TGLS: Tecnoglass Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Tecnoglass Inc (TGLS).
$3.73B Market Cap.
TGLS Market Cap. (MRY)
TGLS Shares Outstanding (MRY)
TGLS Assets (MRY)
Total Assets
$1.02B
Total Liabilities
$385.46M
Total Investments
$65.91M
TGLS Income (MRY)
Revenue
$890.18M
Net Income
$161.31M
Operating Expense
$152.97M
TGLS Cash Flow (MRY)
CF Operations
$170.53M
CF Investing
-$77.29M
CF Financing
-$84.55M
TGLS Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,016,648,000 (5.60%) | $962,717,000 (31.11%) | $734,308,000 (24.13%) | $591,563,000 (11.59%) |
Assets Current | $560,010,000 (4.53%) | $535,760,000 (23.98%) | $432,134,000 (32.44%) | $326,275,000 (14.42%) |
Assets Non-Current | $456,638,000 (6.95%) | $426,957,000 (41.30%) | $302,174,000 (13.90%) | $265,288,000 (8.30%) |
Goodwill & Intangible Assets | $27,950,000 (3.38%) | $27,036,000 (2.93%) | $26,267,000 (-2.35%) | $26,898,000 (-6.19%) |
Shareholders Equity | $631,183,000 (15.18%) | $548,020,000 (57.11%) | $348,820,000 (43.04%) | $243,862,000 (17.25%) |
Property Plant & Equipment Net | $344,433,000 (6.11%) | $324,591,000 (60.00%) | $202,865,000 (21.75%) | $166,629,000 (9.28%) |
Cash & Equivalents | $134,882,000 (4.15%) | $129,508,000 (24.92%) | $103,671,000 (21.95%) | $85,011,000 (25.63%) |
Accumulated Other Comprehensive Income | -$101,161,000 (-120.57%) | -$45,863,000 (56.81%) | -$106,187,000 (-54.45%) | -$68,751,000 (-58.00%) |
Deferred Revenue | $97,979,000 (35.06%) | $72,543,000 (46.25%) | $49,601,000 (9.71%) | $45,213,000 (65.97%) |
Total Investments | $65,909,000 (3.83%) | $63,477,000 (5.99%) | $59,888,000 (12.70%) | $53,137,000 (6.44%) |
Investments Current | $2,645,000 (-9.01%) | $2,907,000 (41.87%) | $2,049,000 (3.64%) | $1,977,000 (-17.18%) |
Investments Non-Current | $63,264,000 (4.45%) | $60,570,000 (4.72%) | $57,839,000 (13.06%) | $51,160,000 (7.63%) |
Inventory | $139,642,000 (-12.21%) | $159,070,000 (27.26%) | $124,997,000 (47.10%) | $84,975,000 (4.59%) |
Trade & Non-Trade Receivables | $205,589,000 (22.46%) | $167,885,000 (4.23%) | $161,069,000 (37.92%) | $116,786,000 (23.52%) |
Trade & Non-Trade Payables | $108,707,000 (20.41%) | $90,282,000 (-5.47%) | $95,509,000 (32.75%) | $71,944,000 (54.51%) |
Accumulated Retained Earnings (Deficit) | $538,787,000 (34.68%) | $400,035,000 (70.77%) | $234,254,000 (157.29%) | $91,045,000 (204.23%) |
Tax Assets | $285,000 (68.64%) | $169,000 (-69.71%) | $558,000 (-6.38%) | $596,000 (122.39%) |
Tax Liabilities | $11,419,000 (-27.70%) | $15,793,000 (204.30%) | $5,190,000 (51.89%) | $3,417,000 (7.79%) |
Total Debt | $109,307,000 (-35.70%) | $170,006,000 (0.31%) | $169,484,000 (-14.86%) | $199,055,000 (-11.33%) |
Debt Current | $1,087,000 (-84.48%) | $7,002,000 (1289.29%) | $504,000 (-95.29%) | $10,700,000 (506.58%) |
Debt Non-Current | $108,220,000 (-33.61%) | $163,004,000 (-3.54%) | $168,980,000 (-10.29%) | $188,355,000 (-15.43%) |
Total Liabilities | $385,465,000 (-7.05%) | $414,697,000 (8.00%) | $383,983,000 (10.70%) | $346,865,000 (7.87%) |
Liabilities Current | $265,826,000 (12.69%) | $235,886,000 (12.43%) | $209,802,000 (35.34%) | $155,015,000 (64.81%) |
Liabilities Non-Current | $119,639,000 (-33.09%) | $178,811,000 (2.66%) | $174,181,000 (-9.21%) | $191,850,000 (-15.68%) |
TGLS Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $890,181,000 (6.83%) | $833,265,000 (16.29%) | $716,570,000 (44.24%) | $496,785,000 (31.91%) |
Cost of Revenue | $510,209,000 (15.35%) | $442,331,000 (20.50%) | $367,071,000 (24.77%) | $294,201,000 (24.05%) |
Selling General & Administrative Expense | $152,971,000 (16.62%) | $131,172,000 (6.57%) | $123,084,000 (43.79%) | $85,599,000 (16.09%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $152,971,000 (16.62%) | $131,172,000 (6.57%) | $123,084,000 (43.79%) | $85,599,000 (16.09%) |
Interest Expense | $7,433,000 (-19.01%) | $9,178,000 (12.53%) | $8,156,000 (-17.20%) | $9,850,000 (-54.55%) |
Income Tax Expense | $63,849,000 (-18.04%) | $77,904,000 (4.21%) | $74,758,000 (162.45%) | $28,485,000 (118.56%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $161,309,000 (-12.10%) | $183,510,000 (17.32%) | $156,412,000 (128.58%) | $68,428,000 (187.02%) |
Net Income to Non-Controlling Interests | $0 (0%) | $628,000 (-6.13%) | $669,000 (141.52%) | $277,000 (914.71%) |
Net Income | $161,309,000 (-11.80%) | $182,882,000 (17.43%) | $155,743,000 (128.53%) | $68,151,000 (185.45%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $161,309,000 (-11.80%) | $182,882,000 (17.43%) | $155,743,000 (128.53%) | $68,151,000 (185.45%) |
Weighted Average Shares | $46,996,168 (-1.08%) | $47,508,980 (-0.35%) | $47,674,773 (0.00%) | $47,674,773 (2.75%) |
Weighted Average Shares Diluted | $46,996,168 (-1.08%) | $47,508,980 (-0.35%) | $47,674,773 (0.00%) | $47,674,773 (2.75%) |
Earning Before Interest & Taxes (EBIT) | $232,591,000 (-13.84%) | $269,964,000 (13.12%) | $238,657,000 (124.12%) | $106,486,000 (81.78%) |
Gross Profit | $379,972,000 (-2.80%) | $390,934,000 (11.86%) | $349,499,000 (72.52%) | $202,584,000 (45.28%) |
Operating Income | $227,001,000 (-12.61%) | $259,762,000 (14.73%) | $226,415,000 (93.54%) | $116,985,000 (78.04%) |
TGLS Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$77,289,000 (-1.67%) | -$76,017,000 (-4.73%) | -$72,584,000 (-42.99%) | -$50,761,000 (-180.28%) |
Net Cash Flow from Financing | -$84,549,000 (-97.69%) | -$42,768,000 (4.54%) | -$44,801,000 (-2.31%) | -$43,789,000 (-30.57%) |
Net Cash Flow from Operations | $170,532,000 (22.84%) | $138,827,000 (-2.18%) | $141,920,000 (21.04%) | $117,253,000 (63.51%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $5,374,000 (-79.20%) | $25,837,000 (38.46%) | $18,660,000 (7.59%) | $17,343,000 (-10.00%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $2,274,000 (17.04%) | $1,943,000 (254.57%) | -$1,257,000 (-302.09%) | $622,000 (201.94%) |
Capital Expenditure | -$79,563,000 (-2.06%) | -$77,960,000 (-9.30%) | -$71,327,000 (-38.81%) | -$51,383,000 (-180.52%) |
Issuance (Repayment) of Debt Securities | -$62,015,000 (-31740.31%) | $196,000 (100.61%) | -$31,932,000 (17.16%) | -$38,546,000 (-29.63%) |
Issuance (Purchase) of Equity Shares | -$291,000 (98.76%) | -$23,537,000 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$19,743,000 (-20.19%) | -$16,427,000 (-27.65%) | -$12,869,000 (-145.45%) | -$5,243,000 (-37.94%) |
Effect of Exchange Rate Changes on Cash | -$3,320,000 (-157.29%) | $5,795,000 (198.64%) | -$5,875,000 (-9.61%) | -$5,360,000 (-574.21%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $26,470,000 (20.99%) | $21,878,000 (11.13%) | $19,686,000 (-5.91%) | $20,923,000 (1.45%) |
TGLS Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 42.70% (-8.96%) | 46.90% (-3.89%) | 48.80% (19.61%) | 40.80% (10.27%) |
Profit Margin | 18.10% (-17.35%) | 21.90% (0.92%) | 21.70% (58.39%) | 13.70% (117.46%) |
EBITDA Margin | 29.10% (-16.86%) | 35.00% (-3.05%) | 36.10% (41.02%) | 25.60% (21.90%) |
Return on Average Equity (ROAE) | 27.00% (-28.38%) | 37.70% (-25.93%) | 50.90% (68.54%) | 30.20% (117.27%) |
Return on Average Assets (ROAA) | 16.40% (-18.81%) | 20.20% (-12.55%) | 23.10% (92.50%) | 12.00% (166.67%) |
Return on Sales (ROS) | 26.10% (-19.44%) | 32.40% (-2.70%) | 33.30% (55.61%) | 21.40% (37.18%) |
Return on Invested Capital (ROIC) | 32.30% (-17.81%) | 39.30% (-10.27%) | 43.80% (120.10%) | 19.90% (97.03%) |
Dividend Yield | 0.60% (-25.00%) | 0.80% (-11.11%) | 0.90% (50.00%) | 0.60% (-62.50%) |
Price to Earnings Ratio (P/E) | 23.13 (94.77%) | 11.87 (26.17%) | 9.41 (-48.62%) | 18.32 (34.40%) |
Price to Sales Ratio (P/S) | 4.19 (60.71%) | 2.61 (27.31%) | 2.05 (-18.54%) | 2.51 (193.57%) |
Price to Book Ratio (P/B) | 5.91 (50.32%) | 3.93 (-6.56%) | 4.21 (-17.87%) | 5.12 (221.41%) |
Debt to Equity Ratio (D/E) | 0.61 (-19.29%) | 0.76 (-31.24%) | 1.1 (-22.57%) | 1.42 (-8.02%) |
Earnings Per Share (EPS) | 3.43 (-10.91%) | 3.85 (17.74%) | 3.27 (128.67%) | 1.43 (180.39%) |
Sales Per Share (SPS) | 18.94 (8.00%) | 17.54 (16.69%) | 15.03 (44.24%) | 10.42 (28.37%) |
Free Cash Flow Per Share (FCFPS) | 1.94 (51.13%) | 1.28 (-13.50%) | 1.48 (7.16%) | 1.38 (20.07%) |
Book Value Per Share (BVPS) | 13.43 (16.44%) | 11.54 (57.65%) | 7.32 (43.05%) | 5.12 (14.10%) |
Tangible Assets Book Value Per Share (TABVPS) | 21.04 (6.82%) | 19.7 (32.62%) | 14.85 (25.39%) | 11.84 (9.60%) |
Enterprise Value Over EBIT (EV/EBIT) | 16 (100.00%) | 8 (33.33%) | 6 (-53.85%) | 13 (44.44%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 14.4 (90.69%) | 7.55 (25.77%) | 6 (-43.94%) | 10.71 (66.86%) |
Asset Turnover | 0.9 (-1.95%) | 0.92 (-13.35%) | 1.06 (21.18%) | 0.88 (22.63%) |
Current Ratio | 2.11 (-7.22%) | 2.27 (10.24%) | 2.06 (-2.14%) | 2.1 (-30.57%) |
Dividends | $0.48 (33.33%) | $0.36 (28.57%) | $0.28 (90.48%) | $0.15 (33.64%) |
Free Cash Flow (FCF) | $90,969,000 (49.46%) | $60,867,000 (-13.78%) | $70,593,000 (7.17%) | $65,870,000 (23.37%) |
Enterprise Value (EV) | $3,730,233,037 (69.27%) | $2,203,754,369 (42.07%) | $1,551,207,765 (13.69%) | $1,364,469,305 (168.44%) |
Earnings Before Tax (EBT) | $225,158,000 (-13.66%) | $260,786,000 (13.14%) | $230,501,000 (138.52%) | $96,636,000 (161.83%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $259,061,000 (-11.23%) | $291,842,000 (12.97%) | $258,343,000 (102.77%) | $127,409,000 (60.87%) |
Invested Capital | $697,297,000 (-5.81%) | $740,293,000 (31.25%) | $564,052,000 (7.71%) | $523,694,000 (-7.18%) |
Working Capital | $294,184,000 (-1.90%) | $299,874,000 (34.88%) | $222,332,000 (29.82%) | $171,260,000 (-10.38%) |
Tangible Asset Value | $988,698,000 (5.67%) | $935,681,000 (32.15%) | $708,041,000 (25.39%) | $564,665,000 (12.61%) |
Market Capitalization | $3,727,667,037 (73.15%) | $2,152,901,369 (46.76%) | $1,466,952,765 (17.49%) | $1,248,602,305 (276.83%) |
Average Equity | $598,244,000 (23.34%) | $485,032,250 (58.41%) | $306,192,500 (35.60%) | $225,813,500 (31.84%) |
Average Assets | $984,245,000 (8.95%) | $903,374,000 (34.15%) | $673,393,000 (18.97%) | $566,022,500 (7.59%) |
Invested Capital Average | $720,068,500 (4.70%) | $687,731,000 (26.13%) | $545,234,750 (2.09%) | $534,080,500 (-7.49%) |
Shares | 46,995,298 (-0.22%) | 47,099,133 (-1.21%) | 47,674,773 (0.00%) | 47,674,773 (0.00%) |
