Steel Connect, Inc. financial data

Symbol
STCN on Nasdaq
Location
590 Madison Avenue, 32 Nd Floor, New York, NY
State of incorporation
DE
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%