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Target Hospitality TH Non Cash Change In Specialty Rental Assets And Related Accumulated Depreciation

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Other financials

Income statement

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Revenue$72.8M+4.1%
Gross profit$6.9M-61.7%
Operating income-$14.3M-1,231%
Net income-$12.9M-100.0%
EPS (diluted)-$0.13-85.7%

Balance sheet

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Cash & equivalents$5.5M-84.2%
Total debt$11.0M-20.4%
Total equity$376.9M-9.2%
Total assets$539.5M-4.1%

Cash flow

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Operating cash flow$7.0M+78.7%
CapEx$176.0K-71.4%
Free cash flow$6.9M+106%

Valuation

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Market cap$1.99B+42.2%

Profitability

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Gross margin9.8%-32.3pp
Operating margin-14.8%-36.9pp
Net margin-13.5%-26.2pp
FCF margin23.8%-6.0pp

Returns & leverage

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Return on equity-11%-22.2pp
Debt / equity0.0×
Current ratio0.8×-1.1×

Where this comes from

Reported directly by Target Hospitality in its filing.

Tagged under the XBRL concept th:NonCashChangeInSpecialtyRentalAssetsAndRelatedAccumulatedDepreciation.

The official record: Target Hospitality’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Target Hospitality's non cash change in specialty rental assets and related accumulated depreciation?
Target Hospitality (TH) reported non cash change in specialty rental assets and related accumulated depreciation of $200K in Q1 2026.
What does non cash change in specialty rental assets and related accumulated depreciation mean?
Captures non-cash adjustments to the carrying value of specialized rental equipment, including changes in accumulated depreciation. It provides insight into the non-operating fluctuations in the asset base used for revenue generation.