Cash flow Coral Products PLC

Equities

CRU

GB0002235736

Non-Paper Containers & Packaging

Market Closed - London S.E. Other stock markets 11:35:19 2024-09-20 EDT			5-day change	1st Jan Change
9.250 ^GBX	0.00%		-21.28%	-38.33%

09-17	Coral Products swings to loss after suffering challenging environment	AN
09-17	Coral Products PLC Reports Earnings Results for the Full Year Ended April 30, 2024	CI

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Published financial data: CORAL PRODUCTS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: April	2019	2020	2021	2022	2023
Revenues	24.73M	8.7M	10.71M	14.39M	35.22M
Total Revenues	24.73M	8.7M	10.71M	14.39M	35.22M
Cost of Goods Sold, Total	15.86M	5.79M	6.91M	9.1M	24.74M
Gross Profit	8.87M	2.91M	3.8M	5.29M	10.48M
Selling General & Admin Expenses, Total	8.21M	2.84M	3.2M	3.68M	8.31M
Provision for Bad Debts	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses, Total	8.21M	2.84M	3.2M	3.68M	8.31M
Operating Income	658K	66K	605K	1.61M	2.16M
Interest Expense, Total	-438K	-127K	-111K	-82K	-458K
Net Interest Expenses	-438K	-127K	-111K	-82K	-458K
EBT, Excl. Unusual Items	220K	-61K	494K	1.53M	1.71M
Restructuring Charges	-179K	-52K	-780K	-158K	-123K
Merger & Related Restructuring Charges	-	-	-30K	-	-331K
Impairment of Goodwill	-	-350K	-	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-39K	-
EBT, Incl. Unusual Items	41K	-463K	-316K	1.33M	1.25M
Income Tax Expense	-43K	-82K	-76K	363K	-6K
Earnings From Continuing Operations	84K	-381K	-240K	967K	1.26M
Earnings Of Discontinued Operations	-	-440K	715K	-	-
Net Income to Company	84K	-821K	475K	967K	1.26M
Net Income - (IS)	84K	-821K	475K	967K	1.26M
Net Income to Common Incl Extra Items	84K	-821K	475K	967K	1.26M
Net Income to Common Excl. Extra Items	84K	-381K	-240K	967K	1.26M
Per Share Items
Net EPS - Basic	0	-0.01	0.01	0.01	0.01
Basic EPS - Continuing Operations	0	-0	-0	0.01	0.01
Basic Weighted Average Shares Outstanding	82.61M	82.61M	83.03M	81.11M	87.12M
Net EPS - Diluted	0	-0.01	0.01	0.01	0.01
Diluted EPS - Continuing Operations	0	-0	-0	0.01	0.01
Diluted Weighted Average Shares Outstanding	86.61M	82.61M	83.03M	82.48M	87.23M
Normalized Basic EPS	0	-0	0	0.01	0.01
Normalized Diluted EPS	0	-0	0	0.01	0.01
Dividend Per Share	0	-	0.01	0.01	0.01
Payout Ratio	491.67	-	-	126.99	76.79
Supplemental Items
EBITDA	2.41M	1.38M	1.38M	2.1M	3.14M
EBITA	947K	343K	889K	1.94M	2.68M
EBIT	658K	66K	605K	1.61M	2.16M
EBITDAR	2.58M	-	-	-	-
Effective Tax Rate - (Ratio)	-104.88	17.71	24.05	27.29	-0.48
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	-	-	-	-10K
Deferred Domestic Taxes	-43K	-	-	-	-
Total Deferred Taxes	-43K	-	-	-	4K
Normalized Net Income	138K	-38.12K	309K	954K	1.07M
Interest on Long-Term Debt	227K	58K	41K	60K	95K
Supplemental Operating Expense Items
Selling and Marketing Expenses	1.25M	554K	761K	787K	1.3M
General and Administrative Expenses	6.97M	2.29M	2.44M	2.89M	7.01M
Research And Development Expense From Footnotes	739K	969K	158K	-	-
Net Rental Expense, Total	171K	-	-	-	-
Imputed Operating Lease Interest Expense	74.9K	-	-	-	-
Imputed Operating Lease Depreciation	96.1K	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	71K	14K	8K	21K	36K
Stock-Based Comp., Other (Total)	-	6K	-	-	-
Total Stock-Based Compensation	71K	20K	8K	21K	36K

Fiscal Period: April	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	-	453K	3.84M	7.59M	4.77M
Total Cash And Short Term Investments	-	453K	3.84M	7.59M	4.77M
Accounts Receivable, Total	4.61M	3.77M	2.51M	2.73M	6.28M
Other Receivables	288K	306K	1.6M	41K	62K
Total Receivables	4.9M	4.07M	4.11M	2.77M	6.34M
Inventory	3.5M	3.37M	1.83M	1.78M	4.32M
Prepaid Expenses	622K	859K	345K	469K	850K
Other Current Assets, Total	-	2.52M	2.5M	-	200K
Total Current Assets	9.03M	11.27M	12.62M	12.61M	16.49M
Gross Property Plant And Equipment	18.64M	18.51M	9.68M	6.1M	24.86M
Accumulated Depreciation	-9.23M	-11.35M	-7.56M	-3.96M	-14.78M
Net Property Plant And Equipment	9.41M	7.16M	2.13M	2.14M	10.08M
Goodwill	5.5M	5.14M	1.94M	1.94M	4.38M
Other Intangibles, Total	1.4M	1.12M	1.24M	916K	2.96M
Total Assets	25.33M	24.7M	17.94M	17.61M	33.91M
Liabilities
Accounts Payable, Total	2.94M	3.05M	1.48M	1.83M	3.74M
Accrued Expenses, Total	872K	702K	539K	955K	2.09M
Short-term Borrowings	3.54M	2.98M	1.35M	1.39M	5.7M
Current Portion of Long-Term Debt	150K	-	-	-	364K
Current Portion of Leases	1.26M	1.19M	459K	416K	970K
Current Income Taxes Payable	-	-	-	-	289K
Other Current Liabilities	24K	1.76M	17K	16K	1.11M
Total Current Liabilities	8.78M	9.68M	3.85M	4.6M	14.25M
Long-Term Debt	1.3M	-	-	-	3.26M
Long-Term Leases	1.96M	2.51M	1.04M	907K	1.5M
Deferred Tax Liability Non Current	368K	398K	315K	391K	1.04M
Total Liabilities	12.42M	12.59M	5.2M	5.9M	20.06M
Common Stock, Total	826K	826K	859K	859K	903K
Additional Paid In Capital	5.29M	5.29M	5.62M	5.62M	-
Retained Earnings	5.23M	4.42M	4.91M	5.17M	12.94M
Treasury Stock	-	-	-218K	-1.01M	-
Comprehensive Income and Other	1.57M	1.57M	1.57M	1.06M	-
Total Common Equity	12.91M	12.11M	12.74M	11.71M	13.85M
Total Equity	12.91M	12.11M	12.74M	11.71M	13.85M
Total Liabilities And Equity	25.33M	24.7M	17.94M	17.61M	33.91M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	82.61M	82.61M	82.95M	83.4M	89.88M
ECS Total Common Shares Outstanding	82.61M	82.61M	84.25M	78.64M	90.28M
Book Value / Share	0.16	0.15	0.15	0.15	0.15
Tangible Book Value	6.02M	5.84M	9.55M	8.85M	6.51M
Tangible Book Value Per Share	0.07	0.07	0.11	0.11	0.07
Total Debt	8.22M	6.68M	2.85M	2.71M	11.8M
Net Debt	8.22M	6.22M	-996K	-4.88M	7.03M
Debt Equivalent Oper. Leases	1.37M	-	-	-	-
Account Code - Inventory Valuation	3	-	3	3	3
Inventories - Raw Materials, Total	1.57M	1.39M	930K	834K	1.28M
Inventories - Work In Process, Total	252K	324K	433K	406K	440K
Inventories - Finished Goods, Total	1.68M	1.65M	465K	541K	2.6M
Land - (BS)	2.52M	-	-	-	3.04M
Buildings, Total	-	-	-	-	-
Machinery, Total	16.12M	12.19M	7.12M	3.6M	17.25M
Full Time Employees	171	-	60	68	186
Accumulated Allowance for Doubtful Accounts (Supple)	34K	41K	24K	42K	77K

Fiscal Period: April	2019	2020	2021	2022	2023
Net Income	84K	-821K	475K	967K	1.26M
Depreciation & Amortization - CF	1.46M	1.71M	1.15M	461K	1.17M
Amortization of Goodwill and Intangible Assets - (CF)	289K	277K	284K	327K	513K
Depreciation & Amortization, Total	1.75M	1.99M	1.44M	788K	1.68M
(Gain) Loss From Sale Of Asset	-23K	-	-	-424K	-
Asset Writedown & Restructuring Costs	-	350K	-	-	-
Stock-Based Compensation (CF)	71K	14K	8K	21K	36K
Net Cash From Discontinued Operations	-	-	-1.13M	-	-
Other Operating Activities, Total	397K	439K	580K	445K	452K
Change In Accounts Receivable	-69K	563K	433K	82K	999K
Change In Inventories	-641K	137K	-382K	47K	1.22M
Change In Accounts Payable	-75K	-87K	422K	761K	-6.77M
Cash from Operations	1.49M	2.58M	1.84M	2.69M	-1.12M
Capital Expenditure	-690K	-322K	-454K	-206K	-2.08M
Sale of Property, Plant, and Equipment	33K	-	-	3.5M	-
Cash Acquisitions	-	-	-937K	-	-4.31M
Divestitures	-	-	7.77M	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Cash from Investing	-657K	-322K	6.38M	3.29M	-6.39M
Short Term Debt Issued, Total	118K	27.56M	24.29M	14.8M	4.31M
Long-Term Debt Issued, Total	350K	58K	-	-	3.5M
Total Debt Issued	468K	27.62M	24.29M	14.8M	7.81M
Short Term Debt Repaid, Total	-	-27.79M	-27.68M	-14.76M	-
Long-Term Debt Repaid, Total	-952K	-1.18M	-893K	-171K	-1.68M
Total Debt Repaid	-952K	-28.97M	-28.57M	-14.93M	-1.68M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-218K	-790K	-
Common Dividends Paid	-413K	-	-	-1.23M	-966K
Common & Preferred Stock Dividends Paid	-413K	-	-	-1.23M	-966K
Other Financing Activities, Total	-438K	-439K	-329K	-82K	-458K
Cash from Financing	-1.34M	-1.78M	-4.83M	-2.24M	4.7M
Net Change in Cash	-498K	480K	3.39M	3.75M	-2.82M
Supplemental Items
Cash Interest Paid	438K	439K	329K	82K	458K
Cash Income Tax Paid (Refund)	-2K	-	-299K	-	-
Levered Free Cash Flow	484K	1.54M	-137K	6.08M	-1.57M
Unlevered Free Cash Flow	757K	1.62M	-67.88K	6.13M	-1.29M
Change In Net Working Capital	785K	113K	1.44M	-4.52M	2.28M
Net Debt Issued / Repaid	-484K	-1.34M	-4.28M	-135K	6.12M

Fiscal Period: April	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.63	0.16	1.77	5.66	5.25
Return on Total Capital	1.95	0.21	2.2	6.7	6.75
Return On Equity %	0.64	-3.05	-1.93	7.91	9.85
Return on Common Equity	0.64	-3.05	-1.93	7.91	9.85
Margin Analysis
Gross Profit Margin %	35.87	33.43	35.48	36.74	29.75
SG&A Margin	33.21	32.67	29.83	25.56	23.6
EBITDA Margin %	9.74	15.8	12.84	14.6	8.92
EBITA Margin %	3.83	3.94	8.3	13.45	7.6
EBIT Margin %	2.66	0.76	5.65	11.18	6.14
Income From Continuing Operations Margin %	0.34	-4.38	-2.24	6.72	3.57
Net Income Margin %	0.34	-9.43	4.43	6.72	3.57
Net Avail. For Common Margin %	0.34	-4.38	-2.24	6.72	3.57
Normalized Net Income Margin	0.56	-0.44	2.88	6.63	3.03
Levered Free Cash Flow Margin	1.95	17.66	-1.28	42.26	-4.47
Unlevered Free Cash Flow Margin	3.06	18.57	-0.63	42.61	-3.65
Asset Turnover
Asset Turnover	0.98	0.35	0.5	0.81	1.37
Fixed Assets Turnover	2.64	1.05	2.31	6.74	5.76
Receivables Turnover (Average Receivables)	5.22	2.08	3.41	5.49	7.82
Inventory Turnover (Average Inventory)	4.98	1.69	2.66	5.05	8.11
Short Term Liquidity
Current Ratio	1.03	1.16	3.28	2.74	1.16
Quick Ratio	0.56	0.47	2.06	2.25	0.78
Operating Cash Flow to Current Liabilities	0.17	0.27	0.48	0.58	-0.08
Days Sales Outstanding (Average Receivables)	69.91	176.14	106.95	66.45	46.68
Days Outstanding Inventory (Average Inventory)	73.28	217.08	137.17	72.35	45.01
Average Days Payable Outstanding	66.54	193.61	153.87	66.76	37.22
Cash Conversion Cycle (Average Days)	76.65	199.61	90.26	72.04	54.46
Long Term Solvency
Total Debt/Equity	63.64	55.16	22.35	23.17	85.22
Total Debt / Total Capital	38.89	35.55	18.27	18.81	46.01
LT Debt/Equity	25.31	20.73	8.13	7.75	34.43
Long-Term Debt / Total Capital	15.47	13.36	6.64	6.29	18.59
Total Liabilities / Total Assets	49.03	50.98	28.99	33.52	59.16
EBIT / Interest Expense	1.5	0.52	5.45	19.62	4.72
EBITDA / Interest Expense	5.5	16.19	18.4	29.23	8.4
(EBITDA - Capex) / Interest Expense	3.92	13.65	14.31	26.72	3.86
Total Debt / EBITDA	3.41	3.25	1.39	1.13	3.07
Net Debt / EBITDA	3.41	3.03	-0.49	-2.03	1.83
Total Debt / (EBITDA - Capex)	4.78	3.85	1.79	1.24	6.68
Net Debt / (EBITDA - Capex)	4.78	3.59	-0.63	-2.23	3.98
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %