Tpi Composites, Inc financial data

Symbol
TPIC on Nasdaq
Industry
Engines & Turbines
Location
8501 N Scottsdale Road, Gainey Center II, Suite 100, Scottsdale, AZ
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 123 % -19.4%
Quick Ratio 2.19 % -22%
Debt-to-equity -479 % -112%
Return On Equity 147 %
Return On Assets -34.2 % -151%
Operating Margin -13.7 % -190%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 47.6M shares +11.7%
Common Stock, Shares, Outstanding 47.6M shares +11.7%
Entity Public Float 435M USD -4.61%
Common Stock, Value, Issued 486K USD +12.8%
Weighted Average Number of Shares Outstanding, Basic 47.5M shares +11.7%
Weighted Average Number of Shares Outstanding, Diluted 47.5M shares +11.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.29B USD -17.8%
Cost of Revenue 1.39B USD -12.5%
General and Administrative Expense 51.2M USD +62.1%
Operating Income (Loss) -176M USD -139%
Nonoperating Income (Expense) -50.9M USD -490%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -227M USD -175%
Income Tax Expense (Benefit) 19.1M USD -23.3%
Net Income (Loss) Attributable to Parent -267M USD -103%
Earnings Per Share, Basic -4.6 USD/shares -1.1%
Earnings Per Share, Diluted -4.6 USD/shares -1.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 102M USD -40.1%
Accounts Receivable, after Allowance for Credit Loss, Current 146M USD -7.89%
Inventory, Net 5.45M USD -23.9%
Other Assets, Current 29.3M USD -20%
Assets, Current 422M USD -34.3%
Deferred Income Tax Assets, Net 18.4M USD +92.1%
Property, Plant and Equipment, Net 121M USD -7.06%
Operating Lease, Right-of-Use Asset 134M USD -0.73%
Intangible Assets, Net (Excluding Goodwill) 2.44M USD -25.1%
Goodwill 2.81M USD 0%
Other Assets, Noncurrent 38.5M USD +27.7%
Assets 715M USD -24.3%
Contract with Customer, Liability, Current 4.41M USD
Liabilities, Current 422M USD +1.04%
Long-term Debt and Lease Obligation 448M USD +248%
Operating Lease, Liability, Noncurrent 112M USD -10%
Other Liabilities, Noncurrent 7.21M USD -41.4%
Liabilities 990M USD +44.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -9.03M USD +26.6%
Retained Earnings (Accumulated Deficit) -689M USD -63.3%
Stockholders' Equity Attributable to Parent -274M USD -247%
Liabilities and Equity 715M USD -24.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -39M USD +53.5%
Net Cash Provided by (Used in) Financing Activities 3.88M USD -96.4%
Net Cash Provided by (Used in) Investing Activities -8.29M USD -153%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 48.6M shares +12.8%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -43.1M USD -302%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 111M USD -38.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.8M USD +190%
Deferred Tax Assets, Valuation Allowance 106M USD +79.8%
Deferred Tax Assets, Gross 159M USD +47.6%
Operating Lease, Liability 137M USD -6.79%
Payments to Acquire Property, Plant, and Equipment 8.29M USD +153%
Lessee, Operating Lease, Liability, to be Paid 178M USD -12.2%
Property, Plant and Equipment, Gross 344M USD +3.47%
Operating Lease, Liability, Current 24.8M USD +11.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 32.7M USD +3.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 33.1M USD -2.67%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -2.27M USD -751%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 38.5M USD -17.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 31.1M USD +0.77%
Deferred Tax Assets, Operating Loss Carryforwards 86.5M USD +68.9%
Unrecognized Tax Benefits 13.4M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 26.4M USD -11.3%
Operating Lease, Payments 7.06M USD -24%
Depreciation, Depletion and Amortization 8.9M USD -8.46%
Deferred Tax Assets, Net of Valuation Allowance 52.9M USD +8.68%
Share-based Payment Arrangement, Expense 7.15M USD -50%
Interest Expense 51.5M USD +563%