Hallador Energy (HNRG) Financials

$17.31 -0.24 (-1.37%)

Closing price 04:00 PM Eastern

Extended Trading

$17.24 -0.07 (-0.40%)

As of 05:38 PM Eastern

Annual Income Statements for Hallador Energy

This table shows Hallador Energy's 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	-226	45	17
Consolidated Net Income / (Loss)	-226	45	18
Net Income / (Loss) Continuing Operations	-226	45	17
Total Pre-Tax Income	-236	49	20
Total Operating Income	-218	65	30
Total Gross Profit	94	161	95
Total Revenue	404	635	362
Operating Revenue	399	635	362
Other Revenue	5.42	-	-
Total Cost of Revenue	311	473	267
Operating Cost of Revenue	311	473	267
Total Operating Expenses	312	96	65
Selling, General & Admin Expense	27	26	16
Exploration Expense	0.26	0.90	0.65
Depreciation Expense	66	67	47
Other Operating Expenses / (Income)	1.63	1.80	1.01
Impairment Charge	215	0.00	-
Other Special Charges / (Income)	2.70	-	-
Total Other Income / (Expense), net	-19	-16	-11
Interest Expense	17	12	8.28
Interest & Investment Income	-0.75	-0.55	0.44
Other Income / (Expense), net	-1.75	-3.63	-3.60
Income Tax Expense	-9.40	4.47	1.76
Basic Earnings per Share	($5.72)	$1.35	$0.57
Weighted Average Basic Shares Outstanding	39.50M	33.13M	32.04M
Diluted Earnings per Share	($5.72)	$1.25	$0.55
Weighted Average Diluted Shares Outstanding	39.50M	36.83M	33.65M
Weighted Average Basic & Diluted Shares Outstanding	42.62M	34.89M	32.98M

This table shows Hallador Energy's 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	-215	1.12	-10	-2.10	-10	16	17	22	29	1.61
Consolidated Net Income / (Loss)	-216	1.55	-10	-1.70	-10	16	17	22	30	1.61
Net Income / (Loss) Continuing Operations	-215	1.12	-10	-2.10	-10	16	17	22	29	1.61
Total Pre-Tax Income	-222	1.79	-13	-2.31	-14	19	18	25	31	2.21
Total Operating Income	-218	4.71	-7.29	2.73	-10	24	22	29	35	5.40
Total Gross Profit	29	25	15	25	14	47	46	55	56	21
Total Revenue	99	105	91	112	120	166	161	188	152	85
Operating Revenue	98	103	90	110	123	166	160	187	152	85
Other Revenue	1.20	1.67	1.27	1.26	-	-	1.60	1.34	-	-
Total Cost of Revenue	70	80	76	87	105	119	115	134	96	65
Operating Cost of Revenue	70	80	76	87	105	119	115	134	96	65
Total Operating Expenses	247	21	22	22	24	23	24	26	21	15
Selling, General & Admin Expense	6.31	6.47	7.80	5.94	7.56	6.05	5.60	6.95	5.98	3.57
Exploration Expense	0.08	0.06	0.05	0.07	0.22	0.17	0.31	0.21	0.26	0.12
Depreciation Expense	23	14	14	15	16	16	17	18	15	11
Other Operating Expenses / (Income)	0.42	0.41	0.40	0.40	0.42	0.47	0.46	0.45	0.26	0.26
Total Other Income / (Expense), net	-4.80	-3.36	-5.93	-5.44	-3.87	-4.70	-3.76	-3.83	-4.14	-3.19
Interest Expense	3.49	2.69	5.67	4.79	0.61	3.92	3.54	3.90	2.36	2.36
Interest & Investment Income	-0.01	-0.23	-0.26	-0.25	-0.23	-0.18	-0.22	0.07	-0.06	0.17
Income Tax Expense	-6.02	0.23	-3.01	-0.61	-3.49	3.03	1.57	3.35	0.92	0.60
Basic Earnings per Share	($5.44)	$0.04	($0.27)	($0.05)	($0.32)	$0.49	$0.51	$0.67	$0.96	$0.05
Weighted Average Basic Shares Outstanding	39.50M	42.60M	37.88M	34.82M	33.13M	33.14M	33.14M	32.98M	32.04M	32.98M
Diluted Earnings per Share	($5.44)	$0.04	($0.27)	($0.05)	($0.27)	$0.44	$0.47	$0.61	$0.94	$0.05
Weighted Average Diluted Shares Outstanding	39.50M	43.02M	37.88M	34.82M	36.83M	36.85M	36.71M	36.74M	33.65M	33.27M
Weighted Average Basic & Diluted Shares Outstanding	42.62M	42.62M	42.60M	37.03M	34.89M	33.14M	33.14M	33.14M	32.98M	32.98M

This table details how cash moves in and out of Hallador Energy's 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	5.03	0.70	0.60
Net Cash From Operating Activities	66	59	54
Net Cash From Continuing Operating Activities	66	59	54
Net Income / (Loss) Continuing Operations	-226	45	18
Consolidated Net Income / (Loss)	-226	45	18
Depreciation Expense	66	67	47
Amortization Expense	-68	-94	-16
Non-Cash Adjustments To Reconcile Net Income	223	5.04	-2.30
Changes in Operating Assets and Liabilities, net	71	36	7.62
Net Cash From Investing Activities	-46	-75	-53
Net Cash From Continuing Investing Activities	-46	-75	-53
Purchase of Property, Plant & Equipment	-53	-75	-54
Acquisitions	-0.54	0.00	-
Sale of Property, Plant & Equipment	4.24	0.06	0.66
Other Investing Activities, net	3.20	0.00	-
Net Cash From Financing Activities	-14	17	-0.21
Net Cash From Continuing Financing Activities	-14	17	-0.21
Repayment of Debt	-153	-66	-80
Issuance of Debt	105	66	81
Issuance of Common Equity	35	7.32	0.00
Other Financing Activities, net	-0.78	8.98	0.00
Cash Interest Paid	11	9.97	8.12

This table details how cash moves in and out of Hallador Energy's 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	2.51	-1.09	4.36	-0.75	0.41	0.35	0.02	-0.08	-4.06	-1.89
Net Cash From Operating Activities	39	-13	24	16	-20	35	18	26	40	14
Net Cash From Continuing Operating Activities	39	-13	24	16	-20	35	18	26	40	14
Net Income / (Loss) Continuing Operations	-216	1.55	-10	-1.70	-10	16	17	22	30	1.61
Consolidated Net Income / (Loss)	-216	1.55	-10	-1.70	-10	16	17	22	30	1.61
Depreciation Expense	23	14	14	15	16	16	17	18	15	11
Amortization Expense	-34	-11	-12	-24	-64	-9.68	-5.57	-14	-19	1.00
Non-Cash Adjustments To Reconcile Net Income	217	1.21	3.99	1.50	0.65	1.57	0.93	1.88	0.79	-1.09
Changes in Operating Assets and Liabilities, net	49	-19	28	25	38	11	-11	-1.44	13	0.95
Net Cash From Investing Activities	-10	-11	-11	-15	-27	-18	-17	-13	-16	-15
Net Cash From Continuing Investing Activities	-10	-11	-11	-15	-27	-18	-17	-14	-16	-15
Purchase of Property, Plant & Equipment	-14	-12	-13	-15	-27	-18	-17	-14	-16	-15
Sale of Property, Plant & Equipment	0.87	0.90	2.45	0.02	-	-	0.05	0.02	-0.10	-
Net Cash From Financing Activities	-26	22	-8.45	-2.27	47	-17	-1.03	-13	-29	-0.11
Net Cash From Continuing Financing Activities	-26	22	-8.45	-2.27	47	-17	-1.03	-13	-29	-0.11
Repayment of Debt	-61	-0.58	-65	-27	-3.32	-24	-10	-29	-43	-23
Issuance of Debt	35	25	29	17	33	7.00	9.00	17	14	23
Other Financing Activities, net	-0.18	-1.44	0.16	0.69	10	-0.04	-	-1.11	-	-
Cash Interest Paid	1.83	2.37	3.23	3.08	1.90	3.06	1.89	3.12	3.33	0.74

This table presents Hallador Energy's 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	369	590	631
Total Current Assets	105	93	139
Cash & Equivalents	7.23	2.84	3.01
Restricted Cash	4.92	4.28	3.42
Accounts Receivable	15	20	30
Inventories, net	76	62	78
Prepaid Expenses	1.48	2.26	4.55
Plant, Property, & Equipment, net	258	489	480
Plant, Property & Equipment, gross	606	824	790
Accumulated Depreciation	348	335	309
Total Noncurrent Assets	6.56	8.33	12
Long-Term Investments	2.61	2.81	3.99
Other Noncurrent Operating Assets	3.95	5.52	7.59
Total Liabilities & Shareholders' Equity	369	590	631
Total Liabilities	265	321	416
Total Current Liabilities	153	158	240
Short-Term Debt	4.10	24	33
Accounts Payable	44	63	83
Current Deferred Revenue	98	66	35
Other Current Liabilities	6.91	3.93	88
Total Noncurrent Liabilities	112	164	176
Long-Term Debt	37	82	69
Capital Lease Obligations	8.75	8.16	0.00
Asset Retirement Reserve & Litigation Obligation	15	15	17
Noncurrent Deferred Revenue	49	47	-
Other Noncurrent Operating Liabilities	1.71	1.79	85
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	104	269	215
Total Preferred & Common Equity	104	269	215
Preferred Stock	0.00	-	-
Total Common Equity	104	269	215
Common Stock	190	128	119
Retained Earnings	-85	141	96

This table presents Hallador Energy's 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	580	595	585	585	600	617	383
Total Current Assets	100	104	93	92	113	130	58
Cash & Equivalents	3.83	6.45	1.64	2.57	2.34	2.44	7.00
Restricted Cash	5.81	4.28	4.74	4.14	4.03	3.91	3.48
Accounts Receivable	12	19	14	21	21	33	17
Inventories, net	71	72	70	61	82	81	29
Prepaid Expenses	5.96	2.03	2.61	4.16	3.10	3.38	2.22
Other Current Nonoperating Assets	1.54	-	-	-	-	-	-
Plant, Property, & Equipment, net	472	482	482	483	477	476	313
Plant, Property & Equipment, gross	832	831	831	842	820	802	611
Accumulated Depreciation	360	349	349	359	343	326	298
Total Noncurrent Assets	7.86	9.48	9.69	10	10	11	12
Long-Term Investments	2.07	2.31	2.56	3.04	3.22	3.43	4.05
Other Noncurrent Operating Assets	5.79	7.18	7.13	7.15	7.18	7.28	7.83
Total Liabilities & Shareholders' Equity	580	595	585	585	600	617	383
Total Liabilities	261	279	302	313	345	379	199
Total Current Liabilities	172	196	164	172	178	209	163
Short-Term Debt	24	18	29	21	18	32	110
Accounts Payable	43	46	47	77	71	84	52
Current Deferred Revenue	57	85	41	26	41	38	-
Other Current Liabilities	47	47	47	48	48	54	-
Total Noncurrent Liabilities	89	83	137	142	167	170	37
Long-Term Debt	43	25	60	55	74	59	19
Capital Lease Obligations	9.23	11	9.70	-	-	-	-
Asset Retirement Reserve & Litigation Obligation	16	15	15	16	17	17	12
Noncurrent Deferred & Payable Income Tax Liabilities	5.85	5.61	8.63	12	9.04	7.53	3.69
Other Noncurrent Operating Liabilities	16	27	38	58	67	86	1.72
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	319	316	284	272	255	237	184
Total Preferred & Common Equity	319	316	284	272	255	237	184
Preferred Stock	0.00	0.00	-	-	0.00	-	0.00
Total Common Equity	319	316	284	272	255	237	184
Common Stock	188	187	145	121	120	119	118
Retained Earnings	130	129	139	151	135	118	66

This table displays calculated financial ratios and metrics derived from Hallador Energy's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	-36.30%	75.39%	46.16%
EBITDA Growth	-739.91%	-39.54%	69.69%
EBIT Growth	-458.26%	128.79%	411.68%
NOPAT Growth	-358.31%	113.12%	755.66%
Net Income Growth	-604.85%	147.41%	582.29%
EPS Growth	-557.60%	127.27%	558.33%
Operating Cash Flow Growth	10.97%	9.68%	12.91%
Free Cash Flow Firm Growth	1,291.35%	-211.27%	-77.54%
Invested Capital Growth	-62.45%	21.48%	7.63%
Revenue Q/Q Growth	-4.81%	-4.87%	31.43%
EBITDA Q/Q Growth	-3,384.18%	-72.79%	52.82%
EBIT Q/Q Growth	-2,075.32%	-44.10%	458.87%
NOPAT Q/Q Growth	-2,058.04%	-40.55%	630.07%
Net Income Q/Q Growth	-998.08%	-47.34%	192.13%
EPS Q/Q Growth	-940.00%	-49.19%	0.00%
Operating Cash Flow Q/Q Growth	859.46%	-50.39%	117.74%
Free Cash Flow Firm Q/Q Growth	258.56%	-111.26%	156.82%
Invested Capital Q/Q Growth	-63.39%	9.91%	2.60%
Profitability Metrics	-	-	-
Gross Margin	23.18%	25.44%	26.35%
EBITDA Margin	-55.08%	5.48%	15.90%
Operating Margin	-53.95%	10.24%	8.41%
EBIT Margin	-54.38%	9.67%	7.41%
Profit (Net Income) Margin	-55.92%	7.06%	5.00%
Tax Burden Percent	96.01%	90.94%	91.16%
Interest Burden Percent	107.11%	80.25%	74.03%
Effective Tax Rate	0.00%	9.06%	8.84%
Return on Invested Capital (ROIC)	-59.66%	17.43%	9.39%
ROIC Less NNEP Spread (ROIC-NNEP)	-165.27%	2.73%	-0.77%
Return on Net Nonoperating Assets (RNNOA)	-61.63%	1.10%	-0.36%
Return on Equity (ROE)	-121.29%	18.52%	9.02%
Cash Return on Invested Capital (CROIC)	31.13%	-1.97%	2.03%
Operating Return on Assets (OROA)	-45.87%	10.06%	5.45%
Return on Assets (ROA)	-47.17%	7.34%	3.68%
Return on Common Equity (ROCE)	-121.29%	18.52%	8.93%
Return on Equity Simple (ROE_SIMPLE)	-216.85%	16.68%	8.42%
Net Operating Profit after Tax (NOPAT)	-153	59	28
NOPAT Margin	-37.76%	9.31%	7.66%
Net Nonoperating Expense Percent (NNEP)	105.61%	14.70%	10.16%
Return On Investment Capital (ROIC_SIMPLE)	-98.83%	15.41%	-
Cost of Revenue to Revenue	76.82%	74.56%	73.65%
SG&A Expenses to Revenue	6.56%	4.12%	4.54%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	77.12%	15.13%	17.94%
Earnings before Interest and Taxes (EBIT)	-220	61	27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-223	35	58
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	4.68	1.09	1.53
Price to Tangible Book Value (P/TBV)	4.68	1.09	1.53
Price to Revenue (P/Rev)	1.21	0.46	0.91
Price to Earnings (P/E)	0.00	6.54	19.11
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	15.29%	5.23%
Enterprise Value to Invested Capital (EV/IC)	3.75	1.07	1.37
Enterprise Value to Revenue (EV/Rev)	1.29	0.63	1.16
Enterprise Value to EBITDA (EV/EBITDA)	0.00	11.44	7.31
Enterprise Value to EBIT (EV/EBIT)	0.00	6.49	15.69
Enterprise Value to NOPAT (EV/NOPAT)	0.00	6.73	15.17
Enterprise Value to Operating Cash Flow (EV/OCF)	7.94	6.70	7.77
Enterprise Value to Free Cash Flow (EV/FCFF)	6.57	0.00	70.00
Leverage & Solvency	-	-	-
Debt to Equity	0.48	0.43	0.47
Long-Term Debt to Equity	0.44	0.34	0.32
Financial Leverage	0.37	0.40	0.47
Leverage Ratio	2.57	2.52	2.45
Compound Leverage Factor	2.75	2.03	1.82
Debt to Total Capital	32.51%	29.99%	32.12%
Short-Term Debt to Total Capital	2.65%	6.37%	10.43%
Long-Term Debt to Total Capital	29.86%	23.62%	21.69%
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	67.49%	70.01%	67.88%
Debt to EBITDA	-0.23	3.31	1.77
Net Debt to EBITDA	-0.16	3.02	1.59
Long-Term Debt to EBITDA	-0.21	2.60	1.19
Debt to NOPAT	-0.33	1.95	3.67
Net Debt to NOPAT	-0.23	1.78	3.29
Long-Term Debt to NOPAT	-0.30	1.53	2.48
Altman Z-Score	-0.25	2.17	1.21
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	1.00%
Liquidity Ratios	-	-	-
Current Ratio	0.69	0.59	0.58
Quick Ratio	0.15	0.14	0.14
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	80	-6.69	6.01
Operating Cash Flow to CapEx	134.21%	78.91%	101.51%
Free Cash Flow to Firm to Interest Expense	4.79	-0.56	0.73
Operating Cash Flow to Interest Expense	3.96	4.96	6.54
Operating Cash Flow Less CapEx to Interest Expense	1.01	-1.33	0.10
Efficiency Ratios	-	-	-
Asset Turnover	0.84	1.04	0.74
Accounts Receivable Turnover	22.86	25.48	16.65
Inventory Turnover	4.51	6.76	5.57
Fixed Asset Turnover	1.08	1.31	0.92
Accounts Payable Turnover	5.80	6.49	4.28
Days Sales Outstanding (DSO)	15.96	14.32	21.92
Days Inventory Outstanding (DIO)	80.91	53.99	65.58
Days Payable Outstanding (DPO)	62.98	56.24	85.22
Cash Conversion Cycle (CCC)	33.90	12.07	2.27
Capital & Investment Metrics	-	-	-
Invested Capital	140	372	306
Invested Capital Turnover	1.58	1.87	1.23
Increase / (Decrease) in Invested Capital	-232	66	22
Enterprise Value (EV)	523	398	421
Market Capitalization	488	293	329
Book Value per Share	$2.45	$8.10	$6.52
Tangible Book Value per Share	$2.45	$8.10	$6.52
Total Capital	155	384	317
Total Debt	50	115	102
Total Long-Term Debt	46	91	69
Net Debt	35	105	91
Capital Expenditures (CapEx)	49	75	53
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-56	-47	-74
Debt-free Net Working Capital (DFNWC)	-44	-40	-68
Net Working Capital (NWC)	-48	-65	-101
Net Nonoperating Expense (NNE)	73	14	9.63
Net Nonoperating Obligations (NNO)	35	104	91
Total Depreciation and Amortization (D&A)	-2.83	-27	31
Debt-free, Cash-free Net Working Capital to Revenue	-13.87%	-7.48%	-20.57%
Debt-free Net Working Capital to Revenue	-10.87%	-6.35%	-18.80%
Net Working Capital to Revenue	-11.88%	-10.20%	-27.92%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($5.72)	$1.35	$0.57
Adjusted Weighted Average Basic Shares Outstanding	39.50M	33.13M	32.04M
Adjusted Diluted Earnings per Share	($5.72)	$1.25	$0.55
Adjusted Weighted Average Diluted Shares Outstanding	39.50M	36.83M	33.65M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	42.62M	34.89M	32.98M
Normalized Net Operating Profit after Tax (NOPAT)	-0.22	59	28
Normalized NOPAT Margin	-0.06%	9.31%	7.66%
Pre Tax Income Margin	-58.25%	7.76%	5.49%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-13.22	5.13	3.24
NOPAT to Interest Expense	-9.18	4.94	3.35
EBIT Less CapEx to Interest Expense	-16.17	-1.16	-3.21
NOPAT Less CapEx to Interest Expense	-12.13	-1.35	-3.10
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	3.23%
Augmented Payout Ratio	0.00%	0.00%	3.23%

This table displays calculated financial ratios and metrics derived from Hallador Energy's 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	-17.41%	-36.63%	-43.60%	-41.77%	-21.36%	94.83%	144.50%	219.71%	132.13%	6.59%
EBITDA Growth	-290.97%	-75.65%	-115.68%	-82.37%	-300.91%	79.42%	227.06%	2,133.31%	294.92%	80.18%
EBIT Growth	-2,026.17%	-81.58%	-132.75%	-90.65%	-131.29%	427.30%	1,462.16%	434.05%	1,071.37%	439.51%
NOPAT Growth	-2,026.17%	-79.53%	-125.06%	-92.46%	-121.45%	408.49%	3,663.31%	517.78%	1,516.96%	341.22%
Net Income Growth	-2,005.70%	-90.33%	-160.33%	-107.69%	-134.15%	897.21%	599.56%	317.59%	487.56%	-79.81%
EPS Growth	-1,914.81%	-90.91%	-157.45%	-108.20%	-128.72%	780.00%	527.27%	284.85%	0.00%	0.00%
Operating Cash Flow Growth	293.65%	-136.58%	29.73%	-37.31%	-149.99%	158.38%	772.02%	777.12%	267.67%	-43.44%
Free Cash Flow Firm Growth	209.02%	-95.60%	-9.12%	-336.58%	-719.79%	-1,318.85%	-231.78%	-139.59%	-58.87%	-103.89%
Invested Capital Growth	-62.45%	12.75%	5.90%	17.46%	21.48%	13.40%	14.74%	13.41%	7.63%	1.82%
Revenue Q/Q Growth	-5.98%	15.54%	-17.10%	-7.98%	-27.86%	2.84%	-14.41%	23.85%	78.73%	29.05%
EBITDA Q/Q Growth	-3,263.34%	236.47%	-191.64%	518.50%	-297.01%	-12.09%	3.02%	12.61%	75.93%	60.24%
EBIT Q/Q Growth	-5,207.98%	158.66%	-366.59%	126.62%	-144.26%	4.30%	-23.91%	-10.91%	645.75%	369.44%
NOPAT Q/Q Growth	-3,827.41%	180.39%	-366.59%	126.62%	-135.89%	-1.60%	-19.79%	-24.26%	750.66%	789.56%
Net Income Q/Q Growth	-13,986.23%	115.23%	-501.65%	83.45%	-163.75%	-4.97%	-23.29%	-26.53%	1,761.85%	147.61%
EPS Q/Q Growth	-13,700.00%	114.81%	-440.00%	81.48%	-161.36%	-6.38%	-22.95%	-35.11%	1,780.00%	145.45%
Operating Cash Flow Q/Q Growth	401.79%	-154.87%	43.70%	181.39%	-157.00%	94.61%	-30.56%	-35.10%	194.63%	606.15%
Free Cash Flow Firm Q/Q Growth	303.61%	-56.50%	53.53%	27.89%	-265.32%	12.69%	-85.90%	-204.53%	936.31%	-108.11%
Invested Capital Q/Q Growth	-63.39%	7.09%	-4.78%	0.19%	9.91%	0.59%	5.61%	4.05%	2.60%	1.77%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.39%	24.27%	16.07%	22.42%	11.85%	28.19%	28.40%	29.10%	36.83%	24.13%
EBITDA Margin	-232.02%	6.90%	-5.84%	5.28%	-49.01%	17.95%	21.00%	17.44%	19.18%	19.49%
Operating Margin	-221.05%	4.49%	-8.01%	2.49%	-8.59%	14.36%	13.80%	15.52%	22.71%	6.34%
EBIT Margin	-221.05%	4.07%	-8.01%	2.49%	-8.59%	14.00%	13.80%	15.52%	21.58%	5.17%
Profit (Net Income) Margin	-218.49%	1.48%	-11.22%	-1.55%	-8.57%	9.70%	10.49%	11.71%	19.74%	1.89%
Tax Burden Percent	97.29%	87.01%	77.22%	73.55%	74.61%	84.14%	91.50%	86.80%	97.04%	73.01%
Interest Burden Percent	101.60%	41.79%	181.38%	-84.38%	133.77%	82.35%	83.11%	86.90%	94.26%	50.18%
Effective Tax Rate	0.00%	12.99%	0.00%	0.00%	0.00%	15.86%	8.50%	13.20%	2.96%	26.99%
Return on Invested Capital (ROIC)	-244.46%	4.60%	-7.86%	2.80%	-11.25%	25.31%	23.52%	22.08%	26.99%	4.31%
ROIC Less NNEP Spread (ROIC-NNEP)	-335.03%	0.68%	-16.22%	-1.40%	-14.39%	20.95%	19.94%	18.51%	23.31%	2.13%
Return on Net Nonoperating Assets (RNNOA)	-124.94%	0.15%	-3.47%	-0.46%	-5.80%	8.35%	8.76%	8.35%	11.02%	1.21%
Return on Equity (ROE)	-369.40%	4.75%	-11.33%	2.34%	-17.05%	33.66%	32.28%	30.43%	38.01%	5.51%
Cash Return on Invested Capital (CROIC)	31.13%	-13.95%	-3.92%	-5.21%	-1.97%	18.65%	12.86%	8.05%	2.03%	-3.58%
Operating Return on Assets (OROA)	-186.44%	2.97%	-6.51%	2.30%	-8.93%	19.29%	16.60%	15.65%	15.87%	3.82%
Return on Assets (ROA)	-184.29%	1.08%	-9.12%	-1.43%	-8.92%	13.36%	12.62%	11.81%	14.51%	1.40%
Return on Common Equity (ROCE)	-369.40%	4.75%	-11.33%	2.34%	-17.05%	33.66%	31.98%	30.13%	37.63%	5.46%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-6.46%	-1.92%	7.41%	0.00%	31.31%	27.70%	21.20%	0.00%	-10.68%
Net Operating Profit after Tax (NOPAT)	-153	4.10	-5.10	1.91	-7.19	20	20	25	34	3.94
NOPAT Margin	-154.73%	3.90%	-5.61%	1.74%	-6.01%	12.08%	12.63%	13.47%	22.03%	4.63%
Net Nonoperating Expense Percent (NNEP)	90.57%	3.92%	8.36%	4.19%	3.14%	4.35%	3.58%	3.57%	3.68%	2.18%
Return On Investment Capital (ROIC_SIMPLE)	-98.90%	-	-	-	-1.87%	-	-	-	-	-
Cost of Revenue to Revenue	70.61%	75.73%	83.93%	77.58%	88.15%	71.81%	71.60%	70.90%	63.17%	75.87%
SG&A Expenses to Revenue	6.39%	6.16%	8.58%	5.42%	6.32%	3.65%	3.47%	3.69%	3.93%	4.19%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	250.44%	19.78%	24.09%	19.93%	20.11%	13.83%	14.60%	13.58%	14.13%	17.78%
Earnings before Interest and Taxes (EBIT)	-218	4.27	-7.29	2.73	-10	23	22	29	33	4.40
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-229	7.24	-5.31	5.79	-59	30	34	33	29	17
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.68	1.26	0.91	0.66	1.09	1.76	1.11	1.28	1.53	1.01
Price to Tangible Book Value (P/TBV)	4.68	1.26	0.91	0.66	1.09	1.76	1.11	1.28	1.53	1.01
Price to Revenue (P/Rev)	1.21	0.95	0.59	0.33	0.46	0.72	0.48	0.62	0.91	0.67
Price to Earnings (P/E)	0.00	0.00	0.00	8.83	6.54	5.66	4.06	6.13	19.11	7.93
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%	11.32%	15.29%	17.67%	24.64%	16.31%	5.23%	12.60%
Enterprise Value to Invested Capital (EV/IC)	3.75	1.22	0.92	0.74	1.07	1.61	1.09	1.21	1.37	1.00
Enterprise Value to Revenue (EV/Rev)	1.29	1.10	0.68	0.50	0.63	0.82	0.62	0.78	1.16	1.09
Enterprise Value to EBITDA (EV/EBITDA)	0.00	68.75	11.14	4.03	11.44	4.26	3.18	4.16	7.31	7.96
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	36.52	7.18	6.49	4.96	4.00	5.63	15.69	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	52.17	7.35	6.73	5.48	4.37	6.22	15.17	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	7.94	67.85	5.96	5.57	6.70	4.55	3.73	4.98	7.77	12.06
Enterprise Value to Free Cash Flow (EV/FCFF)	6.57	0.00	0.00	0.00	0.00	9.17	9.02	15.93	70.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.48	0.24	0.17	0.35	0.43	0.28	0.36	0.39	0.47	0.70
Long-Term Debt to Equity	0.44	0.16	0.11	0.25	0.34	0.20	0.29	0.25	0.32	0.10
Financial Leverage	0.37	0.22	0.21	0.33	0.40	0.40	0.44	0.45	0.47	0.57
Leverage Ratio	2.57	1.97	2.09	2.31	2.52	2.13	2.23	2.36	2.45	1.97
Compound Leverage Factor	2.61	0.82	3.80	-1.95	3.38	1.75	1.85	2.05	2.31	0.99
Debt to Total Capital	32.51%	19.30%	14.44%	25.95%	29.99%	22.01%	26.38%	27.80%	32.12%	41.25%
Short-Term Debt to Total Capital	2.65%	6.10%	4.85%	7.68%	6.37%	6.08%	5.09%	9.82%	10.43%	35.18%
Long-Term Debt to Total Capital	29.86%	13.20%	9.59%	18.27%	23.62%	15.93%	21.29%	17.98%	21.69%	6.07%
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%	0.00%	0.00%	0.00%
Common Equity to Total Capital	67.49%	80.70%	85.56%	74.05%	70.01%	77.99%	73.62%	72.20%	67.88%	58.75%
Debt to EBITDA	-0.23	11.24	1.81	1.45	3.31	0.60	0.79	0.99	1.77	3.43
Net Debt to EBITDA	-0.16	9.52	1.37	1.32	3.02	0.52	0.71	0.88	1.59	3.04
Long-Term Debt to EBITDA	-0.21	7.69	1.20	1.02	2.60	0.43	0.64	0.64	1.19	0.50
Debt to NOPAT	-0.33	-10.78	8.49	2.64	1.95	0.77	1.09	1.48	3.67	-24.68
Net Debt to NOPAT	-0.23	-9.12	6.42	2.41	1.78	0.67	0.98	1.32	3.29	-21.90
Long-Term Debt to NOPAT	-0.30	-7.37	5.64	1.86	1.53	0.56	0.88	0.96	2.48	-3.63
Altman Z-Score	-0.23	1.85	1.51	1.52	1.77	2.38	1.78	1.55	1.24	1.23
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.91%	0.97%	1.00%	1.06%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.69	0.58	0.53	0.57	0.59	0.54	0.63	0.62	0.58	0.36
Quick Ratio	0.15	0.09	0.13	0.10	0.14	0.14	0.13	0.17	0.14	0.15
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	80	-39	-25	-54	-73	-20	-23	-12	12	-1.41
Operating Cash Flow to CapEx	302.05%	-121.04%	219.42%	110.23%	-75.60%	194.55%	106.90%	192.18%	254.98%	88.44%
Free Cash Flow to Firm to Interest Expense	22.83	-14.52	-4.40	-11.22	-119.66	-5.10	-6.46	-3.16	4.98	-0.60
Operating Cash Flow to Interest Expense	11.17	-4.79	4.15	3.42	-32.97	9.00	5.12	6.70	17.02	5.79
Operating Cash Flow Less CapEx to Interest Expense	7.47	-8.76	2.26	0.32	-76.59	4.38	0.33	3.21	10.34	-0.76
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.84	0.73	0.81	0.92	1.04	1.38	1.20	1.01	0.74	0.74
Accounts Receivable Turnover	22.86	26.06	23.96	23.46	25.48	35.65	30.41	20.24	16.65	16.59
Inventory Turnover	4.51	5.27	5.02	5.64	6.76	10.37	7.59	6.85	5.57	9.03
Fixed Asset Turnover	1.08	0.89	1.01	1.16	1.31	1.68	1.50	1.26	0.92	0.89
Accounts Payable Turnover	5.80	5.80	6.61	6.46	6.49	7.19	6.89	5.23	4.28	4.91
Days Sales Outstanding (DSO)	15.96	14.01	15.23	15.56	14.32	10.24	12.00	18.04	21.92	22.00
Days Inventory Outstanding (DIO)	80.91	69.29	72.78	64.71	53.99	35.19	48.06	53.28	65.58	40.42
Days Payable Outstanding (DPO)	62.98	62.98	55.26	56.53	56.24	50.75	52.99	69.84	85.22	74.32
Cash Conversion Cycle (CCC)	33.90	20.32	32.75	23.74	12.07	-5.32	7.08	1.48	2.27	-11.90
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	140	382	357	374	372	339	337	319	306	299
Invested Capital Turnover	1.58	1.18	1.40	1.60	1.87	2.09	1.86	1.64	1.23	0.93
Increase / (Decrease) in Invested Capital	-232	43	20	56	66	40	43	38	22	5.35
Enterprise Value (EV)	523	466	328	276	398	545	366	385	421	300
Market Capitalization	488	402	288	186	293	478	284	303	329	185
Book Value per Share	$2.45	$7.48	$8.54	$8.14	$8.10	$8.20	$7.69	$7.19	$6.52	$5.58
Tangible Book Value per Share	$2.45	$7.48	$8.54	$8.14	$8.10	$8.20	$7.69	$7.19	$6.52	$5.58
Total Capital	155	395	370	383	384	348	346	329	317	313
Total Debt	50	76	53	99	115	77	91	91	102	129
Total Long-Term Debt	46	52	35	70	91	55	74	59	69	19
Net Debt	35	65	40	91	105	67	82	82	91	115
Capital Expenditures (CapEx)	13	11	11	15	27	18	17	14	16	15
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-56	-57	-84	-48	-47	-65	-54	-54	-74	-4.74
Debt-free Net Working Capital (DFNWC)	-44	-48	-74	-42	-40	-58	-47	-47	-68	5.74
Net Working Capital (NWC)	-48	-72	-92	-71	-65	-79	-65	-80	-101	-104
Net Nonoperating Expense (NNE)	63	2.55	5.10	3.61	3.06	3.95	3.44	3.32	3.49	2.33
Net Nonoperating Obligations (NNO)	35	63	40	91	104	67	82	82	91	115
Total Depreciation and Amortization (D&A)	-11	2.97	1.98	3.06	-48	6.55	12	3.62	-3.64	12
Debt-free, Cash-free Net Working Capital to Revenue	-13.87%	-13.50%	-17.39%	-8.65%	-7.48%	-9.71%	-9.17%	-10.92%	-20.57%	-1.72%
Debt-free Net Working Capital to Revenue	-10.87%	-11.23%	-15.18%	-7.51%	-6.35%	-8.70%	-8.08%	-9.63%	-18.80%	2.09%
Net Working Capital to Revenue	-11.88%	-16.90%	-18.87%	-12.80%	-10.20%	-11.88%	-11.09%	-16.20%	-27.92%	-37.91%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($5.44)	$0.04	($0.27)	($0.05)	($0.32)	$0.49	$0.51	$0.67	$0.96	$0.05
Adjusted Weighted Average Basic Shares Outstanding	39.50M	42.60M	37.88M	34.82M	33.13M	33.14M	33.14M	32.98M	32.04M	32.98M
Adjusted Diluted Earnings per Share	($5.44)	$0.04	($0.27)	($0.05)	($0.27)	$0.44	$0.47	$0.61	$0.94	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	39.50M	43.02M	37.88M	34.82M	36.83M	36.85M	36.71M	36.74M	33.65M	33.27M
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	42.62M	42.62M	42.60M	37.03M	34.89M	33.14M	33.14M	33.14M	32.98M	32.98M
Normalized Net Operating Profit after Tax (NOPAT)	-153	4.10	-5.10	1.91	-7.19	20	20	25	34	3.94
Normalized NOPAT Margin	-154.73%	3.90%	-5.61%	1.74%	-6.01%	12.08%	12.63%	13.47%	22.03%	4.63%
Pre Tax Income Margin	-224.58%	1.70%	-14.54%	-2.10%	-11.49%	11.53%	11.47%	13.49%	20.34%	2.60%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-62.63	1.59	-1.28	0.57	-16.83	5.92	6.28	7.50	13.88	1.86
NOPAT to Interest Expense	-43.84	1.52	-0.90	0.40	-11.78	5.11	5.75	6.51	14.17	1.67
EBIT Less CapEx to Interest Expense	-66.33	-2.37	-3.17	-2.53	-60.45	1.29	1.49	4.01	7.21	-4.68
NOPAT Less CapEx to Interest Expense	-47.54	-2.44	-2.79	-2.70	-55.40	0.48	0.96	3.02	7.50	-4.87
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.23%	-2.98%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.23%	-2.98%

Frequently Asked Questions About Hallador Energy's Financials

When does Hallador Energy's fiscal year end?

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

How has Hallador Energy's net income changed over the last 2 years?

Hallador Energy's net income appears to be on an upward trend, with a most recent value of -$226.14 million in 2024, falling from $18.11 million in 2022. The previous period was $44.79 million in 2023. See Hallador Energy's forecast for analyst expectations on what’s next for the company.

What is Hallador Energy's operating income?

Hallador Energy's total operating income in 2024 was -$218.16 million, based on the following breakdown:

Total Gross Profit: $93.72 million
Total Operating Expenses: $311.88 million

How has Hallador Energy revenue changed over the last 2 years?

Over the last 2 years, Hallador Energy's total revenue changed from $361.99 million in 2022 to $404.39 million in 2024, a change of 11.7%.

How much debt does Hallador Energy have?

Hallador Energy's total liabilities were at $264.84 million at the end of 2024, a 17.5% decrease from 2023, and a 36.3% decrease since 2022.

How much cash does Hallador Energy have?

In the past 2 years, Hallador Energy's cash and equivalents has ranged from $2.84 million in 2023 to $7.23 million in 2024, and is currently $7.23 million as of their latest financial filing in 2024.

How has Hallador Energy's book value per share changed over the last 2 years?

Over the last 2 years, Hallador Energy's book value per share changed from 6.52 in 2022 to 2.45 in 2024, a change of -62.5%.

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This page (NASDAQ:HNRG) was last updated on 5/30/2025 by MarketBeat.com Staff

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Hallador Energy (HNRG) Financials

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Hallador Energy (HNRG) Financials

Annual Income Statements for Hallador Energy

Quarterly Income Statements for Hallador Energy

Annual Cash Flow Statements for Hallador Energy

Quarterly Cash Flow Statements for Hallador Energy

Annual Balance Sheets for Hallador Energy

Quarterly Balance Sheets for Hallador Energy

Annual Metrics And Ratios for Hallador Energy

Quarterly Metrics And Ratios for Hallador Energy

Frequently Asked Questions About Hallador Energy's Financials

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