| Address:
|
3240 WHIPPLE
ROAD |
| City: |
UNION CITY |
|
State: |
CA |
|
Zip Code: |
94587 |
| Telephone: |
(510) 675-6500 |
|
Description of Business
|
Primary SIC Code:
3829 |
| (As filed with the SEC)
|
|
|
Abaxis, Inc. ("us" or "we"), incorporated in California in 1989, develops,
manufactures and markets portable blood analysis systems for use in any
veterinary or human patient-care setting to provide clinicians with rapid blood
constituent measurements.
Our principal offices are located at 3240 Whipple Road, Union City, California
94587 and our telephone number is (510) 675-6500. Our Internet address is
www.abaxis.com. We make available free of charge on or through our Internet
website our annual reports on Form 10-K, quarterly reports on Form 10-Q, current
reports on Form 8-K and all amendments to those reports as soon as reasonably
practicable after such material is electronically filed with or furnished to the
Securities and Exchange Commission. Our common stock trades on the Nasdaq
National Market under the symbol "ABAX."
Our primary product is a blood analysis system, consisting of a compact, 6. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2009 | 0.58 | NA | 44.05 | | 09/2009 | 0.58 | NA | 46.12 | | 06/2009 | 0.59 | NA | 34.81 | | 03/2009 | 0.54 | NA | 31.93 | | 12/2008 | 0.57 | NA | 28.12 | | 09/2008 | 0.56 | NA | 35.18 | | 06/2008 | 0.54 | NA | 44.69 | | 03/2008 | 0.56 | NA | 41.38 |
Key Financial Ratios and Statistics |
FYE:
03/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | 0.10 | Total Liab/Total Assets | 0.10 | | Net Inc/Total Assets | 0.09 | Total Liab/Inv Cap | 0.11 | | Net Inc/Inv Cap | 0.09 | Total Liab/Comm Equity | 0.12 | | Pretax Inc/Net Sales | 0.18 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.11 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.14 | LTD/Equity | NA | | SG&A/NetSales | 0.31 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 4.23 | Quick Ratio | 8.45 | | Inventory Turnover | 2.73 | Current Ratio | 9.82 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.24 | | Net Sales/Work Cap | 1.04 | Inv/Curr Assets | 0.14 | | Net Sales/PP&E | 7.13 | | |
Income Statement (Millions) |
| |
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Total Revenues(Net Sales)
|
31.01
|
30.26
|
29.63
|
26.34
|
|
Cost of Goods Sold
|
12.71
|
12.41
|
12.47
|
11.66
|
|
Selling & Admin Exps
|
10.04
|
10.27
|
8.86
|
8.23
|
|
Operating Income
|
5.42
|
4.99
|
5.72
|
4.20
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
5.41
|
5.28
|
6.24
|
4.33
|
|
Other Income
|
NA
|
NA
|
0.51
|
0.13
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
3.43
|
3.20
|
3.76
|
2.58
|
|
Assets
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Cash & Short Term Investments
|
69.57
|
68.65
|
67.08
|
70.01
|
|
Receivables - Total
|
25.53
|
27.06
|
28.79
|
26.66
|
|
Inventories - Total
|
17.55
|
16.31
|
15.49
|
15.74
|
|
Total Current Assets
|
114.24
|
113.49
|
112.32
|
113.36
|
|
Net Property, Plant & Equipment
|
14.57
|
14.11
|
14.37
|
14.80
|
|
Total Assets
|
159.89
|
153.92
|
147.97
|
140.71
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
15.44
|
14.62
|
11.74
|
8.81
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
16.57
|
15.69
|
14.52
|
11.55
|
|
Long-Term Debt
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities
|
18.22
|
17.86
|
16.69
|
13.82
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
NA
|
NA
|
|
Common Stock
|
122.25
|
120.06
|
118.49
|
117.85
|
|
Retained Earnings
|
19.43
|
16.00
|
12.80
|
9.05
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
141.68
|
136.06
|
131.28
|
126.89
|
|
Total Liabilities and Stockholders' Equity
|
159.89
|
153.92
|
147.97
|
140.71
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Net Cash Provided by Operating Activities
|
6.10
|
6.87
|
6.37
|
4.22
|
|
Net Cash Provided by Investing Activities
|
-10.04
|
-2.41
|
-8.71
|
-16.83
|
|
Net Cash Provided by Financing Activities
|
0.72
|
0.19
|
-0.06
|
1.70
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 03/2005 | 52.76 | 4.85 | 0.22 | | 03/2006 | 68.93 | 7.48 | 0.35 | | 03/2007 | 86.22 | 10.07 | 0.46 | | 03/2008 | 100.55 | 12.50 | 0.56 | | 03/2009 | 105.56 | 12.01 | 0.54 | | Growth Rates | 18.93 | 25.45 | 25.17 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/09 | 147 | 19,238 | 87.13 |
|
Report Date :
3/15/2010
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