Marine Products Corporation (MPX) financial statements (2020 and earlier)

Company profile

Business Address 2801 BUFORD HIGHWAY NE, SUITE 300
ATLANTA, GA 30329
State of Incorp. DE
Fiscal Year End December 31
SIC 373 - Ship And Boat Building And Repairing (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 investments201210716811
Cash and cash equivalents20983845
Short-term investments 334846
Receivables8441232
Inventory, net of allowances, customer advances and progress billings42473842332929
Inventory42473842332929
Income taxes receivable1
Other undisclosed current assets2222243
Total current assets:71655452534345
Noncurrent Assets
Property, plant and equipment15151413131011
Long-term investments and receivables 5105273431
Long-term investments 5105273431
Intangible assets, net (including goodwill)4444444
Goodwill3333333
Intangible assets, net (excluding goodwill)0000000
Deferred income tax assets4
Other noncurrent assets111010910108
Other undisclosed noncurrent assets 345433
Total noncurrent assets:34364236586157
TOTAL ASSETS:1051019689111104103
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1314151310107
Accounts payable4555446
Accrued liabilities666544 
Employee-related liabilities3332221
Deferred revenue0
Deferred revenue and credits101  
Other undisclosed current liabilities4444338
Total current liabilities:17181917141315
Noncurrent Liabilities
Liabilities, other than long-term debt11876777
Pension and other postretirement defined benefit plans, liabilities6
Deferred tax liabilities, net    00
Liability, pension and other postretirement and postemployment benefits1077677
Other liabilities1000000
Other undisclosed noncurrent liabilities     (0)(0)
Total noncurrent liabilities:11876777
Total liabilities:28262623202021
Stockholders' equity
Stockholders' equity attributable to parent77757065908381
Common stock3333444
Additional paid in capital    444
Accumulated other comprehensive loss(3)(2)(2)(2)(2)(2)(1)
Retained earnings77746864847875
Total stockholders' equity:77757065908381
TOTAL LIABILITIES AND EQUITY:1051019689111104103

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
Revenues292299267241207171168
Revenue, net267241207171168
Cost of revenue
(Cost of Goods and Services Sold)
(227)(232)(208)(191)(163)(138)(138)
Gross profit:65665950443330
Operating expenses(31)(31)(29)(27)(23)(22)(22)
Other undisclosed operating income     12
Operating income:34353023211210
Nonoperating income
(Investment Income, Nonoperating)
0000011
Income from continuing operations before income taxes:34363023211310
Income tax expense(6)(7)(11)(7)(7)(4)(3)
Net income attributable to parent:282819171498
Other undisclosed net loss available to common stockholders, basic(1)(1)(1)(1)   
Net income available to common stockholders, diluted:282819161498

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:282819171498
Other comprehensive income (loss)(1)(0)0(0)0(1)1
Comprehensive income:282820161488
Other undisclosed comprehensive income, net of tax, attributable to parent0      
Comprehensive income, net of tax, attributable to parent:282820161488

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.

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: