Empire Resources Inc (ERS) financial statements (2020 and earlier)

Company profile

Business Address 2115 LINWOOD AVENUE
FORT LEE, NJ 07024
State of Incorp. DE
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)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments47123
Cash and cash equivalents47123
Short-term investments    0
Receivables5361905354
Inventory, net of allowances, customer advances and progress billings133157192140146
Inventory133157192140146
Prepaid expense  3 
Prepaid expense and other current assets4
Deferred tax assets45433
Other undisclosed current assets4111993
Total current assets:198241309207213
Noncurrent Assets
Property, plant and equipment77444
Intangible assets, net (including goodwill)  011
Intangible assets, net (excluding goodwill)  011
Deferred costs 1101
Deferred tax assets, net (0)(0)0(0)
Other undisclosed noncurrent assets 0037
Total noncurrent assets:786812
TOTAL ASSETS:206249314216225
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2944514943
Accounts payable2236434436
Accrued liabilities66434
Taxes payable12423
Interest and dividends payable000  
Debt0020110
Derivative instruments and hedges, liabilities 1 01
Other undisclosed current liabilities1211500108124
Total current liabilities:151195252158168
Noncurrent Liabilities
Long-term debt and lease obligation5510111
Long-term debt, excluding current maturities5510111
Liabilities, other than long-term debt00322
Deferred tax liabilities, net000 0
Derivative instruments and hedges, liabilities  322
Other undisclosed noncurrent liabilities    10
Total noncurrent liabilities:55131314
Total liabilities:156200265171182
Stockholders' equity
Stockholders' equity attributable to parent5048494543
Common stock00000
Treasury stock, value(8)(7)(5)(6)(5)
Additional paid in capital1313141212
Accumulated other comprehensive income (loss)(1)(1)(0)0(0)
Retained earnings4543413837
Total stockholders' equity:5048494543
TOTAL LIABILITIES AND EQUITY:206249314216225

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
459522582483539
Cost of revenue
(Cost of Goods and Services Sold)
(437)(499)(556)(461)(514)
Gross profit:2223272225
Operating expenses(14)(15)(14)(14)(14)
Other undisclosed operating income  111
Operating income:8813812
Nonoperating income (expense)12(1)(0)(0)
Investment income, nonoperating12(1)(0)(0)
Foreign currency transaction gain (loss), before tax  (0)00
Interest and debt expense  (0)00
Other undisclosed loss from continuing operations before equity method investments, income taxes(4)(6)(4)(5)(6)
Income from continuing operations before income taxes:54746
Income tax expense(2)(1)(3)(1)(2)
Net income available to common stockholders, basic:33424
Interest on convertible debt01  1
Dilutive securities, effect on basic earnings per share(1)(2)   
Other undisclosed net income available to common stockholders, diluted00  0
Net income available to common stockholders, diluted:32425

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:33424
Other comprehensive loss (0)(0)  
Comprehensive income:32324
Other undisclosed comprehensive income, net of tax, attributable to parent   00
Comprehensive income, net of tax, attributable to parent:32334

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: