PQ Group Holdings Inc. (PQG) financial statements (2021 and earlier)

Company profile

Business Address 300 LINDENWOOD DRIVE
MALVERN, PA 19355
State of Incorp. DE
Fiscal Year End December 31
SIC 28 - Chemicals And Allied Products (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments136725866
Cash and cash equivalents136725866
Restricted cash and investments22  
Receivables133180197193
Inventory, net of allowances, customer advances and progress billings127281265262
Inventory127281265262
Other undisclosed current assets31343927
Total current assets:428569559549
Noncurrent Assets
Operating lease, right-of-use asset4857
Property, plant and equipment9831,1871,2091,230
Long-term investments and receivables458473468469
Long-term investments458473468469
Intangible assets, net (including goodwill)1,2441,9361,9832,092
Goodwill7181,2601,2551,306
Intangible assets, net (excluding goodwill)526676728786
Other noncurrent assets369910875
Total noncurrent assets:2,7703,7523,7693,866
TOTAL ASSETS:3,1984,3214,3274,415
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities186247248243
Accounts payable112144148149
Accrued liabilities7410210094
Debt023745
Other undisclosed current liabilities15   
Total current liabilities:201269256288
Noncurrent Liabilities
Long-term debt and lease obligation1,4321,9402,1072,185
Long-term debt, excluding current maturities1,4001,8992,1072,185
Finance lease, liability 0
Operating lease, liability3240
Liabilities, other than long-term debt287109105120
Deferred income tax liabilities176 
Other liabilities111109105120
Other undisclosed noncurrent liabilities 218196189
Total noncurrent liabilities:1,7192,2662,4082,495
Total liabilities:1,9212,5362,6632,784
Stockholders' equity
Stockholders' equity attributable to parent1,2771,7791,6601,628
Common stock1111
Treasury stock, value(11)(6)(3) 
Additional paid in capital1,4781,6971,6751,655
Accumulated other comprehensive income (loss)(15)(15)(39)4
Retained earnings (accumulated deficit)(176)10326(33)
Stockholders' equity attributable to noncontrolling interest0654
Total stockholders' equity:1,2771,7851,6641,632
TOTAL LIABILITIES AND EQUITY:3,1984,3214,3274,415

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues1,1071,5671,6081,472
Revenue, net1,472
Cost of revenue
(Cost of Goods and Services Sold)
(834)(1,177)(1,227)(1,095)
Gross profit:273391382377
Operating expenses(176)(203)(198)(209)
Other undisclosed operating loss(260)   
Operating income (loss):(163)188184168
Nonoperating income (expense)62(11)(26)
Investment income, nonoperating6   
Gain on contract termination  21 
Foreign currency transaction gain (loss), before tax4(3)(14)(26)
Net periodic defined benefits expense (reversal of expense), excluding service cost component  (4)
Other nonoperating income 11 
Interest and debt expense(92)(115)(121)(241)
Income (loss) from continuing operations before equity method investments, income taxes:(249)7551(99)
Income from equity method investments21463839
Income (loss) from continuing operations before income taxes:(228)12189(61)
Income tax expense (benefit)48(41)(29)119
Income (loss) from continuing operations:(179)806059
Loss from discontinued operations(102)   
Net income (loss):(282)806059
Net loss attributable to noncontrolling interest (1)(1)(1)
Other undisclosed net income attributable to parent3   
Net income (loss) available to common stockholders, diluted:(279)805858

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(282)806059
Other comprehensive income (loss)(15)23(43)57
Comprehensive income (loss):(297)10316115
Comprehensive income (loss), net of tax, attributable to noncontrolling interest4(2)(1)0
Comprehensive income (loss), net of tax, attributable to parent:(293)10115116

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: