Trecora Resources (TREC) Financial Statements (2026 and earlier)

Company Profile

Business Address 1650 HWY 6 SOUTH, SUITE 190
SUGAR LAND, TX 77478
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 2911 - Petroleum Refining (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2022
MRQ
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 30,53555,6646,1456,7353,0288,389
Cash and cash equivalent 30,53555,6646,1456,7353,0288,389
Receivables 32,81128,08926,50227,29431,36326,176
Inventory, net of allowances, customer advances and progress billings 21,13412,94513,62416,53918,45017,871
Inventory 21,13412,94513,62416,53918,45017,871
Prepaid expense 1,6994,5421,8816487721,405
Deferred tax assets✕✕✕✕  1,615
Other undisclosed current assets 2,6144,65635,9384,0163,6522,106
Total current assets: 88,793105,89684,09055,23257,26557,562
Noncurrent Assets
Operating lease, right-of-use asset 8,17010,528 ✕✕✕
Property, plant and equipment 301,224 188,919194,657181,742140,009
Long-term investments and receivables     45,12549,386
Long-term investments     45,12549,386
Intangible assets, net (including goodwill) 11,05612,89314,73640,74542,60644,467
Goodwill    21,79821,79821,798
Intangible assets, net (excluding goodwill) 11,05612,89314,73618,94720,80822,669
Regulated entity, other noncurrent assets  500    
Other noncurrent assets      87
Other undisclosed noncurrent assets (115,703)187,01614,07439,334588588
Total noncurrent assets: 204,747210,937217,729274,736270,061234,537
TOTAL ASSETS: 293,540316,833301,819329,968327,326292,099
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 17,94821,30420,34324,54522,30815,323
Accounts payable 12,07514,44714,60319,10618,34713,306
Accrued liabilities 5,8736,8575,7405,4393,9612,017
Debt 4,1944,1946,5124,3878,06110,145
Derivative instruments and hedges, liabilities      58
Postemployment benefits liability   219305316
Other liabilities 626891922733  
Deferred revenue and credits✕✕✕✕✕870870
Other undisclosed current liabilities 3,2273,195856(193)  
Total current liabilities: 25,99529,58428,63529,49131,54426,712
Noncurrent Liabilities
Long-term debt and lease obligation 42,63049,23482,99398,28891,02173,107
Long-term debt, excluding current maturities 37,70741,90179,09598,28891,02173,107
Capital lease obligations✕✕✕3,898   
Liabilities, other than long-term debt 24,94227,48593317,02819,75027,904
Deferred revenue and credits✕✕✕✕✕1,6112,309
Deferred tax liabilities, net✕✕✕✕15,67617,24224,698
Deferred income tax liabilities 24,52526,517 ✕✕✕
Liability, pension and other postretirement and postemployment benefits  320338358897897
Other liabilities 417648595994  
Operating lease, liability 4,9237,333 ✕✕✕
Other undisclosed noncurrent liabilities  6,12317,815   
Total noncurrent liabilities: 67,57282,842101,741115,316110,771101,011
Total liabilities: 93,567112,426130,376144,807142,315127,723
Equity
Equity, attributable to parent 199,973204,118171,154184,872184,722164,087
Common stock 2,4992,4832,4752,4632,4512,451
Treasury stock, value (11,486)  (8)(196)(284)
Additional paid in capital 63,26061,31159,53058,29456,01253,474
Retained earnings 145,700140,324109,149124,123126,455108,446
Equity, attributable to noncontrolling interest  289289289289289
Total equity: 199,973204,407171,443185,161185,011164,376
TOTAL LIABILITIES AND EQUITY: 293,540316,833301,819329,968327,326292,099

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 272,690208,626258,959287,932245,143212,399
Revenue, net✕✕✕✕✕245,143212,399
Cost of revenue
(Cost of Product and Service Sold)		 (244,114)(179,948)(220,444)(260,114)(203,582)(172,497)
Gross profit: 28,57628,67838,51527,81841,56139,902
Operating expenses (27,005)(25,740)(49,378)(25,483)(23,459)(21,195)
Other undisclosed operating loss (4,655)     
Operating income (loss): (3,084)2,938(10,863)2,33518,10218,707
Nonoperating income (expense) 5,683(1,935)(5,587)(5,474)(7,252)11,225
Investment income, nonoperating 279(39)(680)  11,549
Other nonoperating income (expense) 486595232(158)(60)(28)
Interest and debt expense 6,123(2,491)(5,139)(315)(2,931)(1,985)
Income (loss) from continuing operations before equity method investments, income taxes: 8,722(1,488)(21,589)(3,454)7,91927,947
Other undisclosed income (loss) from continuing operations before income taxes (6,123)2,4915,1393152,9311,985
Income (loss) from continuing operations before income taxes: 2,5991,003(16,450)(3,139)10,85029,932
Income tax expense (benefit) 2,3643,9633,5668077,159(10,504)
Income (loss) from continuing operations: 4,9634,966(12,884)(2,332)18,00919,428
Income (loss) before gain (loss) on sale of properties:✕4,96331,175(14,974)(2,332)18,00919,428
Income (loss) from discontinued operations  26,209(2,090)   
Net income (loss) available to common stockholders, diluted: 4,96331,175(14,974)(2,332)18,00919,428

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss): 4,96331,175(14,974)(2,332)18,00919,428
Comprehensive income (loss), net of tax, attributable to parent: 4,96331,175(14,974)(2,332)18,00919,428

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: