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Thunder Energies Corp Financials

TNRG
Source SEC Filings (10-K/10-Q) Updated Jun 30, 2024 Currency USD FYE December

This page shows Thunder Energies Corp (TNRG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TNRG FY2023

Thunder Energies now reads as a balance-sheet constrained entity, where liabilities keep growing as liquidity evaporates.

Between FY2022 and FY2023, total liabilities rose from $6.8M to $9.4M. With assets essentially flat and year-end cash down to just $596, that worsening is not being matched by a larger resource base that could absorb it.

In FY2020 and FY2021, operating cash flow stayed positive even as net losses were -$551K and -$1.4M. That usually means accounting losses were being softened by non-cash items or working-capital movements, but FY2023 cash of $596 shows that earlier support did not become durable liquidity.

Some figures from recent filings were inconsistent and were omitted from this summary.

Generated by Rhea from SEC filings [ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 16 / 100
Financial Profile 16/100

Based on FY2023 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Thunder Energies Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage
98

Thunder Energies Corp carries a low D/E ratio of -1.02, meaning only $-1.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
0

Thunder Energies Corp's current ratio of 0.02 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Key Financial Metrics

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Earnings & Revenue

Revenue
$0

Thunder Energies Corp generated $0 in revenue in fiscal year 2023.

EBITDA
N/A
Net Income
N/A
EPS (Diluted)
$-0.13
YoY-62.5%

Thunder Energies Corp earned $-0.13 per diluted share (EPS) in fiscal year 2023. This represents a decrease of 62.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$596
YoY-98.8%
5Y CAGR-40.4%
10Y CAGR-17.2%

Thunder Energies Corp held $596 in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share
N/A
Shares Outstanding
112M
YoY+54.8%

Thunder Energies Corp had 112M shares outstanding in fiscal year 2023. This represents an increase of 54.8% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

TNRG Income Statement

Metric Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22 Q3'22
Revenue $0 $0 N/A $0 $0 $0 N/A $0
Cost of Revenue $0 $0 N/A $0 $0 $0 N/A $0
Gross Profit $0 $0 N/A $0 $0 $0 N/A $0
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $356K-80.7% $1.8M N/A $176K-87.5% $1.4M+336.8% $323K N/A $188K
Operating Income -$1.1M+48.4% -$2.1M N/A -$387K+92.8% -$5.4M-917.3% -$532K N/A -$193K
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $0 $0 N/A $0 $0 $0 N/A $0
Net Income -$1.2M+46.4% -$2.2M N/A -$583K+89.4% -$5.5M-91.2% -$2.9M N/A N/A
EPS (Diluted) $-0.01+50.0% $-0.02 N/A $-0.01+90.9% $-0.11-83.3% $-0.06 N/A $-0.02

TNRG Balance Sheet

Metric Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22 Q3'22
Total Assets $413K-31.7% $605K+291.3% $155K-97.3% $5.7M+0.9% $5.7M+127.5% $2.5M+1605.9% $146K+53.3% $95K
Current Assets $413K-31.7% $605K+291.3% $155K-40.8% $261K+22.9% $212K-91.5% $2.5M+1605.9% $146K+53.3% $95K
Cash & Equivalents $1K-72.4% $5K+711.6% $596-98.3% $36K+199.3% $12K-62.6% $32K-34.1% $49K+63.2% $30K
Inventory N/A N/A N/A N/A N/A N/A $0 $0
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $11.4M+4.3% $11.0M+17.0% $9.4M-21.7% $12.0M+3.6% $11.6M+6.6% $10.9M+60.0% $6.8M+48.3% $4.6M
Current Liabilities $11.4M+4.3% $11.0M+17.0% $9.4M-21.7% $12.0M+3.6% $11.6M+6.6% $10.8M+60.0% $6.8M+48.1% $4.6M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$11.0M-6.4% -$10.4M-12.4% -$9.2M-47.2% -$6.3M-6.2% -$5.9M+29.4% -$8.4M-26.0% -$6.6M-48.2% -$4.5M
Retained Earnings -$20.1M-6.2% -$18.9M-13.0% -$16.7M-2.0% -$16.4M-3.7% -$15.8M-52.9% -$10.4M-38.3% -$7.5M-40.5% -$5.3M

TNRG Cash Flow Statement

Metric Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22 Q3'22
Operating Cash Flow -$44K+95.6% -$1.0M-1150.8% -$80K-11.8% -$72K+80.9% -$376K+22.5% -$485K-29.4% -$375K-35.9% -$276K
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A $0 $0
Financing Cash Flow $41K-96.0% $1.0M+2146.7% $45K-53.1% $96K-73.0% $356K-24.1% $469K+18.9% $394K+30.5% $302K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $0-100.0% $1K N/A N/A $0 $0 N/A N/A

TNRG Financial Ratios

Metric Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22 Q3'22
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets -283.5%+77.5pp -360.9% N/A -10.2%+86.6pp -96.8%+18.4pp -115.2% N/A N/A
Current Ratio 0.04-0.0 0.06+0.0 0.020.0 0.020.0 0.02-0.2 0.23+0.2 0.020.0 0.02
Debt-to-Equity -1.04+0.0 -1.06-0.0 -1.02+0.9 -1.91+0.0 -1.96-0.7 -1.30-0.3 -1.020.0 -1.02
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$9.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Thunder Energies Corp (TNRG) reported $0 in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Thunder Energies Corp (TNRG) reported diluted earnings per share of $-0.13 for fiscal year 2023. This represents a -62.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Thunder Energies Corp (TNRG) had $155K in total assets as of fiscal year 2023, including both current and long-term assets.

Thunder Energies Corp (TNRG) had 112M shares outstanding as of fiscal year 2023.

Thunder Energies Corp (TNRG) had a current ratio of 0.02 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

Thunder Energies Corp (TNRG) had a debt-to-equity ratio of -1.02 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

Thunder Energies Corp (TNRG) has negative shareholder equity of -$9.2M as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Thunder Energies Corp (TNRG) scores 16 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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