CHRA · Charah Solutions, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Revenue | $293.17M | $293.22M | $232.38M | $740.46M | $740.46M |
| Cost of Revenue | $209.57M | $267.32M | $209.57M | $642.73M | $642.73M |
| Gross Profit | ($9.61M) | $25.90M | $22.81M | $40.38M | $97.73M |
| R&D | - | - | - | - | - |
| SG&A | $39.37M | $42.19M | $34.06M | $60.87M | $76.75M |
| Total Operating Expenses | - | - | - | - | - |
| D&A | $19.36M | $16.72M | $17.66M | $49.23M | $42.31M |
| Operating Income | ($109.59M) | $10.54M | ($39.57M) | ($20.49M) | $20.98M |
| Interest Expense | $18.57M | $15.23M | $13.77M | $16.84M | $32.23M |
| Income Tax | ($57.0K) | $661.0K | ($914.0K) | $4.19M | ($2.43M) |
| Net Income | ($127.84M) | ($5.81M) | ($55.86M) | ($42.06M) | ($8.90M) |
| EPS - Basic | ($39.77) | ($0.46) | ($2.02) | ($1.43) | ($0.33) |
| EPS - Diluted | ($39.77) | ($0.46) | ($2.02) | ($1.43) | ($0.33) |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Cash & Equivalents | $21.56M | $24.27M | $24.79M | $4.36M | $6.90M |
| Accounts Receivable | $45.70M | $49.30M | $60.34M | $50.57M | $60.74M |
| Inventory | $5.20M | $6.29M | $5.92M | $14.79M | $25.80M |
| Accounts Payable | $36.48M | $30.64M | $15.61M | $25.51M | $24.82M |
| Current Assets | $138.25M | $147.72M | $105.80M | $98.51M | $186.18M |
| Total Assets | $338.54M | $344.11M | $280.96M | $355.76M | $458.90M |
| Current Liabilities | $142.92M | $116.25M | $84.33M | $114.63M | $112.11M |
| Long-term Debt | $149.58M | $133.66M | $124.97M | $150.70M | $211.02M |
| Total Liabilities | $378.25M | $287.78M | $233.22M | $302.48M | $365.51M |
| Stockholders' Equity | ($111.25M) | $20.54M | $19.91M | $52.48M | $92.58M |
| Retained Earnings | ($222.52M) | ($94.68M) | $9.06M | ($33.00M) | $9.41M |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Operating Cash Flow | ($77.13M) | ($10.17M) | $12.52M | $68.65M | ($13.63M) |
| Investing Cash Flow | $49.35M | $56.43M | $42.07M | ($15.76M) | ($40.37M) |
| Financing Cash Flow | $30.27M | ($16.30M) | ($31.51M) | ($53.67M) | $28.64M |
| CapEx | $5.15M | $8.50M | $4.30M | $18.07M | $22.04M |
| Free Cash Flow | ($82.29M) | ($18.66M) | $8.22M | $50.58M | ($35.67M) |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | -3.3% | 8.8% | 9.8% | 5.5% | 13.2% |
| Operating margin | -37.4% | 3.6% | -17.0% | -2.8% | 2.8% |
| EBITDA margin | -30.8% | 9.3% | -9.4% | 3.9% | 8.5% |
| Net margin | -43.6% | -2.0% | -24.0% | -5.7% | -1.2% |
| Free cash flow margin | -28.1% | -6.4% | 3.5% | 6.8% | -4.8% |
| FCF / Net income | 0.64 | 3.21 | -0.15 | -1.20 | 4.01 |
| R&D / Revenue | - | - | - | - | - |
| SG&A / Revenue | 13.4% | 14.4% | 14.7% | 8.2% | 10.4% |
| Effective tax rate | - | - | - | - | - |
| Return on assets | -37.8% | -1.7% | -19.9% | -11.8% | -1.9% |
| Return on equity | 114.9% | -28.3% | -280.6% | -80.1% | -9.6% |
| Return on invested capital | -225.9% | 5.4% | -21.6% | -8.0% | 5.5% |
| Liquidity | |||||
| Current ratio | 0.97 | 1.27 | 1.25 | 0.86 | 1.66 |
| Quick ratio | 0.93 | 1.22 | 1.18 | 0.73 | 1.43 |
| Cash ratio | 0.15 | 0.21 | 0.29 | 0.04 | 0.06 |
| Leverage | |||||
| Debt / Equity | -1.34 | 6.51 | 6.28 | 2.87 | 2.28 |
| Debt / Assets | 0.44 | 0.39 | 0.44 | 0.42 | 0.46 |
| Debt / EBITDA | - | 4.90 | - | 5.24 | 3.33 |
| Interest coverage | -5.9x | 0.7x | -2.9x | -1.2x | 0.7x |
| Equity multiplier | -3.04 | 16.76 | 14.11 | 6.78 | 4.96 |
| Liabilities / Assets | 1.12 | 0.84 | 0.83 | 0.85 | 0.80 |
| Efficiency | |||||
| Asset turnover | 0.87 | 0.85 | 0.83 | 2.08 | 1.61 |
| Inventory turnover | 40.27 | 42.51 | 35.42 | 43.45 | 24.92 |
| Days sales outstanding | 57d | 61d | 95d | 25d | 30d |
| Days inventory outstanding | 9d | 9d | 10d | 8d | 15d |
| Days payable outstanding | 64d | 42d | 27d | 14d | 14d |
| Cash conversion cycle | 2d | 28d | 78d | 19d | 30d |
| Valuation | |||||
| P / E | - | - | - | - | - |
| P / B | - | - | - | - | - |
| P / S | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - |
| Growth | |||||
| Revenue growth (YoY) | -0.0% | 26.2% | -68.6% | 0.0% | - |
| Revenue CAGR (3y) | -26.6% | -26.6% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | - | 13.6% | -43.5% | -58.7% | - |
| Operating income growth (YoY) | - | - | -93.1% | - | - |
| Net income growth (YoY) | -2098.9% | 89.6% | -32.8% | -372.5% | - |
| EPS growth (YoY) | -8545.7% | 77.2% | -41.3% | -333.3% | - |
| EPS CAGR (3y) | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | -340.9% | - | -83.8% | - | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | - | 3.2% | -62.1% | -43.3% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-12-31.
Product / service
$539.95M totalConstruction And Service$246.78M · 45.7%
Construction Contract$140.80M · 26.1%
By Product Services$105.98M · 19.6%
Raw Material Sales$46.39M · 8.6%
Geographic
$293.17M totalUS$293.17M · 100.0%
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
-0.83
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2022 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Hazardous Waste Management
Comparing Charah Solutions against the 5 most active filers in the same SIC group.