FTAI Infrastructure Inc. financial data

Symbol
FIP on Nasdaq
Industry
Railroads, Line-Haul Operating
Location
1345 Avenue Of The Americas, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Former names
FTAI Infrastructure LLC (to 7/25/2022)
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 101 % -48.4%
Debt-to-equity 327 % +58.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 102 M shares +2.26%
Common Stock, Shares, Outstanding 102 M shares +2.26%
Entity Public Float 361 M USD +11.4%
Common Stock, Value, Issued 1.02 M USD +2.21%
Weighted Average Number of Shares Outstanding, Basic 104 M shares +1.36%
Weighted Average Number of Shares Outstanding, Diluted 104 M shares +1.36%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 327 M USD +11.7%
General and Administrative Expense 14.5 M USD +24.3%
Costs and Expenses 367 M USD +6.15%
Nonoperating Income (Expense) -131 M USD -13.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -172 M USD -1.82%
Income Tax Expense (Benefit) 2.55 M USD -44.8%
Earnings Per Share, Basic -1.93 USD/shares -14.2%
Earnings Per Share, Diluted -1.93 USD/shares -13.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 23 M USD -42.5%
Other Assets, Current 46.3 M USD -21.3%
Assets, Current 165 M USD -31.2%
Property, Plant and Equipment, Net 1.61 B USD -4.42%
Operating Lease, Right-of-Use Asset 68.9 M USD -1.77%
Intangible Assets, Net (Excluding Goodwill) 50.7 M USD -13%
Goodwill 275 M USD +5.81%
Other Assets, Noncurrent 70.7 M USD +161%
Assets 2.34 B USD -4.18%
Liabilities, Current 240 M USD +55%
Operating Lease, Liability, Noncurrent 61.6 M USD -1.67%
Liabilities 1.68 B USD +2.09%
Accumulated Other Comprehensive Income (Loss), Net of Tax -200 M USD +19.3%
Retained Earnings (Accumulated Deficit) -222 M USD -155%
Stockholders' Equity Attributable to Parent 403 M USD -28.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 321 M USD -38.4%
Liabilities and Equity 2.34 B USD -4.18%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.88 M USD +68%
Net Cash Provided by (Used in) Financing Activities -454 K USD -101%
Net Cash Provided by (Used in) Investing Activities -18.8 M USD +71.8%
Common Stock, Shares Authorized 2 B shares 0%
Common Stock, Shares, Issued 102 M shares +2.26%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -23.2 M USD +43.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 64.3 M USD -40.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 88.4 M USD +132%
Deferred Tax Assets, Valuation Allowance 215 M USD +0.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 326 M USD +11.9%
Operating Lease, Liability 69.7 M USD -0.76%
Payments to Acquire Property, Plant, and Equipment 12.9 M USD -67.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -87.3 M USD +33.7%
Lessee, Operating Lease, Liability, to be Paid 165 M USD -2.2%
Property, Plant and Equipment, Gross 1.91 B USD -0.05%
Operating Lease, Liability, Current 7.24 M USD +1.66%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.97 M USD +6.06%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.29 M USD +3.97%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 1.81 M USD -55.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 95.5 M USD -3.23%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.29 M USD +0.61%
Deferred Tax Assets, Operating Loss Carryforwards 167 M USD +17.3%
Deferred Federal Income Tax Expense (Benefit) 1.2 M USD -66.4%
Current Income Tax Expense (Benefit) 740 K USD +24.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.82 M USD +2.7%
Operating Lease, Payments 7.19 M USD +2.6%
Additional Paid in Capital 823 M USD -7.84%
Current State and Local Tax Expense (Benefit) 733 K USD +23.8%
Current Federal Tax Expense (Benefit) 7 K USD +250%
Depreciation, Depletion and Amortization 81.4 M USD +10.1%
Deferred Tax Assets, Net of Valuation Allowance 111 M USD +43.1%
Share-based Payment Arrangement, Expense 10.6 M USD +146%
Deferred State and Local Income Tax Expense (Benefit) 603 K USD +40.2%
Interest Expense 104 M USD +48.4%