SCX Historical Income Statement

SCX Stock  USD 16.01  0.01  0.06%   
Historical analysis of LS Starrett income statement accounts such as Other Operating Expenses of 219.3 M, Operating Income of 9.5 M, EBIT of 27.3 M or Ebitda of 17 M can show how well LS Starrett performed in making a profits. Evaluating LS Starrett income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LS Starrett's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining LS Starrett latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LS Starrett is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.

About SCX Income Statement Analysis

LS Starrett Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to LS Starrett shareholders. The income statement also shows SCX investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

LS Starrett Income Statement Chart

LS Starrett Income Statement is one of the three primary financial statements used for reporting SCX's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of LS Starrett revenue and expense. LS Starrett Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, LS Starrett's Depreciation And Amortization is fairly stable compared to the past year. EBIT is likely to rise to about 27.3 M in 2024, whereas Interest Expense is likely to drop slightly above 1.2 M in 2024.

Total Revenue

Total revenue comprises all receipts LS Starrett generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of LS Starrett minus its cost of goods sold. It is profit before LS Starrett operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of LS Starrett. It is also known as LS Starrett overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on LS Starrett income statement and represents the costs associated with goods and services LS Starrett provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from LS Starrett's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LS Starrett current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.At this time, LS Starrett's Depreciation And Amortization is fairly stable compared to the past year. EBIT is likely to rise to about 27.3 M in 2024, whereas Interest Expense is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue253.7M256.2M294.6M232.7M
Interest Expense1.3M1.4M1.3M1.2M

LS Starrett income statement Correlations

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0.340.570.960.68-0.29-0.15-0.020.990.96-0.070.270.07-0.50.88-0.120.290.13-0.01-0.07-0.1-0.11-0.25-0.14
-0.040.320.00.49-0.290.910.89-0.23-0.410.830.230.720.77-0.490.240.60.060.590.170.01-0.43-0.35-0.48
-0.020.510.130.54-0.150.910.87-0.07-0.310.90.40.840.63-0.40.290.790.120.460.04-0.05-0.55-0.63-0.63
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0.330.630.970.710.99-0.23-0.070.050.93-0.010.30.14-0.490.83-0.070.350.13-0.03-0.1-0.12-0.16-0.33-0.22
0.350.40.880.580.96-0.41-0.31-0.170.93-0.210.19-0.09-0.510.97-0.250.120.110.030.02-0.040.03-0.060.06
0.40.370.180.56-0.070.830.90.95-0.01-0.210.720.970.6-0.30.110.890.520.50.04-0.28-0.29-0.59-0.42
0.810.210.360.430.270.230.40.610.30.190.720.80.10.14-0.120.790.910.18-0.06-0.540.1-0.49-0.03
0.470.460.30.60.070.720.840.90.14-0.090.970.80.38-0.20.10.960.580.32-0.02-0.39-0.29-0.71-0.47
-0.03-0.08-0.310.17-0.50.770.630.61-0.49-0.510.60.10.38-0.480.060.230.080.80.220.23-0.170.09-0.03
0.320.230.770.470.88-0.49-0.4-0.280.830.97-0.30.14-0.2-0.48-0.360.00.090.070.130.020.160.050.21
-0.450.42-0.040.03-0.120.240.290.13-0.07-0.250.11-0.120.10.06-0.360.13-0.3-0.08-0.640.27-0.75-0.21-0.46
0.460.620.50.710.290.60.790.810.350.120.890.790.960.230.00.130.520.27-0.12-0.35-0.39-0.81-0.57
0.91-0.120.150.180.130.060.120.430.130.110.520.910.580.080.09-0.30.520.130.03-0.630.42-0.220.24
0.160.130.150.51-0.010.590.460.53-0.030.030.50.180.320.80.07-0.080.270.130.330.26-0.160.11-0.01
-0.02-0.34-0.040.09-0.070.170.040.09-0.10.020.04-0.06-0.020.220.13-0.64-0.120.030.33-0.260.580.140.25
-0.470.09-0.1-0.05-0.10.01-0.05-0.22-0.12-0.04-0.28-0.54-0.390.230.020.27-0.35-0.630.26-0.26-0.480.370.04
0.38-0.77-0.25-0.4-0.11-0.43-0.55-0.31-0.160.03-0.290.1-0.29-0.170.16-0.75-0.390.42-0.160.58-0.480.380.71
-0.12-0.6-0.39-0.46-0.25-0.35-0.63-0.46-0.33-0.06-0.59-0.49-0.710.090.05-0.21-0.81-0.220.110.140.370.380.79
0.24-0.76-0.31-0.43-0.14-0.48-0.63-0.39-0.220.06-0.42-0.03-0.47-0.030.21-0.46-0.570.24-0.010.250.040.710.79
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LS Starrett Account Relationship Matchups

LS Starrett income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(9.3M)9.8M8.6M6.4M5.8M6.8M
Interest Expense975K999K1.3M1.4M1.3M1.2M
Total Revenue201.5M219.6M253.7M256.2M294.6M232.7M
Gross Profit62.2M73.3M84.2M82.5M94.9M74.4M
Other Operating Expenses196.0M201.2M231.5M236.9M272.4M219.3M
Operating Income5.4M16.6M21.6M18.9M17.0M9.5M
Ebit5.4M16.6M21.6M28.9M26.0M27.3M
Ebitda(3.9M)26.3M30.1M35.3M31.8M17.0M
Cost Of Revenue139.2M146.3M169.5M173.7M199.7M158.4M
Total Operating Expenses56.8M54.9M62.1M63.2M72.6M60.9M
Income Before Tax(20.0M)17.4M21.5M25.9M23.3M24.5M
Total Other Income Expense Net(25.4M)860K(36K)7.5M6.7M7.1M
Net Income(21.8M)15.5M14.9M23.1M20.8M21.8M
Income Tax Expense1.8M1.9M6.6M2.8M2.5M3.2M
Selling General Administrative59.4M53.1M59.2M59.6M68.6M62.9M
Research Development3.6M3.7M3.8M3M4.3M3.0M
Net Income Applicable To Common Shares(21.8M)15.5M14.9M23.1M20.8M21.8M
Net Income From Continuing Ops(21.8M)15.5M14.9M23.1M26.6M27.9M
Non Operating Income Net Other141K(1.6M)(14.7M)860K774K812.7K
Tax Provision1.8M1.9M6.6M2.8M3.2M3.0M
Interest Income745K350K504K510K459K341.0K
Net Interest Income(885K)(649K)(761K)(898K)(808.2K)(848.6K)
Reconciled Depreciation7.2M6.3M6.6M6.4M5.8M5.5M
Selling And Marketing Expenses3.6M3.2M3.1M3.7M3.3M3.0M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LS Starrett in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LS Starrett's short interest history, or implied volatility extrapolated from LS Starrett options trading.

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When determining whether LS Starrett offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LS Starrett'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 Ls Starrett Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ls Starrett Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.
Note that the LS Starrett information on this page should be used as a complementary analysis to other LS Starrett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running LS Starrett's price analysis, check to measure LS Starrett'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 LS Starrett is operating at the current time. Most of LS Starrett's value examination focuses on studying past and present price action to predict the probability of LS Starrett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LS Starrett's price. Additionally, you may evaluate how the addition of LS Starrett to your portfolios can decrease your overall portfolio volatility.
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Is LS Starrett's industry 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 LS Starrett. If investors know SCX 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 LS Starrett 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
(0.07)
Earnings Share
2.57
Revenue Per Share
33.787
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0792
The market value of LS Starrett is measured differently than its book value, which is the value of SCX that is recorded on the company's balance sheet. Investors also form their own opinion of LS Starrett's value that differs from its market value or its book value, called intrinsic value, which is LS Starrett'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 LS Starrett's market value can be influenced by many factors that don't directly affect LS Starrett's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LS Starrett's value and its price as these two are different measures arrived at by different means. Investors typically determine if LS Starrett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LS Starrett'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.