Corsa Coal Corp.

Corsa Coal Corp.

CRSXF
Corsa Coal Corp.US flagOther OTC
0.15
USD
- -
- -
15.82MMarket Cap
2012 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
3.76
3.9
4.09
3.24
2.11
1.19
2.3
2.81
2.45
1.36
1.32
1.61
1.9
1.61
Basic EPS, GAAP
-1.95
-0.02
2.03
-0.99
-2.28
-0.44
0.74
0.03
-0.03
-0.6
0.02
-0.27
0.23
-0.04
Free Cash Flow per Basic Share
-1.55
0.37
0.58
-0.73
-0.06
-0.11
0.06
-0.04
0.08
0.09
-0.05
0.02
0.22
0.14
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-3.54
0.66
5.18
3.68
0.49
0.3
1
1.04
1.03
0.45
0.88
0.59
0.82
0.65
Tangible Book Value per Share
5.19
1.14
5.2
4.77
1.04
0.73
1.53
1.59
1.6
0.93
0.89
0.6
0.83
0.65
Basic Weighted Avg Shares
14
19
25
43
61
81
95
95
95
95
100
103
103
104
Sales/Revenue/Turnover
54
74
102
141
129
97
218
266
232
128
131
166
197
167
Operating Margin (%)
-20
13.04
7.22
-19.31
-116.23
-28.6
51.68
2.59
-0.84
-47.91
-4.69
-10.68
9.71
-6.22
Depreciation Expense
9
7
11
25
35
19
11
25
26
20
16
12
13
16
Net Income, GAAP
-28
- -
51
-43
-140
-36
70
2
-3
-57
2
-28
24
-4
Effective Tax Rate (%)
- -
112.02
6.71
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.05
6.49
Profit Margin (%)
-51.88
-0.47
49.62
-30.46
-107.92
-36.98
32.07
0.92
-1.17
-44.15
1.18
-16.72
11.95
-2.43
Working Capital
-23
-5
7
22
5
15
18
4
16
22
14
-9
10
-11
LT Debt
7
7
8
28
31
34
32
23
25
32
28
23
20
17
Total Equity
74
21
130
207
64
59
144
151
151
88
89
62
86
68
Return on Invested Capital (%)
- -
-1.6
7.61
- -
- -
- -
79.62
- -
- -
- -
-4.99
- -
18.62
- -
Return on Capital (%)
- -
-8.96
60.17
- -
- -
- -
44.39
- -
- -
- -
3.59
- -
28.79
15.91
Return on Common Equity (%)
- -
- -
71.58
-29.65
-147.08
-132.09
117.6
2.54
-2.76
-80.83
2.39
-37.4
32.33
-5.86

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
2
6
6
LT Borrowings
17
14
14
LT Finance Leases
4
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
104
104
Market Capitalization
31
22
19

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
36
31
25
Cash, Cash Equivalents & STI
11
9
3
Accounts Receivable, Net
14
10
9
Inventories
7
10
11
Total Current Liabilities
26
34
36
Payables & Accruals
16
19
20
ST Debt
2
6
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.99%
-6.45%
38.83%
Free Cash Flow
-39.22%
37.02%
781.77%
Net Income, GAAP
-82.56%
-80.38%
-184.94%
Sales/Revenue/Turnover
14.12%
-2%
18.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
39
42
46
39
166
2023
48
55
51
43
197
2024
36
37
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.04
-0.03
-0.04
- -
-0.27
2023
0.02
0.08
0.19
- -
0.23
2024
-0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Kevin M. Harrigan
Full Time Employees
400
Sector
Energy
Industry
Coal
Address
1576 Stoystown Road Friedens PA United States of America 15541
IPO Date
Dec 31, 2010
Business
Corsa Coal Corp. engages primarily in the production, processing, and sale of high-quality metallurgical and thermal coal for industrial customers, particularly steel and coke producers. The company operates its mining activities through its Northern Appalachia Division, with coal operations located in the Northern Appalachia coal belt region of the United States. Its product offerings include low volatile metallurgical coal used in coke production, as well as thermal coal. Founded in 2007, Corsa Coal Corp. is headquartered in Friedens, Pennsylvania. Recently, Corsa Coal faced significant operational and financial challenges, leading to a voluntary petition for reorganization under Chapter 11 in January 2025. The company experienced difficult mining conditions, such as adverse geology and equipment wear at its Horning and Acosta mines, causing increased production and maintenance costs. In early 2025, Corsa sold certain assets, including underground mines, to Rosebud Mining Company for $15 million following bankruptcy proceedings. This asset sale marked a major strategic shift, reflecting the company’s efforts to restructure and manage debt pressures amid fluctuating coal market prices and inflationary pressures. Additionally, post-bankruptcy, Rosebud Mining rehired many former Corsa employees, indicating ongoing operational continuity in some areas. Corsa Coal's business is primarily focused on serving the steel and coke production industries with its coal products, and it maintains operational segments for mining and corporate investment management. The company's challenges and restructuring efforts through 2024 and 2025 have been key developments affecting its business operations and strategic positioning in the coal industry.

Company News

APIChatGPT
  • Corsa Coal: $23 Million PennDOT Windfall De-Risks Equity