Movado Group Inc financial data

Symbol
MOV on NYSE, MOVAA on OTC
Industry
Watches, Clocks, Clockwork Operated Devices/Parts
Location
650 From Road, Suite 375, Paramus, NJ
State of incorporation
New York
Fiscal year end
January 31
Latest financial report
10-Q - Q1 2024 - May 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 456 % +20.6%
Quick Ratio 141 % +1.57%
Debt-to-equity 49.7 % -12.4%
Return On Equity 7.98 % -54.1%
Return On Assets 5.34 % -51.8%
Operating Margin 7.09 % -50.9%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 452M USD -17.5%
Weighted Average Number of Shares Outstanding, Basic 22.3M shares +0.12%
Weighted Average Number of Shares Outstanding, Diluted 22.7M shares +0%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 664M USD -9.41%
Operating Income (Loss) 47.1M USD -55.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 53.8M USD -50.4%
Income Tax Expense (Benefit) 12.4M USD -41.9%
Net Income (Loss) Attributable to Parent 40.5M USD -52.5%
Earnings Per Share, Basic 1.82 USD/shares -52.1%
Earnings Per Share, Diluted 1.79 USD/shares -52%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 225M USD +13.7%
Accounts Receivable, after Allowance for Credit Loss, Current 102M USD +8.17%
Inventory, Net 160M USD -18.2%
Other Assets, Current 22.3M USD -13.7%
Assets, Current 517M USD -1.54%
Deferred Income Tax Assets, Net 43.3M USD -3.93%
Property, Plant and Equipment, Net 19M USD -0.2%
Operating Lease, Right-of-Use Asset 89.2M USD +17%
Other Assets, Noncurrent 75.7M USD +13.3%
Assets 751M USD +1.34%
Accounts Payable, Current 33M USD +35%
Employee-related Liabilities, Current 7.34M USD -3.38%
Accrued Liabilities, Current 42M USD -14.1%
Liabilities, Current 107M USD -7.8%
Operating Lease, Liability, Noncurrent 79.7M USD +19.5%
Other Liabilities, Noncurrent 52.9M USD +7.28%
Liabilities 248M USD +0.47%
Accumulated Other Comprehensive Income (Loss), Net of Tax 82.1M USD -3.64%
Retained Earnings (Accumulated Deficit) 465M USD +2.07%
Stockholders' Equity Attributable to Parent 501M USD +1.91%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 504M USD +1.77%
Liabilities and Equity 751M USD +1.34%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -18.1M USD +15.9%
Net Cash Provided by (Used in) Financing Activities -9.92M USD +67.3%
Net Cash Provided by (Used in) Investing Activities -4.8M USD -66.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -36.7M USD +31.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 100K USD 0%
Deferred Tax Assets, Valuation Allowance 3.3M USD -18.4%
Deferred Tax Assets, Gross 64.8M USD +4.34%
Operating Lease, Liability 92.1M USD +3.95%
Payments to Acquire Property, Plant, and Equipment 1.62M USD -28%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 37.4M USD -60.7%
Lessee, Operating Lease, Liability, to be Paid 106M USD +7.58%
Property, Plant and Equipment, Gross 126M USD -4.99%
Operating Lease, Liability, Current 18.2M USD +3.61%
Lessee, Operating Lease, Liability, to be Paid, Year Two 17.2M USD -4.25%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.9M USD -7.57%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 13.6M USD +41%
Lessee, Operating Lease, Liability, to be Paid, Year Three 16.5M USD +13.3%
Deferred Tax Assets, Operating Loss Carryforwards 5.76M USD -9.56%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 547K USD -3.87%
Lessee, Operating Lease, Liability, to be Paid, Year Four 12.9M USD -5.72%
Deferred Tax Assets, Net of Valuation Allowance 61.5M USD +5.92%
Share-based Payment Arrangement, Expense 1.8M USD -28%
Interest Expense 502K USD -3.28%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%