Optical Cable Corp financial data

Symbol
OCC on Nasdaq
Industry
Drawing & Insulating of Nonferrous Wire
Location
5290 Concourse Dr, Roanoke, VA
State of incorporation
VA
Fiscal year end
October 31
Latest financial report
10-Q - Q2 2024 - Sep 11, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 446 % +12.3%
Quick Ratio 306 % +18.2%
Debt-to-equity 79.3 % -1.82%
Return On Equity 17.7 % -8.72%
Return On Assets -14.5 % -240%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.22M shares +4.14%
Common Stock, Shares, Outstanding 7.89M shares -0.04%
Entity Public Float 25.4M USD +14.5%
Common Stock, Value, Issued 15.4M USD +2.43%
Weighted Average Number of Shares Outstanding, Basic 7.74M shares -1.62%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) -5.33M USD -244%
Nonoperating Income (Expense) -461K USD -149%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.79M USD -225%
Income Tax Expense (Benefit) 60.2K USD -47.2%
Net Income (Loss) Attributable to Parent -5.85M USD -229%
Earnings Per Share, Basic -0.76 USD/shares -233%
Earnings Per Share, Diluted -0.18 USD/shares -280%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 797K USD +313%
Accounts Receivable, after Allowance for Credit Loss, Current 8.59M USD -7.64%
Inventory, Net 19.3M USD -22.8%
Assets, Current 29.2M USD -20%
Property, Plant and Equipment, Net 6.99M USD -3.17%
Operating Lease, Right-of-Use Asset 311K USD
Intangible Assets, Net (Excluding Goodwill) 527K USD -9.09%
Other Assets, Noncurrent 896K USD -28.7%
Assets 37.6M USD -17.5%
Employee-related Liabilities, Current 1.57M USD -14.1%
Liabilities, Current 6.98M USD -41%
Operating Lease, Liability, Noncurrent 92K USD
Other Liabilities, Noncurrent 403K USD -30.9%
Liabilities 17.2M USD -12.5%
Retained Earnings (Accumulated Deficit) 5M USD -53.9%
Stockholders' Equity Attributable to Parent 20.4M USD -21.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 25.6M USD +20.7%
Liabilities and Equity 37.6M USD -17.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -261K USD +58.6%
Net Cash Provided by (Used in) Financing Activities -906K USD -228%
Net Cash Provided by (Used in) Investing Activities -80.3K USD +24.6%
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 7.89M shares -0.04%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.25M USD -4079%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 221K USD +18.8%
Deferred Tax Assets, Valuation Allowance 3.95M USD -9.83%
Deferred Tax Assets, Gross 3.95M USD -9.83%
Operating Lease, Liability 335K USD -54.8%
Payments to Acquire Property, Plant, and Equipment 80.3K USD -23.3%
Lessee, Operating Lease, Liability, to be Paid 354K USD -55.7%
Property, Plant and Equipment, Gross 38.7M USD -1.93%
Operating Lease, Liability, Current 243K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 63.6K USD -85.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 178K USD +61.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +13.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19.7K USD -67.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 63.6K USD +15.7%
Deferred Tax Assets, Operating Loss Carryforwards 2.49M USD -21%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 28.2K USD -1.03%
Lessee, Operating Lease, Liability, to be Paid, Year Four 63.6K USD +15.7%
Operating Lease, Payments 446K USD +1.82%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 54.1K USD -0.81%
Depreciation, Depletion and Amortization 213K USD -14%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 1.18M USD +19.4%