Steel Connect, Inc. financial data

Symbol
STCN on Nasdaq
Industry
Services-Business Services, NEC
Location
590 Madison Avenue, 32 Nd Floor, New York, NY
State of incorporation
DE
Fiscal year end
July 31
Former names
ModusLink Global Solutions Inc (to 2/26/2018), CMGI INC (to 8/28/2008), CMG INFORMATION SERVICES INC (to 1/7/1999)
Latest financial report
10-K - Q2 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 405 % +92.8%
Quick Ratio 9.31 % -11.8%
Debt-to-equity 86.7 % -90.1%
Return On Equity 77.9 % -34.6%
Return On Assets 19.6 % +169%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6.34M shares +1.09%
Common Stock, Shares, Outstanding 6.32M shares +1.1%
Entity Public Float 36.3M USD -52.7%
Common Stock, Value, Issued 65K USD 0%
Weighted Average Number of Shares Outstanding, Basic 6.22M shares +0.66%
Weighted Average Number of Shares Outstanding, Diluted 28.6M shares +2.25%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 174M USD -7.92%
Cost of Revenue 126M USD -8.83%
Operating Income (Loss) 7.46M USD -11.3%
Nonoperating Income (Expense) 13.5M USD +60%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 21M USD +24.4%
Income Tax Expense (Benefit) -67M USD -5536%
Net Income (Loss) Attributable to Parent 88M USD +464%
Earnings Per Share, Basic 3.3 USD/shares +173%
Earnings Per Share, Diluted 3.11 USD/shares +188%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 249M USD +105%
Cash, Cash Equivalents, and Short-term Investments 62.7M USD +25.7%
Accounts Receivable, after Allowance for Credit Loss, Current 33.4M USD +16.9%
Inventory, Net 6.73M USD -21.4%
Other Assets, Current 2.04M USD +3.66%
Assets, Current 296M USD -7.34%
Deferred Income Tax Assets, Net 68.3M USD +21450%
Property, Plant and Equipment, Net 5.54M USD +49.7%
Operating Lease, Right-of-Use Asset 20.7M USD -23.4%
Intangible Assets, Net (Excluding Goodwill) 31M USD -10.3%
Goodwill 19.7M USD -13.5%
Other Assets, Noncurrent 3.09M USD -9.77%
Assets 486M USD +18.1%
Accounts Payable, Current 25.2M USD -4.88%
Employee-related Liabilities, Current 3.91M USD -31.4%
Accrued Liabilities, Current 21.7M USD -19.1%
Contract with Customer, Liability, Current 2.27M USD -11.8%
Liabilities, Current 75.1M USD +10.8%
Contract with Customer, Liability, Noncurrent 54K USD -62.5%
Operating Lease, Liability, Noncurrent 12.7M USD -33.5%
Other Liabilities, Noncurrent 5.91M USD +8.66%
Liabilities 93.7M USD -10.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.51M USD -157%
Retained Earnings (Accumulated Deficit) 93.5M USD -98.8%
Stockholders' Equity Attributable to Parent 154M USD +125%
Liabilities and Equity 486M USD +18.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 6.58M USD -20.2%
Net Cash Provided by (Used in) Financing Activities -536K USD +3.6%
Net Cash Provided by (Used in) Investing Activities 150M USD
Common Stock, Shares Authorized 1.4B shares 0%
Common Stock, Shares, Issued 6.32M shares +1.1%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 155M USD +2197%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 251M USD +104%
Interest Paid, Excluding Capitalized Interest, Operating Activities 9K USD
Deferred Tax Assets, Valuation Allowance 12.7M USD -85.9%
Deferred Tax Assets, Gross 91.1M USD -10.9%
Operating Lease, Liability 21.1M USD -22.4%
Depreciation 435K USD -5.23%
Payments to Acquire Property, Plant, and Equipment 552K USD +0.73%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 87.1M USD +483%
Lessee, Operating Lease, Liability, to be Paid 23M USD -23.1%
Property, Plant and Equipment, Gross 7.96M USD +91.5%
Operating Lease, Liability, Current 8.32M USD +4.34%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.44M USD -20.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.45M USD +2.14%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -71.5M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.91M USD -30%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.44M USD -21.1%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) -148K USD
Preferred Stock, Shares Authorized 4.97M shares +40.5%
Unrecognized Tax Benefits 85K USD -69%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.09M USD -51.3%
Operating Lease, Payments 2.29M USD +3.85%
Additional Paid in Capital 62.2M USD +1.03%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) -110K USD
Current Federal Tax Expense (Benefit) 72K USD
Amortization of Intangible Assets 3.55M USD -3.51%
Deferred Tax Assets, Net of Valuation Allowance 78.4M USD +564%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 1.68M USD -49%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%