MEDICAL ACTION INDUSTRIES INC company info

CIK 748270
IRS Number 112421849
State of incorporation DE
Business address 500 EXPRESSWAY DRIVE SOUTH
None
BRENTWOOD
NY
11717
Mail address 500 EXPRESSWAY DRIVE SOUTH
None
BRENTWOOD
NY
11717

Short summary

MEDICAL ACTION INDUSTRIES INC is a New York company, with head office located at 500 Expressway Drive South Brentwood, New York 11717. The company achieved a record breaking net income in 2009 - 16.84 million USD. In 2013 the company owned a total of 170.89 million USD worth of assets, including 99.82 million USD worth of current assets. 2010 was the year when the company amassed the most assets. The company net sales last year amounted to 287.85 million USD. The company allocated 1.17 million USD of its income to research and development.

MEDICAL ACTION INDUSTRIES INC Income Statement

Name [in Millions USD]200820092010201120122013Trends
Revenue, Net 290.15362.49272.73284.76287.85
Gross Profit 68.9063.8844.1350.9055.02
Selling, General and Administrative Expense 40.2051.9841.1964.2848.74
Research and development 1.441.921.861.17
Operating Income (Loss) 28.7111.902.94-69.696.27
Interest expense 1.352.894.574.774.00
Income Tax Expense (Benefit) 10.523.820.28-19.601.16
Net income 16.844.350.18-54.864.19

MEDICAL ACTION INDUSTRIES INC Balance Sheet

Name [in Millions USD]200820092010201120122013Trends
Cash and cash equivalents 3.461.881.860.950.1330.90
Accounts Receivable, Net, Current 31.2533.2534.2426.76
Inventories 53.5354.0350.2535.43
Deferred income taxes 2.873.251.411.20
Property, Plant and Equipment, Gross 83.0343.72
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 35.3138.3418.06
Goodwill 108.65107.8030.0219.14
Intangible Assets, Net (Excluding Goodwill) 41.2038.5635.9323.27
Other Assets, Noncurrent 3.252.857.332.57
Total assets 300.40294.53208.83170.89
Current assets 94.6796.9791.3599.82
Accounts payable 14.3318.7716.119.56
Total current liabilities 50.8746.6236.7334.63
Long-term Debt, Excluding Current Maturities 59.105652.0439.81
Long-term Debt 6153.4140.11
Deferred income taxes 27.9629.456.429.65
Total liabilities 151.68145.69113.4058.48
Common Stock, Value, Issued 0.020.020.020.02
Retained Earnings (Accumulated Deficit) 115.11114.8960.4576.31
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.44-0.72-0.77-0.65

MEDICAL ACTION INDUSTRIES INC Cash Flow

Name [in Millions USD]200820092010201120122013Trends
Net income 16.844.350.18-54.864.19
Depreciation 4.565.555.725.054.73
Amortization of Intangible Assets 2.202.641.801.80
Depreciation and amortization 5.555.722.262.04
Deferred Income Tax Expense (Benefit) 1.580.752.42-21.310.28
Accounts receivable -3.093.63-1.201.79-0.02
Inventories -8.3611.79-0.83-0.81-1.93
Accounts payable 3.502.00-5.772.232.93
Net Cash Provided by (Used in) Operating Activities 43.275.174.0119.7516.68
Payments to Acquire Property, Plant, and Equipment 4.203.640.911.473.41
Payments to Acquire Businesses, Net of Cash Acquired 62.53-0.13
Net Cash Provided by (Used in) Investing Activities -2.12-66.16-0.78-1.47-3.24
Net Cash Provided by (Used in) Financing Activities -38.9657.040.46-23.11-13.91
Cash and Cash Equivalents, Period Increase (Decrease) 2.18-3.953.69-4.83-0.46