Company Information

  

Address: 2835 KEMET WAY
2835 KEMET WAY 
City: SIMPSONVILLE 
State: SC 
Zip Code: 29681 
Telephone: 864-963-6300 

Description of Business

Primary SIC Code: 3670
(As filed with the SEC)  

KEMET Corporation ("we", "us", "our", "KEMET" and the "Company"), a global manufacturer of passive electronic capacitors, became a stand-alone legal entity in 1990 following a management buyout from Union Carbide Corporation ("UCC"). In 1992, we publicly issued shares of our common stock. KEMET first began manufacturing tantalum capacitors in 1958 as a division of UCC and, since then, has expanded its product base to include multilayer ceramic, solid & electrolytic aluminum and film capacitors. In fiscal year 2012, we acquired Cornell Dubilier Foil, LLC (whose name was subsequently changed to KEMET Foil Manufacturing, LLC ("KEMET Foil") and Niotan Incorporated (whose name was subsequently changed to KEMET Blue Powder Corporation ("Blue Powder") allowing us to vertically integrate certain manufacturing processes within our two segments: our Film and Electrolytic Business Group ("Film and Electrolytic") and our Solid Capacitors Business Group ("Solid Capacitors").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20175.26NA4.02
06/20174.95NA2.59
03/20170.87NA13.79
12/2016-0.44NAN/E
09/2016-0.89NAN/E
06/2016-0.62NAN/E
03/2016-1.17NAN/E
12/2015-1.28NAN/E

Key Financial Ratios and Statistics

FYE: 03/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.11Total Liab/Total Assets0.79
Net Inc/Total Assets0.07Total Liab/Inv Cap0.96
Net Inc/Inv Cap0.08Total Liab/Comm Equity1.29
Pretax Inc/Net Sales0.01Interest Coverage Ratio1.26
Net Inc/Net Sales0.06Curr Debt/Equity0.01
Cash Flow/Net Sales0.09LTD/Equity2.50
SG&A/NetSales0.14Total Debt/Equity2.51
Asset Utilization   Liquidity  
Net Receivables Turnover8.16Quick Ratio1.78
Inventory Turnover3.61Current Ratio2.91
Inventory Day Sales0.01Net Rec/Curr Assets0.24
Net Sales/Work Cap3.04Inv/Curr Assets0.39
Net Sales/PP&E3.62  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 301.47 274.00 197.52 188.03
Cost of Goods Sold 218.63 197.32 147.68 141.02
Selling & Admin Exps 40.18 37.87 29.32 26.95
Operating Income 31.64 27.78 8.74 13.13
Interest Exp 7.37 10.96 10.00 9.92
Pretax Income 15.52 146.32 11.31 13.91
Other Income -8.75 129.50 12.57 10.71
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 12.85 220.61 52.91 12.28

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 253.67 225.64 109.77 87.36
Receivables - Total 139.04 137.56 92.53 82.52
Inventories - Total 200.22 192.03 147.96 154.52
Total Current Assets 639.17 607.01 379.01 348.43
Net Property, Plant & Equipment 371.62 367.46 209.31 211.93
Total Assets 1,147.29 1,110.77 734.53 662.54
Liabilities        
Accounts Payable 234.05 225.33 128.14 109.83
Debt in Current Liabilities 20.36 20.38 2.00 0.00
Total Current Liabilities 254.41 245.71 130.14 109.83
Long-Term Debt 311.43 314.77 386.21 386.23
Total Liabilities 731.18 725.45 579.85 572.09
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.56 0.48 0.47 0.47
Retained Earnings -18.40 -31.25 -251.65 -304.57
Treasury Stock NA NA 0.00 -0.38
Total Stockholders' Equity 416.11 385.32 154.68 90.45
Total Liabilities and Stockholders' Equity 1,147.29 1,110.77 734.53 662.54

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 29.81 10.26 29.52 19.10
Net Cash Provided by Investing Activities -9.93 159.83 -10.59 -4.67
Net Cash Provided by Financing Activities 7.43 -55.16 3.29 -0.91

Annual Summary Data (Millions)

Year Sales Net Income EPS
03/2013823.90-82.18-1.83
03/2014833.67-68.50-1.44
03/2015823.19-14.14-0.43
03/2016734.82-53.63-1.17
03/2017757.7947.990.87
Growth Rates-2.07----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1719640,05271.04




Report Date : 12/11/2017

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