Company Information

  

Address: 55 WALLS DRIVE  
City: FAIRFIELD 
State: CT 
Zip Code: 06824 
Telephone: 203-254-6060 

Description of Business

Primary SIC Code: 3420
(As filed with the SEC)  

Acme United Corporation, a Connecticut corporation (together, with its subsidiaries, the "Company"), is a leading worldwide supplier of innovative cutting, measuring, first aid and sharpening products to the school, home, office, hardware, sporting goods and industrial markets. The Company's operations are in the United States, Canada, Europe (located in Germany) and Asia (located in Hong Kong and China). The operations in the United States, Canada and Europe are primarily involved in product development, marketing, sales, administrative, manufacturing and distribution activities. The operations in Asia consist of sourcing, product development, production planning, quality control and sales activities. Total net sales in 2017 were $130.6 million. The Company was organized as a partnership in l867 and incorporated in l882 under the laws of the State of Connecticut.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.120.11018.61
12/20171.090.11021.47
09/20171.400.11016.43
06/20171.500.11019.07
03/20171.660.10016.87
12/20161.640.10015.59
09/20161.750.10011.95
06/20161.670.10010.96

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.57Total Liab/Total Assets0.56
Net Inc/Total Assets0.04Total Liab/Inv Cap0.66
Net Inc/Inv Cap0.04Total Liab/Comm Equity9.12
Pretax Inc/Net Sales0.05Interest Coverage Ratio5.79
Net Inc/Net Sales0.03Curr Debt/Equity0.01
Cash Flow/Net Sales0.04LTD/Equity0.94
SG&A/NetSales0.31Total Debt/Equity0.95
Asset Utilization   Liquidity  
Net Receivables Turnover5.67Quick Ratio2.25
Inventory Turnover2.14Current Ratio4.64
Inventory Day Sales0.01Net Rec/Curr Assets0.33
Net Sales/Work Cap2.14Inv/Curr Assets0.52
Net Sales/PP&E9.51  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 31.71 30.17 33.79 38.85
Cost of Goods Sold 19.59 19.54 21.56 24.37
Selling & Admin Exps 10.76 9.86 10.28 10.62
Operating Income 1.37 0.77 1.95 3.87
Interest Exp 0.41 0.41 0.37 0.31
Pretax Income 0.97 0.37 1.57 3.62
Other Income 0.02 0.01 -0.02 0.07
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.76 -0.65 1.20 2.85

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 1.07 9.34 7.02 5.67
Receivables - Total 24.49 26.01 31.58 32.62
Inventories - Total 41.90 40.09 36.80 35.64
Total Current Assets 70.22 77.82 77.85 76.35
Net Property, Plant & Equipment 14.16 13.73 9.45 9.08
Total Assets 107.25 114.73 110.94 109.36
Liabilities        
Accounts Payable 11.15 16.52 13.98 12.71
Debt in Current Liabilities NA 0.27 NA NA
Total Current Liabilities 11.15 16.78 13.98 12.71
Long-Term Debt 44.74 47.16 45.97 46.96
Total Liabilities 56.75 64.79 60.22 60.01
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 12.09 12.09 12.09 12.09
Retained Earnings 44.86 44.47 45.49 44.66
Treasury Stock -13.87 -13.87 -13.87 -13.87
Total Stockholders' Equity 50.49 49.94 50.72 49.35
Total Liabilities and Stockholders' Equity 107.25 114.73 110.94 109.36

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -4.58 6.01 3.46 -1.61
Net Cash Provided by Investing Activities -0.90 -4.75 -0.80 -1.10
Net Cash Provided by Financing Activities -2.83 1.02 -1.36 2.18

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201389.584.001.22
12/2014107.224.791.36
12/2015109.814.79-0.05
12/2016124.575.851.64
12/2017130.554.051.09
Growth Rates9.870.31--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18402,00659.47




Report Date : 7/16/2018

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