Kemet Corporation (KEM) Financial Statements (2025 and earlier)

Company Profile

Business Address KEMET TOWER
FORT LAUDERDALE, FL 33301
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 367 - Electronic Components And Accessories (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments207,918286,846109,77465,00456,36257,929
Cash and cash equivalent207,918286,846109,77465,00456,36257,929
Receivables154,059144,07692,52693,16890,85798,947
Inventory, net of allowances, customer advances and progress billings241,129204,386147,955168,879171,843187,974
Inventory241,129204,386147,955168,879171,843187,974
Disposal group, including discontinued operation      12,160
Other undisclosed current assets38,94741,16028,75925,49652,26543,566
Total current assets:642,053676,468379,014352,547371,327400,576
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization✕✕✕✕✕✕
Operating lease, right-of-use asset✕✕✕✕✕✕
Property, plant and equipment495,280405,316209,311241,839249,641292,648
Long-term investments and receivables12,92512,01663,41620,33445,01646,419
Long-term investments12,92512,01663,41620,33445,01646,419
Intangible assets, net (including goodwill), including:53,74959,90770,07573,59568,86672,768
Goodwill40,29440,29440,29440,29435,58435,584
Intangible assets, net (excluding goodwill)53,74959,90729,78133,30133,28237,184
Other undisclosed intangible assets, net (including goodwill)(40,294)(40,294)   ✕
Restricted cash and investments     1,77513,512
Deferred income tax assets✕✕✕✕✕✕
Other noncurrent assets16,77010,4314,1195,83211,05610,130
Assets of disposal group, including discontinued operation✕✕✕✕✕✕836
Deferred tax assets, net✕57,02413,8378,593   
Other undisclosed noncurrent assets40,29440,294 8,3975,1116,778
Total noncurrent assets:676,042541,801355,514349,997381,465443,091
TOTAL ASSETS:1,318,0951,218,269734,528702,544752,792843,667
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities250,043264,376128,141121,754178,32276,468
Interest and dividends payable     15,678 
Taxes payable2,9952,010715453  
Employee-related liabilities     32,403 
Accounts payable153,287139,98969,67470,98169,785 
Accrued liabilities93,761122,37757,75250,32060,45676,468
Debt28,43020,5402,0002,0009627,297
Restructuring reserve     6,591✕
Disposal group, including discontinued operation      7,269
Other undisclosed current liabilities     (53,655)75,798
Total current liabilities:278,473284,916130,141123,754132,220166,832
Noncurrent Liabilities
Long-term debt and lease obligation266,041304,083386,211388,597390,409391,292
Long-term debt, excluding current maturities266,041304,083386,211388,597390,409391,292
Liabilities, other than long-term debt125,360151,73660,13174,89298,30991,308
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕✕✕32,852
Deferred compensation liability, classified     1,548 
Deferred income tax liabilities✕✕✕✕✕✕
Liability, pension and other postretirement and postemployment benefits     38,982✕
Restructuring reserve     648 
Disposal group, including discontinued operation, liabilities      2,592
Other liabilities125,360151,73660,13174,89257,13155,864
Other undisclosed noncurrent liabilities 8,80614,571    
Total noncurrent liabilities:400,207470,390446,342463,489488,718482,600
Total liabilities:678,680755,306576,483587,243620,938649,432
Equity
Equity, attributable to parent639,415462,963154,675112,481164,682221,884
Common stock578566467465465465
Treasury stock, value    (9,870)(22,297)(30,054)
Additional paid in capital465,366462,737447,671452,821461,191465,027
Accumulated other comprehensive income (loss)(30,724)(3,015)(41,812)(31,425)(28,796)18,184
Retained earnings (accumulated deficit)204,1952,675(251,651)(299,510)(245,881)(231,738)
Total equity:639,415462,963154,675112,481164,682221,884
Other undisclosed liabilities and equity   3,3702,820(32,828)(27,649)
TOTAL LIABILITIES AND EQUITY:1,318,0951,218,269734,528702,544752,792843,667

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Revenues1,382,8181,199,926757,791734,823823,192833,666
Revenue, net✕4,5591,199,926757,791734,823823,192833,666
Cost of revenue(925,936)(859,741)(571,679)(571,543)(681,583)(732,825)
Cost of product and service sold(924,276)(859,533)(571,679)(571,543)(681,583)(732,825)
Gross profit:456,882340,185186,112163,280141,609100,841
Operating expenses(256,033)(226,882)(151,572)(130,954)(139,283)(144,240)
Other undisclosed operating income     20,05225,188
Operating income (loss):200,849113,30334,54032,32622,378(18,211)
Nonoperating income (expense)(11,214)(24,592)5,1272,3486,1823,180
Gain (loss), foreign currency transaction, before tax7,230(13,145)3,7583,0364,249304
Other nonoperating income     6,1822,681
Interest and debt expense(21,239)(32,882)(39,755)(39,605)(39,698)(40,962)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes2,035131,68910,724(26,286)(988)(304)
Income (loss) from continuing operations before equity method investments, income taxes:170,431187,51810,636(31,217)(12,126)(56,297)
Income (loss) from equity method investments(3,304)76,19241,643(16,406)(2,169)(7,090)
Income (loss) from continuing operations before income taxes:167,127263,71052,279(47,623)(14,295)(63,387)
Income tax expense (benefit)39,460(9,181)(4,290)(6,006)(5,227)(1,482)
Income (loss) from continuing operations:206,587254,52947,989(53,629)(19,522)(64,869)
Income (loss) before gain (loss) on sale of properties:206,587254,52947,989(53,629)(19,257)(64,869)
Income from discontinued operations     265 
Net income (loss) attributable to parent:206,587254,52947,989(53,629)(19,257)(64,869)
Other undisclosed net income (loss) available to common stockholders, basic     5,114(3,634)
Net income (loss) available to common stockholders, diluted:206,587254,52947,989(53,629)(14,143)(68,503)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Net income (loss):206,587254,52947,989(53,629)(19,257)(64,869)
Other comprehensive loss(27,926)     
Comprehensive income (loss):178,661254,52947,989(53,629)(19,257)(64,869)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  38,797(10,387)(2,629)(41,866)6,856
Comprehensive income (loss), net of tax, attributable to parent:178,661293,32637,602(56,258)(61,123)(58,013)

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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