Volta Inc. financial data

Industry
Miscellaneous Transportation Equipment
Location
155 De Haro Street, San Francisco, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Tortoise Acquisition Corp. II (to 8/27/2021)
Latest financial report
10-K - Q4 2022 - Mar 31, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 119 % -59.6%
Quick Ratio 2.22 %
Debt-to-equity 104 % -48.9%
Return On Equity -80.1 % +81.7%
Return On Assets -39.3 % +40.5%
Operating Margin -315 % +62%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 174M shares +7.46%
Entity Public Float 200M USD -42.1%
Common Stock, Value, Issued 18K USD +12.5%
Weighted Average Number of Shares Outstanding, Diluted 18.3M shares +137%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 54.6M USD +69%
Research and Development Expense 200K USD -84.6%
Costs and Expenses 227M USD -24.6%
Operating Income (Loss) -172M USD +35.8%
Nonoperating Income (Expense) 17.4M USD -111%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -155M USD +44.1%
Income Tax Expense (Benefit) 2K USD -94.9%
Net Income (Loss) Attributable to Parent -155M USD +44.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.64M USD -99%
Accounts Receivable, after Allowance for Credit Loss, Current 16.7M USD +33.1%
Inventory, Net 2.13M USD -21.8%
Assets, Current 38.3M USD -87.2%
Property, Plant and Equipment, Net 207M USD +112%
Operating Lease, Right-of-Use Asset 93.6M USD +22.6%
Intangible Assets, Net (Excluding Goodwill) 1.18M USD +82.7%
Goodwill 221K USD 0%
Other Assets, Noncurrent 674K USD +110%
Assets 341M USD -28%
Accounts Payable, Current 47M USD +155%
Employee-related Liabilities, Current 6.37M USD -31%
Contract with Customer, Liability, Current 13.6M USD +60.8%
Liabilities, Current 102M USD +6.59%
Operating Lease, Liability, Noncurrent 79.1M USD +22.7%
Other Liabilities, Noncurrent 8.48M USD +16.7%
Liabilities 190M USD -0.94%
Accumulated Other Comprehensive Income (Loss), Net of Tax 524K USD +146%
Retained Earnings (Accumulated Deficit) -583M USD -36.1%
Stockholders' Equity Attributable to Parent 151M USD -46.4%
Liabilities and Equity 341M USD -28%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -33.8M USD -55.7%
Net Cash Provided by (Used in) Financing Activities -4.11M USD -121%
Net Cash Provided by (Used in) Investing Activities -19M USD -458%
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 174M shares +7.46%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -56.9M USD -966%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.64M USD -99%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.5M USD -40.4%
Deferred Tax Assets, Valuation Allowance 125M USD +11.8%
Deferred Tax Assets, Gross 159M USD +17.2%
Operating Lease, Liability 88.6M USD +25.9%
Depreciation 5.02M USD +72.1%
Payments to Acquire Property, Plant, and Equipment 17.4M USD +387%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -154M USD +44.2%
Lessee, Operating Lease, Liability, to be Paid 132M USD +23.8%
Operating Lease, Liability, Current 9.53M USD +60.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 18.3M USD +25.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.8M USD +39.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure -8.55%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 43.7M USD +19.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 16.8M USD +18.6%
Unrecognized Tax Benefits 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Four 15.7M USD +20.4%
Operating Lease, Payments 2.94M USD +42.9%
Additional Paid in Capital 734M USD +3.31%
Depreciation, Depletion and Amortization 19.3M USD +72.9%
Deferred Tax Assets, Net of Valuation Allowance 34.7M USD +41.7%
Share-based Payment Arrangement, Expense 30M USD -82.8%