USAK · USA Truck 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 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $202.13M | $201.06M | - | $181.00M | $170.03M | $158.50M | - | $141.79M | $123.74M | $126.77M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $196.28M | $182.38M | - | $173.13M | $163.10M | $152.46M | - | $137.35M | $122.74M | $129.09M |
| D&A | $8.99M | $8.02M | - | $8.81M | $9.16M | $9.57M | - | $9.90M | $10.03M | $10.01M |
| Operating Income | $5.85M | $18.68M | - | $7.87M | $6.93M | $6.05M | - | $4.43M | $1.00M | ($2.31M) |
| Interest Expense | $1.54M | $1.42M | - | $992.0K | $1.01M | $1.02M | - | $1.42M | $1.59M | $1.68M |
| Income Tax | $1.03M | $4.09M | - | $1.94M | $1.67M | $1.36M | - | $666.0K | $632.0K | ($1.49M) |
| Net Income | $3.20M | $13.11M | - | $4.81M | $4.19M | $3.60M | - | $2.29M | ($931.0K) | ($2.55M) |
| EPS - Basic | $0.36 | $1.48 | - | $0.55 | $0.48 | $0.41 | - | $0.26 | ($0.11) | ($0.30) |
| EPS - Diluted | $0.36 | $1.45 | - | $0.54 | $0.47 | $0.40 | - | $0.26 | ($0.11) | ($0.30) |
Balance Sheet
| Line item | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | - | - | - | - | - | - | - | $1.16M | $92.0K | $85.0K |
| Accounts Receivable | $116.54M | $100.17M | $100.17M | $84.99M | $80.06M | $81.42M | $63.98M | $65.86M | $53.36M | $53.22M |
| Inventory | $1.24M | $1.30M | $1.39M | $1.40M | $1.40M | $972.0K | $975.0K | $873.0K | $786.0K | $719.0K |
| Accounts Payable | $46.67M | $43.10M | $36.38M | $36.72M | $33.07M | $34.57M | $27.05M | $26.90M | $24.20M | $26.39M |
| Current Assets | $137.33M | $141.61M | $113.01M | $96.28M | $94.14M | $97.70M | $79.54M | $78.11M | $69.94M | $72.99M |
| Total Assets | $411.62M | $400.67M | $364.04M | $344.39M | $343.28M | $356.36M | $350.23M | $342.13M | $342.77M | $353.55M |
| Current Liabilities | $112.17M | $105.23M | $87.20M | $82.80M | $75.90M | $83.88M | $72.97M | $75.11M | $74.26M | $84.52M |
| Long-term Debt | $53.24M | $57.19M | $63.35M | $68.11M | $74.34M | $80.03M | $81.35M | $89.24M | $92.16M | $95.50M |
| Total Liabilities | $283.23M | $276.47M | $252.61M | $245.79M | $250.06M | $267.89M | $265.53M | $263.92M | $267.27M | $277.48M |
| Stockholders' Equity | $128.39M | $124.20M | $111.42M | $98.60M | $93.23M | $88.46M | $84.70M | $78.20M | $75.51M | $76.07M |
| Retained Earnings | $119.59M | $116.39M | $103.28M | $91.12M | $86.31M | $82.11M | $78.52M | $72.58M | $70.29M | $71.22M |
Cash Flow
| Line item | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $13.81M | - | - | - | $5.98M | - | - | - | $2.33M |
| Investing Cash Flow | - | $11.25M | - | - | - | $5.06M | - | - | - | ($10.10M) |
| Financing Cash Flow | - | ($5.82M) | - | - | - | ($8.45M) | - | - | - | $7.76M |
| CapEx | - | $395.0K | - | - | - | - | - | - | - | $11.14M |
| Free Cash Flow | - | $13.42M | - | - | - | - | - | - | - | ($8.80M) |
Ratios
| Metric | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 2.9% | 9.3% | - | 4.3% | 4.1% | 3.8% | - | 3.1% | 0.8% | -1.8% |
| EBITDA margin | 7.3% | 13.3% | - | 9.2% | 9.5% | 9.9% | - | 10.1% | 8.9% | 6.1% |
| Net margin | 1.6% | 6.5% | - | 2.7% | 2.5% | 2.3% | - | 1.6% | -0.8% | -2.0% |
| Free cash flow margin | - | 6.7% | - | - | - | - | - | - | - | -6.9% |
| FCF / Net income | - | 1.02 | - | - | - | - | - | - | - | 3.45 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 24.3% | 23.8% | - | 28.7% | 28.5% | 27.5% | - | 22.5% | - | - |
| Return on assets | 0.8% | 3.3% | - | 1.4% | 1.2% | 1.0% | - | 0.7% | -0.3% | -0.7% |
| Return on equity | 2.5% | 10.6% | - | 4.9% | 4.5% | 4.1% | - | 2.9% | -1.2% | -3.4% |
| Return on invested capital | 2.4% | 7.9% | - | 3.4% | 3.0% | 2.6% | - | 2.1% | 0.5% | -1.1% |
| Liquidity | ||||||||||
| Current ratio | 1.22 | 1.35 | 1.30 | 1.16 | 1.24 | 1.16 | 1.09 | 1.04 | 0.94 | 0.86 |
| Quick ratio | 1.21 | 1.33 | 1.28 | 1.15 | 1.22 | 1.15 | 1.08 | 1.03 | 0.93 | 0.86 |
| Cash ratio | - | - | - | - | - | - | - | 0.02 | 0.00 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | 0.41 | 0.46 | 0.57 | 0.69 | 0.80 | 0.90 | 0.96 | 1.14 | 1.22 | 1.26 |
| Debt / Assets | 0.13 | 0.14 | 0.17 | 0.20 | 0.22 | 0.22 | 0.23 | 0.26 | 0.27 | 0.27 |
| Debt / EBITDA | 3.59 | 2.14 | - | 4.08 | 4.62 | 5.12 | - | 6.23 | 8.35 | 12.40 |
| Interest coverage | 3.8x | 13.2x | - | 7.9x | 6.8x | 5.9x | - | 3.1x | 0.6x | -1.4x |
| Equity multiplier | 3.21 | 3.23 | 3.27 | 3.49 | 3.68 | 4.03 | 4.13 | 4.37 | 4.54 | 4.65 |
| Liabilities / Assets | 0.69 | 0.69 | 0.69 | 0.71 | 0.73 | 0.75 | 0.76 | 0.77 | 0.78 | 0.78 |
| Efficiency | ||||||||||
| Asset turnover | 0.49 | 0.50 | - | 0.53 | 0.50 | 0.44 | - | 0.41 | 0.36 | 0.36 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 210d | 182d | - | 171d | 172d | 187d | - | 170d | 157d | 153d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 18.9% | 26.8% | - | 27.7% | 37.4% | 25.0% | - | 6.9% | -7.4% | -5.4% |
| Revenue CAGR (3y) | 14.8% | 14.5% | - | 10.9% | 7.9% | 8.2% | - | 7.5% | 4.8% | 7.6% |
| Revenue CAGR (5y) | 13.5% | 14.6% | - | 11.4% | 9.1% | 7.5% | - | 2.8% | -1.5% | -0.9% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -15.5% | 209.0% | - | 77.5% | 592.9% | - | - | - | -49.6% | - |
| Net income growth (YoY) | -23.7% | 264.5% | - | 109.7% | - | - | - | - | - | - |
| EPS growth (YoY) | -23.4% | 262.5% | - | 107.7% | - | - | - | - | - | - |
| EPS CAGR (3y) | - | 100.5% | - | 10.5% | 14.9% | 45.4% | - | 73.2% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | 0.0% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | 3.0% |
| FCF CAGR (5y) | - | 26.1% | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 37.7% | 40.4% | 31.6% | 26.1% | 23.5% | 16.3% | 8.3% | -5.2% | -10.1% | -8.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$764.47M totalTrucking$441.12M · 57.7%
USATLogistics$323.36M · 42.3%
Product / service
$441.12M totalFreight$383.33M · 86.9%
Fuel Surcharge$48.04M · 10.9%
Accessorial$9.75M · 2.2%
Geographic
$37.90M totalNon Us$37.90M · 100.0%
Peer comparison
Same SIC group: Trucking (No Local)
Comparing USA TRUCK INC against the 5 most active filers in the same SIC group.