CNH INDUSTRIAL CAPITAL LLC Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5729 WASHINGTON AVENUE RACINE, WI 53406 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6159 - Miscellaneous business Credit Institutions (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 390,110 | 262,244 | 426,917 | 392,929 | 174,966 | 160,328 | |||
| Cash and cash equivalents | 390,110 | 262,244 | 426,917 | 392,929 | 174,966 | 160,328 | |||
| Restricted cash and investments | 407,817 | 446,335 | 601,742 | 625,622 | 629,278 | 639,543 | |||
| Disposal group, including discontinued operation | 20,215 | 11,685 | 26,320 | 36,515 | 170,218 | 209,991 | |||
| Other current assets | 24,461 | 15,758 | 29,118 | 27,505 | 22,945 | 14,143 | |||
| Total current assets: | 842,603 | 736,022 | 1,084,097 | 1,082,571 | 997,407 | 1,024,005 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 50,155 | 46,251 | 42,156 | 37,127 | 34,427 | 2,083,447 | |||
| Intangible assets, net (including goodwill), including: | 109,118 | 108,567 | 110,226 | 123,491 | 121,824 | 118,581 | |||
| Goodwill | 109,118 | 108,567 | 110,226 | 110,158 | 109,629 | 108,399 | |||
| Other undisclosed intangible assets, net (including goodwill) | 13,333 | 12,195 | 10,182 | ||||||
| Total noncurrent assets: | 159,273 | 154,818 | 152,382 | 160,618 | 156,251 | 2,202,028 | |||
| Other undisclosed assets | 14,961,651 | 12,288,639 | 10,951,289 | 11,207,980 | 11,700,429 | 9,705,879 | |||
| TOTAL ASSETS: | 15,963,527 | 13,179,479 | 12,187,768 | 12,451,169 | 12,854,087 | 12,931,912 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 5,519,792 | 4,096,426 | 3,755,368 | 4,229,428 | 4,790,172 | 4,324,292 | |||
| Total current liabilities: | 5,519,792 | 4,096,426 | 3,755,368 | 4,229,428 | 4,790,172 | 4,324,292 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,859,629 | 6,387,135 | 6,141,970 | 5,869,860 | 5,779,581 | 6,259,839 | |||
| Long-term debt, excluding current maturities | 7,859,629 | 6,387,135 | 6,141,970 | 5,869,860 | 5,779,581 | 6,259,839 | |||
| Total noncurrent liabilities: | 7,859,629 | 6,387,135 | 6,141,970 | 5,869,860 | 5,779,581 | 6,259,839 | |||
| Other undisclosed liabilities | 985,130 | 1,388,219 | 1,041,030 | 1,091,709 | 1,021,293 | 992,049 | |||
| Total liabilities: | 14,364,551 | 11,871,780 | 10,938,368 | 11,190,997 | 11,591,046 | 11,576,180 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,598,976 | 1,307,699 | 1,249,400 | 1,260,172 | 1,263,041 | 1,355,732 | |||
| Accumulated other comprehensive loss | (137,308) | (137,833) | (111,457) | (120,235) | (124,396) | (146,999) | |||
| Retained earnings | 816,582 | 601,510 | 517,388 | 537,173 | 543,688 | 659,088 | |||
| Other additional capital | 919,702 | 844,022 | 843,469 | 843,234 | 843,749 | 843,643 | |||
| Total equity: | 1,598,976 | 1,307,699 | 1,249,400 | 1,260,172 | 1,263,041 | 1,355,732 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,963,527 | 13,179,479 | 12,187,768 | 12,451,169 | 12,854,087 | 12,931,912 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,072,653 | 791,835 | 789,184 | 844,407 | 900,889 | 878,354 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 587,515 | |
| Operating lease, lease income | 237,178 | 248,335 | 267,606 | 255,878 | ✕ | |||
| Revenue from related parties | ✕ | 268,267 | 297,579 | 324,424 | 345,789 | |||
| Cost of revenue | (534,239) | (241,807) | (195,778) | (279,958) | (347,273) | (325,280) | ||
| Provision for loan, lease, and other losses | 7,460 | (59,044) | (35,703) | |||||
| Gross profit: | 538,414 | 550,028 | 593,406 | 564,449 | 553,616 | 553,074 | ||
| Operating expenses | (261,386) | (260,026) | (293,256) | (377,657) | (360,402) | (354,757) | ||
| Operating income: | 277,028 | 290,002 | 300,150 | 186,792 | 193,214 | 198,317 | ||
| Interest and debt expense | (534,239) | (241,807) | (195,778) | (279,958) | (347,273) | (325,280) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 279,958 | 347,273 | 325,280 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (257,211) | 48,195 | 104,372 | 186,792 | 193,214 | 198,317 | ||
| Other undisclosed income from continuing operations before income taxes | 534,239 | 241,807 | 195,778 | |||||
| Income from continuing operations before income taxes: | 277,028 | 290,002 | 300,150 | 186,792 | 193,214 | 198,317 | ||
| Income tax expense | (61,956) | (70,880) | (69,935) | (43,512) | (44,211) | (41,472) | ||
| Income from continuing operations: | 215,072 | 219,122 | 230,215 | 143,280 | 149,003 | 156,845 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 230,215 | 143,280 | 149,003 | 156,845 | |
| Net income available to common stockholders, diluted: | 215,072 | 219,122 | 230,215 | 143,280 | 149,003 | 156,845 | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 215,072 | 219,122 | 230,215 | 143,280 | 149,003 | 156,845 | ||
| Other comprehensive income (loss) | 525 | (26,376) | 8,778 | 4,161 | 23,200 | (46,836) | ||
| Comprehensive income, net of tax, attributable to parent: | 215,597 | 192,746 | 238,993 | 147,441 | 172,203 | 110,009 | ||
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.