Company name:

Cactus Inc

  • IPO SHARE PRICE:
    $19.00
  • IPO DATE:
    08 February 2018
  • TICKER:
    WHD
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    920 Memorial City Way Suite 300 Houston Texas 77024
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Cactus Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Balance Sheet

Quarterly Annual
(USD in thousand)
35.4% 5.4% 10.7%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
52.1%
35.4% —

Cash and cash equivalents

10.7% —

Inventory

5.4% —

Accounts Receivable

0.6% —

Prepaid expenses and other current assets

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
 $7,574 $70,841 $202,603 $288,659
Accounts Receivable
$45,679
 84,173 92,269 87,865 44,068
Inventory
$45,679
 64,450 99,837 113,371 87,480
Prepaid expenses and other current assets
$45,679
 7,732 11,558 11,044 4,935
Total current assets
$45,679
 $163,929 $274,505 $414,883 $425,142
17.5% 26.6%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
47.9%
26.6% —

Deferred tax assets

17.5% —

Property and equipment net

2.7% —

Operating lease - right-of-use assets

1.0% —

Goodwill

0.1% —

Other non-current assets
Selected Year:
Property and equipment net
45,679
 94,654 142,054 161,748 142,825
Operating lease - right-of-use assets
-
 - - 26,561 21,994
Deferred tax assets
-
 - 159,053 222,545 216,603
Goodwill
45,679
 7,824 7,824 7,824 7,824
Other non-current assets
45,679
 49 1,308 1,403 1,206
Total non-current assets
45,679
 102,527 310,239 420,081 390,452
Total assets
45,679
 $266,456 $584,744 $834,964 $815,594
23.9% 18.4% 24.8% 24.3%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
6.0%
2.5% —

Accounts payable

1.4% —

Accrued expenses and other current liabilities

1.1% —

Current portion of liability related to tax receivable agreement

0.5% —

Current portion of Operating leases

0.5% —

Current portion of Finance leases
Selected Year:
Accounts payable
$45,679
 $35,080 $42,047 $40,957 $20,163
Accrued expenses and other current liabilities
$45,679
 10,559 15,650 22,067 11,392
Current portion of liability related to tax receivable agreement
-
 - 9,574 14,630 9,290
Current maturities of long-term debt
$45,679
 2,568 - - -
Current portion of Capital leases
$45,679
 4,667 - - -
Current portion of Operating leases
-
 - - 6,737 4,247
Current portion of Finance leases
-
 - 7,353 6,735 3,823
Total current liabilities
$45,679
 $52,874 $74,624 $91,126 $48,915
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
26.5%
23.9% —

Liability related to tax receivable agreement

2.2% —

Operating leases

0.3% —

Finance leases

0.1% —

Deferred tax liability
Selected Year:
Liability related to tax receivable agreement
-
 - 138,015 201,902 195,061
Deferred tax liability
$45,679
 416 1,036 1,348 786
Long-term debt
$45,679
 241,437 - - -
Capital leases
$45,679
 7,946 - - -
Operating leases
-
 - - 20,283 17,822
Finance leases
-
 - 8,741 3,910 2,240
Total long-term liabilities
$45,679
 $249,799 $147,792 $227,443 $215,909
Total Liabilities
$45,679
 $302,673 $222,416 $318,569 $264,824
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
67.5%
24.8% —

Additional paid-in capital

24.3% —

Non-controlling interest

18.4% —

Retained earnings

0.1% —

Common stock Class A

0.0% —

Accumulated other comprehensive loss
Selected Year:
Non-controlling interest
-
 - $184,670 $188,929 $197,800
Members Equity
-
 (36,299) - - -
Common stock Class A
-
 - 377 472 477
Class
$45,679
 - - - -
Class A
$45,679
 - - - -
Class B
$45,679
 - - - -
Retained earnings
-
 - 51,683 132,990 150,086
Additional paid-in capital
-
 - 126,418 194,456 202,077
Accumulated other comprehensive (loss) income
$45,679
 82 - - -
Accumulated other comprehensive loss
-
 - (820) (452) 330
Total Equity attributable to Company
-
 (36,217) 177,658 327,466 352,970
Total Equity
$45,679
 ($36,217) $362,328 $516,395 $550,770
Total Liabilities and Equity
$45,679
 $266,456 $584,744 $834,964 $815,594