Century Aluminum Company (CENX) financial statements (2023 and earlier)

Company profile

Business Address 1 SOUTH WACKER DRIVE
CHICAGO, IL 60606
State of Incorp. DE
Fiscal Year End December 31
SIC 3334 - Primary Production of Aluminum (benchmarking)
More info Complete financial analysis Financial benchmarking

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

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 investments29823939167132
Cash and cash equivalents29823939167132
Receivables89611001055329
Inventory, net of allowances, customer advances and progress billings426291321344317234
Inventory426291321344317234
Derivative instruments and hedges, assets35615   
Assets held-for-sale, not part of disposal group     22
Other undisclosed current assets401613191623
Total current assets:618456487507554441
Noncurrent Assets
Operating lease, right-of-use asset  25
Property, plant and equipment8938809499679721,026
Long-term investments and receivables 21   
Due from related parties 21   
Other noncurrent assets596263645673
Other undisclosed noncurrent assets  (25)   
Total noncurrent assets:9529441,0121,0311,0281,100
TOTAL ASSETS:1,5701,4001,5001,5381,5821,540
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities258191173183162156
Accounts payable187106971199095
Accrued liabilities635966536150
Employee-related liabilities91010111111
Interest and dividends payable 15    
Debt  3   
Derivative instruments and hedges, liabilities102     
Due to related parties664233102015
Other undisclosed current liabilities1218253188
Total current liabilities:547240234224191179
Noncurrent Liabilities
Long-term debt and lease obligation353267272249248248
Long-term debt, excluding current maturities330243249249248248
Operating lease, liability232423
Liabilities, other than long-term debt249301319302313357
Deferred tax liabilities, net104103109
Deferred income tax liabilities598995
Liability, pension and other postretirement and postemployment benefits122167162152152176
Due to related parties22020   
Other liabilities464542465872
Other undisclosed noncurrent liabilities 45    
Total noncurrent liabilities:602613591551561605
Total liabilities:1,149854825775752784
Stockholders' equity
Stockholders' equity attributable to parent421546675762830757
Preferred stock    00
Common stock111111
Treasury stock, value(86)(86)(86)(86)(86)(86)
Additional paid in capital2,5362,5302,5272,5232,5172,515
Accumulated other comprehensive loss(82)(119)(110)(99)(92)(114)
Accumulated deficit(1,947)(1,780)(1,656)(1,577)(1,511)(1,559)
Total stockholders' equity:421546675762830757
TOTAL LIABILITIES AND EQUITY:1,5701,4001,5001,5381,5821,540

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues2,2131,6051,8371,8931,5891,319
Revenue, net1,5891,319
Revenue from related parties1,3371,0261,1921,205
Other operating income876580645689  
Cost of revenue
(Cost of Goods and Services Sold)
(2,088)(1,642)(1,861)(1,916)(1,460)(1,330)
Gross profit:124(37)(24)(23)129(11)
Operating expenses(58)(44)(47)(40)(45)(67)
Other operating expense, net(1)(1)(1)(0)(2)(4)
Other undisclosed operating income (loss)   513(152)
Operating income (loss):66(81)(72)(59)94(234)
Nonoperating income (expense)(209)(14)119(18)5
Investment income, nonoperating(212)(17)126(17)3
Other nonoperating income (expense)34(1)3(1)1
Interest and debt expense(55)(33)(23)(22)(22)(22)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 1(1)211
Income (loss) from continuing operations before equity method investments, income taxes:(198)(126)(86)(71)55(251)
Income (loss) from equity method investments(0)(0)1411
Other undisclosed income from continuing operations before income taxes1     
Income (loss) from continuing operations before income taxes:(198)(126)(85)(66)56(250)
Income tax expense (benefit)31380(8)(3)
Net income (loss):(167)(123)(77)(66)49(252)
Other undisclosed net loss attributable to parent(0) (4)   
Net income (loss) attributable to parent:(167)(123)(81)(66)49(252)
Other undisclosed net loss available to common stockholders, basic    (4) 
Net income (loss) available to common stockholders, diluted:(167)(123)(81)(66)45(252)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):(167)(123)(77)(66)49(252)
Other comprehensive income (loss)37(9)(10)(7)22(1)
Other undisclosed comprehensive loss  (4)   
Comprehensive income (loss):(131)(132)(91)(73)71(254)
Other undisclosed comprehensive loss, net of tax, attributable to parent(0)     
Comprehensive income (loss), net of tax, attributable to parent:(131)(132)(91)(73)71(254)

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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