NL Industries, Inc. (NL) financial statements (2022 and earlier)
Company profile
| Business Address |
5430 LBJ FREEWAY DALLAS, TX 75240-2620 |
| State of Incorp. | NJ |
| Fiscal Year End | December 31 |
| SIC | 281 - Industrial Inorganic Chemicals (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 147,002 | 137,039 | 129,730 | 143,999 | 98,316 | 93,162 | 96,462 | ||
| Cash and cash equivalents | 147,002 | 137,039 | 129,730 | 116,259 | 98,316 | 93,162 | 96,462 | ||
| Short-term investments | 27,740 | ||||||||
| Restricted cash and investments | 2,765 | 2,695 | 2,695 | 3,727 | 3,370 | 3,791 | 3,246 | ||
| Receivables | 63 | 724 | 640 | 1,092 | 1,991 | 239 | 217 | ||
| Inventory, net of allowances, customer advances and progress billings | 25,642 | 18,337 | 18,348 | 17,102 | 15,382 | 14,974 | 15,098 | ||
| Inventory | 25,642 | 18,337 | 18,348 | 17,102 | 15,382 | 14,974 | 15,098 | ||
| Other undisclosed current assets | 18,176 | 12,369 | 13,271 | 724 | 11,608 | 11,333 | 9,741 | ||
| Total current assets: | 193,648 | 171,164 | 164,684 | 166,644 | 130,667 | 123,499 | 124,764 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 29,182 | 28,950 | 31,015 | 32,026 | 32,526 | 33,584 | 34,106 | ||
| Long-term investments and receivables | 317,938 | 271,874 | 276,455 | 289,565 | 356,424 | 197,477 | 159,955 | ||
| Long-term investments | 299,238 | 242,374 | 248,355 | 255,565 | 318,224 | 170,077 | 159,955 | ||
| Due from related parties | 18,700 | 29,500 | 28,100 | 34,000 | 38,200 | 27,400 | |||
| Intangible assets, net (including goodwill) | 27,156 | 27,156 | 27,156 | 27,156 | 27,156 | 27,156 | 27,156 | ||
| Goodwill | 27,156 | 27,156 | 27,156 | 27,156 | 27,156 | 27,156 | 27,156 | ||
| Restricted cash and investments | 25,475 | 25,538 | 25,445 | ||||||
| Other noncurrent assets | 2,753 | 5,262 | 5,860 | 4,111 | 4,843 | 3,276 | 3,331 | ||
| Other undisclosed noncurrent assets | 18,206 | 26,877 | 27,740 | 11 | |||||
| Total noncurrent assets: | 402,504 | 376,986 | 392,808 | 380,598 | 420,949 | 261,493 | 224,559 | ||
| TOTAL ASSETS: | 596,152 | 548,150 | 557,492 | 547,242 | 551,616 | 384,992 | 349,323 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 15,433 | 12,925 | 14,112 | 15,729 | 13,853 | 15,676 | 15,120 | ||
| Accounts payable | 3,408 | 2,647 | 3,438 | 4,831 | 4,116 | 5,026 | 4,557 | ||
| Accrued liabilities | 12,017 | 10,253 | 10,601 | 10,854 | 9,707 | 10,624 | 10,558 | ||
| Taxes payable | 8 | 25 | 73 | 44 | 30 | 26 | 5 | ||
| Estimated litigation liability | 11,830 | 11,830 | 11,830 | 60,000 | |||||
| Accrued environmental loss contingencies | 2,643 | 2,027 | 3,065 | 5,027 | 5,302 | 13,350 | 8,668 | ||
| Due to related parties | 691 | 725 | 801 | 567 | 429 | 1,717 | 220 | ||
| Total current liabilities: | 30,597 | 27,507 | 29,808 | 81,323 | 19,584 | 30,743 | 24,008 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 176,862 | 178,902 | 158,284 | 151,972 | 178,954 | 159,979 | 160,064 | ||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 31,373 | 49,315 | 27,445 | 25,035 | ||
| Deferred income tax liabilities | 44,056 | 33,830 | ✕ | ✕ | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 14,040 | 15,184 | 16,928 | ||||||
| Accrued environmental loss contingencies | 90,297 | 91,389 | 91,443 | 93,184 | 106,607 | 103,308 | 104,465 | ||
| Estimated litigation liability | 38,519 | 49,403 | 60,081 | 17,000 | |||||
| Due to related parties | 500 | 500 | 500 | 500 | 500 | 500 | |||
| Other liabilities | 3,490 | 3,780 | 6,260 | 9,915 | 8,492 | 13,542 | 13,636 | ||
| Other undisclosed noncurrent liabilities | 3,722 | 6,392 | 42,187 | 10,389 | |||||
| Total noncurrent liabilities: | 180,584 | 185,294 | 200,471 | 162,361 | 178,954 | 159,979 | 160,064 | ||
| Total liabilities: | 211,181 | 212,801 | 230,279 | 243,684 | 198,538 | 190,722 | 184,072 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 362,470 | 311,877 | 304,506 | 284,115 | 335,322 | 177,920 | 149,950 | ||
| Common stock | 6,100 | 6,098 | 6,094 | 6,090 | 6,089 | 6,088 | 6,086 | ||
| Additional paid in capital | 299,775 | 299,093 | 299,102 | 301,139 | 300,866 | 300,674 | 300,543 | ||
| Accumulated other comprehensive loss | (240,756) | (251,189) | (251,690) | (248,270) | (191,737) | (232,846) | (245,358) | ||
| Retained earnings | 297,351 | 257,875 | 251,000 | 225,156 | 220,104 | 104,004 | 88,679 | ||
| Stockholders' equity attributable to noncontrolling interest | 22,501 | 23,472 | 22,707 | 19,443 | 17,756 | 16,350 | 15,301 | ||
| Total stockholders' equity: | 384,971 | 335,349 | 327,213 | 303,558 | 353,078 | 194,270 | 165,251 | ||
| TOTAL LIABILITIES AND EQUITY: | 596,152 | 548,150 | 557,492 | 547,242 | 551,616 | 384,992 | 349,323 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 140,815 | 114,537 | 124,243 | 118,217 | 112,035 | 108,920 | 108,994 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 112,035 | 108,920 | 108,994 | |
| Cost of revenue (Cost of Goods and Services Sold) | (98,066) | (81,689) | (85,280) | (79,946) | (77,210) | (73,753) | (75,593) | |
| Gross profit: | 42,749 | 32,848 | 38,963 | 38,271 | 34,825 | 35,167 | 33,401 | |
| Operating expenses | (22,152) | (20,950) | (35,425) | (81,162) | (19,212) | (19,150) | (15,773) | |
| Other operating income, net | 29 | 18 | 7,444 | 644 | 170 | 9 | 120 | |
| Other undisclosed operating loss | (10,135) | (9,559) | (12,591) | (18,419) | (14,916) | (17,009) | (17,480) | |
| Operating income (loss): | 10,491 | 2,357 | (1,609) | (60,666) | 867 | (983) | 268 | |
| Nonoperating income (Investment Income, Nonoperating) | 1,603 | 2,599 | 6,672 | 5,069 | 3,570 | 1,732 | 1,172 | |
| Interest and debt expense | (1,142) | (1,350) | (681) | (37) | (30) | (4) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 10,952 | 3,606 | 4,382 | (55,634) | 4,407 | 745 | 1,440 | |
| Income (loss) from equity method investments | 34,323 | 19,437 | 26,470 | 62,316 | 107,785 | 13,171 | (52,770) | |
| Other undisclosed income (loss) from continuing operations before income taxes | 15,564 | (9,455) | (2,238) | (61,056) | 3 | |||
| Income (loss) from continuing operations before income taxes: | 60,839 | 13,588 | 28,614 | (54,374) | 112,192 | 13,916 | (51,327) | |
| Income tax expense (benefit) | (7,479) | 2,515 | (579) | 15,361 | 5,634 | 2,777 | 28,611 | |
| Net income (loss): | 53,360 | 16,103 | 28,035 | (39,013) | 117,826 | 16,693 | (22,716) | |
| Net loss attributable to noncontrolling interest | (2,172) | (1,423) | (2,191) | (2,004) | (1,726) | (1,368) | (1,193) | |
| Net income (loss) available to common stockholders, diluted: | 51,188 | 14,680 | 25,844 | (41,017) | 116,100 | 15,325 | (23,909) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 53,360 | 16,103 | 28,035 | (39,013) | 117,826 | 16,693 | (22,716) | |
| Other comprehensive income (loss) | 10,433 | 501 | (3,420) | (10,464) | 41,109 | 12,512 | (63,319) | |
| Comprehensive income (loss): | 63,793 | 16,604 | 24,615 | (49,477) | 158,935 | 29,205 | (86,035) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2,172) | (1,423) | (2,191) | (2,004) | (1,726) | (1,368) | (1,193) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 61,621 | 15,181 | 22,424 | (51,481) | 157,209 | 27,837 | (87,228) | |
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.