Pyxus International, Inc. (PYYX) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6001 HOSPITALITY COURT MORRISVILLE, NC 27560-2009 |
| State of Incorp. | |
| Fiscal Year End | March 31 |
| Industry (SIC) | 515 - Farm-product Raw Materials (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2024 MRQ | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 93 | 137 | 199 | 93 | 170 | 192 | |||
| Cash and cash equivalent | 93 | 137 | 199 | 93 | 170 | 192 | |||
| Restricted cash and investments | 1 | 2 | 2 | 1 | 1 | 5 | |||
| Receivables | 173 | 191 | 248 | 188 | 227 | 290 | |||
| Inventory, net of allowances, customer advances and progress billings | (4) | ||||||||
| Inventory | (4) | ||||||||
| Prepaid expense | 50 | 38 | 35 | 30 | 23 | 16 | |||
| Contract with customer, asset, after allowance for credit loss | 20 | 42 | 49 | 44 | 39 | ||||
| Derivative instruments and hedges, assets | 4 | 10 | 1 | 0 | |||||
| Advances on inventory purchases | 20 | 42 | 49 | 44 | 39 | 20 | |||
| Other current assets | 16 | 18 | 25 | 16 | 15 | 15 | |||
| Other undisclosed current assets | 937 | 746 | 711 | 708 | 718 | 704 | |||
| Total current assets: | 1,310 | 1,221 | 1,328 | 1,123 | 1,232 | 1,239 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 36 | 36 | 36 | 40 | 41 | ✕ | |||
| Nontrade receivables | 3 | 3 | 5 | 4 | 3 | 3 | |||
| Property, plant and equipment | 134 | 133 | 138 | 140 | 296 | 276 | |||
| Long-term investments and receivables | 101 | 101 | 95 | 96 | 75 | 69 | |||
| Due from related parties | ✕ | ✕ | 0 | 7 | |||||
| Long-term investments | 101 | 101 | 95 | 96 | 68 | 69 | |||
| Intangible assets, net (including goodwill) | 34 | 39 | 45 | 88 | 66 | 106 | |||
| Goodwill | 37 | 34 | |||||||
| Intangible assets, net (excluding goodwill) | 34 | 39 | 45 | 51 | 66 | 72 | |||
| Restricted cash and investments | 0 | 0 | 0 | 0 | |||||
| Deferred income tax assets | 7 | 7 | 6 | 7 | 0 | ✕ | |||
| Other noncurrent assets | 33 | 44 | 45 | 40 | 48 | 47 | |||
| Other undisclosed noncurrent assets | 119 | ||||||||
| Total noncurrent assets: | 348 | 362 | 371 | 417 | 531 | 621 | |||
| TOTAL ASSETS: | 1,658 | 1,582 | 1,699 | 1,539 | 1,763 | 1,859 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 278 | 263 | 267 | 183 | 162 | 182 | |||
| Taxes payable | ✕ | ✕ | ✕ | 6 | 8 | 5 | 4 | ||
| Accounts payable | 181 | 170 | 179 | 104 | 67 | 87 | |||
| Accrued liabilities | 97 | 93 | 82 | 72 | 90 | 91 | |||
| Deferred revenue | 91 | 42 | 53 | 12 | 19 | ✕ | |||
| Debt | 520 | 383 | 486 | 374 | 585 | 429 | |||
| Derivative instruments and hedges, liabilities | |||||||||
| Due to related parties | ✕ | ✕ | 22 | 12 | 19 | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 16 | ||
| Other undisclosed current liabilities | 17 | 27 | 8 | 10 | 11 | ||||
| Total current liabilities: | 905 | 715 | 814 | 602 | 789 | 647 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 498 | 618 | 609 | 581 | 932 | 898 | |||
| Long-term debt, excluding current maturities | 498 | 618 | 580 | 551 | 904 | 898 | |||
| Liabilities, other than long-term debt | 108 | 107 | 94 | 103 | 118 | 95 | |||
| Accounts payable and accrued liabilities | 3 | 5 | 7 | 8 | 9 | 11 | |||
| Deferred income tax liabilities | 8 | 10 | 12 | 13 | 23 | ✕ | |||
| Liability for uncertainty in income taxes | 18 | 14 | 14 | 15 | 12 | 11 | |||
| Liability, pension and other postretirement and postemployment benefits | 54 | 53 | 61 | 68 | 74 | 73 | |||
| Operating lease, liability | 26 | 26 | 29 | 30 | 28 | ✕ | |||
| Other undisclosed noncurrent liabilities | 27 | ||||||||
| Total noncurrent liabilities: | 606 | 726 | 703 | 684 | 1,050 | 1,020 | |||
| Total liabilities: | 1,511 | 1,441 | 1,517 | 1,286 | 1,839 | 1,667 | |||
| Equity | |||||||||
| Equity, attributable to parent | 142 | 138 | 175 | 248 | (78) | 184 | |||
| Common stock | 390 | 390 | 390 | 391 | 470 | 469 | |||
| Accumulated other comprehensive income (loss) | 8 | 6 | 4 | (7) | (59) | (61) | |||
| Accumulated deficit | (255) | (258) | (219) | (137) | (489) | (224) | |||
| Equity, attributable to noncontrolling interest | 5 | 4 | 6 | 6 | 2 | 8 | |||
| Total equity: | 147 | 142 | 181 | 254 | (76) | 192 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,658 | 1,582 | 1,699 | 1,539 | 1,763 | 1,859 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,033 | 1,915 | 1,640 | 1,527 | 1,802 | |||
| Cost of revenue (Cost of Product and Service Sold) | (1,720) | (1,654) | (1,413) | (1,303) | (1,551) | |||
| Gross profit: | 312 | 261 | 227 | 225 | 251 | |||
| Operating expenses | (161) | (152) | (148) | (199) | (173) | |||
| Other operating income (expense), net | (9) | (11) | (3) | 2 | 14 | |||
| Other undisclosed operating loss | (5) | (5) | (34) | (39) | (5) | |||
| Operating income (loss): | 137 | 94 | 42 | (12) | 87 | |||
| Nonoperating income (expense) | (1) | (11) | 4 | 4 | ||||
| Investment income, nonoperating | (1) | (11) | 4 | 4 | ||||
| Interest and debt expense | 16 | (36) | (2) | (137) | (134) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (138) | (80) | (108) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 15 | (23) | (79) | (144) | (43) | |||
| Income from equity method investments | 15 | 19 | 10 | 6 | 10 | |||
| Income (loss) from continuing operations before income taxes: | 30 | (4) | (69) | (139) | (33) | |||
| Income tax expense | (27) | (34) | (13) | (132) | (38) | |||
| Income (loss) from continuing operations: | 3 | (38) | (82) | (270) | (71) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (82) | ✕ | (270) | (71) | |
| Net income (loss): | 3 | (38) | (82) | (270) | (71) | |||
| Net income (loss) attributable to noncontrolling interest | (1) | (1) | (0) | 6 | 1 | |||
| Net income (loss) available to common stockholders, diluted: | 3 | (39) | (82) | (265) | (70) | |||
Comprehensive Income ($ in millions)
| 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3 | (38) | (82) | (270) | (71) | |||
| Other comprehensive income (loss) | 2 | 2 | 11 | 45 | 2 | (13) | ||
| Comprehensive income (loss): | 5 | (36) | (72) | 45 | (268) | (84) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | (1) | (0) | 6 | 0 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 5 | (37) | (72) | 45 | (262) | (84) | ||
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.