FutureFuel Corp. (FF) Financial Statements (2024 and earlier)

Company Profile

Business Address 8235 FORSYTH BOULEVARD SUITE 400
CLAYTON, MO 63105
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments212,766184,711262,526316,951294,860235,326
Cash and cash equivalents175,640137,521198,122243,331214,972114,627
Short-term investments 37,12647,19064,40473,62079,888120,699
Receivables28,16339,13440,481122,92824,99629,075
Inventory, net of allowances, customer advances and progress billings26,76126,92033,88937,57339,29643,754
Inventory26,76126,92033,88937,57339,29643,754
Prepaid expense3,6943,5883,9671,9321,7671,660
Other current assets2,3801,4761,7421,4931,255387
Other undisclosed current assets124 12156156
Total current assets:273,776255,833342,605480,889362,330310,358
Noncurrent Assets
Property, plant and equipment76,94182,90191,54498,597103,575109,735
Intangible assets, net (including goodwill)   1,4081,4081,4081,408
Intangible assets, net (excluding goodwill)   1,4081,4081,4081,408
Other noncurrent assets5,2525,5965,7475,6113,8063,882
Other undisclosed noncurrent assets     36180
Total noncurrent assets:82,19388,49798,699105,616108,825115,205
TOTAL ASSETS:355,969344,330441,304586,505471,155425,563
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities34,02320,99322,95171,79730,47931,362
Interest and dividends payable 10,49810,49810,49810,498
Accounts payable28,54614,91212,45361,29919,98118,396
Accrued liabilities5,4776,081   2,468
Deferred revenue3,5655,944  
Deferred revenue and credits2,736
Due to related parties7,7997,9119841,2551,6891,183
Other undisclosed current liabilities10,7112089,0539,7117,323 
Total current liabilities:56,09835,05632,98882,76339,49135,281
Noncurrent Liabilities
Liabilities, other than long-term debt13,39716,65032,51532,50422,26738,686
Deferred revenue and credits16,522
Deferred revenue11,60513,05917,94317,151
Deferred tax liabilities, net18,02621,049
Deferred income tax liabilities  1,87012,33212,965
Other liabilities1,7921,7212,2402,3884,2411,115
Other undisclosed noncurrent liabilities3,4743,6963,9184,14020,319 
Total noncurrent liabilities:16,87120,34636,43336,64442,58638,686
Total liabilities:72,96955,40269,421119,40782,07773,967
Equity
Equity, attributable to parent283,000288,928371,883467,098389,078351,596
Common stock444444
Additional paid in capital282,489282,443282,215282,166282,145281,964
Accumulated other comprehensive income (loss) (1)178208296(20)8,433
Retained earnings5086,30389,456184,632106,94961,195
Total equity:283,000288,928371,883467,098389,078351,596
TOTAL LIABILITIES AND EQUITY:355,969344,330441,304586,505471,155425,563

Income Statement (P&L) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues396,014321,386204,505205,226291,0181,882
Revenue, net1,882
Cost of revenue
(Cost of Goods and Services Sold)
     (191,758)(227,999)
Other undisclosed gross profit(367,021)(297,849)(173,198)(131,087)(25,862)246,378
Gross profit:28,99323,53731,30774,13973,39820,261
Operating expenses(11,447)(10,639)(8,968)(8,830)(9,959)(10,374)
Operating income:17,54612,89822,33965,30963,4399,887
Nonoperating income (expense)(3,808)3,0329,43914,486(3,262)6,762
Investment income, nonoperating4,8703,119 10,050  
Other nonoperating income (expense)(4)1148,317(10)(261)(188)
Interest and debt expense(128)(131)(151)(173)(173)(172)
Other undisclosed income from continuing operations before equity method investments, income taxes   151173173172
Income from continuing operations before equity method investments, income taxes:13,61015,79931,77879,79560,17716,649
Other undisclosed income from continuing operations before income taxes128131    
Income from continuing operations before income taxes:13,73815,93031,77879,79560,17716,649
Income tax expense (benefit)1,47310,32514,7868,386(7,019)6,862
Income from continuing operations:15,21126,25546,56488,18153,15823,511
Income before gain (loss) on sale of properties:26,25546,56488,18153,15823,511
Net income attributable to parent:15,21126,25546,56488,18153,15823,511
Undistributed earnings (loss) allocated to participating securities, basic     (16)(21)
Net income available to common stockholders, diluted:15,21126,25546,56488,18153,14223,490

Comprehensive Income ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:15,21126,25546,56488,18153,15823,511
Other comprehensive income      4,893
Comprehensive income:15,21126,25546,56488,18153,15828,404
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(179)(30)(88)316(180) 
Comprehensive income, net of tax, attributable to parent:15,03226,22546,47688,49752,97828,404

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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