TPI Composites, Inc.
NASDAQ:TPIC
3.53 (USD) • At close November 4, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q1 | 2013 Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | ||||||||||||||||||||||||||||||||||||||||
| Current Assets: | ||||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents
| 110.312 | 128.885 | 171.897 | 160.649 | 170.096 | 164.231 | 133.546 | 129.137 | 155.02 | 130.893 | 242.165 | 119.005 | 123.107 | 136.236 | 129.857 | 149.422 | 96.657 | 109.473 | 70.282 | 92.085 | 58.664 | 78.319 | 85.346 | 110.838 | 113.995 | 138.841 | 148.113 | 139.065 | 130.834 | 115.541 | 119.066 | 106.802 | 31.057 | 35.842 | 45.917 | 26.6 | 43.6 | 17.8 | -14.889 | 11.755 |
| Short Term Investments
| 0 | 0 | 0.597 | 0 | 0 | 0 | 0.586 | 0 | 0 | 0 | 1.238 | 0 | 0 | 0 | 2.791 | 0 | 3.2 | 2.3 | 6.143 | 4.4 | 5.1 | 0 | 5.659 | 0 | 0 | 0 | 4.585 | 0 | 0 | 0 | 8.135 | 0 | 0 | 0 | 3.14 | 0 | 5.502 | 0 | 29.778 | 3.134 |
| Cash and Short Term Investments
| 110.312 | 128.885 | 171.897 | 160.649 | 170.096 | 164.231 | 133.546 | 129.137 | 155.02 | 130.893 | 242.165 | 119.005 | 123.107 | 136.236 | 129.857 | 149.422 | 96.657 | 109.473 | 70.282 | 92.085 | 58.664 | 78.319 | 85.346 | 110.838 | 113.995 | 138.841 | 148.113 | 139.065 | 130.834 | 115.541 | 119.066 | 106.802 | 31.057 | 35.842 | 45.917 | 26.6 | 43.6 | 17.8 | 14.889 | 14.889 |
| Net Receivables
| 257.135 | 219.019 | 283.957 | 320.039 | 378.53 | 412.583 | 400.748 | 395.755 | 388.48 | 394.057 | 346.127 | 422.878 | 379.607 | 346.452 | 349.696 | 361.554 | 347.703 | 319.463 | 350.527 | 317.293 | 311.506 | 300.319 | 293.523 | 239.331 | 250.85 | 247.965 | 121.576 | 134.458 | 117.202 | 96.564 | 67.842 | 100.15 | 87.556 | 87.032 | 84.965 | 47.1 | 61.7 | 49.9 | 0 | 14.543 |
| Inventory
| 5.454 | 13.679 | 9.42 | 5.779 | 7.167 | 14.539 | 10.661 | 15.11 | 13.725 | 17.649 | 11.533 | 11.251 | 13.168 | 11.829 | 10.839 | 14.569 | 12.368 | 9.904 | 6.731 | 11.559 | 9.738 | 6.159 | 5.735 | 7.445 | 5.593 | 4.205 | 131.922 | 130.381 | 116.727 | 120.622 | 105.403 | 107.027 | 102.802 | 105.709 | 100.435 | 113.3 | 93.6 | 67.6 | 0 | 39.491 |
| Other Current Assets
| 49.525 | 82.828 | 37.801 | 34.484 | 36.614 | 30.764 | 26.052 | 27.14 | 25.087 | 24.595 | 22.584 | 22.613 | 20.52 | 19.389 | 27.921 | 21.794 | 25.9 | 24.448 | 29.843 | 26.609 | 30.908 | 45.147 | 18.433 | 27.881 | 131.371 | 130.015 | 0.778 | 33.578 | 28.27 | 25.767 | 0.355 | 28.824 | 43.36 | 42.091 | 1.393 | 27 | 10.1 | 21.9 | 0 | 11.635 |
| Total Current Assets
| 422.426 | 444.411 | 503.075 | 562.429 | 642.813 | 686.208 | 645.162 | 606.723 | 620.304 | 615.246 | 660.271 | 598.816 | 557.575 | 537.37 | 548.159 | 565.276 | 498.923 | 478.068 | 468.422 | 468.418 | 428.77 | 429.944 | 414.197 | 385.495 | 401.491 | 429.98 | 432.967 | 437.482 | 393.033 | 358.494 | 325.227 | 342.803 | 264.775 | 270.674 | 252.362 | 214 | 209 | 157.2 | 14.889 | 80.558 |
| Non-Current Assets: | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment, Net
| 254.532 | 262.237 | 264.932 | 262.803 | 272.02 | 279.031 | 289.153 | 304.472 | 321.727 | 339.189 | 306.77 | 339.12 | 354.707 | 363.341 | 367.828 | 378.614 | 373.942 | 387.949 | 327.358 | 320.354 | 311.928 | 307.789 | 159.423 | 150.931 | 145.348 | 126.86 | 123.48 | 119.635 | 112.432 | 103.486 | 91.166 | 78.635 | 73.575 | 74.943 | 67.732 | 58.4 | 51.8 | 44.4 | 0 | 34.965 |
| Goodwill
| 0 | 0 | 2.807 | 0 | 0 | 0 | 2.807 | 0 | 0 | 0 | 2.807 | 0 | 0 | 0 | 2.807 | 0 | 0 | 0 | 2.807 | 0 | 0 | 0 | 2.807 | 0 | 0 | 0 | 2.807 | 0 | 0 | 0 | 2.807 | 0 | 0 | 0 | 2.807 | 0 | 2.8 | 0 | 0 | 2.807 |
| Intangible Assets
| 0 | 0 | 2.442 | 0 | 0 | 0 | 3.262 | 0 | 0 | 0 | 3.54 | 0 | 0 | 0 | 5.73 | 0 | 0 | 0 | 5.691 | 0 | 0 | 0 | 6.836 | 0 | 0 | 0 | 1.858 | 0 | 0 | 0 | 1.913 | 0 | 0 | 0 | 2.215 | 0 | 1.2 | 0 | 0 | 3.958 |
| Goodwill and Intangible Assets
| 0 | 0 | 5.249 | 0 | 0 | 0 | 6.069 | 0 | 0 | 0 | 6.347 | 0 | 0 | 0 | 8.537 | 0 | 0 | 0 | 8.498 | 0 | 0 | 0 | 9.643 | 0 | 0 | 0 | 4.665 | 0 | 0 | 0 | 4.72 | 0 | 0 | 0 | 5.022 | 0 | 4 | 0 | 0 | 6.765 |
| Long Term Investments
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27.425 | 0 | 0 | 0 | -27.33 | 0 | 0 | 0 | -19.707 | 0 | 0 | 0 | -24.939 | 0.7 | 0.2 | 0 | -12.969 | 0 | 0 | 0 | -9.851 | 0 | 0 | 0 | 4.706 | 5.4 | 0 | 0 | 0 | 0 |
| Tax Assets
| 0 | 0 | 18.357 | 0 | 0 | 0 | 9.555 | 0 | 0 | 0 | 21.078 | 0 | 0 | 0 | 18.793 | 0 | 0 | 0 | 11.209 | 0 | 0 | 0 | 15.296 | 0 | 0 | 0 | 8.304 | 0 | 0 | 0 | 5.131 | 0 | 0 | 0 | 1.661 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets
| 38.464 | 39.205 | 12.467 | 30.219 | 30.115 | 27.658 | 12.237 | 39.171 | 39.748 | 41.753 | 40.66 | 24.653 | 28.232 | 53.345 | 40.27 | 41.794 | 22.42 | 49.387 | 30.897 | 32.2 | 47.262 | 44.111 | 31.235 | 37.57 | 24.845 | 23.024 | 17.087 | 19.244 | 14.432 | 15.961 | 20.813 | 17.655 | 14.273 | 12.845 | 2.657 | 12 | 13.2 | 15.1 | -14.889 | 5.237 |
| Total Non-Current Assets
| 292.996 | 301.442 | 301.005 | 293.022 | 302.135 | 306.689 | 317.014 | 343.643 | 361.475 | 380.942 | 347.43 | 363.773 | 382.939 | 416.686 | 408.098 | 420.408 | 396.362 | 437.336 | 358.255 | 352.554 | 359.19 | 351.9 | 190.658 | 189.201 | 170.393 | 149.884 | 140.567 | 138.879 | 126.864 | 119.447 | 111.979 | 96.29 | 87.848 | 87.788 | 81.778 | 75.8 | 69 | 59.5 | -14.889 | 46.967 |
| Total Assets
| 715.422 | 745.853 | 804.08 | 855.451 | 944.948 | 992.897 | 962.176 | 950.366 | 981.779 | 996.188 | 1,007.701 | 962.589 | 940.514 | 954.056 | 956.257 | 985.684 | 895.285 | 915.404 | 826.677 | 820.972 | 787.96 | 781.844 | 604.855 | 574.696 | 571.884 | 579.864 | 573.534 | 576.361 | 519.897 | 477.941 | 437.206 | 439.093 | 352.623 | 358.462 | 334.14 | 289.8 | 278 | 216.7 | 0 | 127.525 |
| Liabilities & Equity: | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities: | ||||||||||||||||||||||||||||||||||||||||
| Account Payables
| 250.602 | 220.3 | 227.723 | 247.562 | 273.865 | 278.684 | 280.499 | 308.915 | 311.856 | 316.477 | 336.697 | 346.272 | 310.32 | 291.947 | 295.992 | 310.344 | 267.833 | 275.695 | 293.104 | 286.545 | 239.909 | 218.29 | 199.078 | 168.039 | 167.314 | 169.179 | 166.743 | 160.858 | 149.285 | 123.39 | 112.281 | 107.319 | 101.642 | 105.309 | 101.108 | 84.084 | 72.721 | 49.4 | 0 | 46.117 |
| Short Term Debt
| 130.978 | 100.949 | 92.482 | 85.202 | 84.552 | 84.215 | 82.195 | 82.266 | 82.684 | 68.789 | 89.119 | 93.348 | 79.237 | 79.79 | 58.65 | 61.357 | 47.203 | 37.045 | 30.13 | 35.992 | 51.142 | 58.575 | 27.058 | 39.201 | 39.528 | 43.085 | 35.506 | 44.498 | 38.511 | 32.474 | 33.403 | 27.171 | 27.328 | 53.637 | 52.065 | 53.556 | 1.9 | 0 | 0 | 24.807 |
| Tax Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue
| 4.408 | 10.234 | 24.021 | 1.792 | 49.288 | 0 | 17.1 | 0 | 1.274 | 1.274 | 1.274 | 0 | 2.258 | 2.132 | 0.614 | 2.01 | 2.447 | 2.571 | 3.008 | 2.141 | 2.596 | 7.537 | 7.143 | 8.335 | 1.82 | 4.449 | 91.182 | 97.703 | 82.918 | 95.536 | 70.958 | 75.724 | 76.3 | 78.474 | 74.425 | -137.64 | -72.721 | 0 | 0 | 0 |
| Other Current Liabilities
| 35.777 | 42.284 | 42.195 | 50.909 | 9.723 | 38.547 | 76.787 | 20.212 | 35.578 | 38.943 | 42.02 | 42.479 | 47.462 | 45.956 | 50.852 | 53.596 | 56.772 | 51.528 | 47.639 | 48.282 | 42.834 | 39.533 | 36.765 | 32.704 | 33.979 | 32.67 | 29.163 | 28.15 | 25.873 | 21.895 | 19.912 | 31.057 | 30.573 | 27.935 | 13.596 | 87.96 | 135.079 | 107.4 | 0 | 33.194 |
| Total Current Liabilities
| 421.765 | 373.767 | 386.421 | 385.465 | 417.428 | 401.446 | 456.581 | 411.393 | 431.392 | 425.483 | 469.11 | 482.099 | 439.277 | 419.825 | 406.108 | 427.307 | 374.255 | 366.839 | 373.881 | 372.96 | 336.481 | 323.935 | 270.044 | 248.279 | 242.641 | 249.383 | 322.594 | 331.209 | 296.587 | 273.295 | 236.554 | 241.271 | 235.843 | 265.355 | 241.194 | 225.6 | 209.7 | 156.8 | 0 | 104.118 |
| Non-Current Liabilities: | ||||||||||||||||||||||||||||||||||||||||
| Long Term Debt
| 447.895 | 430.334 | 413.957 | 245.872 | 253.649 | 258.463 | 134.561 | 134.325 | 143.33 | 153.762 | 154.687 | 341.462 | 332.197 | 331.265 | 340.241 | 367.331 | 367.376 | 349.689 | 241.771 | 236.537 | 234.43 | 240.935 | 110.565 | 93.583 | 90.332 | 82.658 | 85.879 | 89.139 | 89.852 | 88.015 | 89.752 | 83.751 | 92.364 | 69.551 | 81.501 | 65.7 | 62.7 | 55.1 | 0 | 20.829 |
| Deferred Revenue Non-Current
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities
| 120.021 | 125.819 | 126.006 | 371.951 | 352.96 | 336.204 | 320.547 | 15.739 | 11.781 | 10.805 | 132.93 | 7.964 | 8.143 | 8.358 | 8.873 | 9.594 | 24.809 | 7.838 | 5.975 | 5.31 | 5.017 | 3.697 | 3.289 | 4.284 | 4.818 | 4.791 | 4.444 | 4.245 | 4.222 | 4.565 | 4.393 | 4.287 | 208.012 | 4.259 | 202.642 | 3.3 | 3.3 | 9.6 | 0 | 7.672 |
| Total Non-Current Liabilities
| 567.916 | 556.153 | 539.963 | 617.823 | 606.609 | 594.667 | 455.108 | 150.064 | 155.111 | 164.567 | 287.617 | 349.426 | 340.34 | 339.623 | 349.114 | 376.925 | 392.185 | 357.527 | 247.746 | 241.847 | 239.447 | 244.632 | 113.854 | 97.867 | 95.15 | 87.449 | 90.323 | 93.384 | 94.074 | 92.58 | 94.145 | 88.038 | 300.376 | 73.81 | 284.143 | 69 | 66 | 64.7 | 0 | 28.501 |
| Total Liabilities
| 989.681 | 929.92 | 926.384 | 1,003.288 | 1,024.037 | 996.113 | 911.689 | 561.457 | 586.503 | 590.05 | 756.727 | 831.525 | 779.617 | 759.448 | 755.222 | 804.232 | 766.44 | 724.366 | 621.627 | 614.807 | 575.928 | 568.567 | 383.898 | 346.146 | 337.791 | 336.832 | 412.917 | 424.593 | 390.661 | 365.875 | 330.699 | 329.309 | 536.219 | 339.165 | 525.337 | 294.6 | 275.7 | 221.5 | 0 | 132.619 |
| Equity: | ||||||||||||||||||||||||||||||||||||||||
| Preferred Stock
| 0 | 0 | 0 | 356.679 | 340.648 | 325.05 | 309.877 | 294.632 | 279.656 | 265.106 | 250.974 | 43.176 | 41.559 | 41.316 | 32.99 | 37.946 | 39.245 | 40.505 | 23.612 | 21.792 | 20.143 | 14.869 | 14.392 | 21.977 | 6.653 | 0 | 0 | 1.054 | 2.285 | 3.585 | 3.862 | 1.194 | 203.734 | 201.282 | 198.83 | 191.72 | 189.349 | 0 | 168.091 | 168.091 |
| Common Stock
| 0.486 | 0.485 | 0.47 | 0.431 | 0.431 | 0.43 | 0.424 | 0.422 | 0.376 | 0.375 | 0.374 | 0.373 | 0.372 | 0.369 | 0.368 | 0.359 | 0.355 | 0.354 | 0.353 | 0.353 | 0.351 | 0.351 | 0.347 | 0.346 | 0.343 | 0.341 | 0.34 | 0.34 | 0.337 | 0.337 | 0.337 | 0.337 | 0.265 | 0.265 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings
| -688.905 | -597.816 | -536.348 | -478.748 | -421.933 | -356.696 | -334.569 | -292.041 | -290.574 | -285.064 | -269.264 | -181.987 | -151.31 | -111.513 | -109.716 | -114.9 | -157.282 | -91.181 | -90.689 | -89.828 | -85.257 | -87.085 | -74.981 | -56.805 | -66.337 | -62.284 | -80.26 | -146.087 | -166.469 | -179.978 | -182.801 | -180.545 | -182.746 | -191.863 | -191.172 | -197.524 | -189.431 | -194.2 | 0 | -175.647 |
| Accumulated Other Comprehensive Income/Loss
| -9.032 | -8.885 | -7.627 | -10.834 | -12.308 | -13.377 | -15.387 | -25.637 | -16.965 | -7.932 | -54.006 | -43.176 | -41.559 | -41.316 | -32.99 | -37.946 | -39.245 | -40.505 | -23.612 | -21.792 | -20.143 | -14.869 | -14.392 | -21.977 | -6.653 | 1.332 | -0.558 | -1.054 | -2.285 | -3.585 | -3.862 | -1.194 | -0.85 | 0.403 | -0.025 | 1.01 | 2.338 | 5 | -173.185 | 2.462 |
| Other Total Stockholders Equity
| 423.192 | 422.149 | 421.201 | -15.365 | 14.073 | 41.377 | 90.142 | 823.066 | 422.783 | 433.653 | 322.896 | 355.854 | 353.394 | 347.068 | 343.373 | 333.939 | 325.017 | 322.37 | 318.998 | 317.432 | 317.081 | 314.88 | 309.983 | 306.986 | 306.74 | 303.643 | 241.095 | 298.569 | 297.653 | 295.292 | 292.833 | 291.186 | -203.999 | 9.21 | -198.83 | -0.006 | 0.044 | 184.4 | 0 | 0 |
| Total Shareholders Equity
| -274.259 | -184.067 | -122.304 | -147.837 | -79.089 | -3.216 | 50.487 | 388.909 | 395.276 | 406.138 | 250.974 | 131.064 | 160.897 | 194.608 | 201.035 | 181.452 | 128.845 | 191.038 | 205.05 | 206.165 | 212.032 | 213.277 | 220.957 | 228.55 | 234.093 | 243.032 | 160.617 | 151.768 | 129.236 | 112.066 | 106.507 | 109.784 | -183.596 | 19.297 | -191.197 | -4.8 | 2.3 | -4.8 | -5.094 | -5.094 |
| Total Equity
| -274.259 | -184.067 | -122.304 | -147.837 | -79.089 | -3.216 | 50.487 | 388.909 | 395.276 | 406.138 | 250.974 | 131.064 | 160.897 | 194.608 | 201.035 | 181.452 | 128.845 | 191.038 | 205.05 | 206.165 | 212.032 | 213.277 | 220.957 | 228.55 | 234.093 | 243.032 | 160.617 | 151.768 | 129.236 | 112.066 | 106.507 | 109.784 | -183.596 | 19.297 | -191.197 | -4.8 | 2.3 | -4.8 | -5.094 | -5.094 |
| Total Liabilities & Shareholders Equity
| 715.422 | 745.853 | 804.08 | 855.451 | 944.948 | 992.897 | 962.176 | 950.366 | 981.779 | 996.188 | 1,007.701 | 962.589 | 940.514 | 954.056 | 956.257 | 985.684 | 895.285 | 915.404 | 826.677 | 820.972 | 787.96 | 781.844 | 604.855 | 574.696 | 571.884 | 579.864 | 573.534 | 576.361 | 519.897 | 477.941 | 437.206 | 439.093 | 352.623 | 358.462 | 334.14 | 289.8 | 278 | 216.7 | -5.094 | 127.525 |