Ballantyne Strong, Inc. (BTN) financial statements (2022 and earlier)

Company profile

Business Address 4201 CONGRESS STREET
CHARLOTTE, NC 28209
State of Incorp. DE
Fiscal Year End December 31
SIC 3861 - Photographic Equipment and Supplies (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,7314,4354,9516,6984,8707,596
Cash and cash equivalents8,7314,4354,9516,6984,8707,596
Receivables4,6315,55813,08814,12211,26116,988
Inventory, net of allowances, customer advances and progress billings3,2712,2642,8793,4904,8216,563
Inventory3,2712,2642,8793,4904,8216,563
Disposal group, including discontinued operation 3,748   188
Other current assets4,9921,4521,7541,6631,2901,746
Other undisclosed current assets150352351350  
Total current assets:21,77517,80923,02326,32322,24233,081
Noncurrent Assets
Finance lease, right-of-use asset 42,563
Operating lease, right-of-use asset3,9754,3045,581
Property, plant and equipment6,2265,52410,56015,17510,82611,695
Long-term investments and receivables7,2167,0679,69715,13220,86814,767
Long-term investments5,5497,0679,69711,16718,05313,098
Accounts and financing receivable, after allowance for credit loss1,667  3,9652,8151,669
Intangible assets, net (including goodwill)1,0111,2912,4532,6704,9242,738
Goodwill942938919875952889
Intangible assets, net (excluding goodwill)693531,5341,7953,9721,849
Regulated entity, other noncurrent assets  14   
Disposal group, including discontinued operation, noncurrent assets 6,372    
Other noncurrent assets222814233715474
Deferred tax assets, net  84
Other undisclosed noncurrent assets35,58413,1003,600   
Total noncurrent assets:54,03437,69034,61033,31436,77229,358
TOTAL ASSETS:75,80955,49957,63359,63759,01462,439
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,2394,8997,6897,5066,4969,380
Accounts payable4,2452,7173,2734,7243,4255,175
Accrued liabilities2,9942,1824,4162,7823,0714,097
Taxes payable     108
Debt3,0214,3144,0784,246804 
Disposal group, including discontinued operation 3,901   57
Customer advances and deposits 4,211
Other undisclosed current liabilities3,8693,0235,5382,4701,380 
Total current liabilities:14,12916,13717,30514,2228,68013,648
Noncurrent Liabilities
Long-term debt and lease obligation3,6914,90811,81610,4801,984 
Long-term debt, excluding current maturities105 3,01910,0531,870 
Finance lease, liability 1,0913,988
Capital lease obligations427114 
Operating lease, liability3,5863,8174,809
Liabilities, other than long-term debt5,7127,3882,7652,7703,2323,637
Deferred revenue and credits 1,226
Accounts payable and accrued liabilities   254319570
Deferred tax liabilities, net2,5162,8161,841
Deferred income tax liabilities5,5943,0992,649
Liability, pension and other postretirement and postemployment benefits    97 
Disposal group, including discontinued operation, liabilities 4,066    
Other liabilities118223116   
Other undisclosed noncurrent liabilities  381,167996 
Total noncurrent liabilities:9,40312,29614,61914,4176,2123,637
Total liabilities:23,53228,43331,92428,63914,89217,285
Stockholders' equity
Stockholders' equity attributable to parent, including:52,27727,06625,70930,99844,12245,154
Common stock213176174169169169
Treasury stock, value(18,586)(18,586)(18,586)(18,586)(18,586)(18,484)
Additional paid in capital50,80743,71342,58941,47440,56539,758
Accumulated other comprehensive loss(3,748)(3,891)(4,469)(5,503)(3,695)(5,573)
Retained earnings23,5915,6546,00113,31925,57029,187
Other undisclosed stockholders' equity attributable to parent   1259997
Total stockholders' equity:52,27727,06625,70930,99844,12245,154
TOTAL LIABILITIES AND EQUITY:75,80955,49957,63359,63759,01462,439

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues27,03021,50062,55064,68972,64676,254
Revenue, net72,64676,254
Cost of revenue
(Cost of Goods and Services Sold)
(18,820)(16,091)(44,077)(52,510)(53,712)(55,098)
Gross profit:8,2105,40918,47312,17918,93421,156
Operating expenses(11,348)(12,093)(22,473)(22,528)(21,748)(16,992)
Operating income (loss):(3,138)(6,684)(4,000)(10,349)(2,814)4,164
Nonoperating income (expense)12,1162,354(1,810)1,001682(393)
Foreign currency transaction gain (loss), before tax(67)(292)(265)333(304)(1,002)
Other nonoperating income (expense)1,8323,1082,132(35)(16)118
Interest and debt expense(292)(338)(327)(447)(153)(47)
Other undisclosed income from continuing operations before equity method investments, income taxes29233832744715347
Income (loss) from continuing operations before equity method investments, income taxes:8,978(4,330)(5,810)(9,348)(2,132)3,771
Income (loss) from equity method investments(2,371)(2,677)(2,011)(552)1,958117
Income (loss) from continuing operations before income taxes:6,607(7,007)(7,821)(9,900)(174)3,888
Income tax expense (benefit)(3,236)(1,258)(2,282)2,4273,4183,019
Net income (loss):3,371(8,265)(10,103)(7,473)3,2446,907
Other undisclosed net income (loss) attributable to parent14,5667,918 (4,854)(6,861)(7,315)
Net income (loss) available to common stockholders, diluted:17,937(347)(10,103)(12,327)(3,617)(408)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):3,371(8,265)(10,103)(7,473)3,2446,907
Other comprehensive income (loss)143578909(1,782)1,880679
Comprehensive income (loss):3,514(7,687)(9,194)(9,255)5,1247,586
Other undisclosed comprehensive income (loss), net of tax, attributable to parent14,5667,918 (4,854)(6,861)(7,315)
Comprehensive income (loss), net of tax, attributable to parent:18,080231(9,194)(14,109)(1,737)271

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: