REAL INDUSTRY, INC. (RELY) financial statements (2021 and earlier)
Company profile
| Business Address |
3700 PARK EAST DRIVE BEACHWOOD, OH 44122 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 5063 - Electrical Apparatus and Equipment Wiring Supplies, and Construction Materials (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 25 | 27 | 36 | 63 | 48 | 54 | ||
| Cash and cash equivalents | 25 | 27 | 36 | 63 | 48 | 54 | ||
| Restricted cash and investments | 0 | |||||||
| Receivables | 124 | 91 | 77 | 0 | 4 | 4 | ||
| Inventory, net of allowances, customer advances and progress billings | 107 | 118 | 101 | 11 | 10 | 10 | ||
| Inventory | 107 | 118 | 101 | 11 | 10 | 10 | ||
| Prepaid expense | 17 | 9 | 1 | 1 | ✕ | |||
| Deferred costs | 14 | |||||||
| Derivative instruments and hedges, assets | 1 | |||||||
| Disposal group, including discontinued operation | 0 | 0 | 1 | 4 | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 2 | ||
| Deferred tax assets | 5 | |||||||
| Other current assets | 2 | 1 | ✕ | |||||
| Other undisclosed current assets | 31 | 41 | 57 | (11) | 2 | 3 | ||
| Total current assets: | 305 | 287 | 272 | 86 | 66 | 76 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 248 | 289 | 302 | 0 | 0 | 0 | ||
| Long-term investments and receivables | 8 | 5 | 1 | |||||
| Long-term investments | 8 | 5 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 1 | |||||||
| Intangible assets, net (including goodwill) | 3 | 55 | 119 | 20 | 20 | 22 | ||
| Goodwill | 10 | 42 | 104 | 18 | 18 | 18 | ||
| Intangible assets, net (excluding goodwill) | (7) | 13 | 15 | 2 | 3 | 4 | ||
| Deferred costs | 0 | 0 | 0 | |||||
| Other noncurrent assets | 13 | 10 | 8 | 2 | 1 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 3 | ||
| Assets of disposal group, including discontinued operation | ✕ | ✕ | ✕ | ✕ | 1 | 1 | ||
| Deferred tax assets, net | (0) | (0) | (0) | |||||
| Other undisclosed noncurrent assets | 16 | 14 | (1) | 23 | ||||
| Total noncurrent assets: | 287 | 359 | 429 | 36 | 24 | 50 | ||
| TOTAL ASSETS: | 592 | 646 | 701 | 122 | 90 | 126 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 125 | 162 | 101 | 6 | 1 | 1 | ||
| Accounts payable | 96 | 116 | 101 | 3 | ||||
| Accrued liabilities | 28 | 46 | ||||||
| Employee-related liabilities | 0 | |||||||
| Taxes payable | 0 | 0 | ||||||
| Accounts payable and other accrued liabilities | ✕ | ✕ | ✕ | ✕ | 1 | 0 | ||
| Other undisclosed accounts payable and accrued liabilities | 3 | |||||||
| Debt | 4 | 2 | 2 | 4 | 4 | 3 | ||
| Disposal group, including discontinued operation | 0 | 0 | 2 | 2 | ||||
| Deferred tax liabilities | 5 | 0 | 0 | |||||
| Other liabilities | 1 | 1 | 1 | |||||
| Other undisclosed current liabilities | 104 | 52 | (1) | 3 | 6 | |||
| Total current liabilities: | 232 | 165 | 155 | 15 | 11 | 14 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation, including: | 4 | 354 | 4 | 10 | 14 | 44 | ||
| Long-term debt, excluding current maturities | 354 | 10 | 14 | 44 | ||||
| Capital lease obligations | 4 | |||||||
| Other undisclosed long-term debt and lease obligation | 4 | |||||||
| Liabilities, other than long-term debt | 65 | 67 | 63 | 6 | 7 | 8 | ||
| Accounts payable and accrued liabilities | 0 | 0 | ||||||
| Asset retirement obligations | 4 | |||||||
| Deferred tax liabilities, net | 3 | 7 | ||||||
| Liability, pension and other postretirement and postemployment benefits | 47 | 42 | 38 | ✕ | ✕ | |||
| Accrued environmental loss contingencies | 10 | 12 | 12 | |||||
| Disposal group, including discontinued operation, liabilities | 1 | 6 | 7 | 8 | ||||
| Other liabilities | 7 | 7 | 5 | 0 | 0 | 0 | ||
| Other undisclosed noncurrent liabilities | 343 | 315 | 5 | 9 | 2 | |||
| Total noncurrent liabilities: | 413 | 422 | 382 | 21 | 30 | 53 | ||
| Total liabilities: | 645 | 586 | 537 | 36 | 40 | 67 | ||
| Temporary equity, carrying amount | 29 | 25 | 22 | |||||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | (81) | 33 | 142 | 86 | 50 | 58 | ||
| Common stock | 0 | 0 | 1 | |||||
| Treasury stock, value | (0) | (0) | ||||||
| Additional paid in capital | 542 | 547 | 546 | 482 | 452 | 449 | ||
| Accumulated other comprehensive income (loss) | 5 | (7) | (1) | 0 | ||||
| Accumulated deficit | (628) | (506) | (403) | (396) | (402) | (392) | ||
| Warrants and rights outstanding | 6 | |||||||
| Other undisclosed stockholders' equity attributable to parent | (6) | |||||||
| Stockholders' equity attributable to noncontrolling interest | 0 | 1 | 1 | (0) | ||||
| Total stockholders' equity: | (81) | 35 | 142 | 86 | 50 | 58 | ||
| TOTAL LIABILITIES AND EQUITY: | 592 | 646 | 701 | 122 | 90 | 126 | ||
Income statement (P&L) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 1,346 | 1,250 | 1,146 | 2 | 44 | ||
| Financial services revenue | 2 | ||||||
| Cost of revenue (Cost of Goods and Services Sold) | (1,287) | (1,183) | (1,071) | (0) | (23) | ||
| Gross profit: | 59 | 67 | 75 | 1 | 21 | ||
| Operating expenses | (137) | (110) | (89) | (48) | (49) | (46) | |
| Other operating expense, net | (3) | (6) | (3) | ||||
| Other expenses | (4) | ||||||
| Other undisclosed operating income (loss) | (5) | (16) | 26 | 23 | |||
| Operating income (loss): | (85) | (65) | 10 | (46) | (49) | (2) | |
| Nonoperating income (expense) | (44) | (39) | (51) | 6 | (4) | (1) | |
| Investment income, nonoperating | (7) | (2) | |||||
| Other nonoperating income (expense) | (0) | 0 | 2 | (0) | |||
| Interest and debt expense | (11) | (4) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (129) | (104) | (51) | (40) | (54) | (7) | |
| Other undisclosed income from continuing operations before income taxes | 11 | 44 | 4 | ||||
| Loss from continuing operations before income taxes: | (129) | (104) | (41) | (40) | (10) | (3) | |
| Income tax expense (benefit) | 8 | 1 | 9 | 5 | (0) | (1) | |
| Other undisclosed income from continuing operations | 39 | ||||||
| Income (loss) from continuing operations: | (121) | (103) | (32) | 4 | (10) | (4) | |
| Income (loss) from discontinued operations | (0) | 1 | 25 | 1 | (4) | ||
| Income (loss) before gain (loss) on sale of properties: | (121) | (103) | (7) | 5 | (10) | (7) | |
| Other undisclosed net income | 0 | ||||||
| Net income (loss): | (121) | (103) | (7) | 5 | (10) | (7) | |
| Net income attributable to noncontrolling interest | 0 | ||||||
| Other undisclosed net loss attributable to parent | (1) | (0) | (0) | ||||
| Net income (loss) attributable to parent: | (122) | (103) | (7) | 6 | (10) | (7) | |
| Preferred stock dividends and other adjustments | (4) | ||||||
| Other undisclosed net loss available to common stockholders, basic | (2) | (3) | (2) | ||||
| Net income (loss) available to common stockholders, diluted: | (128) | (106) | (9) | 6 | (10) | (7) | |
Comprehensive Income ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (121) | (103) | (7) | 5 | (10) | (7) | |
| Other comprehensive income (loss) | 12 | (6) | (1) | (0) | 0 | ||
| Comprehensive income (loss): | (109) | (109) | (8) | 5 | (10) | (7) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | (0) | (0) | 0 | |||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 0 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (110) | (109) | (8) | 6 | (10) | (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.