Steelcase Inc financial data

Symbol
SCS on NYSE
Industry
Office Furniture (No Wood)
Location
901 44 Th Street Se, Grand Rapids, Michigan
State of incorporation
Michigan
Fiscal year end
February 28
Latest financial report
10-Q - Q2 2024 - Jun 21, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 156 % +11.3%
Quick Ratio 42.7 % -22.6%
Debt-to-equity 152 % -11.7%
Return On Equity 10.4 % +75.7%
Return On Assets 4.11 % +89.5%
Operating Margin 4.09 % +55.1%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 114M shares +0.14%
Entity Public Float 728M USD -27.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.14B USD -3.35%
Cost of Revenue 2.11B USD -7.27%
Operating Income (Loss) 128M USD +50%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 118M USD +68.3%
Income Tax Expense (Benefit) 27.8M USD +25.8%
Net Income (Loss) Attributable to Parent 90.5M USD +87.8%
Earnings Per Share, Basic 0.76 USD/shares +85.4%
Earnings Per Share, Diluted 0.76 USD/shares +85.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 173M USD +331%
Accounts Receivable, after Allowance for Credit Loss, Current 325M USD -10.7%
Inventory, Net 248M USD -19.4%
Other Assets, Current 41.7M USD +0.24%
Assets, Current 862M USD +5.68%
Deferred Income Tax Assets, Net 115M USD -2.04%
Property, Plant and Equipment, Net 348M USD -6.67%
Operating Lease, Right-of-Use Asset 152M USD -21.5%
Intangible Assets, Net (Excluding Goodwill) 90.5M USD -15.8%
Goodwill 275M USD -0.83%
Other Assets, Noncurrent 60.3M USD +102%
Assets 2.13B USD +0.09%
Accounts Payable, Current 225M USD +4.32%
Employee-related Liabilities, Current 75.6M USD -16.1%
Contract with Customer, Liability, Current 47.4M USD -7.24%
Liabilities, Current 535M USD +0.28%
Operating Lease, Liability, Noncurrent 123M USD -24.9%
Other Liabilities, Noncurrent 51.9M USD -10.8%
Liabilities 1.25B USD -3.25%
Accumulated Other Comprehensive Income (Loss), Net of Tax -66.6M USD +4.45%
Retained Earnings (Accumulated Deficit) 911M USD +4.92%
Stockholders' Equity Attributable to Parent 873M USD +5.31%
Liabilities and Equity 2.13B USD +0.09%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -59.1M USD -623%
Net Cash Provided by (Used in) Financing Activities -40M USD +20.5%
Net Cash Provided by (Used in) Investing Activities -46.6M USD -316%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -146M USD -188%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 180M USD +287%
Deferred Tax Assets, Valuation Allowance 6.2M USD +44.2%
Deferred Tax Assets, Gross 194M USD -7.52%
Operating Lease, Liability 165M USD -21.5%
Payments to Acquire Property, Plant, and Equipment 12.1M USD +3.42%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 93.6M USD +97.1%
Lessee, Operating Lease, Liability, to be Paid 186M USD -20.6%
Property, Plant and Equipment, Gross 1.47B USD +0.48%
Operating Lease, Liability, Current 41.7M USD -9.35%
Lessee, Operating Lease, Liability, to be Paid, Year Two 44.1M USD -17.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 36.9M USD -7.75%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +23.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 21.6M USD -12.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 35.4M USD -16.9%
Deferred Tax Assets, Operating Loss Carryforwards 33M USD -7.82%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 2M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 26.4M USD -22.4%
Additional Paid in Capital 28.3M USD -5.98%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 45.5M USD +1.34%
Depreciation, Depletion and Amortization 20.2M USD -0.98%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 51.6M USD -0.77%
Deferred Tax Assets, Net of Valuation Allowance 188M USD -8.61%
Share-based Payment Arrangement, Expense -1.8M USD -97.8%
Operating Leases, Future Minimum Payments, Due in Three Years 43.6M USD +10.1%
Operating Leases, Future Minimum Payments Due 252M USD -8.77%
Interest Expense 25.5M USD -10.8%