ELECTRO RENT CORP company info

CIK 32166
IRS Number 952412961
State of incorporation CA
Business address 6060 SEPULVEDA BLVD
None
VAN NUYS
CA
91411-2512
Mail address 6060 SEPULVEDA BLVD
None
VAN NUYS
CA
91411

Short summary

ELECTRO RENT CORP is a California company, with head office located at 6060 Sepulveda Blvd Van Nuys, California 91411-2512. The company achieved a record breaking net income in 2011 - 25.77 million USD. In 2015 the company owned a total of 284.58 million USD worth of assets. 2011 was the year when the company amassed the most assets.

ELECTRO RENT CORP Income Statement

Name [in Millions USD]20082009201020112012201320142015Trends
Gross Profit 89.3493.2591.0682.2468.24
Selling, General and Administrative Expense 46.4557.4263.9656.5458.9259.3160.15
Operating Income (Loss) 17.7536.7436.0936.7132.1422.938.08
Income Tax Expense (Benefit) 8.4413.5314.2314.3612.129.223.00
Net income 11.6023.7625.7722.7520.4115.434.78

ELECTRO RENT CORP Balance Sheet

Name [in Millions USD]20082009201020112012201320142015Trends
Cash and cash equivalents 22.2232.9141.449.2910.405.954.0630.07
Property, Plant and Equipment, Gross 31.7032.7032.1129.8730.04
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 17.8318.8718.9816.7517.65
Goodwill 3.113.113.113.113.113.11
Intangible Assets, Net (Excluding Goodwill) 1.211.201.040.870.740.63
Total assets 305.93329.83318.93302.06300.31284.58
Total liabilities 65.5581.7090.3871.1072.3463.08
Common Stock, Value, Issued 34.7436.1837.7239.2540.4441.48
Retained Earnings (Accumulated Deficit) 205.63211.95190.83191.71187.54180.02

ELECTRO RENT CORP Cash Flow

Name [in Millions USD]20082009201020112012201320142015Trends
Net income 11.6023.7625.7722.7520.4115.434.78
Depreciation 1.021.161.1557.0356.4555.93
Amortization of Intangible Assets 0.180.150.160.160.130.12
Depreciation and amortization 43.7649.1354.9658.1158.2957.5657.16
Deferred Income Tax Expense (Benefit) -2.8023.4511.12-4.63-7.93-4.16-1.88
Accounts receivable 7.554.825.59-1.322.370.50-9.14
Accounts payable 0.941.18-0.12-0.470.261.20-1.46
Deferred revenue 1.14-0.200.610.370.23-1.87-0.41
Net Cash Provided by (Used in) Operating Activities 34.1768.7569.8868.9349.1952.6252.36
Payments to Acquire Property, Plant, and Equipment 0.681.560.901.110.380.990.38
Payments to Acquire Productive Assets 56.8991.5496.7164.0958.6870.9544.07
Payments to Acquire Businesses, Net of Cash Acquired 24.6510.3300
Net Cash Provided by (Used in) Investing Activities -9.50-45.65-82.89-34.07-23.84-37.68-11.39
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.450.20
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.450.20
Proceeds from Issuance of Common Stock 0.450.20
Payments for Repurchase of Common Stock 0.40
Payments of Ordinary Dividends, Common Stock 14.3614.4519.3843.7719.6619.6612.33
Net Cash Provided by (Used in) Financing Activities -14.24-14.22-19.32-33.55-29.49-17.37-14.91
Cash and Cash Equivalents, Period Increase (Decrease) 10.438.89-32.341.31-4.46-1.8826.00