CompanyGraph
What stands out
- Most companies in its industry are interface businesses; this one is a production business
At a glance
- Depends onDownstream position: depends on 23 industries, supplies 5
- ScaleLevered free cash flow is -$208.51M, lower than 95% of all stocks globally
- PositionGross margin is -71.1%, lower than 95% of its Capital Markets peers (median 54.5%)
- Interpretations6 currently firing — 6
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are interface businesses; this one is a production business
Sign in to view price data.
Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
2.30BUSDvs all stocks (USD)
Revenue (TTM)
229.28MUSDvs all stocks (USD)
52-Week Change
34.75%vs all stocks
Market Capitalization
2.30BUSDvs all stocks (USD)
Enterprise Value
2.41BUSDvs all stocks (USD)
Forward P/E
-198.00xvs Capital Markets peers
Price to Sales (TTM)
10.04xvs Capital Markets peers
Price to Book (MRQ)
4.89xvs Capital Markets peers
Enterprise to Revenue
10.52xvs Capital Markets peers
Enterprise to EBITDA
-113.06xvs Capital Markets peers
Gross Margin
-71.11%vs Capital Markets peers
Operating Margin
-85.77%vs Capital Markets peers
Return on Assets (TTM)
-16.08%vs Capital Markets peers
Return on Equity (TTM)
-37.21%vs Capital Markets peers
Revenue (TTM)
229.28MUSDvs all stocks (USD)
Revenue per Share (TTM)
0.4156USDUpdated Sep 27, 2026Quarterly Revenue Growth
-26.35%vs Capital Markets peers
Gross Profit (TTM)
-18.90MUSDvs all stocks (USD)
EBITDA (TTM)
0.00USDvs all stocks (USD)
Net Income (TTM)
-208.51MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
-44.47%vs Capital Markets peers
Operating Cash Flow (TTM)
-348.23MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
-208.51MUSDvs all stocks (USD)
Trailing Annual Dividend Rate
0.00USDUpdated Sep 27, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Capital Markets peers
Revenue
229.28MUSDFY2025 · Dec 31, 2025Cost of Goods Sold
248.18MUSDFY2025 · Dec 31, 2025Gross Profit
-18.90MUSDFY2025 · Dec 31, 2025Operating Income
-97.24MUSDvs all stocks (USD)
Pre-tax Income
-208.41MUSDFY2025 · Dec 31, 2025Income Tax Expense
101.00KUSDFY2025 · Dec 31, 2025Net Income
-208.51MUSDFY2025 · Dec 31, 2025EBIT
-196.64MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
-21.34MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
78.34MUSDFY2025 · Dec 31, 2025Non-operating Interest Income
6.29MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
11.77MUSDFY2025 · Dec 31, 2025EPS (Basic)
-0.5200USDFY2025 · Dec 31, 2025EPS (Diluted)
-0.5200USDFY2025 · Dec 31, 2025Basic Shares Outstanding
551.68MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
551.68MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-284.54MUSDFY2025 · Dec 31, 2025Operating Cash Flow
-348.23MUSDFY2025 · Dec 31, 2025Free Cash Flow
-434.12MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
630.96MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-284.54MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
122.63MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
406.00KUSDFY2025 · Dec 31, 2025Stock-based Compensation
14.98MUSDFY2025 · Dec 31, 2025Other Non-cash Items
-203.24MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-1.50MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
-2.05MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
5.09MUSDFY2025 · Dec 31, 2025Capital Expenditures
-85.90MUSDFY2025 · Dec 31, 2025Net Acquisitions
14.95MUSDFY2025 · Dec 31, 2025Purchase of Investments
-189.67MUSDFY2025 · Dec 31, 2025Sale of Investments
205.05MUSDFY2025 · Dec 31, 2025Other Investing Activity
159.30MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
103.74MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
666.47MUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-1.60MUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-9.95MUSDFY2025 · Dec 31, 2025Other Financing Charges
-69.09MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
658.57MUSDFY2025 · Dec 31, 2025Shares Outstanding
602.85MSharesUpdated Sep 27, 2026Shares Short
67.42MSharesUpdated Sep 27, 2026Short Ratio
2.29daysvs all stocks
Short % of Shares Outstanding
11.55%vs all stocks
% Held by Insiders
4.61%vs all stocks
% Held by Institutions
40.00%vs all stocks
Total Cash (MRQ)
357.28MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
0.5929USDUpdated Sep 27, 2026Total Debt (MRQ)
590.97MUSDvs all stocks (USD)
Current Ratio (MRQ)
9.60xvs Capital Markets peers
Book Value per Share (MRQ)
0.4050USDUpdated Sep 27, 2026Total Assets
1.30BUSDvs all stocks (USD)
Total Current Assets
826.47MUSDFY2025 · Dec 31, 2025Total Liabilities
735.97MUSDFY2025 · Dec 31, 2025Total Non-current Assets
469.88MUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
587.86MUSDFY2025 · Dec 31, 2025Total Current Liabilities
148.11MUSDFY2025 · Dec 31, 2025Cash
573.46MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
573.46MUSDFY2025 · Dec 31, 2025Accounts Receivable
5.47MUSDFY2025 · Dec 31, 2025Inventory
8.68MUSDFY2025 · Dec 31, 2025Accounts Payable
16.27MUSDFY2025 · Dec 31, 2025Short-term Debt
98.75MUSDFY2025 · Dec 31, 2025Other Current Liabilities
2.92MUSDFY2025 · Dec 31, 2025Long-term Debt
585.03MUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
2.76MUSDFY2025 · Dec 31, 2025Common Stock (Book)
1.06BUSDFY2025 · Dec 31, 2025Retained Earnings
-612.48MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
560.38MUSDvs all stocks (USD)
52-Week Low
1.68USDUpdated Sep 27, 202652-Week High
7.37USDUpdated Sep 27, 202652-Week Change
34.75%vs all stocks
50-Day MA
2.14USDUpdated Sep 27, 2026200-Day MA
2.45USDUpdated Sep 27, 2026Avg 10-Day Volume
42.29MSharesUpdated Sep 27, 2026Avg 30-Day Volume
38.06MSharesUpdated Sep 27, 2026Diluted EPS (TTM)
-0.3800USDUpdated Sep 27, 2026Other Income / Expense
-102.25MUSDFY2025 · Dec 31, 20256 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Cash Elevated Relative to Current Liabilities and Total Assets
Its cash covers more of its near-term bills than in its industry, and is a large share of everything it owns.
Reads
Long-Term Debt A High Share Of Total Liabilities, Short-Term Debt A High Share Of Current Liabilities
Borrowing makes up most of what it owes, both the long-dated part and the part due soon.
Reads
Liquidity Ratios Elevated
It can cover near-term bills from cash alone, not just from inventory.
Reads
How does this company use capital?
Working Capital Pattern
What customers owe has grown three years running, while it clears stock quickly and pays suppliers quickly.
Reads
Three Turnover Ratios Elevated
Collects fast, clears inventory fast, and pays suppliers fast too.
Reads
Where is this company structurally exposed?
Ulcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility Elevated
It sits well below its peak, and the fall has been both deep and long.
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is -71.1%, lower than 95% of its Capital Markets peers (median 54.5%)Significant
Gross margin: -0.71Industry median: 0.54Industry P5: 0.02Peers compared: 77.00
Return on equity is -37.2%, lower than 95% of its Capital Markets peers (median 7.1%)Significant
Return on equity: -0.37Industry median: 0.07Industry P5: -0.26Peers compared: 77.00
Return on assets is -16.1%, lower than 95% of its Capital Markets peers (median 1.4%)Significant
Return on assets: -0.16Industry median: 0.01Industry P5: -0.14Peers compared: 77.00
Current ratio is 9.6×, higher than 95% of its Capital Markets peers (median 1.72×)Significant
Current ratio: 9.60Industry median: 1.72Industry P95: 5.64Peers compared: 77.00
Structural Tensions
Most companies in its industry are interface businesses; this one is a production businessSignificant
Industry peers: 172Share on the common pattern %: 71.00
Financial Health
Low earnings qualitySignificant
Earnings Quality Score: -1.16
Supply Chain
Downstream position: depends on 23 industries, supplies 5Notable
Outgoing: 5.00Incoming: 23.00
High connectivity hub: 28 industry connectionsNotable
Total Connections: 28.00
Scale
Levered free cash flow is -$208.51M, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -208,514,000Global P5: -204,451,341.808
Market cap is $2.3B, above the global median of $1.2BNotable
Market cap (USD): 2,302,428,694Global Median: 1,201,862,193
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Companies that share active interpretations — structural patterns currently present in both stocks.
Ramaco Resources Inc.
3 interpretationsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedCash Elevated Relative to Current Liabilities and Total AssetsLiquidity Ratios Elevated
Ondas Holdings Inc.
3 interpretationsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedCash Elevated Relative to Current Liabilities and Total AssetsLiquidity Ratios Elevated
Red Cat Holdings, Inc.
3 interpretationsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedCash Elevated Relative to Current Liabilities and Total AssetsLiquidity Ratios Elevated