Shyft Financial Statements From 2010 to 2024

SHYF Stock  USD 14.10  0.16  1.12%   
Shyft financial statements provide useful quarterly and yearly information to potential Shyft Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Shyft financial statements helps investors assess Shyft's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Shyft's valuation are summarized below:
Gross Profit
180.4 M
Profit Margin
(0)
Market Capitalization
491.9 M
Enterprise Value Revenue
0.8249
Revenue
787.1 M
There are over one hundred nineteen available fundamental trend indicators for Shyft Group, which can be analyzed over time and compared to other ratios. Active traders should verify all of Shyft Group current fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. The Shyft's current Market Cap is estimated to increase to about 603.4 M. The Shyft's current Enterprise Value is estimated to increase to about 707.4 M

Shyft Total Revenue

915.81 Million

Check Shyft financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shyft's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.8 M, Interest Expense of 6.2 M or Total Revenue of 915.8 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0107 or PTB Ratio of 2.74. Shyft financial statements analysis is a perfect complement when working with Shyft Valuation or Volatility modules.
  
Check out the analysis of Shyft Correlation against competitors.

Shyft Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets556.6 M530 M336.4 M
Slightly volatile
Short and Long Term Debt Total139 M132.4 M48.8 M
Slightly volatile
Other Current Liabilities23 M21.9 M30.7 M
Pretty Stable
Total Current Liabilities192 M182.8 M107.1 M
Slightly volatile
Total Stockholder Equity264.8 M252.2 M185.9 M
Slightly volatile
Property Plant And Equipment Net135.7 M129.3 M73.1 M
Slightly volatile
Retained Earnings166.4 M158.5 M107.8 M
Slightly volatile
Cash14.8 M10 M23.5 M
Pretty Stable
Non Current Assets Total255.3 M243.1 M137.7 M
Slightly volatile
Cash And Short Term Investments14.9 M10 M23.5 M
Pretty Stable
Net Receivables172.6 M164.4 M92 M
Slightly volatile
Common Stock Shares Outstanding35.1 M34.9 M34.2 M
Slightly volatile
Liabilities And Stockholders Equity556.6 M530 M336.4 M
Slightly volatile
Non Current Liabilities Total99.8 M95.1 M43.6 M
Slightly volatile
Inventory110.4 M105.1 M69.7 M
Slightly volatile
Other Current Assets8.4 M7.5 M5.6 M
Slightly volatile
Other Stockholder Equity110.3 K116.2 K85.7 M
Slightly volatile
Total Liabilities291.8 M277.9 M150.7 M
Slightly volatile
Property Plant And Equipment Gross215 M204.8 M79.9 M
Slightly volatile
Total Current Assets301.3 M286.9 M198.7 M
Slightly volatile
Short Term Debt53.5 M56.3 M14.2 M
Slightly volatile
Accounts Payable104.8 M99.9 M52.6 M
Slightly volatile
Intangible Assets47.5 M45.3 M25.5 M
Slightly volatile
Current Deferred Revenue4.5 M4.8 M260.1 M
Slightly volatile
Common Stock Total Equity112.3 M106.9 M33.5 M
Slightly volatile
Common Stock98.4 M93.7 M31.6 M
Slightly volatile
Good Will41.8 M44 M29.9 M
Slightly volatile
Short Term Investments1.9 M2.3 MM
Slightly volatile
Other Assets22.9 M14.5 M14.5 M
Slightly volatile
Long Term Debt32.7 M50.1 M21.8 M
Slightly volatile
Long Term Debt Total67.9 M64.7 M25.1 M
Slightly volatile
Capital Surpluse88.2 M97.9 M81.7 M
Slightly volatile
Property Plant Equipment72.1 M81.4 M61 M
Slightly volatile
Other Liabilities6.3 M11.5 M4.9 M
Slightly volatile
Net Tangible Assets153.4 M252.4 M144.6 M
Slightly volatile
Short and Long Term Debt36.4 M34.7 M7.8 M
Slightly volatile
Non Current Liabilities Other11.7 M8.2 M7.5 M
Slightly volatile
Net Invested Capital292 M337 M230.6 M
Slightly volatile
Net Working Capital110.1 M104.1 M95.6 M
Slightly volatile
Capital Stock68.5 M93.7 M29.7 M
Slightly volatile
Capital Lease Obligations49.2 M47.5 M37.6 M
Slightly volatile
Retained Earnings Total Equity167.3 M202 M127.9 M
Slightly volatile

Shyft Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization17.8 M17 M10.6 M
Slightly volatile
Interest Expense6.2 M6.5 M1.5 M
Slightly volatile
Total Revenue915.8 M872.2 M652.5 M
Slightly volatile
Gross Profit157.9 M150.4 M99.7 M
Slightly volatile
Other Operating Expenses908.7 M865.4 M634.1 M
Slightly volatile
Cost Of Revenue362.1 M721.8 M526.4 M
Slightly volatile
Total Operating Expenses150.8 M143.6 M81.3 M
Slightly volatile
Research Development26.4 M25.2 M11.5 M
Slightly volatile
Interest IncomeM968.3 K653.1 K
Slightly volatile
Selling General Administrative90.2 M118.4 M72.8 M
Slightly volatile
Net Income From Continuing Ops6.1 M6.5 M19 M
Slightly volatile
Reconciled Depreciation13.9 M17 M11.5 M
Slightly volatile

Shyft Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation17.8 M17 M10.6 M
Slightly volatile
End Period Cash Flow16.1 M10 M23.6 M
Pretty Stable
Begin Period Cash Flow15.6 M11.5 M23.9 M
Pretty Stable
Dividends Paid7.5 M7.1 MM
Slightly volatile
Stock Based Compensation7.4 M7.8 M4.1 M
Slightly volatile
Other Cashflows From Investing Activities161.7 K170.2 K12.8 M
Pretty Stable
Change To Netincome3.2 M3.4 M13.6 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.720.48650.6799
Slightly volatile
Dividend Yield0.01070.01680.0132
Slightly volatile
PTB Ratio2.741.68262.4554
Slightly volatile
Days Sales Outstanding53.2568.787746.5131
Slightly volatile
Book Value Per Share7.637.26265.3737
Slightly volatile
Average Payables16.5 M23.2 M24.3 M
Very volatile
Stock Based Compensation To Revenue0.00850.0090.1102
Slightly volatile
Capex To Depreciation2.051.2231.2275
Very volatile
PB Ratio2.741.68262.4554
Slightly volatile
EV To Sales0.760.62680.6975
Slightly volatile
Inventory Turnover5.356.86587.8041
Slightly volatile
Days Of Inventory On Hand66.2153.161751.3124
Slightly volatile
Payables Turnover6.877.228913.3077
Slightly volatile
Average Inventory44.3 M73.2 M74.7 M
Very volatile
Research And Ddevelopement To Revenue0.02440.02890.0173
Pretty Stable
Capex To Revenue0.01890.02380.0168
Pretty Stable
Cash Per Share0.330.28680.6765
Pretty Stable
Days Payables Outstanding53.0250.491931.3041
Slightly volatile
Intangibles To Total Assets0.190.17760.148
Slightly volatile
Current Ratio2.841.56942.2258
Slightly volatile
Tangible Book Value Per Share4.784.55113.7715
Slightly volatile
Receivables Turnover6.375.30628.3312
Slightly volatile
Graham Number3.75.52926.6655
Slightly volatile
Shareholders Equity Per Share7.637.26265.3799
Slightly volatile
Debt To Equity0.390.52490.2162
Slightly volatile
Capex Per Share0.630.59710.3256
Slightly volatile
Average Receivables56.9 M94 M96.1 M
Very volatile
Revenue Per Share26.3825.120218.8293
Slightly volatile
Interest Debt Per Share4.24.00031.3571
Slightly volatile
Debt To Assets0.170.24970.1065
Slightly volatile
Operating Cycle11912297.8255
Pretty Stable
Price Book Value Ratio2.741.68262.4554
Slightly volatile
Days Of Payables Outstanding53.0250.491931.3041
Slightly volatile
Ebt Per Ebit0.09790.10310.8947
Slightly volatile
Company Equity Multiplier2.062.1021.7647
Slightly volatile
Long Term Debt To Capitalization0.190.25620.1289
Slightly volatile
Total Debt To Capitalization0.230.34420.1516
Slightly volatile
Debt Equity Ratio0.390.52490.2162
Slightly volatile
Quick Ratio1.650.99431.3021
Pretty Stable
Cash Ratio0.05170.05450.2881
Slightly volatile
Cash Conversion Cycle92.471.457669.5763
Slightly volatile
Days Of Inventory Outstanding66.2153.161751.3124
Slightly volatile
Days Of Sales Outstanding53.2568.787746.5131
Slightly volatile
Price To Book Ratio2.741.68262.4554
Slightly volatile
Fixed Asset Turnover6.416.74749.922
Slightly volatile
Debt Ratio0.170.24970.1065
Slightly volatile
Price Sales Ratio0.720.48650.6799
Slightly volatile
Asset Turnover2.451.64552.0558
Very volatile
Gross Profit Margin0.180.17240.1506
Slightly volatile
Price Fair Value2.741.68262.4554
Slightly volatile

Shyft Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap603.4 M574.7 M378.5 M
Slightly volatile
Enterprise Value707.4 M673.8 M415.8 M
Slightly volatile

Shyft Fundamental Market Drivers

Forward Price Earnings22.0264
Cash And Short Term Investments10 M

Shyft Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Shyft Financial Statements

Shyft stakeholders use historical fundamental indicators, such as Shyft's revenue or net income, to determine how well the company is positioned to perform in the future. Although Shyft investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shyft's assets and liabilities are reflected in the revenues and expenses on Shyft's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shyft Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue4.8 M4.5 M
Total Revenue872.2 M915.8 M
Cost Of Revenue721.8 M362.1 M
Stock Based Compensation To Revenue 0.01  0.01 
Research And Ddevelopement To Revenue 0.03  0.02 
Capex To Revenue 0.02  0.02 
Revenue Per Share 25.12  26.38 
Ebit Per Revenue 0.01  0.01 

Currently Active Assets on Macroaxis

When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:
Check out the analysis of Shyft Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shyft. If investors know Shyft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Dividend Share
0.2
Earnings Share
(0.10)
Revenue Per Share
22.898
Quarterly Revenue Growth
(0.04)
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shyft's market value can be influenced by many factors that don't directly affect Shyft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.