Strattec Security Corp.
Company Overview
Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles, and other vehicle access products.
The company primarily serves automotive original equipment manufacturers and their tier one suppliers in North America, and to a lesser extent, Europe, South America and China. Their main products are essential security and access components for vehicles.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 29, 2024 | $139.05m | $134.28m | - | $295000.0 | 0.00% | 0.22% |
| March 31, 2024 | $140.77m | $139.04m | - | $222000.0 | 0.00% | 0.16% |
| Dec. 31, 2023 | $118.53m | $118.69m | - | $219000.0 | 0.00% | 0.18% |
Company Impact
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