Shyft Group, Inc. financial data

Symbol
SHYF on Nasdaq
Industry
Construction Machinery & Equip
Location
41280 Bridge Street, Novi, MI
State of incorporation
MI
Fiscal year end
December 31
Former names
SPARTAN MOTORS INC (to 6/1/2020)
Latest financial report
10-K - Q4 2024 - Feb 20, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 176 % +2.75%
Quick Ratio 64.2 % +1.15%
Debt-to-equity 106 % -5.86%
Return On Equity -1.12 % -144%
Return On Assets -0.52 % -143%
Operating Margin 0.52 % -32.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.9M shares
Common Stock, Shares, Outstanding 34.9M shares +1.79%
Entity Public Float 405M USD -46.3%
Common Stock, Value, Issued 99.8M USD +6.45%
Weighted Average Number of Shares Outstanding, Basic 34.4M shares -0.85%
Weighted Average Number of Shares Outstanding, Diluted 34.4M shares -1.25%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 786M USD -9.86%
Research and Development Expense 16.3M USD -35.2%
Operating Income (Loss) 4.11M USD -39.2%
Nonoperating Income (Expense) -6.34M USD -4.61%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.23M USD -420%
Income Tax Expense (Benefit) 566K USD +98.8%
Net Income (Loss) Attributable to Parent -2.8M USD -143%
Earnings Per Share, Basic -0.08 USD/shares -142%
Earnings Per Share, Diluted -0.08 USD/shares -142%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 15.8M USD +58.5%
Accounts Receivable, after Allowance for Credit Loss, Current 86.7M USD +8.93%
Inventory, Net 110M USD +4.49%
Other Assets, Current 7.35M USD -1.56%
Assets, Current 298M USD +3.72%
Deferred Income Tax Assets, Net 23.5M USD +36.1%
Property, Plant and Equipment, Net 81.1M USD -2.84%
Operating Lease, Right-of-Use Asset 41.1M USD -10.3%
Intangible Assets, Net (Excluding Goodwill) 59.1M USD +30.5%
Goodwill 64.1M USD +31.1%
Other Assets, Noncurrent 2.29M USD -5.06%
Assets 569M USD +7.3%
Accounts Payable, Current 95.1M USD -4.73%
Employee-related Liabilities, Current 16.2M USD +19.8%
Contract with Customer, Liability, Current 3.55M USD -25.3%
Liabilities, Current 182M USD -0.31%
Long-term Debt and Lease Obligation 95.2M USD +89.9%
Operating Lease, Liability, Noncurrent 33.2M USD -9.72%
Other Liabilities, Noncurrent 9.77M USD +19.4%
Liabilities 320M USD +15.3%
Retained Earnings (Accumulated Deficit) 149M USD -6.24%
Stockholders' Equity Attributable to Parent 252M USD -6.12%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 248M USD -1.52%
Liabilities and Equity 569M USD +7.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.96M USD -167%
Net Cash Provided by (Used in) Financing Activities 12.9M USD
Net Cash Provided by (Used in) Investing Activities -5.64M USD -14.2%
Common Stock, Shares Authorized 80M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3.29M USD
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 50.1M USD +1.08%
Operating Lease, Liability 42.8M USD -9.9%
Depreciation 15.4M USD +17.2%
Payments to Acquire Property, Plant, and Equipment 5.72M USD +28%
Lessee, Operating Lease, Liability, to be Paid 48.2M USD -7.61%
Property, Plant and Equipment, Gross 166M USD +4.5%
Operating Lease, Liability, Current 9.68M USD -10.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.01M USD -9.73%
Lessee, Operating Lease, Liability, to be Paid, Year One 10.9M USD +4.29%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.39M USD +15.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.32M USD -19.3%
Deferred Tax Assets, Operating Loss Carryforwards 328K USD -34.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 5.25M USD +12.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.68M USD -13.2%
Operating Lease, Payments 2.92M USD +4.48%
Depreciation, Depletion and Amortization 17.5M USD +11.8%
Interest Expense 6.93M USD +60.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares