TXRPOTCWholesale-Industrial Machinery & EquipmentFiscal year ends September 30
TX Rail Products, Inc.
Financials through Q4 FY2019, quarter ended Sep 30, 2019Last filing: 10-K on Dec 9, 2019
$0.22+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $10.66M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2005 to 2019
Gross margin
15.8%
Operating margin
1.7%
Net margin
1.1%
Growth rates
Compound annual growth to fiscal 2019
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.5% | +22.7% | – | – | |
| Gross profit | -5.2% | +30.6% | -11.4% | – | |
| Operating income | +19.1% | – | – | – | |
| Net income | – | – | -34.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2010 | FY2014 | FY2019 | Trend |
|---|---|---|---|---|
| Return on equity | 54.1% | -36.1% | -2.1% | |
| Return on assets | – | 11.3% | 2.0% | |
| Current ratio | 0.00 | 1.51 | 1.06 | |
| Debt to equity | – | – | -0.25 | |
| Net debt to EBITDA | – | – | 6.28× | |
| Interest coverage | -7.9× | -0.4× | 0.5× | |
| Diluted shares | – | 48M | 48M |
Cash use needs five years of cash flow figures
TX Rail Products does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.1%
×Asset turnover1.84×
×Equity multiplier-1.08×
=Return on equity, FY2019-2.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2019 | 1.1% | 1.84× | -1.08× | -2.1% |
| FY2018 | -1.4% | 1.75× | -1.12× | 2.8% |
| FY2017 | -4.1% | 1.26× | -1.27× | 6.6% |
| FY2016 | -31.9% | 0.73× | -1.98× | 46.0% |
| FY2015 | -12.0% | 0.91× | -3.59× | 39.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2019 against fiscal 2018
5of 9 tests passed in fiscal 2019. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$42.44K
- Cash generatingOperating cash flow above zero-$64.33K
- Return on assets improvedROA up on the prior year-2.4% → 2.0%
- Earnings backed by cashOperating cash flow above net income-$64.33K vs $42.44K
- Less leverageLong-term debt to assets fell22.9% → 19.9%
- Better liquidityCurrent ratio rose1.28 → 1.06
- No dilutionShare count did not rise48M → 48M
- Gross margin improvedGross margin up on the prior year17.06% → 15.78%
- More efficientAsset turnover rose1.70 → 1.84