Power Solutions International Inc (PSIX) financial statements (2021 and earlier)

Company profile

Business Address 201 MITTEL DRIVE
WOOD DALE, IL 60191
State of Incorp. IL
Fiscal Year End December 31
SIC 351 - Engines And Turbines (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2018
12/31/2017
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0 8761
Cash and cash equivalents0 8761
Receivables8770110824337
Inventory, net of allowances, customer advances and progress billings10687130945640
Inventory10687130945640
Prepaid expense34   
Contract with customer, asset3
Prepaid expense and other current assets2
Other current assets10   
Other undisclosed current assets16114952
Total current assets:21617125319111082
Noncurrent Assets
Property, plant and equipment24192621137
Intangible assets, net (including goodwill)47517345
Goodwill30304124  
Intangible assets, net (excluding goodwill)17213221  
Other noncurrent assets36764
Prepaid expense and other noncurrent assets2
Other undisclosed noncurrent assets  1   
Total noncurrent assets:747610772179
TOTAL ASSETS:29024736026312791
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities13190231446
Accounts payable8551    
Accrued liabilities463819745
Employee-related liabilities  46  
Taxes payable   101
Debt5537 2  
Derivative instruments and hedges, liabilities35     
Business combination, contingent consideration, liability 0  
Other undisclosed current liabilities  76612827
Total current liabilities:22112799763233
Noncurrent Liabilities
Long-term debt and lease obligation55545421831
Long-term debt, excluding current maturities55545421831
Liabilities, other than long-term debt33332411
Deferred tax liabilities, net   300
Deferred income tax liabilities1
Other liabilities3282111
Derivative instruments and hedges, liabilities 25    
Other undisclosed noncurrent liabilities 19989254
Total noncurrent liabilities:8888154964435
Total liabilities:3082152541727668
Temporary equity, carrying amount3939    
Stockholders' equity
Stockholders' equity attributable to parent(19)32106915023
Common stock000000
Treasury stock, value(10)(10)(4)(4)(4)(4)
Additional paid in capital12612475745711
Retained earnings (accumulated deficit)(135)(82)3521(3)16
Other undisclosed stockholders' equity(39)(39)    
Total stockholders' equity:(58)(7)106915023
TOTAL LIABILITIES AND EQUITY:29024736026312791

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

12/31/2018
12/31/2017
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues496417389348238202
Revenue, net 389348238202
Cost of revenue
(Cost of Goods and Services Sold)
(437)(366)(327)(281)(193)(168)
Gross profit:595163674534
Operating expenses(95)(69)(54)(41)(30)(22)
Operating income (loss):(37)(18)9261512
Nonoperating income (expense)(18)(29)58(29)(1)
Investment income, nonoperating(10)(4)    
Other nonoperating income (expense)0(2)(0)(0)(0)(0)
Interest and debt expense(8)(12)(4)(1)(1)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes  4111
Income (loss) from continuing operations before equity method investments, income taxes:(62)(59)1435(14)11
Loss from equity method investments   (0)(0) 
Other undisclosed income from continuing operations before income taxes812    
Income (loss) from continuing operations before income taxes:(55)(47)1434(14)11
Income tax expense (benefit)(0)(0)0(11)(5)(4)
Net income (loss):(55)(48)1424(19)7
Other undisclosed net income attributable to parent   00 
Net income (loss) attributable to parent:(55)(48)1424(19)7
Preferred stock dividends and other adjustments (38)    
Net income (loss) available to common stockholders, basic:(55)(85)1424(19)7
Other undisclosed net loss available to common stockholders, diluted  (9)   
Net income (loss) available to common stockholders, diluted:(55)(85)524(19)7

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(55)(48)1424(19)7
Comprehensive income (loss), net of tax, attributable to parent:(55)(48)1424(19)7

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.

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