Manufacturing
Engineering
US
Schmitt Industries
$2.489876543210-$,.9876543210-$,.9876543210-$,.9876543210-$,.9876543210-$,.9876543210-$,.
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$0.00 (0.00%) Today
$0.00 (0.00%) Today
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About
Schmitt Industries, Inc. engages in the design, manufacture, and trade of measurement and process control systems. It operates through the Balancer and Measurement segments. Read More The Balancer segment develops balancing systems and components for the machine tool industry. The Measurement segment assembles laser-based test and measurement solutions. The company was founded by Wayne A. Case in 1987 and is headquartered in Portland, OR.
Employees
56
Headquarters
Portland, Oregon
Founded
1987
Market Cap
9.92M
Price-Earnings Ratio
—
Dividend Yield
0.00
Average Volume
60.12K
High Today
—
Low Today
—
Open Price
—
Volume
0.00
52 Week High
$4.12
52 Week Low
$1.91
Collections
Manufacturing
Engineering
US
North America
News
Simply Wall StMar 7
What does Schmitt Industries, Inc.’s (NASDAQ:SMIT) Balance Sheet Tell Us About Its Future?
Schmitt Industries, Inc. (NASDAQ:SMIT), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is SMIT will have to follow strict debt obligations which will reduce its financial flexibility. Zero-debt can alleviate some risk associated with the company meeting debt obligations, but this doesn’t automatically mean SMIT has outstanding financial strength. I will take you through a few basic checks to assess the financ...
Price Paid on Robinhood
23% Lower
Right Now
52 Week Low
$1.91
Average Price Paid
$3.24
52 Week High
$4.12
Earnings
-$0.14
-$0.07
-$0.01
$0.06
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Q1 2019
Q2 2019
Q3 2019
Estimated
—
Actual
Expected Apr 5, After Hours