Company Information

  

Address: 4832 GRAND AVENUE  
City: DULUTH 
State: MN 
Zip Code: 55807 
Telephone: 218-628-2217 

Description of Business

Primary SIC Code: 3861
(As filed with the SEC)  

IKONICS Corporation ("IKONICS" or the "Company") was incorporated in Minnesota as Chroma-Glo, Inc. in 1952 and changed its name to The Chromaline Corporation in 1982. In December 2002, the Company changed its name to IKONICS Corporation. The Company's three traditional businesses, Domestic, IKONICS Imaging and Export, have been the development, manufacture and selling of photosensitive liquids ("emulsions") and films for the screen printing and awards and recognition industries. These sales have been augmented with inkjet receptive films, ancillary chemicals and related equipment to provide a full line of products and services to its customers. These products are sold worldwide primarily through distributors. In 2006, the Company began a major effort to diversify and expand its business to industrial markets.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.19NAN/E
03/2017-0.12NAN/E
12/2016-0.03NAN/E
09/20160.07NA153.57
06/20160.09NA124.94
03/20160.08NA147.50
12/20150.07NA159.86
09/20150.01NA1200.00

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.02Total Liab/Total Assets0.26
Net Inc/Total Assets0.00Total Liab/Inv Cap0.29
Net Inc/Inv Cap0.00Total Liab/Comm Equity1.65
Pretax Inc/Net Sales0.00Interest Coverage Ratio-0.19
Net Inc/Net Sales0.00Curr Debt/Equity0.01
Cash Flow/Net Sales0.05LTD/Equity0.23
SG&A/NetSales0.32Total Debt/Equity0.24
Asset Utilization   Liquidity  
Net Receivables Turnover7.52Quick Ratio5.37
Inventory Turnover5.52Current Ratio6.89
Inventory Day Sales0.02Net Rec/Curr Assets0.27
Net Sales/Work Cap2.27Inv/Curr Assets0.22
Net Sales/PP&E1.97  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 4.69 3.63 4.75 4.61
Cost of Goods Sold 3.24 2.54 3.00 2.94
Selling & Admin Exps 1.39 1.51 1.49 1.36
Operating Income -0.14 -0.59 0.09 0.16
Interest Exp 0.02 0.02 0.02 0.02
Pretax Income -0.15 -0.60 0.07 0.14
Other Income 0.01 0.01 0.00 0.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -0.11 -0.38 0.01 0.08

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 4.14 3.95 4.29 4.32
Receivables - Total 2.34 2.21 2.40 2.23
Inventories - Total 2.28 2.23 1.99 2.08
Total Current Assets 8.90 8.78 9.05 8.80
Net Property, Plant & Equipment 8.63 8.76 8.91 9.03
Total Assets 17.86 17.88 18.30 18.17
Liabilities        
Accounts Payable 1.30 1.18 1.19 1.11
Debt in Current Liabilities 0.13 0.13 0.13 0.13
Total Current Liabilities 1.43 1.31 1.31 1.23
Long-Term Debt 3.01 3.04 3.08 3.11
Total Liabilities 4.89 4.80 4.84 4.73
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.20 0.20 0.20 0.20
Retained Earnings 10.03 10.15 10.53 10.52
Treasury Stock NA NA NA NA
Total Stockholders' Equity 12.97 13.09 13.46 13.45
Total Liabilities and Stockholders' Equity 17.86 17.88 18.30 18.17

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 0.30 -0.25 0.11 0.28
Net Cash Provided by Investing Activities 0.38 -0.16 0.05 -0.13
Net Cash Provided by Financing Activities -0.05 -0.03 -0.03 -0.03

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201217.310.690.35
12/201317.490.680.34
12/201418.490.650.32
12/201517.560.140.07
12/201617.57-0.07-0.03
Growth Rates0.37----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/179301.52




Report Date : 10/16/2017

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