TX Rail Products Financials
This page shows TX Rail Products (TXRP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).
Financial Health Signals
Based on FY2019 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 TX Rail Products'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.
TX Rail Products has an operating margin of 1.8%, meaning the company retains $2 of operating profit per $100 of revenue. This below-average margin results in a low score of 25/100, suggesting thin profitability after operating expenses. This is up from 1.5% the prior year.
TX Rail Products's revenue grew a modest 2.5% year-over-year to $3.9M. This slow but positive growth earns a score of 57/100.
TX Rail Products's current ratio of 1.06 is below the typical benchmark, resulting in a score of 16/100. This tight liquidity could limit financial flexibility if cash inflows slow.
TX Rail Products scores -6.66, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($10.4M) relative to total liabilities ($4.1M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
TX Rail Products passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, TX Rail Products generates $-1.52 in operating cash flow (-$64K OCF vs $42K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
TX Rail Products earns $0.5 in operating income for every $1 of interest expense ($69K vs $131K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
TX Rail Products generated $3.9M in revenue in fiscal year 2019. This represents an increase of 2.5% from the prior year.
TX Rail Products's EBITDA was $76K in fiscal year 2019, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 17.0% from the prior year.
TX Rail Products reported $42K in net income in fiscal year 2019. This represents an increase of 176.9% from the prior year.
Cash & Balance Sheet
TX Rail Products held $17K in cash against $425K in long-term debt as of fiscal year 2019.
TX Rail Products had 48M shares outstanding in fiscal year 2019. This represents an increase of 0.0% from the prior year.
Margins & Returns
TX Rail Products's gross margin was 15.8% in fiscal year 2019, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the prior year.
TX Rail Products's operating margin was 1.8% in fiscal year 2019, reflecting core business profitability. This is up 0.3 percentage points from the prior year.
TX Rail Products's net profit margin was 1.1% in fiscal year 2019, showing the share of revenue converted to profit. This is up 2.5 percentage points from the prior year.
Capital Allocation
TXRP Income Statement
| Metric | Q4'19 | Q3'19 | Q2'19 | Q1'19 | Q4'18 | Q3'18 | Q2'18 | Q1'18 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $776K-24.6% | $1.0M-8.2% | $1.1M+11.1% | $1.0M+36.5% | $739K-26.3% | $1.0M-8.7% | $1.1M+9.9% | $999K |
| Cost of Revenue | $649K-28.2% | $905K-2.9% | $931K+12.4% | $829K+36.7% | $606K-27.2% | $833K-6.1% | $887K+3.2% | $859K |
| Gross Profit | $127K+2.3% | $124K-34.5% | $190K+5.3% | $180K+35.4% | $133K-21.9% | $170K-19.7% | $212K+51.4% | $140K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$31K-20.1% | -$26K-131.9% | $82K+83.6% | $44K+197.6% | -$46K-252.7% | $30K-62.5% | $80K+1406.3% | -$6K |
| Interest Expense | $26K-20.9% | $33K-12.1% | $37K+5.7% | $35K+11.5% | $32K-5.4% | $33K+4.6% | $32K+0.3% | $32K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$39K-239.9% | $28K-37.5% | $44K+383.0% | $9K+112.8% | -$72K-12828.0% | $564-98.8% | $48K+250.8% | -$32K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TXRP Balance Sheet
| Metric | Q4'19 | Q3'19 | Q2'19 | Q1'19 | Q4'18 | Q3'18 | Q2'18 | Q1'18 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.1M-7.3% | $2.3M-2.9% | $2.4M+7.7% | $2.2M+3.4% | $2.1M-0.8% | $2.2M-8.8% | $2.4M-4.5% | $2.5M |
| Current Assets | $1.8M-22.5% | $2.3M-2.1% | $2.3M+8.0% | $2.2M+3.5% | $2.1M-0.7% | $2.1M-8.9% | $2.3M-4.5% | $2.4M |
| Cash & Equivalents | $17K+126.6% | $8K-95.0% | $152K+132.9% | $65K+77.9% | $37K-12.5% | $42K+673.8% | $5K-43.4% | $10K |
| Inventory | $1.5M | N/A | N/A | N/A | $1.8M+6.4% | $1.7M+0.3% | $1.7M-2.6% | $1.7M |
| Accounts Receivable | $275K-32.7% | $409K-11.1% | $460K+63.3% | $282K+8.6% | $260K-31.3% | $378K-39.1% | $621K-1.3% | $629K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $4.1M-3.1% | $4.2M-2.2% | $4.3M+3.0% | $4.2M+1.5% | $4.1M+1.3% | $4.1M-4.9% | $4.3M-3.6% | $4.4M |
| Current Liabilities | $1.7M-6.5% | $1.8M-4.5% | $1.9M+8.4% | $1.7M+5.0% | $1.6M+2.8% | $1.6M-10.2% | $1.8M-8.2% | $1.9M |
| Long-Term Debt | $425K-3.1% | $439K-3.0% | $453K-3.9% | $471K-3.8% | $490K+2.1% | $480K-5.5% | $507K-0.1% | $508K |
| Total Equity | -$2.0M-2.0% | -$1.9M+1.4% | -$1.9M+2.2% | -$2.0M+0.5% | -$2.0M-3.7% | -$1.9M0.0% | -$1.9M+2.4% | -$2.0M |
| Retained Earnings | -$15.6M-0.2% | -$15.5M+0.2% | -$15.6M+0.3% | -$15.6M+0.1% | -$15.6M-0.5% | -$15.5M0.0% | -$15.5M+0.3% | -$15.6M |
TXRP Cash Flow Statement
| Metric | Q4'19 | Q3'19 | Q2'19 | Q1'19 | Q4'18 | Q3'18 | Q2'18 | Q1'18 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$25K+80.3% | -$126K-235.4% | $93K+1470.8% | -$7K+88.9% | -$61K-185.3% | $72K+568.3% | $11K+140.4% | -$27K |
| 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 | N/A | N/A |
| Financing Cash Flow | $24K+228.2% | -$19K-198.6% | -$6K-117.6% | $35K-36.8% | $56K+258.9% | -$35K-136.7% | -$15K-246.3% | -$4K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TXRP Financial Ratios
| Metric | Q4'19 | Q3'19 | Q2'19 | Q1'19 | Q4'18 | Q3'18 | Q2'18 | Q1'18 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.4%+4.3pp | 12.1%-4.8pp | 16.9%-0.9pp | 17.8%-0.1pp | 18.0%+1.0pp | 17.0%-2.3pp | 19.3%+5.3pp | 14.0% |
| Operating Margin | -4.0%-1.5pp | -2.5%-9.8pp | 7.3%+2.9pp | 4.4%+10.6pp | -6.2%-9.1pp | 3.0%-4.3pp | 7.2%+7.8pp | -0.6% |
| Net Margin | -5.0%-7.7pp | 2.7%-1.3pp | 4.0%+3.0pp | 0.9%+10.6pp | -9.7%-9.8pp | 0.1%-4.3pp | 4.3%+7.5pp | -3.1% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -1.8%-3.0pp | 1.2%-0.7pp | 1.9%+1.4pp | 0.4%+3.8pp | -3.4%-3.4pp | 0.0%-2.0pp | 2.0%+3.3pp | -1.3% |
| Current Ratio | 1.06-0.2 | 1.28+0.0 | 1.250.0 | 1.26-0.0 | 1.28-0.0 | 1.32+0.0 | 1.30+0.1 | 1.25 |
| Debt-to-Equity | -0.22+0.0 | -0.230.0 | -0.230.0 | -0.240.0 | -0.250.0 | -0.25+0.0 | -0.260.0 | -0.26 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$2.0M), 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.
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Frequently Asked Questions
What is TX Rail Products's annual revenue?
TX Rail Products (TXRP) reported $3.9M in total revenue for fiscal year 2019. This represents a 2.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is TX Rail Products's revenue growing?
TX Rail Products (TXRP) revenue grew by 2.5% year-over-year, from $3.8M to $3.9M in fiscal year 2019.
Is TX Rail Products profitable?
Yes, TX Rail Products (TXRP) reported a net income of $42K in fiscal year 2019, with a net profit margin of 1.1%.
What is TX Rail Products's EBITDA?
TX Rail Products (TXRP) had EBITDA of $76K in fiscal year 2019, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does TX Rail Products have?
As of fiscal year 2019, TX Rail Products (TXRP) had $17K in cash and equivalents against $425K in long-term debt.
What is TX Rail Products's gross margin?
TX Rail Products (TXRP) had a gross margin of 15.8% in fiscal year 2019, indicating the percentage of revenue retained after direct costs of goods sold.
What is TX Rail Products's operating margin?
TX Rail Products (TXRP) had an operating margin of 1.8% in fiscal year 2019, reflecting the profitability of core business operations before interest and taxes.
What is TX Rail Products's net profit margin?
TX Rail Products (TXRP) had a net profit margin of 1.1% in fiscal year 2019, representing the share of revenue converted into profit after all expenses.
What is TX Rail Products's operating cash flow?
TX Rail Products (TXRP) generated -$64K in operating cash flow during fiscal year 2019, representing cash generated from core business activities.
What are TX Rail Products's total assets?
TX Rail Products (TXRP) had $2.1M in total assets as of fiscal year 2019, including both current and long-term assets.
What is TX Rail Products's current ratio?
TX Rail Products (TXRP) had a current ratio of 1.06 as of fiscal year 2019, which is considered adequate.
What is TX Rail Products's debt-to-equity ratio?
TX Rail Products (TXRP) had a debt-to-equity ratio of -0.22 as of fiscal year 2019, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is TX Rail Products's return on assets (ROA)?
TX Rail Products (TXRP) had a return on assets of 2.0% for fiscal year 2019, measuring how efficiently the company uses its assets to generate profit.
What is TX Rail Products's cash runway?
Based on fiscal year 2019 data, TX Rail Products (TXRP) had $17K in cash against an annual operating cash burn of $64K. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is TX Rail Products's debt-to-equity ratio negative or unusual?
TX Rail Products (TXRP) has negative shareholder equity of -$2.0M as of fiscal year 2019, 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.
What is TX Rail Products's Altman Z-Score?
TX Rail Products (TXRP) has an Altman Z-Score of -6.66, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is TX Rail Products's Piotroski F-Score?
TX Rail Products (TXRP) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are TX Rail Products's earnings high quality?
TX Rail Products (TXRP) has an earnings quality ratio of -1.52x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can TX Rail Products cover its interest payments?
TX Rail Products (TXRP) has an interest coverage ratio of 0.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is TX Rail Products?
TX Rail Products (TXRP) 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.