Tor Minerals International Inc (TORM) financial statements (2021 and earlier)

Company profile

Business Address 722 BURLESON
CORPUS CHRISTI, TX 78402
State of Incorp. DE
Fiscal Year End December 31
SIC 281 - Industrial Inorganic Chemicals (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,6092,5502,8133,7253,7163,0823,381
Cash and cash equivalents3,6092,5502,8133,7253,7163,0823,381
Receivables4,3234,8724,7985,2663,5574,6064,863
Inventory, net of allowances, customer advances and progress billings9,13610,61911,3309,36111,77613,15311,204
Inventory9,13610,61911,3309,36111,77613,15311,204
Other current assets8481,3301,2891,062742906921
Total current assets:17,91619,37120,23019,41419,79121,74720,369
Noncurrent Assets
Property, plant and equipment18,38917,56917,44816,38815,90716,83717,288
Other noncurrent assets4444444
Other undisclosed noncurrent assets20 24 27844
Total noncurrent assets:18,41317,57317,47616,39215,93816,84917,336
TOTAL ASSETS:36,32936,94437,70635,80635,72938,59637,705
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,9043,7254,3813,6403,2583,8653,194
Accounts payable2,6721,7882,8511,6942,1222,4041,953
Accrued liabilities1,2321,9371,5301,9461,1361,4611,241
Debt1,0731,0741,1021,1021,142801,367
Other undisclosed current liabilities36   2062,014627
Total current liabilities:5,0134,7995,4834,7424,6065,9595,188
Noncurrent Liabilities
Long-term debt and lease obligation2,4432,5252,6142,6082,7253,0843,212
Long-term debt, excluding current maturities2,3782,5252,6142,6082,7253,0843,212
Capital lease obligations65      
Other undisclosed noncurrent liabilities216912085127192169
Total noncurrent liabilities:2,4642,5942,7342,6932,8523,2763,381
Total liabilities:7,4777,3938,2177,4357,4589,2358,569
Stockholders' equity
Stockholders' equity attributable to parent, including:28,85229,55129,48928,37128,27129,36129,136
Additional paid in capital30,67530,66030,65630,59030,54430,50230,458
Accumulated other comprehensive loss(292)(605)(992)(1,692)(1,878)(926)(816)
Accumulated deficit(5,957)(4,930)(4,601)(4,953)(4,821)(4,643)(4,934)
Other undisclosed stockholders' equity attributable to parent4,4264,4264,4264,4264,4264,4284,428
Total stockholders' equity:28,85229,55129,48928,37128,27129,36129,136
TOTAL LIABILITIES AND EQUITY:36,32936,94437,70635,80635,72938,59637,705

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

12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
Revenues
(Revenue, Net)
8,0529,48710,73110,6968,99810,0369,850
Cost of revenue
(Cost of Goods and Services Sold)
(8,019)(8,771)(9,053)(9,569)(7,982)(8,452)(8,680)
Gross profit:337161,6781,1271,0161,5841,170
Operating expenses(1,250)(1,136)(1,259)(1,236)(1,234)(1,128)(1,114)
Other undisclosed operating loss(15)      
Operating income (loss):(1,232)(420)419(109)(218)45656
Nonoperating expense(38)(4)(5)(61)(18)(23)(21)
Foreign currency transaction gain (loss), before tax(24)2110(33)92010
Other nonoperating income12314110 16
Interest and debt expense(26)(28)(29)(29)(37)(43)(47)
Income (loss) from continuing operations before equity method investments, income taxes:(1,296)(452)385(199)(273)390(12)
Other undisclosed income from continuing operations before income taxes26282929374347
Income (loss) from continuing operations before income taxes:(1,270)(424)414(170)(236)43335
Income tax expense (benefit)24395(62)3858(142)52
Net income (loss) available to common stockholders, basic:(1,027)(329)352(132)(178)29187
Dilutive securities, effect on basic earnings per share      57
Net income (loss) available to common stockholders, diluted:(1,027)(329)352(132)(178)291144

Comprehensive Income ($ in thousands)

12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
Net income (loss):(1,027)(329)352(132)(178)29187
Comprehensive income (loss):(1,027)(329)352(132)(178)29187
Other undisclosed comprehensive income (loss), net of tax, attributable to parent313387700186(952)(110)(338)
Comprehensive income (loss), net of tax, attributable to parent:(714)581,05254(1,130)181(251)

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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