Company Information

  

Address: 130 WEST COCHRAN STREET
UNIT C 
City: SIMI VALLEY 
State: CA 
Zip Code: 93065 
Telephone: 805-583-7744 

Description of Business

Primary SIC Code: 3695
(As filed with the SEC)  

Qualstar Corporation and its Subsidiaries ("Qualstar", the "Company", "we", "us" or "our") is organized into two strategic business segments, power solutions and data storage systems. Qualstar is a leading provider of data storage systems marketed under the Qualstar brand and of high efficiency and high-density power solutions marketed under the N2Power brand. Qualstar Corporation was incorporated in California in 1984 and operates two wholly-owned subsidiaries. N2Power, Inc. was formed in 2017 to operate the Company's power supply business and Qualstar Corporation Singapore Private Limited ("QC Singapore,") was created in 2014 to give the Company an engineering footprint in Singapore and better service our contract manufacturers and our Asian distribution partners and customers.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.56NA20.18
12/20170.31NA27.10
09/2017-0.22NAN/E
06/2017-0.16NAN/E
03/2017-0.36NAN/E
12/2016-0.59NAN/E
09/20160.03NA125.67
06/2016-0.67NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.03Total Liab/Total Assets0.31
Net Inc/Total Assets0.07Total Liab/Inv Cap0.44
Net Inc/Inv Cap0.11Total Liab/Comm Equity0.14
Pretax Inc/Net Sales0.06Interest Coverage RatioNA
Net Inc/Net Sales0.06Curr Debt/EquityNA
Cash Flow/Net Sales0.10LTD/EquityNA
SG&A/NetSales0.29Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover6.29Quick Ratio2.68
Inventory Turnover4.37Current Ratio3.30
Inventory Day Sales0.01Net Rec/Curr Assets0.22
Net Sales/Work Cap1.83Inv/Curr Assets0.19
Net Sales/PP&E61.87  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 2.94 3.18 2.76 2.27
Cost of Goods Sold 1.51 1.78 1.70 1.37
Selling & Admin Exps 0.72 0.61 1.08 0.73
Operating Income 0.59 0.69 -0.15 0.06
Interest Exp NA NA NA NA
Pretax Income 0.59 0.69 -0.15 0.06
Other Income 0.00 0.00 0.00 0.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.59 0.67 -0.15 0.06

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 5.33 4.80 4.76 4.56
Receivables - Total 1.98 1.80 1.45 1.37
Inventories - Total 1.61 1.56 1.08 1.11
Total Current Assets 9.09 8.33 7.47 7.13
Net Property, Plant & Equipment 0.14 0.17 0.17 0.20
Total Assets 9.30 8.57 7.71 7.41
Liabilities        
Accounts Payable 1.41 1.69 1.49 1.45
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 2.64 2.53 2.34 2.31
Long-Term Debt NA NA NA NA
Total Liabilities 2.78 2.67 2.49 2.45
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 19.51 19.48 19.48 19.06
Retained Earnings -12.99 -13.58 -14.26 -14.11
Treasury Stock NA NA NA NA
Total Stockholders' Equity 6.52 5.90 5.22 4.96
Total Liabilities and Stockholders' Equity 9.30 8.57 7.71 7.41

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 0.50 0.07 0.21 0.72
Net Cash Provided by Investing Activities 0.03 -0.03 -0.01 0.00
Net Cash Provided by Financing Activities NA NA NA NA

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201312.64-10.36--
12/201512.90-1.31--
12/201510.98-2.63--
12/20169.42-1.21-0.59
12/201710.640.640.31
Growth Rates-4.22----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/181629914.63




Report Date : 7/16/2018

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