TRCA · Twin Ridge Capital Acquisition Corp. - 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 |
|---|---|---|
| Revenue | - | - |
| Cost of Revenue | - | - |
| Gross Profit | - | - |
| R&D | - | - |
| SG&A | - | - |
| Total Operating Expenses | $3.85M | $2.33M |
| D&A | - | - |
| Operating Income | ($3.85M) | $2.33M |
| Interest Expense | - | - |
| Income Tax | - | - |
| Net Income | $6.29M | $6.22M |
| EPS - Basic | - | - |
| EPS - Diluted | - | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Cash & Equivalents | $1.03M | $1.71M |
| Accounts Receivable | - | - |
| Inventory | - | - |
| Accounts Payable | $4.43M | $1.57M |
| Current Assets | $1.12M | $2.05M |
| Total Assets | $217.19M | $215.21M |
| Current Liabilities | $4.43M | $1.57M |
| Long-term Debt | - | - |
| Total Liabilities | $4.95M | $16.40M |
| Stockholders' Equity | ($3.83M) | ($14.28M) |
| Retained Earnings | ($9.17M) | ($14.28M) |
Cash Flow
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Operating Cash Flow | ($682.3K) | ($1.16M) |
| Investing Cash Flow | $0 | ($213.09M) |
| Financing Cash Flow | $0 | $215.96M |
| CapEx | - | - |
| Free Cash Flow | - | - |
Ratios
| Metric | FY 2022 | FY 2021 |
|---|---|---|
| Profitability | ||
| Gross margin | - | - |
| Operating margin | - | - |
| EBITDA margin | - | - |
| Net margin | - | - |
| Free cash flow margin | - | - |
| FCF / Net income | - | - |
| R&D / Revenue | - | - |
| SG&A / Revenue | - | - |
| Effective tax rate | - | - |
| Return on assets | 2.9% | 2.9% |
| Return on equity | -164.1% | -43.6% |
| Return on invested capital | - | - |
| Liquidity | ||
| Current ratio | 0.25 | 1.31 |
| Quick ratio | 0.25 | 1.31 |
| Cash ratio | 0.23 | 1.09 |
| Leverage | ||
| Debt / Equity | - | - |
| Debt / Assets | - | - |
| Debt / EBITDA | - | - |
| Interest coverage | - | - |
| Equity multiplier | -56.70 | -15.07 |
| Liabilities / Assets | 0.02 | 0.08 |
| Efficiency | ||
| Asset turnover | - | - |
| Inventory turnover | - | - |
| Days sales outstanding | - | - |
| Days inventory outstanding | - | - |
| Days payable outstanding | - | - |
| Cash conversion cycle | - | - |
| Valuation | ||
| P / E | - | - |
| P / B | - | - |
| P / S | - | - |
| EV / EBITDA | - | - |
| Growth | ||
| Revenue growth (YoY) | - | - |
| Revenue CAGR (3y) | - | - |
| Revenue CAGR (5y) | - | - |
| Gross profit growth (YoY) | - | - |
| Operating income growth (YoY) | - | - |
| Net income growth (YoY) | 1.0% | - |
| EPS growth (YoY) | - | - |
| EPS CAGR (3y) | - | - |
| EPS CAGR (5y) | - | - |
| FCF growth (YoY) | - | - |
| FCF CAGR (5y) | - | - |
| Book value growth (YoY) | 73.2% | - |
Stability scores
Piotroski F-score
FY 2022 · 9-point quality
2/9
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: Blank Checks
Comparing Twin Ridge Capital Acquisition Corp. against the 5 most active filers in the same SIC group.