Correlate Energy Corp. financial data

Symbol
CIPI on OTC
Industry
Services-Engineering Services
Location
176 S. Capitol Blvd, 2 Nd Floor, Boise, ID
State of incorporation
NV
Fiscal year end
December 31
Former names
Correlate Infrastructure Partners, Inc. (to 5/16/2023), TRICCAR INC. (to 4/1/2022), FRONTIER OILFIELD SERVICES INC (to 6/1/2021), TBX RESOURCES INC (to 11/9/2011)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 36.4 % +0.28%
Debt-to-equity -201 % +10%
Return On Equity 820 % +136%
Return On Assets -811 % -189%
Operating Margin -110 % -46.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 78.3M shares +116%
Common Stock, Shares, Outstanding 78.3M shares +116%
Entity Public Float 14.4M USD -2.15%
Common Stock, Value, Issued 7.83K USD +116%
Weighted Average Number of Shares Outstanding, Basic 35.1M shares +75.7%
Weighted Average Number of Shares Outstanding, Diluted 61.5M shares +70%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 9.26M USD +56.3%
Cost of Revenue 9.95M USD +117%
General and Administrative Expense 3.79M USD +147%
Operating Income (Loss) -10.2M USD -129%
Nonoperating Income (Expense) -624K USD +65.2%
Net Income (Loss) Attributable to Parent -33.4M USD -226%
Earnings Per Share, Basic -0.5 USD/shares -1150%
Earnings Per Share, Diluted -0.04 USD/shares +55.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 741K USD -27.4%
Accounts Receivable, after Allowance for Credit Loss, Current 67.7K USD
Inventory, Net 175K USD
Assets, Current 4.35M USD +7.51%
Property, Plant and Equipment, Net 82.4K USD -28.3%
Goodwill 763K USD 0%
Assets 5.27M USD -8.27%
Accounts Payable, Current 5.39M USD +2533%
Accrued Liabilities, Current 836K USD +8.25%
Liabilities, Current 9.91M USD +33.7%
Liabilities 9.91M USD +22.4%
Retained Earnings (Accumulated Deficit) -50.1M USD -201%
Stockholders' Equity Attributable to Parent -4.64M USD -97.5%
Liabilities and Equity 5.27M USD -8.27%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.28M USD -17.1%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities -34.7K USD
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 78.3M shares +116%
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 768K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 318K USD -90.1%
Deferred Tax Assets, Valuation Allowance 4.3M USD +138%
Payments to Acquire Property, Plant, and Equipment 34.7K USD
Property, Plant and Equipment, Gross 8.31M USD
Deferred Tax Assets, Operating Loss Carryforwards 3.26M USD +105%
Preferred Stock, Shares Issued 5.15K shares
Preferred Stock, Shares Authorized 50M shares 0%
Additional Paid in Capital 45.4M USD +218%
Preferred Stock, Shares Outstanding 5.15K shares
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 650K USD +24.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%