Flotek Industries Inc/Cn/ financial data

Symbol
FTK on NYSE
Industry
Miscellaneous Chemical Products
Location
5775 N. Sam Houston Parkway W., Suite 400, Houston, TX
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 170 % +129%
Quick Ratio 30.3 % +91.7%
Debt-to-equity 51.1 % -80.7%
Return On Assets 4.46 %
Operating Margin -7.27 % +73.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 29.8M shares -80.4%
Common Stock, Shares, Outstanding 29.8M shares -80.4%
Entity Public Float 63.1M USD -17%
Common Stock, Value, Issued 3K USD -80%
Weighted Average Number of Shares Outstanding, Basic 29.4M shares +23.2%
Weighted Average Number of Shares Outstanding, Diluted 30.7M shares +8.56%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 192M USD +198%
Revenue from Contract with Customer, Excluding Assessed Tax 176M USD -16.8%
Research and Development Expense 1.9M USD -43.9%
Costs and Expenses 28.1M USD +77.2%
Operating Income (Loss) 8.37M USD +231%
Nonoperating Income (Expense) -1.05M USD +59.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 7.32M USD
Income Tax Expense (Benefit) 390K USD +114%
Net Income (Loss) Attributable to Parent 6.93M USD
Earnings Per Share, Basic -0.18 USD/shares +91.2%
Earnings Per Share, Diluted 0.24 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.78M USD -46%
Accounts Receivable, after Allowance for Credit Loss, Current 15.6M USD +17.9%
Inventory, Net 12.1M USD -34%
Other Assets, Current 2.83M USD -30%
Assets, Current 79M USD +0.01%
Deferred Income Tax Assets, Net 84K USD -79.2%
Operating Lease, Right-of-Use Asset 4.18M USD -2.22%
Other Assets, Noncurrent 1.66M USD +9659%
Assets 156M USD -1.26%
Accounts Payable, Current 31.8M USD -29.4%
Employee-related Liabilities, Current 1.17M USD +123%
Accrued Liabilities, Current 3.03M USD -41.6%
Contract with Customer, Liability, Current 530K USD +29.6%
Liabilities, Current 42.6M USD -20%
Contract with Customer, Liability, Noncurrent 35K USD 0%
Operating Lease, Liability, Noncurrent 7.14M USD +8.43%
Liabilities 49.8M USD -17%
Accumulated Other Comprehensive Income (Loss), Net of Tax 185K USD +25.9%
Retained Earnings (Accumulated Deficit) -323M USD +2.1%
Stockholders' Equity Attributable to Parent 106M USD +8.4%
Liabilities and Equity 156M USD -1.26%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.89M USD +241%
Net Cash Provided by (Used in) Financing Activities -4.41M USD -439%
Net Cash Provided by (Used in) Investing Activities -152K USD +3.19%
Common Stock, Shares Authorized 240M shares 0%
Common Stock, Shares, Issued 30.9M shares -80.5%
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 -634K USD -540%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.88M USD -45.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 210K USD +1067%
Deferred Tax Assets, Valuation Allowance 59.1M USD -9.07%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 66.8M USD -0.52%
Operating Lease, Liability 9.01M USD -5.07%
Depreciation 826K USD +16.8%
Payments to Acquire Property, Plant, and Equipment 708K USD +5800%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 6.97M USD
Lessee, Operating Lease, Liability, to be Paid 11.6M USD -3.61%
Operating Lease, Liability, Current 1.87M USD -35.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.81M USD +30.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.12M USD -19.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Deferred Income Tax Expense (Benefit) 209K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.62M USD +1.79%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.74M USD +22.8%
Deferred Tax Assets, Operating Loss Carryforwards 45.3M USD +9.31%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.6M USD +19.6%
Operating Lease, Payments 5.58M USD +8.92%
Additional Paid in Capital 464M USD +0.29%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 7.72M USD +255%
Interest Expense 1.46M USD -81.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%