Metalico Inc (MEA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
186 NORTH AVE EAST CRANFORD, NJ 07016 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3341 - Secondary Smelting and Refining of Nonferrous Metals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 3,757 | 7,056 | 5,418 | |||
| Cash and cash equivalents | 3,757 | 7,056 | 5,418 | |||
| Receivables | 42,349 | 53,417 | 59,067 | |||
| Inventory, net of allowances, customer advances and progress billings | 46,126 | 69,683 | 74,947 | |||
| Inventory | 46,126 | 69,683 | 74,947 | |||
| Prepaid expense | 5,233 | 5,660 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 5,398 | ||
| Income taxes receivable | ✕ | ✕ | 3,656 | |||
| Other undisclosed current assets | 897 | 4,657 | 2,010 | |||
| Total current assets: | 98,362 | 140,473 | 150,496 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 81,620 | 98,748 | 101,580 | |||
| Intangible assets, net (including goodwill) | 33,430 | 53,893 | 95,693 | |||
| Goodwill | 11,898 | 22,443 | 54,773 | |||
| Intangible assets, net (excluding goodwill) | 21,532 | 31,450 | 40,920 | |||
| Other noncurrent assets | 4,932 | 7,899 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 4,209 | ||
| Total noncurrent assets: | 119,982 | 160,540 | 201,482 | |||
| TOTAL ASSETS: | 218,344 | 301,013 | 351,978 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 15,363 | 18,896 | 22,122 | |||
| Interest and dividends payable | 298 | |||||
| Employee-related liabilities | 656 | 940 | 937 | |||
| Accounts payable | 10,134 | 17,956 | 21,185 | |||
| Accrued liabilities | 4,275 | |||||
| Debt | 862 | 6,327 | 13,136 | |||
| Other liabilities | 2,371 | 1,907 | 2,593 | |||
| Other undisclosed current liabilities | 2,326 | 998 | 2,074 | |||
| Total current liabilities: | 20,922 | 28,128 | 39,925 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation, including: | 62,391 | 97,919 | 49,325 | |||
| Long-term debt, excluding current maturities | 3,500 | 23,172 | 67,927 | |||
| Other undisclosed long-term debt and lease obligation | 58,891 | 74,747 | (18,602) | |||
| Liabilities, other than long-term debt | 8,469 | 3,562 | 13,126 | |||
| Accounts payable and accrued liabilities | 88 | |||||
| Deferred tax liabilities, net | 1,735 | 2,295 | 11,646 | |||
| Accrued environmental loss contingencies | 726 | |||||
| Other liabilities | 5,117 | 1,267 | 1,480 | |||
| Derivative instruments and hedges, liabilities | 803 | |||||
| Other undisclosed noncurrent liabilities | 8,861 | 23,172 | 67,927 | |||
| Total noncurrent liabilities: | 79,721 | 124,653 | 130,378 | |||
| Total liabilities: | 100,643 | 152,781 | 170,303 | |||
| Equity | ||||||
| Equity, attributable to parent | 117,701 | 147,179 | 180,509 | |||
| Common stock | 70 | 48 | 48 | |||
| Additional paid in capital | 200,033 | 185,520 | 184,111 | |||
| Accumulated other comprehensive loss | (372) | (449) | ||||
| Accumulated deficit | (82,402) | (38,017) | (3,201) | |||
| Other undisclosed equity | 1,053 | 1,166 | ||||
| Total equity: | 117,701 | 148,232 | 181,675 | |||
| TOTAL LIABILITIES AND EQUITY: | 218,344 | 301,013 | 351,978 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 476,037 | 529,990 | 573,643 | ||
| Cost of revenue | (46,366) | (81,815) | (65,121) | ||
| Gross profit: | 429,671 | 448,175 | 508,522 | ||
| Operating expenses | (444,375) | (487,475) | (523,684) | ||
| Operating loss: | (14,704) | (39,300) | (15,162) | ||
| Nonoperating expense | (25,378) | (8,692) | (4,234) | ||
| Investment income, nonoperating | (8,247) | 348 | |||
| Interest and debt expense | (26,002) | (8,863) | (9,020) | ||
| Loss from continuing operations before equity method investments, income taxes: | (66,084) | (56,855) | (28,416) | ||
| Income from equity method investments | 107 | 11 | |||
| Other undisclosed income from continuing operations before income taxes | 26,002 | 8,756 | 9,009 | ||
| Loss from continuing operations before income taxes: | (40,082) | (47,992) | (19,396) | ||
| Income tax expense (benefit) | (1,159) | 13,063 | 6,251 | ||
| Loss from continuing operations: | (41,241) | (34,929) | (13,145) | ||
| Loss before gain (loss) on sale of properties: | (45,438) | (34,929) | (13,151) | ||
| Loss from discontinued operations | (4,197) | (6) | |||
| Other undisclosed net income | 6 | ||||
| Net loss: | (45,438) | (34,929) | (13,145) | ||
| Net income attributable to noncontrolling interest | 1,053 | 113 | 34 | ||
| Net loss available to common stockholders, diluted: | (44,385) | (34,816) | (13,111) | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (45,438) | (34,929) | (13,145) | ||
| Other comprehensive income (loss) | 372 | 77 | (15) | ||
| Comprehensive loss: | (45,066) | (34,852) | (13,160) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1,053 | (113) | (34) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,053) | 226 | 68 | ||
| Comprehensive loss, net of tax, attributable to parent: | (45,066) | (34,739) | (13,126) | ||
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.