OPTICAL CABLE CORPORATION: 10-Q filed 2020-09-10

Name: OPTICAL CABLE CORPORATION: 10-Q filed 2020-09-10
Creator: OPTICAL CABLE CORPORATION

What OPTICAL CABLE CORPORATION reported in its quarterly report filed 2020-09-10 (fiscal Q3 2020): 38 published measures, 105 facts as tagged in accession 0001437749-20-019556.

This filing

Form: 10-Q (quarterly report)
Filed: 2020-09-10
Fiscal period: fiscal Q3 2020
Accession: 0001437749-20-019556 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All OPTICAL CABLE CORPORATION filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2020-07-31	36,913,086	USD
At 2019-10-31	40,106,934	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2020-07-31	21,287,447	USD
At 2019-10-31	18,868,034	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2020-07-31	15,625,639	USD
At 2020-04-30	17,018,864	USD
At 2020-01-31	18,681,368	USD
At 2019-10-31	21,238,900	USD
At 2019-07-31	21,856,426	USD
At 2019-04-30	22,904,740	USD
At 2019-01-31	23,494,996	USD
At 2018-10-31	26,810,837	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2020-07-31	998,662	USD
At 2019-10-31	537,330	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	-1,433,830	USD	92
2019-11-01 to 2020-07-31	-5,714,899	USD	274
2020-02-01 to 2020-04-30	-1,689,181	USD	90
2019-11-01 to 2020-01-31	-2,591,888	USD	92
2019-05-01 to 2019-07-31	-1,085,294	USD	92
2018-11-01 to 2019-07-31	-5,012,739	USD	273
2019-02-01 to 2019-04-30	-617,425	USD	89
2018-11-01 to 2019-01-31	-3,310,020	USD	92

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2019-11-01 to 2020-07-31	-2,435,854	USD	274
2018-11-01 to 2019-07-31	-47,324	USD	273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2019-11-01 to 2020-07-31	94,536	USD	274
2018-11-01 to 2019-07-31	483,115	USD	273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2019-11-01 to 2020-07-31	3,027,976	USD	274
2018-11-01 to 2019-07-31	1,510,063	USD	273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2019-11-01 to 2020-07-31	-130,790	USD	274
2018-11-01 to 2019-07-31	-540,540	USD	273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2020-07-31	1,664,113	USD
At 2019-10-31	7,385,566	USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	4,992	USD	92
2019-11-01 to 2020-07-31	15,076	USD	274
2019-05-01 to 2019-07-31	12,859	USD	92
2018-11-01 to 2019-07-31	-9,322	USD	273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2020-07-31	9,064,679	USD
At 2019-10-31	10,010,223	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2019-11-01 to 2020-07-31	101,638	USD	274
2018-11-01 to 2019-07-31	941,253	USD	273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	-1,291,677	USD	92
2019-11-01 to 2020-07-31	-5,299,610	USD	274
2019-05-01 to 2019-07-31	-936,797	USD	92
2018-11-01 to 2019-07-31	-4,632,972	USD	273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2020-07-31	25,297,922	USD
At 2019-10-31	29,379,998	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	135,725	USD	92
2019-11-01 to 2020-07-31	397,198	USD	274
2019-05-01 to 2019-07-31	135,648	USD	92
2018-11-01 to 2019-07-31	381,819	USD	273

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2020-07-31	7,591,028	USD
At 2019-10-31	13,627,027	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2020-07-31	6,799,541	USD
At 2019-10-31	10,347,597	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2019-11-01 to 2020-07-31	0	USD	274
2018-11-01 to 2019-07-31	1,333	USD	273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2020-07-31	17,129,461	USD
At 2019-10-31	18,095,627	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	3,472,161	USD	92
2019-11-01 to 2020-07-31	9,873,051	USD	274
2019-05-01 to 2019-07-31	4,491,454	USD	92
2018-11-01 to 2019-07-31	13,363,147	USD	273

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	4,559,970	USD	92
2019-11-01 to 2020-07-31	14,933,595	USD	274
2019-05-01 to 2019-07-31	5,418,438	USD	92
2018-11-01 to 2019-07-31	17,968,897	USD	273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2020-07-31	7,537,087	shares
At 2019-10-31	7,458,981	shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2020-07-31	15,625,639	USD
At 2019-10-31	21,238,900	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2020-07-31	1,358,798	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2020-07-31	5,241,218	USD
At 2019-10-31	5,908,623	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2020-07-31	664,561	USD
At 2019-10-31	659,280	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2020-07-31	1,885,924	USD
At 2019-10-31	32,430	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2020-07-31	1,674,301	USD
At 2019-10-31	71,339	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2020-07-31	259,173	USD
At 2019-10-31	304,713	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	-1,428,838	USD	92
2019-11-01 to 2020-07-31	-5,699,823	USD	274
2019-05-01 to 2019-07-31	-1,072,435	USD	92
2018-11-01 to 2019-07-31	-5,022,061	USD	273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2019-11-01 to 2020-07-31	1,082,809	USD	274
2018-11-01 to 2019-07-31	1,294,062	USD	273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	10,806	USD	92
2019-11-01 to 2020-07-31	30,973	USD	274
2019-05-01 to 2019-07-31	9,597	USD	92
2018-11-01 to 2019-07-31	28,494	USD	273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	-1,436	USD	92
2019-11-01 to 2020-07-31	-3,015	USD	274
2019-05-01 to 2019-07-31	10	USD	92
2018-11-01 to 2019-07-31	-7,270	USD	273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	-137,161	USD	92
2019-11-01 to 2020-07-31	-400,213	USD	274
2019-05-01 to 2019-07-31	-135,638	USD	92
2018-11-01 to 2019-07-31	-389,089	USD	273

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2020-05-01 to 2020-07-31	96,681	USD	92
2019-11-01 to 2020-07-31	286,131	USD	274

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2019-11-01 to 2020-07-31	-3,116,310	USD	274
2018-11-01 to 2019-07-31	-2,811,745	USD	273

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2019-11-01 to 2020-07-31	-966,166	USD	274
2018-11-01 to 2019-07-31	1,337,756	USD	273

Inspect the source

Entity: OPTICAL CABLE CORPORATION / CIK 0001000230
Captured: 2026-09-20T05:10:58.216Z
SEC response SHA-256: 5d47656684b5c03c9be88220833a06037538c9225eea988d5c9da7418901cac1

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Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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