LS Starrett Analysis
LS Starrett holds a debt-to-equity ratio of 0.362. With a high degree of financial leverage come high-interest payments, which usually reduce LS Starrett's Earnings Per Share (EPS).
Asset vs Debt
Equity vs Debt
LS Starrett's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. LS Starrett's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps SCX Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect LS Starrett's stakeholders.
For many companies, including LS Starrett, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for LS Starrett, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, LS Starrett's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that LS Starrett's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which LS Starrett is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of LS Starrett to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, LS Starrett is said to be less leveraged. If creditors hold a majority of LS Starrett's assets, the Company is said to be highly leveraged.
LS Starrett is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of LS Starrett delisted stock analysis is to determine its intrinsic value, which is an estimate of what LS Starrett is worth, separate from its market price. There are two main types of LS Starrett's stock analysis: fundamental analysis and technical analysis.
The LS Starrett stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. LS Starrett is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day ( substitute day ), Independence Day. SCX Stock trading window is adjusted to America/New York timezone.
SCX |
SCX Stock Analysis Notes
About 47.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. LS Starrett last dividend was issued on the 18th of December 2017. The entity had 2:1 split on the 6th of October 1988. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in the United States, Canada, Mexico, Brazil, China, the United Kingdom, Australia, and New Zealand. Starrett Company was founded in 1880 and is headquartered in Athol, Massachusetts. LS Starrett operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. It employs 1493 people. To find out more about LS Starrett contact Douglas Starrett at 978 249 3551 or learn more at https://www.starrett.com.LS Starrett Investment Alerts
| LS Starrett is not yet fully synchronised with the market data | |
| LS Starrett has some characteristics of a very speculative penny stock | |
| LS Starrett has a very high chance of going through financial distress in the upcoming years |
SCX Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 113.38 M.SCX Profitablity
The company has Net Profit Margin of 0.05 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.02 %, which entails that for every 100 dollars of revenue, it generated $0.02 of operating income.LS Starrett Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific LS Starrett insiders, such as employees or executives, is commonly permitted as long as it does not rely on LS Starrett's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases LS Starrett insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Douglas Starrett over a year ago Disposition of 10924 shares by Douglas Starrett of LS Starrett subject to Rule 16b-3 | ||
Douglas Starrett over a year ago Payment of 1561 shares by Douglas Starrett of LS Starrett subject to Rule 16b-3 | ||
Douglas Starrett over a year ago Sale by Douglas Starrett of 4615 shares of LS Starrett | ||
Douglas Starrett over a year ago Acquisition by Douglas Starrett of 11250 shares of LS Starrett subject to Rule 16b-3 | ||
Stephen Walsh over a year ago LS Starrett exotic insider transaction detected | ||
John Tripp over a year ago Acquisition by John Tripp of 15000 shares of LS Starrett subject to Rule 16b-3 | ||
John Tripp over a year ago Sale by John Tripp of 3300 shares of LS Starrett |
LS Starrett Outstanding Bonds
LS Starrett issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. LS Starrett uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most SCX bonds can be classified according to their maturity, which is the date when LS Starrett has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
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| Valero Energy Partners Corp BondUS91914JAA07 | View |
LS Starrett Debt to Cash Allocation
As LS Starrett follows its natural business cycle, the capital allocation decisions will not magically go away. LS Starrett's decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
LS Starrett has 15.35 M in debt with debt to equity (D/E) ratio of 0.36, which is OK given its current industry classification. LS Starrett has a current ratio of 3.17, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for SCX to invest in growth at high rates of return. LS Starrett Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the LS Starrett's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of LS Starrett, which in turn will lower the firm's financial flexibility.LS Starrett Corporate Bonds Issued
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Other Consideration for investing in SCX Stock
If you are still planning to invest in LS Starrett check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the LS Starrett's history and understand the potential risks before investing.
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