Century Aluminum Company (CENX) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1 SOUTH WACKER DRIVE CHICAGO, IL 60606 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3334 - Primary Production of Aluminum (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 65 | 30 | 27 | 29 | 58 | 9 | 26 | ||
| Cash and cash equivalents | 65 | 30 | 27 | 29 | 58 | 9 | 26 | ||
| Receivables | 87 | 139 | 146 | 89 | 89 | 93 | 79 | ||
| Inventory, net of allowances, customer advances and progress billings | 383 | 416 | 427 | 426 | 343 | 332 | 303 | ||
| Inventory | 383 | 416 | 427 | 426 | 343 | 332 | 303 | ||
| Derivative instruments and hedges, assets | 198 | 140 | 73 | 35 | 34 | 26 | 14 | ||
| Other undisclosed current assets | 26 | 32 | 56 | 40 | 31 | 19 | 19 | ||
| Total current assets: | 759 | 757 | 729 | 618 | 555 | 478 | 441 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 741 | 738 | 893 | 893 | 873 | 869 | 867 | ||
| Long-term investments and receivables | 0 | ||||||||
| Due from related parties | 0 | ||||||||
| Derivative instruments and hedges | 30 | ||||||||
| Other noncurrent assets | 54 | 90 | 67 | 59 | 62 | 59 | 55 | ||
| Total noncurrent assets: | 825 | 828 | 960 | 952 | 934 | 927 | 923 | ||
| TOTAL ASSETS: | 1,584 | 1,585 | 1,689 | 1,570 | 1,489 | 1,405 | 1,363 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 247 | 311 | 285 | 258 | 245 | 198 | 189 | ||
| Accounts payable | 171 | 230 | 203 | 187 | 165 | 134 | 116 | ||
| Accrued liabilities | 66 | 71 | 63 | 63 | 61 | 55 | 62 | ||
| Employee-related liabilities | 10 | 10 | 10 | 9 | 10 | 10 | 10 | ||
| Interest and dividends payable | 9 | 9 | |||||||
| Derivative instruments and hedges, liabilities | 23 | 49 | 122 | 102 | 124 | 88 | 63 | ||
| Due to related parties | 15 | 27 | 88 | 66 | 92 | 61 | 55 | ||
| Other undisclosed current liabilities | 121 | 58 | 78 | 121 | 55 | 47 | 58 | ||
| Total current liabilities: | 406 | 445 | 574 | 547 | 516 | 394 | 364 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 390 | 391 | 392 | 353 | 352 | 352 | 267 | ||
| Long-term debt, excluding current maturities | 370 | 370 | 370 | 330 | 330 | 329 | 243 | ||
| Operating lease, liability | 20 | 21 | 22 | 23 | 23 | 23 | 23 | ||
| Liabilities, other than long-term debt | 271 | 271 | 283 | 249 | 302 | 288 | 324 | ||
| Deferred income tax liabilities | 112 | 92 | 61 | 59 | 49 | 43 | 86 | ||
| Liability, pension and other postretirement and postemployment benefits | 115 | 116 | 119 | 122 | 158 | 161 | 164 | ||
| Due to related parties | 5 | 9 | 53 | 22 | 22 | 14 | 7 | ||
| Other liabilities | 40 | 52 | 51 | 46 | 48 | 48 | 67 | ||
| Derivative instruments and hedges, liabilities | 24 | 23 | |||||||
| Total noncurrent liabilities: | 661 | 661 | 675 | 602 | 654 | 641 | 591 | ||
| Total liabilities: | 1,067 | 1,106 | 1,249 | 1,149 | 1,169 | 1,035 | 955 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 517 | 479 | 440 | 421 | 320 | 370 | 408 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Treasury stock, value | (86) | (86) | (86) | (86) | (86) | (86) | (86) | ||
| Additional paid in capital | 2,538 | 2,537 | 2,536 | 2,536 | 2,528 | 2,527 | 2,531 | ||
| Accumulated other comprehensive loss | (88) | (81) | (82) | (82) | (115) | (116) | (118) | ||
| Accumulated deficit | (1,848) | (1,892) | (1,929) | (1,947) | (2,007) | (1,955) | (1,920) | ||
| Total stockholders' equity: | 517 | 479 | 440 | 421 | 320 | 370 | 408 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,584 | 1,585 | 1,689 | 1,570 | 1,489 | 1,405 | 1,363 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 637 | 857 | 754 | 659 | 581 | 528 | 444 | |
| Revenue from related parties | 405 | 484 | 433 | 412 | 351 | 306 | 268 | |
| Other operating income | 232 | 373 | 321 | 247 | 231 | 222 | 176 | |
| Cost of revenue (Cost of Goods and Services Sold) | (680) | (841) | (660) | (590) | (527) | (507) | (465) | |
| Gross profit: | (43) | 16 | 93 | 69 | 55 | 21 | (21) | |
| Operating expenses | (9) | (165) | (12) | (19) | (14) | (9) | (16) | |
| Other operating income (expense), net | 0 | (0) | (0) | (0) | (0) | (0) | (0) | |
| Operating income (loss): | (52) | (150) | 81 | 51 | 40 | 12 | (37) | |
| Nonoperating income (expense) | 124 | 235 | (55) | 29 | (79) | (63) | (96) | |
| Investment income, nonoperating | 113 | 232 | (57) | 27 | (77) | (64) | (98) | |
| Interest and debt expense | (8) | (6) | (7) | (31) | (7) | (32) | (9) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 65 | 80 | 19 | 48 | (46) | (84) | (142) | |
| Other undisclosed income from continuing operations before income taxes | 1 | |||||||
| Income (loss) from continuing operations before income taxes: | 65 | 80 | 19 | 49 | (46) | (84) | (142) | |
| Income tax expense (benefit) | (21) | (42) | (2) | (13) | (7) | 48 | 2 | |
| Net income (loss): | 44 | 37 | 18 | 36 | (52) | (35) | (140) | |
| Other undisclosed net income attributable to parent | 0 | 0 | 24 | 0 | 0 | |||
| Net income (loss) attributable to parent: | 44 | 37 | 18 | 60 | (52) | (35) | (140) | |
| Undistributed earnings (loss) allocated to participating securities, basic | (3) | (2) | (1) | |||||
| Net income (loss) available to common stockholders, basic: | 42 | 35 | 17 | 60 | (52) | (35) | (140) | |
| Dilutive securities, effect on basic earnings per share | 0 | 0 | 1 | |||||
| Net income (loss) available to common stockholders, diluted: | 42 | 36 | 17 | 60 | (52) | (35) | (140) | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 44 | 37 | 18 | 36 | (52) | (35) | (140) | |
| Other comprehensive income (loss) | (7) | 1 | 1 | 33 | 1 | 1 | 1 | |
| Other undisclosed comprehensive income | 0 | |||||||
| Comprehensive income (loss): | 37 | 38 | 18 | 69 | (51) | (34) | (139) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 0 | 0 | 24 | 0 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 37 | 38 | 18 | 93 | (51) | (34) | (139) | |
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.