Helios Technologies Inc. (HLIO) Financial Statements (2024 and earlier)

Company Profile

Business Address 7456 SIXTEENTH STREET EAST
SARASOTA, FL 34243
State of Incorp. FL
Fiscal Year End December 31
Industry (SIC) 349 - Miscellaneous Fabricated Metal Products (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 investments43,70028,54025,21622,12323,47763,882
Cash and cash equivalents43,70028,54025,21622,12323,47763,882
Restricted cash and investments  4141393840
Receivables135,300137,32398,72669,87377,35537,503
Inventory, net of allowances, customer advances and progress billings191,600165,629110,37285,19585,98941,545
Inventory191,600165,629110,37285,19585,98941,545
Other current assets17,90020,10119,66415,3599,9973,806
Total current assets:388,500351,634254,019192,589196,856146,776
Noncurrent Assets
Operating lease, right-of-use asset19,20022,77616,61612,310
Property, plant and equipment156,500151,434146,561133,544126,86891,931
Intangible assets, net (including goodwill)874,100872,695862,908672,220703,679213,000
Goodwill468,500459,936443,533377,569383,131108,869
Intangible assets, net (excluding goodwill)405,600412,759419,375294,651320,548104,131
Regulated entity, other noncurrent assets    8031,048 
Deferred income tax assets1,6002,9346,645 
Other noncurrent assets23,80013,87310,2305,2855,2993,405
Other undisclosed noncurrent assets    5,0008,4154,654
Total noncurrent assets:1,075,2001,063,7121,042,960829,162845,309312,990
TOTAL ASSETS:1,463,7001,415,3461,296,9791,021,7511,042,165459,766
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities101,300123,14186,84254,45369,65528,761
Interest and dividends payable2,9172,8912,8842,8782,437
Taxes payable6,3281,4894,9412,6971,878
Employee-related liabilities28,59522,98516,89813,260 
Accounts payable73,70085,30159,47729,73040,87915,469
Accrued liabilities27,600   9,9418,977
Deferred revenue3,3004,4364,208353
Debt    3,155  
Business combination, contingent consideration, liability    82818,12017,102
Due to related parties  421   
Contract with customer, liability138
Other undisclosed current liabilities47,70041,94336,54117,6645,077 
Total current liabilities:152,300169,520128,01276,45392,99045,863
Noncurrent Liabilities
Long-term debt and lease obligation164,200201,837189,93293,37491,720116,000
Long-term debt, excluding current maturities164,200183,897189,93284,06291,720116,000
Liabilities, other than long-term debt105,500110,654115,33625,60270,93725,230
Deferred tax liabilities, net57,7832,068
Deferred income tax liabilities61,00071,83678,864 
Other liabilities30,00038,81836,47225,60212,3146,382
Operating lease, liability14,50017,940 9,312
Business combination, contingent consideration, liability     84016,780
Other undisclosed noncurrent liabilities246,800224,372255,909248,686255,750 
Total noncurrent liabilities:516,500536,863561,177367,662418,407141,230
Total liabilities:668,800706,383689,189444,115511,397187,093
Equity
Equity, attributable to parent794,900708,963607,790577,636530,768272,673
Common stock  3232323227
Additional paid in capital404,300394,641371,778365,310357,93395,354
Accumulated other comprehensive loss(59,400)(48,989)(34,340)(55,364)(46,253)(6,478)
Retained earnings450,000363,279270,320267,658219,056183,770
Total equity:794,900708,963607,790577,636530,768272,673
TOTAL LIABILITIES AND EQUITY:1,463,7001,415,3461,296,9791,021,7511,042,165459,766

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
Revenues885,400869,185523,040554,665508,045342,839
Revenue, net342,839
Cost of revenue
(Cost of Goods and Services Sold)
(586,900)(556,380)(326,812)(342,383)(315,362)(206,314)
Gross profit:298,500312,805196,228212,282192,683136,525
Operating expenses(161,200)(163,496)(160,816)(119,454)(117,129)(75,034)
Other undisclosed operating loss    (2,713)  
Operating income:137,300149,30935,41290,11575,55461,491
Nonoperating income (expense)1,200(1,259)1,9211,231(243)(742)
Investment income, nonoperating      (220)
Gain (loss), foreign currency transaction, before tax900(970)1,555846(3,558)52
Other nonoperating income (expense)300(289)366385  
Interest and debt expense   (1,107)(717)(729)(4,082)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (9,123)
Income from continuing operations before equity method investments, income taxes:138,500148,05036,22690,62974,58247,544
Other undisclosed loss from continuing operations before income taxes(16,700)(16,871)(12,179)(15,322)(18,187) 
Income from continuing operations before income taxes:121,800131,17924,04775,30756,39547,544
Income tax expense(23,400)(26,583)(9,829)(15,039)(9,665)(15,986)
Income from continuing operations:98,400104,59614,21860,26846,73031,558
Income before gain (loss) on sale of properties:104,59614,21860,26846,73031,558
Net income available to common stockholders, basic:98,400104,59614,21860,26846,73031,558
Dilutive securities, effect on basic earnings per share100171    
Net income available to common stockholders, diluted:98,500104,76714,21860,26846,73031,558

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:98,400104,59614,21860,26846,73031,558
Other comprehensive loss    (9,111)  
Comprehensive income:98,400104,59614,21851,15746,73031,558
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(10,400)(14,649)21,024 (39,775)9,355
Comprehensive income, net of tax, attributable to parent:88,00089,94735,24251,1576,95540,913

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: