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 awards and recognition industries and dye sublimation markets. 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
03/20180.01NA880.00
12/2017-0.11NAN/E
09/2017-0.29NAN/E
06/2017-0.19NAN/E
03/2017-0.12NAN/E
12/2016-0.03NAN/E
09/20160.07NA153.57
06/20160.09NA124.94

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.08Total Liab/Total Assets0.23
Net Inc/Total Assets-0.01Total Liab/Inv Cap0.25
Net Inc/Inv Cap-0.01Total Liab/Comm Equity1.36
Pretax Inc/Net Sales-0.03Interest Coverage Ratio-5.31
Net Inc/Net Sales-0.01Curr Debt/Equity0.01
Cash Flow/Net Sales0.01LTD/Equity0.23
SG&A/NetSales0.32Total Debt/Equity0.24
Asset Utilization   Liquidity  
Net Receivables Turnover7.51Quick Ratio7.06
Inventory Turnover5.65Current Ratio9.44
Inventory Day Sales0.02Net Rec/Curr Assets0.27
Net Sales/Work Cap2.33Inv/Curr Assets0.25
Net Sales/PP&E2.08  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 4.07 4.94 3.98 4.69
Cost of Goods Sold 2.71 3.07 2.66 3.24
Selling & Admin Exps 1.35 1.30 1.31 1.39
Operating Income -0.14 0.41 -0.15 -0.14
Interest Exp 0.02 0.02 0.02 0.02
Pretax Income -0.15 0.39 -0.16 -0.15
Other Income 0.01 0.01 0.01 0.01
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -0.13 0.37 -0.11 -0.11

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 3.84 3.82 3.92 4.14
Receivables - Total 2.07 2.19 1.97 2.34
Inventories - Total 2.37 2.09 2.55 2.28
Total Current Assets 8.47 8.27 8.54 8.90
Net Property, Plant & Equipment 8.15 8.30 8.47 8.63
Total Assets 16.99 16.92 17.36 17.86
Liabilities        
Accounts Payable 0.95 0.74 1.15 1.30
Debt in Current Liabilities 0.13 0.13 0.13 0.13
Total Current Liabilities 1.09 0.88 1.28 1.43
Long-Term Debt 2.91 2.95 2.98 3.01
Total Liabilities 4.16 3.97 4.71 4.89
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 9.92 10.05 9.74 10.03
Treasury Stock NA NA NA NA
Total Stockholders' Equity 12.83 12.96 12.65 12.97
Total Liabilities and Stockholders' Equity 16.99 16.92 17.36 17.86

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 0.11 0.06 0.10 0.30
Net Cash Provided by Investing Activities 0.16 -1.03 0.92 0.38
Net Cash Provided by Financing Activities -0.04 -0.10 -0.25 -0.05

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201317.490.680.34
12/201418.490.650.32
12/201517.560.140.07
12/201617.57-0.07-0.03
12/201717.24-0.23-0.11
Growth Rates-0.36----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/188301.54




Report Date : 6/11/2018

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