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, including: immunoassays, molecular assays, virology and specialty products. 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 in the United States through a network of national and regional distributors, and through a direct sales force. Internationally, we market primarily through distributor arrangements. We commenced our operations in 1979 and launched our first products, dipstick-based pregnancy tests, in 1983.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
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
12/2015-0.18NAN/E
09/20150.03NA629.33

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.07Total Liab/Total Assets0.48
Net Inc/Total Assets-0.04Total Liab/Inv Cap0.53
Net Inc/Inv Cap-0.04Total Liab/Comm Equity0.92
Pretax Inc/Net Sales-0.08Interest Coverage Ratio-0.38
Net Inc/Net Sales-0.07Curr Debt/Equity0.00
Cash Flow/Net Sales0.06LTD/Equity0.74
SG&A/NetSales0.39Total Debt/Equity0.74
Asset Utilization   Liquidity  
Net Receivables Turnover8.83Quick Ratio5.93
Inventory Turnover2.80Current Ratio6.71
Inventory Day Sales0.01Net Rec/Curr Assets0.11
Net Sales/Work Cap1.00Inv/Curr Assets0.12
Net Sales/PP&E3.77  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 38.27 73.69 52.81 49.34
Cost of Goods Sold 17.76 23.57 19.12 17.73
Selling & Admin Exps 19.09 20.73 17.98 18.79
Operating Income -11.03 19.23 5.92 2.13
Interest Exp 2.78 2.83 3.14 3.01
Pretax Income -13.81 16.40 2.77 -0.88
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -11.84 14.29 -1.95 -0.57

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 175.05 197.49 169.51 153.36
Receivables - Total 19.84 20.94 24.99 26.19
Inventories - Total 22.96 22.47 26.05 23.36
Total Current Assets 225.25 244.95 225.39 208.54
Net Property, Plant & Equipment 51.02 49.88 50.86 50.20
Total Assets 398.54 404.50 388.25 376.50
Liabilities        
Accounts Payable 20.64 17.69 25.69 19.20
Debt in Current Liabilities 0.11 0.11 0.10 0.62
Total Current Liabilities 31.33 29.13 33.61 25.35
Long-Term Debt 151.00 149.66 148.32 146.55
Total Liabilities 185.95 184.38 187.62 179.75
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.03 0.03 0.03 0.03
Retained Earnings -1.81 10.04 -4.26 -2.31
Treasury Stock NA NA NA NA
Total Stockholders' Equity 212.59 220.12 200.63 196.75
Total Liabilities and Stockholders' Equity 398.54 404.50 388.25 376.50

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -5.57 29.58 16.62 -2.35
Net Cash Provided by Investing Activities -19.01 -3.71 -4.05 -2.40
Net Cash Provided by Financing Activities 2.13 2.12 3.58 2.55

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012155.744.990.15
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
Growth Rates5.32----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1712831,05992.88




Report Date : 10/16/2017

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