Company Information

  

Address: 105 NORTON ST  
City: NEWARK 
State: NY 
Zip Code: 14513 
Telephone: 315-331-7742 

Description of Business

Primary SIC Code: 3672
(As filed with the SEC)  

IEC Electronics Corp. ("IEC," "we," "our," "us," "Company") conducts business directly, as well as through its subsidiaries, IEC Electronics Wire and Cable, Inc ("Wire and Cable"), IEC Electronics Corp-Albuquerque ("Albuquerque") and IEC Analysis & Testing Laboratory, LLC ("ATL") described in this "Overview." As discussed further in Note 2--SCB Divestiture and Discontinued Operations, SCB, the Company's formerly wholly-owned subsidiary was divested during the fourth quarter of the fiscal year ended September 30, 2015 ("fiscal 2015"). IEC is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies that produce life-saving and mission critical products for the medical, industrial, aerospace and defense sectors.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.99NAN/E
03/2017-0.90NAN/E
12/2016-0.71NAN/E
09/2016-0.47NAN/E
06/20160.70NA5.93
03/20160.58NA7.76
12/2015-0.04NAN/E
09/2015-0.37NAN/E

Key Financial Ratios and Statistics

FYE: 09/30

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.11Total Liab/Total Assets0.73
Net Inc/Total Assets0.09Total Liab/Inv Cap1.30
Net Inc/Inv Cap0.17Total Liab/Comm Equity0.82
Pretax Inc/Net Sales0.04Interest Coverage Ratio4.49
Net Inc/Net Sales0.04Curr Debt/Equity0.21
Cash Flow/Net Sales0.12LTD/Equity1.22
SG&A/NetSales0.11Total Debt/Equity1.43
Asset Utilization   Liquidity  
Net Receivables Turnover6.04Quick Ratio1.23
Inventory Turnover5.19Current Ratio2.02
Inventory Day Sales0.02Net Rec/Curr Assets0.44
Net Sales/Work Cap6.42Inv/Curr Assets0.39
Net Sales/PP&E11.55  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/30/2016 9/30/2016
Total Revenues(Net Sales) 26.49 21.37 20.98 28.42
Cost of Goods Sold 22.78 19.09 19.18 25.15
Selling & Admin Exps 2.62 2.65 2.44 2.82
Operating Income 1.09 -0.37 -0.65 0.45
Interest Exp 0.26 0.23 0.22 0.20
Pretax Income 0.84 -0.60 -0.87 0.25
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.79 -0.60 -0.87 0.18

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/30/2016 9/30/2016
Cash & Short Term Investments 0.08 0.51 0.44 0.85
Receivables - Total 15.92 14.71 11.43 17.14
Inventories - Total 18.23 16.48 14.49 15.38
Total Current Assets 35.17 32.70 27.36 39.19
Net Property, Plant & Equipment 16.87 17.01 16.78 10.99
Total Assets 52.21 49.89 44.34 50.63
Liabilities        
Accounts Payable 14.75 13.49 10.73 14.76
Debt in Current Liabilities 1.20 1.74 1.78 2.91
Total Current Liabilities 16.66 17.38 13.68 19.42
Long-Term Debt 20.49 18.42 15.94 16.96
Total Liabilities 38.53 37.23 31.19 36.76
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.10 0.11 0.11 0.11
Retained Earnings -31.63 -32.42 -31.82 -30.95
Treasury Stock -1.59 -1.59 -1.59 -1.59
Total Stockholders' Equity 13.68 12.66 13.15 13.86
Total Liabilities and Stockholders' Equity 52.21 49.89 44.34 50.63

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/30/2016 9/30/2016
Net Cash Provided by Operating Activities -1.47 -1.29 1.97 3.02
Net Cash Provided by Investing Activities -0.49 -1.08 5.29 -1.07
Net Cash Provided by Financing Activities 1.53 2.43 -7.67 -1.71

Annual Summary Data (Millions)

Year Sales Net Income EPS
09/2012144.966.690.78
09/2013140.95-9.53-0.98
09/2014120.84-15.07-0.21
09/2015127.00-10.19-0.37
09/2016127.014.79-0.47
Growth Rates-3.25----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17342,04519.82




Report Date : 10/16/2017

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