Smith Midland Corp financial data

Symbol
SMID on Nasdaq
Industry
Concrete Products, Except Block & Brick
Location
Route 28, P O Box 300, Midland, VA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 226 % -3.42%
Debt-to-equity 74.8 % +8.02%
Return On Equity 17.7 % +933%
Return On Assets 10.1 % +900%
Operating Margin 11.2 % +1190%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 5.35M shares +1.7%
Common Stock, Shares, Outstanding 5.3M shares +0.9%
Entity Public Float 73.1M USD +51.7%
Common Stock, Value, Issued 54K USD 0%
Weighted Average Number of Shares Outstanding, Basic 5.3M shares +0.91%
Weighted Average Number of Shares Outstanding, Diluted 5.3M shares +0.11%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 76.4M USD +32.4%
Cost of Revenue 10M USD +11.5%
Selling and Marketing Expense 3.06M USD +8.04%
General and Administrative Expense 6.51M USD +5.38%
Operating Income (Loss) 8.57M USD +1608%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 8.56M USD +1285%
Income Tax Expense (Benefit) 2.05M USD +4002%
Net Income (Loss) Attributable to Parent 6.51M USD +1046%
Earnings Per Share, Basic 1.22 USD/shares +1009%
Earnings Per Share, Diluted 0.21 USD/shares +950%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 12.4M USD -5.83%
Accounts Receivable, after Allowance for Credit Loss, Current 17.8M USD +5.82%
Assets, Current 35M USD +17.1%
Property, Plant and Equipment, Net 31.2M USD +13.8%
Assets 66.6M USD +15.6%
Accounts Payable, Current 5.43M USD -0.9%
Employee-related Liabilities, Current 774K USD
Accrued Liabilities, Current 852K USD
Liabilities, Current 12.6M USD -2.45%
Deferred Income Tax Liabilities, Net 1.65M USD -20.8%
Operating Lease, Liability, Noncurrent 0 USD -100%
Liabilities 26.3M USD +10.3%
Retained Earnings (Accumulated Deficit) 32.7M USD +24.9%
Stockholders' Equity Attributable to Parent 40.3M USD +19.3%
Liabilities and Equity 66.6M USD +15.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -777K USD +50%
Net Cash Provided by (Used in) Financing Activities -157K USD -2.61%
Net Cash Provided by (Used in) Investing Activities -1.44M USD -33.1%
Common Stock, Shares Authorized 8M shares 0%
Common Stock, Shares, Issued 5.35M shares -0.03%
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 1.33M USD -64.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 9.01M USD +54.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 60K USD -6.25%
Deferred Tax Assets, Gross 2.28M USD +55.2%
Operating Lease, Liability 43K USD -44.2%
Payments to Acquire Property, Plant, and Equipment 1.8M USD +54.2%
Property, Plant and Equipment, Gross 47M USD +11.3%
Operating Lease, Liability, Current 13K USD -69%
Deferred Income Tax Expense (Benefit) 40K USD
Deferred Tax Assets, Operating Loss Carryforwards 213K USD -33.2%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Additional Paid in Capital 7.71M USD +0.14%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 703K USD +8.82%
Interest Expense 238K USD -9.85%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%