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") that merged into IEC on December 28, 2016, IEC Electronics Corp-Albuquerque ("Albuquerque"), IEC Analysis & Testing Laboratory, LLC ("ATL") and IEC California Holdings, Inc. The Rochester unit, formerly known as Celmet, operates as a division of IEC. We are 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. We specialize in delivering technical solutions for the custom manufacturing, product configuration, and verification testing of highly engineered complex products that require a sophisticated level of manufacturing to ensure quality and performance.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.26NA17.28
12/20170.05NA82.40
09/20170.01NA493.00
06/2017-0.99NAN/E
03/2017-0.90NAN/E
12/2016-0.71NAN/E
09/2016-0.47NAN/E
06/20160.70NA5.93

Key Financial Ratios and Statistics

FYE: 09/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.00Total Liab/Total Assets0.72
Net Inc/Total Assets0.00Total Liab/Inv Cap1.12
Net Inc/Inv Cap0.00Total Liab/Comm Equity0.84
Pretax Inc/Net Sales0.00Interest Coverage Ratio1.16
Net Inc/Net Sales0.00Curr Debt/Equity0.08
Cash Flow/Net Sales0.02LTD/Equity1.34
SG&A/NetSales0.11Total Debt/Equity1.43
Asset Utilization   Liquidity  
Net Receivables Turnover5.51Quick Ratio1.09
Inventory Turnover5.50Current Ratio1.99
Inventory Day Sales0.01Net Rec/Curr Assets0.52
Net Sales/Work Cap5.61Inv/Curr Assets0.45
Net Sales/PP&E5.43  

Income Statement (Millions)

  3/30/2018 12/29/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 31.77 21.16 27.62 26.49
Cost of Goods Sold 26.98 19.64 24.15 22.78
Selling & Admin Exps 2.92 2.79 2.49 2.62
Operating Income 1.86 -1.27 0.99 1.09
Interest Exp 0.28 0.23 0.21 0.26
Pretax Income 1.58 -1.50 0.77 0.84
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.58 -0.49 0.76 0.79

Balance Sheet (Millions)

Assets 3/30/2018 12/29/2017 9/30/2017 6/30/2017
Cash & Short Term Investments NA NA NA 0.08
Receivables - Total 21.42 13.82 17.89 15.92
Inventories - Total 20.98 20.89 15.61 18.23
Total Current Assets 44.90 35.96 34.51 35.17
Net Property, Plant & Equipment 16.71 17.99 17.78 16.87
Total Assets 62.75 55.11 52.45 52.21
Liabilities        
Accounts Payable 19.86 17.44 14.50 14.75
Debt in Current Liabilities 2.66 1.85 1.20 1.20
Total Current Liabilities 23.35 21.05 17.32 16.66
Long-Term Debt 22.52 18.76 19.39 20.49
Total Liabilities 47.02 41.08 38.02 38.53
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.10 0.10 0.10 0.10
Retained Earnings -29.79 -31.37 -30.87 -31.63
Treasury Stock -1.59 -1.59 -1.59 -1.59
Total Stockholders' Equity 15.74 14.03 14.43 13.68
Total Liabilities and Stockholders' Equity 62.75 55.11 52.45 52.21

Cash Flow Summary (Millions)

Categories 3/30/2018 12/29/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -4.01 0.77 2.54 -1.47
Net Cash Provided by Investing Activities -0.54 -0.80 -1.50 -0.49
Net Cash Provided by Financing Activities 4.55 0.03 -1.12 1.53

Annual Summary Data (Millions)

Year Sales Net Income EPS
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
09/201796.460.080.01
Growth Rates-9.05----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18281,90518.61




Report Date : 7/16/2018

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