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TBCH TBCH Changes in unrecognized tax benefits

Changes in unrecognized tax benefits at other companies

USANA Health Sciences logo
USANA Health SciencesUSNA
$136.25K
Cavco Industries logo
Cavco IndustriesCVCO
$26.75K
Valvoline logo
ValvolineVVV
$0-100%
FMC Corporation logo
FMC CorporationFMC
$0-100%
iHeartMedia, Inc. logo
iHeartMedia, Inc.IHRT
$2.02M+19.9%
Identive logo
IdentiveINVE
-$170.75K-68,200%

Other financials

Income statement

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Revenue$42.2M-34.0%
Gross profit$11.3M-51.7%
Operating income-$14.1M-1,015%
Net income-$15.2M-2,190%
EPS (diluted)-$0.78-2,500%

Balance sheet

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Cash & equivalents$12.3M+5.4%
Total debt$52.8M+12.9%
Total equity$111.9M-7.5%
Total assets$209.9M-15.0%

Cash flow

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Operating cash flow$29.4M-27.4%
CapEx$276.0K+66.3%
Free cash flow$29.1M-27.8%

Valuation

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Market cap$247.1M-12.5%
Enterprise value$287.63M-8.0%
P/E207.8×+194×
P/S0.8×0.0×

Profitability

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Gross margin40.7%+5.3pp
Operating margin3.7%-3.5pp
Net margin0.4%-3.7pp
FCF margin11.6%

Returns & leverage

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Return on equity1%-11.5pp
Debt / equity0.5×+0.1×
Current ratio2.5×+0.5×

Questions, answered.

What does changes in unrecognized tax benefits mean?
Reflects the financial impact of uncertain tax positions, including reserves for potential tax audits or disputes with taxing authorities. It represents the estimated liability for tax positions that may not be sustained upon examination.