Stillwater Mining Co (SWC) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
26 WEST DRY CREEK CIRCLE LITTLETON, CO 80120 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 109 - Miscellaneous Metal Ores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 450 | 464 | 532 | 496 | 642 | ||
| Cash and cash equivalents | 123 | 147 | 280 | 287 | 380 | ||
| Short-term investments | 327 | 316 | 251 | 209 | 262 | ||
| Receivables | 2 | 1 | 1 | 9 | 10 | ||
| Inventory, net of allowances, customer advances and progress billings | 139 | 102 | 130 | 159 | 153 | ||
| Inventory | 139 | 102 | 130 | 159 | 153 | ||
| Prepaid expense | 3 | 3 | 3 | 4 | ✕ | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 27 | ||
| Other current assets | 21 | 22 | 15 | 15 | ✕ | ||
| Other undisclosed current assets | 21 | 22 | 21 | ||||
| Total current assets: | 614 | 591 | 701 | 704 | 853 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 855 | 813 | 748 | 666 | 123 | ||
| Restricted cash and investments | 0 | ||||||
| Deferred costs | 4 | 6 | 8 | 10 | |||
| Other noncurrent assets | 4 | 4 | 4 | 5 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 6 | ||
| Other undisclosed noncurrent assets | (147) | (129) | (60) | (36) | 899 | ||
| Total noncurrent assets: | 713 | 691 | 698 | 643 | 1,038 | ||
| TOTAL ASSETS: | 1,327 | 1,282 | 1,399 | 1,347 | 1,891 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 80 | 62 | 73 | 77 | 74 | ||
| Taxes payable | 14 | 14 | 16 | 14 | 14 | ||
| Employee-related liabilities | 30 | 30 | 30 | 31 | 31 | ||
| Accounts payable | 37 | 18 | 27 | 32 | 29 | ||
| Debt | 1 | 2 | 2 | 168 | |||
| Other liabilities | 5 | 5 | 7 | 5 | 5 | ||
| Other undisclosed current liabilities | 2 | 4 | |||||
| Total current liabilities: | 87 | 68 | 82 | 89 | 247 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation, including: | 275 | 259 | 294 | 309 | 293 | ||
| Long-term debt, excluding current maturities | 275 | ||||||
| Capital lease obligations | 1 | 3 | 5 | ||||
| Other undisclosed long-term debt and lease obligation | 259 | 293 | 306 | 288 | |||
| Liabilities, other than long-term debt | 38 | 40 | 85 | 95 | 213 | ||
| Asset retirement obligations | 12 | 11 | 9 | 9 | 8 | ||
| Deferred tax liabilities, net | 16 | 23 | 69 | 79 | 200 | ||
| Other liabilities | 10 | 6 | 7 | 7 | 5 | ||
| Other undisclosed noncurrent liabilities | 6 | 6 | 6 | 6 | 6 | ||
| Total noncurrent liabilities: | 319 | 305 | 386 | 410 | 511 | ||
| Total liabilities: | 406 | 373 | 468 | 499 | 758 | ||
| Equity | |||||||
| Equity, attributable to parent | 921 | 909 | 913 | 828 | 1,081 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | ||
| Additional paid in capital | 1,101 | 1,099 | 1,091 | 1,076 | 1,059 | ||
| Accumulated other comprehensive income (loss) | (0) | (0) | 0 | 0 | (0) | ||
| Retained earnings (accumulated deficit) | (182) | (191) | (179) | (249) | 21 | ||
| Equity, attributable to noncontrolling interest | 18 | 20 | 52 | ||||
| Total equity: | 921 | 909 | 932 | 848 | 1,133 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,327 | 1,282 | 1,399 | 1,347 | 1,891 | ||
Income Statement (P&L) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 711 | 726 | 950 | 1,040 | 800 | |
| Cost of revenue | (648) | (660) | (797) | (901) | (682) | |
| Cost of goods and services sold | (574) | (595) | (729) | (841) | (624) | |
| Gross profit: | 63 | 67 | 153 | 139 | 118 | |
| Operating expenses | (40) | (86) | (50) | (521) | (72) | |
| Other undisclosed operating income (loss) | 1 | (0) | (5) | (15) | (2) | |
| Operating income (loss): | 24 | (20) | 98 | (397) | 44 | |
| Nonoperating income | 6 | 8 | 10 | 24 | 18 | |
| Investment income, nonoperating | 4 | 3 | 3 | 4 | 2 | |
| Gain, foreign currency transaction, before tax | 1 | 4 | 5 | 18 | 15 | |
| Interest and debt expense | (16) | (20) | (23) | (23) | (11) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (4) | 0 | ||||
| Income (loss) from continuing operations before income taxes: | 13 | (36) | 85 | (396) | 50 | |
| Income tax expense (benefit) | (4) | 12 | (16) | 94 | 4 | |
| Income (loss) from continuing operations: | 9 | (24) | 69 | (302) | 54 | |
| Income (loss) before gain (loss) on sale of properties: | 9 | (24) | 69 | (302) | 54 | |
| Net income (loss): | 9 | (24) | 69 | (302) | 54 | |
| Net income (loss) attributable to noncontrolling interest | 12 | 1 | 32 | (1) | ||
| Other undisclosed net income attributable to parent | 1 | |||||
| Net income (loss) available to common stockholders, basic: | 9 | (12) | 70 | (270) | 55 | |
| Other undisclosed net income available to common stockholders, diluted | 17 | 5 | ||||
| Net income (loss) available to common stockholders, diluted: | 9 | (12) | 87 | (270) | 60 | |
Comprehensive Income ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 9 | (24) | 69 | (302) | 54 | |
| Other comprehensive loss | (0) | |||||
| Other undisclosed comprehensive income (loss) | (0) | 0 | 0 | 1 | ||
| Comprehensive income (loss): | 9 | (24) | 69 | (302) | 55 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (12) | (1) | 32 | 1 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 24 | 3 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 9 | (12) | 70 | (270) | 56 | |
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.