EMERSON RADIO CORP company info

CIK 32621
IRS Number 223285224
State of incorporation DE
Business address 35 WATERVIEW BLVD.
SUITE 140
PARSIPPANY
NJ
07054
Mail address 35 WATERVIEW BLVD.
SUITE 140
PARSIPPANY
NJ
07054

Short summary

EMERSON RADIO CORP is a New Jersey company, with head office located at 35 Waterview Blvd. Parsippany, New Jersey 07054. In 2019 the company owned a total of 40.33 million USD worth of assets, including 39.20 million USD worth of current assets and 1.13 million USD worth of non-current assets. 2011 was the year when the company amassed the most assets.

EMERSON RADIO CORP Income Statement

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Revenue, Net 200.84163.25128.4077.8376.3245.7521.2515.02
Cost of Goods and Services Sold 172.92142.27108.6363.0162.0938.8216.2813.928.76
Selling, General and Administrative Expense 7.387.767.7610.438.837.975.104.923.84
Operating Income (Loss) 18.9111.879.333.304.75-1.41-0.33-3.88-3.65
Interest expense 0.020.020.010.000.00
Income Tax Expense (Benefit) 5.792.483.67-1.473.07-0.260.173.46-0.35
Net income 15.9210.636.001.321.89-0.97-0.24-6.85-2.44

EMERSON RADIO CORP Balance Sheet

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Cash and cash equivalents 7.3121.5439.6915.9847.8727.6742.7349.4323.267.265.08
Accounts Receivable, Net, Current 30.7725.6414.1116.849.341.461.500.960.860.67
Inventories 20.559.876.068.934.523.833.89
Deferred income taxes 2.242.371.611.060.960.98
Property, Plant and Equipment, Gross 1.191.220.810.560.540.520.520.42
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.930.970.670.480.510.510.510.41
Intangible Assets, Net (Excluding Goodwill) 1.551.550.220.22
Other Assets, Noncurrent 0.350.270.070.120.130.130.100.160.150.14
Total assets 85.4492.5191.0480.6562.2661.4957.2446.5541.6440.33
Current assets 78.7588.9789.4278.4661.0059.9556.3145.8940.4339.20
Non-current assets 1.702.191.261.540.930.651.211.13
Total current liabilities 24.5420.5115.474.703.414.311.231.121.251.07
Long-term Debt, Excluding Current Maturities 0.030.020.480.49
Long-term Debt 00
Deferred income taxes 0.170.200.200.210.42
Total liabilities 24.8420.7715.694.703.944.311.233.993.903.47
Common Stock, Value, Issued 0.530.530.530.530.530.530.530.530.530.53
Retained Earnings (Accumulated Deficit) -17.72-7.00-3.05-2.45-1.09-2.23-3.30-10.12-12.69-13.57
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.080.350.35

EMERSON RADIO CORP Cash Flow

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Net income 15.9210.636.001.321.89-0.97-0.24-6.85-2.44
Depreciation 0.280.110.090.080.050.020.010.01
Depreciation and amortization 0.500.280.110.090.080.050.020.010.01
Deferred Income Tax Expense (Benefit) 4.651.411.18
Accounts receivable -10.270.58-5.58-3.730.02-2.24-2.150.51-1.48
Inventories -2.120.76-7.691.98-0.92-2.46-1.222.330.36
Deferred revenue 0.05
Net Cash Provided by (Used in) Operating Activities 25.67-0.1521.71-8.094.476.771.87-5.16-2.19
Payments to Acquire Property, Plant, and Equipment 0.230.060.110.030.010.010.00
Net Cash Provided by (Used in) Investing Activities 2.277.84-45.1913.0831.68-20.16-4.439.07-12.37
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -20.16-4.43
Payments for Repurchase of Common Stock 0.076.292.62
Net Cash Provided by (Used in) Financing Activities -3.20-2.53-0.06-0.07-18.99-0.07-6.29-2.62
Cash and Cash Equivalents, Period Increase (Decrease) 24.755.16-23.554.9217.16-13.39-2.63