AdvanSix Inc. (ASIX) financial statements (2020 and earlier)
Company profile
| Business Address |
300 KIMBALL DRIVE PARSIPPANY, NJ 07054 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 2821 - Plastics Materials, Synthetic Resins, and Nonvulcanizable Elastomers (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 10 | 10 | 55 | 14 | ||
| Cash and cash equivalents | 10 | 10 | 55 | 14 | ||
| Receivables | 109 | 160 | 196 | 132 | ||
| Inventory, net of allowances, customer advances and progress billings | 162 | 137 | 129 | 129 | ||
| Inventory | 162 | 137 | 129 | 129 | ||
| Other current assets | 8 | 4 | 7 | 8 | ||
| Total current assets: | 290 | 311 | 388 | 283 | ||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 136 | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 732 | 672 | 613 | 575 | ||
| Intangible assets, net (including goodwill) | 15 | 15 | 15 | 15 | ||
| Goodwill | 15 | 15 | 15 | 15 | ||
| Other noncurrent assets | 39 | 36 | 35 | 32 | ||
| Total noncurrent assets: | 922 | 724 | 663 | 622 | ||
| TOTAL ASSETS: | 1,212 | 1,035 | 1,050 | 905 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 249 | 262 | 263 | 248 | ||
| Accounts payable | 219 | 230 | 228 | 223 | ||
| Accrued liabilities | 30 | 30 | 35 | 25 | ||
| Taxes payable | 2 | 0 | ||||
| Deferred revenue | 2 | ✕ | ✕ | ✕ | ||
| Debt | 36 | 17 | ||||
| Deferred revenue and credits | ✕ | ✕ | 17 | 26 | ||
| Contract with customer, liability | ✕ | 23 | ✕ | ✕ | ||
| Total current liabilities: | 287 | 285 | 297 | 274 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 368 | 200 | 248 | 265 | ||
| Long-term debt, excluding current maturities | 266 | 200 | 248 | 265 | ||
| Finance lease, liability | 1 | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 101 | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 135 | 21 | 33 | 34 | ||
| Deferred income tax liabilities | 113 | ✕ | ✕ | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 23 | 21 | 33 | 34 | ||
| Other undisclosed noncurrent liabilities | 5 | 108 | 95 | 117 | ||
| Total noncurrent liabilities: | 508 | 330 | 377 | 416 | ||
| Total liabilities: | 795 | 614 | 674 | 690 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent | 417 | 420 | 376 | 215 | ||
| Common stock | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (0) | (0) | ||||
| Additional paid in capital | 189 | 235 | 263 | 243 | ||
| Accumulated other comprehensive loss | (4) | (2) | (9) | (3) | ||
| Retained earnings (accumulated deficit) | 231 | 188 | 122 | (25) | ||
| Total stockholders' equity: | 417 | 420 | 376 | 215 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,212 | 1,035 | 1,050 | 905 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|
| Revenues | 1,357 | 1,515 | 1,475 | 1,192 | |
| Revenue, net | ✕ | ✕ | 1,475 | 1,192 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,183) | (1,340) | (1,310) | (1,084) | |
| Other undisclosed gross profit | 61 | ||||
| Gross profit: | 174 | 174 | 226 | 108 | |
| Operating expenses | (85) | (81) | (88) | (66) | |
| Operating income: | 90 | 93 | 138 | 41 | |
| Nonoperating expense (Other Nonoperating expense) | (6) | (7) | (9) | (0) | |
| Interest and debt expense | (0) | ||||
| Income from continuing operations before equity method investments, income taxes: | 84 | 86 | 130 | 41 | |
| Other undisclosed income from continuing operations before income taxes | 0 | 15 | 12 | ||
| Income from continuing operations before income taxes: | 84 | 86 | 145 | 54 | |
| Income tax expense (benefit) | (20) | (20) | 2 | (20) | |
| Income before gain (loss) on sale of properties: | 64 | 66 | 147 | 34 | |
| Other undisclosed net loss | (0) | ||||
| Net income: | 64 | 66 | 147 | 34 | |
| Other undisclosed net income attributable to parent | 0 | ||||
| Net income available to common stockholders, diluted: | 64 | 66 | 147 | 34 | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|
| Net income: | 64 | 66 | 147 | 34 | |
| Other comprehensive income (loss) | 5 | 6 | (6) | 1 | |
| Comprehensive income: | 69 | 72 | 141 | 35 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 35 | ||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | 0 | (69) | ||
| Comprehensive income, net of tax, attributable to parent: | 69 | 73 | 141 | 1 | |
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.