Shyft Group, Inc. financial data

Symbol
SHYF on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
41280 Bridge Street, Novi, MI
State of incorporation
Michigan
Fiscal year end
December 31
Former names
SPARTAN MOTORS INC (to 6/1/2020)
Latest financial report
10-Q - Q2 2024 - Jul 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 172 % -2.98%
Quick Ratio 63.3 % +6.06%
Debt-to-equity 106 % -5.86%
Return On Equity -0.96 % -106%
Return On Assets -0.46 % -106%
Operating Margin -0.22 % -104%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.5M shares -1.43%
Common Stock, Shares, Outstanding 34.4M shares -1.45%
Entity Public Float 754M USD +18.4%
Common Stock, Value, Issued 96.7M USD +6.67%
Weighted Average Number of Shares Outstanding, Basic 34.4M shares -1.53%
Weighted Average Number of Shares Outstanding, Diluted 34.5M shares -1.48%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 794M USD -24.8%
Research and Development Expense 20.6M USD -19.9%
Operating Income (Loss) -1.73M USD -103%
Nonoperating Income (Expense) -6.76M USD -25.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.48M USD -117%
Income Tax Expense (Benefit) -6.08M USD -169%
Net Income (Loss) Attributable to Parent -2.4M USD -106%
Earnings Per Share, Basic -0.07 USD/shares -106%
Earnings Per Share, Diluted -0.07 USD/shares -106%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.96M USD +14.7%
Accounts Receivable, after Allowance for Credit Loss, Current 93.7M USD +0.27%
Inventory, Net 94.6M USD -6.62%
Other Assets, Current 7.49M USD +5.81%
Assets, Current 264M USD +1.29%
Deferred Income Tax Assets, Net 17.3M USD +66.6%
Property, Plant and Equipment, Net 79M USD +2.01%
Operating Lease, Right-of-Use Asset 42.8M USD -12.9%
Intangible Assets, Net (Excluding Goodwill) 43.5M USD -7.72%
Goodwill 48.9M USD 0%
Other Assets, Noncurrent 2.56M USD -5.51%
Assets 498M USD +0.35%
Accounts Payable, Current 74M USD -13.7%
Employee-related Liabilities, Current 14.5M USD -1.77%
Contract with Customer, Liability, Current 5.62M USD +33.9%
Liabilities, Current 142M USD +1.01%
Long-term Debt and Lease Obligation 65.2M USD +44.3%
Operating Lease, Liability, Noncurrent 34.6M USD -12.5%
Other Liabilities, Noncurrent 7.15M USD -27.2%
Liabilities 248M USD +5.89%
Retained Earnings (Accumulated Deficit) 152M USD -10.6%
Stockholders' Equity Attributable to Parent 252M USD -6.12%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 249M USD -4.64%
Liabilities and Equity 498M USD +0.35%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.96M USD -167%
Net Cash Provided by (Used in) Financing Activities 12.9M USD
Net Cash Provided by (Used in) Investing Activities -5.64M USD -14.2%
Common Stock, Shares Authorized 80M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3.29M USD
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 49.6M USD +3.18%
Operating Lease, Liability 44.6M USD -12.4%
Depreciation 14.5M USD +18%
Payments to Acquire Property, Plant, and Equipment 5.72M USD +28%
Lessee, Operating Lease, Liability, to be Paid 49.3M USD -18.6%
Property, Plant and Equipment, Gross 161M USD +6.38%
Operating Lease, Liability, Current 9.98M USD -12.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.55M USD -14.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 10.7M USD -0.82%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.73M USD -51%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.79M USD -26.4%
Deferred Tax Assets, Operating Loss Carryforwards 504K USD -9.35%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 4.66M USD -18.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.16M USD -24.9%
Operating Lease, Payments 2.92M USD +4.48%
Depreciation, Depletion and Amortization 17.5M USD +11.8%
Interest Expense 6.93M USD +60.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares