Solaris Oilfield Infrastructure, Inc.

SOI

SOISolaris Oilfield Infrastructure, Inc. US flag

New York Stock Exchange

11.32

USD

-0.10

- -

498.11MMarket Cap

Income Statement (USD)

API Chat

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	14	18	67	197	242	103	159	320	293
+ Sales & Services Revenue	14	18	67	197	242	103	159	320	293
- Cost of Revenue	9	10	24	79	115	93	143	250	214
+ Cost of Goods & Services	9	10	24	79	115	93	143	250	214
Gross Profit	5	8	44	118	127	10	17	70	79
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	6	5	18	19	19	22	17	28	28
+ Selling, General & Admin	6	5	14	17	19	16	19	23	27
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	4	2	1	6	-2	5	1
Operating Income (Loss)	-1	3	25	99	108	-12	- -	42	51
- Non-Operating (Income) Loss	- -	- -	-23	- -	1	48	- -	- -	5
+ Interest Expense, Net	- -	- -	- -	- -	1	- -	- -	- -	3
+ Interest Expense	- -	- -	- -	- -	1	- -	- -	- -	3
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	-23	- -	- -	48	- -	- -	1
Pretax Income	-1	3	48	99	107	-60	-1	41	47
- Income Tax Expense (Benefit)	- -	- -	34	13	17	-9	1	8	8
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-1	3	15	86	90	-51	-1	34	39
- Net Extraordinary Losses (Gains)	-3	6	38	87	77	-44	-1	25	29
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-3	6	38	87	77	-44	-1	25	29
Income (Loss) Incl. MI	1	-3	-23	-1	14	-8	- -	9	10
- Minority Interest	1	-3	-19	-44	-38	22	- -	-12	-14
Net Income, GAAP	- -	- -	-4	42	52	-29	-1	21	24
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	- -	-4	42	52	-29	-1	21	24
EBIT	-1	3	25	99	108	-12	- -	42	51
EBITDA	1	7	32	118	135	15	27	72	88
EBITDA Margin (%)	8.32	36.64	47.62	59.69	55.8	14.52	16.85	22.57	29.87
EBITA	-1	3	25	99	108	-12	- -	42	51
Gross Margin (%)	35.35	44.16	65.1	59.77	52.59	9.9	10.38	21.81	26.94
Operating Margin (%)	-8.54	15.76	37.78	50.35	44.66	-11.72	-0.24	13.06	17.52
Profit Margin (%)	- -	- -	-6.19	21.52	21.52	-28.49	-0.55	6.61	8.31
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	2.13	0.18	0.64	0.66	0.44	0.44	0.47
Depreciation Expense	2	4	7	18	27	27	27	30	36
Basic Weighted Avg Shares	10	10	12	26	30	29	31	31	30
Basic EPS, GAAP	- -	- -	-0.34	1.65	1.73	-1.01	-0.03	0.67	0.82
Basic EPS from Cont Ops	-0.14	0.28	1.21	3.35	3	-1.77	-0.04	1.06	1.31
Diluted Weighted Avg Shares	10	10	12	26	30	29	31	31	30
Diluted EPS, GAAP	- -	- -	-0.34	1.64	1.72	-1.01	-0.03	0.67	0.82
Diluted EPS from Cont Ops	-0.14	0.28	1.21	3.33	2.99	-1.77	-0.04	1.06	1.31

Balance Sheet (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	11	10	88	81	118	82	81	89	67
+ Cash, Cash Equivalents & STI	7	4	63	25	67	60	36	9	6
+ Cash & Cash Equivalents	7	4	63	25	67	60	36	9	6
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	2	5	13	40	39	18	35	71	48
+ Accounts Receivable, Net	2	5	13	40	39	18	33	69	47
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	2	2	1
+ Inventories	2	1	8	10	7	1	2	5	7
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	-3	- -	- -	- -
+ Other Inventory	2	1	8	10	7	4	2	5	7
+ Other ST Assets	- -	- -	4	5	5	2	8	3	6
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	60	67	212	378	387	330	325	374	401
+ Property, Plant & Equip, Net	47	54	151	297	314	251	244	302	336
+ Property, Plant & Equip	51	63	166	330	374	332	348	429	496
- Accumulated Depreciation	4	8	15	33	60	81	104	127	160
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	13	13	61	81	73	80	81	72	65
+ Total Intangible Assets	13	13	23	22	21	16	15	14	14
+ Goodwill	13	13	17	17	17	13	13	13	13
+ Other Intangible Assets	- -	- -	5	5	4	3	2	1	1
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	38	60	52	64	66	57	52
Total Assets	71	77	300	459	505	412	406	463	468
+ Payables & Accruals	2	2	16	17	16	15	23	45	25
+ Accounts Payable	1	1	5	9	4	7	10	26	13
+ Accrued Taxes	1	1	1	2	6	3	3	7	7
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	10	6	6	6	10	13	6
+ ST Debt	- -	- -	- -	- -	1	1	1	3	4
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	1	1	1	3	4
+ Other ST Liabilities	1	1	5	18	4	4	6	8	8
+ Deferred Revenue	- -	- -	- -	13	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	1	5	5	4	4	6	8	8
Total Current Liabilities	3	3	21	35	20	20	29	56	37
+ LT Debt	- -	3	- -	13	8	8	7	18	44
+ LT Borrowings	- -	3	- -	13	- -	- -	- -	8	30
+ LT Finance Leases	- -	- -	- -	- -	8	8	7	10	14
+ Other LT Liabilities	- -	- -	25	69	67	69	72	72	72
+ Accrued Liabilities	- -	- -	- -	12	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	25	57	67	69	72	72	72
Total Noncurrent Liabilities	- -	3	25	82	75	76	79	90	116
Total Liabilities	3	6	46	118	95	96	108	145	153
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	68	69	118	164	192	181	197	203	189
+ Common Stock	68	69	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	118	164	192	180	197	203	188
- Treasury Stock	- -	- -	- -	1	3	- -	- -	- -	- -
+ Retained Earnings	-1	2	-4	36	74	21	6	13	17
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	67	71	113	198	264	201	203	216	206
+ Minority/Non Controlling Interest	- -	- -	141	142	146	114	95	101	110
Total Equity	67	71	254	341	410	315	298	317	316
Total Liabilities & Equity	71	77	300	459	505	412	406	463	468
Shares Outstanding	11	11	19	27	31	29	31	32	29
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	9	8	8	12	18
Net Debt	-7	-1	-63	-12	-67	-60	-36	-1	24
Net Debt to Equity	-9.87	-1.07	-24.95	-3.54	-16.33	-19.13	-12.25	-0.26	7.66
Tangible Common Equity Ratio	94.64	90.82	83.58	73.05	80.29	75.65	72.29	67.54	66.41
Current Ratio	4.01	3.2	4.27	2.29	5.77	4.04	2.77	1.59	1.8
Cash Conversion Cycle	- -	90.73	81.32	58.87	65.94	94.06	40.85	37.79	50.25

Cash Flow Statement (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-1	3	15	86	90	-51	-1	34	39
+ Depreciation & Amortization	2	4	7	18	27	27	27	30	36
+ Non-Cash Items	- -	- -	15	17	22	48	6	16	16
+ Stock-Based Compensation	- -	- -	4	4	4	5	5	6	8
+ Deferred Income Taxes	- -	- -	33	12	16	-9	- -	8	7
+ Asset Impairment Charge	- -	- -	- -	- -	- -	48	- -	- -	1
+ Other Non-Cash Adj	- -	- -	-23	1	1	4	1	3	- -
+ Chg in Non-Cash Work Cap	1	-2	-9	-5	-24	20	-15	-12	-1
+ (Inc) Dec in Accts Receiv	1	-3	-8	-27	1	17	-15	-36	20
+ (Inc) Dec in Inventories	2	- -	-8	-10	-3	- -	-1	-5	-6
+ (Inc) Dec in Prepaid Assets	1	- -	-3	-1	2	2	-7	6	2
+ Inc (Dec) in Accts Payable	-3	- -	10	7	1	1	8	19	-17
+ Inc (Dec) in Other	- -	- -	- -	25	-25	- -	- -	3	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	2	5	27	116	115	44	16	68	90
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-28	-11	-94	-161	-35	-5	-20	-81	-64
+ Acq of Fixed Prod Assets	-28	-11	-94	-161	-35	-5	-20	-81	-64
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	156	-1	-4	-27	- -	- -	-26
+ Increase in Capital Stock	- -	- -	156	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	-1	-4	-27	- -	- -	-26
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	-5	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	-5	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	1	1	1	- -	2	2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-28	-11	-99	-161	-34	-4	-20	-80	-62
+ Dividends Paid	- -	- -	-26	-5	-19	-19	-14	-14	-14
+ Net Cash From Debt	- -	2	2	13	-13	- -	- -	6	19
+ Cash From Debt	- -	2	8	13	- -	- -	- -	11	35
+ Repayments of Debt	- -	- -	-6	- -	-13	- -	- -	-5	-16
+ Other Financing Activities	8	1	- -	-1	-2	- -	-7	-9	-10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	8	3	132	6	-39	-47	-21	-16	-31
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-18	-3	60	-38	42	-7	-24	-28	-3
EBITDA	1	7	32	118	135	15	27	72	88
EBITDA Margin (%)	8.32	36.64	47.62	59.69	55.8	14.52	16.85	22.57	29.87
Free Cash Flow	-26	-6	-67	-45	80	39	-3	-13	26
Net Cash Paid for Acquisitions	- -	- -	5	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	-6	-67	-44	81	- -	- -	-13	28
Free Cash Flow to Equity	- -	-4	-65	-32	67	39	-3	-7	45
Free Cash Flow per Basic Share	-2.54	-0.64	-5.55	-1.74	2.65	1.36	-0.1	-0.43	0.86
Price/Free Cash Flow	- -	- -	1.63	0.86	2.22	4.07	4.92	1.91	1.47
Cash Flow to Net Income	- -	- -	-6.4	2.74	2.21	-1.49	-18.98	3.21	3.7
Capital Expenditures	-28	-11	-94	-161	-35	-5	-20	-81	-64