NN, Inc. (NNBR) financial statements (2022 and earlier)

Company profile

Business Address 6210 ARDREY KELL ROAD
CHARLOTTE, NC 28277
State of Incorp. DE
Fiscal Year End December 31
SIC 354 - Metalworking Machinery And Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

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 investments294832182241415
Cash and cash equivalents294832182241415
Receivables8393138134152140127
Inventory, net of allowances, customer advances and progress billings756311912383115120
Inventory756311912383115120
Derivative instruments and hedges, assets      0
Other current assets9111522191212
Other undisclosed current assets      6
Total current assets:196215303297477281280
Noncurrent Assets
Finance lease, right-of-use asset1415 
Operating lease, right-of-use asset465065
Property, plant and equipment  375361259323319
Long-term investments and receivables34272220404138
Long-term investments34272220404138
Intangible assets, net (including goodwill)89103768816692706732
Goodwill  439439455450450
Intangible assets, net (excluding goodwill)89103329376238256282
Derivative instruments and hedges      0
Regulated entity, other noncurrent assets61     
Deferred income tax assets0  
Other noncurrent assets469861023
Other undisclosed noncurrent assets190208    0
Total noncurrent assets:3834101,2391,2059981,0801,113
TOTAL ASSETS:5796251,5421,5021,4751,3601,394
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities576289907410396
Accounts payable37375766537669
Employee-related liabilities18213025212521
Taxes payable241  25
Debt692631171717
Other liabilities9312523171921
Other undisclosed current liabilities31     
Total current liabilities:74103139145108139133
Noncurrent Liabilities
Long-term debt and lease obligation202134824811791792818
Long-term debt, excluding current maturities15179757811791786808
Capital lease obligations  610
Operating lease, liability515567
Liabilities, other than long-term debt252813212790115122
Accounts payable and accrued liabilities  146  
Deferred revenue  86
Deferred tax liabilities, net9372100117
Deferred income tax liabilities711 
Liability, pension and other postretirement and postemployment benefits     5 
Other liabilities1717452913105
Derivative instruments and hedges, liabilities     1 
Other undisclosed noncurrent liabilities     06
Total noncurrent liabilities:227162956938880907946
Total liabilities:3012661,0961,0839891,0451,080
Temporary equity, carrying amount 10593    
Stockholders' equity
Stockholders' equity attributable to parent, including:(32)2543418486315314
Common stock0000000
Additional paid in capital475493502512292285278
Accumulated other comprehensive loss(32)(34)(45)(32)(18)(25)(19)
Retained earnings (accumulated deficit)(219)(206)(105)(62)2115655
Warrants and rights outstanding  1    
Other undisclosed stockholders' equity attributable to parent(256) (350)    
Stockholders' equity attributable to noncontrolling interest     00
Other undisclosed stockholders' equity256 350    
Total stockholders' equity:224254353418486315314
Other undisclosed liabilities and equity54      
TOTAL LIABILITIES AND EQUITY:5796251,5421,5021,4751,3601,394

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues478428847771620833667
Revenue, net771620833667
Cost of revenue(390)(344)(642)(588)   
Cost of goods and services sold(390)(344)(642)    
Gross profit:8884206182620833667
Operating expenses(51)(151)(103)(282)(74)(81)(58)
Other operating income (expense), net1(5)(1)(6)(0)  
Other undisclosed operating loss(46)(46)(92)(73)(512)(694)(582)
Operating income (loss):(9)(117)10(179)335927
Nonoperating income (expense)3(11)(1)(1)23(1)
Investment income, nonoperating(2)(12)     
Other nonoperating income (expense)50(1)(1)23(1)
Interest and debt expense(15)(19)(60)(81)(94)(66)(49)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(2)(4)  0(3) 
Loss from continuing operations before equity method investments, income taxes:(22)(152)(52)(261)(59)(7)(23)
Income (loss) from equity method investments642(14)565
Loss from continuing operations before income taxes:(16)(148)(50)(275)(54)(1)(18)
Income tax benefit2931179911
Income (loss) from continuing operations:(14)(139)(47)(264)258(7)
Income from discontinued operations139  138  
Net income (loss) attributable to parent:(13)(101)(47)(264)1638(7)
Preferred stock dividends and other adjustments(21)(12)1    
Other undisclosed net loss available to common stockholders, basic(1)(39)(1)    
Net income (loss) available to common stockholders, diluted:(36)(152)(47)(264)1638(7)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(13)(101)(47)(264)1638(7)
Other comprehensive income (loss)211(13)(14)13(6) 
Comprehensive income (loss):(11)(90)(60)(278)1762(7)
Other undisclosed comprehensive loss, net of tax, attributable to parent      (25)
Comprehensive income (loss), net of tax, attributable to parent:(11)(90)(60)(278)1762(32)

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: