General Cable

General Cable is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for energy, construction, industrial, specialty and communications segments. The Company produces copper, aluminum, and fiber optic wire, as well as cable products for the energy, construction, industrial, specialty and communications markets. The Company's energy cables include low-, medium- and high-voltage power distribution and power transmission products. General Cable's application-specific industrial and specialty cables are used in electrical power generation — traditional and renewable — the oil, gas, and petrochemical industries; mining; industrial automation; automotive, marine, and transit; and military, aerospace and OEM applications. Its communications wire and cable products transmit low-voltage signals for voice, data, video and control applications.General Cable sells its products under several brands including Anaconda, Carol, GenSPEED, NextGen, NSW, NUAL, Prestolite Wire, Silec and STABILOY.

Company Growth (employees)
Type
Public
HQ
Highland Heights, US
Founded
1927
Size (employees)
10,000 (est)-16%
General Cable was founded in 1927 and is headquartered in Highland Heights, US

Key People at General Cable

Michael McDonnell

Michael McDonnell

President and Chief Executive Officer

General Cable Office Locations

General Cable has an office in Highland Heights
Highland Heights, US (HQ)
4 Tesseneer Rd

General Cable Data and Metrics

General Cable Financial Metrics

General Cable's revenue was reported to be $918.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

918.2 m

Gross profit (Q1, 2017)

118.6 m

Gross profit margin (Q1, 2017), %

13%

Net income (Q1, 2017)

12.4 m

EBIT (Q1, 2017)

23.8 m

Market capitalization (18-Aug-2017)

835 m

Cash (31-Mar-2017)

83.4 m
General Cable's current market capitalization is $835 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

5.8 b6 b4.5 b3.9 b

Revenue growth, %

3%(25%)(15%)

Cost of goods sold

5.2 b5.6 b4.1 b3.5 b

Gross profit

605 m393.2 m432.4 m407.1 m

Gross profit Margin, %

10%7%10%11%

General and administrative expense

429.2 m450.7 m412.3 m408.9 m

Operating expense total

429.2 m450.7 m412.3 m408.9 m

EBIT

175.8 m(311.4 m)14.5 m(18.3 m)

EBIT margin, %

3%(5%)0%(0%)

Interest expense

122.1 m116.3 m97 m89.5 m

Interest income

6 m4.5 m2.7 m2.5 m

Pre tax profit

(6.9 m)(636.1 m)(151.1 m)(98.1 m)

Income tax expense

(30.5 m)(8.3 m)14.8 m3.7 m

Net Income

(10.1 m)(643 m)(135.8 m)(93.5 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.5 b1.5 b1.3 b1.1 b1 b974 m990 m924.5 m918.2 m

Cost of goods sold

1.4 b1.4 b1.1 b990.2 m909.2 m867.9 m873.8 m821.6 m799.6 m

Gross profit

131.8 m26.6 m120.7 m123.2 m118.1 m106.1 m116.2 m102.9 m118.6 m

Gross profit Margin, %

9%2%10%11%11%11%12%11%13%

General and administrative expense

115.6 m101.9 m109.6 m97.8 m101 m88.9 m55.6 m86.1 m94.8 m

Operating expense total

115.6 m101.9 m109.6 m97.8 m101 m88.9 m55.6 m86.1 m94.8 m

EBIT

14.1 m(78.6 m)7.9 m23.7 m17.1 m15.3 m58.1 m4.7 m23.8 m

EBIT margin, %

1%(5%)1%2%2%2%6%1%3%

Interest expense

(29.7 m)(28.5 m)(25.2 m)(25.3 m)(22.6 m)(21.5 m)(22.7 m)(22.5 m)(20.7 m)

Interest income

1 m800 k900 k500 k500 k300 k300 k200 k600 k

Pre tax profit

(11 m)(123.6 m)(41.3 m)(7.1 m)(31.8 m)(7.3 m)44.8 m(19.7 m)18.7 m

Income tax expense

(12.1 m)4.5 m200 k5.5 m(4.5 m)(800 k)(11.4 m)5.7 m(6.3 m)

Net Income

(22.7 m)(118.8 m)(40.9 m)(8.4 m)(31.8 m)(4.4 m)28.3 m(13.7 m)12.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

418.8 m205.8 m79.7 m101.1 m

Accounts Receivable

279 k

Inventories

1.2 b1 b807.8 m768.2 m

Current Assets

3 b2.4 b1.7 b1.6 b

PP&E

1.1 b758.4 m523.5 m529.3 m

Goodwill

184.6 m26.1 m22.2 m12 m

Total Assets

4.6 b3.4 b2.5 b2.2 b

Accounts Payable

870.6 m672.1 m411.4 m414 m

Total Debt

1.4 b1.3 b1.1 b938.6 m

Current Liabilities

1.6 b1.5 b949.3 m901.1 m

Total Liabilities

2.1 b

Additional Paid-in Capital

699.6 m714.8 m720.5 m711 m

Retained Earnings

847.4 m184.4 m27.2 m(102.2 m)

Total Equity

1.4 b513.2 m242.9 m168.9 m

Debt to Equity Ratio

1 x2.6 x4.4 x5.6 x

Debt to Assets Ratio

0.3 x0.4 x0.4 x0.4 x

Financial Leverage

3.3 x6.6 x10.2 x13.3 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

299.1 m272.4 m167.6 m102.3 m78.9 m86.5 m62.8 m120.2 m83.4 m

Inventories

1.3 b1.3 b978.1 m897.8 m842.8 m828 m771.5 m779.6 m818.1 m

Current Assets

3.1 b2.9 b2.2 b2.2 b2 b1.9 b1.8 b1.7 b1.7 b

PP&E

1 b887.9 m704.6 m604 m572 m523.9 m506.3 m544.1 m529 m

Goodwill

27.3 m27 m22.4 m23.3 m23 m20.6 m19.7 m12.2 m12.1 m

Total Assets

4.3 b4 b3.1 b3.1 b2.7 b2.6 b2.5 b2.4 b2.3 b

Accounts Payable

930.2 m855.6 m730.1 m625.7 m538.3 m470.1 m427.7 m417.4 m424.9 m

Current Liabilities

1.7 b1.7 b1.3 b1.3 b1.1 b1 b947.5 m855.9 m825.3 m

Additional Paid-in Capital

704.8 m707.5 m711.3 m713.5 m716.5 m712.2 m713.7 m714.1 m705.9 m

Retained Earnings

489.4 m356.4 m137.4 m121.7 m83.9 m13.6 m34.5 m11.3 m(98.3 m)

Total Equity

976.5 m794.3 m415.3 m387.8 m316 m261.6 m284.4 m277 m181 m

Financial Leverage

4.4 x5.1 x7.6 x8 x8.6 x9.9 x8.7 x8.6 x12.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(10.1 m)(643 m)(135.8 m)(103.7 m)

Depreciation and Amortization

132.6 m125.4 m90.5 m86 m

Accounts Payable

(39.3 m)2.8 m

Capital Expenditures

(89.1 m)(89.6 m)(56.5 m)(84.1 m)

Long-term Borrowings

(3.2 b)(1.6 b)

Dividends Paid

(27 m)(35.4 m)(35.3 m)(35.6 m)

Interest Paid

93.6 m111 m84.8 m81.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(22.7 m)(118.8 m)(40.9 m)(8.4 m)(31.8 m)(4.4 m)28.3 m(13.7 m)12.4 m

Inventories

897.8 m842.8 m828 m771.5 m779.6 m818.1 m

Accounts Payable

625.7 m538.3 m470.1 m427.7 m417.4 m424.9 m
USDY, 2017

Revenue/Employee

91.8 k

Financial Leverage

12.7 x

General Cable Market Value History

General Cable Median Salaries

Source: 23 public H-1B filings from General Cable

Traffic Overview of General Cable

General Cable Online and Social Media Presence

General Cable Company Life and Culture

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