Universal Corporation (UVV) financial statements (2021 and earlier)
Company profile
| Business Address |
9201 FOREST HILL AVENUE RICHMOND, VA 23235 |
| State of Incorp. | VA |
| Fiscal Year End | March 31 |
| SIC | 515 - Farm-product Raw Materials (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 Q3 | 9/30/2020 Q2 | 6/30/2020 Q1 | 3/31/2020 Q4 | 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 95 | 57 | 100 | 107 | 65 | 53 | 168 | ||
| Cash and cash equivalents | 95 | 57 | 100 | 107 | 65 | 53 | 168 | ||
| Receivables | 361 | 377 | 255 | 352 | 297 | 421 | 281 | ||
| Prepaid expense | 18 | 21 | 13 | 12 | 14 | 13 | 21 | ||
| Advances on inventory purchases | 103 | 66 | 65 | 134 | 120 | 76 | 80 | ||
| Other current assets | 69 | 70 | 66 | 67 | 61 | 70 | 76 | ||
| Other undisclosed current assets | 959 | 1,005 | 963 | 807 | 1,022 | 1,016 | 976 | ||
| Total current assets: | 1,605 | 1,595 | 1,463 | 1,480 | 1,579 | 1,650 | 1,602 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 35 | 36 | 38 | 39 | 34 | 35 | 34 | ||
| Property, plant and equipment | 332 | 321 | 316 | 315 | 295 | 295 | 299 | ||
| Long-term investments and receivables | 86 | 83 | 79 | 78 | 78 | 79 | 81 | ||
| Long-term investments | 86 | 83 | 79 | 78 | 78 | 79 | 81 | ||
| Intangible assets, net (including goodwill), including: | 255 | 143 | 144 | 145 | 98 | 98 | 98 | ||
| Goodwill | 181 | 127 | 127 | 127 | |||||
| Intangible assets, net (excluding goodwill) | 75 | 16 | 17 | 18 | |||||
| Other undisclosed intangible assets, net (including goodwill) | 98 | 98 | 98 | ||||||
| Deferred income tax assets | 22 | 23 | 23 | 21 | |||||
| Other noncurrent assets | 54 | 42 | 45 | 44 | 50 | 45 | 47 | ||
| Other undisclosed noncurrent assets | 16 | 16 | 16 | ||||||
| Total noncurrent assets: | 784 | 648 | 644 | 641 | 572 | 569 | 576 | ||
| TOTAL ASSETS: | 2,389 | 2,242 | 2,107 | 2,121 | 2,151 | 2,218 | 2,178 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 156 | 133 | 134 | 140 | 130 | 159 | 179 | ||
| Employee-related liabilities | 23 | 19 | 16 | 24 | 22 | 22 | 23 | ||
| Taxes payable | 7 | 3 | 2 | 5 | 2 | 1 | 2 | ||
| Other undisclosed accounts payable and accrued liabilities | 127 | 111 | 115 | 111 | 106 | 136 | 155 | ||
| Deferred revenue | 14 | 8 | 11 | 10 | |||||
| Debt | 130 | 235 | 93 | 88 | 101 | 164 | 83 | ||
| Due to related parties | 7 | 0 | 0 | 7 | 0 | 0 | |||
| Business combination, contingent consideration, liability | 4 | 25 | |||||||
| Other undisclosed current liabilities | 38 | 32 | 29 | 25 | 7 | 30 | 29 | ||
| Total current liabilities: | 346 | 408 | 266 | 267 | 271 | 352 | 291 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 541 | 392 | 393 | 395 | 392 | 392 | 392 | ||
| Long-term debt, excluding current maturities | 518 | 369 | 369 | 369 | 369 | 369 | 369 | ||
| Operating lease, liability | 23 | 23 | 24 | 26 | 23 | 23 | 23 | ||
| Liabilities, other than long-term debt | 185 | 164 | 170 | 170 | 106 | 110 | 112 | ||
| Deferred income tax liabilities | 46 | 26 | 24 | 29 | |||||
| Liability, pension and other postretirement and postemployment benefits | 67 | 65 | 70 | 71 | 55 | 54 | 59 | ||
| Other liabilities | 71 | 73 | 75 | 69 | 51 | 56 | 52 | ||
| Other undisclosed noncurrent liabilities | 28 | 25 | 31 | ||||||
| Total noncurrent liabilities: | 725 | 555 | 563 | 564 | 527 | 527 | 535 | ||
| Total liabilities: | 1,072 | 963 | 829 | 832 | 798 | 880 | 826 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1,271 | 1,240 | 1,236 | 1,247 | 1,310 | 1,299 | 1,310 | ||
| Common stock | 325 | 324 | 322 | 322 | 324 | 325 | 326 | ||
| Accumulated other comprehensive loss | (122) | (138) | (151) | (152) | (104) | (115) | (100) | ||
| Retained earnings | 1,067 | 1,053 | 1,065 | 1,077 | 1,090 | 1,089 | 1,085 | ||
| Stockholders' equity attributable to noncontrolling interest | 46 | 39 | 42 | 43 | 43 | 40 | 42 | ||
| Total stockholders' equity: | 1,317 | 1,279 | 1,278 | 1,289 | 1,353 | 1,339 | 1,352 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,389 | 2,242 | 2,107 | 2,121 | 2,151 | 2,218 | 2,178 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 Q3 | 9/30/2020 Q2 | 6/30/2020 Q1 | 3/31/2020 Q4 | 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenues, Excluding Interest and Dividends) | 673 | 377 | 316 | 355 | 505 | 476 | 297 | |
| Cost of revenue (Cost of Goods and Services Sold) | (533) | (308) | (262) | (285) | (412) | (380) | (238) | |
| Gross profit: | 140 | 69 | 54 | 70 | 93 | 96 | 59 | |
| Operating expenses | (79) | (52) | (49) | (36) | (49) | (53) | (51) | |
| Other operating income, net (Other Nonrecurring (Income) Expense) | 4 | |||||||
| Other undisclosed operating loss | (8) | |||||||
| Operating income: | 60 | 16 | 9 | 26 | 44 | 43 | 8 | |
| Nonoperating income (expense) | 0 | 0 | 5 | (18) | 1 | 1 | 2 | |
| Investment income, nonoperating | 0 | 0 | 0 | 1 | 0 | 0 | 1 | |
| Foreign currency transaction gain (loss), before tax | 5 | (19) | ||||||
| Other nonoperating income (expense) | 0 | (0) | (0) | 0 | 1 | 1 | 1 | |
| Interest and debt expense | (7) | (6) | (7) | (7) | (5) | (5) | (4) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 24 | |||||||
| Income from continuing operations before income taxes: | 53 | 11 | 7 | 25 | 40 | 39 | 5 | |
| Income tax expense (benefit) | (15) | (3) | 5 | (18) | (10) | (11) | (4) | |
| Income before gain (loss) on sale of properties: | 39 | 8 | 12 | 7 | 29 | 27 | 1 | |
| Other undisclosed net income (loss) | 2 | 1 | (5) | (5) | (0) | 2 | 0 | |
| Net income: | 40 | 8 | 7 | 2 | 29 | 30 | 1 | |
| Net income (loss) attributable to noncontrolling interest | (7) | (1) | 0 | (3) | (3) | (2) | 1 | |
| Net income (loss) available to common stockholders, diluted: | 33 | 8 | 7 | (1) | 26 | 28 | 2 | |
Comprehensive Income ($ in millions)
| 12/31/2020 Q3 | 9/30/2020 Q2 | 6/30/2020 Q1 | 3/31/2020 Q4 | 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 40 | 8 | 7 | 2 | 29 | 30 | 1 | |
| Other comprehensive income (loss) | 15 | 14 | 0 | (41) | 11 | (15) | (4) | |
| Other undisclosed comprehensive income | 5 | |||||||
| Comprehensive income (loss): | 56 | 22 | 7 | (34) | 40 | 15 | (3) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (7) | (1) | 1 | (2) | (3) | (2) | 1 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 49 | 21 | 8 | (36) | 37 | 13 | (2) | |
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.