LGL GROUP INC company info

CIK 61004
IRS Number 381799862
State of incorporation DE
Business address 2525 SHADER ROAD
None
ORLANDO
FL
32804
Mail address 2525 SHADER ROAD
None
ORLANDO
FL
32804

Short summary

LGL GROUP INC is a Florida company, with head office located at 2525 Shader Road Orlando, Florida 32804. The company achieved a record breaking net income in 2010 - 9.42 million USD. In 2017 the company owned a total of 28.42 million USD worth of assets, including 25.58 million USD worth of current assets. 2010 was the year when the company amassed the most assets.

LGL GROUP INC Income Statement

Name [in Millions USD]200920102011201220132014201520162017Trends
Research and development 1.882.012.292.171.961.911.83
Operating Income (Loss) 6.760.67-1.78-4.16-2.83-0.79-0.160.28
Interest expense 0.300.110.090.030.020.01
Other Nonoperating Income (Expense) 0.020.000.03-0.060.030.120.17-0.05
Income Tax Expense (Benefit) -2.950.19-0.523.95-0.000.01-0.170.10
Net income 9.420.38-1.32-8.22-2.83-0.710.150.12

LGL GROUP INC Balance Sheet

Name [in Millions USD]200920102011201220132014201520162017Trends
Cash and cash equivalents 3.6110.997.937.616.135.435.562.161.57
Accounts Receivable, Net, Current 5.194.253.963.442.963.143.073.88
Inventories 6.875.915.334.553.773.484.084.30
Deferred income taxes 1.300.9600
Property, Plant and Equipment, Gross 20.7519.7920.3120.6921.0621.2721.4821.69
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 16.0914.9815.8116.9617.6418.4019.0619.52
Goodwill 0.040.040.040.040.040.040.04
Other Assets, Noncurrent 0.270.540.340.810.250.210.220.00
Total assets 31.4231.4123.7020.4816.5515.9216.7528.42
Current assets 24.6523.3018.8615.9312.3812.4013.3325.58
Accounts payable 2.882.061.742.121.121.211.601.34
Total current liabilities 5.356.443.935.612.562.332.672.82
Long-term Debt, Excluding Current Maturities 0.20000
Long-term Debt 0.2300
Total liabilities 5.556.443.934.77
Common Stock, Value, Issued 0.030.030.030.030.030.030.030.05
Retained Earnings (Accumulated Deficit) -1.59-2.61-8.17-13.42-14.54-14.98-14.60-13.91
Accumulated Other Comprehensive Income (Loss), Net of Tax 0.020.030.040.050.040.030.040.04

LGL GROUP INC Cash Flow

Name [in Millions USD]200920102011201220132014201520162017Trends
Net income 9.420.38-1.32-8.22-2.83-0.710.150.12
Depreciation 0.650.700.730.910.820.800.700.57
Amortization of Intangible Assets 0.110.140.080.080.100.070.070.08
Deferred Income Tax Expense (Benefit) -3.280.01-0.583.9200-0.210.04
Accounts receivable -1.001.47-0.041.11-0.030.66-0.89-0.11
Inventories -0.600.270.330.720.520.63-0.060.24
Net Cash Provided by (Used in) Operating Activities 5.502.32-0.47-0.66
Payments to Acquire Property, Plant, and Equipment 0.771.690.910.450.260.420.170.13
Net Cash Provided by (Used in) Investing Activities -0.77-1.69-0.91-0.42-1.01-0.33
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -0.33-3.05-1.00
Proceeds from Issuance of Long-term Debt 00.550
Proceeds from Issuance of Common Stock 06.56011.04
Payments for Repurchase of Common Stock 00.320.090.17000.01
Payments of Ordinary Dividends, Common Stock 00.060.01
Net Cash Provided by (Used in) Financing Activities -4.418.94-3.71-0.360.320
Cash and Cash Equivalents, Period Increase (Decrease) 0.339.56-5.08-1.44-1.990.36-2.7810.47