Solid Power (SLDP) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
20.1M
Gross Profit
-145.0K
-0.72%
Operating Income
-105.3M
-523.03%
Net Income
-96.5M
-479.27%
EPS (Diluted)
-$0.54
Balance Sheet Metrics
Total Assets
448.2M
Total Liabilities
37.9M
Shareholders Equity
410.3M
Debt to Equity
0.09
Cash Flow Metrics
Operating Cash Flow
-64.1M
Free Cash Flow
-80.3M
Revenue & Profitability Trend
Solid Power Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 20.1M | 17.4M | 11.8M | 2.7M | 2.1M |
| Cost of Goods Sold | 20.3M | 27.7M | 9.6M | 3.1M | 1.7M |
| Gross Profit | -145.0K | -10.3M | 2.2M | -361.0K | 433.0K |
| Operating Expenses | 105.2M | 80.3M | 61.3M | 26.2M | 12.0M |
| Operating Income | -105.3M | -90.6M | -59.1M | -26.5M | -11.6M |
| Pre-tax Income | -95.2M | -65.5M | -9.8M | 18.1M | -14.3M |
| Income Tax | 1.2M | 0 | -227.0K | -25.0K | 118.0K |
| Net Income | -96.5M | -65.5M | -9.6M | 18.1M | -14.4M |
| EPS (Diluted) | -$0.54 | -$0.37 | -$0.05 | $0.11 | -$0.09 |
Income Statement Trend
Solid Power Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 125.2M | 183.1M | 327.8M | 594.4M | 5.5M |
| Non-Current Assets | 323.0M | 349.7M | 266.6M | 23.3M | 8.7M |
| Total Assets | 448.2M | 532.8M | 594.4M | 617.7M | 14.2M |
| Liabilities | |||||
| Current Liabilities | 20.0M | 15.9M | 20.7M | 8.4M | 1.8M |
| Non-Current Liabilities | 18.0M | 13.6M | 18.3M | 50.6M | 8.5M |
| Total Liabilities | 37.9M | 29.5M | 39.1M | 59.0M | 10.3M |
| Equity | |||||
| Total Shareholders Equity | 410.3M | 503.3M | 555.4M | 558.7M | 3.9M |
Balance Sheet Composition
Solid Power Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -96.5M | -65.5M | -9.6M | 18.1M | -14.4M |
| Operating Cash Flow | -64.1M | -43.9M | 5.8M | 24.2M | -12.0M |
| Investing Activities | |||||
| Capital Expenditures | -15.9M | -34.5M | -58.3M | -12.6M | -1.0M |
| Investing Cash Flow | 64.6M | 43.1M | -429.5M | -88.5M | -1.0M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -9.7M | -54.0K | -454.0K | 622.7M | 5.4M |
| Free Cash Flow | -80.3M | -93.3M | -92.6M | -38.4M | -11.1M |
Cash Flow Trend
Solid Power Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-4.61
Forward P/E
-5.08
Price to Book
1.14
Price to Sales
22.11
PEG Ratio
-5.08
Profitability Ratios
Profit Margin
-0.72%
Operating Margin
-399.42%
Return on Equity
-20.64%
Return on Assets
-13.84%
Financial Health
Current Ratio
23.90
Debt to Equity
2.30
Beta
1.62
Per Share Data
EPS (TTM)
-$0.50
Book Value per Share
$2.18
Revenue per Share
$0.11
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| sldp | 446.6M | -4.61 | 1.14 | -20.64% | -0.72% | 2.30 |
| O'Reilly Automotive | 78.3B | 33.68 | -3.87 | -174.09% | 14.10% | -5.97 |
| AutoZone | 62.0B | 25.13 | -15.61 | -56.06% | 13.56% | -3.17 |
| Phinia | 1.9B | 27.66 | 1.27 | 4.49% | 2.28% | 67.86 |
| Adient plc | 1.9B | 86.55 | 1.16 | -8.17% | -1.86% | 130.40 |
| Fox Factory Holding | 1.2B | 161.00 | 1.28 | -23.42% | -17.64% | 86.74 |
Financial data is updated regularly. All figures are in the company's reporting currency.