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Aemetis, Inc. AMTX Provision for Credit Losses

Provision for Credit Losses at other companies

Travel + Leisure logo
Travel + LeisureTNL
$100M+9.9%
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MeridianMRBK
$7.49M+43.8%
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Bank of the James Financial GroupBOTJ
-$146K-207%
XPEL, Inc. logo
XPEL, Inc.XPEL
$343K+370%
First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$1.97M-5.6%
Safehold logo
SafeholdSAFE
$498K-78.3%

Segments

By segment

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California Ethanol$72K
India Biodiesel$0

Other financials

Income statement

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Revenue$54.6M+27.4%
Gross profit$2.8M+154%
Operating income-$6.3M+59.3%
Net income-$21.7M+11.5%
EPS (diluted)-$0.33+29.8%

Balance sheet

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Cash & equivalents$4.8M+861%
Total debt$101.8M+18.6%
Total equity-$321.1M-14.4%
Total assets$270.3M+4.0%

Cash flow

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Operating cash flow-$10.6M-6,698%
CapEx$6.5M+259%
Free cash flow-$17.1M-927%

Valuation

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Market cap$116.1M-12.6%
Enterprise value$213.07M-0.6%
P/S0.6×0.0×

Profitability

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Gross margin-1.6%-0.3pp
Operating margin-13.4%-3.2pp
Net margin-35.4%-1.4pp
FCF margin-18.2%+1.1pp

Returns & leverage

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Return on equity24.7%
Debt / equity-0.3×
Current ratio0.1×-0.1×

Questions, answered.

What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.