OPTICAL CABLE CORPORATION: 10-Q filed 2023-06-12
What OPTICAL CABLE CORPORATION reported in its quarterly report filed 2023-06-12 (fiscal FY 2023): 39 published measures, 107 facts as tagged in accession 0001437749-23-017089.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2023-06-12
- Fiscal period
- fiscal FY 2023
- Accession
- 0001437749-23-017089 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 2023-04-30 | 45,975,886 | USD | |
| At 2022-10-31 | 40,557,806 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2023-04-30 | 20,409,268 | USD | |
| At 2022-10-31 | 18,398,088 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2023-04-30 | 25,566,618 | USD | |
| At 2023-01-31 | 23,004,024 | USD | |
| At 2022-10-31 | 22,159,718 | USD | |
| At 2022-04-30 | 21,175,184 | USD | |
| At 2022-01-31 | 21,289,963 | USD | |
| At 2021-10-31 | 22,205,953 | 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 2023-04-30 | 324,994 | USD | |
| At 2022-10-31 | 215,936 | 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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 2,423,087 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 3,233,071 | USD | 181 |
| 2022-11-01 to 2023-01-31 | 809,984 | USD | 92 |
| 2022-02-01 to 2022-04-30 | -227,991 | USD | 89 |
| 2021-11-01 to 2022-04-30 | -1,163,784 | USD | 181 |
| 2021-11-01 to 2022-01-31 | -935,793 | 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 |
|---|---|---|---|
| 2022-11-01 to 2023-04-30 | -1,493,146 | USD | 181 |
| 2021-11-01 to 2022-04-30 | -3,028,004 | USD | 181 |
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 |
|---|---|---|---|
| 2022-11-01 to 2023-04-30 | 230,252 | USD | 181 |
| 2021-11-01 to 2022-04-30 | 100,313 | USD | 181 |
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 |
|---|---|---|---|
| 2022-11-01 to 2023-04-30 | 1,656,048 | USD | 181 |
| 2021-11-01 to 2022-04-30 | 3,246,771 | USD | 181 |
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 |
|---|---|---|---|
| 2022-11-01 to 2023-04-30 | 1,464,041 | USD | 181 |
| 2021-11-01 to 2022-04-30 | -111,982 | USD | 181 |
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 2023-04-30 | 10,754,284 | USD | |
| At 2022-10-31 | 7,521,213 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 7,867,755 | shares | 89 |
| 2022-11-01 to 2023-04-30 | 7,880,685 | shares | 181 |
| 2022-02-01 to 2022-04-30 | 7,487,337 | shares | 89 |
| 2021-11-01 to 2022-04-30 | 7,464,862 | shares | 181 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 0.31 | USD/shares | 89 |
| 2022-11-01 to 2023-04-30 | 0.41 | USD/shares | 181 |
| 2022-02-01 to 2022-04-30 | -0.03 | USD/shares | 89 |
| 2021-11-01 to 2022-04-30 | -0.16 | USD/shares | 181 |
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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 74,933 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 107,397 | USD | 181 |
| 2022-02-01 to 2022-04-30 | -5,194 | USD | 89 |
| 2021-11-01 to 2022-04-30 | 7,554 | USD | 181 |
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 2023-04-30 | 7,274,715 | USD | |
| At 2022-10-31 | 7,390,285 | 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 |
|---|---|---|---|
| 2022-11-01 to 2023-04-30 | 289,680 | USD | 181 |
| 2021-11-01 to 2022-04-30 | 237,651 | USD | 181 |
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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 1,100,106 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 2,146,042 | USD | 181 |
| 2022-02-01 to 2022-04-30 | -21,011 | USD | 89 |
| 2021-11-01 to 2022-04-30 | -774,411 | USD | 181 |
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 2023-04-30 | 36,782,501 | USD | |
| At 2022-10-31 | 31,196,122 | 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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 286,065 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 556,688 | USD | 181 |
| 2022-02-01 to 2022-04-30 | 182,531 | USD | 89 |
| 2021-11-01 to 2022-04-30 | 340,791 | USD | 181 |
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 2023-04-30 | 7,664,309 | USD | |
| At 2022-10-31 | 7,482,893 | 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 2023-04-30 | 11,306,726 | USD | |
| At 2022-10-31 | 10,963,753 | USD |
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 2023-04-30 | 23,099,964 | USD | |
| At 2022-10-31 | 19,438,766 | 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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 6,782,706 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 13,303,915 | USD | 181 |
| 2022-02-01 to 2022-04-30 | 5,033,446 | USD | 89 |
| 2021-11-01 to 2022-04-30 | 9,079,298 | USD | 181 |
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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 5,662,339 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 11,117,805 | USD | 181 |
| 2022-02-01 to 2022-04-30 | 5,036,331 | USD | 89 |
| 2021-11-01 to 2022-04-30 | 9,816,530 | USD | 181 |
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 2023-04-30 | 7,865,121 | shares | |
| At 2022-10-31 | 7,893,194 | 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 2023-04-30 | 25,566,618 | USD | |
| At 2022-10-31 | 22,159,718 | 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 2023-04-30 | 835,411 | 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 2023-04-30 | 4,361,006 | USD | |
| At 2022-10-31 | 4,528,602 | 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 2023-04-30 | 593,229 | USD | |
| At 2022-10-31 | 618,142 | 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 2023-04-30 | 1,325,441 | USD | |
| At 2022-10-31 | 1,353,257 | 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 2023-04-30 | 721,594 | USD | |
| At 2022-10-31 | 725,024 | 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 2023-04-30 | 459,623 | USD | |
| At 2022-10-31 | 540,225 | 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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 2,498,020 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 3,340,468 | USD | 181 |
| 2022-02-01 to 2022-04-30 | -233,185 | USD | 89 |
| 2021-11-01 to 2022-04-30 | -1,156,230 | USD | 181 |
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 |
|---|---|---|---|
| 2022-11-01 to 2023-04-30 | 496,661 | USD | 181 |
| 2021-11-01 to 2022-04-30 | 569,257 | USD | 181 |
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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 13,689 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 26,910 | USD | 181 |
| 2022-02-01 to 2022-04-30 | 11,540 | USD | 89 |
| 2021-11-01 to 2022-04-30 | 23,635 | USD | 181 |
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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | -12,311 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 54,824 | USD | 181 |
| 2022-02-01 to 2022-04-30 | -29,643 | USD | 89 |
| 2021-11-01 to 2022-04-30 | -41,028 | USD | 181 |
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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 1,397,914 | USD | 89 |
| 2022-11-01 to 2023-04-30 | 1,194,426 | USD | 181 |
| 2022-02-01 to 2022-04-30 | -212,174 | USD | 89 |
| 2021-11-01 to 2022-04-30 | -381,819 | USD | 181 |
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 |
|---|---|---|---|
| 2023-02-01 to 2023-04-30 | 109,151 | USD | 89 |
| 2022-02-01 to 2022-04-30 | 107,835 | USD | 89 |
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 |
|---|---|---|---|
| 2022-11-01 to 2023-04-30 | 357,932 | USD | 181 |
| 2021-11-01 to 2022-04-30 | 2,193,887 | USD | 181 |
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 |
|---|---|---|---|
| 2022-11-01 to 2023-04-30 | 3,661,198 | USD | 181 |
| 2021-11-01 to 2022-04-30 | 2,342,183 | USD | 181 |
Inspect the source
- Entity
- OPTICAL CABLE CORPORATION / CIK 0001000230
- Captured
- 2026-09-20T05:10:58.216Z
- SEC response SHA-256
5d47656684b5c03c9be88220833a06037538c9225eea988d5c9da7418901cac1
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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