Target Hospitality Corp. financial data

Symbol
TH on Nasdaq
Industry
Hotels, Rooming Houses, Camps & Other Lodging Places
Location
9320 Lakeside Blvd., Suite 300, The Woodlands, TX
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Platinum Eagle Acquisition Corp. (to 3/15/2019)
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 112 % +73.9%
Debt-to-equity 86.5 % -60.8%
Return On Equity 32.8 % -48.8%
Return On Assets 17.6 % -11.9%
Operating Margin 36.3 % -12.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 100M shares -1.15%
Common Stock, Shares, Outstanding 100M shares -1.15%
Entity Public Float 445M USD +180%
Common Stock, Value, Issued 10K USD 0%
Weighted Average Number of Shares Outstanding, Basic 100M shares -1.19%
Weighted Average Number of Shares Outstanding, Diluted 101M shares -3.61%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 480M USD -20.5%
Revenue from Contract with Customer, Excluding Assessed Tax 318M USD -18%
Operating Income (Loss) 174M USD -30.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 160M USD -16.4%
Income Tax Expense (Benefit) 38.2M USD -25.2%
Net Income (Loss) Attributable to Parent 122M USD -13.3%
Earnings Per Share, Basic 1.19 USD/shares -15.6%
Earnings Per Share, Diluted 1.12 USD/shares -14.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 154M USD +122%
Accounts Receivable, after Allowance for Credit Loss, Current 48.7M USD -8.6%
Inventory, Net 2.1M USD +5%
Other Assets, Current 4M USD +2.56%
Assets, Current 209M USD +60.8%
Deferred Income Tax Assets, Net 8.36M USD -51.7%
Property, Plant and Equipment, Net 336M USD -8.13%
Operating Lease, Right-of-Use Asset 14.1M USD -28.4%
Intangible Assets, Net (Excluding Goodwill) 59.6M USD -18.5%
Goodwill 41M USD 0%
Other Assets, Noncurrent 234K USD -85%
Assets 697M USD +4.67%
Accounts Payable, Current 17.5M USD +1.71%
Employee-related Liabilities, Current 8.05M USD +32.1%
Accrued Liabilities, Current 25.8M USD -19.3%
Liabilities, Current 236M USD -27.2%
Long-term Debt and Lease Obligation 1.11M USD -0.36%
Deferred Income Tax Liabilities, Net 54.2M USD +55.3%
Operating Lease, Liability, Noncurrent 6.06M USD -33.3%
Other Liabilities, Noncurrent 182K USD -87%
Liabilities 300M USD -20.2%
Retained Earnings (Accumulated Deficit) 300M USD +68.8%
Stockholders' Equity Attributable to Parent 397M USD +36.8%
Liabilities and Equity 697M USD +4.67%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 50.6M USD +248%
Net Cash Provided by (Used in) Financing Activities -21.3M USD +83%
Net Cash Provided by (Used in) Investing Activities -8.92M USD +68.6%
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 112M shares +1%
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 20.4M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 154M USD +122%
Deferred Tax Assets, Valuation Allowance 5.02M USD +12%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 21M USD -62.7%
Operating Lease, Liability 20.3M USD -13.9%
Depreciation 15.3M USD -15.3%
Payments to Acquire Property, Plant, and Equipment 33.6M USD -77.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 122M USD -13.3%
Lessee, Operating Lease, Liability, to be Paid 21.8M USD -14.4%
Operating Lease, Liability, Current 8.79M USD -9.11%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.43M USD +16.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 12.5M USD -3.28%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +55.9%
Deferred Income Tax Expense (Benefit) -874K USD -111%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.5M USD -20.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.28M USD -18.2%
Deferred Tax Assets, Operating Loss Carryforwards 2.59M USD -91.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 608K USD -81.5%
Additional Paid in Capital 145M USD +4.32%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 4.51M USD
Amortization of Intangible Assets 13.5M USD +2.08%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 5M USD
Deferred Tax Assets, Net of Valuation Allowance 16M USD -69.2%
Operating Leases, Future Minimum Payments, Due in Three Years 4.12M USD
Operating Leases, Future Minimum Payments Due 20.5M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%