SOLITRON DEVICES INC company info

CIK 91668
IRS Number 221684144
State of incorporation DE
Business address 3301 ELECTRONICS WAY
None
WEST PALM BEACH
FL
33407
Mail address None
None
None
None
None

Short summary

SOLITRON DEVICES INC is a Florida company, with head office located at 3301 Electronics Way West Palm Beach, Florida 33407. In 2016 the company owned a total of 8.86 million USD worth of assets, including 8.35 million USD worth of current assets. 2014 was the year when the company amassed the most assets.

SOLITRON DEVICES INC Income Statement

Name [in Millions USD]2010201120122013201420152016Trends
Revenue, Net 8.938.308.428.659.768.40
Cost of Goods and Services Sold 6.376.466.596.397.236.62
Gross Profit 2.561.841.842.262.531.77
Selling, General and Administrative Expense 1.281.101.281.541.611.97
Operating Income (Loss) 1.280.740.560.720.92-0.20
Other Nonoperating Income (Expense) 0.01
Income Tax Expense (Benefit) 0.010.020.010.010.020
Net income 1.260.750.820.900.93-0.17

SOLITRON DEVICES INC Balance Sheet

Name [in Millions USD]2010201120122013201420152016Trends
Cash and cash equivalents 0.890.990.750.790.930.511.13
Accounts Receivable, Net, Current 0.870.820.770.640.910.811.38
Inventories 3.123.084.154.323.853.853.68
Property, Plant and Equipment, Gross 2.813.023.223.353.53
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 2.132.432.662.893.10
Other Assets, Noncurrent 0.050.010.030.010.010.010.01
Total assets 12.1812.4912.5112.9013.6012.328.86
Current assets 11.4611.8211.8412.3713.1111.848.35
Accounts payable 0.360.380.290.400.230.460.49
Total current liabilities 2.311.981.451.141.590.960.98
Long-term Debt, Excluding Current Maturities 0.140.12
Total liabilities 2.452.101.451.141.590.960.98
Common Stock, Value, Issued 0.020.020.020.020.020.020.02
Retained Earnings (Accumulated Deficit) 6.977.638.549.249.509.127.79
Accumulated Other Comprehensive Income (Loss), Net of Tax 0.020.010.020.010.00

SOLITRON DEVICES INC Cash Flow

Name [in Millions USD]2010201120122013201420152016Trends
Net income 1.260.750.820.900.93-0.17
Depreciation and amortization 0.210.200.290.240.220.21
Accounts receivable 0.25-0.170.31-0.300.23-0.49
Inventories 0.22-0.051.050.28-0.12-0.53
Accounts payable 0.04-0.030.03-0.010.11-0.26
Net Cash Provided by (Used in) Operating Activities 1.240.88-0.660.621.130.61
Payments to Acquire Property, Plant, and Equipment 0.370.150.210.200.120.19
Net Cash Provided by (Used in) Investing Activities -1.11-0.431.24-1.29-0.830.05
Payments for Repurchase of Common Stock 0.28
Net Cash Provided by (Used in) Financing Activities 0.000.00-0.27-0.10-0.84
Cash and Cash Equivalents, Period Increase (Decrease) 0.140.450.31-0.670.20-0.19