Delcath Systems (DCTH) Financials

$17.06 +0.87 (+5.37%)

Closing price 04:00 PM Eastern

Extended Trading

$17.25 +0.19 (+1.11%)

As of 06:51 PM Eastern

Annual Income Statements for Delcath Systems

This table shows Delcath Systems' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-26	-48	-37
Consolidated Net Income / (Loss)	-26	-48	-37
Net Income / (Loss) Continuing Operations	-26	-48	-37
Total Pre-Tax Income	-26	-48	-37
Total Operating Income	-12	-38	-34
Total Gross Profit	31	1.43	2.03
Total Revenue	37	2.07	2.72
Operating Revenue	37	2.07	2.72
Total Cost of Revenue	6.19	0.64	0.69
Operating Cost of Revenue	6.19	0.64	0.69
Total Operating Expenses	43	40	36
Selling, General & Admin Expense	30	22	17
Research & Development Expense	14	18	19
Total Other Income / (Expense), net	-14	-9.44	-2.69
Interest & Investment Income	0.13	-1.44	-2.69
Other Income / (Expense), net	-14	-8.00	0.00
Other Gains / (Losses), net	-0.03	-0.06	0.03
Basic Earnings per Share	($0.93)	($2.94)	($4.12)
Weighted Average Basic Shares Outstanding	28.51M	16.23M	8.86M
Diluted Earnings per Share	($0.93)	($2.94)	($4.12)
Weighted Average Diluted Shares Outstanding	28.51M	16.23M	8.86M
Weighted Average Basic & Diluted Shares Outstanding	33.40M	24.56M	10.06M

This table shows Delcath Systems' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-3.40	1.86	-14	-11	-11	-20	-7.20	-9.00	-8.47	-8.88
Consolidated Net Income / (Loss)	-3.40	1.86	-14	-11	-11	-20	-7.20	-9.00	-8.47	-8.88
Net Income / (Loss) Continuing Operations	-3.40	1.86	-14	-11	-11	-20	-7.20	-9.00	-8.47	-8.88
Total Pre-Tax Income	-3.35	1.83	-14	-11	-11	-20	-7.21	-9.01	-8.48	-8.90
Total Operating Income	3.04	-1.26	-3.91	-10	-11	-11	-8.00	-8.33	-7.85	-8.17
Total Gross Profit	13	9.56	6.25	2.24	0.37	0.30	0.35	0.42	0.40	0.67
Total Revenue	15	11	7.77	3.14	0.54	0.43	0.50	0.60	0.64	0.91
Operating Revenue	15	11	7.77	3.14	0.54	0.43	0.50	0.60	0.64	0.91
Total Cost of Revenue	2.13	1.64	1.52	0.90	0.17	0.13	0.15	0.18	0.24	0.24
Operating Cost of Revenue	2.13	1.64	1.52	0.90	0.17	0.13	0.15	0.18	0.24	0.24
Total Operating Expenses	9.94	11	10	13	12	11	8.34	8.74	8.25	8.84
Selling, General & Admin Expense	7.02	6.95	6.77	8.81	6.96	6.20	4.79	4.17	3.82	4.78
Research & Development Expense	2.91	3.87	3.39	3.70	4.71	4.66	3.56	4.58	4.43	4.07
Total Other Income / (Expense), net	-6.38	3.09	-9.84	-0.81	0.24	-9.78	0.79	-0.69	-0.63	-0.73
Interest & Investment Income	0.30	0.11	-0.08	-0.20	0.02	-0.40	-0.37	-0.69	-0.65	-0.73
Other Income / (Expense), net	-6.68	2.98	-9.76	-0.61	0.23	-9.38	1.16	0.00	0.02	0.00
Other Gains / (Losses), net	-0.05	0.04	0.01	-0.02	-0.07	-0.01	0.01	0.01	-	0.03
Basic Earnings per Share	($0.06)	$0.06	($0.48)	($0.45)	($0.45)	($1.14)	($0.58)	($0.77)	($0.82)	($0.96)
Weighted Average Basic Shares Outstanding	28.51M	28.74M	28.36M	24.89M	16.23M	17.86M	12.46M	11.62M	8.86M	9.22M
Diluted Earnings per Share	($0.06)	$0.06	($0.48)	($0.45)	($0.45)	($1.14)	($0.58)	($0.77)	($0.82)	($0.96)
Weighted Average Diluted Shares Outstanding	28.51M	32.35M	28.36M	24.89M	16.23M	17.86M	12.46M	11.62M	8.86M	9.22M
Weighted Average Basic & Diluted Shares Outstanding	33.40M	31.97M	28.00M	27.79M	24.56M	22.05M	15.28M	10.62M	10.06M	8.60M

This table details how cash moves in and out of Delcath Systems' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	20	0.87	-15
Net Cash From Operating Activities	-19	-31	-25
Net Cash From Continuing Operating Activities	-19	-31	-25
Net Income / (Loss) Continuing Operations	-26	-48	-37
Consolidated Net Income / (Loss)	-26	-48	-37
Depreciation Expense	0.13	0.13	0.13
Amortization Expense	-0.03	0.90	0.77
Non-Cash Adjustments To Reconcile Net Income	23	16	8.54
Changes in Operating Assets and Liabilities, net	-16	-0.91	2.11
Net Cash From Investing Activities	-0.98	-20	-0.21
Net Cash From Continuing Investing Activities	-0.98	-20	-0.21
Purchase of Property, Plant & Equipment	-0.56	-0.06	-0.21
Purchase of Investments	-52	-20	0.00
Sale and/or Maturity of Investments	52	0.00	0.00
Net Cash From Financing Activities	39	52	10
Net Cash From Continuing Financing Activities	39	52	10
Repayment of Debt	-11	-6.31	-0.71
Issuance of Common Equity	7.02	23	11
Other Financing Activities, net	43	35	0.00
Other Net Changes in Cash	-0.03	0.06	-0.12
Cash Interest Paid	1.24	1.46	1.87

This table details how cash moves in and out of Delcath Systems' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	24	-6.47	2.97	-0.89	-28	26	-9.68	12	-2.16	-0.37
Net Cash From Operating Activities	-1.01	-3.64	-4.45	-9.58	-8.18	-9.16	-9.65	-4.26	-7.36	-5.18
Net Cash From Continuing Operating Activities	-0.94	-3.70	-4.45	-9.58	-8.00	-9.34	-9.65	-4.26	-7.36	-5.18
Net Income / (Loss) Continuing Operations	-3.40	1.86	-14	-11	-11	-20	-7.20	-9.00	-8.47	-8.88
Consolidated Net Income / (Loss)	-3.40	1.86	-14	-11	-11	-20	-7.20	-9.00	-8.47	-8.88
Depreciation Expense	0.04	0.03	0.03	0.03	0.04	0.03	0.03	0.03	0.03	0.07
Amortization Expense	-0.04	-0.06	0.04	0.03	0.31	0.19	0.19	0.19	-0.15	0.53
Non-Cash Adjustments To Reconcile Net Income	7.46	-0.83	13	3.61	1.73	12	0.65	1.79	2.41	1.43
Changes in Operating Assets and Liabilities, net	-5.00	-4.71	-3.67	-2.14	1.05	-1.36	-3.32	2.72	-1.18	1.67
Net Cash From Investing Activities	-15	-0.70	10	4.66	-20	0.00	-0.04	0.00	-	-0.07
Net Cash From Continuing Investing Activities	-15	-0.70	10	4.66	-20	0.00	-0.04	0.00	-	-0.07
Purchase of Property, Plant & Equipment	-0.23	-0.22	-0.10	-0.01	-0.02	0.00	-0.04	0.00	-	-0.07
Purchase of Investments	-21	-11	-10	-10	-20	-	-	0.00	-	-
Sale and/or Maturity of Investments	5.69	11	21	15	-	-	-	0.00	-	-
Net Cash From Financing Activities	40	-2.14	-2.85	4.02	0.00	35	0.01	17	5.25	4.90
Net Cash From Continuing Financing Activities	40	-2.14	-2.85	4.02	0.00	35	0.01	17	5.25	4.90
Repayment of Debt	-2.00	-2.50	-3.05	-3.05	-	-	-	-6.31	-0.71	-
Other Financing Activities, net	42	0.19	0.43	0.00	0.00	35	0.01	0.00	-	-
Other Net Changes in Cash	-0.05	0.01	-0.01	0.02	0.03	0.01	-0.00	0.02	-0.05	-0.02
Cash Interest Paid	0.85	0.01	0.13	0.25	0.34	0.34	0.30	0.49	0.54	0.50

This table presents Delcath Systems' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	77	39	18
Total Current Assets	74	37	16
Cash & Equivalents	32	13	7.67
Restricted Cash	0.00	0.05	4.15
Short-Term Investments	21	20	0.00
Accounts Receivable	11	0.24	0.37
Inventories, net	6.93	3.32	2.00
Prepaid Expenses	2.70	1.09	1.97
Plant, Property, & Equipment, net	1.79	1.35	1.42
Total Noncurrent Assets	1.04	0.10	0.29
Other Noncurrent Operating Assets	1.04	0.10	0.29
Total Liabilities & Shareholders' Equity	77	39	18
Total Liabilities	7.84	23	24
Total Current Liabilities	6.14	16	15
Short-Term Debt	0.00	10	7.85
Accounts Payable	0.96	1.01	2.02
Accrued Expenses	5.08	5.25	4.69
Other Current Liabilities	0.11	0.04	0.19
Total Noncurrent Liabilities	1.70	6.39	8.99
Other Noncurrent Operating Liabilities	1.70	6.39	1.14
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	69	16	-5.86
Total Preferred & Common Equity	69	16	-5.86
Preferred Stock	0.00	0.00	0.00
Total Common Equity	69	16	-5.86
Common Stock	600	521	452
Retained Earnings	-532	-505	-457
Accumulated Other Comprehensive Income / (Loss)	0.08	0.14	-0.08

This table presents Delcath Systems' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	32	34	36	48	21	31	20
Total Current Assets	29	31	34	46	19	29	18
Cash & Equivalents	8.32	15	12	40	15	24	9.83
Restricted Cash	0.00	0.00	0.05	0.05	0.05	0.05	4.15
Short-Term Investments	5.68	5.12	15	-	-	-	-
Accounts Receivable	6.94	3.73	1.56	0.21	0.13	0.46	0.54
Inventories, net	6.64	6.32	3.63	2.67	2.48	2.34	1.93
Prepaid Expenses	1.31	1.45	1.28	2.71	2.28	1.96	2.04
Plant, Property, & Equipment, net	1.73	1.42	1.34	1.37	1.40	1.39	1.45
Total Noncurrent Assets	1.07	1.09	1.12	0.11	0.18	0.19	0.29
Other Noncurrent Operating Assets	1.07	1.09	1.12	0.11	0.18	0.19	0.29
Total Liabilities & Shareholders' Equity	32	34	36	48	21	31	20
Total Liabilities	23	30	21	23	21	25	25
Total Current Liabilities	22	12	13	14	11	13	14
Short-Term Debt	2.00	4.49	7.36	7.96	4.51	3.77	6.48
Accounts Payable	0.94	3.28	1.49	0.75	0.97	2.43	2.63
Accrued Expenses	5.71	4.42	4.40	5.23	5.55	7.12	5.14
Other Current Liabilities	13	0.10	0.10	0.04	0.09	0.09	0.20
Total Noncurrent Liabilities	1.53	17	8.14	8.88	10	12	11
Other Noncurrent Operating Liabilities	1.53	17	8.14	6.88	4.93	6.10	1.30
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	8.57	4.19	15	25	-0.24	-13	-5.25
Total Preferred & Common Equity	8.57	4.19	15	25	-0.24	-13	-5.25
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	8.57	4.19	15	25	-0.24	-13	-5.25
Common Stock	537	534	531	519	474	453	442
Retained Earnings	-528	-530	-516	-494	-474	-466	-447
Accumulated Other Comprehensive Income / (Loss)	0.01	0.01	0.16	-0.06	-0.06	-0.06	-0.06

This table displays calculated financial ratios and metrics derived from Delcath Systems' official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	1,701.69%	-24.05%	-23.52%
EBITDA Growth	41.58%	-37.03%	-37.34%
EBIT Growth	42.66%	-36.41%	-38.38%
NOPAT Growth	67.50%	-12.79%	-38.00%
Net Income Growth	44.66%	-30.60%	-42.34%
EPS Growth	68.37%	28.64%	-14.76%
Operating Cash Flow Growth	40.22%	-25.25%	-10.38%
Free Cash Flow Firm Growth	-38.99%	-5.08%	6.26%
Invested Capital Growth	335.87%	-230.01%	-415.85%
Revenue Q/Q Growth	64.30%	-4.57%	-35.11%
EBITDA Q/Q Growth	21.79%	-6.54%	-12.02%
EBIT Q/Q Growth	21.93%	-7.54%	-10.43%
NOPAT Q/Q Growth	53.61%	-9.93%	-10.43%
Net Income Q/Q Growth	22.68%	-5.92%	-9.36%
EPS Q/Q Growth	29.55%	11.18%	-13.81%
Operating Cash Flow Q/Q Growth	27.74%	-2.69%	-5.63%
Free Cash Flow Firm Q/Q Growth	-45.57%	-3.01%	-3.84%
Invested Capital Q/Q Growth	553.46%	-12.68%	34.01%
Profitability Metrics	-	-	-
Gross Margin	83.37%	69.25%	74.77%
EBITDA Margin	-70.90%	-2,186.73%	-1,211.95%
Operating Margin	-33.36%	-1,849.01%	-1,245.05%
EBIT Margin	-71.18%	-2,236.32%	-1,245.05%
Profit (Net Income) Margin	-70.92%	-2,308.86%	-1,342.70%
Tax Burden Percent	100.11%	100.12%	99.92%
Interest Burden Percent	99.53%	103.12%	107.93%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-194.43%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-147.60%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	131.99%	0.00%	0.00%
Return on Equity (ROE)	-62.44%	-961.44%	-1,198.36%
Cash Return on Invested Capital (CROIC)	-198.39%	0.00%	0.00%
Operating Return on Assets (OROA)	-45.97%	-163.54%	-132.79%
Return on Assets (ROA)	-45.81%	-168.85%	-143.21%
Return on Common Equity (ROCE)	-62.44%	-961.44%	-1,198.36%
Return on Equity Simple (ROE_SIMPLE)	-38.38%	-302.20%	623.11%
Net Operating Profit after Tax (NOPAT)	-8.69	-27	-24
NOPAT Margin	-23.35%	-1,294.31%	-871.54%
Net Nonoperating Expense Percent (NNEP)	-46.83%	-226.64%	-343.69%
Return On Investment Capital (ROIC_SIMPLE)	-12.64%	-103.09%	-
Cost of Revenue to Revenue	16.63%	30.75%	25.23%
SG&A Expenses to Revenue	79.43%	1,070.70%	636.37%
R&D to Revenue	37.29%	847.55%	683.45%
Operating Expenses to Revenue	116.72%	1,918.26%	1,319.82%
Earnings before Interest and Taxes (EBIT)	-26	-46	-34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-26	-45	-33
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	5.60	5.81	0.00
Price to Tangible Book Value (P/TBV)	5.60	5.81	0.00
Price to Revenue (P/Rev)	10.35	44.41	11.38
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	21.38	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	8.92	33.59	12.81
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.64	-2.68
Long-Term Debt to Equity	0.00	0.00	-1.34
Financial Leverage	-0.89	-1.86	-1.22
Leverage Ratio	1.36	5.69	8.37
Compound Leverage Factor	1.36	5.87	9.03
Debt to Total Capital	0.00%	39.15%	159.61%
Short-Term Debt to Total Capital	0.00%	39.15%	79.83%
Long-Term Debt to Total Capital	0.00%	0.00%	79.78%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	60.85%	-59.61%
Debt to EBITDA	0.00	-0.22	-0.48
Net Debt to EBITDA	0.00	0.50	-0.12
Long-Term Debt to EBITDA	0.00	0.00	-0.24
Debt to NOPAT	0.00	-0.38	-0.66
Net Debt to NOPAT	0.00	0.84	-0.16
Long-Term Debt to NOPAT	0.00	0.00	-0.33
Altman Z-Score	20.14	-19.16	-41.08
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	12.01	2.26	1.10
Quick Ratio	10.44	1.99	0.55
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-31	-22	-21
Operating Cash Flow to CapEx	-3,341.86%	-53,881.03%	-11,937.80%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.65	0.07	0.11
Accounts Receivable Turnover	6.68	6.80	13.26
Inventory Turnover	1.21	0.24	0.40
Fixed Asset Turnover	23.68	1.49	1.96
Accounts Payable Turnover	6.27	0.42	0.52
Days Sales Outstanding (DSO)	54.60	53.65	27.52
Days Inventory Outstanding (DIO)	302.45	1,528.98	907.18
Days Payable Outstanding (DPO)	58.19	870.83	706.59
Cash Conversion Cycle (CCC)	298.86	711.79	228.11
Capital & Investment Metrics	-	-	-
Invested Capital	16	-6.58	-1.99
Invested Capital Turnover	8.33	-0.48	-3.99
Increase / (Decrease) in Invested Capital	22	-4.58	-2.62
Enterprise Value (EV)	332	69	35
Market Capitalization	385	92	31
Book Value per Share	$2.15	$0.72	($0.68)
Tangible Book Value per Share	$2.15	$0.72	($0.68)
Total Capital	69	26	9.83
Total Debt	0.00	10	16
Total Long-Term Debt	0.00	0.00	7.84
Net Debt	-53	-22	3.87
Capital Expenditures (CapEx)	0.56	0.06	0.21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	14	-1.64	-2.56
Debt-free Net Working Capital (DFNWC)	68	31	9.27
Net Working Capital (NWC)	68	21	1.42
Net Nonoperating Expense (NNE)	18	21	13
Net Nonoperating Obligations (NNO)	-53	-22	3.87
Total Depreciation and Amortization (D&A)	0.10	1.02	0.90
Debt-free, Cash-free Net Working Capital to Revenue	38.66%	-79.61%	-94.01%
Debt-free Net Working Capital to Revenue	181.74%	1,494.43%	340.79%
Net Working Capital to Revenue	181.74%	1,002.91%	52.23%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($0.93)	($2.94)	($4.12)
Adjusted Weighted Average Basic Shares Outstanding	28.51M	16.23M	8.86M
Adjusted Diluted Earnings per Share	($0.93)	($2.94)	($4.12)
Adjusted Weighted Average Diluted Shares Outstanding	28.51M	16.23M	8.86M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.40M	24.56M	10.06M
Normalized Net Operating Profit after Tax (NOPAT)	-8.69	-27	-24
Normalized NOPAT Margin	-23.35%	-1,294.31%	-871.54%
Pre Tax Income Margin	-70.84%	-2,306.00%	-1,343.80%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Delcath Systems' official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2,701.48%	2,480.65%	1,468.89%	425.80%	-15.52%	-52.10%	-37.89%	57.94%	-69.75%	73.56%
EBITDA Growth	66.02%	108.58%	-105.59%	-33.67%	-34.88%	-160.37%	29.62%	-0.85%	-79.46%	-15.94%
EBIT Growth	67.14%	108.61%	-99.90%	-30.81%	-41.32%	-143.97%	27.93%	0.36%	-68.33%	-22.06%
NOPAT Growth	126.88%	82.96%	51.08%	-23.46%	-43.93%	-29.16%	15.70%	0.18%	-68.65%	-22.06%
Net Income Growth	69.49%	109.16%	-90.79%	-23.46%	-31.44%	-129.13%	29.11%	0.00%	-58.44%	-24.59%
EPS Growth	86.67%	105.26%	17.24%	41.56%	45.12%	-18.75%	53.23%	30.00%	-9.33%	-2.13%
Operating Cash Flow Growth	87.70%	60.27%	53.87%	-124.77%	-11.13%	-76.89%	-59.81%	33.11%	-22.06%	-5.56%
Free Cash Flow Firm Growth	-499.70%	19.62%	300.05%	-375.26%	-15.83%	-0.38%	77.91%	137.55%	66.46%	47.26%
Invested Capital Growth	335.87%	41.39%	-121.36%	44.83%	-230.01%	-93.28%	-330.03%	-1,774.73%	-415.85%	-62.89%
Revenue Q/Q Growth	34.82%	44.22%	147.40%	482.37%	24.19%	-12.32%	-17.09%	-6.43%	-29.58%	13.68%
EBITDA Q/Q Growth	-315.37%	112.44%	-25.57%	1.50%	45.62%	-198.13%	18.36%	-1.90%	-4.98%	19.41%
EBIT Q/Q Growth	-312.12%	112.56%	-25.50%	1.70%	44.44%	-191.65%	17.87%	-6.20%	4.09%	13.84%
NOPAT Q/Q Growth	268.97%	54.02%	61.94%	9.08%	-7.09%	-32.00%	3.94%	-6.00%	3.90%	13.84%
Net Income Q/Q Growth	-282.30%	113.57%	-23.67%	0.22%	45.25%	-182.42%	19.98%	-6.23%	4.56%	12.62%
EPS Q/Q Growth	-200.00%	112.50%	-6.67%	0.00%	60.53%	-96.55%	24.68%	6.10%	14.58%	22.58%
Operating Cash Flow Q/Q Growth	72.36%	18.22%	53.56%	-17.19%	10.73%	5.05%	-126.27%	42.06%	-42.09%	14.21%
Free Cash Flow Firm Q/Q Growth	-443.20%	-207.63%	129.92%	-242.87%	27.19%	-167.87%	-141.16%	244.29%	36.91%	41.05%
Invested Capital Q/Q Growth	553.46%	69.52%	-116.12%	21.04%	-12.68%	-15.13%	46.13%	-372.25%	34.01%	-156.15%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	85.92%	85.36%	80.44%	71.23%	68.27%	69.35%	69.70%	69.68%	62.70%	74.06%
EBITDA Margin	-24.13%	15.11%	-175.10%	-344.98%	-1,989.42%	-4,543.32%	-1,336.16%	-1,356.95%	-1,246.08%	-835.87%
Operating Margin	20.13%	-11.24%	-50.37%	-327.43%	-2,097.22%	-2,432.26%	-1,615.56%	-1,394.47%	-1,231.03%	-902.10%
EBIT Margin	-24.11%	15.32%	-175.99%	-346.93%	-2,055.29%	-4,594.47%	-1,381.21%	-1,394.47%	-1,228.68%	-902.10%
Profit (Net Income) Margin	-22.50%	16.64%	-176.94%	-353.97%	-2,066.05%	-4,686.64%	-1,454.95%	-1,507.54%	-1,327.90%	-979.80%
Tax Burden Percent	101.58%	101.91%	99.93%	100.20%	100.66%	100.02%	99.92%	99.86%	99.86%	99.71%
Interest Burden Percent	91.90%	106.59%	100.61%	101.83%	99.86%	101.98%	105.43%	108.26%	108.23%	108.93%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	117.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	131.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-117.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-0.67%	-205.01%	-2,852.05%	-500.09%	-961.44%	-462.32%	2,172.99%	-694.27%	-1,198.36%	-1,030.34%
Cash Return on Invested Capital (CROIC)	-198.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-15.57%	8.75%	-76.06%	-47.93%	-150.30%	-293.27%	-172.90%	-141.48%	-131.05%	-138.32%
Return on Assets (ROA)	-14.54%	9.51%	-76.48%	-48.90%	-151.09%	-299.16%	-182.13%	-152.95%	-141.63%	-150.24%
Return on Common Equity (ROCE)	-0.67%	-205.01%	-2,852.05%	-38.78%	-961.44%	-462.32%	2,172.99%	518.27%	-1,198.36%	-1,030.34%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-398.13%	-1,343.70%	-340.55%	0.00%	-182.10%	0.00%	279.20%	0.00%	636.35%
Net Operating Profit after Tax (NOPAT)	2.13	-1.26	-2.74	-7.19	-7.91	-7.39	-5.60	-5.83	-5.50	-5.72
NOPAT Margin	14.09%	-11.24%	-35.26%	-229.20%	-1,468.05%	-1,702.58%	-1,130.89%	-976.13%	-861.72%	-631.47%
Net Nonoperating Expense Percent (NNEP)	-14.62%	14.68%	-108.71%	-22.69%	-34.87%	-91.43%	-101.49%	-32.76%	-79.79%	-55.59%
Return On Investment Capital (ROIC_SIMPLE)	3.09%	-	-	-	-30.52%	-	-	-	-	-
Cost of Revenue to Revenue	14.08%	14.64%	19.56%	28.77%	31.73%	30.65%	30.30%	30.32%	37.30%	25.94%
SG&A Expenses to Revenue	46.50%	62.08%	87.11%	280.79%	1,291.84%	1,427.42%	967.07%	697.65%	599.22%	527.48%
R&D to Revenue	19.30%	34.52%	43.70%	117.87%	873.65%	1,074.19%	718.18%	766.50%	694.51%	448.68%
Operating Expenses to Revenue	65.79%	96.60%	130.81%	398.66%	2,165.49%	2,501.61%	1,685.25%	1,464.15%	1,293.73%	976.16%
Earnings before Interest and Taxes (EBIT)	-3.64	1.72	-14	-11	-11	-20	-6.84	-8.33	-7.84	-8.17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-3.64	1.69	-14	-11	-11	-20	-6.61	-8.10	-7.95	-7.57
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.60	29.50	55.48	8.01	5.81	2.50	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	5.60	29.50	55.48	8.01	5.81	2.50	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	10.35	11.17	19.58	25.43	44.41	28.59	23.49	19.69	11.38	6.57
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	21.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	8.92	10.64	18.28	21.13	33.59	14.47	21.66	20.94	12.81	7.10
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.23	1.07	0.50	0.64	0.40	-40.34	1.81	-2.68	-3.09
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.08	-21.70	1.10	-1.34	-1.85
Financial Leverage	-0.89	-1.28	-5.12	-1.73	-1.86	-1.45	1.02	-1.84	-1.22	-1.75
Leverage Ratio	1.36	2.38	13.91	3.35	5.69	3.48	-13.64	5.51	8.37	8.43
Compound Leverage Factor	1.25	2.54	14.00	3.41	5.69	3.55	-14.38	5.96	9.06	9.19
Debt to Total Capital	0.00%	18.92%	51.72%	33.48%	39.15%	28.71%	102.54%	64.39%	159.61%	147.86%
Short-Term Debt to Total Capital	0.00%	18.92%	51.72%	33.48%	39.15%	22.94%	47.37%	25.37%	79.83%	59.12%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	5.77%	55.17%	39.02%	79.78%	88.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	123.61%	0.00%	0.00%
Common Equity to Total Capital	100.00%	81.08%	48.28%	66.52%	60.85%	71.29%	-2.54%	-87.99%	-59.61%	-47.86%
Debt to EBITDA	0.00	-0.06	-0.08	-0.15	-0.22	-0.23	-0.32	-0.29	-0.48	-0.55
Net Debt to EBITDA	0.00	0.36	0.28	0.41	0.50	0.72	0.16	0.45	-0.12	-0.08
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	-0.05	-0.17	-0.18	-0.24	-0.33
Debt to NOPAT	0.00	-0.11	-0.18	-0.26	-0.38	-0.41	-0.43	-0.40	-0.66	-0.76
Net Debt to NOPAT	0.00	0.64	0.61	0.71	0.84	1.26	0.21	0.62	-0.16	-0.10
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	-0.08	-0.23	-0.24	-0.33	-0.45
Altman Z-Score	21.12	-15.61	-17.49	-16.94	-16.16	-13.44	-30.23	-20.16	-36.27	-31.20
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	92.25%	0.00%	0.00%	0.00%	174.65%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	12.01	1.34	2.55	2.52	2.26	3.30	1.75	2.16	1.10	1.28
Quick Ratio	10.44	0.97	1.92	2.15	1.99	2.91	1.32	1.84	0.55	0.72
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-20	-3.68	3.41	-11	-3.33	-4.57	-1.71	4.15	-2.87	-4.56
Operating Cash Flow to CapEx	-439.30%	-1,685.19%	-4,406.93%	-73,723.08%	-43,042.11%	0.00%	-24,120.00%	0.00%	0.00%	-7,616.18%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.65	0.57	0.43	0.14	0.07	0.06	0.13	0.10	0.11	0.15
Accounts Receivable Turnover	6.68	6.34	6.17	4.56	6.80	5.83	9.33	9.24	13.26	13.83
Inventory Turnover	1.21	0.91	0.62	0.45	0.24	0.31	0.36	0.38	0.40	0.37
Fixed Asset Turnover	23.68	14.59	8.41	3.38	1.49	1.53	1.84	2.10	1.96	2.96
Accounts Payable Turnover	6.27	5.01	1.28	0.69	0.42	0.41	0.53	0.45	0.52	0.30
Days Sales Outstanding (DSO)	54.60	57.55	59.20	80.10	53.65	62.58	39.12	39.51	27.52	26.40
Days Inventory Outstanding (DIO)	302.45	401.34	588.87	803.03	1,528.98	1,194.05	1,026.00	951.45	907.18	999.01
Days Payable Outstanding (DPO)	58.19	72.86	284.19	526.52	870.83	880.00	688.46	803.31	706.59	1,205.83
Cash Conversion Cycle (CCC)	298.86	386.04	363.88	356.61	711.79	376.62	376.65	187.65	228.11	-180.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	16	-3.42	-11	-5.19	-6.58	-5.84	-5.07	-9.41	-1.99	-3.02
Invested Capital Turnover	8.33	-4.89	-1.46	-0.63	-0.48	-0.49	-0.84	-0.66	-3.99	-1.72
Increase / (Decrease) in Invested Capital	22	2.42	-6.15	4.22	-4.58	-2.82	-3.89	-9.97	-2.62	-1.17
Enterprise Value (EV)	332	241	217	97	69	31	57	62	35	30
Market Capitalization	385	253	233	117	92	62	62	58	31	28
Book Value per Share	$2.15	$0.31	$0.15	$0.60	$0.72	$1.62	($0.02)	($1.30)	($0.68)	($0.61)
Tangible Book Value per Share	$2.15	$0.31	$0.15	$0.60	$0.72	$1.62	($0.02)	($1.30)	($0.68)	($0.61)
Total Capital	69	11	8.68	22	26	35	9.52	15	9.83	11
Total Debt	0.00	2.00	4.49	7.36	10	9.96	9.76	9.57	16	16
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	2.00	5.25	5.80	7.84	9.73
Net Debt	-53	-12	-15	-20	-22	-31	-4.83	-15	3.87	2.23
Capital Expenditures (CapEx)	0.23	0.22	0.10	0.01	0.02	-0.00	0.04	0.00	0.00	0.07
Debt-free, Cash-free Net Working Capital (DFCFNWC)	14	-4.69	3.69	0.49	-1.64	-0.43	-1.72	-4.89	-2.56	-3.47
Debt-free Net Working Capital (DFNWC)	68	9.30	24	28	31	40	13	19	9.27	11
Net Working Capital (NWC)	68	7.30	19	20	21	32	8.36	16	1.42	4.03
Net Nonoperating Expense (NNE)	5.53	-3.12	11	3.92	3.22	13	1.60	3.17	2.97	3.16
Net Nonoperating Obligations (NNO)	-53	-12	-15	-20	-22	-31	-4.83	-15	3.87	2.23
Total Depreciation and Amortization (D&A)	-0.00	-0.02	0.07	0.06	0.36	0.22	0.22	0.22	-0.11	0.60
Debt-free, Cash-free Net Working Capital to Revenue	38.66%	-20.73%	31.09%	10.68%	-79.61%	-20.06%	-65.33%	-166.47%	-94.01%	-82.74%
Debt-free Net Working Capital to Revenue	181.74%	41.06%	198.68%	600.43%	1,494.43%	1,852.03%	488.16%	659.67%	340.79%	250.95%
Net Working Capital to Revenue	181.74%	32.23%	160.87%	440.74%	1,002.91%	1,484.38%	317.07%	531.35%	52.23%	96.28%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.06)	$0.06	($0.48)	($0.45)	($0.45)	($1.14)	($0.58)	($0.77)	($0.82)	($0.92)
Adjusted Weighted Average Basic Shares Outstanding	28.51M	28.74M	28.36M	24.89M	16.23M	17.86M	12.46M	11.62M	8.86M	9.22M
Adjusted Diluted Earnings per Share	($0.06)	$0.06	($0.48)	($0.45)	($0.45)	($1.14)	($0.58)	($0.77)	($0.82)	($0.92)
Adjusted Weighted Average Diluted Shares Outstanding	28.51M	32.35M	28.36M	24.89M	16.23M	17.86M	12.46M	11.62M	8.86M	9.22M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.40M	31.97M	28.00M	27.79M	24.56M	22.05M	15.28M	10.62M	10.06M	8.60M
Normalized Net Operating Profit after Tax (NOPAT)	2.13	-0.88	-2.74	-7.19	-7.91	-7.39	-5.60	-5.83	-5.50	-5.72
Normalized NOPAT Margin	14.09%	-7.87%	-35.26%	-229.20%	-1,468.05%	-1,702.58%	-1,130.89%	-976.13%	-861.72%	-631.47%
Pre Tax Income Margin	-22.15%	16.33%	-177.07%	-353.27%	-2,052.50%	-4,685.48%	-1,456.16%	-1,509.72%	-1,329.78%	-982.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Delcath Systems' Financials

When does Delcath Systems's fiscal year end?

According to the most recent income statement we have on file, Delcath Systems' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Delcath Systems' net income changed over the last 2 years?

Delcath Systems' net income appears to be on a downward trend, with a most recent value of -$26.39 million in 2024, falling from -$36.51 million in 2022. The previous period was -$47.68 million in 2023. View Delcath Systems' forecast to see where analysts expect Delcath Systems to go next.

What is Delcath Systems's operating income?

Delcath Systems's total operating income in 2024 was -$12.41 million, based on the following breakdown:

Total Gross Profit: $31.02 million
Total Operating Expenses: $43.43 million

How has Delcath Systems revenue changed over the last 2 years?

Over the last 2 years, Delcath Systems' total revenue changed from $2.72 million in 2022 to $37.21 million in 2024, a change of 1,268.3%.

How much debt does Delcath Systems have?

Delcath Systems' total liabilities were at $7.84 million at the end of 2024, a 65.7% decrease from 2023, and a 66.9% decrease since 2022.

How much cash does Delcath Systems have?

In the past 2 years, Delcath Systems' cash and equivalents has ranged from $7.67 million in 2022 to $32.41 million in 2024, and is currently $32.41 million as of their latest financial filing in 2024.

How has Delcath Systems' book value per share changed over the last 2 years?

Over the last 2 years, Delcath Systems' book value per share changed from -0.68 in 2022 to 2.15 in 2024, a change of -415.5%.

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This page (NASDAQ:DCTH) was last updated on 5/29/2025 by MarketBeat.com Staff

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Delcath Systems (DCTH) Financials

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