GLOBAL BRASS & COPPER HOLDINGS, INC. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
475 N. MARTINGALE ROAD SCHAUMBURG, IL 60173 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 335 - Rolling, Drawing, And Extruding Of Nonferrous (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 126 | 59 | 88 | 84 | 45 | 11 | |||
| Cash and cash equivalents | 126 | 59 | 88 | 84 | 45 | 11 | |||
| Receivables | 168 | 202 | 139 | 122 | 161 | 172 | |||
| Inventory, net of allowances, customer advances and progress billings | 218 | 208 | 164 | 176 | 189 | 191 | |||
| Inventory | 218 | 208 | 164 | 176 | 189 | 191 | |||
| Prepaid expense | 6 | 6 | 5 | 5 | 5 | 4 | |||
| Deferred costs | 21 | 4 | 4 | 13 | 10 | ||||
| Derivative instruments and hedges, assets | 2 | 3 | 2 | 1 | 1 | ||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 4 | ||
| Deferred tax assets | 30 | 32 | |||||||
| Other undisclosed current assets | 3 | 4 | 6 | 7 | 7 | 7 | |||
| Total current assets: | 521 | 502 | 410 | 399 | 451 | 432 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 148 | 143 | 130 | 111 | 104 | 88 | |||
| Long-term investments and receivables | 2 | 2 | |||||||
| Long-term investments | 2 | 2 | |||||||
| Intangible assets, net (including goodwill) | 6 | 7 | 5 | 5 | 5 | 5 | |||
| Goodwill | 4 | 5 | 4 | 4 | 4 | 4 | |||
| Intangible assets, net (excluding goodwill) | 2 | 2 | 0 | 1 | 1 | 1 | |||
| Derivative instruments and hedges | 0 | ||||||||
| Deposits noncurrent assets | 1 | 1 | |||||||
| Deferred costs | 12 | 15 | |||||||
| Other noncurrent assets | 5 | 7 | 4 | 4 | 15 | 17 | |||
| Deferred tax assets, net | 34 | 38 | 1 | 5 | |||||
| Other undisclosed noncurrent assets | 11 | 16 | (13) | (16) | |||||
| Total noncurrent assets: | 170 | 172 | 173 | 158 | 126 | 117 | |||
| TOTAL ASSETS: | 691 | 674 | 583 | 557 | 577 | 549 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 130 | 133 | 105 | 99 | 110 | 165 | |||
| Interest and dividends payable | 0 | 0 | 0 | 3 | 3 | 3 | |||
| Taxes payable | 1 | 1 | 1 | 0 | 1 | 1 | |||
| Employee-related liabilities | 3 | 3 | 3 | 13 | 14 | 19 | |||
| Accounts payable | 114 | 117 | 89 | 71 | 83 | 85 | |||
| Accounts payable and other accrued liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 56 | ||
| Accrued liabilities | 12 | 13 | 12 | 11 | 10 | ||||
| Debt | 2 | ||||||||
| Derivative instruments and hedges, liabilities | 1 | 0 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 22 | 4 | 4 | 13 | |||
| Other undisclosed current liabilities | 28 | 26 | 31 | 27 | 20 | (19) | |||
| Total current liabilities: | 159 | 181 | 140 | 129 | 145 | 145 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 307 | 311 | 314 | 342 | 381 | 381 | |||
| Long-term debt, excluding current maturities | 306 | 309 | 312 | 342 | 380 | 381 | |||
| Capital lease obligations | 1 | 2 | 2 | 5 | |||||
| Other undisclosed long-term debt and lease obligation | (4) | ||||||||
| Liabilities, other than long-term debt | 39 | 37 | 36 | 25 | 52 | 26 | |||
| Deferred tax liabilities, net | 1 | ||||||||
| Liability for uncertainty in income taxes | 25 | ||||||||
| Other liabilities | 39 | 37 | 36 | 25 | 25 | 26 | |||
| Other undisclosed noncurrent liabilities | (1) | (2) | (2) | (26) | |||||
| Total noncurrent liabilities: | 344 | 346 | 348 | 367 | 406 | 407 | |||
| Total liabilities: | 503 | 527 | 487 | 497 | 551 | 552 | |||
| Equity | |||||||||
| Equity, attributable to parent | 183 | 142 | 91 | 56 | 22 | (7) | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (23) | (7) | (2) | (1) | (0) | ||||
| Additional paid in capital | 63 | 55 | 45 | 37 | 33 | 31 | |||
| Accumulated other comprehensive income (loss) | (6) | (3) | (4) | (2) | (1) | 1 | |||
| Retained earnings (accumulated deficit) | 149 | 97 | 51 | 22 | (10) | (39) | |||
| Equity, attributable to noncontrolling interest | 5 | 5 | 4 | 4 | 4 | 4 | |||
| Total equity: | 188 | 147 | 95 | 61 | 26 | (3) | |||
| TOTAL LIABILITIES AND EQUITY: | 691 | 674 | 583 | 557 | 577 | 549 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,765 | 1,561 | 1,339 | 1,506 | 1,711 | 1,759 | ||
| Revenue, net | ✕ | ✕ | 1,561 | 1,339 | 1,506 | 1,711 | 1,759 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,579) | (1,377) | (1,157) | (1,336) | (1,547) | (1,576) | ||
| Gross profit: | 187 | 184 | 182 | 170 | 165 | 182 | ||
| Operating expenses | (93) | (84) | (83) | (83) | (91) | (121) | ||
| Other undisclosed operating income | 14 | 10 | ||||||
| Operating income: | 94 | 100 | 99 | 87 | 88 | 72 | ||
| Nonoperating income (expense) | (1) | 3 | 0 | 7 | (1) | (0) | ||
| Investment income, nonoperating | 6 | |||||||
| Other nonoperating income (expense) | (1) | 3 | 0 | 0 | (1) | (0) | ||
| Interest and debt expense | (17) | (18) | (50) | (42) | (40) | (40) | ||
| Income from continuing operations before equity method investments, income taxes: | 76 | 85 | 49 | 51 | 48 | 31 | ||
| Income from equity method investments | 0 | 1 | 2 | |||||
| Income from continuing operations before income taxes: | 76 | 85 | 49 | 52 | 49 | 33 | ||
| Income tax expense | (17) | (34) | (17) | (16) | (17) | (22) | ||
| Income from continuing operations: | 59 | 52 | 33 | 36 | 32 | 11 | ||
| Income before gain (loss) on sale of properties: | 59 | 52 | 33 | 36 | 32 | 11 | ||
| Net income: | 59 | 52 | 33 | 36 | 32 | 11 | ||
| Net loss attributable to noncontrolling interest | (0) | (1) | (1) | (0) | (0) | (0) | ||
| Net income available to common stockholders, diluted: | 58 | 51 | 32 | 36 | 32 | 10 | ||
Comprehensive Income ($ in millions)
| 3/31/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 59 | 52 | 33 | 36 | 32 | 11 | ||
| Other comprehensive income (loss) | (3) | 1 | (2) | (2) | (1) | (1) | ||
| Comprehensive income: | 55 | 53 | 31 | 34 | 31 | 10 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | (1) | (0) | (0) | (0) | 0 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (1) | |||||||
| Comprehensive income, net of tax, attributable to parent: | 55 | 52 | 30 | 34 | 31 | 9 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.