Monterey Capital Acquisition Corp financial data

Symbol
MCAC, MCACR, MCACU, MCACW on Nasdaq
Industry
Construction - Special Trade Contractors
Location
419 Webster Street, Monterey, California
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 2.93 % -50.2%
Debt-to-equity -102 % +4.41%
Return On Equity 89.4 % +32.7%
Return On Assets -27 % -486%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 97.6M USD +4.92%

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 3.03M USD +5.22%
Operating Income (Loss) -3.03M USD -5.22%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -23.1M USD -496%
Income Tax Expense (Benefit) 924K USD +4.74%
Net Income (Loss) Attributable to Parent -24M USD -455%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.7K USD -46.1%
Assets, Current 5.36K USD -33%
Assets 80.7M USD -15%
Accrued Liabilities, Current 3.56M USD +89.7%
Liabilities, Current 8.91M USD +210%
Liabilities 40.5M USD +310%
Retained Earnings (Accumulated Deficit) -40.3M USD -330%
Stockholders' Equity Attributable to Parent -40.3M USD -330%
Liabilities and Equity 80.7M USD -15%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -382K USD -11.7%
Net Cash Provided by (Used in) Financing Activities 1.36M USD +849%
Net Cash Provided by (Used in) Investing Activities -977K USD -589%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.25K USD -346%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.7K USD -46.1%
Deferred Tax Assets, Valuation Allowance 739K USD +83.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 739K USD +83.5%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -336K USD +15.7%
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 0 USD -100%
Preferred Stock, Shares Outstanding 0 shares
Current Federal Tax Expense (Benefit) 914K USD +280%
Share-based Payment Arrangement, Expense 0 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%