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OCC Stock Price Correlated With Optical Cable Financials

OCC Stock Price vs. Quarterly
OCC
Income Statement
Cash Flow
Balance Sheet

OCC Income Statement

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Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

OCC Cash Flow

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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

OCC Balance Sheet

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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Dimensional Fund Advisors
308,389 sh
-4,496 sh
-1%
$832
-$103
Vanguard Group
194,501 sh
730 sh
0%
$525
-$54
Wilbanks Smith & Thomas Asset Management
123,677 sh
-99 sh
0%
$334
-$36
Royal Bank Of Canada
118,979 sh
-5,901 sh
-5%
$322
-$51
Renaissance Technologies
92,503 sh
-1,400 sh
-1%
$0
Legacy Financial Advisors.
54,535 sh
24,051 sh
79%
$147
$56
Geode Capital Management
40,438 sh
25,859 sh
177%
$109
$65
Rbf Capital
32,495 sh
 
$88
Bridgeway Capital Management
27,600 sh
 
$75
Envestnet Asset Management
18,000 sh
18,000 sh
NEW
$49
$49
Mercer Global Advisors Inc
18,000 sh
18,000 sh
NEW
$0
Blackrock.
17,185 sh
-166 sh
-1%
$46
-$5
Morgan Stanley
2,940 sh
 
$8
National Bank Of Canada
1,243 sh
1,243 sh
NEW
$3
$3
Wells Fargompany/Mn
1,039 sh
2 sh
0%
$3
Tower Research Capital (Trc)
1,028 sh
-2,313 sh
-69%
$3
-$7
FMR
101 sh
 
$0
UBS Group Ag
41 sh
41 sh
NEW
$0
Advisor Group Holdings.
25 sh
 
$0
JPMorgan Chase
9 sh
3 sh
50%
$0
COMPANY PROFILE
( 1) Description of Business and Summary of Significant Accounting Policies

(a) Description of Business
Optical Cable Corporation and its subsidiaries (collectively, the “Company” or “OCC®”) is a leading manufacturer of a broad range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market and various harsh environment and specialty markets (collectively, the non-carrier markets), and also the wireless carrier market, offering integrated suites of high quality products which operate as a system solution or seamlessly integrate with other providers’ offerings. The Company’s product offerings include designs for uses ranging from enterprise network, data center, residential, campus and Passive Optical LAN (“POL”) installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical and broadcast applications, and for the wireless carrier market. Founded in 1983, OCC is headquartered in Roanoke, Virginia with offices, manufacturing and warehouse facilities located in Roanoke, Virginia; near Asheville, North Carolina; and near Dallas, Texas. The Company’s cabling and connectivity products are used for high bandwidth transmission of data, video and audio communications. The Company’s product offering includes products well-suited for use in various other short- to moderate-distance applications as well. The Company’s products are sold worldwide. Also see note 10.

(b) Principles of Consolidation
The accompanying consolidated financial statements include the accounts of Optical Cable Corporation and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.

(c) Cash and Cash Equivalents
All of the Company’s bank accounts are insured by the Federal Deposit Insurance Corporation (FDIC). As of October 31, 2021 and 2020, the Company did not have bank deposits in excess of the insured limit. For purposes of the consolidated statements of cash flows, the Company considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. As of October 31, 2021 and 2020, the Company had no cash equivalents.

(d) Trade Accounts Receivable and Allowance for Doubtful Accounts
Trade accounts receivable are recorded at the invoiced amount and do not typically bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in the Company’s existing accounts receivable. The Company reviews outstanding trade accounts receivable at the end of each quarter and records allowances for doubtful accounts as deemed appropriate for (i) certain individual customers and (ii) for all other trade accounts receivable in total. In determining the amount of allowance for doubtful accounts to be recorded for individual customers, the Company considers the age of the receivable, the financial stability of the customer, discussions that may have occurred with the customer and management’s judgment as to the overall collectibility of the receivable from that customer. In addition, the Company establishes an allowance for all other receivables for which no specific allowances are deemed necessary. This portion of the allowance for doubtful accounts is based on a percentage of total trade accounts receivable with different percentages used based on different age categories of receivables. The percentages used are based on the Company’s historical experience and management’s current judgment regarding the state of the economy and the industry. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any off-balance-sheet credit exposure related to its customers.

(e) Inventories
Inventories are stated at the lower of cost and net realizable value. The

Free historical financial statements for Optical Cable Corp. See how revenue, income, cash flow, and balance sheet financials have changed over 49 quarters since 2012. Compare with OCC stock chart to see long term trends.

Data imported from Optical Cable Corp SEC filings. Check original filings before making any investment decision.