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 2018 the company owned a total of 41.86 million USD worth of assets, including 41.25 million USD worth of current assets and 608.00 thousand 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]2009201020112012201320142015201620172018Trends
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]2009201020112012201320142015201620172018Trends
Cash and cash equivalents 7.3121.5439.6915.9847.8727.6742.7349.4323.267.92
Accounts Receivable, Net, Current 30.7725.6414.1116.849.341.461.500.960.60
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 0.350.270.070.120.130.130.100.160.15
Total assets 85.4492.5191.0480.6562.2661.4957.2446.5541.86
Current assets 78.7588.9789.4278.4661.0059.9556.3145.8941.25
Non-current assets 1.702.191.261.540.930.650.61
Total current liabilities 24.5420.5115.474.703.414.311.231.120.96
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 24.8420.7715.694.703.944.311.233.993.13
Common Stock, Value, Issued 0.530.530.530.530.530.530.530.530.53
Retained Earnings (Accumulated Deficit) -17.72-7.00-3.05-2.45-1.09-2.23-3.30-10.12-11.70
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.080.350.35

EMERSON RADIO CORP Cash Flow

Name [in Millions USD]2009201020112012201320142015201620172018Trends
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