Company Information

  

Address: 121 CRESCENT ST  
City: ATHOL 
State: MA 
Zip Code: 01331 
Telephone: 978-249-3551 

Description of Business

Primary SIC Code: 3420
(As filed with the SEC)  

Founded in 1880 by Laroy S. Starrett and incorporated in 1929, The L.S. Starrett Company (the "Company") is engaged in the business of manufacturing over 5,000 different products for industrial, professional and consumer markets. The Company has a long history of global manufacturing experience and currently operates 5 major global manufacturing plants. Domestic locations are Athol, Massachusetts (1880) and Mt. Airy, North Carolina (1985) with international operations located in Itu, Brazil (1956) Jedburgh, Scotland (1958) and Suzhou, China (1997). All subsidiaries principally serve the global manufacturing industrial base with concentration in the metalworking, construction, machinery, equipment, aerospace and automotive markets. The Company offers its broad array of measuring and cutting products to the market through multiple channels of distribution throughout the world.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.090.10098.89
06/20170.140.10061.43
03/2017-1.980.100N/E
09/2016-1.870.100N/E
06/2016-2.010.100N/E
03/20160.050.100207.00
12/20150.310.10031.35
09/20150.590.10020.47

Key Financial Ratios and Statistics

FYE: 06/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.02Total Liab/Total Assets0.52
Net Inc/Total Assets0.01Total Liab/Inv Cap0.67
Net Inc/Inv Cap0.01Total Liab/Comm Equity1.61
Pretax Inc/Net Sales0.01Interest Coverage RatioNA
Net Inc/Net Sales0.00Curr Debt/Equity0.13
Cash Flow/Net Sales0.01LTD/Equity0.07
SG&A/NetSales0.30Total Debt/Equity0.19
Asset Utilization   Liquidity  
Net Receivables Turnover5.97Quick Ratio1.69
Inventory Turnover2.54Current Ratio3.58
Inventory Day Sales0.01Net Rec/Curr Assets0.28
Net Sales/Work Cap2.61Inv/Curr Assets0.53
Net Sales/PP&E5.26  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 51.82 54.25 50.67 53.19
Cost of Goods Sold 35.28 37.52 36.19 36.37
Selling & Admin Exps 16.09 16.32 15.33 14.94
Operating Income 0.45 -0.17 -0.85 1.83
Interest Exp NA NA NA NA
Pretax Income 0.64 -0.21 -1.24 1.52
Other Income 0.19 -0.04 -0.39 -0.31
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.43 -0.05 -0.79 1.06

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 12.12 14.61 17.06 16.73
Receivables - Total 28.92 30.43 28.01 31.39
Inventories - Total 62.11 58.10 58.23 58.20
Total Current Assets 111.73 110.12 110.67 113.64
Net Property, Plant & Equipment 39.99 39.35 39.96 39.87
Total Assets 195.22 192.67 191.41 192.51
Liabilities        
Accounts Payable 20.60 19.23 17.74 17.74
Debt in Current Liabilities 11.53 11.51 1.60 1.58
Total Current Liabilities 32.13 30.74 19.33 19.32
Long-Term Debt 5.68 6.10 15.90 16.31
Total Liabilities 101.55 100.64 94.38 95.54
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 7.00 7.03 7.06 7.05
Retained Earnings 79.13 79.40 80.15 81.64
Treasury Stock NA NA NA NA
Total Stockholders' Equity 93.67 92.03 97.02 96.97
Total Liabilities and Stockholders' Equity 195.22 192.67 191.41 192.51

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 0.86 -0.13 4.01 -1.48
Net Cash Provided by Investing Activities -2.01 -1.61 -2.77 -1.71
Net Cash Provided by Financing Activities -1.53 -0.84 -1.05 -0.98

Annual Summary Data (Millions)

Year Sales Net Income EPS
06/2013243.80-0.16-0.02
06/2014247.136.710.97
06/2015241.555.240.75
06/2016209.68-14.13-2.01
06/2017207.020.990.14
Growth Rates-4.01----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17342,78644.68




Report Date : 12/11/2017

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