Kraton Corporation (KRA) financial statements (2021 and earlier)

Company profile

Business Address 15710 JOHN F. KENNEDY BLVD.
HOUSTON, TX 77032
State of Incorp. DE
Fiscal Year End December 31
SIC 2821 - Plastics Materials, Synthetic Resins, and Nonvulcanizable Elastomers (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
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 investments3586891227054176
Cash and cash equivalents3586891227054176
Receivables170198197201105107129
Inventory, net of allowances, customer advances and progress billings 411368328264327329
Inventory 411368328264327329
Prepaid expense7101436   
Contract with customer, asset190 
Assets held-for-sale, not part of disposal group51    
Other current assets22303738312521
Other undisclosed current assets175312622121819
Total current assets:650766730747483531673
Noncurrent Assets
Operating lease, right-of-use asset85
Property, plant and equipment926941959907518452414
Long-term investments and receivables12121211121314
Long-term investments12121211121314
Intangible assets, net (including goodwill)1,0981,1351,1811,209425057
Goodwill772773774770   
Intangible assets, net (excluding goodwill)326362407439425057
Disposal group, including discontinued operation, noncurrent assets27     
Deferred costs    1379
Deferred income tax assets9
Other noncurrent assets25294023222825
Other undisclosed noncurrent assets 121110421
Total noncurrent assets:2,1822,1292,2032,160610551522
TOTAL ASSETS:2,8322,8952,9332,9071,0931,0821,195
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities28128328928015089132
Accounts payable1691821691505973116
Accrued liabilities11310112013091  
Employee-related liabilities     1616
Debt5345434200 
Due to related parties17211915141825
Disposal group, including discontinued operation15      
Deferred tax liabilities    20
Other undisclosed current liabilities     3538
Total current liabilities:367349351337165144195
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,3381,4871,5751,698429352351
Long-term debt, excluding current maturities1,3111,4871,5751,698429352351
Operating lease, liability67
Other undisclosed long-term debt and lease obligation(41)      
Liabilities, other than long-term debt29818319238210611994
Deferred tax liabilities, net  21191518
Deferred income tax liabilities125
Disposal group, including discontinued operation, liabilities0      
Other liabilities1731831921709710476
Other undisclosed noncurrent liabilities41128148    
Total noncurrent liabilities:1,6761,7981,9152,079535471445
Total liabilities:2,0432,1472,2662,416700614640
Stockholders' equity
Stockholders' equity attributable to parent751715636458359430513
Common stock0000000
Additional paid in capital392386378362350361364
Accumulated other comprehensive loss(106)(92)(98)(159)(139)(99)(21)
Retained earnings465421357254147168171
Stockholders' equity attributable to noncontrolling interest38323032343841
Total stockholders' equity:789748667490393468554
TOTAL LIABILITIES AND EQUITY:2,8322,8952,9332,9071,0931,0821,195

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,8042,0121,9601,7441,0351,2301,292
Revenue, net2,0121,9601,7441,0351,2301,292
Cost of revenue
(Cost of Goods and Services Sold)
(1,390)(1,431)(1,418)(1,265)(806)(993)(1,066)
Gross profit:414581542479229237226
Operating expenses(159)(188)(203)(217)(210)(207)(201)
Other undisclosed operating loss(136)(141)(137)(126)   
Operating income:119251202136183125
Nonoperating income
(Investment Income, Nonoperating)
   28   
Interest and debt expense(8)(132)(44)(22)(2)  
Other undisclosed loss from continuing operations before equity method investments, income taxes     (24)(30)
Income (loss) from continuing operations before equity method investments, income taxes:111119158143166(5)
Income from equity method investments1000001
Other undisclosed loss from continuing operations before income taxes(68)(45)(124)(130)(22)(0)(1)
Income (loss) from continuing operations before income taxes:44743513(6)6(5)
Income tax expense (benefit)12(4)5892(7)(5)4
Net income (loss):567193105(13)1(1)
Net income (loss) attributable to noncontrolling interest(5)(4)53210
Net income (loss) attributable to parent:516798107(11)2(1)
Other undisclosed net income (loss) available to common stockholders, basic(0)(1)(2)(2)0(0)0
Net income (loss) available to common stockholders, basic:516696105(10)2(1)
Dilutive securities, effect on basic earnings per share(0)(1)22(0)  
Net income (loss) available to common stockholders, diluted:516598107(11)2(1)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):567193105(13)1(1)
Other comprehensive income (loss)(13)663(19)(41)(80)13
Other undisclosed comprehensive income  22331
Comprehensive income (loss):437615887(50)(76)13
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(6)(2)22(3)31
Other undisclosed comprehensive loss, net of tax, attributable to parent  (5)(4) (6)(1)
Comprehensive income (loss), net of tax, attributable to parent:377415585(53)(79)12

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: