Castle A M & Co (CTAM) financial statements (2020 and earlier)
Company profile
| Business Address |
1420 KENSINGTON ROAD OAK BROOK, IL 60523 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| SIC | 5051 - Metals Service Centers and Offices (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 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7 | 9 | 11 | 36 | 11 | 8 | 31 | ||
| Cash and cash equivalents | 7 | 9 | 11 | 36 | 11 | 8 | 31 | ||
| Receivables | 90 | 81 | 76 | 65 | 90 | 134 | 129 | ||
| Inventory, net of allowances, customer advances and progress billings | 150 | 161 | 154 | 147 | 235 | 237 | 215 | ||
| Inventory | 150 | 161 | 154 | 147 | 235 | 237 | 215 | ||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 3 | ||
| Deferred tax assets | ✕ | 1 | 3 | ||||||
| Other undisclosed current assets | 8 | 14 | 12 | 10 | 12 | 9 | 10 | ||
| Total current assets: | 255 | 265 | 254 | 257 | 348 | 389 | 391 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 30 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 49 | 53 | 57 | 50 | 71 | 73 | 77 | ||
| Long-term investments and receivables | 36 | 37 | 42 | ||||||
| Long-term investments | 36 | 37 | 42 | ||||||
| Intangible assets, net (including goodwill), including: | 8 | 8 | 8 | 4 | 23 | 70 | 139 | ||
| Goodwill | 3 | 13 | 13 | 69 | |||||
| Intangible assets, net (excluding goodwill) | 4 | 10 | 57 | 69 | |||||
| Other undisclosed intangible assets, net (including goodwill) | 6 | 8 | 8 | ✕ | |||||
| Regulated entity, other noncurrent assets | 0 | ||||||||
| Deferred income tax assets | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 0 | 1 | 1 | 9 | 10 | 12 | 15 | ||
| Prepaid pension costs | ✕ | ✕ | 11 | 9 | 8 | 7 | 17 | ||
| Deferred tax assets, net | ✕ | 0 | |||||||
| Other undisclosed noncurrent assets | 2 | 3 | 1 | 0 | |||||
| Total noncurrent assets: | 92 | 66 | 78 | 72 | 149 | 199 | 289 | ||
| TOTAL ASSETS: | 347 | 330 | 332 | 329 | 498 | 588 | 680 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 62 | 61 | 56 | 53 | 85 | 97 | 101 | ||
| Accounts payable | 48 | 43 | 42 | 33 | 56 | 69 | 70 | ||
| Accrued liabilities | 13 | 5 | 6 | 10 | 17 | 18 | 20 | ||
| Employee-related liabilities | 11 | 8 | 9 | 11 | 9 | 10 | |||
| Taxes payable | 1 | 2 | 0 | 0 | 0 | 0 | 1 | ||
| Debt | 11 | 6 | 6 | 0 | 7 | 1 | 0 | ||
| Restructuring reserve | 1 | ✕ | |||||||
| Other liabilities | 29 | 28 | 31 | ||||||
| Other undisclosed current liabilities | 0 | (29) | (29) | (31) | |||||
| Total current liabilities: | 73 | 67 | 62 | 53 | 92 | 98 | 101 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 262 | 246 | 200 | 286 | 315 | 309 | 246 | ||
| Long-term debt, excluding current maturities | 262 | 246 | 200 | 286 | 315 | 309 | 246 | ||
| Finance lease, liability | 8 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Capital lease obligations | ✕ | 0 | 0 | ||||||
| Operating lease, liability | 23 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | (32) | (0) | (0) | ||||||
| Liabilities, other than long-term debt | 16 | 17 | 26 | 12 | 31 | 12 | 16 | ||
| Deferred tax liabilities, net | ✕ | 8 | 16 | 4 | 8 | 11 | |||
| Deferred income tax liabilities | 7 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 6 | 6 | 6 | 6 | 19 | ✕ | |||
| Restructuring reserve | 0 | ||||||||
| Other liabilities | 3 | 3 | 4 | 6 | 8 | 4 | 6 | ||
| Total noncurrent liabilities: | 278 | 263 | 226 | 299 | 346 | 321 | 262 | ||
| Total liabilities: | 351 | 330 | 288 | 352 | 437 | 419 | 363 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (35) | (9) | 34 | (35) | 47 | 150 | 310 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (0) | (1) | (1) | (1) | (1) | ||||
| Additional paid in capital | 60 | 55 | 50 | 245 | 227 | 226 | 224 | ||
| Accumulated other comprehensive loss | (16) | (14) | (3) | (26) | (34) | (46) | (19) | ||
| Retained earnings (accumulated deficit) | (79) | (50) | (13) | (253) | (145) | (29) | 105 | ||
| Total stockholders' equity: | (35) | (9) | 34 | (35) | 47 | 150 | 310 | ||
| Other undisclosed liabilities and equity | 32 | 10 | 10 | 12 | 13 | 19 | 7 | ||
| TOTAL LIABILITIES AND EQUITY: | 347 | 330 | 332 | 329 | 498 | 588 | 680 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 571 | 582 | 533 | 771 | 980 | 1,053 | ||
| Revenue, net | ✕ | ✕ | 533 | 771 | 980 | 1,053 | ||
| Cost of revenue | (517) | (529) | (510) | (831) | (782) | (814) | ||
| Cost of goods and services sold | (19) | (27) | (448) | (757) | (782) | (814) | ||
| Gross profit: | 54 | 53 | 24 | (60) | 198 | 239 | ||
| Operating expenses | (69) | (69) | (94) | (121) | (160) | (124) | ||
| Other undisclosed operating loss | (137) | (130) | ||||||
| Operating loss: | (15) | (17) | (70) | (182) | (99) | (16) | ||
| Nonoperating income (expense) | 6 | 8 | (8) | (6) | (8) | (2) | ||
| Foreign currency transaction loss, before tax | (4) | |||||||
| Other nonoperating income (expense) | 6 | 8 | (8) | (6) | (4) | (2) | ||
| Interest and debt expense | (39) | (33) | (45) | (3) | ||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 10 | (42) | (37) | (41) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (48) | (42) | (112) | (230) | (144) | (61) | ||
| Income (loss) from equity method investments | (4) | (1) | 8 | 7 | ||||
| Loss from continuing operations before income taxes: | (48) | (42) | (117) | (231) | (136) | (54) | ||
| Income tax benefit | 2 | 5 | 3 | 22 | 1 | 20 | ||
| Loss from continuing operations: | (45) | (37) | (114) | (210) | (135) | (34) | ||
| Income from discontinued operations | 6 | |||||||
| Net loss available to common stockholders, diluted: | (45) | (37) | (108) | (210) | (135) | (34) | ||
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (45) | (37) | (108) | (210) | (135) | (34) | ||
| Other comprehensive income (loss) | (10) | (12) | 2 | 4 | 2 | |||
| Comprehensive loss: | (55) | (49) | (106) | (206) | (133) | (34) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (0) | 6 | (1) | (28) | 2 | |||
| Comprehensive loss, net of tax, attributable to parent: | (56) | (49) | (100) | (206) | (162) | (32) | ||
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.