FTSI · Fts International, 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|
| Revenue | $240.30M | $776.60M | $532.20M |
| Cost of Revenue | - | - | - |
| Gross Profit | - | - | - |
| R&D | - | - | - |
| SG&A | $47.80M | $89.10M | $64.40M |
| Total Operating Expenses | $347.70M | $826.20M | $685.70M |
| D&A | $68.50M | $90.00M | $112.60M |
| Operating Income | ($107.40M) | ($49.60M) | ($153.50M) |
| Interest Expense | - | - | - |
| Income Tax | $200.0K | $1.40M | ($1.60M) |
| Net Income | ($24.40M) | ($72.90M) | ($188.50M) |
| EPS - Basic | - | - | - |
| EPS - Diluted | - | - | - |
Balance Sheet
| Line item | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|
| Cash & Equivalents | $13.30M | $223.00M | $177.80M |
| Accounts Receivable | $26.90M | $77.00M | $158.30M |
| Inventory | $29.00M | $45.50M | $66.60M |
| Accounts Payable | $26.90M | $36.40M | $101.10M |
| Current Assets | $169.40M | $352.50M | $409.70M |
| Total Assets | $315.00M | $639.30M | $743.70M |
| Current Liabilities | $36.40M | $85.20M | $132.40M |
| Long-term Debt | - | $456.90M | $503.20M |
| Total Liabilities | $48.40M | $601.60M | $636.80M |
| Stockholders' Equity | $279.60M | $37.70M | ($830.50M) |
| Retained Earnings | ($13.40M) | ($4.38B) | ($4.31B) |
Cash Flow
| Line item | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|
| Operating Cash Flow | ($46.50M) | $123.90M | ($109.80M) |
| Investing Cash Flow | ($19.40M) | ($20.40M) | $40.20M |
| Financing Cash Flow | ($51.80M) | ($58.30M) | ($37.60M) |
| CapEx | $19.60M | $54.40M | $10.30M |
| Free Cash Flow | ($66.10M) | $69.50M | ($120.10M) |
Ratios
| Metric | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|
| Profitability | |||
| Gross margin | - | - | - |
| Operating margin | -44.7% | -6.4% | -28.8% |
| EBITDA margin | -16.2% | 5.2% | -7.7% |
| Net margin | -10.2% | -9.4% | -35.4% |
| Free cash flow margin | -27.5% | 8.9% | -22.6% |
| FCF / Net income | 2.71 | -0.95 | 0.64 |
| R&D / Revenue | - | - | - |
| SG&A / Revenue | 19.9% | 11.5% | 12.1% |
| Effective tax rate | - | - | - |
| Return on assets | -7.7% | -11.4% | -25.3% |
| Return on equity | -8.7% | -193.4% | 22.7% |
| Return on invested capital | - | -7.9% | - |
| Liquidity | |||
| Current ratio | 4.65 | 4.14 | 3.09 |
| Quick ratio | 3.86 | 3.60 | 2.59 |
| Cash ratio | 0.37 | 2.62 | 1.34 |
| Leverage | |||
| Debt / Equity | - | 12.12 | -0.61 |
| Debt / Assets | - | 0.71 | 0.68 |
| Debt / EBITDA | - | 11.31 | - |
| Interest coverage | - | - | - |
| Equity multiplier | 1.13 | 16.96 | -0.90 |
| Liabilities / Assets | 0.15 | 0.94 | 0.86 |
| Efficiency | |||
| Asset turnover | 0.76 | 1.21 | 0.72 |
| Inventory turnover | - | - | - |
| Days sales outstanding | 41d | 36d | 109d |
| Days inventory outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Cash conversion cycle | - | - | - |
| Valuation | |||
| P / E | - | - | - |
| P / B | - | - | - |
| P / S | - | - | - |
| EV / EBITDA | - | - | - |
| Growth | |||
| Revenue growth (YoY) | -69.1% | 45.9% | - |
| Revenue CAGR (3y) | - | - | - |
| Revenue CAGR (5y) | - | - | - |
| Gross profit growth (YoY) | - | - | - |
| Operating income growth (YoY) | -116.5% | 67.7% | - |
| Net income growth (YoY) | 66.5% | 61.3% | - |
| EPS growth (YoY) | - | - | - |
| EPS CAGR (3y) | - | - | - |
| EPS CAGR (5y) | - | - | - |
| FCF growth (YoY) | - | - | - |
| FCF CAGR (5y) | - | - | - |
| Book value growth (YoY) | 641.6% | - | - |
Stability scores
Altman Z′
FY 2020 · bankruptcy risk
2.39
Grey zone
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 2020 · 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: Oil & Gas Field Services, NEC
Comparing FTS International against the 5 most active filers in the same SIC group.