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 - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 217 % -10.6%
Debt-to-equity 76.5 % +12.8%
Return On Equity 13.2 %
Return On Assets 7.46 %
Operating Margin 9.1 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 5.35M shares +1.7%
Common Stock, Shares, Outstanding 5.3M shares +0.92%
Entity Public Float 73.1M USD +51.7%
Common Stock, Value, Issued 54K USD +1.89%
Weighted Average Number of Shares Outstanding, Basic 5.32M shares +1.26%
Weighted Average Number of Shares Outstanding, Diluted 5.32M shares +1.28%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 68.4M USD +26.8%
Cost of Revenue 10M USD +11.5%
Selling and Marketing Expense 3.06M USD +8.04%
General and Administrative Expense 5.97M USD -3.91%
Operating Income (Loss) 6.23M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 6.23M USD
Income Tax Expense (Benefit) 1.6M USD
Net Income (Loss) Attributable to Parent 4.63M USD
Earnings Per Share, Basic 0.37 USD/shares
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 17.2M USD +3.77%
Assets, Current 33.7M USD +18.4%
Property, Plant and Equipment, Net 29.9M USD +11.2%
Assets 64M USD +14.9%
Accounts Payable, Current 5.4M USD -5.01%
Employee-related Liabilities, Current 774K USD
Accrued Liabilities, Current 1.11M USD
Liabilities, Current 14.9M USD +14.4%
Deferred Income Tax Liabilities, Net 1.65M USD -20.8%
Operating Lease, Liability, Noncurrent 0 USD -100%
Liabilities 26.9M USD +15.5%
Retained Earnings (Accumulated Deficit) 29.5M USD +18.6%
Stockholders' Equity Attributable to Parent 37.2M USD +14.5%
Liabilities and Equity 64M USD +14.9%

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 +0.01%
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 7.29M USD +54.2%
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 24K USD -52.9%
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 +1.26%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 703K USD +8.82%
Interest Expense 246K USD -8.55%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%