FTAI Infrastructure Inc. financial data

Symbol
FIP on Nasdaq
Industry
Railroads, Line-Haul Operating
Location
1345 Avenue Of The Americas, New York, NY
State of incorporation
Delaware
Fiscal year end
December 31
Former names
FTAI Infrastructure LLC (to 7/25/2022)
Latest financial report
10-Q - Q2 2024 - Aug 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 119 % -26.9%
Debt-to-equity 371 % +26.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 105M shares +5.6%
Common Stock, Shares, Outstanding 102M shares +2.25%
Entity Public Float 361M USD +11.4%
Common Stock, Value, Issued 1.02M USD +2.21%
Weighted Average Number of Shares Outstanding, Basic 105M shares +2.19%
Weighted Average Number of Shares Outstanding, Diluted 105M shares +2.19%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 330M USD +6.91%
General and Administrative Expense 13.6M USD +5.95%
Costs and Expenses 364M USD +2.24%
Nonoperating Income (Expense) -152M USD -28.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -186M USD -12.6%
Income Tax Expense (Benefit) 1.99M USD -43%
Earnings Per Share, Basic -2.07 USD/shares -16.9%
Earnings Per Share, Diluted -2.07 USD/shares -16.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 33.1M USD -22.2%
Other Assets, Current 50.6M USD -16.5%
Assets, Current 289M USD +34.9%
Property, Plant and Equipment, Net 1.61B USD -4.87%
Operating Lease, Right-of-Use Asset 68.3M USD -1.84%
Intangible Assets, Net (Excluding Goodwill) 48.8M USD -13.4%
Goodwill 275M USD +5.81%
Other Assets, Noncurrent 65.3M USD +46.7%
Assets 2.45B USD +0.61%
Liabilities, Current 138M USD -24.4%
Operating Lease, Liability, Noncurrent 61.1M USD -1.83%
Liabilities 1.81B USD +12%
Accumulated Other Comprehensive Income (Loss), Net of Tax -151M USD +18.1%
Retained Earnings (Accumulated Deficit) -259M USD -134%
Stockholders' Equity Attributable to Parent 395M USD -32%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 287M USD -46.1%
Liabilities and Equity 2.45B USD +0.61%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.88M USD +68%
Net Cash Provided by (Used in) Financing Activities -454K USD -101%
Net Cash Provided by (Used in) Investing Activities -18.8M USD +71.8%
Common Stock, Shares Authorized 2B shares 0%
Common Stock, Shares, Issued 102M shares +2.25%
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 -23.2M USD +43.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 186M USD +91.3%
Deferred Tax Assets, Valuation Allowance 215M USD +0.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 326M USD +11.9%
Operating Lease, Liability 69.7M USD -0.76%
Payments to Acquire Property, Plant, and Equipment 12.9M USD -67.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -115M USD -640%
Lessee, Operating Lease, Liability, to be Paid 165M USD -2.2%
Property, Plant and Equipment, Gross 1.92B USD -0.45%
Operating Lease, Liability, Current 7.22M USD +2.15%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.97M USD +6.06%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.29M USD +3.97%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 1.4M USD -49.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 95.5M USD -3.23%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.29M USD +0.61%
Deferred Tax Assets, Operating Loss Carryforwards 167M USD +17.3%
Deferred Federal Income Tax Expense (Benefit) 153K USD -93.5%
Current Income Tax Expense (Benefit) 591K USD -18%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.82M USD +2.7%
Additional Paid in Capital 804M USD -8.13%
Current State and Local Tax Expense (Benefit) 584K USD -25.2%
Current Federal Tax Expense (Benefit) 7K USD
Depreciation, Depletion and Amortization 81.2M USD +5.71%
Deferred Tax Assets, Net of Valuation Allowance 111M USD +43.1%
Share-based Payment Arrangement, Expense 11.8M USD +194%
Deferred State and Local Income Tax Expense (Benefit) 1.25M USD +208%
Interest Expense 109M USD +24.8%