - Jul 18, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 652 % +9.76%
Quick Ratio 241 % -23.3%
Return On Equity 5.78 % -57.8%
Return On Assets 4.91 % -57.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 19.4M shares +0.06%
Common Stock, Shares, Outstanding 19.5M shares -0.12%
Entity Public Float 425M USD -26.3%
Common Stock, Value, Issued 19.4M USD +0.06%
Weighted Average Number of Shares Outstanding, Basic 19.5M shares +0.06%
Weighted Average Number of Shares Outstanding, Diluted 19.6M shares +0.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 552M USD -21%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 26.5M USD -59.9%
Income Tax Expense (Benefit) 6.22M USD -58.4%
Net Income (Loss) Attributable to Parent 20.3M USD -60.3%
Earnings Per Share, Basic 1.05 USD/shares -59.9%
Earnings Per Share, Diluted 1.04 USD/shares -60.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 97.7M USD +6.55%
Accounts Receivable, after Allowance for Credit Loss, Current 61.2M USD -7.73%
Inventory, Net 89.4M USD -32.9%
Other Assets, Current 8.77M USD +36.8%
Assets, Current 257M USD -13.6%
Property, Plant and Equipment, Net 128M USD +7.66%
Operating Lease, Right-of-Use Asset 2M USD
Intangible Assets, Net (Excluding Goodwill) 5.53M USD -11.9%
Goodwill 9.75M USD 0%
Other Assets, Noncurrent 14.3M USD +10.8%
Assets 415M USD -6.91%
Accounts Payable, Current 34.8M USD -8.53%
Accrued Liabilities, Current 9.89M USD -23.8%
Liabilities, Current 44.7M USD -12.4%
Operating Lease, Liability, Noncurrent 1.02M USD
Other Liabilities, Noncurrent 23.9M USD +24%
Accumulated Other Comprehensive Income (Loss), Net of Tax -283K USD +71%
Retained Earnings (Accumulated Deficit) 241M USD -11.8%
Stockholders' Equity Attributable to Parent 346M USD -7.75%
Liabilities and Equity 415M USD -6.91%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 21.8M USD -33.8%
Net Cash Provided by (Used in) Financing Activities -49.5M USD -22.8%
Net Cash Provided by (Used in) Investing Activities -12.4M USD -855%
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 19.5M shares -0.12%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -40.1M USD -605%
Deferred Tax Assets, Valuation Allowance 149K USD +366%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 21M USD -60.1%
Lessee, Operating Lease, Liability, to be Paid 2.1M USD +29.7%
Property, Plant and Equipment, Gross 306M USD +6.72%
Operating Lease, Liability, Current 968K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 636K USD +24.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.1M USD +6.67%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +81.1%
Deferred Income Tax Expense (Benefit) 3.35M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 164K USD +235%
Lessee, Operating Lease, Liability, to be Paid, Year Three 354K USD +413%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6K USD +200%
Amortization of Intangible Assets 751K USD -2.72%
Depreciation, Depletion and Amortization 3.71M USD +10.7%
Deferred Tax Assets, Net of Valuation Allowance 6.95M USD +3.87%
Interest Expense 96K USD +6.67%