American Superconductor Corporation (AMSC) financial statements (2020 and earlier)

Company profile

Business Address SIXTY FOUR JACKSON ROAD
DEVENS, MA 01434
State of Incorp. DE
Fiscal Year End March 31
SIC 3621 - Motors and Generators (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments50773427392043
Cash and cash equivalents25773427392043
Short-term investments25      
Restricted cash and investments   103 
Receivables161110819108
Inventory, net of allowances, customer advances and progress billings19122017192121
Inventory19122017192121
Other undisclosed current assets433361112
Total current assets:891036756836583
Noncurrent Assets
Operating lease, right-of-use asset3
Property, plant and equipment991343505665
Long-term investments and receivables10 3    
Long-term investments10      
Accounts and financing receivable, after allowance for credit loss  3    
Intangible assets, net (including goodwill)4550112
Goodwill222    
Intangible assets, net (excluding goodwill)3330112
Restricted cash and investments6100113
Deferred income tax assets1
Other noncurrent assets0000038
Other undisclosed noncurrent assets 110088
Total noncurrent assets:34162145526985
TOTAL ASSETS:12311988100135134169
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:19161314232222
Accounts payable7333672
Accrued liabilities434577 
Employee-related liabilities4545866
Taxes payable1311100
Other undisclosed accounts payable and accrued liabilities21102214
Deferred revenue15
Debt0  1346
Derivative instruments and hedges, liabilities 512333
Deferred revenue and credits131412119
Deferred tax liabilities     8
Contract with customer, liability8
Other undisclosed current liabilities     8 
Total current liabilities:35282732414748
Noncurrent Liabilities
Long-term debt and lease obligation3   146
Long-term debt, excluding current maturities    146
Operating lease, liability3
Liabilities, other than long-term debt8898932
Deferred revenue and credits98931
Deferred revenue8
Contract with customer, liability8
Deferred income tax liabilities0
Other liabilities0000001
Other undisclosed noncurrent liabilities 2000  
Total noncurrent liabilities:1110981178
Total liabilities:46383640525456
Stockholders' equity
Stockholders' equity attributable to parent778152608480112
Common stock0000001
Treasury stock, value(3)(2)(2)(1)(1)(1)(0)
Additional paid in capital1,0531,0451,0411,0181,012986966
Accumulated other comprehensive income (loss)(0)(0)1(1)1(0)2
Accumulated deficit(973)(962)(988)(956)(928)(905)(856)
Total stockholders' equity:778152608480112
TOTAL LIABILITIES AND EQUITY:12311988100135134169

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

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Revenues465648196714
Revenue, net4875967184
Financial services revenue 0   
Cost of revenue(51)(42)(45)(64)(74)(67)(73)
Other undisclosed gross profit14  74   
Gross profit:1014411223(69)
Operating expenses(33)20(34)(38)(42)(65)(126)
Other undisclosed operating income (loss)0 (2)(0)(0)9153
Operating income (loss):(23)34(32)(28)(20)(53)(41)
Nonoperating income (expense)12(3)0(2)4(1)
Investment income, nonoperating 0   (1) 
Foreign currency transaction gain (loss), before tax     3(0)
Other nonoperating income (expense)12(3)0(2)2(1)
Interest and debt expense    (1)(2)(15)
Other undisclosed income from continuing operations before equity method investments, income taxes     22
Income (loss) from continuing operations before equity method investments, income taxes:(23)36(35)(27)(24)(49)(55)
Other undisclosed income (loss) from continuing operations before income taxes5(3)213  
Income (loss) from continuing operations before income taxes:(18)33(33)(26)(21)(49)(55)
Income tax expense (benefit)(2)(6)0(1)(2)0(1)
Net income (loss) available to common stockholders, basic:(20)27(33)(27)(23)(49)(56)
Other undisclosed net loss available to common stockholders, diluted(2)      
Net income (loss) available to common stockholders, diluted:(21)27(33)(27)(23)(49)(56)

Comprehensive Income ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Net income (loss):(20)27(33)(27)(23)(49)(56)
Other comprehensive income (loss)  1(1)1(2)1
Comprehensive income (loss):(20)27(31)(29)(22)(51)(56)
Other undisclosed comprehensive loss, net of tax, attributable to parent(0)(1)     
Comprehensive income (loss), net of tax, attributable to parent:(20)26(31)(29)(22)(51)(56)

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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