Covia Holdings Corporation (CVIA) financial statements (2021 and earlier)

Company profile

Business Address 3 SUMMIT PARK DRIVE
INDEPENDENCE, OH 44131
State of Incorp. DE
Fiscal Year End December 31
SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2020
TTM
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 319134
Cash and cash equivalents 319134
Receivables 215308
Inventory, net of allowances, customer advances and progress billings 122163
Inventory 122163
Other undisclosed current assets 2121
Total current assets: 677626
Noncurrent Assets
Finance lease, right-of-use asset 11
Operating lease, right-of-use asset 158
Property, plant and equipment 1,4202,834
Intangible assets, net (including goodwill) 153269
Goodwill 120132
Intangible assets, net (excluding goodwill) 34137
Other noncurrent assets 2419
Deferred tax assets, net9
Other undisclosed noncurrent assets 3 
Total noncurrent assets: 1,7693,131
TOTAL ASSETS: 2,4473,756
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 224275
Accounts payable 97145
Accrued liabilities 127130
Deferred revenue 8
Debt 6715
Due to related parties 1 
Other undisclosed current liabilities 14 
Total current liabilities: 314291
Noncurrent Liabilities
Long-term debt and lease obligation, including: 1,5581,613
Long-term debt, excluding current maturities 1,5391,613
Other undisclosed long-term debt and lease obligation 19 
Liabilities, other than long-term debt 149398
Deferred revenue 5
Deferred tax liabilities, net267
Liability, pension and other postretirement and postemployment benefits 6655
Other liabilities 7775
Other undisclosed noncurrent liabilities 248 
Total noncurrent liabilities: 1,9552,010
Total liabilities: 2,2692,301
Stockholders' equity
Stockholders' equity attributable to parent 1761,454
Common stock 22
Treasury stock, value (478)(488)
Additional paid in capital 400388
Accumulated other comprehensive loss (105)(95)
Retained earnings 3581,648
Stockholders' equity attributable to noncontrolling interest 11
Total stockholders' equity: 1771,455
TOTAL LIABILITIES AND EQUITY: 2,4473,756

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

9/30/2020
TTM
12/31/2019
12/31/2018
Revenues 1,5951,843
Cost of revenue (1,319)(1,381)
Cost of goods and services sold (1,319)(7)
Gross profit: 276462
Operating expenses (189)(168)
Other operating income, net 65
Other undisclosed operating loss (1,526)(463)
Operating loss: (1,433)(164)
Nonoperating expense
(Other Nonoperating expense)
 (7)(55)
Interest and debt expense 13(3)
Loss from continuing operations before equity method investments, income taxes: (1,426)(222)
Other undisclosed loss from continuing operations before income taxes (108)(57)
Loss from continuing operations before income taxes: (1,534)(279)
Income tax expense (benefit) 244(4)
Loss from continuing operations: (1,290)(283)
Income from discontinued operations  13
Net loss: (1,290)(270)
Net loss attributable to noncontrolling interest (0)(0)
Net loss available to common stockholders, diluted: (1,290)(270)

Comprehensive Income ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
Net loss: (1,290)(270)
Other comprehensive income (loss) (10)33
Comprehensive loss: (1,300)(237)
Comprehensive loss, net of tax, attributable to noncontrolling interest (0)(0)
Comprehensive loss, net of tax, attributable to parent: (1,300)(237)

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: