AgroFresh Solutions, Inc. (AGFS) financial statements (2020 and earlier)

Company profile

Business Address 100 S. INDEPENDENCE MALL WEST
PHILADELPHIA, PA 19106
State of Incorp. DE
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments193565 581
Cash and cash equivalents193565 581
Receivables726872972 
Inventory, net of allowances, customer advances and progress billings2425241544 
Inventory2425241544 
Prepaid expense     0
Other current assets151619147 
Total current assets:130143179391811
Noncurrent Assets
Property, plant and equipment14131285 
Long-term investments and receivables     221
Long-term investments     221
Intangible assets, net (including goodwill)683719767777881 
Goodwill679 56 
Intangible assets, net (excluding goodwill)677712758777825 
Deferred income tax assets10
Other noncurrent assets221717 4 
Deferred tax assets, net   12 
Other undisclosed noncurrent assets 78   
Total noncurrent assets:729756804785902221
TOTAL ASSETS:8598999838231,083221
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities29233811210
Accounts payable10815 14 
Accrued liabilities     0
Employee-related liabilities910965 
Taxes payable458520
Interest and dividends payable5 6   
Deferred revenue1
Debt668 4 
Postemployment benefits liability1     
Due to related parties     0
Business combination, contingent consideration, liability 019  
Deferred revenue and credits0   
Other liabilities312942 
Other undisclosed current liabilities212339 40 
Total current liabilities:61649524680
Noncurrent Liabilities
Long-term debt and lease obligation399400403 406 
Long-term debt, excluding current maturities399400403 406 
Liabilities, other than long-term debt583239141165 
Deferred tax liabilities, net   0 
Deferred income tax liabilities18
Other liabilities413239141165 
Other undisclosed noncurrent liabilities 3031  8
Total noncurrent liabilities:4574634731415718
Total liabilities:5185275671656398
Stockholders' equity
Stockholders' equity attributable to parent333364408 4445
Common stock000 00
Treasury stock, value(4)(4)(4) (2) 
Additional paid in capital538536533 4726
Accumulated other comprehensive loss(30)(29)(13) (6) 
Accumulated deficit(170)(139)(109) (21)(1)
Stockholders' equity attributable to noncontrolling interest888   
Other undisclosed stockholders' equity     208
Total stockholders' equity:341373416 444213
TOTAL LIABILITIES AND EQUITY:8598999831651,083221

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues162179164   
Revenue, net164   
Cost of revenue
(Cost of Goods and Services Sold)
(20)     
Other undisclosed gross profit(25)(46)(33)   
Gross profit:118133131   
Operating expenses(126)(128)(118)(69) (0)
Other undisclosed operating income (loss)3327  (0)
Operating income (loss):(5)741(69) (1)
Nonoperating income (expense)(5)(1)14  0
Investment income, nonoperating     0
Foreign currency transaction gain (loss), before tax(5)(2)13   
Other nonoperating income (expense)(0)01   
Interest and debt expense(1)(2)(2)   
Other undisclosed loss from continuing operations before equity method investments, income taxes(1)     
Income (loss) from continuing operations before equity method investments, income taxes:(13)452(69) (1)
Other undisclosed loss from continuing operations before income taxes(32)(32)(33)   
Income (loss) from continuing operations before income taxes:(45)(28)19(69) (1)
Income tax expense (benefit)11(2)5   
Net income (loss):(34)(30)24(69) (1)
Net income (loss) attributable to noncontrolling interest00(0)   
Net income (loss) available to common stockholders, diluted:(34)(30)23(69) (1)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(34)(30)24(69) (1)
Other comprehensive loss  (0)   
Other undisclosed comprehensive loss(16)(16)(8)   
Comprehensive income (loss):(50)(46)15(69) (1)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest00(0)   
Other undisclosed comprehensive income, net of tax, attributable to parent19     
Comprehensive income (loss), net of tax, attributable to parent:(31)(46)15(69) (1)

Statements sources

The financial statements are based on the company's filings with the 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.

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