Sotera Health Company (SHC) Financial Statements (2024 and earlier)

Company Profile

Business Address 9100 SOUTH HILLS BLVD, SUITE 300
BROADVIEW HEIGHTS, OH 44147
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 809 - Miscellaneous Health And Allied Services, Not (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments296,407395,214106,917
Cash and cash equivalents296,407395,214106,917
Restricted cash and investments5,2471,0807
Receivables157,734135,940118,482
Inventory, net of allowances, customer advances and progress billings48,31637,14554,288
Inventory48,31637,14554,288
Prepaid expense16,12241,21639,938
Contract with customer, asset, after allowance for credit loss17,78519,77715,565
Deposits current assets715660623
Other current assets10,7689,1017,311
Other undisclosed current assets4,1504,8772,830
Total current assets:557,244645,010345,961
Noncurrent Assets
Operating lease, right-of-use asset24,03726,48139,946
Property, plant and equipment 7,9003,4002,800
Long-term investments and receivables   9,405
Long-term investments   9,405
Intangible assets, net (including goodwill)1,527,5081,593,0331,719,164
Goodwill1,111,1901,101,7681,120,320
Intangible assets, net (excluding goodwill)416,318491,265598,844
Deferred income tax assets4,9934,1015,885
Other noncurrent assets41,24238,98312,866
Other undisclosed noncurrent assets967,496806,697653,475
Total noncurrent assets:2,573,1762,472,6952,443,541
TOTAL ASSETS:3,130,4203,117,7052,789,502
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities193,510564,269134,729
Accounts payable71,03974,13972,868
Accrued liabilities122,471490,13061,861
Deferred revenue13,49212,1408,669
Debt13,568198,8411,160
Asset retirement obligation  2,896619
Other undisclosed current liabilities10,08413,42115,984
Total current liabilities:230,654791,567161,161
Noncurrent Liabilities
Long-term debt and lease obligation2,287,4671,804,07073,894
Long-term debt, excluding current maturities2,223,6741,747,115 
Finance lease, liability63,79356,95540,877
Liabilities, other than long-term debt168,565171,830224,817
Deferred rent credit18,76218,90220,745
Asset retirement obligations47,94442,58641,833
Deferred income tax liabilities64,45468,024134,501
Liability, pension and other postretirement and postemployment benefits8,4397,91011,464
Other liabilities8,87912,83116,274
Operating lease, liability20,08721,57733,017
Other undisclosed noncurrent liabilities   1,743,534
Total noncurrent liabilities:2,456,0321,975,9002,042,245
Total liabilities:2,686,6862,767,4672,203,406
Equity
Equity, attributable to parent443,734350,238586,096
Common stock2,8602,8602,860
Treasury stock, value(27,182)(29,775)(33,545)
Additional paid in capital1,215,1781,189,6221,172,593
Accumulated other comprehensive loss(92,682)(106,653)(83,566)
Accumulated deficit(654,440)(705,816)(472,246)
Total equity:443,734350,238586,096
TOTAL LIABILITIES AND EQUITY:3,130,4203,117,7052,789,502

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Revenues1,049,2881,003,687931,478
Cost of revenue(472,130)(446,683)(412,806)
Gross profit:577,158557,004518,672
Operating expenses(300,466)(308,654)(261,939)
Operating income:276,692248,350256,733
Nonoperating income7,2136,29613,856
Other nonoperating income7,3726,44115,201
Interest and debt expense (4,394)(3,454)(20,681)
Other undisclosed loss from continuing operations before equity method investments, income taxes   
Income from continuing operations before equity method investments, income taxes:279,511251,192249,908
Other undisclosed loss from continuing operations before income taxes(173,484)(494,303)(74,192)
Income (loss) from continuing operations before income taxes:106,027(243,111)175,716
Income tax expense (benefit)(54,651)9,541(58,595)
Income (loss) from continuing operations:51,376(233,570)117,121
Income before gain (loss) on sale of properties:117,121
Net income (loss):51,376(233,570)117,121
Net loss attributable to noncontrolling interest   (239)
Net income (loss) attributable to parent:51,376(233,570)116,882
Undistributed earnings (loss) allocated to participating securities, basic(287) (1,524)
Net income (loss) available to common stockholders, diluted:51,089(233,570)115,358

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Net income (loss):51,376(233,570)117,121
Other comprehensive income (loss)8,887(14,409)(9,066)
Other undisclosed comprehensive income (loss)5,084(8,678)19,637
Comprehensive income (loss):65,347(256,657)127,692
Comprehensive loss, net of tax, attributable to noncontrolling interest   (534)
Other undisclosed comprehensive loss, net of tax, attributable to parent   
Comprehensive income (loss), net of tax, attributable to parent:65,347(256,657)127,158

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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