Southland Holdings, Inc. financial data

Symbol
SLND, SLND-WT on NYSE
Industry
Heavy Construction Other Than Bldg Const - Contractors
Location
1100 Kubota Drive, Grapevine, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
LEGATO MERGER CORP. II (to 2/14/2023)
Latest financial report
10-K - Q4 2024 - Mar 4, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 143 % -13.3%
Debt-to-equity 532 %
Return On Equity -52 % -618%
Return On Assets -8.63 % -430%
Operating Margin -12.9 % -376%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 54M shares +12.4%
Common Stock, Shares, Outstanding 53.9M shares +12.6%
Entity Public Float 57.5M USD -8.95%
Common Stock, Value, Issued 5K USD 0%
Weighted Average Number of Shares Outstanding, Basic 48.1M shares +2.09%
Weighted Average Number of Shares Outstanding, Diluted 48.1M shares +2.09%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 980M USD -15.5%
Operating Income (Loss) -126M USD -303%
Income Tax Expense (Benefit) -46.9M USD -450%
Net Income (Loss) Attributable to Parent -105M USD -447%
Earnings Per Share, Basic -2.19 USD/shares -434%
Earnings Per Share, Diluted -2.19 USD/shares -434%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 72.2M USD +46.8%
Inventory, Net 4.5M USD -18.2%
Other Assets, Current 19.3M USD -3.77%
Assets, Current 882M USD -6.46%
Deferred Income Tax Assets, Net 54.5M USD +374%
Property, Plant and Equipment, Net 116M USD +13.9%
Operating Lease, Right-of-Use Asset 14.9M USD +19.3%
Intangible Assets, Net (Excluding Goodwill) 1.18M USD -29.8%
Goodwill 1.53M USD 0%
Other Assets, Noncurrent 1.54M USD -10.1%
Assets 1.2B USD +0.22%
Accounts Payable, Current 192M USD +18%
Accrued Liabilities, Current 91.5M USD -26.6%
Contract with Customer, Liability, Current 250M USD +29.1%
Liabilities, Current 621M USD +6.37%
Deferred Income Tax Liabilities, Net 292K USD -88.5%
Operating Lease, Liability, Noncurrent 5.86M USD +66.1%
Other Liabilities, Noncurrent 40.8M USD -14.4%
Liabilities 1.03B USD +9.33%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.9M USD -167%
Retained Earnings (Accumulated Deficit) -125M USD -547%
Stockholders' Equity Attributable to Parent 164M USD -34.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 175M USD -32.7%
Liabilities and Equity 1.2B USD +0.22%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -9.9M USD +71.5%
Net Cash Provided by (Used in) Financing Activities -6.94M USD -214%
Net Cash Provided by (Used in) Investing Activities -432K USD -1000%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 53.9M shares +12.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -17.3M USD +39.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 87.6M USD +37.2%
Deferred Tax Assets, Valuation Allowance 25.2M USD +29.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 105M USD +105%
Operating Lease, Liability 14.8M USD +19.6%
Payments to Acquire Property, Plant, and Equipment 3.13M USD +168%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -108M USD -494%
Lessee, Operating Lease, Liability, to be Paid 15.8M USD +23.8%
Property, Plant and Equipment, Gross 388M USD +1.13%
Operating Lease, Liability, Current 8.96M USD +1.13%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.71M USD +15.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.51M USD +4.33%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +52.6%
Deferred Income Tax Expense (Benefit) -642K USD -24.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.9M USD +111%
Deferred Tax Assets, Operating Loss Carryforwards 55.3M USD +135%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 243K USD -94.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.27M USD +350%
Additional Paid in Capital 292M USD +8.08%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 3.8M USD
Interest Expense 21.9M USD +115%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%