Southland Holdings, Inc. financial data

Symbol
SLND, SLND-WT on NYSE
Industry
Heavy Construction Other Than Bldg Const - Contractors
Location
1100 Kubota Drive, Grapevine, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Former names
LEGATO MERGER CORP. II (to 2/14/2023)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 151 % -11.5%
Debt-to-equity 405 %
Return On Equity -19.2 % -254%
Return On Assets -3.96 % -200%
Operating Margin -2.93 % -262%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 48.1M shares +0.52%
Common Stock, Shares, Outstanding 48.1M shares +0.52%
Entity Public Float 63.1M USD -78.5%
Common Stock, Value, Issued 5K USD -37.5%
Weighted Average Number of Shares Outstanding, Basic 48M shares +2.48%
Weighted Average Number of Shares Outstanding, Diluted 48M shares +2.48%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.17B USD +0.57%
General and Administrative Expense 1.28M USD
Operating Income (Loss) -34.2M USD -263%
Income Tax Expense (Benefit) -7.35M USD -9.58%
Net Income (Loss) Attributable to Parent -48.2M USD -230%
Earnings Per Share, Basic -1 USD/shares -256%
Earnings Per Share, Diluted -1 USD/shares -256%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 52.4M USD +33.8%
Inventory, Net 5.5M USD -43.9%
Other Assets, Current 16.9M USD -40.4%
Assets, Current 981M USD +9.01%
Deferred Income Tax Assets, Net 26.9M USD +25.4%
Property, Plant and Equipment, Net 111M USD +8.45%
Operating Lease, Right-of-Use Asset 10.6M USD -35.9%
Goodwill 1.53M USD 0%
Other Assets, Noncurrent 1.71M USD -48.1%
Assets 1.26B USD +7.85%
Accounts Payable, Current 249M USD +85.9%
Accrued Liabilities, Current 110M USD -16.2%
Contract with Customer, Liability, Current 225M USD +14.1%
Liabilities, Current 770M USD +35.8%
Deferred Income Tax Liabilities, Net 2.02M USD -32.4%
Operating Lease, Liability, Noncurrent 3.53M USD -24.9%
Other Liabilities, Noncurrent 47.7M USD -50.6%
Liabilities 1.05B USD +15.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.42M USD -162%
Retained Earnings (Accumulated Deficit) -65.7M USD -276%
Stockholders' Equity Attributable to Parent 203M USD -19%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 216M USD -18%
Liabilities and Equity 1.26B USD +7.85%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -9.9M USD +71.5%
Net Cash Provided by (Used in) Financing Activities -6.94M USD -214%
Net Cash Provided by (Used in) Investing Activities -432K USD -1000%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 48.1M shares +0.52%
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 -17.3M USD +39.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 69.2M USD +27.8%
Deferred Tax Assets, Valuation Allowance 900K USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 51.5M USD +71.2%
Operating Lease, Liability 12.4M USD -25.1%
Payments to Acquire Property, Plant, and Equipment 3.13M USD +168%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -49.7M USD -217%
Lessee, Operating Lease, Liability, to be Paid 12.8M USD
Property, Plant and Equipment, Gross 383M USD +2.7%
Operating Lease, Liability, Current 8.86M USD -25.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.35M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 9.12M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +33.3%
Deferred Income Tax Expense (Benefit) -642K USD -24.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 898K USD
Deferred Tax Assets, Operating Loss Carryforwards 23.5M USD +15.2%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 4.52M USD +11.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 281K USD
Additional Paid in Capital 271M USD +0.74%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 3.8M USD
Interest Expense 21.9M USD +115%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares