EASTERN CO company info

CIK 31107
IRS Number 060330020
State of incorporation CT
Business address 112 BRIDGE ST
P O BOX 460
NAUGATUCK
CT
06770
Mail address 112 BRIDGE STREET
P O BOX 460
NAUGATUCK
CT
06770

Short summary

EASTERN CO is a Connecticut company, with head office located at 112 Bridge St Naugatuck, Connecticut 06770. The company achieved a record breaking net income last year - 14.51 million USD. This is 187.52% higher than one reported in 2017. In 2018 the company owned a total of 185.41 million USD worth of assets, including 99.31 million USD worth of current assets and 51.49 million USD worth of non-current assets. The company amassed the most assets last year, totalling up to 185.41 million USD.

EASTERN CO Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cost of Goods and Services Sold 154.38175.55
Gross Profit 20.6326.6727.3533.3530.1532.4932.3836.3550.0558.73
Selling, General and Administrative Expense 17.0618.1618.6419.8019.7620.7724.3523.1632.1533.91
Research and development 0.740.830.810.991.081.221.533.686.95
Operating Income (Loss) 3.588.518.7113.5510.3911.728.0311.1412.0817.86
Interest expense 1.730.270.230.370.320.250.190.120.981.20
Income Tax Expense (Benefit) 2.713.004.603.213.872.293.446.413.08
Net income 1.045.545.508.636.907.665.737.795.0514.51

EASTERN CO Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 8.9716.759.0814.4818.1719.3814.1416.7319.0818.9813.67
Accounts Receivable, Net, Current 16.4220.4219.4618.3519.2617.8628.9330.4532.10
Inventories 28.1929.5529.6730.7934.1635.6844.0849.8949.27
Deferred income taxes 1.141.881.060.820.950.990.950
Property, Plant and Equipment, Gross 53.3357.1460.5663.0463.5163.8169.6572.2772.67
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 28.8631.7734.1235.6835.5737.4740.3642.7645.68
Goodwill 13.9313.9013.8713.8414.8014.8532.3634.8734.88
Other Assets, Noncurrent 17.2616.3717.9315.4621.4819.4246.8147.20
Total assets 102.35110.99116.18115.02120.72119.28172.05184.09185.41
Current assets 60.6369.2571.8172.2071.3073.5195.95103.1699.31
Non-current assets 17.2616.4651.4251.49
Accounts payable 7.528.218.028.458.217.7914.7418.0818.50
Total current liabilities 12.3713.8413.3813.0212.9912.4429.6434.5928.34
Long-term Debt, Excluding Current Maturities 3.756.795.363.572.861.2529.4527.9019.30
Long-term Debt 3.757.506.074.293.211.7935.2328.68
Deferred income taxes 01.31001.721.52
Common Stock, Value, Issued 27.7228.5728.6128.6428.9429.0429.2329.7230.29
Retained Earnings (Accumulated Deficit) 69.9276.6480.6584.8387.8790.5697.24102.90112.40
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.49-13.02-16.61-10.70-22.79-20.48-21.97-20.99-22.21

EASTERN CO Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income 1.045.545.508.636.907.665.737.795.0514.51
Depreciation 3.273.163.213.593.243.463.373.954.33
Amortization of Intangible Assets 0.680.550.230.230.250.460.440.771.45
Depreciation and amortization 4.103.943.713.443.833.493.923.814.725.33
Deferred Income Tax Expense (Benefit) 0.240.531.851.100.530.23-0.24-0.401.200.95
Accounts receivable -1.571.052.47-0.31-1.780.210.851.062.573.48
Inventories -6.673.401.83-0.591.402.833.10-2.51-0.155.36
Accounts payable -1.862.060.96-0.89-0.251.001.18-1.760.894.11
Net Cash Provided by (Used in) Operating Activities 13.349.501.4513.6511.329.1312.4211.1812.88
Payments to Acquire Property, Plant, and Equipment 2.234.733.394.225.523.632.542.862.763.60
Payments to Acquire Businesses, Net of Cash Acquired 005.030040.084.99
Net Cash Provided by (Used in) Investing Activities -2.23-4.73-3.39-4.17-5.52-2.51-2.86-42.80-10.41
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -4.17-5.52-8.64-2.51-2.86
Proceeds from Issuance of Long-term Debt 05050000310
Proceeds from Issuance of Common Stock 1.581.350.650.060.010.2700
Payments for Repurchase of Common Stock 0.730001.06
Payments of Ordinary Dividends, Common Stock 2.163.182.223.112.612.992.812.752.752.76
Net Cash Provided by (Used in) Financing Activities -3.41-9.420.82-2.30-4.03-3.88-4.1830.68-10.37
Cash and Cash Equivalents, Period Increase (Decrease) 7.78-4.52-1.087.331.51-4.151.984.91-0.45-8.35