Diversey Holdings, Ltd. (DSEY) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1300 ALTURA ROAD FORT MILL, SC 29708 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2842 - Specialty Cleaning, Polishing, and Sanitation Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2023 MRQ | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 206 | 208 | |||
| Cash and cash equivalents | 206 | 208 | |||
| Restricted cash and investments | 0 | ||||
| Receivables | 558 | 494 | |||
| Inventory, net of allowances, customer advances and progress billings | 355 | 338 | |||
| Inventory | 355 | 338 | |||
| Prepaid expense | 32 | 36 | |||
| Derivative instruments and hedges, assets | 54 | 11 | |||
| Other current assets | 2 | 2 | |||
| Total current assets: | 1,205 | 1,088 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 254 | 211 | |||
| Intangible assets, net (including goodwill) | 2,447 | 2,619 | |||
| Goodwill | 463 | 472 | |||
| Intangible assets, net (excluding goodwill) | 1,984 | 2,147 | |||
| Other noncurrent assets | 348 | 382 | |||
| Total noncurrent assets: | 3,049 | 3,212 | |||
| TOTAL ASSETS: | 4,255 | 4,300 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 759 | 641 | |||
| Interest and dividends payable | ✕ | ✕ | 11 | ||
| Taxes payable | ✕ | ✕ | 34 | ||
| Employee-related liabilities | ✕ | ✕ | 86 | ||
| Accounts payable | 553 | 434 | |||
| Accrued liabilities | 206 | 76 | |||
| Deferred revenue | 156 | 138 | |||
| Debt | 19 | 23 | |||
| Deferred compensation liability | 2 | 5 | |||
| Derivative instruments and hedges, liabilities | 18 | 8 | |||
| Restructuring reserve | 28 | 17 | |||
| Business combination, contingent consideration, liability | 4 | ||||
| Other undisclosed current liabilities | 14 | 20 | |||
| Total current liabilities: | 996 | 857 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 1,969 | 1,973 | |||
| Long-term debt, excluding current maturities | 1,969 | 1,973 | |||
| Liabilities, other than long-term debt | 617 | 684 | |||
| Deferred income tax liabilities | 149 | 164 | |||
| Other liabilities | 468 | 520 | |||
| Total noncurrent liabilities: | 2,586 | 2,657 | |||
| Total liabilities: | 3,582 | 3,514 | |||
| Equity | |||||
| Equity, attributable to parent | 673 | 786 | |||
| Additional paid in capital | 1,718 | 1,663 | |||
| Accumulated other comprehensive loss | (155) | (157) | |||
| Accumulated deficit | (889) | (720) | |||
| Total equity: | 673 | 786 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,255 | 4,300 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Revenues | 2,766 | 2,619 | ||
| Cost of revenue | (1,890) | (1,603) | ||
| Gross profit: | 876 | 1,016 | ||
| Operating expenses | (937) | (954) | ||
| Other undisclosed operating loss | (51) | (72) | ||
| Operating loss: | (112) | (10) | ||
| Nonoperating income (Other Nonoperating income) | 37 | 0 | ||
| Interest and debt expense | (112) | (142) | ||
| Loss from continuing operations before equity method investments, income taxes: | (187) | (152) | ||
| Other undisclosed income from continuing operations before income taxes | 2 | 2 | ||
| Loss from continuing operations before income taxes: | (186) | (150) | ||
| Income tax expense (benefit) | 16 | (25) | ||
| Loss from continuing operations: | (169) | (175) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (175) | ||
| Net loss available to common stockholders, diluted: | (169) | (175) | ||
Comprehensive Income ($ in millions)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Net loss: | (169) | (175) | ||
| Other comprehensive income | 12 | 43 | ||
| Other undisclosed comprehensive income | ||||
| Comprehensive loss: | (157) | (132) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (10) | 13 | ||
| Comprehensive loss, net of tax, attributable to parent: | (167) | (119) | ||
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.