Tel-Instrument Electronics

Tel-Instrument Electronics Corp. is a designer and manufacturer of avionics test and measurement instruments for the commercial air transport, general aviation, and Government/military aerospace and defense markets. The Company has two segments: Avionics Government and Avionics Commercial. The Company's Avionics Government segment consists primarily of the design, manufacture and sale of test equipment to the United States and foreign Governments and militaries either directly or through distributors. The Company's Avionics Commercial segment consists of design, manufacture and sale of test equipment to domestic and foreign airlines, directly or through commercial distributors, and to general aviation repair and maintenance shops. The Company provides instruments to test and measure, and calibrates and repairs a range of airborne navigation and communication equipment.
Company Growth (employees)
Type
Public
HQ
East Rutherford, US
Size (employees)
59 (est)
Tel-Instrument Electronics is headquartered in East Rutherford, US

Tel-Instrument Electronics Office Locations

Tel-Instrument Electronics has an office in East Rutherford
East Rutherford, US (HQ)
1 Branca Rd

Tel-Instrument Electronics Data and Metrics

Tel-Instrument Electronics Financial Metrics

Tel-Instrument Electronics's revenue was reported to be $4.2 m in Q3, 2016
USD

Revenue (Q3, 2016)

4.2 m

Gross profit (Q3, 2016)

1.6 m

Gross profit margin (Q3, 2016), %

39%

Net income (Q3, 2016)

141.5 k

EBIT (Q3, 2016)

153.9 k

Market capitalization (21-Jul-2017)

12.3 m
Tel-Instrument Electronics's current market capitalization is $12.3 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

15.8 m18.2 m24.8 m

Revenue growth, %

15%36%

Cost of goods sold

9.5 m12.8 m16.8 m

Gross profit

6.4 m5.4 m8 m

Gross profit Margin, %

40%30%32%

General and administrative expense

3.1 m3.1 m3.4 m

Operating expense total

5 m5.1 m5.4 m

EBIT

1.4 m330.4 k2.6 m

EBIT margin, %

9%2%10%

Interest expense

(275.3 k)(145.7 k)(58.1 k)

Interest income

226

Pre tax profit

704.4 k(359.8 k)1.9 m

Income tax expense

442.8 k(79.4 k)852 k

Net Income

261.5 k(280.4 k)1 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

3.1 m3.6 m5 m5.8 m6.8 m6 m5.3 m5.1 m4.2 m

Cost of goods sold

2 m2.7 m3.5 m4 m4.6 m3.9 m3.5 m3.3 m2.6 m

Gross profit

1.1 m869.3 k1.5 m1.8 m2.2 m2 m1.9 m1.8 m1.6 m

Gross profit Margin, %

36%24%31%31%33%34%35%36%39%

General and administrative expense

879.2 k660 k825.3 k865.7 k883.9 k767.9 k911.7 k875.1 k865.4 k

Operating expense total

879.2 k660 k825.3 k865.7 k883.9 k767.9 k911.7 k875.1 k865.4 k

EBIT

(242.9 k)(288.4 k)225.8 k457.5 k915.9 k725.3 k380 k366.7 k153.9 k

EBIT margin, %

(8%)(8%)4%8%13%12%7%7%4%

Interest expense

(62.5 k)(57.4 k)(39.1 k)(29.6 k)(25.8 k)(23.7 k)(17.8 k)(17.5 k)(11.6 k)

Pre tax profit

(497.2 k)(375.1 k)7.9 k494.2 k370.2 k453.5 k578.1 k381.8 k177.9 k

Income tax expense

(113.2 k)(126.9 k)28.8 k215.2 k170.7 k227 k167.7 k109.8 k36.4 k

Net Income

(384 k)(248.2 k)(20.9 k)279.1 k199.5 k226.6 k410.3 k272.1 k141.5 k
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

232.1 k185.9 k972.6 k

Inventories

263.6 k281 k128.1 k4.2 m

Current Assets

7.8 m7.2 m7.8 m

Total Assets

10.6 m9.9 m10.1 m

Accounts Payable

2.3 m2.8 m1.7 m1.4 m

Total Debt

418.3 k

Current Liabilities

5.4 m4.6 m3.8 m

Total Liabilities

5.4 m

Additional Paid-in Capital

8 m8 m8.1 m

Retained Earnings

(4.5 m)(4.7 m)(3.7 m)

Total Equity

3.6 m4.7 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0 x

Financial Leverage

2.7 x2.2 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

202.5 k243.1 k332 k178 k795.4 k629.1 k412.6 k830.5 k1.2 m

Accounts Receivable

844.7 k542.6 k614.2 k1.9 m860.9 k1 m2.3 m1.9 m1.1 m

Inventories

4.6 m4.5 m4.6 m4.5 m4.7 m4.8 m4 m3.7 m4.5 m

Current Assets

7.4 m7.1 m7.1 m8 m7.8 m7.8 m8.1 m7 m7.4 m

Total Assets

10.2 m10 m9.9 m10.4 m10 m9.8 m10.2 m9 m9.3 m

Accounts Payable

3.3 m3.6 m3.7 m3.9 m3 m2.3 m2.1 m1.7 m2.1 m

Current Liabilities

5.4 m5 m5 m5 m4.1 m3.6 m4.5 m3.1 m3.4 m

Additional Paid-in Capital

8 m8 m8 m8.1 m8.1 m8.1 m8.1 m8.1 m8.1 m

Retained Earnings

(4.8 m)(5.1 m)(5.1 m)(4.5 m)(4.3 m)(4 m)(3.3 m)(3 m)(2.9 m)

Total Equity

3.5 m3.3 m3.3 m3.9 m4.1 m4.4 m5.1 m5.4 m5.5 m

Financial Leverage

2.9 x3.1 x3 x2.6 x2.4 x2.2 x2 x1.7 x1.7 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

261.5 k(280.4 k)1 m(4.8 m)

Depreciation and Amortization

202.9 k177.3 k164.8 k120.2 k

Accounts Receivable

(1.5 m)473 k188.1 k(102 k)

Inventories

(707.7 k)

Accounts Payable

(2 m)521.9 k(1.1 m)

Cash From Operating Activities

432.6 k401.3 k1.5 m387.7 k

Purchases of PP&E

(65.9 k)(11.2 k)(61.3 k)(88.1 k)

Cash From Investing Activities

(65.9 k)(11.2 k)(61.3 k)(88.1 k)

Long-term Borrowings

(526.1 k)(1.6 m)(391.6 k)(428.7 k)

Cash From Financing Activities

(445 k)(436.3 k)(615.4 k)(984.4 k)

Interest Paid

310.5 k166 k59.1 k228.4 k

Income Taxes Paid

1.3 k20.5 k50 k
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(384 k)(248.2 k)(20.9 k)279.1 k199.5 k226.6 k410.3 k272.1 k141.5 k

Depreciation and Amortization

45.1 k

Accounts Receivable

1.3 m542.6 k614.2 k1.9 m860.9 k1 m2.3 m1.9 m1.1 m

Cash From Operating Activities

148 k

Cash From Investing Activities

(1.1 k)

Long-term Borrowings

(156.1 k)

Cash From Financing Activities

(176.5 k)

Interest Paid

53.6 k

Income Taxes Paid

20.5 k

Tel-Instrument Electronics Market Value History

Tel-Instrument Electronics Company Life and Culture

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