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 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70.91M | - | $81.54M | $77.11M | $66.05M | - | $84.16M | $63.52M | $52.11M | - |
| Cost of Revenue | $64.88M | - | $78.68M | $74.44M | $69.82M | - | $74.71M | $56.60M | $46.52M | - |
| Gross Profit | $6.03M | - | $2.86M | $2.67M | ($3.77M) | - | $9.45M | $6.92M | $5.58M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $6.23M | - | $9.49M | $9.24M | $8.95M | - | $9.40M | $9.38M | $9.43M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $3.84M | - | $5.03M | $4.85M | $4.60M | - | $4.29M | $4.20M | $4.17M | - |
| Operating Income | ($1.08M) | - | ($8.90M) | ($4.79M) | ($7.39M) | - | $2.66M | ($770.0K) | $1.98M | - |
| Interest Expense | $4.89M | - | $4.53M | $4.47M | $4.57M | - | $3.54M | $3.31M | $3.23M | - |
| Income Tax | $115.0K | - | ($77.0K) | $341.0K | $78.0K | - | $203.0K | $72.0K | $157.0K | - |
| Net Income | ($6.09M) | - | ($13.36M) | ($9.60M) | ($12.04M) | - | ($1.68M) | ($4.17M) | ($1.29M) | - |
| EPS - Basic | ($2.04) | - | ($0.43) | ($0.34) | ($0.43) | - | ($0.12) | ($0.21) | ($0.12) | - |
| EPS - Diluted | ($2.04) | - | ($0.43) | ($0.34) | ($0.43) | - | ($0.12) | ($0.21) | ($0.12) | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.88M | $21.56M | $7.72M | $7.07M | $11.18M | $24.27M | $22.40M | $18.08M | $24.43M | $24.79M |
| Accounts Receivable | $46.93M | $45.70M | $51.53M | $43.95M | $50.68M | $49.30M | $44.06M | $44.51M | $39.53M | $46.61M |
| Inventory | $4.99M | $5.20M | $6.90M | $5.17M | $4.79M | $6.29M | $5.56M | $6.04M | $6.79M | $5.92M |
| Accounts Payable | $32.63M | $36.48M | $30.07M | $40.95M | $31.40M | $30.64M | $26.10M | $17.60M | $15.14M | $15.61M |
| Current Assets | $129.43M | $138.25M | $145.84M | $150.28M | $121.27M | $147.72M | $151.79M | $134.15M | $143.62M | $105.80M |
| Total Assets | $320.77M | $338.54M | $371.88M | $378.63M | $321.45M | $344.11M | $347.52M | $329.85M | $339.02M | $280.96M |
| Current Liabilities | $137.78M | $142.92M | $127.83M | $140.62M | $105.41M | $116.25M | $124.84M | $120.78M | $106.82M | $84.33M |
| Long-term Debt | $149.25M | $149.58M | $129.34M | $130.94M | $132.54M | $133.66M | $135.57M | $110.86M | $120.81M | $124.97M |
| Total Liabilities | $365.80M | $378.25M | $347.85M | $342.69M | $276.47M | $287.78M | $293.38M | $287.96M | $292.90M | $233.22M |
| Stockholders' Equity | ($117.39M) | ($111.25M) | ($17.86M) | ($4.23M) | $7.05M | $20.54M | $20.43M | $10.43M | $16.70M | $19.91M |
| Retained Earnings | ($228.61M) | ($222.52M) | ($129.68M) | ($116.32M) | ($106.72M) | ($94.68M) | ($96.00M) | ($94.32M) | ($90.15M) | ($88.86M) |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($19.79M) | - | - | - | ($23.91M) | - | - | - | $14.07M | - |
| Investing Cash Flow | $3.17M | - | - | - | $969.0K | - | - | - | $27.48M | - |
| Financing Cash Flow | $3.37M | - | - | - | ($2.99M) | - | - | - | $1.58M | - |
| CapEx | $63.0K | - | - | - | $2.13M | - | - | - | $1.53M | - |
| Free Cash Flow | ($19.86M) | - | - | - | ($26.04M) | - | - | - | $12.53M | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 8.5% | - | 3.5% | 3.5% | -5.7% | - | 11.2% | 10.9% | 10.7% | - |
| Operating margin | -1.5% | - | -10.9% | -6.2% | -11.2% | - | 3.2% | -1.2% | 3.8% | - |
| EBITDA margin | 3.9% | - | -4.7% | 0.1% | -4.2% | - | 8.3% | 5.4% | 11.8% | - |
| Net margin | -8.6% | - | -16.4% | -12.5% | -18.2% | - | -2.0% | -6.6% | -2.5% | - |
| Free cash flow margin | -28.0% | - | - | - | -39.4% | - | - | - | 24.1% | - |
| FCF / Net income | 3.26 | - | - | - | 2.16 | - | - | - | -9.74 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 8.8% | - | 11.6% | 12.0% | 13.6% | - | 11.2% | 14.8% | 18.1% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.9% | - | -3.6% | -2.5% | -3.7% | - | -0.5% | -1.3% | -0.4% | - |
| Return on equity | 5.2% | - | 74.8% | 227.0% | -170.9% | - | -8.2% | -39.9% | -7.7% | - |
| Return on invested capital | -2.7% | - | -6.3% | -3.0% | -4.2% | - | 1.3% | -0.5% | 1.1% | - |
| Liquidity | ||||||||||
| Current ratio | 0.94 | 0.97 | 1.14 | 1.07 | 1.15 | 1.27 | 1.22 | 1.11 | 1.34 | 1.25 |
| Quick ratio | 0.90 | 0.93 | 1.09 | 1.03 | 1.11 | 1.22 | 1.17 | 1.06 | 1.28 | 1.18 |
| Cash ratio | 0.09 | 0.15 | 0.06 | 0.05 | 0.11 | 0.21 | 0.18 | 0.15 | 0.23 | 0.29 |
| Leverage | ||||||||||
| Debt / Equity | -1.27 | -1.34 | -7.24 | -30.95 | 18.81 | 6.51 | 6.64 | 10.63 | 7.23 | 6.28 |
| Debt / Assets | 0.47 | 0.44 | 0.35 | 0.35 | 0.41 | 0.39 | 0.39 | 0.34 | 0.36 | 0.44 |
| Debt / EBITDA | 54.17 | - | - | 2567.49 | - | - | 19.51 | 32.37 | 19.64 | - |
| Interest coverage | -0.2x | - | -2.0x | -1.1x | -1.6x | - | 0.8x | -0.2x | 0.6x | - |
| Equity multiplier | -2.73 | -3.04 | -20.82 | -89.49 | 45.62 | 16.76 | 17.01 | 31.63 | 20.30 | 14.11 |
| Liabilities / Assets | 1.14 | 1.12 | 0.94 | 0.91 | 0.86 | 0.84 | 0.84 | 0.87 | 0.86 | 0.83 |
| Efficiency | ||||||||||
| Asset turnover | 0.22 | - | 0.22 | 0.20 | 0.21 | - | 0.24 | 0.19 | 0.15 | - |
| Inventory turnover | 13.01 | - | 11.40 | 14.40 | 14.57 | - | 13.44 | 9.36 | 6.85 | - |
| Days sales outstanding | 242d | - | 231d | 208d | 280d | - | 191d | 256d | 277d | - |
| Days inventory outstanding | 28d | - | 32d | 25d | 25d | - | 27d | 39d | 53d | - |
| Days payable outstanding | 184d | - | 139d | 201d | 164d | - | 128d | 114d | 119d | - |
| Cash conversion cycle | 86d | - | 123d | 33d | 141d | - | 91d | 181d | 211d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.4% | - | -3.1% | 21.4% | 26.8% | - | -29.1% | -52.3% | -68.3% | - |
| Revenue CAGR (3y) | -24.5% | - | -12.4% | -13.9% | -26.0% | - | -23.2% | -5.1% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | -69.7% | -61.4% | - | - | -21.5% | -35.5% | -48.3% | - |
| Operating income growth (YoY) | 85.4% | - | - | -522.7% | - | - | 236.4% | - | - | - |
| Net income growth (YoY) | 49.5% | - | -696.6% | -130.5% | -835.5% | - | 60.2% | -17.8% | 91.0% | - |
| EPS growth (YoY) | -374.4% | - | -258.3% | -61.9% | -258.3% | - | 29.4% | -40.0% | 75.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 23.7% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | -57.8% | 3.2% | -32.5% | -70.1% | -57.0% | -62.1% |
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%
Peer comparison
Same SIC group: Hazardous Waste Management
Comparing Charah Solutions against the 5 most active filers in the same SIC group.