Daily Journal (DJCO) Financials

$417.27 -18.23 (-4.19%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$415.35 -1.92 (-0.46%)

As of 05/23/2025 04:06 PM Eastern

Annual Income Statements for Daily Journal

This table shows Daily Journal's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	9/30/2024	9/30/2023	9/30/2022	9/30/2021
Net Income / (Loss) Attributable to Common Shareholders	78	21	-76	113
Consolidated Net Income / (Loss)	78	21	-76	113
Net Income / (Loss) Continuing Operations	78	21	-76	113
Total Pre-Tax Income	104	28	-103	153
Total Operating Income	4.07	6.65	1.99	2.15
Total Gross Profit	23	24	18	16
Total Revenue	70	68	54	50
Operating Revenue	70	68	54	50
Total Cost of Revenue	47	43	36	34
Operating Cost of Revenue	47	43	36	34
Total Operating Expenses	19	18	15	14
Selling, General & Admin Expense	4.88	4.82	4.19	3.17
Depreciation Expense	0.27	0.28	0.38	0.48
Other Operating Expenses / (Income)	14	13	11	9.89
Other Special Charges / (Income)	-0.00	0.00	-0.27	0.00
Total Other Income / (Expense), net	100	21	-105	151
Interest Expense	3.09	4.33	1.11	0.33
Interest & Investment Income	7.10	8.34	20	45
Other Income / (Expense), net	96	17	-123	107
Income Tax Expense	26	6.65	-27	40
Basic Earnings per Share	$56.73	$15.58	($54.81)	$81.77
Weighted Average Basic Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Weighted Average Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Weighted Average Basic & Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M

This table shows Daily Journal's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2023	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Income / (Loss) Attributable to Common Shareholders	13	23	15	-6.49	0.68	9.43	18	-45	-9.86
Consolidated Net Income / (Loss)	13	23	15	-6.49	0.68	9.43	18	-45	-9.86
Net Income / (Loss) Continuing Operations	13	23	15	-6.49	0.68	9.43	18	-45	-9.86
Total Pre-Tax Income	16	32	21	-9.48	0.38	13	24	-62	-14
Total Operating Income	0.62	1.09	0.63	3.43	2.31	1.63	-0.72	3.66	-2.10
Total Gross Profit	4.65	5.43	4.56	8.70	6.89	6.01	2.67	20	3.40
Total Revenue	16	17	17	22	18	16	12	29	13
Operating Revenue	16	17	17	22	18	16	12	-	13
Total Cost of Revenue	11	12	12	13	11	10	9.63	9.74	9.42
Operating Cost of Revenue	11	12	12	13	11	10	9.63	9.74	9.42
Total Operating Expenses	4.02	4.34	3.93	5.27	4.57	4.38	3.39	16	5.50
Selling, General & Admin Expense	1.09	1.42	1.08	1.30	1.00	1.29	1.23	0.95	1.01
Depreciation Expense	0.07	0.07	0.07	0.07	0.07	0.07	0.08	0.08	0.07
Other Operating Expenses / (Income)	2.87	2.85	2.78	3.90	3.50	3.03	2.08	4.08	4.42
Total Other Income / (Expense), net	15	31	20	-13	-1.93	12	25	-66	-11
Interest Expense	1.14	0.45	1.07	1.21	1.18	1.06	0.87	0.55	0.29
Interest & Investment Income	1.57	3.00	1.29	1.22	1.99	4.06	1.07	1.20	1.26
Other Income / (Expense), net	15	28	20	-13	-2.74	8.64	24	-67	-12
Income Tax Expense	3.13	8.48	5.21	-2.99	-0.30	3.84	6.10	-17	-3.67
Basic Earnings per Share	$9.16	$16.96	$11.19	($4.71)	$0.49	$6.85	$12.95	($32.50)	($7.15)
Weighted Average Basic Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Weighted Average Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Weighted Average Basic & Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M

This table details how cash moves in and out of Daily Journal's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	9/30/2024	9/30/2023	9/30/2022	9/30/2021
Net Change in Cash & Equivalents	-7.21	14	0.83	-14
Net Cash From Operating Activities	-0.09	15	-5.26	3.29
Net Cash From Continuing Operating Activities	-0.09	21	-5.26	3.29
Net Income / (Loss) Continuing Operations	78	21	-76	113
Consolidated Net Income / (Loss)	78	21	-76	113
Depreciation Expense	0.27	0.28	0.38	0.48
Non-Cash Adjustments To Reconcile Net Income	-96	-14	109	-148
Changes in Operating Assets and Liabilities, net	17	14	-39	38
Net Cash From Investing Activities	41	-7.26	-37	-20
Net Cash From Continuing Investing Activities	41	-7.26	-37	-20
Purchase of Property, Plant & Equipment	-0.05	-0.09	-0.04	-0.03
Purchase of Investments	0.00	-10	-118	-65
Sale of Property, Plant & Equipment	0.00	0.00	0.38	0.00
Sale and/or Maturity of Investments	41	2.83	81	45
Net Cash From Financing Activities	-48	-0.15	43	2.38
Net Cash From Continuing Financing Activities	-48	-0.15	43	2.38
Repayment of Debt	-48	-6.16	-0.16	-15
Issuance of Debt	0.00	6.01	43	17
Cash Interest Paid	3.05	4.27	1.05	0.33
Cash Income Taxes Paid	5.13	0.81	11	1.95

This table details how cash moves in and out of Daily Journal's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Change in Cash & Equivalents	1.90	3.05	-0.35	6.58	6.65	-0.77	1.18	4.55	3.59
Net Cash From Operating Activities	2.21	3.12	1.60	6.66	6.69	-0.67	2.40	4.60	3.26
Net Cash From Continuing Operating Activities	1.94	3.12	1.60	13	6.69	-0.67	2.40	4.60	3.26
Net Income / (Loss) Continuing Operations	11	27	23	-6.49	0.68	9.43	18	-45	-9.86
Consolidated Net Income / (Loss)	11	27	23	-6.49	0.68	9.43	18	-45	-9.86
Depreciation Expense	0.07	0.07	0.07	0.07	0.07	0.07	0.08	0.08	0.07
Non-Cash Adjustments To Reconcile Net Income	-13	-33	-24	13	7.39	-11	-24	66	12
Changes in Operating Assets and Liabilities, net	4.37	9.80	2.15	5.71	-1.44	0.57	8.94	-17	0.66
Net Cash From Investing Activities	0.00	-0.03	0.01	-	-0.01	-0.04	-7.21	-0.02	0.37
Net Cash From Continuing Investing Activities	0.00	-0.03	0.01	-	-0.01	-0.04	-7.21	-0.02	0.37
Purchase of Property, Plant & Equipment	0.00	-0.04	0.01	-	-0.01	-0.04	-0.04	-0.02	-0.01
Net Cash From Financing Activities	-0.04	-0.04	-1.96	-6.04	-0.04	-0.07	5.99	-0.04	-0.04
Net Cash From Continuing Financing Activities	-0.04	-0.04	-1.96	-6.04	-0.04	-0.07	5.99	-0.04	-0.04
Repayment of Debt	-0.04	-0.04	-1.96	-6.04	-0.04	-0.07	-0.02	-0.04	-0.04
Cash Interest Paid	0.42	0.32	0.54	1.22	1.18	0.95	0.92	0.54	0.24
Cash Income Taxes Paid	0.00	1.92	1.40	0.72	0.04	0.05	0.00	-1.66	0.01

This table presents Daily Journal's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	9/30/2024	9/30/2023	9/30/2022	9/30/2021
Total Assets	404	355	319	383
Total Current Assets	394	345	309	372
Cash & Equivalents	13	21	13	13
Restricted Cash	2.19	2.10	2.05	2.04
Short-Term Investments	359	303	276	348
Accounts Receivable	19	19	17	9.52
Inventories, net	0.02	0.07	0.06	0.04
Prepaid Expenses	0.61	0.38	0.45	0.56
Current Deferred & Refundable Income Taxes	0.03	0.00	1.02	0.00
Other Current Assets	0.75	0.19	-	-
Plant, Property, & Equipment, net	9.14	9.36	9.55	10
Plant, Property & Equipment, gross	20	20	20	20
Accumulated Depreciation	11	10	9.99	9.71
Total Noncurrent Assets	0.13	0.10	0.10	0.22
Other Noncurrent Operating Assets	0.13	0.10	0.10	0.22
Total Liabilities & Shareholders' Equity	404	355	319	383
Total Liabilities	125	154	140	128
Total Current Liabilities	38	42	34	34
Short-Term Debt	0.16	0.16	0.15	0.15
Accounts Payable	6.05	6.64	5.06	4.24
Accrued Expenses	8.52	8.79	7.07	6.05
Current Deferred Revenue	24	26	21	17
Total Noncurrent Liabilities	87	112	106	94
Long-Term Debt	0.96	1.12	1.29	1.43
Noncurrent Deferred Revenue	0.88	1.00	0.37	1.00
Noncurrent Deferred & Payable Income Tax Liabilities	53	31	25	56
Noncurrent Employee Benefit Liabilities	0.78	0.20	-	-
Other Noncurrent Operating Liabilities	31	79	80	35
Commitments & Contingencies	0.00	0.00	-	0.00
Total Equity & Noncontrolling Interests	279	200	179	255
Total Preferred & Common Equity	279	200	179	255
Total Common Equity	279	200	179	255
Common Stock	1.97	1.77	1.77	1.77
Retained Earnings	277	199	177	253

This table presents Daily Journal's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	12/31/2024	6/30/2024	3/31/2024	6/30/2023	3/31/2023	12/31/2022	6/30/2022
Total Assets	413	370	336	366	359	346	385
Total Current Assets	403	361	326	357	349	337	368
Cash & Equivalents	15	9.99	11	20	14	15	8.88
Restricted Cash	2.21	2.17	2.14	2.08	2.13	2.05	2.04
Short-Term Investments	372	325	297	316	319	307	342
Accounts Receivable	13	22	16	17	14	11	11
Inventories, net	0.04	0.04	0.06	0.06	0.10	0.08	0.07
Prepaid Expenses	0.47	0.52	0.51	0.56	0.48	0.41	0.55
Current Deferred & Refundable Income Taxes	0.07	-	-	0.14	0.75	1.02	3.95
Other Current Assets	0.83	0.72	0.52	-	-	-	-
Plant, Property, & Equipment, net	9.08	9.17	9.25	9.43	9.48	9.51	9.61
Plant, Property & Equipment, gross	20	20	20	20	20	20	20
Accumulated Depreciation	11	10	10	10	10	10	9.95
Total Noncurrent Assets	0.10	0.15	0.07	0.03	0.05	0.08	6.92
Other Noncurrent Operating Assets	0.10	0.15	0.07	0.03	0.05	0.08	0.13
Total Liabilities & Shareholders' Equity	413	370	336	366	359	346	385
Total Liabilities	123	118	107	159	153	149	161
Total Current Liabilities	33	42	36	39	31	31	30
Short-Term Debt	0.17	0.16	0.16	0.16	0.16	0.15	0.15
Accounts Payable	6.49	6.78	6.07	6.11	4.42	5.27	4.41
Accrued Expenses	5.77	7.69	6.05	5.38	4.73	4.20	5.39
Current Deferred Revenue	20	25	22	27	22	22	20
Total Noncurrent Liabilities	90	76	71	120	121	118	130
Long-Term Debt	0.91	1.00	1.04	1.16	1.20	1.25	1.32
Noncurrent Deferred Revenue	0.49	0.53	0.82	0.41	0.52	0.49	0.38
Noncurrent Deferred & Payable Income Tax Liabilities	57	43	36	34	35	31	51
Noncurrent Employee Benefit Liabilities	0.93	0.65	0.51	-	-	-	-
Other Noncurrent Operating Liabilities	31	30	33	85	85	85	78
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	290	252	228	207	206	197	224
Total Preferred & Common Equity	290	252	228	207	206	197	224
Total Common Equity	290	252	228	207	206	197	224
Common Stock	2.00	1.77	1.77	1.77	1.77	1.77	1.77
Retained Earnings	288	250	227	205	205	195	222

This table displays calculated financial ratios and metrics derived from Daily Journal's official financial filings.

Metric	2024	2023	2022	2021
Period end date	9/30/2024	9/30/2023	9/30/2022	9/30/2021
Growth Metrics	-	-	-	-
Revenue Growth	3.28%	25.37%	8.18%	-0.03%
EBITDA Growth	312.19%	120.14%	-210.84%	2,932.68%
EBIT Growth	315.85%	119.85%	-211.67%	2,582.76%
NOPAT Growth	-39.96%	264.71%	-12.29%	229.39%
Net Income Growth	264.13%	128.37%	-166.98%	2,693.86%
EPS Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	-100.59%	386.71%	-260.10%	40.67%
Free Cash Flow Firm Growth	-244.86%	216.96%	-86.07%	2,211.92%
Invested Capital Growth	24.42%	-12.46%	-4.30%	-63.37%
Revenue Q/Q Growth	0.00%	-10.46%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	183.87%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	182.09%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	5.36%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	227.01%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-102.58%	15.78%	20.30%	-14.85%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	4.57%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	32.54%	35.83%	32.46%	31.44%
EBITDA Margin	143.68%	36.00%	-224.10%	218.73%
Operating Margin	5.82%	9.82%	3.68%	4.31%
EBIT Margin	143.30%	35.59%	-224.80%	217.77%
Profit (Net Income) Margin	111.70%	31.68%	-140.02%	226.14%
Tax Burden Percent	74.91%	76.34%	73.74%	73.77%
Interest Burden Percent	104.06%	116.62%	84.46%	140.77%
Effective Tax Rate	25.09%	23.66%	0.00%	26.23%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	32.60%	11.31%	-34.88%	56.97%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	26.42%	7.15%	-34.61%	35.01%
Return on Assets (ROA)	20.59%	6.37%	-21.56%	36.35%
Return on Common Equity (ROCE)	32.60%	11.31%	-34.88%	56.97%
Return on Equity Simple (ROE_SIMPLE)	28.02%	10.70%	-42.24%	44.34%
Net Operating Profit after Tax (NOPAT)	3.05	5.08	1.39	1.59
NOPAT Margin	4.36%	7.50%	2.58%	3.18%
Net Nonoperating Expense Percent (NNEP)	21.52%	5.33%	-23.69%	39.25%
Return On Investment Capital (ROIC_SIMPLE)	1.09%	2.52%	-	-
Cost of Revenue to Revenue	67.46%	64.17%	67.54%	68.56%
SG&A Expenses to Revenue	6.97%	7.11%	7.76%	6.36%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	26.71%	26.00%	28.27%	27.13%
Earnings before Interest and Taxes (EBIT)	100	24	-121	109
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	100	24	-121	109
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	2.42	2.02	1.97	1.74
Price to Tangible Book Value (P/TBV)	2.42	2.02	1.97	1.74
Price to Revenue (P/Rev)	9.65	5.98	6.54	8.86
Price to Earnings (P/E)	8.64	18.87	0.00	3.92
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	11.57%	5.30%	0.00%	25.52%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	4.32	1.18	1.18	1.64
Enterprise Value to EBITDA (EV/EBITDA)	3.01	3.28	0.00	0.75
Enterprise Value to EBIT (EV/EBIT)	3.02	3.32	0.00	0.75
Enterprise Value to NOPAT (EV/NOPAT)	99.16	15.76	45.60	51.48
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	5.31	0.00	24.87
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	4.25	10.67	1.91
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.01	0.01	0.01
Long-Term Debt to Equity	0.00	0.01	0.01	0.01
Financial Leverage	-1.46	-1.62	-1.50	-1.43
Leverage Ratio	1.58	1.78	1.62	1.57
Compound Leverage Factor	1.65	2.07	1.37	2.21
Debt to Total Capital	0.40%	0.63%	0.79%	0.62%
Short-Term Debt to Total Capital	0.06%	0.08%	0.08%	0.06%
Long-Term Debt to Total Capital	0.34%	0.56%	0.71%	0.56%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.60%	99.37%	99.21%	99.38%
Debt to EBITDA	0.01	0.05	-0.01	0.01
Net Debt to EBITDA	-3.71	-13.32	2.39	-3.30
Long-Term Debt to EBITDA	0.01	0.05	-0.01	0.01
Debt to NOPAT	0.37	0.25	1.03	0.99
Net Debt to NOPAT	-122.26	-63.96	-207.98	-227.18
Long-Term Debt to NOPAT	0.31	0.22	0.92	0.90
Altman Z-Score	6.25	3.80	2.24	5.13
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	10.26	8.19	9.20	10.95
Quick Ratio	10.17	8.12	9.10	10.87
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	-27	19	5.95	43
Operating Cash Flow to CapEx	-197.78%	17,539.53%	0.00%	11,331.03%
Free Cash Flow to Firm to Interest Expense	-8.85	4.35	5.36	130.58
Operating Cash Flow to Interest Expense	-0.03	3.48	-4.74	10.05
Operating Cash Flow Less CapEx to Interest Expense	-0.04	3.46	-4.43	9.96
Efficiency Ratios	-	-	-	-
Asset Turnover	0.18	0.20	0.15	0.16
Accounts Receivable Turnover	3.69	3.80	4.08	6.14
Inventory Turnover	1,084.55	678.91	736.97	866.58
Fixed Asset Turnover	7.56	7.16	5.52	4.88
Accounts Payable Turnover	7.43	7.42	7.84	8.38
Days Sales Outstanding (DSO)	98.92	96.00	89.39	59.41
Days Inventory Outstanding (DIO)	0.34	0.54	0.50	0.42
Days Payable Outstanding (DPO)	49.10	49.16	46.53	43.53
Cash Conversion Cycle (CCC)	50.16	47.38	43.36	16.29
Capital & Investment Metrics	-	-	-	-
Invested Capital	-94	-124	-111	-106
Invested Capital Turnover	-0.64	-0.58	-0.50	-0.58
Increase / (Decrease) in Invested Capital	30	-14	-4.56	-41
Enterprise Value (EV)	302	80	63	82
Market Capitalization	675	405	353	442
Book Value per Share	$202.39	$145.58	$130.00	$184.42
Tangible Book Value per Share	$202.39	$145.58	$130.00	$184.42
Total Capital	280	202	180	256
Total Debt	1.12	1.28	1.43	1.58
Total Long-Term Debt	0.96	1.12	1.29	1.43
Net Debt	-373	-325	-290	-361
Capital Expenditures (CapEx)	0.05	0.09	-0.35	0.03
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-18	-23	-15	-24
Debt-free Net Working Capital (DFNWC)	356	303	276	338
Net Working Capital (NWC)	356	303	276	338
Net Nonoperating Expense (NNE)	-75	-16	77	-111
Net Nonoperating Obligations (NNO)	-373	-325	-290	-361
Total Depreciation and Amortization (D&A)	0.27	0.28	0.38	0.48
Debt-free, Cash-free Net Working Capital to Revenue	-25.24%	-33.54%	-27.80%	-47.55%
Debt-free Net Working Capital to Revenue	509.38%	448.04%	510.99%	677.96%
Net Working Capital to Revenue	509.15%	447.81%	510.72%	677.66%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$56.73	$15.58	($54.81)	$81.77
Adjusted Weighted Average Basic Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$81.77
Adjusted Weighted Average Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$81.77
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Normalized Net Operating Profit after Tax (NOPAT)	3.05	5.08	1.20	1.59
Normalized NOPAT Margin	4.36%	7.50%	2.23%	3.18%
Pre Tax Income Margin	149.12%	41.50%	-189.87%	306.56%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	32.46	5.56	-109.48	332.48
NOPAT to Interest Expense	0.99	1.17	1.26	4.85
EBIT Less CapEx to Interest Expense	32.45	5.54	-109.17	332.39
NOPAT Less CapEx to Interest Expense	0.97	1.15	1.57	4.77
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Daily Journal's official financial filings.

Metric	Q1 2025	Q3 2024	Q2 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2023	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-1.19%	2.58%	-26.84%	38.13%	0.00%	4.81%	0.00%	-5.49%
EBITDA Growth	0.00%	8,341.53%	97.93%	85.02%	97.55%	232.13%	166.26%	0.00%	-125.22%
EBIT Growth	0.00%	6,997.63%	98.63%	84.94%	97.09%	229.20%	165.86%	0.00%	-125.40%
NOPAT Growth	0.00%	-80.49%	-59.04%	-6.36%	378.46%	342.48%	-1,684.17%	0.00%	-250.88%
Net Income Growth	0.00%	3,349.78%	63.42%	85.53%	106.86%	133.92%	159.19%	0.00%	-123.16%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	-76.08%	0.00%	44.66%	105.27%	95.03%	637.85%	41.05%	1.91%
Free Cash Flow Firm Growth	0.00%	-755.14%	-3,140.88%	0.00%	-69.53%	-96.17%	0.00%	0.00%	-56.85%
Invested Capital Growth	0.00%	35.40%	37.01%	-12.46%	-2.21%	-0.30%	14.63%	0.00%	-23.40%
Revenue Q/Q Growth	0.00%	5.57%	0.00%	21.72%	9.60%	31.32%	-58.24%	129.82%	0.00%
EBITDA Q/Q Growth	0.00%	42.57%	0.00%	-2,559.32%	-103.42%	-56.57%	137.87%	-335.81%	-84.32%
EBIT Q/Q Growth	0.00%	42.71%	0.00%	-2,146.45%	-104.11%	-56.73%	137.71%	-334.12%	-82.40%
NOPAT Q/Q Growth	0.00%	68.98%	0.00%	-41.43%	254.82%	316.57%	-120.81%	274.18%	-663.81%
Net Income Q/Q Growth	0.00%	51.51%	0.00%	-1,057.90%	-92.82%	-47.09%	139.77%	-354.54%	64.54%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-29.39%	0.00%	0.00%	-0.51%	1,102.10%	-127.86%	-47.91%	41.18%	124.24%
Free Cash Flow Firm Q/Q Growth	0.00%	2.62%	0.00%	133.87%	352.01%	106.94%	0.00%	-100.00%	-43.14%
Invested Capital Q/Q Growth	0.00%	-5.20%	0.00%	4.57%	-2.57%	-1.17%	-13.56%	13.27%	-0.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	29.05%	31.01%	27.52%	40.35%	38.90%	37.19%	21.71%	66.95%	26.50%
EBITDA Margin	96.17%	166.77%	123.49%	-43.68%	-2.00%	64.00%	193.53%	-213.39%	-112.53%
Operating Margin	3.90%	6.23%	3.82%	15.92%	13.06%	10.06%	-5.82%	12.44%	-16.41%
EBIT Margin	95.75%	166.39%	123.09%	-43.99%	-2.38%	63.57%	192.92%	-213.66%	-113.11%
Profit (Net Income) Margin	78.88%	133.50%	93.02%	-30.09%	3.82%	58.39%	144.92%	-152.18%	-76.94%
Tax Burden Percent	80.15%	73.36%	74.76%	68.44%	177.23%	71.10%	74.51%	72.28%	72.91%
Interest Burden Percent	102.79%	109.37%	101.09%	99.95%	-90.52%	129.20%	100.83%	98.54%	93.31%
Effective Tax Rate	19.85%	26.64%	25.24%	0.00%	-77.23%	28.90%	25.49%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	0.00%	0.00%	11.31%	-7.84%	-12.47%	-28.22%	-34.88%	0.00%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	-8.84%	-0.48%	12.00%	26.92%	-32.89%	0.00%
Return on Assets (ROA)	0.00%	0.00%	0.00%	-6.05%	0.77%	11.03%	20.22%	-23.43%	0.00%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	11.31%	-7.84%	-12.47%	-28.22%	-34.88%	0.00%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	-8.16%	-13.30%	-32.86%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	0.50	0.80	0.47	2.40	4.10	1.16	-0.53	2.56	-1.47
NOPAT Margin	3.12%	4.57%	2.86%	11.14%	23.15%	7.15%	-4.34%	8.70%	-11.49%
Net Nonoperating Expense Percent (NNEP)	3.12%	6.70%	4.66%	-2.89%	-0.99%	2.39%	5.02%	-16.37%	-2.36%
Return On Investment Capital (ROIC_SIMPLE)	0.17%	-	-	1.19%	-	-	-	-	-
Cost of Revenue to Revenue	70.95%	68.99%	72.48%	59.65%	61.10%	62.81%	78.29%	33.05%	73.50%
SG&A Expenses to Revenue	6.80%	8.12%	6.52%	6.02%	5.67%	7.97%	9.97%	3.23%	7.86%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.15%	24.78%	23.70%	24.43%	25.84%	27.13%	27.53%	53.59%	42.90%
Earnings before Interest and Taxes (EBIT)	15	29	20	-9.48	-0.42	10	24	-63	-14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	15	29	20	-9.41	-0.35	10	24	-63	-14
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.62	2.16	2.18	2.02	1.92	1.90	1.75	1.97	1.60
Price to Tangible Book Value (P/TBV)	1.62	2.16	2.18	2.02	1.92	1.90	1.75	1.97	1.60
Price to Revenue (P/Rev)	0.00	0.00	0.00	5.98	5.27	5.55	6.32	6.54	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	18.87	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	5.30%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	1.18	0.81	0.84	0.41	1.18	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	3.28	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	3.32	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	15.76	12.68	34.20	26.50	45.60	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	60.09	22.18	5.31	4.69	6.16	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	4.25	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Long-Term Debt to Equity	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01
Financial Leverage	-1.34	-1.47	-1.48	-1.62	-1.60	-1.58	-1.59	-1.62	-1.48
Leverage Ratio	1.42	1.60	1.60	1.78	1.74	1.70	1.71	1.62	1.61
Compound Leverage Factor	1.46	1.75	1.62	1.78	-1.58	2.20	1.72	1.59	1.51
Debt to Total Capital	0.37%	0.46%	0.52%	0.63%	0.63%	0.65%	0.71%	0.79%	0.65%
Short-Term Debt to Total Capital	0.06%	0.06%	0.07%	0.08%	0.08%	0.07%	0.08%	0.08%	0.07%
Long-Term Debt to Total Capital	0.31%	0.39%	0.45%	0.56%	0.56%	0.58%	0.63%	0.71%	0.58%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.63%	99.54%	99.48%	99.37%	99.37%	99.35%	99.29%	99.21%	99.35%
Debt to EBITDA	0.00	0.00	0.00	0.05	-0.05	-0.03	-0.02	-0.01	0.00
Net Debt to EBITDA	0.00	0.00	0.00	-13.32	11.60	7.73	5.26	2.39	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.05	-0.04	-0.03	-0.02	-0.01	0.00
Debt to NOPAT	0.00	0.00	0.00	0.25	0.27	0.78	1.65	1.03	0.00
Net Debt to NOPAT	0.00	0.00	0.00	-63.96	-69.97	-192.84	-378.43	-207.98	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.22	0.24	0.69	1.47	0.92	0.00
Altman Z-Score	0.00	0.00	0.00	3.49	3.53	3.69	3.62	2.85	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	12.31	8.58	8.97	8.19	9.24	11.18	10.76	9.20	12.17
Quick Ratio	12.20	8.50	8.88	8.12	9.17	11.07	10.64	9.10	11.95
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-45	-47	16	6.92	1.53	-22	0.00	23
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	55,783.33%	-1,757.89%	6,661.11%	20,927.27%	29,645.45%
Free Cash Flow to Firm to Interest Expense	0.00	-101.84	-43.65	13.35	5.85	1.44	-25.26	0.00	77.47
Operating Cash Flow to Interest Expense	1.93	3.60	0.00	5.50	5.66	-0.63	2.75	8.31	11.13
Operating Cash Flow Less CapEx to Interest Expense	1.93	3.62	0.00	5.50	5.65	-0.66	2.71	8.27	11.09
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.20	0.20	0.19	0.14	0.15	0.00
Accounts Receivable Turnover	0.00	0.00	0.00	3.80	5.42	6.79	5.88	4.08	0.00
Inventory Turnover	0.00	0.00	0.00	678.91	635.12	522.60	553.44	736.97	0.00
Fixed Asset Turnover	0.00	0.00	0.00	7.16	7.94	7.34	5.62	5.52	0.00
Accounts Payable Turnover	0.00	0.00	0.00	7.42	7.67	9.29	8.39	7.84	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	96.00	67.34	53.79	62.04	89.39	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.54	0.57	0.70	0.66	0.50	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	49.16	47.61	39.27	43.51	46.53	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	47.38	20.30	15.22	19.19	43.36	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	-99	-84	-80	-124	-130	-127	-126	-111	-127
Invested Capital Turnover	0.00	0.00	0.00	-0.58	-0.59	-0.56	-0.40	-0.49	0.00
Increase / (Decrease) in Invested Capital	0.00	46	47	-14	-2.82	-0.38	22	0.00	-24
Enterprise Value (EV)	81	207	189	80	61	59	23	63	6.03
Market Capitalization	469	543	498	405	398	392	345	353	357
Book Value per Share	$210.38	$182.90	$165.94	$145.58	$150.29	$149.80	$142.95	$130.00	$162.12
Tangible Book Value per Share	$210.38	$182.90	$165.94	$145.58	$150.29	$149.80	$142.95	$130.00	$162.12
Total Capital	291	253	230	202	208	208	198	180	225
Total Debt	1.08	1.16	1.20	1.28	1.32	1.35	1.41	1.43	1.47
Total Long-Term Debt	0.91	1.00	1.04	1.12	1.16	1.20	1.25	1.29	1.32
Net Debt	-388	-336	-309	-325	-337	-333	-322	-290	-351
Capital Expenditures (CapEx)	0.00	-0.01	0.00	0.00	0.01	0.04	0.04	0.02	0.01
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-19	-18	-20	-23	-20	-16	-18	-15	-15
Debt-free Net Working Capital (DFNWC)	371	319	290	303	318	318	306	276	338
Net Working Capital (NWC)	371	319	290	303	318	318	305	276	338
Net Nonoperating Expense (NNE)	-12	-23	-15	8.89	3.42	-8.28	-18	47	8.39
Net Nonoperating Obligations (NNO)	-388	-336	-309	-325	-337	-333	-322	-290	-351
Total Depreciation and Amortization (D&A)	0.07	0.07	0.07	0.07	0.07	0.07	0.08	0.08	0.07
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	-33.54%	-27.08%	-22.98%	-33.46%	-27.80%	0.00%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	448.04%	420.66%	450.16%	559.85%	510.99%	0.00%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	447.81%	420.45%	449.94%	559.57%	510.72%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$9.16	$16.96	$11.19	($4.71)	$0.49	$6.85	$12.95	($32.50)	($7.15)
Adjusted Weighted Average Basic Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Normalized Net Operating Profit after Tax (NOPAT)	0.50	0.80	0.47	2.40	1.62	1.16	-0.53	2.56	-1.47
Normalized NOPAT Margin	3.12%	4.57%	2.86%	11.14%	9.15%	7.15%	-4.34%	8.70%	-11.49%
Pre Tax Income Margin	98.42%	181.98%	124.43%	-43.97%	2.16%	82.13%	194.51%	-210.54%	-105.54%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	13.41	65.41	19.13	-7.82	-0.36	9.65	27.18	-113.60	-49.48
NOPAT to Interest Expense	0.44	1.80	0.44	1.98	3.47	1.09	-0.61	4.63	-5.02
EBIT Less CapEx to Interest Expense	13.41	65.44	0.00	-7.82	-0.37	9.62	27.14	-113.64	-49.52
NOPAT Less CapEx to Interest Expense	0.44	1.82	0.00	1.98	3.46	1.05	-0.65	4.59	-5.06
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Daily Journal's Financials

When does Daily Journal's financial year end?

According to the most recent income statement we have on file, Daily Journal's fiscal year ends in September. Their fiscal year 2024 ended on September 30, 2024.

How has Daily Journal's net income changed over the last 3 years?

Daily Journal's net income appears to be on a downward trend, with a most recent value of $78.11 million in 2024, falling from $112.90 million in 2021. The previous period was $21.45 million in 2023.

What is Daily Journal's operating income?

Daily Journal's total operating income in 2024 was $4.07 million, based on the following breakdown:

Total Gross Profit: $22.75 million
Total Operating Expenses: $18.68 million

How has Daily Journal revenue changed over the last 3 years?

Over the last 3 years, Daily Journal's total revenue changed from $49.93 million in 2021 to $69.93 million in 2024, a change of 40.1%.

How much debt does Daily Journal have?

Daily Journal's total liabilities were at $124.98 million at the end of 2024, a 19.1% decrease from 2023, and a 2.3% decrease since 2021.

How much cash does Daily Journal have?

In the past 3 years, Daily Journal's cash and equivalents has ranged from $12.60 million in 2021 to $20.84 million in 2023, and is currently $12.99 million as of their latest financial filing in 2024.

How has Daily Journal's book value per share changed over the last 3 years?

Over the last 3 years, Daily Journal's book value per share changed from 184.42 in 2021 to 202.39 in 2024, a change of 9.7%.

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This page (NASDAQ:DJCO) was last updated on 5/25/2025 by MarketBeat.com Staff

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Daily Journal (DJCO) Financials

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Daily Journal (DJCO) Financials

Annual Income Statements for Daily Journal

Quarterly Income Statements for Daily Journal

Annual Cash Flow Statements for Daily Journal

Quarterly Cash Flow Statements for Daily Journal

Annual Balance Sheets for Daily Journal

Quarterly Balance Sheets for Daily Journal

Annual Metrics And Ratios for Daily Journal

Quarterly Metrics And Ratios for Daily Journal

Frequently Asked Questions About Daily Journal's Financials

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