Tel Instrument Electronics Corp financial data

Symbol
TIKK on OTC
Industry
Electronic Components & Accessories
Location
One Branca Road, East Rutherford, NJ
State of incorporation
NJ
Fiscal year end
March 31
Latest financial report
10-Q - Q4 2024 - Feb 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 226 % +35.8%
Quick Ratio 170 % +126%
Debt-to-equity 63.7 % -40.5%
Return On Equity 2.41 % -69.2%
Return On Assets -8.45 % -1305%
Operating Margin -9.97 % -754%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.26M shares 0%
Common Stock, Shares, Outstanding 3.26M shares 0%
Entity Public Float 3.59M USD +165%
Common Stock, Value, Issued 326K USD 0%
Weighted Average Number of Shares Outstanding, Basic 3.26M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 3.26M shares -42%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 9.57M USD +7.82%
Research and Development Expense 1.64M USD +33.7%
Operating Income (Loss) -954K USD -805%
Nonoperating Income (Expense) -98K USD +62.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.05M USD -755%
Income Tax Expense (Benefit) -171K USD -271%
Net Income (Loss) Attributable to Parent -881K USD -1044%
Earnings Per Share, Basic -0.39 USD/shares -200%
Earnings Per Share, Diluted -0.39 USD/shares -255%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 193K USD -12.7%
Accounts Receivable, after Allowance for Credit Loss, Current 1.14M USD -3.18%
Inventory, Net 4.01M USD -7.22%
Assets, Current 5.53M USD -7.16%
Deferred Income Tax Assets, Net 2.8M USD +6.53%
Property, Plant and Equipment, Net 47.8K USD -42.7%
Operating Lease, Right-of-Use Asset 1.17M USD -15.1%
Other Assets, Noncurrent 35.1K USD 0%
Assets 9.59M USD -4.95%
Accounts Payable, Current 815K USD +1.28%
Employee-related Liabilities, Current 201K USD -12.9%
Accrued Liabilities, Current 158K USD -9.33%
Liabilities, Current 2.87M USD +28.3%
Operating Lease, Liability, Noncurrent 960K USD -17.8%
Other Liabilities, Noncurrent 39.6K USD -17.8%
Liabilities 3.95M USD +10.2%
Retained Earnings (Accumulated Deficit) -7.24M USD -13.9%
Stockholders' Equity Attributable to Parent 5.64M USD -13.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 6.08M USD +2.7%
Liabilities and Equity 9.59M USD -4.95%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -373K USD -153%
Net Cash Provided by (Used in) Financing Activities 391K USD
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 7M shares 0%
Common Stock, Shares, Issued 3.26M shares 0%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 193K USD -12.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 17.9K USD +32.8%
Deferred Tax Assets, Valuation Allowance 138K USD +37.8%
Deferred Tax Assets, Gross 2.59M USD -5.11%
Operating Lease, Liability 1.17M USD -15.1%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid 1.28M USD -16.6%
Operating Lease, Liability, Current 208K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 268K USD +5.07%
Lessee, Operating Lease, Liability, to be Paid, Year One 63.7K USD 0%
Deferred Income Tax Expense (Benefit) 11.2K USD -86.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 110K USD -29.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 277K USD +3.45%
Deferred Tax Assets, Operating Loss Carryforwards 1.23M USD +118%
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 277K USD 0%
Additional Paid in Capital 6.11M USD -5.55%
Depreciation, Depletion and Amortization 39.8K USD +6.77%
Deferred Tax Assets, Net of Valuation Allowance 2.45M USD -6.75%
Share-based Payment Arrangement, Expense 12.6K USD +548%
Preferred Stock, Par or Stated Value Per Share 0.1 USD/shares 0%