SIFCO INDUSTRIES INC
For the period ended Sep 30, 2024. Filed Dec 26, 2024.
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FY2024 · Filed Dec 26, 2024
SIF$17.16+2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,714 | $21 |
| Receivables, net of allowance for credit losses of $117 and $237, respectively | 17,272 | 15,638 |
| Contract asset | 10,745 | 10,091 |
| Inventories, net | 6,230 | 4,547 |
| Refundable income taxes | 13 | 84 |
| Prepaid expenses and other current assets | 2,382 | 1,545 |
| Current assets held for sale | 15,967 | 9,548 |
| Total current assets | 54,323 | 41,474 |
| Property, plant and equipment, net | 26,261 | 29,467 |
| Operating lease right-of-use assets, net | 13,326 | 14,221 |
| Goodwill | 3,493 | 3,493 |
| Other assets | 357 | 368 |
| Noncurrent assets held for sale | 6,864 | 7,258 |
| Total assets | $104,624 | $96,281 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Current maturities of long-term debt | $353 | $374 |
| Promissory note — related party | 3,510 | — |
| Revolver | 20,142 | 16,289 |
| Short-term operating lease liabilities | 879 | 818 |
| Accounts payable | 11,574 | 11,024 |
| Contract liabilities | 2,879 | 731 |
| Accrued liabilities (related party — $880 and nil, respectively) | 4,615 | 3,342 |
| Current liabilities held for sale | 10,058 | 8,661 |
| Total current liabilities | 54,010 | 41,239 |
| Long-term operating lease liabilities, net of short-term | 13,035 | 13,915 |
| Deferred income taxes, net | 154 | 142 |
| Pension liability | 2,465 | 3,105 |
| Other long-term liabilities | 645 | 661 |
| Noncurrent liabilities held for sale | 3,890 | 2,884 |
| Shareholders’ equity: | ||
| Serial preferred shares, no par value, authorized 1,000 shares; 0 shares issued and outstanding at September 30, 2024 and 2023 | — | — |
| Common shares, par value $1 per share, authorized 10,000 shares; issued and outstanding shares 6,158 at September 30, 2024 and 6,105 at September 30, 2023 | 6,158 | 6,105 |
| Additional paid-in capital | 11,775 | 11,626 |
| Retained earnings | 17,881 | 23,264 |
| Accumulated other comprehensive loss | (5,389) | (6,660) |
| Total shareholders’ equity | 30,425 | 34,335 |
| Total liabilities and shareholders’ equity | $104,624 | $96,281 |
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