SMIT (Schmitt Industries) Ending Cash Position: $1.05 Mil (As of May. 2022)

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SMIT Schmitt Industries Inc SMIT
12 GF Score
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What is Schmitt Industries Ending Cash Position?

Schmitt Industries SMIT 12 Ending Cash Position is $1.05 Mil as of May. 2022. GuruFocus rates SMIT with a GF Score™ of 12/100.

Schmitt Industries's Ending Cash Position for the quarter that ended in May. 2022 was $1.05 Mil.

Schmitt Industries's quarterly Ending Cash Position declined from Nov. 2021 ($4.57 Mil) to Feb. 2022 ($2.00 Mil) and declined from Feb. 2022 ($2.00 Mil) to May. 2022 ($1.05 Mil).

Schmitt Industries's annual Ending Cash Position declined from May. 2020 ($10.57 Mil) to May. 2021 ($4.03 Mil) and declined from May. 2021 ($4.03 Mil) to May. 2022 ($1.05 Mil).

Schmitt Industries Ending Cash Position Related Terms

Schmitt Industries Ending Cash Position Historical Data

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The historical data trend for Schmitt Industries's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Schmitt Industries Ending Cash Position Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 1.47 10.57 4.03 1.05

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.03 2.73 4.57 2.00 1.05
SMIT
12GF Score
Schmitt Industries Inc SMIT
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Schmitt Industries Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Schmitt Industries's Ending Cash Position for the fiscal year that ended in May. 2022 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=4.033+-2.982
=1.05

Schmitt Industries's Ending Cash Position for the quarter that ended in May. 2022 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=3+-1.949
=1.05

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $1.05 Mil mean?
Schmitt Industries (SMIT) has a Ending Cash Position of $1.05 Mil as of May. 2022. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Schmitt Industries and its competitors.
Is Schmitt Industries' Ending Cash Position too high?
Schmitt Industries' current Ending Cash Position is $1.05 Mil. Overall, Schmitt Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Schmitt Industries' Ending Cash Position compare to WHD and VAL?
Schmitt Industries' Ending Cash Position of $1.05 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Hardware company?
A good Ending Cash Position depends on the Hardware industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Schmitt Industries and its competitors. Schmitt Industries's current Ending Cash Position is $1.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schmitt Industries stock overvalued right now?
Schmitt Industries (SMIT) has a current Ending Cash Position of $1.05 Mil. The current Ending Cash Position is $1.05 Mil. Schmitt Industries' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Schmitt Industries (SMIT), the current Ending Cash Position is $1.05 Mil as of May. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Schmitt Industries Business Description

Address 2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. The company manufactures and sells products in two core product lines, Acuity Lasers and Xact Tank Monitoring.
12GF Score

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Ending Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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