SLND: Southland Holdings Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Southland Holdings Inc (SLND).
$156.34M Market Cap.
SLND Market Cap. (MRY)
SLND Shares Outstanding (MRY)
SLND Assets (MRY)
Total Assets
$1.20B
Total Liabilities
$1.03B
Total Investments
$131.99M
SLND Income (MRY)
Revenue
$980.18M
Net Income
-$105.36M
Operating Expense
$63.27M
SLND Cash Flow (MRY)
CF Operations
$1.93M
CF Investing
$3.23M
CF Financing
$18.78M
SLND Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $1,203,649,000 (0.21%) | $1,201,068,000 (6.73%) | $1,125,305,000 (8.65%) | $1,035,753,000 (-7.57%) |
Assets Current | $881,652,000 (-6.46%) | $942,536,000 (8.67%) | $867,304,000 (16.18%) | $746,516,000 (-7.28%) |
Assets Non-Current | $321,997,000 (24.55%) | $258,532,000 (0.21%) | $258,001,000 (-10.80%) | $289,237,000 (-8.33%) |
Goodwill & Intangible Assets | $2,708,000 (-15.64%) | $3,210,000 (-14.31%) | $3,746,000 (-21.02%) | $4,743,000 (-27.50%) |
Shareholders Equity | $163,658,000 (-34.44%) | $249,622,000 (-28.56%) | $349,438,000 (19.96%) | $291,294,000 (12.46%) |
Property Plant & Equipment Net | $131,225,000 (14.47%) | $114,642,000 (-12.47%) | $130,977,000 (-23.78%) | $171,847,000 (-15.99%) |
Cash & Equivalents | $87,561,000 (37.20%) | $63,820,000 (-11.35%) | $71,991,000 (-35.28%) | $111,242,000 (-38.33%) |
Accumulated Other Comprehensive Income | -$3,902,000 (-167.26%) | -$1,460,000 (43.32%) | -$2,576,000 (-174.92%) | -$937,000 (46.03%) |
Deferred Revenue | $249,706,000 (29.15%) | $193,351,000 (46.97%) | $131,557,000 (18.22%) | $111,286,000 (-60.92%) |
Total Investments | $131,994,000 (3.55%) | $127,473,000 (6.61%) | $119,575,000 (9.24%) | $109,461,000 (9.15%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $131,994,000 (3.55%) | $127,473,000 (6.61%) | $119,575,000 (9.24%) | $109,461,000 (9.15%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $291,584,000 (-4.22%) | $304,431,000 (17.83%) | $258,360,000 (8.70%) | $237,673,000 (3.13%) |
Trade & Non-Trade Payables | $225,292,000 (10.76%) | $203,414,000 (27.08%) | $160,062,000 (-10.66%) | $179,161,000 (20.39%) |
Accumulated Retained Earnings (Deficit) | -$124,618,000 (-547.27%) | -$19,253,000 (0%) | $0 (0%) | -$8,203,926 |
Tax Assets | $54,531,000 (374.35%) | $11,496,000 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $292,000 (-88.54%) | $2,548,000 (-24.88%) | $3,392,000 (-43.11%) | $5,962,000 (-4.36%) |
Total Debt | $362,513,000 (13.40%) | $319,687,000 (6.49%) | $300,204,000 (10.99%) | $270,474,000 (13.21%) |
Debt Current | $54,629,000 (-12.64%) | $62,535,000 (-0.57%) | $62,894,000 (2.46%) | $61,381,000 (13.70%) |
Debt Non-Current | $307,884,000 (19.73%) | $257,152,000 (8.36%) | $237,310,000 (13.49%) | $209,093,000 (13.07%) |
Total Liabilities | $1,028,240,000 (9.33%) | $940,504,000 (22.87%) | $765,421,000 (4.37%) | $733,402,000 (-14.52%) |
Liabilities Current | $621,142,000 (6.37%) | $583,967,000 (22.66%) | $476,097,000 (1.97%) | $466,885,000 (-23.17%) |
Liabilities Non-Current | $407,098,000 (14.18%) | $356,537,000 (23.23%) | $289,324,000 (8.56%) | $266,517,000 (6.47%) |
SLND Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $980,179,000 (-15.53%) | $1,160,417,000 (-0.09%) | $1,161,431,000 (-9.21%) | $1,279,186,000 (20.91%) |
Cost of Revenue | $1,043,219,000 (-7.24%) | $1,124,603,000 (10.20%) | $1,020,497,000 (-12.40%) | $1,164,998,000 (20.78%) |
Selling General & Administrative Expense | $63,274,000 (-5.84%) | $67,195,000 (15.39%) | $58,231,000 (0.16%) | $58,136,000 (17.08%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $63,274,000 (-5.84%) | $67,195,000 (15.39%) | $58,231,000 (0.16%) | $58,136,000 (17.08%) |
Interest Expense | $29,512,000 (51.57%) | $19,471,000 (119.00%) | $8,891,000 (22.55%) | $7,255,000 (-10.39%) |
Income Tax Expense | -$46,892,000 (-449.92%) | -$8,527,000 (-164.16%) | $13,290,000 (21.43%) | $10,945,000 (16.36%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$105,528,000 (-463.87%) | -$18,715,000 (-129.87%) | $62,650,000 (50.85%) | $41,530,000 (37.74%) |
Net Income to Non-Controlling Interests | -$163,000 (-130.30%) | $538,000 (-74.48%) | $2,108,000 (-24.98%) | $2,810,000 (179.92%) |
Net Income | -$105,365,000 (-447.27%) | -$19,253,000 (-131.80%) | $60,542,000 (56.36%) | $38,720,000 (15.01%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$105,365,000 (-447.27%) | -$19,253,000 (-131.80%) | $60,542,000 (56.36%) | $38,720,000 (15.01%) |
Weighted Average Shares | $48,073,973 (2.09%) | $47,088,813 (31.13%) | $35,911,000 (183.34%) | $12,673,976 |
Weighted Average Shares Diluted | $48,073,973 (2.09%) | $47,088,813 | - | $12,673,976 |
Earning Before Interest & Taxes (EBIT) | -$122,745,000 (-1377.25%) | -$8,309,000 (-110.04%) | $82,723,000 (45.33%) | $56,920,000 (11.24%) |
Gross Profit | -$63,040,000 (-276.02%) | $35,814,000 (-74.59%) | $140,934,000 (23.42%) | $114,188,000 (22.26%) |
Operating Income | -$126,314,000 (-302.52%) | -$31,381,000 (-137.94%) | $82,703,000 (47.55%) | $56,052,000 (28.13%) |
SLND Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | $3,228,000 (-28.07%) | $4,488,000 (-19.31%) | $5,562,000 (165.44%) | -$8,499,000 (-104.34%) |
Net Cash Flow from Financing | $18,781,000 (825.14%) | -$2,590,000 (-112.86%) | $20,135,000 (-34.21%) | $30,604,000 (163.82%) |
Net Cash Flow from Operations | $1,927,000 (118.77%) | -$10,264,000 (84.50%) | -$66,202,000 (26.91%) | -$90,573,000 (-80.53%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $23,741,000 (390.55%) | -$8,171,000 (79.18%) | -$39,251,000 (43.24%) | -$69,154,000 (-170.09%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $4,131,000 (962.42%) | -$479,000 (-556.16%) | -$73,000 (93.92%) | -$1,201,000 (83.49%) |
Capital Expenditure | -$903,000 (55.58%) | -$2,033,000 (-138.37%) | $5,299,000 (170.22%) | -$7,546,000 (68.24%) |
Issuance (Repayment) of Debt Securities | $17,395,000 (191.09%) | -$19,097,000 (-184.53%) | $22,592,000 (-30.72%) | $32,609,000 (179.57%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $17,088,000 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | -$110,000 (95.52%) | -$2,457,000 (6.22%) | -$2,620,000 (0%) |
Effect of Exchange Rate Changes on Cash | -$195,000 (-200.00%) | $195,000 (-84.45%) | $1,254,000 (282.80%) | -$686,000 (-170.87%) |
Share Based Compensation | $2,049,000 (129.97%) | $891,000 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $23,298,000 (-23.69%) | $30,529,000 (-33.19%) | $45,697,000 (-3.73%) | $47,468,000 (20.57%) |
SLND Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | -6.40% (-306.45%) | 3.10% (-74.38%) | 12.10% (35.96%) | 8.90% (1.14%) |
Profit Margin | -10.70% (-529.41%) | -1.70% (-132.69%) | 5.20% (73.33%) | 3.00% (-6.25%) |
EBITDA Margin | -10.10% (-631.58%) | 1.90% (-82.88%) | 11.10% (35.37%) | 8.20% (-4.65%) |
Return on Average Equity (ROAE) | -55.10% (-625.00%) | -7.60% (-120.77%) | 36.60% (159.57%) | 14.10% |
Return on Average Assets (ROAA) | -8.60% (-437.50%) | -1.60% (-118.18%) | 8.80% (144.44%) | 3.60% |
Return on Sales (ROS) | -12.50% (-1685.71%) | -0.70% (-109.86%) | 7.10% (61.36%) | 4.40% (-8.33%) |
Return on Invested Capital (ROIC) | -14.70% (-1533.33%) | -0.90% (-106.21%) | 14.50% (64.77%) | 8.80% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -1.48 (88.21%) | -12.59 | - | -993 |
Price to Sales Ratio (P/S) | 0.16 (-23.92%) | 0.21 (-33.86%) | 0.32 (222.45%) | 0.1 |
Price to Book Ratio (P/B) | 0.95 (-3.54%) | 0.99 (-5.71%) | 1.05 (-14.22%) | 1.22 |
Debt to Equity Ratio (D/E) | 6.28 (66.75%) | 3.77 (72.05%) | 2.19 (-13.03%) | 2.52 (-24.00%) |
Earnings Per Share (EPS) | -2.19 (-434.15%) | -0.41 | - | -0.01 |
Sales Per Share (SPS) | 20.39 (-17.26%) | 24.64 (-23.80%) | 32.34 (-67.96%) | 100.93 |
Free Cash Flow Per Share (FCFPS) | 0.02 (108.05%) | -0.26 (84.61%) | -1.7 (78.09%) | -7.74 |
Book Value Per Share (BVPS) | 3.4 (-35.79%) | 5.3 (-45.52%) | 9.73 (-57.66%) | 22.98 |
Tangible Assets Book Value Per Share (TABVPS) | 24.98 (-1.80%) | 25.44 (-18.55%) | 31.23 (-61.61%) | 81.35 |
Enterprise Value Over EBIT (EV/EBIT) | -3 (95.31%) | -64 (-1700.00%) | 4 (-33.33%) | 6 |
Enterprise Value Over EBITDA (EV/EBITDA) | -4.27 (-117.93%) | 23.79 (733.35%) | 2.85 (-16.45%) | 3.42 |
Asset Turnover | 0.8 (-18.23%) | 0.98 (-41.93%) | 1.69 (42.58%) | 1.19 |
Current Ratio | 1.42 (-12.08%) | 1.61 (-11.42%) | 1.82 (13.95%) | 1.6 (20.68%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $1,024,000 (108.33%) | -$12,297,000 (79.81%) | -$60,903,000 (37.93%) | -$98,119,000 (-32.71%) |
Enterprise Value (EV) | $424,281,914 (-19.75%) | $528,667,637 (44.21%) | $366,588,347 (2.79%) | $356,651,616 |
Earnings Before Tax (EBT) | -$152,257,000 (-448.08%) | -$27,780,000 (-137.63%) | $73,832,000 (48.66%) | $49,665,000 (15.30%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$99,447,000 (-547.56%) | $22,220,000 (-82.70%) | $128,420,000 (23.02%) | $104,388,000 (15.29%) |
Invested Capital | $854,751,000 (-1.73%) | $869,758,000 (-0.45%) | $873,675,000 (20.78%) | $723,357,000 (28.05%) |
Working Capital | $260,510,000 (-27.35%) | $358,569,000 (-8.34%) | $391,207,000 (39.90%) | $279,631,000 (41.64%) |
Tangible Asset Value | $1,200,941,000 (0.26%) | $1,197,858,000 (6.80%) | $1,121,559,000 (8.78%) | $1,031,010,000 (-7.46%) |
Market Capitalization | $156,342,914 (-36.73%) | $247,122,637 (-32.67%) | $367,010,420 (2.92%) | $356,596,230 |
Average Equity | $191,326,750 (-24.75%) | $254,262,000 (53.52%) | $165,620,944 (-39.81%) | $275,155,000 |
Average Assets | $1,220,316,500 (3.30%) | $1,181,359,500 (72.03%) | $686,712,578 (-36.31%) | $1,078,195,000 |
Invested Capital Average | $835,398,000 (-6.14%) | $890,012,000 (55.60%) | $571,984,989 (-11.20%) | $644,137,500 |
Shares | 48,105,512 (0.45%) | 47,891,984 (33.36%) | 35,911,000 (0.00%) | 35,911,000 |