Taitron Components Inc financial data

Symbol
TAIT on Nasdaq
Industry
Wholesale-Electronic Parts & Equipment, NEC
Location
28040 West Harrison Parkway, Valencia, CA
State of incorporation
California
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 1.13K % -2.85%
Quick Ratio 229 % -32.7%
Return On Equity 8.87 % -20.8%
Return On Assets 8.31 % -20.8%
Operating Margin 8.03 % -66.9%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 12.8M USD +4.07%
Weighted Average Number of Shares Outstanding, Basic 6.02M shares +0.42%
Weighted Average Number of Shares Outstanding, Diluted 6.02M shares -0.18%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.72M USD -38.4%
Operating Income (Loss) 379K USD -79.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.86M USD -22%
Income Tax Expense (Benefit) 346K USD -82.5%
Net Income (Loss) Attributable to Parent 1.51M USD -18.2%
Earnings Per Share, Basic 0.07 USD/shares -22.2%
Earnings Per Share, Diluted 0.07 USD/shares -22.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.01M USD +5.66%
Accounts Receivable, after Allowance for Credit Loss, Current 419K USD -56.3%
Inventory, Net 2.41M USD -27.2%
Assets, Current 12.7M USD -1.53%
Deferred Income Tax Assets, Net 2.05M USD -0.34%
Property, Plant and Equipment, Net 3.12M USD +9.78%
Assets 18.1M USD +0.41%
Accounts Payable, Current 188K USD -62.1%
Accrued Liabilities, Current 710K USD +5.5%
Liabilities, Current 898K USD -23.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -89K USD -48.3%
Retained Earnings (Accumulated Deficit) 5.78M USD +5.59%
Stockholders' Equity Attributable to Parent 17.2M USD +2.05%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 17.2M USD +2.05%
Liabilities and Equity 18.1M USD +0.41%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -328K USD -135%
Net Cash Provided by (Used in) Financing Activities -301K USD -0.33%
Net Cash Provided by (Used in) Investing Activities -37K USD +96.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -658K USD -82.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.01M USD +5.66%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 2.18M USD -0.18%
Payments to Acquire Property, Plant, and Equipment 37K USD +3600%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 370K USD -30.2%
Property, Plant and Equipment, Gross 7.76M USD +2.85%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Additional Paid in Capital 11.5M USD +0.6%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 33K USD -23.3%
Deferred Tax Assets, Net of Valuation Allowance 2.18M USD -0.18%
Share-based Payment Arrangement, Expense 3K USD +50%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%