Fuel Tech, Inc. financial data

Symbol
FTEK on Nasdaq
Industry
Industrial & Commercial Fans & Blowers & Air Purifing Equip
Location
27601 Bella Vista Parkway, Warrenville, Illinois
State of incorporation
Delaware
Fiscal year end
December 31
Former names
FUEL TECH N V (to 10/5/2006)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 695 % -12.9%
Quick Ratio 8.8 % -4.87%
Debt-to-equity 13.9 % +22.1%
Return On Equity -1.92 % 0%
Return On Assets -1.69 % +1.74%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 30.4M shares +0.29%
Common Stock, Shares, Outstanding 30.4M shares +0.29%
Entity Public Float 34.7M USD +7.58%
Common Stock, Value, Issued 313K USD 0%
Weighted Average Number of Shares Outstanding, Basic 30.4M shares +0.29%
Weighted Average Number of Shares Outstanding, Diluted 30.8M shares +1.52%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 24.8M USD -13.7%
Cost of Revenue 13.9M USD -16.1%
Research and Development Expense 1.67M USD +86.9%
Costs and Expenses 28.4M USD -4.85%
Operating Income (Loss) -3.69M USD -207%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -763K USD +5.1%
Income Tax Expense (Benefit) 80K USD +48.1%
Net Income (Loss) Attributable to Parent -843K USD +1.75%
Earnings Per Share, Basic -0.03 USD/shares 0%
Earnings Per Share, Diluted -0.03 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.4M USD -27.5%
Accounts Receivable, after Allowance for Credit Loss, Current 7.1M USD +5.17%
Inventory, Net 537K USD +5.5%
Assets, Current 32.2M USD -9.01%
Property, Plant and Equipment, Net 4.57M USD +4.62%
Operating Lease, Right-of-Use Asset 582K USD +251%
Intangible Assets, Net (Excluding Goodwill) 343K USD -14.5%
Goodwill 2.12M USD 0%
Other Assets, Noncurrent 764K USD -4.02%
Assets 49.4M USD -1.66%
Accounts Payable, Current 1.85M USD -49.3%
Employee-related Liabilities, Current 1.29M USD +119%
Contract with Customer, Liability, Current 761K USD +78.2%
Liabilities, Current 4.53M USD -12.5%
Deferred Income Tax Liabilities, Net 172K USD -2.83%
Operating Lease, Liability, Noncurrent 512K USD +904%
Other Liabilities, Noncurrent 276K USD -0.36%
Liabilities 5.49M USD -3.35%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.89M USD -15.2%
Retained Earnings (Accumulated Deficit) -117M USD -0.72%
Stockholders' Equity Attributable to Parent 44M USD -1.45%
Liabilities and Equity 49.4M USD -1.66%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.08M USD -206%
Net Cash Provided by (Used in) Financing Activities 0 USD
Net Cash Provided by (Used in) Investing Activities -5.01M USD +42.6%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 31.4M shares +0.29%
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 -6.2M USD +18.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 17.6M USD -24.6%
Deferred Tax Assets, Valuation Allowance 15.7M USD +0.46%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 15.9M USD +1.96%
Operating Lease, Liability 614K USD +221%
Depreciation 80K USD +1.27%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.09M USD -32.2%
Lessee, Operating Lease, Liability, to be Paid 823K USD +269%
Property, Plant and Equipment, Gross 23.2M USD +1.09%
Operating Lease, Liability, Current 105K USD -3.67%
Lessee, Operating Lease, Liability, to be Paid, Year Two 113K USD +85.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 133K USD -10.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +89.3%
Deferred Income Tax Expense (Benefit) -5K USD -113%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 209K USD +553%
Lessee, Operating Lease, Liability, to be Paid, Year Three 103K USD +692%
Deferred Tax Assets, Operating Loss Carryforwards 12M USD -0.91%
Deferred Federal Income Tax Expense (Benefit) -2K USD -111%
Current Income Tax Expense (Benefit) 74K USD +363%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 106K USD
Operating Lease, Payments 150K USD -4.46%
Current State and Local Tax Expense (Benefit) 19K USD +217%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 61K USD -30.7%
Deferred State and Local Income Tax Expense (Benefit) -3K USD -116%
Interest Expense 16K USD -5.88%