Steel Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Steel Connect
STCN Stock  USD 10.25  0.04  0.39%   
Steel Connect financial statements provide useful quarterly and yearly information to potential Steel Connect investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Steel Connect financial statements helps investors assess Steel Connect's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Steel Connect's valuation are summarized below:
Gross Profit
42.7 M
Profit Margin
0.5053
Market Capitalization
64.9 M
Enterprise Value Revenue
0.5056
Revenue
174.1 M
We have found one hundred twenty available fundamental trend indicators for Steel Connect, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Steel Connect's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 29th of November 2024, Market Cap is likely to drop to about 66.8 M. In addition to that, Enterprise Value is likely to grow to about (22.6 M)

Steel Connect Total Revenue

165.4 Million

Check Steel Connect financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steel Connect's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.1 M, Interest Expense of 946.2 K or Total Revenue of 165.4 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0253 or PTB Ratio of 0.49. Steel financial statements analysis is a perfect complement when working with Steel Connect Valuation or Volatility modules.
  
Check out the analysis of Steel Connect Correlation against competitors.
To learn how to invest in Steel Stock, please use our How to Invest in Steel Connect guide.

Steel Connect Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets680.6 M485.6 M463.5 M
Slightly volatile
Short and Long Term Debt Total32.3 M34 M148.7 M
Pretty Stable
Other Current Liabilities21.1 M22.2 M62.7 M
Pretty Stable
Total Current Liabilities71.3 M75.1 M162 M
Pretty Stable
Total Stockholder Equity146.5 M154.2 M119 M
Pretty Stable
Property Plant And Equipment Net25 M26.3 M47.7 M
Pretty Stable
Accounts Payable24 M25.2 M66.9 M
Slightly volatile
Cash135.1 M248.6 M102.2 M
Slightly volatile
Non Current Assets Total315.9 M189.8 M197.1 M
Slightly volatile
Non Currrent Assets Other2.9 M3.1 M5.6 M
Pretty Stable
Cash And Short Term Investments232.5 M248.6 M117.4 M
Slightly volatile
Net Receivables31.8 M33.4 M91.6 M
Pretty Stable
Common Stock Shares Outstanding30 M28.6 M8.9 M
Slightly volatile
Liabilities And Stockholders Equity680.6 M485.6 M463.5 M
Slightly volatile
Non Current Liabilities Total17.7 M18.7 M137 M
Pretty Stable
Inventory6.4 M6.7 M31.1 M
Slightly volatile
Other Current Assets6.7 M7 M17.4 M
Pretty Stable
Total Liabilities89 M93.7 M299 M
Very volatile
Total Current Assets364.6 M295.8 M266.5 M
Very volatile
Short Term Debt32.5 M21.2 M26.2 M
Very volatile
Property Plant And Equipment Gross47.2 M28.1 M49.7 M
Slightly volatile
Common Stock Total Equity517.3 K544.5 K589.2 K
Pretty Stable
Common Stock55.6 K58.5 K491.8 K
Slightly volatile
Other Liabilities3.4 M3.6 M11.1 M
Slightly volatile
Other Assets4 M4.3 M18.5 M
Slightly volatile
Long Term Debt13.6 M14.3 M140.9 M
Very volatile
Property Plant Equipment3 M3.2 M58.6 M
Slightly volatile
Current Deferred Revenue2.2 M2.3 M38.5 M
Slightly volatile
Long Term Debt Total12.1 M12.7 M101.6 M
Very volatile
Capital Surpluse8.2 B8.6 B7.6 B
Slightly volatile
Capital Lease Obligations28.8 M31.2 M37.5 M
Pretty Stable
Long Term Investments6.9 M6.5 M7.6 M
Slightly volatile
Non Current Liabilities Other8.3 M4.9 M9.9 M
Slightly volatile
Short and Long Term Debt4.8 M5 M41.4 M
Slightly volatile
Net Invested Capital69.3 M73 M192.9 M
Very volatile
Warrants28.1 M31.7 M34.5 M
Slightly volatile
Capital Stock287.1 M273.5 M81.9 M
Slightly volatile

Steel Connect Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization5.1 M5.4 M14.1 M
Very volatile
Interest Expense946.2 K996 K12 M
Pretty Stable
Total Revenue165.4 M174.1 M485.9 M
Slightly volatile
Gross Profit86.7 M48.5 M74 M
Slightly volatile
Other Operating Expenses158.3 M166.6 M491.1 M
Slightly volatile
Cost Of Revenue119.3 M125.6 M414.6 M
Slightly volatile
Total Operating Expenses39 M41 M76.5 M
Very volatile
Selling General Administrative35.9 M37.8 M70.2 M
Pretty Stable
Selling And Marketing Expenses467.9 M445.6 M381.1 M
Slightly volatile
Extraordinary Items105 M118.2 M128.7 M
Slightly volatile
Minority Interest855900139.3 K
Slightly volatile
Interest Income2.3 M1.5 M3.5 M
Slightly volatile
Reconciled Depreciation2.4 M2.5 M16.7 M
Very volatile
Preferred Stock And Other Adjustments2.1 M2.4 M1.7 M
Slightly volatile

Steel Connect Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation5.1 M5.4 M18 M
Very volatile
Capital Expenditures3.8 M4 M7 M
Pretty Stable
End Period Cash Flow136.3 M251.2 M105.6 M
Slightly volatile
Begin Period Cash Flow131.2 M123.4 M94.2 M
Pretty Stable

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.440.46030.3526
Pretty Stable
Dividend Yield0.02530.02660.0323
Pretty Stable
PTB Ratio0.490.51981.3409
Pretty Stable
Days Sales Outstanding63.2570.109585.6177
Pretty Stable
Book Value Per Share59.8863.029925.295
Slightly volatile
Stock Based Compensation To Revenue0.00420.00360.0039
Very volatile
Capex To Depreciation0.790.7370.6191
Pretty Stable
PB Ratio0.490.51981.3409
Pretty Stable
Inventory Turnover12.0718.656816.4751
Slightly volatile
Days Of Inventory On Hand29.9319.563925.0406
Slightly volatile
Payables Turnover8.394.9816.9633
Pretty Stable
Sales General And Administrative To Revenue0.30.180.1937
Pretty Stable
Research And Ddevelopement To Revenue8.0E-49.0E-40.0183
Slightly volatile
Capex To Revenue0.02160.02280.0175
Pretty Stable
Cash Per Share37.9839.98319.7452
Pretty Stable
Days Payables Outstanding69.8473.278460.8755
Very volatile
Intangibles To Total Assets0.170.10450.2922
Pretty Stable
Current Ratio2.383.94151.9455
Pretty Stable
Receivables Turnover4.975.20615.8863
Pretty Stable
Graham Number83.3887.763448.3617
Pretty Stable
Shareholders Equity Per Share23.5624.795920.3247
Very volatile
Debt To Equity0.07950.08371.0791
Pretty Stable
Capex Per Share0.610.63771.1729
Slightly volatile
Revenue Per Share26.628.000882.3322
Slightly volatile
Interest Debt Per Share2.122.235317.256
Very volatile
Debt To Assets0.02520.02660.1735
Very volatile
Operating Cycle81.589.6734110
Very volatile
Price Book Value Ratio0.490.51981.3409
Pretty Stable
Days Of Payables Outstanding69.8473.278460.8755
Very volatile
Company Equity Multiplier2.623.14974.7965
Slightly volatile
Long Term Debt To Capitalization0.03340.03520.3402
Pretty Stable
Total Debt To Capitalization0.07340.07720.3249
Pretty Stable
Debt Equity Ratio0.07950.08371.0791
Pretty Stable
Quick Ratio2.173.85181.7623
Slightly volatile
Cash Ratio3.483.31240.9916
Slightly volatile
Cash Conversion Cycle30.7116.395150.2742
Pretty Stable
Days Of Inventory Outstanding29.9319.563925.0406
Slightly volatile
Days Of Sales Outstanding63.2570.109585.6177
Pretty Stable
Price To Book Ratio0.490.51981.3409
Pretty Stable
Fixed Asset Turnover6.296.624113.3389
Slightly volatile
Debt Ratio0.02520.02660.1735
Very volatile
Price Sales Ratio0.440.46030.3526
Pretty Stable
Asset Turnover0.340.35851.199
Slightly volatile
Gross Profit Margin0.20.27850.18
Pretty Stable
Price Fair Value0.490.51981.3409
Pretty Stable

Steel Connect Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap66.8 M70.3 M104.2 M
Slightly volatile

Steel Fundamental Market Drivers

Cash And Short Term Investments248.6 M

Steel Upcoming Events

20th of March 2024
Upcoming Quarterly Report
View
31st of January 2024
Next Fiscal Quarter End
View

About Steel Connect Financial Statements

Steel Connect investors utilize fundamental indicators, such as revenue or net income, to predict how Steel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.3 M2.2 M
Total Revenue174.1 M165.4 M
Cost Of Revenue125.6 M119.3 M
Sales General And Administrative To Revenue 0.18  0.30 
Capex To Revenue 0.02  0.02 
Revenue Per Share 28.00  26.60 
Ebit Per Revenue 0.04  0.05 

Pair Trading with Steel Connect

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Steel Connect position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Steel Connect will appreciate offsetting losses from the drop in the long position's value.

Moving together with Steel Stock

  0.71WHLM WilhelminaPairCorr

Moving against Steel Stock

  0.75B Barnes GroupPairCorr
  0.73CRAI CRA InternationalPairCorr
  0.71J Jacobs SolutionsPairCorr
  0.62EVGOW EVgo Equity WarrantsPairCorr
  0.61CTAS CintasPairCorr
The ability to find closely correlated positions to Steel Connect could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steel Connect when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Steel Connect - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Steel Connect to buy it.
The correlation of Steel Connect is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Steel Connect moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steel Connect moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Steel Connect can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Steel Connect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Steel Connect's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Steel Connect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Steel Connect Stock:
How To Invest In Steel
Details
Is Steel Stock a good investment?
Details
What is Steel Connect's Net Worth?
Details
Largest Commercial & Professional Services Companies
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Largest Industrials Companies
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Check out the analysis of Steel Connect Correlation against competitors.
To learn how to invest in Steel Stock, please use our How to Invest in Steel Connect guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Connect. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Connect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Earnings Share
3.11
Revenue Per Share
28.001
Quarterly Revenue Growth
0.124
Return On Assets
0.0104
The market value of Steel Connect is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Connect's value that differs from its market value or its book value, called intrinsic value, which is Steel Connect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Connect's market value can be influenced by many factors that don't directly affect Steel Connect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Steel Connect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Connect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Connect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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