USDP · Usd Partners LP - 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 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.08M | $19.47M | $21.13M | - | $21.48M | $33.74M | $30.13M | - | $29.76M | $33.52M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $3.79M | $4.15M | $6.58M | - | $4.95M | $7.39M | $5.25M | - | $4.25M | $4.04M |
| Total Operating Expenses | $11.66M | $15.05M | $13.11M | - | $93.94M | $28.53M | $25.39M | - | $24.24M | $24.37M |
| D&A | $1.31M | $1.72M | $1.91M | - | $5.76M | $5.76M | $5.51M | - | $5.60M | $5.50M |
| Operating Income | ($579.0K) | $4.42M | $8.01M | - | ($72.46M) | $5.21M | $4.74M | - | $5.52M | $9.15M |
| Interest Expense | $4.93M | $4.48M | $4.44M | - | $3.13M | $2.10M | $1.39M | - | $1.48M | $1.59M |
| Income Tax | $561.0K | $96.0K | ($272.0K) | - | $546.0K | ($21.0K) | $421.0K | - | $49.0K | $166.0K |
| Net Income | ($2.81M) | $4.63M | $1.98M | - | ($69.35M) | $3.81M | $8.99M | - | $3.81M | $6.72M |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $8.69M | $10.29M | $10.84M | $2.53M | $4.77M | $4.33M | $4.50M | $3.75M | $4.39M | $3.13M |
| Accounts Receivable | - | - | $1.72M | $2.17M | $2.21M | $6.30M | $10.77M | $5.69M | $4.04M | $4.94M |
| Inventory | - | - | - | $0 | $0 | $7.00M | $1.67M | $3.03M | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $41.81M | $40.42M | $41.10M | $13.29M | $17.64M | $28.84M | $32.23M | $26.84M | $22.18M | $20.46M |
| Total Assets | $104.63M | $106.21M | $126.04M | $126.78M | $138.68M | $233.82M | $224.67M | $221.59M | $222.67M | $227.62M |
| Current Liabilities | $209.07M | $204.98M | $228.23M | $230.94M | $19.17M | $27.90M | $31.11M | $27.96M | $21.02M | $20.11M |
| Long-term Debt | $0 | $0 | $0 | $0 | $220.82M | $167.37M | $161.28M | $166.00M | $173.10M | $177.90M |
| Total Liabilities | $213.51M | $211.71M | $238.23M | $239.18M | $245.44M | $264.57M | $199.46M | $202.50M | $205.26M | $211.00M |
| Stockholders' Equity | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($582.0K) | - | - | - | $10.71M | - | - | - |
| Investing Cash Flow | - | - | $32.27M | - | - | - | ($135.0K) | - | - | - |
| Financing Cash Flow | - | - | ($3.01M) | - | - | - | ($9.58M) | - | - | - |
| CapEx | - | - | $375.0K | - | - | - | $135.0K | - | - | - |
| Free Cash Flow | - | - | ($957.0K) | - | - | - | $10.57M | - | - | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -5.2% | 22.7% | 37.9% | - | -337.4% | 15.4% | 15.7% | - | 18.6% | 27.3% |
| EBITDA margin | 6.6% | 31.6% | 47.0% | - | -310.5% | 32.5% | 34.0% | - | 37.4% | 43.7% |
| Net margin | -25.3% | 23.8% | 9.3% | - | -322.9% | 11.3% | 29.8% | - | 12.8% | 20.0% |
| Free cash flow margin | - | - | -4.5% | - | - | - | 35.1% | - | - | - |
| FCF / Net income | - | - | -0.48 | - | - | - | 1.18 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 34.2% | 21.3% | 31.2% | - | 23.1% | 21.9% | 17.4% | - | 14.3% | 12.0% |
| Effective tax rate | - | 2.0% | -16.0% | - | - | -0.6% | 4.5% | - | 1.3% | 2.4% |
| Return on assets | -2.7% | 4.4% | 1.6% | - | -50.0% | 1.6% | 4.0% | - | 1.7% | 3.0% |
| Return on equity | - | - | - | - | - | - | - | - | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.20 | 0.20 | 0.18 | 0.06 | 0.92 | 1.03 | 1.04 | 0.96 | 1.06 | 1.02 |
| Quick ratio | 0.20 | 0.20 | 0.18 | 0.06 | 0.92 | 0.78 | 0.98 | 0.85 | 1.06 | 1.02 |
| Cash ratio | 0.04 | 0.05 | 0.05 | 0.01 | 0.25 | 0.16 | 0.14 | 0.13 | 0.21 | 0.16 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 1.59 | 0.72 | 0.72 | 0.75 | 0.78 | 0.78 |
| Debt / EBITDA | 0.00 | 0.00 | 0.00 | - | - | 15.25 | 15.74 | - | 15.56 | 12.14 |
| Interest coverage | -0.1x | 1.0x | 1.8x | - | -23.2x | 2.5x | 3.4x | - | 3.7x | 5.8x |
| Equity multiplier | - | - | - | - | - | - | - | - | - | - |
| Liabilities / Assets | 2.04 | 1.99 | 1.89 | 1.89 | 1.77 | 1.13 | 0.89 | 0.91 | 0.92 | 0.93 |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | 0.18 | 0.17 | - | 0.15 | 0.14 | 0.13 | - | 0.13 | 0.15 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | 30d | - | 38d | 68d | 131d | - | 50d | 54d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -48.4% | -42.3% | -29.9% | - | -27.8% | 0.7% | -1.5% | - | -5.0% | 22.2% |
| Revenue CAGR (3y) | -29.3% | -10.8% | -11.2% | - | -10.4% | 8.0% | 3.3% | - | 0.2% | 4.3% |
| Revenue CAGR (5y) | -17.8% | -8.0% | -6.6% | - | -5.8% | 4.6% | 1.7% | - | 1.0% | 3.8% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 99.2% | -15.1% | 69.2% | - | - | -43.1% | -22.7% | - | -37.9% | 83.0% |
| Net income growth (YoY) | 96.0% | 21.8% | -78.0% | - | - | -43.3% | 22.7% | - | -38.9% | 466.3% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | -13.1% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | 3.1% | - | - | - |
| Book value growth (YoY) | - | - | - | - | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$122.10M totalTerminalling Services Segment$117.09M · 95.9%
Fleet Services Segment$5.01M · 4.1%
Product / service
$118.44M totalTerminalling Services$113.81M · 96.1%
Fleet Leases$3.94M · 3.3%
Freight And Other Reimbursables$666.0K · 0.6%
Fleet Services$24.0K · 0.0%
Geographic
$114.50M totalCA$82.90M · 72.4%
US$31.60M · 27.6%
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Feb 7, 2023 | $0.1235 |
| Nov 1, 2022 | $0.1235 |
| Aug 2, 2022 | $0.1235 |
| May 3, 2022 | $0.1235 |
| Feb 8, 2022 | $0.1210 |
| Nov 2, 2021 | $0.1185 |
| Aug 3, 2021 | $0.1160 |
| May 4, 2021 | $0.1135 |
| Feb 9, 2021 | $0.1110 |
| Nov 2, 2020 | $0.1110 |
| Aug 3, 2020 | $0.1110 |
| May 4, 2020 | $0.1110 |
| Feb 7, 2020 | $0.3700 |
| Nov 1, 2019 | $0.3675 |
| Aug 5, 2019 | $0.3650 |
| May 6, 2019 | $0.3625 |
| Feb 8, 2019 | $0.3600 |
| Nov 5, 2018 | $0.3575 |
| Aug 6, 2018 | $0.3550 |
| May 4, 2018 | $0.3525 |
| Feb 9, 2018 | $0.3500 |
| Nov 3, 2017 | $0.3450 |
| Aug 3, 2017 | $0.3400 |
| May 4, 2017 | $0.3350 |