Company Information

  

Address: 12544 HIGH BLUFF DRIVE
SUITE 200 
City: SAN DIEGO 
State: CA 
Zip Code: 92130 
Telephone: 858-552-1100 

Description of Business

Primary SIC Code: 2835
(As filed with the SEC)  

All references to "we," "our," and "us" in this Annual Report refer to Quidel Corporation and its subsidiaries. Overview We have a leadership position in the development, manufacturing and marketing of rapid diagnostic testing solutions. These diagnostic testing solutions are separated into our four product categories: rapid immunoassays, cardiac immunoassays, specialized diagnostic solutions and molecular diagnostic solutions. We sell our products directly to end users and distributors, in each case, for professional use in physician offices, hospitals, clinical laboratories, reference laboratories, leading universities, retail clinics, pharmacies and wellness screening centers. We market our products through a network of distributors, and through a direct sales force. The Company operates in one business segment that develops, manufactures and markets our four product categories.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/2017-0.24NAN/E
09/20170.15NA292.40
06/20170.00NAN/E
03/20170.11NA205.82
12/2016-0.42NAN/E
09/2016-0.37NAN/E
06/2016-0.39NAN/E
03/2016-0.40NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.03Total Liab/Total Assets0.76
Net Inc/Total Assets-0.01Total Liab/Inv Cap0.90
Net Inc/Inv Cap-0.01Total Liab/Comm Equity2.96
Pretax Inc/Net Sales-0.03Interest Coverage Ratio0.54
Net Inc/Net Sales-0.03Curr Debt/Equity0.09
Cash Flow/Net Sales0.10LTD/Equity1.66
SG&A/NetSales0.35Total Debt/Equity1.75
Asset Utilization   Liquidity  
Net Receivables Turnover6.04Quick Ratio2.06
Inventory Turnover2.61Current Ratio2.58
Inventory Day Sales0.00Net Rec/Curr Assets0.20
Net Sales/Work Cap1.37Inv/Curr Assets0.20
Net Sales/PP&E4.51  

Income Statement (Millions)

  12/31/2017 9/30/2017 6/30/2017 3/31/2017
Total Revenues(Net Sales) 114.89 50.89 38.27 73.69
Cost of Goods Sold 60.89 19.39 17.76 23.57
Selling & Admin Exps 37.14 19.48 19.09 20.73
Operating Income 3.89 -2.54 -11.03 19.23
Interest Exp 9.20 2.78 2.78 2.83
Pretax Income -5.31 -5.32 -13.81 16.40
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -5.09 -5.53 -11.84 14.29

Balance Sheet (Millions)

Assets 12/31/2017 9/30/2017 6/30/2017 3/31/2017
Cash & Short Term Investments 36.09 172.99 175.05 197.49
Receivables - Total 67.05 41.58 19.84 20.94
Inventories - Total 67.08 23.43 22.96 22.47
Total Current Assets 331.23 244.48 225.25 244.95
Net Property, Plant & Equipment 61.59 50.04 51.02 49.88
Total Assets 935.25 413.82 398.54 404.50
Liabilities        
Accounts Payable 43.21 25.43 20.64 17.69
Debt in Current Liabilities 20.18 0.12 0.11 0.11
Total Current Liabilities 128.35 38.94 31.33 29.13
Long-Term Debt 377.26 152.35 151.00 149.66
Total Liabilities 708.15 194.94 185.95 184.38
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.04 0.03 0.03 0.03
Retained Earnings -12.42 -7.33 -1.81 10.04
Treasury Stock NA NA NA NA
Total Stockholders' Equity 227.10 218.88 212.59 220.12
Total Liabilities and Stockholders' Equity 935.25 413.82 398.54 404.50

Cash Flow Summary (Millions)

Categories 12/31/2017 9/30/2017 6/30/2017 3/31/2017
Net Cash Provided by Operating Activities 11.23 -7.52 -5.57 29.58
Net Cash Provided by Investing Activities -404.60 -4.43 -19.01 -3.71
Net Cash Provided by Financing Activities 256.47 9.89 2.13 2.12

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013177.327.390.21
12/2014184.16-7.07-0.21
12/2015196.13-6.08-0.18
12/2016191.60-13.81-0.42
12/2017277.74-8.16-0.24
Growth Rates11.87----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1815332,59087.42




Report Date : 4/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.