Cash flow K&S Corporation Limited

Equities

KSC

AU000000KSC0

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Delayed Australian S.E. Other stock markets 01:18:28 2024-09-11 am EDT			5-day change	1st Jan Change
3.460 ^AUD	-4.95%		-1.14%	+35.69%

Aug. 27	K&S Corporation Limited Reports Earnings Results for the Full Year Ended June 30, 2024	CI
Aug. 27	K&S Corporation Limited Declares Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on 4 November 2024	CI

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Published financial data: K&S CORPORATION LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Revenues	791M	689M	776M	849M	825M
Other Revenues, Total	3.9M	3.41M	-	-	-
Total Revenues	795M	692M	776M	849M	825M
Cost of Goods Sold, Total	691M	587M	671M	717M	696M
Gross Profit	103M	105M	106M	132M	129M
Selling General & Admin Expenses, Total	-	-	-	-	-
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	56.02M	52.42M	45.86M	46.07M	42.74M
Other Operating Expenses	24.02M	36.24M	41.44M	50.9M	49.98M
Other Operating Expenses, Total	80.04M	88.66M	87.3M	96.98M	92.72M
Operating Income	23.05M	16.46M	18.34M	35.26M	36.2M
Interest Expense, Total	-10.32M	-3.38M	-2.69M	-3.37M	-3.56M
Net Interest Expenses	-10.32M	-3.38M	-2.69M	-3.37M	-3.56M
Income (Loss) On Equity Invest.	-73K	-	-	-	-
Other Non Operating Income (Expenses)	-	16.24M	4.43M	2.47M	3.61M
EBT, Excl. Unusual Items	12.66M	29.32M	20.08M	34.37M	36.25M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	3.44M	2.94M	4.63M	6.31M	5.09M
Asset Writedown	-	-4.73M	-562K	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	16.09M	27.54M	24.15M	40.68M	41.35M
Income Tax Expense	4.85M	9.42M	6.73M	12.05M	10.12M
Earnings From Continuing Operations	11.24M	18.12M	17.42M	28.63M	31.22M
Net Income to Company	11.24M	18.12M	17.42M	28.63M	31.22M
Net Income - (IS)	11.24M	18.12M	17.42M	28.63M	31.22M
Net Income to Common Incl Extra Items	11.24M	18.12M	17.42M	28.63M	31.22M
Net Income to Common Excl. Extra Items	11.24M	18.12M	17.42M	28.63M	31.22M
Per Share Items
Net EPS - Basic	0.09	0.14	0.13	0.21	0.23
Basic EPS - Continuing Operations	0.09	0.14	0.13	0.21	0.23
Basic Weighted Average Shares Outstanding	126M	129M	130M	135M	137M
Net EPS - Diluted	0.09	0.14	0.13	0.21	0.23
Diluted EPS - Continuing Operations	0.09	0.14	0.13	0.21	0.23
Diluted Weighted Average Shares Outstanding	126M	129M	130M	135M	137M
Normalized Basic EPS	0.06	0.14	0.1	0.16	0.17
Normalized Diluted EPS	0.06	0.14	0.1	0.16	0.17
Dividend Per Share	0.05	0.06	0.1	0.18	0.18
Payout Ratio	3.03	42.64	6.85	50.59	78.89
Supplemental Items
EBITDA	66.87M	59.73M	55.72M	74.2M	72.83M
EBITA	23.05M	16.46M	18.34M	35.26M	36.2M
EBIT	23.05M	16.46M	18.34M	35.26M	36.2M
EBITDAR	79.77M	66.98M	66.61M	84.01M	82.4M
Total Revenues (As Reported)	812M	711M	784M	858M	834M
Effective Tax Rate - (Ratio)	30.16	34.2	27.85	29.62	24.48
Total Current Taxes	2.68M	3.66M	2.05M	3.53M	16.51M
Total Deferred Taxes	2.17M	5.76M	4.68M	8.52M	-6.38M
Normalized Net Income	7.91M	18.33M	12.55M	21.48M	22.66M
Interest on Long-Term Debt	10.32M	3.38M	2.69M	3.37M	3.56M
Non-Cash Pension Expense	366K	873K	1.79M	2.15M	1.88M
Supplemental Operating Expense Items
Net Rental Expense, Total	12.9M	7.25M	10.9M	9.81M	9.57M
Imputed Operating Lease Interest Expense	8.14M	2.14M	3.52M	4.48M	4.52M
Imputed Operating Lease Depreciation	4.76M	5.11M	7.38M	5.33M	5.05M

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	17.24M	22.46M	27.35M	39.54M	33.44M
Total Cash And Short Term Investments	17.24M	22.46M	27.35M	39.54M	33.44M
Accounts Receivable, Total	86.57M	79.56M	102M	79.58M	83.88M
Other Receivables	15.55M	14.62M	12.23M	10.45M	5.05M
Total Receivables	102M	94.18M	115M	90.03M	88.94M
Inventory	5.65M	5.88M	9.27M	7.4M	7.69M
Prepaid Expenses	9.54M	9.8M	9.72M	10.33M	11.46M
Other Current Assets, Total	2.9M	3.49M	2.16M	3.67M	1.61M
Total Current Assets	137M	136M	163M	151M	143M
Gross Property Plant And Equipment	752M	710M	772M	804M	863M
Accumulated Depreciation	-349M	-340M	-356M	-364M	-360M
Net Property Plant And Equipment	402M	370M	416M	440M	503M
Long-term Investments	-	-	-	-	-
Goodwill	6.18M	6.16M	5.97M	6.08M	6.05M
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	13.1M	11.61M	14.1M	15.28M	-
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	4.41M	2.73M	2.75M	358K	229K
Total Assets	563M	526M	602M	612M	652M
Liabilities
Accounts Payable, Total	96.31M	84.05M	111M	103M	101M
Accrued Expenses, Total	28.94M	28.26M	26.71M	26.9M	28.05M
Current Portion of Leases	7.69M	7.92M	6.56M	5.31M	3.28M
Current Income Taxes Payable	2.08M	1.49M	1.5M	2.06M	5.45M
Other Current Liabilities	405K	205K	-	6.53M	3.97M
Total Current Liabilities	135M	122M	146M	143M	142M
Long-Term Debt	86.84M	49.03M	48.71M	39.09M	57.21M
Long-Term Leases	18.92M	12.49M	8.66M	9.84M	5.73M
Pension & Other Post Retirement Benefits	5.66M	5.93M	6.79M	6.15M	6.04M
Deferred Tax Liability Non Current	45.96M	51.32M	68.38M	78.09M	68.37M
Other Non Current Liabilities	15.16M	16.42M	16.54M	14.16M	17.02M
Total Liabilities	308M	257M	295M	291M	296M
Common Stock, Total	165M	165M	174M	180M	180M
Retained Earnings	27.57M	39.49M	46.51M	54.75M	61.34M
Comprehensive Income and Other	63.18M	64.61M	86.65M	87.3M	115M
Total Common Equity	255M	269M	307M	322M	356M
Total Equity	255M	269M	307M	322M	356M
Total Liabilities And Equity	563M	526M	602M	612M	652M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	129M	129M	134M	137M	137M
ECS Total Common Shares Outstanding	129M	129M	134M	137M	137M
Book Value / Share	1.98	2.09	2.29	2.35	2.6
Tangible Book Value	249M	263M	301M	316M	350M
Tangible Book Value Per Share	1.93	2.04	2.24	2.31	2.56
Total Debt	113M	69.44M	63.93M	54.24M	66.23M
Net Debt	96.21M	46.98M	36.58M	14.71M	32.79M
Debt Equivalent Oper. Leases	103M	58.02M	87.16M	78.51M	76.53M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Finished Goods, Total	-	-	-	-	-
Land - (BS)	161M	117M	161M	161M	223M
Buildings, Total	-	73.37M	91.66M	92.29M	94.61M
Machinery, Total	553M	481M	488M	519M	523M
Full Time Employees	2.16K	1.97K	1.94K	2.14K	2.08K
Accumulated Allowance for Doubtful Accounts (Supple)	1.7M	584K	936K	847K	1.82M

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	11.24M	18.12M	17.42M	28.63M	31.22M
Depreciation & Amortization - CF	56.02M	52.42M	45.86M	46.07M	42.74M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	56.02M	52.42M	45.86M	46.07M	42.74M
Amortization of Deferred Charges, Total - (CF)	-	-	-	336K	370K
(Gain) Loss From Sale Of Asset	-3.39M	-2.94M	-4.63M	-6.31M	-5.09M
Asset Writedown & Restructuring Costs	-	4.73M	562K	-	-
(Income) Loss On Equity Investments - (CF)	73K	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	1.5M	-5.3M	-12.18M	3.9M	958K
Change In Accounts Receivable	14.91M	7.94M	-20.48M	27.02M	1.23M
Change In Inventories	493K	-231K	-3.39M	1.86M	-289K
Change In Accounts Payable	-256K	-12.26M	26.9M	-8.41M	-1.25M
Change In Income Taxes	483K	-545K	-15K	560K	3.39M
Change In Deferred Taxes	2.06M	13.79M	14.57M	8.54M	-6.37M
Change in Other Net Operating Assets	-49K	-261K	76K	-608K	-1.12M
Cash from Operations	83.07M	75.45M	64.7M	102M	65.78M
Capital Expenditure	-19.94M	-34.29M	-59.83M	-67.85M	-68.54M
Sale of Property, Plant, and Equipment	12.45M	19.35M	10.54M	10.73M	9.93M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	349K	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-7.14M	-14.94M	-49.29M	-57.13M	-58.62M
Long-Term Debt Issued, Total	177M	-	90.6M	-	51.59M
Total Debt Issued	177M	-	90.6M	-	51.59M
Long-Term Debt Repaid, Total	-251M	-47.56M	-99.84M	-17.85M	-40.21M
Total Debt Repaid	-251M	-47.56M	-99.84M	-17.85M	-40.21M
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-341K	-7.73M	-	-14.48M	-24.63M
Common & Preferred Stock Dividends Paid	-	-	-1.19M	-	-
Common & Preferred Stock Dividends Paid	-341K	-7.73M	-1.19M	-14.48M	-24.63M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-75.24M	-55.29M	-10.43M	-32.33M	-13.26M
Foreign Exchange Rate Adjustments	-22K	-1K	-88K	57K	-8K
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	673K	5.22M	4.89M	12.18M	-6.1M
Supplemental Items
Cash Interest Paid	11.29M	3.02M	3.32M	2.83M	4.21M
Cash Income Tax Paid (Refund)	2.25M	4.49M	2.31M	2.96M	13.2M
Levered Free Cash Flow	53.79M	19.48M	-1.49M	21.73M	-2.56M
Unlevered Free Cash Flow	60.24M	21.59M	196K	23.5M	-705K
Change In Net Working Capital	-9.75M	6.84M	-2.7M	-23.24M	-2.47M
Net Debt Issued / Repaid	-74.9M	-47.56M	-9.24M	-17.85M	11.38M

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.52	1.93	2.03	3.63	3.62
Return on Total Capital	3.8	2.98	3.23	5.9	5.67
Return On Equity %	4.53	7.14	6.05	9.11	9.22
Return on Common Equity	4.53	7.14	6.05	9.11	9.22
Margin Analysis
Gross Profit Margin %	12.97	15.19	13.61	15.58	15.64
SG&A Margin	-	-	-	-	-
EBITDA Margin %	8.42	8.63	7.18	8.74	8.83
EBITA Margin %	2.9	2.38	2.36	4.15	4.39
EBIT Margin %	2.9	2.38	2.36	4.15	4.39
Income From Continuing Operations Margin %	1.41	2.62	2.24	3.37	3.79
Net Income Margin %	1.41	2.62	2.24	3.37	3.79
Net Avail. For Common Margin %	1.41	2.62	2.24	3.37	3.79
Normalized Net Income Margin	1	2.65	1.62	2.53	2.75
Levered Free Cash Flow Margin	6.77	2.81	-0.19	2.56	-0.31
Unlevered Free Cash Flow Margin	7.58	3.12	0.03	2.77	-0.09
Asset Turnover
Asset Turnover	1.39	1.3	1.38	1.4	1.32
Fixed Assets Turnover	1.97	1.85	1.98	1.98	1.75
Receivables Turnover (Average Receivables)	8.16	8.29	8.53	9.33	10.09
Inventory Turnover (Average Inventory)	117.29	101.8	88.54	85.99	92.16
Short Term Liquidity
Current Ratio	1.01	1.11	1.12	1.05	1.01
Quick Ratio	0.88	0.96	0.97	0.9	0.86
Operating Cash Flow to Current Liabilities	0.61	0.62	0.44	0.71	0.46
Days Sales Outstanding (Average Receivables)	44.86	44.03	42.79	39.13	36.28
Days Outstanding Inventory (Average Inventory)	3.12	3.59	4.12	4.24	3.97
Average Days Payable Outstanding	50.91	56.07	52.81	54.51	53.6
Cash Conversion Cycle (Average Days)	-2.94	-8.45	-5.9	-11.14	-13.35
Long Term Solvency
Total Debt/Equity	44.43	25.84	20.83	16.86	18.61
Total Debt / Total Capital	30.76	20.53	17.24	14.43	15.69
LT Debt/Equity	41.41	22.89	18.69	15.21	17.68
Long-Term Debt / Total Capital	28.68	18.19	15.47	13.02	14.91
Total Liabilities / Total Assets	54.67	48.9	48.99	47.47