Core Molding Technologies Inc (CMT) Financial Statements (2024 and earlier)

Company Profile

Business Address 800 MANOR PARK DRIVE
COLUMBUS, OH 43228
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3089 - Plastics Products, Not Elsewhere Classified (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 investments24,1044,1836,1464,1311,8561,891
Cash and cash equivalents24,1044,1836,1464,1311,8561,891
Receivables48,09146,94138,76827,58432,42445,468
Inventory, net of allowances, customer advances and progress billings22,06323,87125,12918,36021,68225,765
Inventory22,06323,87125,12918,36021,68225,765
Contract with customer, asset, after allowance for credit loss7734417   
Other undisclosed current assets8,5445,3265,0826,4035,2637,178
Total current assets:102,87980,66575,14256,47861,22580,302
Noncurrent Assets
Operating lease, right-of-use asset3,8025,1145,5772,754 
Property, plant and equipment81,18583,26775,89774,05279,20680,657
Intangible assets, net (including goodwill)23,39324,99526,94328,89230,84036,889
Goodwill17,37617,37617,37617,37617,37621,476
Intangible assets, net (excluding goodwill)6,0177,6199,56711,51613,46415,413
Deferred income tax assets   521929 
Other noncurrent assets2,1184,5742,0402,4031,5252,197
Deferred tax assets, net2,0261,153
Other undisclosed noncurrent assets     4,484 
Total noncurrent assets:110,498117,950110,978109,030118,081120,896
TOTAL ASSETS:213,377198,615186,120165,508179,306201,198
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities39,51446,33038,42930,43525,42530,604
Taxes payable2,3322,613  
Employee-related liabilities7,5328,3055,5155,154
Accounts payable23,95829,58622,69516,99419,91025,450
Accrued liabilities15,55616,7445,8702,523  
Deferred revenue5,2041,3956,2561,319 
Debt1,4681,2083,9432,53549,4513,230
Postemployment benefits liability    1,2861,2331,157
Other liabilities     4,0273,514
Other undisclosed current liabilities  1,8644,4244203,6981,686
Total current liabilities:46,18650,79753,05235,99583,83440,191
Noncurrent Liabilities
Long-term debt and lease obligation21,51922,98621,2511,670 55,159
Long-term debt, excluding current maturities21,51922,98621,251  55,159
Liabilities, other than long-term debt6,7198,70711,72210,3837,9276,919
Liability, pension and other postretirement and postemployment benefits2,9605,1917,6897,8237,9276,919
Other liabilities3,7593,5164,0332,560  
Operating lease, liability    1,670 
Other undisclosed noncurrent liabilities    23,5283,119 
Total noncurrent liabilities:28,23831,69332,97335,58111,04662,078
Total liabilities:74,42482,49086,02571,57694,880102,269
Equity
Equity, attributable to parent138,953116,125100,09593,93284,42698,929
Common stock868482807978
Treasury stock, value(31,768)(29,099)(28,617)(28,521)(28,501)(28,403)
Additional paid in capital43,26540,34238,01336,12734,77233,208
Accumulated other comprehensive income5,3013,0531,0751,3751,3702,117
Retained earnings122,069101,74589,54284,87176,70691,929
Total equity:138,953116,125100,09593,93284,42698,929
TOTAL LIABILITIES AND EQUITY:213,377198,615186,120165,508179,306201,198

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
Revenues357,738377,376307,483222,356284,290269,485
Revenue, net269,485
Cost of revenue(293,218)(324,974)(266,139)(187,882)(262,784)(242,344)
Cost of goods and services sold     (262,784)(242,344)
Gross profit:64,52052,40241,34434,47421,50627,141
Operating expenses(37,983)(34,399)(30,276)(24,084)(33,034)(30,241)
Operating income (loss):26,53718,00311,06810,390(11,528)(3,100)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(791)(3,418)(2,149)5,843(4,050)(2,346)
Interest and debt expense(1,011)(1,234)(2,311) (4,144)(2,394)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes    (11,686)4,1442,394
Income (loss) from continuing operations before equity method investments, income taxes:24,73513,3516,6084,547(15,578)(5,446)
Other undisclosed income from continuing operations before income taxes1,0111,2342,311   
Income (loss) from continuing operations before income taxes:25,74614,5858,9194,547(15,578)(5,446)
Income tax expense (benefit)(5,422)(2,382)(4,248)3,618355664
Income (loss) from continuing operations:20,32412,2034,6718,165(15,223)(4,782)
Income (loss) before gain (loss) on sale of properties:4,6718,165(15,223)(4,782)
Net income (loss) attributable to parent:20,32412,2034,6718,165(15,223)(4,782)
Undistributed earnings (loss) allocated to participating securities, basic(81)(180)(232)(424)  
Other undisclosed net loss available to common stockholders, basic      
Net income (loss) available to common stockholders, diluted:20,24312,0234,4397,741(15,223)(4,782)

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 (loss):20,32412,2034,6718,165(15,223)(4,782)
Other comprehensive income (loss)1,8931,432(300)(596)(1,168)462
Comprehensive income (loss):22,21713,6354,3717,569(16,391)(4,320)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent355546 601421(415)
Comprehensive income (loss), net of tax, attributable to parent:22,57214,1814,3718,170(15,970)(4,735)

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.

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