Transcat Financials

TRNS Stock  USD 105.04  0.58  0.55%   
Based on the key indicators related to Transcat's liquidity, profitability, solvency, and operating efficiency, Transcat may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Transcat's Non Currrent Assets Other are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 36.9 M in 2024, whereas Net Debt is likely to drop slightly above 1.8 M in 2024. Key indicators impacting Transcat's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.03820.0526
Way Down
Slightly volatile
Return On Assets0.06120.0475
Significantly Up
Slightly volatile
Return On Equity0.120.0606
Way Up
Slightly volatile
Debt Equity Ratio0.450.0185
Way Up
Slightly volatile
Operating Income20.8 M19.8 M
Sufficiently Up
Slightly volatile
Current Ratio1.923.1391
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Transcat includes many different criteria found on its balance sheet. An individual investor should monitor Transcat's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Transcat.

Net Income

14.33 Million

  
Understanding current and past Transcat Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Transcat's financial statements are interrelated, with each one affecting the others. For example, an increase in Transcat's assets may result in an increase in income on the income statement.

Transcat Earnings Geography

Please note, the imprecision that can be found in Transcat's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Transcat. Check Transcat's Beneish M Score to see the likelihood of Transcat's management manipulating its earnings.

Transcat Stock Summary

Transcat competes with BlueLinx Holdings, SiteOne Landscape, DXP Enterprises, Core Main, and Distribution Solutions. Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. Transcat, Inc. was incorporated in 1964 and is headquartered in Rochester, New York. Transcat operates under Industrial Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 812 people.
Specialization
Industrials, Industrial Distribution
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8935291075
CUSIP893529107 893757104
LocationNew York; U.S.A
Business Address35 Vantage Point
SectorTrading Companies & Distributors
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.transcat.com
Phone585 352 7777
CurrencyUSD - US Dollar

Transcat Key Financial Ratios

Transcat Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets128.1M132.1M177.8M195.7M287.6M301.9M
Other Current Liab6.9M10.4M11.4M7.1M14.2M14.9M
Net Debt36.7M27.0M56.3M60.5M1.9M1.8M
Retained Earnings46.5M52.5M58.7M69.2M80.1M84.1M
Cash499K560K1.4M1.5M19.6M20.6M
Net Receivables32.1M34.4M40.3M45.2M48.3M50.7M
Inventory14.2M11.6M12.7M16.9M17.4M18.3M
Other Current Assets1.7M2.4M10.5M3.9M4.3M4.5M
Total Liab61.0M57.0M91.6M96.1M62.4M65.5M
Total Current Assets48.5M48.9M59.7M67.6M105.2M110.4M
Short Term Debt2.0M2.1M2.2M4.6M4.8M3.9M
Accounts Payable11.9M12.3M14.2M15.9M11.5M8.5M
Intangible Assets8.0M7.5M14.7M13.8M20.0M21.0M
Other Liab4.3M4.9M6.4M8.4M9.6M10.1M
Other Assets293K319K808K827K744.3K614.2K
Long Term Debt28.4M17.5M46.3M46.9M1.8M1.7M
Good Will41.5M43.3M65.1M69.4M105.6M110.9M
Common Stock3.7M3.7M3.8M3.8M4.4M3.9M
Net Tangible Assets17.6M24.3M6.4M99.6M114.6M120.3M
Long Term Debt Total28.4M17.5M46.3M46.9M53.9M56.6M
Capital Surpluse17.9M19.3M23.9M27.9M32.1M18.0M

Transcat Key Income Statement Accounts

The reason investors look at the income statement is to determine what Transcat'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)
Interest Expense1.1M1.1M953K2.8M1.8M1.9M
Total Revenue173.1M173.3M205.0M230.6M259.5M272.5M
Gross Profit42.5M46.1M58.4M68.4M83.8M88.0M
Operating Income10.9M11.1M14.1M16.2M19.8M20.8M
Ebit10.9M11.1M15.0M16.4M20.3M21.3M
Ebitda17.5M18.7M24.6M27.4M33.8M35.5M
Cost Of Revenue130.6M127.2M146.5M162.2M175.7M184.5M
Income Before Tax9.7M10.0M13.2M13.5M18.4M19.4M
Net Income8.1M7.8M11.4M10.7M13.6M14.3M
Income Tax Expense1.7M2.2M1.8M2.8M4.8M5.0M
Tax Provision1.7M2.2M1.8M2.8M4.8M2.7M
Net Interest Income(1.1M)(1.1M)(953K)(2.8M)(1.0M)(1.1M)

Transcat Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory875K2.7M(122K)(3.4M)2.3M2.4M
Change In Cash(289K)61K836K135K18.1M19.0M
Free Cash Flow5.0M17.0M7.5M7.5M19.3M20.3M
Depreciation6.7M7.6M9.6M11.0M13.5M14.2M
Other Non Cash Items305K831K772K122K459K360.9K
Capital Expenditures6.6M6.6M10.2M9.4M13.3M13.9M
Net Income8.1M7.8M11.4M10.7M13.6M14.3M
End Period Cash Flow499K560K1.4M1.5M19.6M20.6M
Change To Netincome2.3M2.5M3.0M3.3M3.8M4.0M
Change Receivables(3.3M)(1.8M)(3.4M)(5.2M)(4.7M)(4.5M)
Net Borrowings9.3M(10.8M)28.9M665K764.8K726.5K
Investments(20.2M)(10.2M)(39.9M)(18.5M)(41.7M)(39.6M)

Transcat Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Transcat's current stock value. Our valuation model uses many indicators to compare Transcat value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Transcat competition to find correlations between indicators driving Transcat's intrinsic value. More Info.
Transcat is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Transcat is roughly  1.88 . At this time, Transcat'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 Transcat 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.

Transcat Systematic Risk

Transcat's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Transcat 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Transcat correlated with the market. If Beta is less than 0 Transcat generally moves in the opposite direction as compared to the market. If Transcat Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Transcat is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Transcat is generally in the same direction as the market. If Beta > 1 Transcat moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Transcat Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Transcat'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 Transcat growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.68

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

Transcat November 28, 2024 Opportunity Range

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

Additional Tools for Transcat Stock Analysis

When running Transcat's price analysis, check to measure Transcat'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 Transcat is operating at the current time. Most of Transcat's value examination focuses on studying past and present price action to predict the probability of Transcat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcat's price. Additionally, you may evaluate how the addition of Transcat to your portfolios can decrease your overall portfolio volatility.