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
Delaware
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-Q - Q1 2024 - Jun 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 423 % +208%
Quick Ratio 10.2 % +2.32%
Debt-to-equity 110 %
Return On Equity 97.9 %
Return On Assets 20.8 % +246%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6.3M shares -89.7%
Common Stock, Shares, Outstanding 6.3M shares -89.7%
Entity Public Float 76.8M USD +13.4%
Common Stock, Value, Issued 65K USD -89.3%
Weighted Average Number of Shares Outstanding, Basic 6.22M shares -3.67%
Weighted Average Number of Shares Outstanding, Diluted 28.6M shares +239%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 169M USD -51.9%
Cost of Revenue 122M USD -18.1%
Operating Income (Loss) 8.13M USD +2.24%
Nonoperating Income (Expense) 14.1M USD +332%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 22.3M USD +98.3%
Income Tax Expense (Benefit) -67.3M USD -7195%
Net Income (Loss) Attributable to Parent 89.6M USD +922%
Earnings Per Share, Basic 3.35 USD/shares +600%
Earnings Per Share, Diluted 3.13 USD/shares +597%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 269M USD +329%
Cash, Cash Equivalents, and Short-term Investments 62.7M USD +25.7%
Accounts Receivable, after Allowance for Credit Loss, Current 31.9M USD -13.7%
Inventory, Net 7.47M USD +8.02%
Other Assets, Current 1.97M USD +34.3%
Assets, Current 314M USD +174%
Deferred Income Tax Assets, Net 71.1M USD
Property, Plant and Equipment, Net 5.15M USD +51.5%
Operating Lease, Right-of-Use Asset 22.9M USD -20.7%
Intangible Assets, Net (Excluding Goodwill) 31.9M USD
Goodwill 22.8M USD
Other Assets, Noncurrent 2.88M USD -26.1%
Assets 485M USD +222%
Accounts Payable, Current 27.5M USD +4.58%
Employee-related Liabilities, Current 4.03M USD -38.8%
Accrued Liabilities, Current 23.1M USD -20.9%
Contract with Customer, Liability, Current 2.76M USD -6.34%
Liabilities, Current 79.7M USD -0.69%
Contract with Customer, Liability, Noncurrent 68K USD -45.2%
Operating Lease, Liability, Noncurrent 19.2M USD +48%
Other Liabilities, Noncurrent 5M USD -9.9%
Liabilities 99.1M USD -16.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -928K USD -123%
Retained Earnings (Accumulated Deficit) 87.5M USD
Stockholders' Equity Attributable to Parent 149M USD
Liabilities and Equity 485M USD +222%

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 6.3M shares -89.7%
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 272M USD +313%
Interest Paid, Excluding Capitalized Interest, Operating Activities 9K USD
Deferred Tax Assets, Valuation Allowance 90.4M USD -81.2%
Deferred Tax Assets, Gross 102M USD -78.9%
Operating Lease, Liability 27.1M USD +40.1%
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 88.7M USD +1017%
Lessee, Operating Lease, Liability, to be Paid 29.9M USD +50%
Property, Plant and Equipment, Gross 4.15M USD -93.6%
Operating Lease, Liability, Current 7.97M USD +24%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.05M USD +89.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.26M USD +29.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +25.6%
Deferred Income Tax Expense (Benefit) -71.5M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.74M USD +409%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.63M USD +52.7%
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 0%
Unrecognized Tax Benefits 274K USD -52%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.3M USD +58.1%
Operating Lease, Payments 2.29M USD +3.85%
Additional Paid in Capital 62M USD -99.2%
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 3.59M USD
Deferred Tax Assets, Net of Valuation Allowance 11.8M USD +271%
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%