FutureFuel Corp. (FF) financial statements (2021 and earlier)
Company profile
| Business Address |
8235 FORSYTH BOULEVARD SUITE 400 CLAYTON, MO 63105 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 286 - Industrial Organic Chemicals (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 317 | 295 | 235 | 305 | 229 | 212 | 191 | ||
| Cash and cash equivalents | 243 | 215 | 115 | 199 | 154 | 124 | 86 | ||
| Short-term investments | 74 | 80 | 121 | 106 | 75 | 88 | 104 | ||
| Receivables | 123 | 25 | 29 | 45 | 60 | 71 | 29 | ||
| Inventory, net of allowances, customer advances and progress billings | 38 | 39 | 44 | 52 | 65 | 45 | 42 | ||
| Inventory | 38 | 39 | 44 | 52 | 65 | 45 | 42 | ||
| Prepaid expense | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| Deferred costs | 0 | ||||||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 15 | ||
| Other current assets | 1 | 1 | 0 | 1 | 4 | 2 | 1 | ||
| Other undisclosed current assets | 0 | 0 | 0 | 0 | 0 | 5 | |||
| Total current assets: | 481 | 362 | 310 | 405 | 360 | 331 | 283 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 99 | 104 | 110 | 118 | 124 | 127 | 129 | ||
| Intangible assets, net (including goodwill) | 1 | 1 | 1 | 1 | 1 | ✕ | |||
| Intangible assets, net (excluding goodwill) | 1 | 1 | 1 | 1 | 1 | ||||
| Deferred costs | 0 | ||||||||
| Other noncurrent assets | 6 | 4 | 4 | 4 | 3 | 3 | 2 | ||
| Other undisclosed noncurrent assets | 0 | 0 | 0 | ||||||
| Total noncurrent assets: | 106 | 109 | 115 | 124 | 129 | 130 | 131 | ||
| TOTAL ASSETS: | 587 | 471 | 426 | 529 | 489 | 461 | 414 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 72 | 30 | 31 | 136 | 37 | 40 | 23 | ||
| Accounts payable | 61 | 20 | 18 | 23 | 34 | 30 | 15 | ||
| Accrued liabilities | 2 | 3 | 3 | 5 | 8 | ||||
| Employee-related liabilities | 3 | ||||||||
| Taxes payable | 1 | ||||||||
| Interest and dividends payable | 10 | 10 | 10 | 111 | |||||
| Due to related parties | 1 | 2 | 1 | 1 | 0 | 3 | |||
| Deferred revenue and credits | ✕ | ✕ | 3 | 6 | 3 | 2 | 7 | ||
| Deferred tax liabilities | ✕ | 7 | 11 | 9 | |||||
| Other undisclosed current liabilities | 10 | 7 | 1 | 1 | (3) | 2 | |||
| Total current liabilities: | 83 | 39 | 35 | 144 | 49 | 52 | 40 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 33 | 22 | 39 | 52 | 46 | 50 | 45 | ||
| Deferred revenue and credits | ✕ | ✕ | 17 | 17 | 16 | 16 | 14 | ||
| Deferred revenue | 17 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Deferred tax liabilities, net | ✕ | 18 | 21 | 32 | 29 | 30 | 29 | ||
| Deferred income tax liabilities | 13 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 2 | 4 | 1 | 3 | 1 | 4 | 3 | ||
| Other undisclosed noncurrent liabilities | 4 | 20 | |||||||
| Total noncurrent liabilities: | 37 | 43 | 39 | 52 | 46 | 50 | 45 | ||
| Total liabilities: | 119 | 82 | 74 | 196 | 95 | 102 | 86 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 467 | 389 | 352 | 333 | 394 | 359 | 329 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 282 | 282 | 282 | 281 | 279 | 278 | 276 | ||
| Accumulated other comprehensive income (loss) | 0 | (0) | 8 | 4 | 2 | 4 | 7 | ||
| Retained earnings | 185 | 107 | 61 | 48 | 113 | 77 | 45 | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | ||||||||
| Total stockholders' equity: | 467 | 389 | 352 | 333 | 394 | 359 | 329 | ||
| TOTAL LIABILITIES AND EQUITY: | 587 | 471 | 426 | 529 | 489 | 461 | 414 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 205 | 291 | 2 | 8 | 235 | 303 | 435 | |
| Revenue, net | ✕ | ✕ | 2 | 8 | 365 | 381 | 454 | |
| Cost of revenue (Cost of Goods and Services Sold) | (192) | (228) | (196) | (235) | (217) | (329) | ||
| Other undisclosed gross profit | (131) | (26) | 246 | 234 | 58 | (20) | (6) | |
| Gross profit: | 74 | 73 | 20 | 47 | 57 | 66 | 100 | |
| Operating expenses | (9) | (10) | (10) | (10) | (10) | (10) | (10) | |
| Other operating income, net | 4 | 1 | ||||||
| Other undisclosed operating loss | (4) | (1) | ||||||
| Operating income: | 65 | 63 | 10 | 37 | 47 | 56 | 90 | |
| Nonoperating income (expense) | 14 | (3) | 7 | 4 | 5 | 11 | 7 | |
| Investment income, nonoperating | 10 | 24 | 7 | |||||
| Interest and debt expense | (0) | (0) | (0) | (0) | (0) | (0) | (0) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Income from continuing operations before income taxes: | 80 | 60 | 17 | 41 | 52 | 67 | 97 | |
| Income tax expense (benefit) | 8 | (7) | 7 | 16 | (5) | (14) | (23) | |
| Net income attributable to parent: | 88 | 53 | 24 | 56 | 46 | 53 | 74 | |
| Undistributed earnings (loss) allocated to participating securities, basic | (0) | (0) | ✕ | ✕ | ✕ | ✕ | ||
| Net income available to common stockholders, diluted: | 88 | 53 | 23 | 56 | 46 | 53 | 74 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 88 | 53 | 24 | 56 | 46 | 53 | 74 | |
| Other comprehensive income (loss) | 5 | 1 | (2) | (3) | ||||
| Comprehensive income: | 88 | 53 | 28 | 58 | 44 | 50 | 74 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | (0) | 5 | |||||
| Comprehensive income, net of tax, attributable to parent: | 88 | 53 | 28 | 58 | 44 | 50 | 79 | |
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.