Treace Medical Concepts, Inc. financial data

Symbol
TMCI on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
100 Palmetto Park Place, Ponte Vedra, FL
State of incorporation
Florida
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 439 % -31.8%
Quick Ratio 80 % +0.16%
Debt-to-equity 86.9 % -2.66%
Return On Equity -49.5 % -26%
Return On Assets -26.5 % -27.6%
Operating Margin -32.7 % -31.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 62.2M shares +1.05%
Common Stock, Shares, Outstanding 62.2M shares +1.05%
Entity Public Float 1.22B USD +133%
Common Stock, Value, Issued 62K USD 0%
Weighted Average Number of Shares Outstanding, Basic 62.1M shares +1.14%
Weighted Average Number of Shares Outstanding, Diluted 62.1M shares +1.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 199M USD +18.9%
Research and Development Expense 18.9M USD +30.6%
Selling and Marketing Expense 151M USD +23.1%
General and Administrative Expense 54.7M USD +36%
Operating Income (Loss) -65M USD -56%
Net Income (Loss) Attributable to Parent -63.7M USD -50.7%
Earnings Per Share, Basic -1.02 USD/shares -39.7%
Earnings Per Share, Diluted -1.02 USD/shares -39.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 18.2M USD +51.1%
Marketable Securities, Current 76.9M USD -39.7%
Accounts Receivable, after Allowance for Credit Loss, Current 25.6M USD -6.14%
Inventory, Net 41.3M USD +58.2%
Assets, Current 172M USD -13.4%
Property, Plant and Equipment, Net 24.2M USD +24.7%
Operating Lease, Right-of-Use Asset 8.78M USD -9.08%
Intangible Assets, Net (Excluding Goodwill) 8.55M USD -10%
Goodwill 12.8M USD 0%
Other Assets, Noncurrent 146K USD 0%
Assets 226M USD -9.44%
Accounts Payable, Current 18.1M USD +122%
Employee-related Liabilities, Current 6.19M USD +15.4%
Accrued Liabilities, Current 13.7M USD +94.1%
Liabilities, Current 44.4M USD +48%
Operating Lease, Liability, Noncurrent 16.3M USD -2.77%
Other Liabilities, Noncurrent 37K USD 0%
Liabilities 114M USD +14.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -26K USD +88.1%
Retained Earnings (Accumulated Deficit) -174M USD -57.7%
Stockholders' Equity Attributable to Parent 112M USD -25.2%
Liabilities and Equity 226M USD -9.44%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -7.22M USD +58.2%
Net Cash Provided by (Used in) Financing Activities -185K USD -100%
Net Cash Provided by (Used in) Investing Activities 3.76M USD
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 62.2M shares +1.08%
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 -3.65M USD -136%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18.2M USD +51.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.32M USD +2.49%
Deferred Tax Assets, Valuation Allowance 35.2M USD +54%
Cash and Cash Equivalents, Period Increase (Decrease) -7.35M USD -295%
Deferred Tax Assets, Gross 39M USD +45.8%
Operating Lease, Liability 17.3M USD +8.92%
Payments to Acquire Property, Plant, and Equipment 3.93M USD +166%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -63.5M USD -49.4%
Lessee, Operating Lease, Liability, to be Paid 25.7M USD -0.63%
Property, Plant and Equipment, Gross 36.5M USD +43.7%
Operating Lease, Liability, Current 393K USD -59.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.4M USD -52.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.91M USD +2005%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.44M USD -15.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.34M USD +139%
Deferred Tax Assets, Operating Loss Carryforwards 22.9M USD +43.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.1M USD -7.22%
Operating Lease, Payments 1.2M USD
Additional Paid in Capital 286M USD +9.95%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 200K USD
Depreciation, Depletion and Amortization 1.91M USD +107%
Deferred Tax Assets, Net of Valuation Allowance 3.82M USD -2.03%
Share-based Payment Arrangement, Expense 25.2M USD +129%
Interest Expense 5.23M USD +3.18%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares