Strattec Security Financials

STRT Stock  USD 41.51  0.48  1.17%   
Based on the key measurements obtained from Strattec Security's financial statements, Strattec Security is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Strattec Security's Common Stock Total Equity is comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 320.5 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 63.6 M in 2024. Key indicators impacting Strattec Security's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.0880.0648
Significantly Up
Slightly volatile
Current Ratio2.632.1457
Fairly Up
Pretty Stable
The essential information of the day-to-day investment outlook for Strattec Security includes many different criteria found on its balance sheet. An individual investor should monitor Strattec Security's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Strattec Security.

Net Income

17.13 Million

  
Understanding current and past Strattec Security Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Strattec Security's financial statements are interrelated, with each one affecting the others. For example, an increase in Strattec Security's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Strattec Security's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Strattec Security. Check Strattec Security's Beneish M Score to see the likelihood of Strattec Security's management manipulating its earnings.

Strattec Security Stock Summary

Strattec Security competes with Dorman Products, Douglas Dynamics, Monro Muffler, Motorcar Parts, and Visteon Corp. Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. Strattec Security Corporation was founded in 1908 and is headquartered in Milwaukee, Wisconsin. Strattec Security operates under Auto Parts classification in the United States and is traded on NASDAQ Exchange. It employs 3373 people.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8631111007
CUSIP863111100
LocationWisconsin; U.S.A
Business Address3333 West Good
SectorAutomobile Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.strattec.com
Phone414 247 3333
CurrencyUSD - US Dollar

Strattec Security Key Financial Ratios

Strattec Security Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets265.5M310.6M318.7M340.9M364.3M205.0M
Other Current Liab29.6M40.8M30.2M48.3M53.4M56.1M
Net Debt23.2M(2.5M)2.2M(7.6M)(12.4M)(13.0M)
Retained Earnings211.9M234.5M241.5M234.3M250.6M167.0M
Accounts Payable18.5M36.7M44.0M57.9M54.9M57.7M
Cash11.8M14.5M8.8M20.6M25.4M18.7M
Net Receivables42.0M69.9M75.8M89.8M119.3M125.3M
Inventory54.4M70.9M80.5M77.6M81.6M85.7M
Other Current Assets17.2M19.7M23.1M37.8M27.5M16.4M
Total Liab90.1M97.1M98.3M129.9M138.7M75.8M
Total Current Assets125.4M174.9M188.2M225.8M253.8M266.5M
Other Liab3.6M7.6M5.8M3.9M3.5M3.4M
Treasury Stock(135.7M)(135.7M)(135.6M)(135.6M)(122.0M)(128.1M)
Other Assets14.5M9.2M12.0M12.4M18.7M9.8M
Net Tangible Assets152.2M181.6M188.9M185.0M212.7M162.6M
Long Term Debt35M12M11M13M15.0M20.3M
Capital Surpluse96.5M98.0M99.5M101.5M116.8M102.2M

Strattec Security Key Income Statement Accounts

The reason investors look at the income statement is to determine what Strattec Security's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue385.3M485.3M452.3M492.9M537.8M313.7M
Gross Profit35.4M78.7M56.0M42.2M65.5M51.9M
Operating Income(7.2M)33.9M8.9M(6.1M)17.8M12.2M
Ebit(7.2M)35.3M9.5M(6.7M)21.1M12.8M
Ebitda12.1M55.1M28.9M10.8M37.7M28.3M
Cost Of Revenue349.9M406.6M396.2M450.8M472.3M261.8M
Income Before Tax(8.1M)35.0M9.3M(7.7M)20.2M12.1M
Net Income(5.9M)22.5M7.0M(6.7M)16.3M17.1M
Income Tax Expense(2.3M)5.1M420K1.3M3.8M3.7M
Interest Expense920K302K221K960K900K945K
Research Development9.8M10.8M12.2M15.9M14.8M15.5M
Minority Interest23.2M31.8M(1.8M)2.3M(115K)(109.3K)
Tax Provision(2.3M)5.1M420K1.3M3.8M4.0M
Net Interest Income(920K)(302K)(221K)(960K)(900K)(945K)

Strattec Security Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(7.1M)(16.5M)(9.6M)2.9M(4.1M)(3.8M)
Change In Cash4.0M2.7M(5.7M)11.8M4.8M5.1M
Free Cash Flow13.0M26.2M(3.8M)(7.3M)2.5M3.7M
Depreciation19.3M19.8M19.4M17.5M16.5M10.7M
Other Non Cash Items(895K)1.1M(125K)2.4M(1.2M)(1.2M)
Capital Expenditures12.4M8.9M14.2M17.4M9.8M13.5M
Net Income(5.9M)29.9M8.9M(8.9M)16.4M8.4M
End Period Cash Flow11.8M14.5M8.8M20.6M25.4M18.4M
Dividends Paid2.1M1.6M490K1.8M1.6M1.6M
Investments(12.3M)(100K)(150K)8.9M(7.8M)(7.4M)
Change Receivables(10.4M)42.0M(27.7M)(5.9M)(6.8M)(7.2M)
Net Borrowings(7M)(23M)(1M)2M1.8M1.9M
Change To Netincome(3.5M)10.9M862K(3.4M)(3.1M)(2.9M)

Strattec Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Strattec Security's current stock value. Our valuation model uses many indicators to compare Strattec Security value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Strattec Security competition to find correlations between indicators driving Strattec Security's intrinsic value. More Info.
Strattec Security is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about  0.43  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Strattec Security is roughly  2.32 . At this time, Strattec Security's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Strattec Security by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Strattec Security Systematic Risk

Strattec Security's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Strattec Security volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Strattec Security correlated with the market. If Beta is less than 0 Strattec Security generally moves in the opposite direction as compared to the market. If Strattec Security Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Strattec Security is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Strattec Security is generally in the same direction as the market. If Beta > 1 Strattec Security moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Strattec Security Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Strattec Security's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Strattec Security growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0169)

At this time, Strattec Security's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Strattec Security November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Strattec Security help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Strattec Security. We use our internally-developed statistical techniques to arrive at the intrinsic value of Strattec Security based on widely used predictive technical indicators. In general, we focus on analyzing Strattec Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Strattec Security's daily price indicators and compare them against related drivers.

Additional Tools for Strattec Stock Analysis

When running Strattec Security's price analysis, check to measure Strattec Security's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Strattec Security is operating at the current time. Most of Strattec Security's value examination focuses on studying past and present price action to predict the probability of Strattec Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strattec Security's price. Additionally, you may evaluate how the addition of Strattec Security to your portfolios can decrease your overall portfolio volatility.