Cash flow Kulicke and Soffa Industries, Inc.

Equities

KLIC

US5012421013

Semiconductor Equipment & Testing

Market Closed - Nasdaq Other stock markets 04:00:00 2024-12-12 pm EST			5-day change	1st Jan Change
49.43 ^USD	-0.34%		+2.68%	-9.67%

Dec. 11	Kulicke & Soffa Industries Insider Sold Shares Worth $1,443,306, According to a Recent SEC Filing	MT
Dec. 09	Kulicke & Soffa Industries Insider Sold Shares Worth $3,863,496, According to a Recent SEC Filing	MT

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Published financial data: KULICKE AND SOFFA INDUSTRIES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020	2021	2022	2023	2024
Revenues	623M	1.52B	1.5B	742M	706M
Total Revenues	623M	1.52B	1.5B	742M	706M
Cost of Goods Sold, Total	325M	821M	755M	384M	377M
Gross Profit	298M	697M	748M	359M	329M
Selling General & Admin Expenses, Total	121M	145M	141M	153M	160M
R&D Expenses	123M	137M	137M	145M	151M
Other Operating Expenses, Total	244M	283M	278M	298M	312M
Operating Income	54.01M	414M	470M	60.97M	17.34M
Interest Expense, Total	-1.72M	-218K	-208K	-142K	-89K
Interest And Investment Income	7.54M	2.32M	7.12M	32.91M	34.23M
Net Interest Expenses	5.82M	2.1M	6.92M	32.76M	34.14M
Income (Loss) On Equity Invest.	-36K	-94K	-	-	-
EBT, Excl. Unusual Items	59.8M	416M	477M	93.74M	51.48M
Restructuring Charges	-	-	-	-	-110M
Merger & Related Restructuring Charges	-	-1.7M	-	-	-
Impairment of Goodwill	-	-	-	-	-
Asset Writedown	-	-	-	-21.54M	-
Other Unusual Items	4.5M	-	-	-	-
EBT, Incl. Unusual Items	64.3M	414M	477M	72.2M	-58.36M
Income Tax Expense	12M	47.3M	43.44M	15.05M	10.65M
Earnings From Continuing Operations	52.3M	367M	434M	57.15M	-69.01M
Net Income to Company	52.3M	367M	434M	57.15M	-69.01M
Net Income - (IS)	52.3M	367M	434M	57.15M	-69.01M
Net Income to Common Incl Extra Items	52.3M	367M	434M	57.15M	-69.01M
Net Income to Common Excl. Extra Items	52.3M	367M	434M	57.15M	-69.01M
Per Share Items
Net EPS - Basic	0.83	5.92	7.21	1.01	-1.24
Basic EPS - Continuing Operations	0.83	5.92	7.21	1.01	-1.24
Basic Weighted Average Shares Outstanding	62.83M	62.01M	60.16M	56.68M	55.61M
Net EPS - Diluted	0.83	5.78	7.09	0.99	-1.24
Diluted EPS - Continuing Operations	0.83	5.78	7.09	0.99	-1.24
Diluted Weighted Average Shares Outstanding	63.36M	63.52M	61.18M	57.55M	55.61M
Normalized Basic EPS	0.59	4.19	4.96	1.03	0.58
Normalized Diluted EPS	0.59	4.1	4.87	1.02	0.58
Dividend Per Share	0.48	0.56	0.68	0.76	0.8
Payout Ratio	57.81	9.11	9.08	73.56	-64
Supplemental Items
EBITDA	73.75M	434M	491M	89.83M	42.08M
EBITA	61.38M	420M	475M	67.07M	22.53M
EBIT	54.01M	414M	470M	60.97M	17.34M
EBITDAR	80.69M	442M	500M	101M	52.09M
Effective Tax Rate - (Ratio)	18.66	11.41	9.11	20.85	-18.25
Current Domestic Taxes	-	-	-	10.28M	-1.65M
Current Foreign Taxes	-	-	-	8.83M	2.62M
Total Current Taxes	11.73M	57.6M	52.67M	19.11M	967K
Deferred Domestic Taxes	-	-	-	1.3M	101K
Deferred Foreign Taxes	-	-	-	-5.36M	9.58M
Total Deferred Taxes	272K	-10.3M	-9.23M	-4.06M	9.68M
Normalized Net Income	37.37M	260M	298M	58.58M	32.18M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	123M	137M	137M	152M	151M
Net Rental Expense, Total	6.94M	7.63M	8.62M	10.75M	10.02M
Imputed Operating Lease Interest Expense	1.92M	396K	339K	271K	160K
Imputed Operating Lease Depreciation	5.02M	7.23M	8.29M	10.48M	9.86M
Stock-Based Comp., COGS (Total)	744K	828K	960K	1.19M	1.28M
Stock-Based Comp., R&D Exp. (Total)	3.2M	3.68M	4.12M	5.31M	7.09M
Stock-Based Comp., SG&A Exp. (Total)	11.07M	11M	13.91M	16.24M	18.52M
Total Stock-Based Compensation	15.02M	15.5M	18.99M	22.74M	26.89M

Fiscal Period: September	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	188M	363M	556M	529M	227M
Short Term Investments	342M	377M	220M	230M	350M
Total Cash And Short Term Investments	530M	740M	776M	759M	577M
Accounts Receivable, Total	199M	421M	336M	169M	194M
Total Receivables	199M	421M	336M	169M	194M
Inventory	112M	167M	185M	217M	178M
Prepaid Expenses	19.06M	23.59M	35.88M	43.57M	44.64M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	557K	-	-	-	1.52M
Total Current Assets	860M	1.35B	1.33B	1.19B	995M
Gross Property Plant And Equipment	197M	236M	253M	300M	260M
Accumulated Depreciation	-116M	-126M	-130M	-142M	-160M
Net Property Plant And Equipment	81.84M	110M	123M	157M	101M
Long-term Investments	7.54M	6.39M	5.4M	716K	3.14M
Goodwill	56.7M	72.95M	68.1M	88.67M	89.75M
Other Intangibles, Total	37.97M	42.75M	31.94M	29.36M	25.24M
Deferred Tax Assets Long-Term	8.15M	15.72M	25.57M	31.55M	17.9M
Other Long-Term Assets, Total	2.19M	2.36M	2.87M	3.22M	8.43M
Total Assets	1.05B	1.6B	1.59B	1.5B	1.24B
Liabilities
Accounts Payable, Total	57.69M	155M	67.31M	49.3M	58.85M
Accrued Expenses, Total	40.4M	72.75M	55.32M	37.19M	36M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	5.9M	4.9M	6.77M	6.57M	7.72M
Current Income Taxes Payable	17.54M	30.77M	40.06M	22.67M	26.43M
Other Current Liabilities	36.36M	88.82M	79.22M	65.82M	54.8M
Total Current Liabilities	158M	352M	249M	182M	184M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	18.32M	38.08M	34.93M	41.84M	33.24M
Deferred Tax Liability Non Current	33M	32.83M	34.04M	37.26M	34.59M
Other Non Current Liabilities	87.35M	83.61M	76.3M	64.56M	44.52M
Total Liabilities	297M	506M	394M	325M	296M
Common Stock, Total	539M	550M	562M	578M	597M
Retained Earnings	616M	949M	1.34B	1.36B	1.24B
Treasury Stock	-395M	-400M	-676M	-737M	-882M
Comprehensive Income and Other	-2.52M	-3.02M	-32.9M	-21.76M	-13.42M
Total Common Equity	758M	1.1B	1.19B	1.17B	944M
Total Equity	758M	1.1B	1.19B	1.17B	944M
Total Liabilities And Equity	1.05B	1.6B	1.59B	1.5B	1.24B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	62.03M	62.42M	57.02M	56.72M	53.87M
ECS Total Common Shares Outstanding	61.56M	61.93M	57.13M	56.31M	53.85M
Book Value / Share	12.31	17.68	20.91	20.86	17.53
Tangible Book Value	663M	980M	1.09B	1.06B	829M
Tangible Book Value Per Share	10.78	15.82	19.16	18.76	15.39
Total Debt	24.23M	42.99M	41.69M	48.41M	40.96M
Net Debt	-506M	-697M	-734M	-711M	-536M
Debt Equivalent of Unfunded Proj. Benefit Obligation	4.9M	4.98M	2.23M	2.38M	5.1M
Debt Equivalent Oper. Leases	55.54M	61.03M	69M	85.97M	80.12M
Equity Method Investments, Total	1.21M	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	60.2M	94.49M	119M	115M	113M
Inventories - Work In Process, Total	39.75M	55.87M	40.11M	74.56M	43.02M
Inventories - Finished Goods, Total	43.02M	40.01M	45.28M	49.21M	53.38M
Land - (BS)	2.18M	2.18M	2.18M	2.18M	2.18M
Buildings, Total	22.83M	23.31M	22.78M	23.1M	23.95M
Machinery, Total	119M	129M	128M	133M	145M
Full Time Employees	2.54K	2.85K	2.94K	2.88K	2.68K
Accumulated Allowance for Doubtful Accounts (Supple)	968K	687K	-	49K	49K
Order Backlog	128M	787M	510M	424M	149M

Fiscal Period: September	2020	2021	2022	2023	2024
Net Income	52.3M	367M	434M	57.15M	-69.01M
Depreciation & Amortization - CF	12.37M	13.84M	16.38M	22.76M	19.55M
Amortization of Goodwill and Intangible Assets - (CF)	7.37M	5.97M	4.92M	6.1M	5.19M
Depreciation & Amortization, Total	19.74M	19.81M	21.29M	28.86M	24.74M
(Gain) Loss From Sale Of Asset	953K	259K	-253K	-499K	72K
(Gain) Loss on Sale of Investments - (CF)	-	-1.05M	-	323K	-47K
Asset Writedown & Restructuring Costs	-	-	1.35M	21.54M	44.47M
(Income) Loss On Equity Investments - (CF)	36K	94K	-	-	-
Stock-Based Compensation (CF)	15.02M	15.49M	18.99M	22.74M	26.89M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	371K	-248K	-245K	49K	-
Other Operating Activities, Total	-1.2M	-13.16M	-18.54M	821K	83.13M
Change In Accounts Receivable	-1.93M	-222M	113M	153M	-34.71M
Change In Inventories	-26.19M	-52.72M	-14.92M	-35.76M	-31.51M
Change In Accounts Payable	38.15M	182M	-129M	-52.33M	185K
Change In Income Taxes	-291K	7.69M	4.95M	-29.31M	-17.67M
Change in Other Net Operating Assets	-2.54M	-3.33M	-40.57M	7.16M	4.49M
Cash from Operations	94.41M	300M	390M	173M	31.04M
Capital Expenditure	-11.72M	-22.78M	-22.98M	-44.41M	-16.15M
Sale of Property, Plant, and Equipment	50K	291K	181K	591K	27K
Cash Acquisitions	-	-26.34M	-	-36.88M	-
Investment in Marketable and Equity Securities, Total	-114M	-32.88M	157M	-10.64M	-122M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-126M	-81.71M	134M	-91.34M	-139M
Short Term Debt Issued, Total	86.24M	22.75M	54.5M	-	-
Total Debt Issued	86.24M	22.75M	54.5M	-	-
Short Term Debt Repaid, Total	-	-22.75M	-54.5M	-	-
Long-Term Debt Repaid, Total	-147M	-379K	-509K	-629K	-564K
Total Debt Repaid	-147M	-23.13M	-55.01M	-629K	-564K
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-54.55M	-10.43M	-281M	-69.21M	-151M
Common Dividends Paid	-30.23M	-33.45M	-39.36M	-42.04M	-44.16M
Common & Preferred Stock Dividends Paid	-30.23M	-33.45M	-39.36M	-42.04M	-44.16M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-146M	-44.26M	-321M	-112M	-196M
Foreign Exchange Rate Adjustments	1.3M	594K	-10.05M	3.68M	1.31M
Net Change in Cash	-176M	175M	193M	-26.14M	-302M
Supplemental Items
Cash Interest Paid	1.72M	218K	208K	142K	89K
Cash Income Tax Paid (Refund)	13.27M	51.86M	50.31M	56.25M	22.79M
Levered Free Cash Flow	64.47M	184M	261M	105M	59.21M
Unlevered Free Cash Flow	65.54M	184M	262M	105M	59.26M
Change In Net Working Capital	-8.75M	87.05M	49.46M	-59.92M	-12.95M
Net Debt Issued / Repaid	-61.03M	-379K	-509K	-629K	-564K

Fiscal Period: September	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.16	19.49	18.42	2.47	0.79
Return on Total Capital	4.15	26.96	24.75	3.1	0.98
Return On Equity %	6.85	39.62	37.87	4.82	-6.51
Return on Common Equity	6.85	39.62	37.87	4.82	-6.51
Margin Analysis
Gross Profit Margin %	47.82	45.92	49.77	48.3	46.59
SG&A Margin	19.34	9.58	9.4	20.6	22.72
EBITDA Margin %	11.83	28.59	32.68	12.1	5.96
EBITA Margin %	9.85	27.68	31.59	9.03	3.19
EBIT Margin %	8.67	27.29	31.26	8.21	2.46
Income From Continuing Operations Margin %	8.39	24.19	28.83	7.7	-9.77
Net Income Margin %	8.39	24.19	28.83	7.7	-9.77
Net Avail. For Common Margin %	8.39	24.19	28.83	7.7	-9.77
Normalized Net Income Margin	6	17.14	19.83	7.89	4.56
Levered Free Cash Flow Margin	10.35	12.14	17.39	14.16	8.38
Unlevered Free Cash Flow Margin	10.52	12.15	17.4	14.17	8.39
Asset Turnover
Asset Turnover	0.58	1.14	0.94	0.48	0.52
Fixed Assets Turnover	8.08	15.86	12.95	5.31	5.48
Receivables Turnover (Average Receivables)	3.16	4.9	3.97	2.94	3.89
Inventory Turnover (Average Inventory)	3.23	5.88	4.29	1.91	1.91
Short Term Liquidity
Current Ratio	5.45	3.84	5.36	6.55	5.41
Quick Ratio	4.62	3.3	4.47	5.11	4.2
Operating Cash Flow to Current Liabilities	0.6	0.85	1.57	0.96	0.17
Days Sales Outstanding (Average Receivables)	117.42	74.33	91.61	123.64	93.47
Days Outstanding Inventory (Average Inventory)	114.72	61.9	84.89	190.75	190.6
Average Days Payable Outstanding	50.36	44.1	52.26	51	58.29
Cash Conversion Cycle (Average Days)	181.78	92.13	124.24	263.4	225.77
Long Term Solvency
Total Debt/Equity	3.2	3.92	3.49	4.12	4.34
Total Debt / Total Capital	3.1	3.78	3.37	3.96	4.16
LT Debt/Equity	2.42	3.48	2.92	3.56	3.52
Long-Term Debt / Total Capital	2.34	3.35	2.82	3.42	3.38
Total Liabilities / Total Assets	28.12	31.62	24.8	21.68	23.88
EBIT / Interest Expense	31.47	1.9K	2.26K	429.38	194.83
EBITDA / Interest Expense	47.02	2.03K	2.4K	708.27	585.28
(EBITDA - Capex) / Interest Expense	40.19	1.92K	2.29K	395.56	403.84
Total Debt / EBITDA	0.3	0.1	0.08	0.48	0.79
Net Debt / EBITDA	-6.27	-1.58	-1.47	-7.07	-10.29
Total Debt / (EBITDA - Capex)	0.35	0.1	0.09	0.86	1.14
Net Debt / (EBITDA - Capex)	-7.33	-1.66	-1.54	-12.66	-14.92
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %