CECO Environmental Corp. (CECE) financial statements (2021 and earlier)

Company profile

Business Address 14651 NORTH DALLAS PARKWAY
DALLAS, TX 75254
State of Incorp. DE
Fiscal Year End December 31
SIC 3564 - Industrial and Commercial Fans and Blowers and Air Purification Equipment (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 investments36364430463419
Cash and cash equivalents36364430463419
Restricted cash and investments211    
Receivables636853688398102
Inventory, net of allowances, customer advances and progress billings17212121213323
Inventory17212121213323
Prepaid expense8 12254
Contract with customer, asset453530
Disposal group, including discontinued operation0118824
Costs in excess of billings34384324
Deferred tax assets    1
Other current assets      9
Other undisclosed current assets121810111514(44)
Total current assets:183179161174213228143
Noncurrent Assets
Finance lease, right-of-use asset3 
Operating lease, right-of-use asset1114
Property, plant and equipment16152223274519
Intangible assets, net (including goodwill)204198206237253321246
Goodwill162152152167170220168
Intangible assets, net (excluding goodwill)434654708310178
Deferred costs      4
Deferred tax assets, net    3
Other undisclosed noncurrent assets133554 
Total noncurrent assets:236229232265286370271
TOTAL ASSETS:419409393439499599414
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:85788071969951
Accounts payable56495245596232
Accrued liabilities453415148
Employee-related liabilities5685883
Taxes payable1 2 220
Interest and dividends payable     00
Other undisclosed accounts payable and accrued liabilities1919151612138
Deferred revenue2134
Debt332129199
Business combination, contingent consideration, liability      9
Billings in excess of cost20352815
Deferred tax liabilities    2
Contract with customer, liability20
Other undisclosed current liabilities1 1562(10)
Total current liabilities:10911510410814614875
Noncurrent Liabilities
Long-term debt and lease obligation797474104114158104
Long-term debt, excluding current maturities696374104114158104
Operating lease, liability911
Liabilities, other than long-term debt28203641484854
Deferred tax liabilities, net910131826
Deferred income tax liabilities7 
Other liabilities21202730353028
Other undisclosed noncurrent liabilities 6     
Total noncurrent liabilities:106100110144162206158
Total liabilities:216216214252309354233
Stockholders' equity
Stockholders' equity attributable to parent203193179187190239181
Common stock0000000
Treasury stock, value(0)(0)(0)(0)(0)(0)(0)
Additional paid in capital255254251248245243169
Accumulated other comprehensive loss(14)(15)(13)(9)(13)(10)(7)
Retained earnings (accumulated deficit)(38)(46)(59)(53)(42)519
Stockholders' equity attributable to noncontrolling interest1    6 
Total stockholders' equity:204193179187190245181
TOTAL LIABILITIES AND EQUITY:419409393439499599414

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
Revenues316342337345417367263
Revenue, net345417367263
Cost of revenue(211)(228)(226)(232)(282)(258)(179)
Cost of goods and services sold(211)(228)(226)(232)(282)(258)(178)
Other undisclosed gross profit      0
Gross profit:10511411211313510985
Operating expenses(89)(96)(102)(105)(160)(104)(63)
Other undisclosed operating income (loss)(2)     0
Operating income (loss):1318108(26)522
Nonoperating income (expense)21(0)00(2)(5)
Foreign currency transaction loss, before tax      (2)
Other nonoperating income (expense)21(0)00(2)(2)
Interest and debt expense(4)(5)(7)(7)(8)(6)(3)
Other undisclosed income from continuing operations before equity method investments, income taxes      2
Income (loss) from continuing operations before income taxes:121321(33)(3)16
Income tax expense (benefit)(4)4(10)(4)(5)(3)(3)
Net income (loss):818(7)(3)(38)(6)13
Net income attributable to noncontrolling interest0   00 
Net income (loss) available to common stockholders, diluted:818(7)(3)(38)(6)13

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):818(7)(3)(38)(6)13
Other comprehensive income (loss)100(0)003
Other undisclosed comprehensive income (loss)(1)(1)(4)4(4)(3) 
Comprehensive income (loss):817(11)1(42)(9)16
Comprehensive income, net of tax, attributable to noncontrolling interest0   00 
Other undisclosed comprehensive loss, net of tax, attributable to parent      (9)
Comprehensive income (loss), net of tax, attributable to parent:817(11)1(42)(9)7

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: