Thorne Healthtech, Inc. financial data

Industry
Pharmaceutical Preparations
Location
620 Omni Industrial Blvd., Summerville, SC
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2023 - Aug 9, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 298 % -5.26%
Quick Ratio 161 % +13.8%
Debt-to-equity 62.7 %
Return On Equity 14 % +736%
Return On Assets 8.61 % +691%
Operating Margin 5.22 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 53.9M shares +2.23%
Common Stock, Shares, Outstanding 53.9M shares +2.25%
Entity Public Float 65.3M USD
Common Stock, Value, Issued 544K USD
Weighted Average Number of Shares Outstanding, Basic 53.9M shares +2.15%
Weighted Average Number of Shares Outstanding, Diluted 53.9M shares +2.15%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 258M USD +25.5%
Revenue from Contract with Customer, Excluding Assessed Tax 258M USD +25.5%
Cost of Revenue 128M USD +33%
Research and Development Expense 6.99M USD -8.07%
Selling and Marketing Expense 1.4M USD
Operating Income (Loss) 13.5M USD
Nonoperating Income (Expense) 1.04M USD -72.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 6.26M USD
Income Tax Expense (Benefit) -5.36M USD -1032%
Net Income (Loss) Attributable to Parent 20.3M USD +905%
Earnings Per Share, Basic 0.39 USD/shares +225%
Earnings Per Share, Diluted 0.39 USD/shares +388%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 17.1M USD -38.5%
Accounts Receivable, after Allowance for Credit Loss, Current 25.4M USD +146%
Inventory, Net 71.7M USD +18.5%
Assets, Current 135M USD +34.7%
Deferred Income Tax Assets, Net 6.94M USD
Property, Plant and Equipment, Net 65.3M USD +112%
Operating Lease, Right-of-Use Asset 33.6M USD +107%
Intangible Assets, Net (Excluding Goodwill) 14.9M USD -7.47%
Goodwill 20M USD +21.2%
Other Assets, Noncurrent 1.16M USD +11.2%
Assets 283M USD +49.2%
Accounts Payable, Current 40.6M USD +57.8%
Employee-related Liabilities, Current 4.33M USD +48%
Accrued Liabilities, Current 5.8M USD
Liabilities, Current 56.2M USD +62.7%
Deferred Income Tax Liabilities, Net 840K USD
Operating Lease, Liability, Noncurrent 44.4M USD +64.2%
Liabilities 127M USD +97.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -85.4K USD
Retained Earnings (Accumulated Deficit) -112M USD +15.4%
Stockholders' Equity Attributable to Parent 154M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 155M USD +24.1%
Liabilities and Equity 283M USD +49.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -5.73M USD -27.2%
Net Cash Provided by (Used in) Financing Activities 13.8M USD +431%
Net Cash Provided by (Used in) Investing Activities -17.4M USD +2.08%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 53.9M shares +2.25%
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 -9.26M USD +53%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 32.3M USD -1.27%
Interest Paid, Excluding Capitalized Interest, Operating Activities 286K USD +804%
Deferred Tax Assets, Valuation Allowance 4.4M USD -71%
Cash and Cash Equivalents, Period Increase (Decrease) -19.7M USD -344%
Deferred Tax Assets, Gross 23.8M USD -7.94%
Operating Lease, Liability 46.9M USD +63.7%
Payments to Acquire Property, Plant, and Equipment 13.2M USD +783%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 20.4M USD +881%
Lessee, Operating Lease, Liability, to be Paid 76.5M USD +47.4%
Property, Plant and Equipment, Gross 54.3M USD +34.4%
Operating Lease, Liability, Current 2.49M USD +55.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.12M USD +70.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.12M USD +74.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure -11.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 29.6M USD +27.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.93M USD +66.6%
Deferred Tax Assets, Operating Loss Carryforwards 9.22M USD -31.3%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.56M USD +67.1%
Operating Lease, Payments 873K USD -43.6%
Additional Paid in Capital 266M USD +3.97%
Amortization of Intangible Assets 2.5M USD +25.6%
Depreciation, Depletion and Amortization 1.56M USD +16.3%
Deferred Tax Assets, Net of Valuation Allowance 7.78M USD
Share-based Payment Arrangement, Expense 3.25M USD +265%