Mistras Group Inc (MG) financial statements (2021 and earlier)

Company profile

Business Address 195 CLARKSVILLE ROAD
PRINCETON JUNCTION, NJ 08550
State of Incorp. DE
Fiscal Year End December 31
SIC 8711 - Engineering Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
5/31/2016
5/31/2015
5/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments26152628211110
Cash and cash equivalents26152628211110
Receivables108136148138138133138
Inventory, net of allowances, customer advances and progress billings13131311101111
Inventory13131311101111
Contract with customer, asset12  
Other undisclosed current assets4151619191716
Total current assets:163179203195188171175
Noncurrent Assets
Property, plant and equipment93999487797978
Intangible assets, net (including goodwill)275392391267213218188
Goodwill206282279203169166131
Intangible assets, net (excluding goodwill)6911011164435158
Deferred income tax assets22
Other noncurrent assets514854221
Other undisclosed noncurrent assets  22111
Total noncurrent assets:421541491359295300269
TOTAL ASSETS:583720694554483472444
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities41434238293017
Accounts payable14151410111115
Accrued liabilities242627221619 
Taxes payable3226312
Deferred revenue76
Debt1421118202715
Business combination, contingent consideration, liability132314
Deferred revenue and credits56343
Other undisclosed current liabilities47374134433052
Total current liabilities:11010910090979487
Noncurrent Liabilities
Long-term debt and lease obligation2212612931738410682
Long-term debt, excluding current maturities210248284165729669
Finance lease, liability1113
Capital lease obligations99121114
Liabilities, other than long-term debt5663620252733
Deferred tax liabilities, net 9181716
Deferred income tax liabilities821
Other liabilities474261171017
Other undisclosed noncurrent liabilities  23    
Total noncurrent liabilities:276325322193110133115
Total liabilities:386434423284206227202
Stockholders' equity
Stockholders' equity attributable to parent197286271271276245242
Common stock0000000
Additional paid in capital235229227222214208202
Accumulated other comprehensive loss(16)(21)(28)(17)(20)(21)(2)
Retained earnings (accumulated deficit)(22)787265825842
Stockholders' equity attributable to noncontrolling interest0000000
Total stockholders' equity:197286271271276245242
TOTAL LIABILITIES AND EQUITY:583720694554483472444

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
5/31/2016
5/31/2015
5/31/2014
Revenues593749742701719711623
Revenue, net701719711623
Cost of revenue(414)(531)(22)(492)(495)(506)(451)
Cost of goods and services sold(414)(531)(22)(21)(21)(20)(451)
Other undisclosed gross profit  (512)(21)(21)(20) 
Gross profit:179217208188203185173
Operating expenses(279)(192)(182)(183)(155)(160)(137)
Other undisclosed operating income (loss)(0)(1)(4)(0)(5)53
Operating income (loss):(101)24224433038
Nonoperating expense     (4)(0)
Investment income, nonoperating     (3) 
Foreign currency transaction loss, before tax     (2)(0)
Interest and debt expense(13)(14)(8)(4)(5)(5) 
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes     4(3)
Income (loss) from continuing operations before income taxes:(114)1014(0)382635
Income tax expense (benefit)15(4)(7)(2)(14)(10)(13)
Net income (loss):(99)67(2)251623
Net income (loss) attributable to noncontrolling interest0(0)(0)(0)00(0)
Net income (loss) available to common stockholders, diluted:(99)67(2)251623

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
5/31/2016
5/31/2015
5/31/2014
Net income (loss):(99)67(2)251623
Other comprehensive income (loss) 6(11)131(20)3
Other undisclosed comprehensive income (loss)  0(0)00(0)
Comprehensive income (loss):(99)12(4)1126(4)26
Comprehensive income (loss), net of tax, attributable to noncontrolling interest0(0)(0)(0)000
Other undisclosed comprehensive income (loss), net of tax, attributable to parent5 (0)000(0)
Comprehensive income (loss), net of tax, attributable to parent:(94)12(4)1126(4)25

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: