Back to top
more

FTC Solar (FTCI)

(Delayed Data from NSDQ)

$0.54 USD

0.54
1,468,323

+0.08 (16.45%)

Updated May 3, 2024 04:00 PM ET

After-Market: $0.55 +0.01 (1.29%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value B Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 34% (165 out of 251)

Industry: Solar

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for FTCI

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for FTC Solar, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 25 44 102 33 8
Receivables 65 49 108 24 14
Notes Receivable 0 0 0 0 0
Inventories 4 15 9 2 5
Other Current Assets 14 10 17 7 4
Total Current Assets 109 119 236 66 31
Net Property & Equipment 2 2 2 0 0
Investments & Advances 0 0 0 2 3
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 8 9 0 0 0
Deposits & Other Assets 3 4 4 4 1
Total Assets 123 134 243 71 34
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 8 16 39 17 8
Current Portion Long-Term Debt 0 0 0 1 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 35 24 48 19 6
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 12 20 6 23 20
Total Current Liabilities 55 60 93 60 34
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 1 8
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 5 7 6 3 1
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 61 68 100 64 42
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 362 315 292 50 18
Retained Earnings -299 -249 -149 -43 -27
Other Equity 0 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 62 66 143 7 -8
Total Liabilities & Shareholder's Equity 123 134 243 71 34
Total Common Equity 62 66 143 7 -8
Shares Outstanding 125.00 103.20 84.90 NA NA
Book Value Per Share 0.50 0.64 1.68 0.00 0.00

Fiscal Year End for FTC Solar, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 25 32 34 41
Receivables NA 65 71 70 61
Notes Receivable NA 0 0 0 0
Inventories NA 4 5 6 9
Other Current Assets NA 14 13 10 9
Total Current Assets NA 109 121 120 121
Net Property & Equipment NA 2 2 2 2
Investments & Advances NA 0 1 1 1
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 8 8 8 9
Deposits & Other Assets NA 3 3 5 5
Total Assets NA 123 136 137 139
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 8 10 27 24
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 35 26 12 21
Income Taxes Payable NA 0 0 0 1
Other Current Liabilities NA 12 20 11 18
Total Current Liabilities NA 55 56 51 63
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 5 6 6
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 61 62 58 71
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 362 363 351 329
Retained Earnings NA -299 -288 -271 -261
Other Equity NA 0 -1 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 62 74 79 68
Total Liabilities & Shareholder's Equity NA 123 136 137 139
Total Common Equity 0 62 74 79 68
Shares Outstanding 125.00 125.00 118.10 111.70 111.00
Book Value Per Share 0.00 0.50 0.63 0.71 0.61