TriMas Corporation (TRS) financial statements (2021 and earlier)

Company profile

Business Address 38505 WOODWARD AVENUE
BLOOMFIELD HILLS, MI 48304
State of Incorp. DE
Fiscal Year End December 31
SIC 346 - Metal Forgings And Stampings (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7417210828211924
Cash and cash equivalents7417210828211924
Receivables113109123112112122196
Inventory, net of allowances, customer advances and progress billings149133173155160167295
Inventory149133173155160167295
Other undisclosed current assets1520716161843
Total current assets:352434412311309327559
Noncurrent Assets
Operating lease, right-of-use asset3828
Property, plant and equipment253214188190179181233
Intangible assets, net (including goodwill)510496491514529653831
Goodwill304335317319315379467
Intangible assets, net (excluding goodwill)206161175194214274364
Regulated entity, other noncurrent assets      7
Deferred income tax assets20 
Other noncurrent assets212099351040
Deferred tax assets, net19   
Other undisclosed noncurrent assets 1    (7)
Total noncurrent assets:8427596897227438441,103
TOTAL ASSETS:1,1941,1931,1011,0331,0521,1701,662
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities130115142122119139308
Accounts payable707393727288185
Accrued liabilities614248494750101
Employee-related liabilities      22
Debt 5  141424
Other undisclosed current liabilities7     (22)
Total current liabilities:137120142122133153310
Noncurrent Liabilities
Long-term debt and lease obligation, including:346295294303361406615
Operating lease, liability3223
Other undisclosed long-term debt and lease obligation315272294303361406615
Liabilities, other than long-term debt954145645865146
Deferred tax liabilities, net6661155
Deferred income tax liabilities25 
Other liabilities70413959525390
Other undisclosed noncurrent liabilities3240     
Total noncurrent liabilities:472375338367419470761
Total liabilities:6104954804895526231,071
Stockholders' equity
Stockholders' equity attributable to parent584697620544500547591
Common stock0000000
Additional paid in capital749783817824818812807
Accumulated other comprehensive income (loss)(6)(6)(17)(17)(24)(11)10
Accumulated deficit(160)(80)(180)(263)(294)(254)(227)
Total stockholders' equity:584697620544500547591
TOTAL LIABILITIES AND EQUITY:1,1941,1931,1011,0331,0521,1701,662

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues7707248778187948641,499
Revenue, net8187948641,499
Cost of revenue
(Cost of Goods and Services Sold)
(588)(530)(633)(599)(584)(628)(1,114)
Gross profit:182194244219210236385
Operating expenses(269)(103)(122)(130)(253)(238)(277)
Other undisclosed operating income (loss)(1)(0)(0)(1)(2)(2)17
Operating income (loss):(88)9112288(44)(4)125
Nonoperating expense(14)(13)(16)(22)(14)(18)(25)
Other nonoperating income (expense)01(2)(1)(1)(2)(7)
Interest and debt expense(15)(14)(14)(7)(14)(2)(18)
Other undisclosed income from continuing operations before equity method investments, income taxes151414714218
Income (loss) from continuing operations before income taxes:(103)7810666(58)(22)100
Income tax expense (benefit)23(16)(23)(35)18(7)(33)
Income (loss) from continuing operations:(80)628331(40)(29)67
Income (loss) from discontinued operations     (5)3
Net income (loss):(80)628331(40)(33)69
Net loss attributable to noncontrolling interest      (1)
Other undisclosed net income attributable to parent 37     
Net income (loss) available to common stockholders, diluted:(80)998331(40)(33)68

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(80)628331(40)(33)69
Other comprehensive income (loss)01207(13)(13)(18)
Comprehensive income (loss):(79)748438(53)(47)52
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 37    (1)
Comprehensive income (loss), net of tax, attributable to parent:(79)1118438(53)(47)51

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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