TREC · Trecora Resources - 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 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $75.32M | - | $65.66M | $57.83M | $52.24M | - | $39.29M | $34.51M | $53.99M | - |
| Gross Profit | $7.89M | - | $8.97M | $11.02M | $2.35M | - | $8.46M | $6.17M | $8.08M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $7.53M | - | $8.92M | $7.67M | $7.33M | - | $5.77M | $6.29M | $6.67M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $4.31M | - | $4.40M | $4.31M | $4.28M | - | $4.10M | $3.96M | $3.95M | - |
| Operating Income | $132.0K | - | ($167.0K) | $3.12M | ($5.21M) | - | $2.48M | ($334.0K) | $1.19M | - |
| Interest Expense | $283.0K | - | $319.0K | $297.0K | $302.0K | - | $508.0K | $735.0K | $916.0K | - |
| Income Tax | $294.0K | - | ($211.0K) | $703.0K | ($1.00M) | - | $853.0K | $858.0K | ($5.65M) | - |
| Net Income | ($376.0K) | - | $1.88M | $2.25M | ($4.40M) | - | $22.43M | ($1.86M) | $10.72M | - |
| EPS - Basic | ($0.02) | - | $0.08 | $0.09 | ($0.18) | - | $0.90 | ($0.07) | $0.44 | - |
| EPS - Diluted | ($0.02) | - | $0.08 | $0.09 | ($0.18) | - | $0.88 | ($0.07) | $0.42 | - |
Balance Sheet
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $31.94M | $30.54M | $44.40M | $39.13M | $53.03M | $55.66M | $51.86M | $29.88M | $37.45M | $6.14M |
| Accounts Receivable | $33.57M | $32.81M | $31.96M | $34.21M | $25.93M | $25.30M | $22.66M | $20.24M | $28.40M | $26.32M |
| Inventory | $20.36M | $21.13M | $15.62M | $15.64M | $11.74M | $12.95M | $11.11M | $7.59M | $8.36M | $13.62M |
| Accounts Payable | $12.39M | $12.07M | $12.69M | $11.49M | $16.58M | $14.45M | $12.81M | $11.03M | $10.17M | $14.60M |
| Current Assets | $89.26M | $88.79M | $99.57M | $94.36M | $99.87M | $105.90M | $109.50M | $106.35M | $123.64M | $84.09M |
| Total Assets | $293.19M | $293.54M | $307.81M | $303.81M | $310.40M | $316.83M | $322.32M | $321.88M | $338.40M | $301.82M |
| Current Liabilities | $27.41M | $26.00M | $35.70M | $33.01M | $30.64M | $29.58M | $33.80M | $27.12M | $25.26M | $28.64M |
| Long-term Debt | $36.66M | $37.71M | $38.76M | $39.80M | $40.85M | $41.90M | $42.95M | $74.00M | $98.05M | $79.09M |
| Total Liabilities | $93.44M | $93.57M | $107.25M | $105.71M | $110.70M | $112.43M | $118.23M | $140.71M | $155.88M | $130.38M |
| Stockholders' Equity | $199.75M | $199.97M | $200.26M | $197.81M | $199.41M | $204.12M | $203.80M | $180.88M | $182.23M | $171.15M |
| Retained Earnings | $145.32M | $145.70M | $140.06M | $138.18M | $135.92M | $140.32M | $140.44M | $118.01M | $119.87M | $109.15M |
Cash Flow
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.72M | - | - | - | $3.83M | - | - | - | $4.30M | - |
| Investing Cash Flow | ($4.85M) | - | - | - | ($4.50M) | - | - | - | $8.10M | - |
| Financing Cash Flow | ($1.46M) | - | - | - | ($1.97M) | - | - | - | $18.91M | - |
| CapEx | $4.85M | - | $3.63M | $3.88M | $4.78M | - | $2.73M | $5.67M | $2.06M | - |
| Free Cash Flow | $2.87M | - | - | - | ($950.0K) | - | - | - | $2.24M | - |
Ratios
| Metric | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | -7.62 | - | - | - | 0.22 | - | - | - | 0.21 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | -12.6% | 23.8% | - | - | 3.7% | - | -111.6% | - |
| Return on assets | -0.1% | - | 0.6% | 0.7% | -1.4% | - | 7.0% | -0.6% | 3.2% | - |
| Return on equity | -0.2% | - | 0.9% | 1.1% | -2.2% | - | 11.0% | -1.0% | 5.9% | - |
| Return on invested capital | 0.0% | - | -0.1% | 1.0% | -1.7% | - | 1.0% | -0.1% | 0.4% | - |
| Liquidity | ||||||||||
| Current ratio | 3.26 | 3.42 | 2.79 | 2.86 | 3.26 | 3.58 | 3.24 | 3.92 | 4.89 | 2.94 |
| Quick ratio | 2.51 | 2.60 | 2.35 | 2.38 | 2.88 | 3.14 | 2.91 | 3.64 | 4.56 | 2.46 |
| Cash ratio | 1.17 | 1.17 | 1.24 | 1.19 | 1.73 | 1.88 | 1.53 | 1.10 | 1.48 | 0.21 |
| Leverage | ||||||||||
| Debt / Equity | 0.18 | 0.19 | 0.19 | 0.20 | 0.20 | 0.21 | 0.21 | 0.41 | 0.54 | 0.46 |
| Debt / Assets | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.23 | 0.29 | 0.26 |
| Debt / EBITDA | 8.26 | - | 9.16 | 5.36 | - | - | 6.53 | 20.40 | 19.08 | - |
| Interest coverage | 0.5x | - | -0.5x | 10.5x | -17.3x | - | 4.9x | -0.5x | 1.3x | - |
| Equity multiplier | 1.47 | 1.47 | 1.54 | 1.54 | 1.56 | 1.55 | 1.58 | 1.78 | 1.86 | 1.76 |
| Liabilities / Assets | 0.32 | 0.32 | 0.35 | 0.35 | 0.36 | 0.35 | 0.37 | 0.44 | 0.46 | 0.43 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | 3.70 | - | 4.20 | 3.70 | 4.45 | - | 3.54 | 4.54 | 6.46 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 99d | - | 87d | 99d | 82d | - | 103d | 80d | 57d | - |
| Days payable outstanding | 60d | - | 71d | 73d | 116d | - | 119d | 117d | 69d | - |
| 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) | 236.6% | - | 6.1% | 78.7% | -71.0% | - | -11.6% | -41.6% | -19.8% | - |
| Operating income growth (YoY) | - | - | - | - | - | - | -16.1% | - | -68.8% | - |
| Net income growth (YoY) | 91.5% | - | -91.6% | - | - | - | 3760.9% | - | 512.2% | - |
| EPS growth (YoY) | 88.9% | - | -90.9% | - | - | - | 4300.0% | - | 500.0% | - |
| EPS CAGR (3y) | - | - | - | 0.0% | - | - | 132.5% | - | 91.3% | - |
| EPS CAGR (5y) | - | - | 21.7% | -28.5% | - | - | 33.2% | - | 12.8% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | 1.1% | - |
| Book value growth (YoY) | 0.2% | -2.0% | -1.7% | 9.4% | 9.4% | 19.3% | 7.0% | -4.6% | -2.5% | -7.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$272.69M totalPetrochemical Segment$234.09M · 85.8%
Specialty Wax Segment$38.60M · 14.2%
Product / service
$272.69M totalProduct$257.54M · 94.4%
Service$15.15M · 5.6%
Peer comparison
Same SIC group: Petroleum Refining
Comparing TRECORA RESOURCES against the 5 most active filers in the same SIC group.