Midwest Energy Emissions Corp. financial data

Symbol
MEEC on OTC
Industry
Measuring & Controlling Devices, NEC
Location
1810 Jester Drive, Corsicana, TX
State of incorporation
Delaware
Fiscal year end
December 31
Former names
China Youth Media, Inc. (to 10/6/2011), DIGICORP, INC. (to 9/25/2008), DIGICORP (to 3/31/2008)
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 298 % +84.2%
Quick Ratio 17.6 % -39.7%
Debt-to-equity -45.9K % -22597%
Return On Equity 1.6K % +6065%
Return On Assets -3.5 % +86.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 96.2M shares +2.01%
Common Stock, Shares, Outstanding 96.1M shares +1.9%
Entity Public Float 18.4M USD -17.3%
Common Stock, Value, Issued 96.1K USD +1.9%
Weighted Average Number of Shares Outstanding, Basic 94.3M shares +4.91%
Weighted Average Number of Shares Outstanding, Diluted 94.3M shares +0.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 17.7M USD -12.5%
Cost of Revenue 2.3M USD -13.2%
Costs and Expenses 23.2M USD +11.4%
Operating Income (Loss) -3.57M USD -1084%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -149K USD +93.4%
Income Tax Expense (Benefit) -346 USD -9.84%
Net Income (Loss) Attributable to Parent -603K USD +73.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.2M USD +349%
Accounts Receivable, after Allowance for Credit Loss, Current 1.78M USD -12.7%
Inventory, Net 965K USD +8.28%
Assets, Current 11.3M USD +128%
Property, Plant and Equipment, Net 1.66M USD -9.13%
Operating Lease, Right-of-Use Asset 156K USD +395%
Assets 14.7M USD +70.6%
Liabilities, Current 6.5M USD +98.2%
Operating Lease, Liability, Noncurrent 132K USD
Liabilities 12.5M USD -29.6%
Retained Earnings (Accumulated Deficit) -71.5M USD -0.85%
Stockholders' Equity Attributable to Parent 2.23M USD
Liabilities and Equity 14.7M USD +70.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -439K USD -156%
Net Cash Provided by (Used in) Financing Activities -9.31M USD -4545%
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 96.1M shares +1.9%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -9.75M USD -1088%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.44M USD +334%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.94K USD
Deferred Tax Assets, Valuation Allowance 4.45M USD -47.1%
Operating Lease, Liability 132K USD
Depreciation 13.4K USD +605%
Lessee, Operating Lease, Liability, to be Paid 22.5K USD
Property, Plant and Equipment, Gross 2.11M USD +8.66%
Operating Lease, Liability, Current 23.8K USD -28%
Operating Lease, Weighted Average Discount Rate, Percent 0.15 pure
Deferred Tax Assets, Operating Loss Carryforwards 2.75M USD -57.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Additional Paid in Capital 73.6M USD +19.4%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 45.3K USD
Amortization of Intangible Assets 51.2K USD 0%
Depreciation, Depletion and Amortization 535 USD -1.47%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 45K USD
Deferred Tax Assets, Net of Valuation Allowance 4.45M USD -47.8%
Operating Leases, Future Minimum Payments, Due in Three Years 46.4K USD
Operating Leases, Future Minimum Payments Due 132K USD
Interest Expense 939K USD -24.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%