Freightcar America, Inc. (RAIL) Financial Statements (2024 and earlier)

Company Profile

Business Address 125 SOUTH WACKER DRIVE
CHICAGO, IL 60606
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3743 - Railroad Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
ASSETS
Current Assets
Receivables14,01024,22212,13517,51421,23841,916
Inventory, net of allowances, customer advances and progress billings122,07188,76980,86164,31784,21875,845
Inventory122,07188,76980,86164,31784,21875,845
Prepaid expense6,23915,6507,1785,4708,09411,188
Disposal group, including discontinued operation   3,6753,675  
Other undisclosed current assets15,37911,99927,79937,91218,37121,531
Total current assets:157,699140,640131,648128,888131,921150,480
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization31,69432,16032,62633,093  
Operating lease, right-of-use asset2,9261,2211,3311,59615,72516,033
Property, plant and equipment29,34426,62424,78323,24821,13719,284
Other noncurrent assets6445291,0651,5894,5716,705
Other undisclosed noncurrent assets7,0027,07011,21611,32419,69719,852
Total noncurrent assets:71,61067,60471,02170,85061,13061,874
TOTAL ASSETS:229,309208,244202,669199,738193,051212,354
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities51,61141,77856,60649,29046,52849,309
Employee-related liabilities1,0501,271
Accounts payable51,61141,77855,76648,44944,42846,767
Accrued liabilities   8408411,0501,271
Deferred revenue 19,64419,644   18,706
Debt 22,29340,54841,347  
Estimated litigation liability      400
Other liabilities4,6356,6848,2816,5399,0285,626
Due to related parties1,4303,3931,9445,454
Other undisclosed current liabilities9,5676,4865,2145,4166,7896,623
Total current liabilities:85,45796,885112,079105,98564,28986,118
Noncurrent Liabilities
Long-term debt and lease obligation63,81132,91386,85384,739107,46897,955
Long-term debt, excluding current maturities 31,062 53,77351,49491,59781,960
Finance lease, liability32,74932,91333,08033,245  
Liabilities, other than long-term debt4,5553,4335,8366,5704,3703,934
Liability, pension and other postretirement and postemployment benefits7091,1761,1121,040  
Other liabilities5625632,9873,7504,3703,934
Operating lease, liability3,2841,6941,7371,78015,87115,995
Other undisclosed noncurrent liabilities36,44140,71430,41531,02835,77234,498
Total noncurrent liabilities:104,80777,060123,104122,337147,610136,387
Total liabilities:190,264173,945235,183228,322211,899222,505
Equity
Equity, attributable to parent(44,269)(48,954)(32,514)(28,584)(18,848)(10,151)
Common stock210210208203201198
Additional paid in capital93,35192,63390,16589,10487,70486,380
Accumulated other comprehensive income (loss)2,0191,0991,0631,0222,427(5,355)
Accumulated deficit(139,849)(142,896)(123,950)(118,913)(109,180)(91,374)
Total equity:(44,269)(48,954)(32,514)(28,584)(18,848)(10,151)
Other undisclosed liabilities and equity83,31483,253    
TOTAL LIABILITIES AND EQUITY:229,309208,244202,669199,738193,051212,354

Income Statement (P&L) ($ in thousands)

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
Revenues61,89488,59680,999128,98985,74356,786
Cost of revenue(52,669)(75,641)(73,514)(124,367)(81,189)(50,197)
Gross profit:9,22512,9557,4854,6224,5546,589
Operating expenses(7,511)(5,851)(6,388)(6,349)(7,112)(4,053)
Other undisclosed operating income (loss)(313)622 (4,515)(8,105) 
Operating income (loss):1,4017,7261,097(6,242)(10,663)2,536
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(228)(69)(36)79190661
Interest and debt expense  (14,880)    
Other undisclosed loss from continuing operations before equity method investments, income taxes    (1,355)  
Income (loss) from continuing operations before equity method investments, income taxes:1,173(7,223)1,061(7,518)(10,473)3,197
Other undisclosed income (loss) from continuing operations before income taxes2,236(11,106)(5,987)(1,775)(7,361)12,989
Income (loss) from continuing operations before income taxes:3,409(18,329)(4,926)(9,293)(17,834)16,186
Income tax expense (benefit)(216)(560)(111)(440)28(1,647)
Income (loss) from continuing operations:3,193(18,889)(5,037)(9,733)(17,806)14,539
Income (loss) before gain (loss) on sale of properties:(17,806)14,539
Net income (loss) attributable to parent:3,193(18,889)(5,037)(9,733)(17,806)14,539
Other undisclosed net loss available to common stockholders, basic(4,069)(1,669)    
Net income (loss) available to common stockholders, diluted:(876)(20,558)(5,037)(9,733)(17,806)14,539

Comprehensive Income ($ in thousands)

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
Net income (loss):3,193(18,889)(5,037)(9,733)(17,806)14,539
Other comprehensive income (loss)9203641(1,405)7,78283
Comprehensive income (loss), net of tax, attributable to parent:4,113(18,853)(4,996)(11,138)(10,024)14,622

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: