Financial performance - Canadian Industry Statistics
Cutlery and hand tool manufacturing - 3322
Here you will find information on average revenues, expenses and profits for small and medium-sized businesses in this sub-sector. You can use this information to see how your business measures up to the competition.
The links below provide two views of reports with different parameters. Other reports are available with other selections such as Provinces/Canada, Incorporation Status, Distribution, Value and Industry. A customized report, including the ability to add your own data; export reports to Excel and search for other NAICS reports, is available from the Financial Performance Data application.
Revenue range:
Annual revenues $30,000 - $5,000,000
Provinces/territory/Canada:
Canada
Incorporation status:
All businesses
Note: Balance sheet information is not available for all businesses and unincorporated businesses under the incorporation status.
Distribution by:
Total revenue
Value in:
Thousands of dollars
Data year:
2021
Industry:
Cutlery and hand tool manufacturing - 3322
N/A = Data not available based on selected status
Whole industry (reliability) |
Bottom quartile (25%) |
Lower middle (25%) |
Upper middle (25%) |
Top quartile (25%) |
Percentage of businesses reporting |
|
---|---|---|---|---|---|---|
Number of businesses | 168 | |||||
Revenue range: | ||||||
Low ($000) | 30 | 30 | 87 | 283 | 793 | |
High ($000) | 5,000 | 87 | 283 | 793 | 5,000 | |
REVENUES AND EXPENSES | (thousands of dollars) - Averages | |||||
Total revenue | 644.6B | 54.9 | 169.4 | 514.3 | 1,839.8 | 100.0 |
Sales of goods and services | N/A | N/A | N/A | N/A | N/A | N/A |
All other revenues | N/A | N/A | N/A | N/A | N/A | N/A |
Cost of sales (direct expenses) | 333.9C | 11.1 | 47.5 | 206.9 | 1,070.0 | 79.8 |
Wages and benefits | 97.3B | 0.9 | 13.6 | 57.1 | 317.5 | 38.7 |
Purchases, materials and sub-contracts | 253.2C | 10.5 | 38.9 | 161.5 | 801.9 | 80.4 |
Opening Inventory | 57.0C | 0.5 | 7.2 | 47.6 | 172.5 | 47.6 |
Closing inventory | 73.6C | 0.8 | 12.1 | 59.4 | 221.9 | 50.0 |
Operating expenses (indirect expenses) | 231.7C | 34.4 | 85.3 | 228.7 | 578.3 | 98.2 |
Labour and commissions | 99.9B | 6.9 | 28.6 | 92.5 | 271.5 | 62.5 |
Amortization and depletion | 17.1C | 6.2 | 8.4 | 14.6 | 39.0 | 81.0 |
Repairs and maintenance | 6.8C | 0.5 | 4.2 | 6.9 | 15.6 | 51.2 |
Utilities and telephone/telecommunication | 10.2C | 1.8 | 4.8 | 8.3 | 26.2 | 82.1 |
Rent | 22.4C | 4.1 | 10.8 | 29.0 | 45.6 | 60.1 |
Interest and bank charges | 3.9E | 0.1 | 1.8 | 3.0 | 10.8 | 41.7 |
Professional and business fees | 11.4E | 2.8 | 4.0 | 9.2 | 29.7 | 87.5 |
Advertising and promotion | 8.1E | 1.1 | 1.0 | 4.8 | 25.4 | 67.3 |
Delivery, shipping and warehouse expenses | 1.8C | 0.4 | 0.3 | 1.2 | 5.4 | 20.8 |
Insurance | 7.1B | 0.8 | 3.2 | 11.9 | 12.5 | 72.0 |
Other expenses | 43.0C | 9.9 | 18.3 | 47.3 | 96.6 | 95.2 |
Total expenses | 565.5C | 45.5 | 132.7 | 435.5 | 1,648.3 | 98.2 |
Net profit/loss | 79.1B | 9.4 | 36.7 | 78.8 | 191.5 | 99.4 |
BALANCE SHEET | (thousands of dollars) - Averages | |||||
Total assets | N/A | N/A | N/A | N/A | N/A | |
Total current assets | N/A | N/A | N/A | N/A | N/A | |
Accounts receivable | N/A | N/A | N/A | N/A | N/A | |
Closing inventory | N/A | N/A | N/A | N/A | N/A | |
Other current assets | N/A | N/A | N/A | N/A | N/A | |
Net tangible and intangible assets | N/A | N/A | N/A | N/A | N/A | |
All other assets and adjustments | N/A | N/A | N/A | N/A | N/A | |
Total liabilities | N/A | N/A | N/A | N/A | N/A | |
Total current liabilities | N/A | N/A | N/A | N/A | N/A | |
Current bank loans | N/A | N/A | N/A | N/A | N/A | |
Other current liabilities | N/A | N/A | N/A | N/A | N/A | |
Long term liabilities | N/A | N/A | N/A | N/A | N/A | |
Total equity | N/A | N/A | N/A | N/A | N/A | |
FINANCIAL RATIOS | Averages | |||||
Current ratio | N/A | N/A | N/A | N/A | N/A | |
Debt to equity ratio | N/A | N/A | N/A | N/A | N/A | |
Interest coverage ratio | 21.3 | 171.5 | 21.6 | 27.7 | 18.7 | |
Debt ratio | N/A | N/A | N/A | N/A | N/A | |
Revenue to equity ratio | N/A | N/A | N/A | N/A | N/A | |
Revenue to closing inventory ratio | N/A | N/A | N/A | N/A | N/A | |
Current debt to equity (%) | N/A | N/A | N/A | N/A | N/A | |
Net profit to equity (%) | N/A | N/A | N/A | N/A | N/A | |
Net fixed assets to equity (%) | N/A | N/A | N/A | N/A | N/A | |
Gross margin (%) | 48.2 | 79.8 | 72.0 | 59.8 | 41.8 | |
Return on total assets (%) | N/A | N/A | N/A | N/A | N/A | |
Collection period for accounts receivable (days) | N/A | N/A | N/A | N/A | N/A | |
PROFITABLE vs NON-PROFITABLE BUSINESSES | (thousands of dollars) | |||||
Profitable | ||||||
Percentage of businesses (%) | 76.2 | N/A | N/A | N/A | N/A | |
Total revenue | 676.7B | 57.0 | 166.8 | 506.8 | 1,880.6 | |
Total expenses | 545.6B | 29.2 | 106.5 | 402.1 | 1,564.2 | |
Net profit | 131.1B | 27.9 | 60.3 | 104.7 | 316.4 | |
Non-Profitable | ||||||
Percentage of businesses (%) | 23.8 | N/A | N/A | N/A | N/A | |
Total revenue | 541.9B | 50.3 | 176.9 | 552.0 | 1,690.2 | |
Total expenses | 629.1C | 81.9 | 206.6 | 602.8 | 1,956.5 | |
Net loss | -87.3C | -31.7 | -29.7 | -50.8 | -266.3 |
Quality Indicators
- A
- Excellent
- B
- Very good
- C
- Good
- D
- Acceptable
- E
- Use with caution