GIFI: Gulf Island Fabrication Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Gulf Island Fabrication Inc (GIFI).
$111.36M Market Cap.
GIFI Market Cap. (MRY)
GIFI Shares Outstanding (MRY)
GIFI Assets (MRY)
Total Assets
$133.22M
Total Liabilities
$40.11M
Total Investments
$38.78M
GIFI Income (MRY)
Revenue
$159.20M
Net Income
$14.74M
Operating Expense
$13.52M
GIFI Cash Flow (MRY)
CF Operations
$18.25M
CF Investing
-$25.96M
CF Financing
-$3.46M
GIFI Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $133,216,000 (3.73%) | $128,428,000 (-4.77%) | $134,866,000 (-0.30%) | $135,273,000 (-42.86%) |
Assets Current | $105,409,000 (3.72%) | $101,627,000 (16.72%) | $87,069,000 (4.05%) | $83,678,000 (-45.22%) |
Assets Non-Current | $27,807,000 (3.75%) | $26,801,000 (-43.93%) | $47,797,000 (-7.36%) | $51,595,000 (-38.56%) |
Goodwill & Intangible Assets | $2,774,000 (-4.90%) | $2,917,000 (-4.64%) | $3,059,000 (-4.44%) | $3,201,000 (0%) |
Shareholders Equity | $93,102,000 (17.89%) | $78,971,000 (-23.05%) | $102,624,000 (-1.24%) | $103,908,000 (-16.52%) |
Property Plant & Equipment Net | $24,051,000 (3.91%) | $23,145,000 (-25.71%) | $31,154,000 (-10.13%) | $34,666,000 (11.19%) |
Cash & Equivalents | $28,481,000 (-28.17%) | $39,651,000 (13.86%) | $34,824,000 (-35.73%) | $54,183,000 (25.54%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $1,278,000 (-76.64%) | $5,470,000 (-33.26%) | $8,196,000 (23.29%) | $6,648,000 (-35.22%) |
Total Investments | $38,784,000 (371.08%) | $8,233,000 (-16.88%) | $9,905,000 (0%) | $0 (0%) |
Investments Current | $38,784,000 (371.08%) | $8,233,000 (-16.88%) | $9,905,000 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $1,907,000 (-7.96%) | $2,072,000 (29.58%) | $1,599,000 (-10.12%) | $1,779,000 (-17.52%) |
Trade & Non-Trade Receivables | $22,487,000 (-38.05%) | $36,298,000 (23.35%) | $29,427,000 (84.08%) | $15,986,000 (13.46%) |
Trade & Non-Trade Payables | $5,801,000 (-31.48%) | $8,466,000 (1.88%) | $8,310,000 (-10.45%) | $9,280,000 (-24.93%) |
Accumulated Retained Earnings (Deficit) | -$26,632,000 (35.63%) | -$41,373,000 (-153.22%) | -$16,339,000 (-25.81%) | -$12,987,000 (-241.46%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $19,005,000 (-4.98%) | $20,000,000 (0%) | $0 (0%) | $0 (0%) |
Debt Current | $1,117,000 (3.91%) | $1,075,000 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $17,888,000 (-5.48%) | $18,925,000 (0%) | $0 (0%) | $0 (0%) |
Total Liabilities | $40,114,000 (-18.89%) | $49,457,000 (53.39%) | $32,242,000 (2.80%) | $31,365,000 (-72.06%) |
Liabilities Current | $21,376,000 (-28.38%) | $29,847,000 (-3.06%) | $30,789,000 (2.79%) | $29,954,000 (-71.66%) |
Liabilities Non-Current | $18,738,000 (-4.45%) | $19,610,000 (1249.62%) | $1,453,000 (2.98%) | $1,411,000 (-78.52%) |
GIFI Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $159,199,000 (5.38%) | $151,067,000 (6.15%) | $142,320,000 (52.29%) | $93,452,000 (-20.62%) |
Cost of Revenue | $136,946,000 (-15.97%) | $162,968,000 (21.23%) | $134,425,000 (46.45%) | $91,788,000 (-26.92%) |
Selling General & Administrative Expense | $13,521,000 (-16.94%) | $16,278,000 (-10.63%) | $18,214,000 (53.73%) | $11,848,000 (-6.89%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $13,521,000 (-16.94%) | $16,278,000 (-10.63%) | $18,214,000 (53.73%) | $11,848,000 (-22.13%) |
Interest Expense | -$2,411,000 (-67.43%) | -$1,440,000 (-1574.42%) | -$86,000 (-121.66%) | $397,000 (48.13%) |
Income Tax Expense | -$51,000 (-24.39%) | -$41,000 (-278.26%) | $23,000 (195.83%) | -$24,000 (53.85%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $17,372,000 (30.55%) |
Consolidated Income | $14,741,000 (160.41%) | -$24,402,000 (-627.98%) | -$3,352,000 (84.88%) | -$22,168,000 (19.17%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $14,741,000 (160.41%) | -$24,402,000 (-627.98%) | -$3,352,000 (84.88%) | -$22,168,000 (19.17%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $14,741,000 (160.41%) | -$24,402,000 (-627.98%) | -$3,352,000 (84.88%) | -$22,168,000 (19.17%) |
Weighted Average Shares | $16,353,048 (0.40%) | $16,287,469 (2.29%) | $15,923,199 (2.39%) | $15,551,891 (1.48%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $12,279,000 (147.44%) | -$25,883,000 (-657.92%) | -$3,415,000 (84.33%) | -$21,795,000 (19.90%) |
Gross Profit | $22,253,000 (286.98%) | -$11,901,000 (-250.74%) | $7,895,000 (374.46%) | $1,664,000 (121.15%) |
Operating Income | $8,732,000 (130.99%) | -$28,179,000 (-173.08%) | -$10,319,000 (-1.33%) | -$10,184,000 (55.88%) |
GIFI Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$25,956,000 (-5060.24%) | -$503,000 (94.33%) | -$8,870,000 (-123.72%) | $37,402,000 (1333.58%) |
Net Cash Flow from Financing | -$3,462,000 (-85.43%) | -$1,867,000 (5.32%) | -$1,972,000 (-70.29%) | -$1,158,000 (-111.75%) |
Net Cash Flow from Operations | $18,248,000 (153.55%) | $7,197,000 (180.66%) | -$8,923,000 (64.04%) | -$24,814,000 (-30.55%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$11,170,000 (-331.41%) | $4,827,000 (124.42%) | -$19,765,000 (-272.92%) | $11,430,000 (274.66%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $886,000 (-96.51%) | $25,419,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$30,552,000 (-1927.27%) | $1,672,000 (116.88%) | -$9,905,000 (-223.81%) | $8,000,000 (-32.21%) |
Capital Expenditure | $4,270,000 (276.45%) | -$2,420,000 (-130.26%) | -$1,051,000 (-135.23%) | $2,983,000 (132.45%) |
Issuance (Repayment) of Debt Securities | -$1,075,000 (14.48%) | -$1,257,000 (27.68%) | -$1,738,000 (-65.52%) | -$1,050,000 (-110.50%) |
Issuance (Purchase) of Equity Shares | -$1,204,000 (-840.63%) | -$128,000 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $1,777,000 (-10.75%) | $1,991,000 (-13.51%) | $2,302,000 (34.78%) | $1,708,000 (51.69%) |
Depreciation Amortization & Accretion | $4,865,000 (-11.00%) | $5,466,000 (7.22%) | $5,098,000 (-5.35%) | $5,386,000 (-37.50%) |
GIFI Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 14.00% (277.22%) | -7.90% (-243.64%) | 5.50% (205.56%) | 1.80% (126.87%) |
Profit Margin | 9.30% (157.41%) | -16.20% (-575.00%) | -2.40% (89.87%) | -23.70% (-1.72%) |
EBITDA Margin | 10.80% (180.00%) | -13.50% (-1225.00%) | 1.20% (106.82%) | -17.60% (-11.39%) |
Return on Average Equity (ROAE) | 16.70% (161.17%) | -27.30% (-727.27%) | -3.30% (84.06%) | -20.70% (-8.95%) |
Return on Average Assets (ROAA) | 11.20% (161.20%) | -18.30% (-632.00%) | -2.50% (82.27%) | -14.10% (-30.56%) |
Return on Sales (ROS) | 7.70% (145.03%) | -17.10% (-612.50%) | -2.40% (89.70%) | -23.30% (-0.87%) |
Return on Invested Capital (ROIC) | 12.20% (133.89%) | -36.00% (-554.55%) | -5.50% (86.18%) | -39.80% (-64.46%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 7.57 (363.84%) | -2.87 (88.26%) | -24.43 (-771.22%) | -2.8 (-64.07%) |
Price to Sales Ratio (P/S) | 0.7 (49.89%) | 0.47 (-18.64%) | 0.57 (-13.94%) | 0.67 (67.59%) |
Price to Book Ratio (P/B) | 1.2 (33.93%) | 0.89 (12.19%) | 0.8 (32.67%) | 0.6 (59.15%) |
Debt to Equity Ratio (D/E) | 0.43 (-31.15%) | 0.63 (99.36%) | 0.31 (3.97%) | 0.3 (-66.52%) |
Earnings Per Share (EPS) | 0.9 (159.60%) | -1.51 (-619.05%) | -0.21 (85.31%) | -1.43 (20.11%) |
Sales Per Share (SPS) | 9.73 (4.96%) | 9.28 (3.77%) | 8.94 (48.74%) | 6.01 (-21.78%) |
Free Cash Flow Per Share (FCFPS) | 1.38 (369.97%) | 0.29 (146.81%) | -0.63 (55.41%) | -1.4 (23.70%) |
Book Value Per Share (BVPS) | 5.69 (17.41%) | 4.85 (-24.76%) | 6.45 (-3.53%) | 6.68 (-17.74%) |
Tangible Assets Book Value Per Share (TABVPS) | 7.98 (3.52%) | 7.71 (-6.91%) | 8.28 (-2.52%) | 8.49 (-45.03%) |
Enterprise Value Over EBIT (EV/EBIT) | 9 (550.00%) | -2 (87.50%) | -16 (-1700.00%) | 1 (0%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 6.33 (392.47%) | -2.17 (-106.78%) | 31.92 (4643.39%) | 0.67 (195.46%) |
Asset Turnover | 1.21 (7.35%) | 1.13 (5.81%) | 1.07 (79.50%) | 0.59 (27.96%) |
Current Ratio | 4.93 (44.82%) | 3.4 (20.40%) | 2.83 (1.22%) | 2.79 (93.36%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $22,518,000 (371.38%) | $4,777,000 (147.89%) | -$9,974,000 (54.31%) | -$21,831,000 (22.59%) |
Enterprise Value (EV) | $108,561,257 (145.60%) | $44,202,741 (-17.73%) | $53,726,011 (586.65%) | -$11,039,917 (-184.16%) |
Earnings Before Tax (EBT) | $14,690,000 (160.10%) | -$24,443,000 (-634.24%) | -$3,329,000 (85.00%) | -$22,192,000 (19.24%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $17,144,000 (183.97%) | -$20,417,000 (-1313.13%) | $1,683,000 (110.26%) | -$16,409,000 (11.75%) |
Invested Capital | $99,590,000 (31.02%) | $76,013,000 (14.83%) | $66,194,000 (38.09%) | $47,935,000 (-51.03%) |
Working Capital | $84,033,000 (17.07%) | $71,780,000 (27.54%) | $56,280,000 (4.76%) | $53,724,000 (14.15%) |
Tangible Asset Value | $130,442,000 (3.93%) | $125,511,000 (-4.78%) | $131,807,000 (-0.20%) | $132,072,000 (-44.21%) |
Market Capitalization | $111,364,257 (57.91%) | $70,524,741 (-13.66%) | $81,686,011 (30.98%) | $62,363,083 (32.98%) |
Average Equity | $88,506,750 (-1.01%) | $89,405,500 (-11.42%) | $100,928,750 (-5.75%) | $107,083,750 (-25.88%) |
Average Assets | $131,251,250 (-1.79%) | $133,643,250 (0.33%) | $133,202,500 (-15.19%) | $157,063,500 (-37.96%) |
Invested Capital Average | $100,731,000 (40.04%) | $71,931,250 (15.05%) | $62,521,750 (14.25%) | $54,723,000 (-51.39%) |
Shares | 16,353,048 (0.40%) | 16,287,469 (2.29%) | 15,923,199 (2.39%) | 15,551,891 (1.48%) |
