Filed for bankruptcy in Feb 2024
HCDI - Harbor Custom Development, Inc.
NASDAQ
->
Real Estate
->
Real Estate—Development
Gig Harbor,
United States
Type: Equity
HCDI price evolution
HCDI
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $8.65 | $8.93 | $8.29 | $10.26 |
| Short term investments | ||||
| Net receivables | $0.18 | $0.82 | $1.24 | $1.71 |
| Inventory | ||||
| Total current assets | $10.1 | $11.21 | $11.38 | $16.69 |
| Long term investments | ||||
| Property, plant & equipment | $212.33 | $215.66 | $221.66 | $209.69 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $1.06 | $2.12 | $2.39 | $4.53 |
| Total assets | $223.98 | $236.9 | $241.97 | $236.17 |
| Current liabilities | ||||
| Accounts payable | $7.53 | $8.14 | $13.78 | $14.09 |
| Deferred revenue | $0.37 | $0.43 | $0.82 | $0.55 |
| Short long term debt | ||||
| Total current liabilities | $157 | $146.43 | $149.14 | $135.17 |
| Long term debt | $15.2 | $18.43 | $23.13 | $24.89 |
| Total noncurrent liabilities | ||||
| Total debt | $158.92 | $152.91 | $156.59 | $145.34 |
| Total liabilities | $172.53 | $165.29 | $173.09 | $160.61 |
| Shareholders' equity | ||||
| Retained earnings | -$57.55 | -$37.37 | -$31.09 | -$24.33 |
| Other shareholder equity | ||||
| Total shareholder equity | $51.45 | $71.61 | $68.87 | $75.56 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $10.26 | $26.23 | $2.4 | $0.43 |
| Short term investments | ||||
| Net receivables | $1.71 | $1.11 | $0.08 | $0.01 |
| Inventory | ||||
| Total current assets | $16.69 | $29.52 | $4.13 | $0.56 |
| Long term investments | ||||
| Property, plant & equipment | $209.69 | $134.77 | $9.05 | $6.2 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $29.49 | $31.2 | ||
| Total investments | $4.53 | $2 | ||
| Total assets | $236.17 | $169.7 | $33.62 | $32.21 |
| Current liabilities | ||||
| Accounts payable | $14.09 | $10.66 | $2.7 | $3.78 |
| Deferred revenue | $0.55 | $0.04 | $0.9 | $0.07 |
| Short long term debt | ||||
| Total current liabilities | $135.17 | $65.09 | $2.7 | $3.78 |
| Long term debt | $24.89 | $4.83 | $21.77 | $27.5 |
| Total noncurrent liabilities | $24.5 | $29.21 | ||
| Total debt | $145.34 | $58.58 | $23.61 | $29.59 |
| Total liabilities | $160.61 | $69.96 | $27.2 | $33.44 |
| Shareholders' equity | ||||
| Retained earnings | -$24.33 | $1.65 | -$4.49 | -$0.95 |
| Other shareholder equity | -$1.29 | -$1.06 | ||
| Total shareholder equity | $75.56 | $101.03 | $7.7 | -$0.16 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $5.54 | $19.84 | $9.18 | $4.8 |
| Cost of revenue | $13.79 | $22.76 | $11.23 | $9.81 |
| Gross Profit | -$8.25 | -$2.92 | -$2.04 | -$5.01 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $2.39 | $2.38 | $2.94 | $4.22 |
| Total operating expenses | $2.39 | $2.38 | $2.94 | $4.22 |
| Operating income | -$10.64 | -$5.3 | -$4.98 | -$9.23 |
| Income from continuing operations | ||||
| EBIT | -$10.61 | -$5.22 | -$4.93 | -$12.45 |
| Income tax expense | $7.24 | -$1.37 | -$1.28 | -$2.52 |
| Interest expense | $0.42 | $0.53 | $1.21 | $0.71 |
| Net income | ||||
| Net income | -$18.27 | -$4.38 | -$4.86 | -$10.64 |
| Income (for common shares) | -$20.18 | -$6.28 | -$6.77 | -$12.55 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $55.41 | $72.35 | $50.4 | $30.95 |
| Cost of revenue | $55.87 | $50.42 | $48.39 | $27.65 |
| Gross Profit | -$0.45 | $21.93 | $2 | $3.31 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $16.24 | $11.15 | $5.49 | $3.47 |
| Total operating expenses | $16.24 | $11.15 | $5.49 | $3.47 |
| Operating income | -$16.69 | $10.78 | -$3.49 | -$0.16 |
| Income from continuing operations | ||||
| EBIT | -$19.62 | $10.87 | -$3.03 | -$0.04 |
| Income tax expense | -$4.46 | $1.77 | $0.12 | -$0.63 |
| Interest expense | $1.76 | $0.25 | $0.38 | $0.36 |
| Net income | ||||
| Net income | -$16.92 | $8.86 | -$3.53 | $0.24 |
| Income (for common shares) | -$24.68 | $6.13 | -$3.53 | $0.24 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Net income | -$18.27 | -$4.38 | -$4.86 | -$10.64 |
| Operating activities | ||||
| Depreciation | $0.12 | $0.14 | $0.14 | $0.49 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.02 | $0.08 | $0.08 | $0.04 |
| Total cash flows from operations | -$5.46 | -$3.66 | -$11.63 | -$25.69 |
| Investing activities | ||||
| Capital expenditures | -$0.01 | $0.13 | $0.13 | $4.08 |
| Investments | ||||
| Total cash flows from investing | -$0.01 | $0.13 | $0.13 | $4.08 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0 | $8.94 | -$0 | |
| Net borrowings | $5.19 | -$4.76 | $10.16 | $19.47 |
| Total cash flows from financing | $5.19 | $4.17 | $9.53 | $17.56 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$0.28 | $0.64 | -$1.98 | -$4.04 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Net income | -$16.92 | $8.86 | -$3.53 | $0.24 |
| Operating activities | ||||
| Depreciation | $1.95 | $1.47 | $0.88 | $0.58 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.52 | $0.5 | $0.12 | $0.01 |
| Total cash flows from operations | -$93.87 | -$86.42 | $3.02 | -$3.18 |
| Investing activities | ||||
| Capital expenditures | $2.47 | -$0.68 | $0.58 | -$0.4 |
| Investments | ||||
| Total cash flows from investing | $2.47 | -$0.68 | $0.58 | -$0.4 |
| Financing activities | ||||
| Dividends paid | -$2.05 | |||
| Sale and purchase of stock | -$0.02 | $20.12 | $10.79 | |
| Net borrowings | $83.25 | $26.23 | -$12.35 | $5.57 |
| Total cash flows from financing | $75.44 | $110.93 | -$1.63 | $3.8 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$15.96 | $23.83 | $1.97 | $0.21 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 2.30M |
| Revenue | $39.36M |
|---|---|
| EBITDA | -$32.33M |
| EBIT | -$33.22M |
| Net Income | -$38.16M |
| Revenue Q/Q | -52.88% |
| Revenue Y/Y | -48.85% |
| P/E ratio | 0.00 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.00 |
| Book/Share | 22.37 |
| Cash/Share | 3.76 |
| EPS | -$16.59 |
|---|---|
| ROA | -16.25% |
| ROE | -57.06% |
| Debt/Equity | 2.13 |
|---|---|
| Net debt/EBITDA | -5.07 |
| Current ratio | 0.06 |
| Quick ratio | 0.06 |