Tennant Company (TNC) financial statements (2022 and earlier)

Company profile

Business Address 104000 CLEAN STREET
EDEN PRAIRIE, MN 55344
State of Incorp. MN
Fiscal Year End December 31
SIC 358 - Refrigeration And Service Industry Machinery (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   86585851
Cash and cash equivalents   86585851
Receivables211195217208203145136
Inventory, net of allowances, customer advances and progress billings1611281501351287977
Inventory1611281501351287977
Prepaid expense   2219915
Disposal group, including discontinued operation      7
Other current assets   9822
Other undisclosed current assets1551711149745
Total current assets:527494481469423298294
Noncurrent Assets
Finance lease, right-of-use asset 0 
Operating lease, right-of-use asset414547
Property, plant and equipment17318617316318011295
Long-term investments and receivables   0   
Long-term investments   0   
Intangible assets, net (including goodwill)2913343333293582820
Goodwill1932081951831862117
Intangible assets, net (excluding goodwill)9812613814717263
Other noncurrent assets30 2916211912
Other undisclosed noncurrent assets 25 15111312
Total noncurrent assets:535589582524571172139
TOTAL ASSETS:1,0621,0831,063993994470432
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1821601581501368686
Accounts payable1221069498964750
Employee-related liabilities61546449373635
Taxes payable   2321
Debt41131273133
Disposal group, including discontinued operation      0
Other liabilities104838672694443
Total current liabilities:290254275249237133133
Noncurrent Liabilities
Long-term debt and lease obligation, including:2632983083283463321
Operating lease, liability252930
Other undisclosed long-term debt and lease obligation2382692773283463321
Liabilities, other than long-term debt317832788954
Deferred revenue  4
Deferred tax liabilities, net465300
Deferred income tax liabilities2139 
Other liabilities113928323654
Other undisclosed noncurrent liabilities42478821242122
Total noncurrent liabilities:3364224274274595947
Total liabilities:627677702676696191180
Stockholders' equity
Stockholders' equity attributable to parent434405360314297279252
Common stock7777777
Additional paid in capital54554629154 
Accumulated other comprehensive loss(38)(20)(39)(37)(22)(50)(48)
Retained earnings411363346316297318294
Stockholders' equity attributable to noncontrolling interest11122  
Total stockholders' equity:435406361316298279252
TOTAL LIABILITIES AND EQUITY:1,0621,0831,063993994470432

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,0911,0011,1381,1241,003809812
Revenue, net1,003809812
Cost of revenue
(Cost of Goods and Services Sold)
(653)(593)(676)(678)(599)(457)(463)
Gross profit:438408462445404352349
Operating expenses(344)(344)(390)(387)(377)(283)(296)
Operating income:94647258276853
Nonoperating expense(1)(23)(18)(22)(28)(2)(3)
Investment income, nonoperating 333200
Foreign currency transaction loss, before tax(1)(5)(1)(1)(3)(0)(1)
Other nonoperating income (expense)(0)01(1)(2)(1)(1)
Interest and debt expense(19)(21)(21)(23)(6)(1)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes 212123611
Income (loss) from continuing operations before income taxes:74415436(1)6650
Income tax expense(9)(7)(8)(2)(5)(20)(18)
Net income (loss):65344634(6)4732
Net income (loss) attributable to noncontrolling interest  (0)(0)0  
Net income (loss) available to common stockholders, diluted:65344633(6)4732

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):65344634(6)4732
Other comprehensive income (loss)(18)18(1)(15)28(2)(10)
Comprehensive income:47524519214523
Comprehensive income (loss), net of tax, attributable to noncontrolling interest  (0)(0)0  
Comprehensive income, net of tax, attributable to parent:47524519214523

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.

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