Culp Financial Statements From 2010 to 2024

CULP Stock  USD 4.42  0.02  0.45%   
Culp financial statements provide useful quarterly and yearly information to potential Culp Inc 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 Culp financial statements helps investors assess Culp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Culp's valuation are summarized below:
Gross Profit
10.9 M
Profit Margin
(0.06)
Market Capitalization
55.1 M
Enterprise Value Revenue
0.1982
Revenue
237.2 M
There are currently one hundred twenty fundamental signals for Culp Inc that can be evaluated and compared over time across rivals. Investors and active traders are advised to validate Culp's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 05/13/2024, Market Cap is likely to drop to about 92.3 M. In addition to that, Enterprise Value is likely to drop to about 133.9 M

Culp Total Revenue

319.11 Million

Check Culp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Culp main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.7 M, Interest Expense of 4.4 M or Selling General Administrative of 8.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0165 or PTB Ratio of 1.13. Culp financial statements analysis is a perfect complement when working with Culp Valuation or Volatility modules.
  
This module can also supplement Culp's financial leverage analysis and stock options assessment as well as various Culp Technical models . Check out the analysis of Culp Correlation against competitors.

Culp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets202.4 M175 M194.6 M
Pretty Stable
Short and Long Term Debt Total5.3 M5.6 M16.4 M
Slightly volatile
Other Current Liabilities9.5 M9.6 M11.9 M
Slightly volatile
Total Current Liabilities44.8 M50.6 M44.2 M
Very volatile
Total Stockholder Equity102.1 M102.4 M120.7 M
Very volatile
Property Plant And Equipment Net44.2 M39.9 M42.1 M
Slightly volatile
Retained Earnings63 M50.8 M76.1 M
Very volatile
Non Current Assets Total62.8 M51 M63 M
Slightly volatile
Non Currrent Assets Other3.2 M2.3 M2.5 M
Slightly volatile
Net Receivables26.8 M22.5 M26.3 M
Very volatile
Common Stock Shares Outstanding13.2 M14.1 M12.6 M
Slightly volatile
Liabilities And Stockholders Equity195.8 M175 M176.9 M
Slightly volatile
Non Current Liabilities Total16.3 M17.2 M18 M
Slightly volatile
Inventory48.7 M51.8 M49.9 M
Pretty Stable
Other Current Assets4.1 M2.8 M3.4 M
Slightly volatile
Other Stockholder Equity47.5 M39.8 M43.1 M
Slightly volatile
Total Liabilities72.9 M56.8 M70.8 M
Pretty Stable
Property Plant And Equipment Gross45.4 M39.9 M49 M
Pretty Stable
Total Current Assets110.8 M109.8 M118.4 M
Very volatile
Short Term Debt4.5 MM5.4 M
Very volatile
Accounts Payable27.1 M33.9 M28.9 M
Very volatile
Cash16.5 M24.1 M27.5 M
Pretty Stable
Cash And Short Term Investments21.3 M25.7 M34 M
Very volatile
Intangible Assets1.9 MM5.8 M
Slightly volatile
Common Stock Total Equity672 K708.4 K619.3 K
Slightly volatile
Common Stock667.1 K708.4 K624.1 K
Slightly volatile
Other Assets10.3 M11.6 MM
Slightly volatile
Property Plant Equipment42.6 M39.9 M48.8 M
Pretty Stable
Current Deferred RevenueM1.1 M3.1 M
Slightly volatile
Other Liabilities11.2 M17.8 M12 M
Slightly volatile
Net Tangible Assets125 M99.9 M111.1 M
Slightly volatile
Long Term Debt Total35.9 M34.2 M14.1 M
Slightly volatile
Capital Surpluse49.1 M49 M44.8 M
Pretty Stable
Non Current Liabilities Other4.7 M6.9 M4.8 M
Slightly volatile
Deferred Long Term Asset Charges390.7 K411.3 KM
Slightly volatile
Short and Long Term Debt5.8 M9.9 M7.1 M
Slightly volatile
Long Term Investments9.2 M6.4 M8.6 M
Pretty Stable
Net Invested Capital111.8 M80.2 M137.5 M
Slightly volatile
Net Working Capital63.5 M46.3 M66.8 M
Pretty Stable
Capital Stock492.5 K554.4 K605.7 K
Slightly volatile
Capital Lease Obligations8.2 M7.2 M5.3 M
Slightly volatile

Culp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization7.7 M6.6 M6.8 M
Slightly volatile
Selling General Administrative8.8 M9.3 M14.4 M
Slightly volatile
Total Revenue319.1 M270.2 M300.8 M
Slightly volatile
Gross Profit9.3 M9.8 M46.2 M
Slightly volatile
Other Operating Expenses297.4 M301.3 M267.6 M
Slightly volatile
Cost Of Revenue261.5 M257.6 M251.2 M
Pretty Stable
Total Operating Expenses30.1 M34.2 M33.2 M
Slightly volatile
Income Tax Expense4.1 M3.6 M4.7 M
Very volatile
Selling And Marketing Expenses4.5 M4.8 MM
Slightly volatile
Tax Provision4.9 M2.8 M6.3 M
Slightly volatile
Minority Interest4.8 M5.2 M4.5 M
Slightly volatile
Net Interest Income381 K477.9 K399.1 K
Slightly volatile
Interest Income416.5 K477.9 K422.2 K
Slightly volatile
Reconciled Depreciation6.3 M6.6 M7.4 M
Pretty Stable
Non Recurring11 M12.3 M13.4 M
Slightly volatile

Culp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
DepreciationM6.6 M6.9 M
Slightly volatile
Capital Expenditures1.8 M1.9 M7.2 M
Slightly volatile
End Period Cash Flow16.1 M24.1 M27.5 M
Pretty Stable
Stock Based Compensation978.2 KM1.1 M
Pretty Stable
Begin Period Cash Flow15.8 M16.7 M26.9 M
Pretty Stable
Dividends Paid3.7 M6.3 M5.6 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.380.260.5241
Slightly volatile
Dividend Yield0.01650.01380.0419
Pretty Stable
PTB Ratio1.130.681.3096
Slightly volatile
Days Sales Outstanding47.6144.6631.8106
Slightly volatile
Book Value Per Share6.226.539.2249
Slightly volatile
Invested Capital0.07670.08070.1176
Slightly volatile
Stock Based Compensation To Revenue0.00310.00440.0054
Slightly volatile
PB Ratio1.130.681.3096
Slightly volatile
EV To Sales0.190.20.4678
Slightly volatile
Inventory Turnover6.065.724.7902
Pretty Stable
Days Of Inventory On Hand54.2666.178.0465
Pretty Stable
Payables Turnover10.878.7311.0135
Very volatile
Sales General And Administrative To Revenue0.03980.05040.0335
Slightly volatile
Cash Per Share1.261.641.9617
Slightly volatile
Days Payables Outstanding31.3743.2533.8156
Pretty Stable
Intangibles To Total Assets0.01620.0170.0325
Slightly volatile
Current Ratio2.061.952.9134
Slightly volatile
Tangible Book Value Per Share4.946.368.6519
Slightly volatile
Receivables Turnover7.158.4611.8513
Slightly volatile
Graham Number9.4818.4213.3376
Slightly volatile
Shareholders Equity Per Share6.226.539.2249
Slightly volatile
Debt To Equity0.07670.08070.1176
Slightly volatile
Revenue Per Share19.117.2123.465
Slightly volatile
Interest Debt Per Share1.111.160.8741
Very volatile
Debt To Assets0.04490.04720.0705
Slightly volatile
Operating Cycle122129112
Slightly volatile
Price Book Value Ratio1.130.681.3096
Slightly volatile
Days Of Payables Outstanding31.3743.2533.8156
Pretty Stable
Ebt Per Ebit0.990.941.0265
Pretty Stable
Company Equity Multiplier2.171.961.5737
Slightly volatile
Long Term Debt To Capitalization0.04260.04480.0714
Slightly volatile
Total Debt To Capitalization0.07160.07540.097
Slightly volatile
Debt Equity Ratio0.07670.08070.1176
Slightly volatile
Quick Ratio1.060.971.3204
Slightly volatile
Net Income Per E B T1.11.04.4097
Slightly volatile
Cash Ratio0.340.430.6158
Slightly volatile
Cash Conversion Cycle83.6273.8677.3396
Slightly volatile
Days Of Inventory Outstanding54.2666.178.0465
Pretty Stable
Days Of Sales Outstanding47.6144.6631.8106
Slightly volatile
Price To Book Ratio1.130.681.3096
Slightly volatile
Fixed Asset Turnover4.624.775.9367
Slightly volatile
Debt Ratio0.04490.04720.0705
Slightly volatile
Price Sales Ratio0.380.260.5241
Slightly volatile
Asset Turnover1.831.781.7117
Pretty Stable
Gross Profit Margin0.05070.05330.1345
Slightly volatile
Price Fair Value1.130.681.3096
Slightly volatile

Culp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap92.3 M178.8 M222.6 M
Slightly volatile
Enterprise Value133.9 M164.1 M207.2 M
Slightly volatile

Culp Fundamental Market Drivers

Forward Price Earnings10.5708
Cash And Short Term Investments22.4 M

Culp Upcoming Events

6th of March 2024
Upcoming Quarterly Report
View
26th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
26th of June 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
30th of April 2023
Last Financial Announcement
View

About Culp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Culp income statement, its balance sheet, and the statement of cash flows. Culp investors use historical funamental indicators, such as Culp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Culp investors may use each financial statement separately, they are all related. The changes in Culp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Culp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Culp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Culp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.1 MM
Total Revenue270.2 M319.1 M
Cost Of Revenue257.6 M261.5 M
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.05  0.04 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 17.21  19.10 
Ebit Per Revenue(0.12)(0.13)
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 Culp 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, Culp's short interest history, or implied volatility extrapolated from Culp options trading.

Pair Trading with Culp

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 Culp 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 Culp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Culp Stock

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Moving against Culp Stock

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The ability to find closely correlated positions to Culp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Culp 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 Culp - 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 Culp Inc to buy it.
The correlation of Culp 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 Culp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Culp Inc 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 Culp 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 Culp Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Culp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Culp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Culp Inc Stock:
Check out the analysis of Culp Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Culp's price analysis, check to measure Culp'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 Culp is operating at the current time. Most of Culp's value examination focuses on studying past and present price action to predict the probability of Culp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Culp's price. Additionally, you may evaluate how the addition of Culp to your portfolios can decrease your overall portfolio volatility.
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Is Culp'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 Culp. If investors know Culp 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 Culp 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
(0.63)
Earnings Share
(1.10)
Revenue Per Share
19.142
Quarterly Revenue Growth
0.15
Return On Assets
(0.05)
The market value of Culp Inc is measured differently than its book value, which is the value of Culp that is recorded on the company's balance sheet. Investors also form their own opinion of Culp's value that differs from its market value or its book value, called intrinsic value, which is Culp'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 Culp's market value can be influenced by many factors that don't directly affect Culp'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 Culp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Culp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Culp'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.