Company Information

Learn More About XBRL  

Address: 80 CABOT COURT  
City: HAUPPAUGE 
State: NY 
Zip Code: 11788 
Telephone: 713-667-5601 


Description of Business


Primary SIC Code: 3679
(As filed with the SEC)  

Orbit International Corp. (the "Company" or "Orbit") was incorporated under the laws of the State of New York on April 4, 1957 as Orbit Instrument Corp. In December 1986, the state of incorporation was changed from New York to Delaware and in July 1991, the name was changed to Orbit International Corp. The Company conducts its operations through its Orbit Instrument Division and its wholly owned subsidiaries, Behlman Electronics, Inc. and Tulip Development Laboratory, Inc. ("TDL") and its affiliated manufacturing company, TDL Manufacturing, Inc. ("TDLM")(collectively "Tulip"). Through its Orbit Instrument Division, which includes its wholly owned subsidiaries, Orbit Instrument of California, Inc. and Tulip, the Company is engaged in the design, manufacture and sale of customized electronic components and subsystems. Integrated Consulting Services, Inc., d/b/a Integrated Combat Systems, Inc.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20080.25NA28.15
03/20080.43NA18.93
12/20070.55NA15.71
09/20070.46NA20.09
06/20070.48NA18.44
03/20070.49NA15.80
12/20060.52NA15.69
09/20060.49NA14.33

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2007 Leverage 2007
Net Inc/Comm Equity0.12Total Liab/Total Assets0.34
Net Inc/Total Assets0.07Total Liab/Inv Cap0.43
Net Inc/Inv Cap0.08Total Liab/Comm Equity0.64
Pretax Inc/Net Sales0.10Interest Coverage Ratio8.87
Net Inc/Net Sales0.10Curr Debt/Equity0.09
Cash Flow/Net Sales0.06LTD/Equity0.26
SG&A/NetSales0.34Total Debt/Equity0.35
Asset Utilization   Liquidity  
Net Receivables Turnover5.10Quick Ratio2.30
Inventory Turnover1.51Current Ratio4.07
Inventory Day Sales0.00Net Rec/Curr Assets0.24
Net Sales/Work Cap1.42Inv/Curr Assets0.43
Net Sales/PP&E37.46  

Income Statement (Millions)

  6/30/2008 3/31/2008 12/31/2007 9/30/2007
Total Revenues(Net Sales) 5.87 6.61 7.20 6.31
Cost of Goods Sold 3.54 3.98 4.06 3.68
Selling & Admin Exps 2.63 2.62 2.15 2.12
Operating Income -0.30 0.02 0.98 0.51
Interest Exp 0.08 0.10 0.07 0.08
Pretax Income -0.30 0.01 0.98 0.55
Other Income 0.08 0.10 0.08 0.12
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -0.31 0.01 0.98 0.55

Balance Sheet (Millions)

Assets 6/30/2008 3/31/2008 12/31/2007 9/30/2007
Cash & Short Term Investments 5.27 5.89 7.57 6.98
Receivables - Total 5.19 6.40 5.72 4.57
Inventories - Total 11.75 11.04 10.45 10.16
Total Current Assets 22.38 23.54 24.08 21.89
Net Property, Plant & Equipment 0.64 0.66 0.69 0.45
Total Assets 37.86 39.09 39.69 31.88
Liabilities        
Accounts Payable 3.02 3.09 3.10 2.52
Debt in Current Liabilities 1.88 2.20 2.48 1.14
Total Current Liabilities 5.04 5.62 5.91 3.74
Long-Term Debt 5.92 6.36 6.75 3.18
Total Liabilities 11.97 12.96 13.60 7.84
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.48 0.47 0.47 0.46
Retained Earnings 4.58 4.89 4.88 3.90
Treasury Stock NA NA NA NA
Total Stockholders' Equity 25.89 26.13 26.08 24.04
Total Liabilities and Stockholders' Equity 37.86 39.09 39.69 31.88

Cash Flow Summary (Millions)

Categories 6/30/2008 3/31/2008 12/31/2007 9/30/2007
Net Cash Provided by Operating Activities 0.17 -0.94 1.40 0.21
Net Cash Provided by Investing Activities 0.85 -0.05 -3.53 0.34
Net Cash Provided by Financing Activities -0.77 -0.66 2.90 -0.24

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/200317.141.630.44
12/200418.011.940.50
12/200524.252.680.60
12/200625.022.420.52
12/200725.882.580.55
Growth Rates10.8612.225.74

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/08141,74836.81




Report Date : 8/25/2008

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