Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data TX Rail Products, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2011
FY2011
FY2012
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
FY2019
Revenue
3.11
2.13
3.01
3.84
3.93
Cost of revenue
2.47
1.85
2.27
3.18
3.31
Gross profit
0.02
0.48
1.56
1.14
0.64
0.28
0.73
0.66
0.62
Operating expenses
1.03
0.27
0.92
1.18
1.17
0.9
0.84
0.74
0.6
0.55
Operating income
-1.01
-0.25
-0.44
0.38
-0.04
-0.26
-0.56
-0.01
0.06
0.07
Interest expense
0.13
0.13
0.12
0.09
0.1
0.13
0.13
0.13
0.13
0.13
Other non-operating income
-0.13
0.15
-0.06
-0.06
0.38
-0.11
-0.12
-0.11
-0.11
-0.03
Pre-tax income
-0.5
0.33
0.34
-0.37
Income tax
0.14
0.12
Net income
-1.14
-0.1
-0.5
0.33
0.34
-0.37
-0.68
-0.12
-0.06
0.04
EBITDA
-1.01
-0.24
-0.43
0.4
-0.03
-0.25
-0.55
0
0.06
0.08
EPS, basic
-0.02
-0.01
0.01
0.01
-0.01
-0.01
0.00
0.00
0.00
EPS, diluted
-0.02
-0.01
0.01
0.01
-0.01
-0.01
0.00
0.00
0.00
Shares, basic (weighted)
53.1
50.6
47.9
48.1
48.1
48.1
48.1
48.1
48.1
Shares, diluted (weighted)
53.1
50.6
48.5
48.1
48.1
48.1
48.1
48.1
48.1
Balance sheet
FY2011
FY2011
FY2012
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
FY2019
Cash and equivalents
0.01
0
0
0.18
0.07
0.06
0
0.04
0.04
0.02
Receivables
0
0.2
0.43
0.5
0.59
0.24
0.46
0.26
0.28
Inventory
1.69
1.8
1.48
Other current assets
0.04
0.02
0.05
0.03
0
0
0
0
Total current assets
0.01
0
1.09
2.49
3.39
2.96
2.12
2.21
2.1
1.78
Property, plant and equipment
0.06
0.06
0.04
0.07
0.07
0.06
0.05
0.04
0.02
Other non-current assets
0.05
0.05
0.05
0
0
0
0
Total assets
0.24
0.19
1.22
2.56
3.49
3.34
2.5
2.26
2.14
2.14
Accounts payable
1
0.09
0.28
0.69
1.05
0.95
0.63
0.65
0.53
0.32
Accrued liabilities
1.01
0.79
0.89
0.61
0.7
0.57
0.49
0.42
0.33
Short-term debt
0.66
0.61
0.06
0.07
Total current liabilities
2.7
2.77
1.37
2.33
2.25
2.48
2.32
2.2
1.64
1.67
Long-term debt
0.6
0.52
0.49
0.43
Total liabilities
2.75
2.79
2.73
3.68
4.25
4.48
4.32
4.2
4.13
4.09
Total debt
1.26
1.13
0.55
0.49
Paid-in capital
1.38
1.38
4.3
4.3
4.32
4.32
4.32
4.32
4.32
4.32
Retained earnings
-1.8
-14.5
-15
-14.7
-14.4
-14.8
-15.4
-15.6
-15.6
-15.6
Shareholders' equity
-2.51
-2.6
-1.51
-1.12
-0.77
-1.14
-1.82
-1.94
-2
-1.95
Total equity
-2.51
-2.6
-1.51
-1.12
-0.77
-1.14
-1.82
-1.94
-2
-1.95
Total liabilities and equity
0.24
0.19
1.22
2.56
3.49
3.34
2.5
2.26
2.14
2.14
Shares outstanding
53
53.3
46.6
48.1
48.1
48.1
48.1
48.1
48.1
48.1
Cash flow statement
FY2011
FY2011
FY2012
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
FY2019
Net income
-1.14
-0.1
-0.5
0.33
0.34
-0.37
-0.68
-0.12
-0.06
0.04
Depreciation and amortization
0
0
0.01
0.02
0.01
0.01
0.01
0.01
0.01
0.01
Stock-based compensation
0.24
0.01
0.03
0.02
0
Change in receivables
-0.2
-0.24
-0.1
-0.1
0.18
-0.23
0.16
-0.03
Change in inventory
-0.77
-1.08
-0.91
0.54
0.42
0.42
-0.11
-0.03
Change in payables
0.25
-0.04
0.27
0.46
0.36
-0.11
-0.32
0.03
-0.12
-0.21
Cash from operations
-0.09
-0.12
-1.12
-0.24
-0.29
-0.25
-0.08
0.26
-0.01
-0.06
Capital expenditures
-0.02
-0.01
-0.05
-0
Cash from investing
-0.01
0
0.02
-0.01
-0.02
-0
0.01
Debt repaid
-0.07
Stock issued
0.1
Share buybacks
-0.03
Cash from financing
0.1
0.12
1.1
0.42
0.21
0.25
0.02
-0.22
0
0.03
Net change in cash
-0
-0
0
0.17
-0.1
-0.01
-0.06
0.04
-0
-0.02
Free cash flow
-1.14
-0.25
-0.34
-0.26
Interest paid
0.01
0.01
0.13
0.13
0.03
0.03
0.03
Key metrics
Worked out from the statements above. Latest values use fiscal 2019. Valuation uses the share price of $0.18 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
15.8%
Gross profit / revenue.
Operating margin
1.7%
Operating income / revenue.
EBITDA margin
1.9%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
1.1%
Net income / revenue.
Operating cash flow margin
-1.6%
Cash from operations / revenue.
Return on assets (ROA)
2.0%
Net income / average total assets.
D&A / revenue
0.2%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
2.5%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
22.7%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
-5.2%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
30.6%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
-11.4%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y
19.1%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
17.0%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income CAGR, 5y
-34.1%
Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
0.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-5.0%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-9.3%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
0.0%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
0.0%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
0.0%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.06x
Current assets / current liabilities.
Quick ratio
0.18x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.01x
(Cash + short-term investments) / current liabilities.
Debt / assets
23.1%
Total debt / total assets.
Liabilities / assets
191.2%
Total liabilities / total assets.
Net debt
$477.3K
Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA
6.28x
Net debt / EBITDA (twelve months), when EBITDA is positive.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.00
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$0.00
Net income per basic share, as reported (split-adjusted).
Revenue per share
$0.08
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.00
Cash from operations / diluted weighted shares.
Book value per share
-$0.04
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
204x
Market cap / net income. Only when net income is positive.
P/S
2.20x
Market cap / revenue.
EV/Sales
2.32x
Enterprise value / revenue.
EV/EBIT
133x
Enterprise value / operating income, when both are positive.
EV/EBITDA
120x
Enterprise value / EBITDA, when both are positive.
Earnings yield
0.5%
Net income / market cap (the inverse of P/E).
What was TX Rail Products, Inc.'s revenue in fiscal 2019?
TX Rail Products, Inc. reported revenue of $3.9M for fiscal 2019, 2.5% higher than the year before.
Was TX Rail Products, Inc. profitable in fiscal 2019?
Yes. Net income was $42.4K, a net margin of 1.1%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.