Sanmina Corporation (SANM) financial statements (2022 and earlier)
Company profile
| Business Address |
2700 N FIRST ST SAN JOSE, CA 95134 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| SIC | 3672 - Printed Circuit Boards (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 628 | 650 | 481 | 420 | 407 | |||
| Cash and cash equivalents | 628 | 650 | 481 | 420 | 407 | |||
| Receivables | (7) | (7) | (9) | (12) | (14) | |||
| Inventory, net of allowances, customer advances and progress billings | 1,242 | 1,037 | 861 | 1,374 | 1,052 | |||
| Inventory | 1,242 | 1,037 | 861 | 1,374 | 1,052 | |||
| Contract with customer, asset | 364 | 349 | 397 | ✕ | ||||
| Other undisclosed current assets | 1,365 | 1,253 | 1,090 | 1,233 | 1,172 | |||
| Total current assets: | 3,592 | 3,282 | 2,819 | 3,014 | 2,616 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 525 | 533 | 559 | 643 | 640 | |||
| Deferred income tax assets | 227 | 235 | 273 | ✕ | ✕ | |||
| Other noncurrent assets | 158 | 157 | 121 | 84 | 114 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | 344 | 477 | ||
| Total noncurrent assets: | 910 | 925 | 953 | 1,071 | 1,231 | |||
| TOTAL ASSETS: | 4,502 | 4,207 | 3,773 | 4,085 | 3,847 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 1,810 | 1,582 | 1,332 | 1,672 | 1,411 | |||
| Accounts payable | 1,695 | 1,465 | 1,210 | 1,547 | 1,280 | |||
| Employee-related liabilities | 116 | 118 | 122 | 125 | 131 | |||
| Debt | 19 | 19 | 19 | 593 | 88 | |||
| Other liabilities | 236 | 162 | 172 | 136 | 117 | |||
| Total current liabilities: | 2,065 | 1,763 | 1,523 | 2,402 | 1,616 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 307 | 312 | 329 | 14 | 391 | |||
| Long-term debt, excluding current maturities | 307 | 312 | 329 | 14 | 391 | |||
| Liabilities, other than long-term debt | 248 | 254 | 291 | 196 | 192 | |||
| Other liabilities | 248 | 254 | 291 | 196 | 192 | |||
| Total noncurrent liabilities: | 555 | 565 | 620 | 210 | 584 | |||
| Total liabilities: | 2,621 | 2,328 | 2,143 | 2,612 | 2,200 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 1,881 | 1,879 | 1,630 | 1,473 | 1,648 | |||
| Treasury stock, value | (1,047) | (983) | (791) | (634) | ||||
| Additional paid in capital | 6,339 | 6,301 | 6,222 | 6,184 | ||||
| Accumulated other comprehensive income | 43 | 41 | 35 | 74 | 77 | |||
| Accumulated deficit | (3,454) | (3,723) | (4,033) | (3,980) | ||||
| Other undisclosed stockholders' equity attributable to parent | 1,838 | 1 | 1 | 1 | 1 | |||
| Total stockholders' equity: | 1,881 | 1,879 | 1,630 | 1,473 | 1,648 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,502 | 4,207 | 3,773 | 4,085 | 3,847 | |||
Income statement (P&L) ($ in millions)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 6,759 | 6,757 | 6,960 | 7,110 | 6,869 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 6,869 | |
| Cost of revenue (Cost of Goods and Services Sold) | (6,204) | (6,205) | (6,435) | (6,646) | (6,349) | ||
| Gross profit: | 555 | 552 | 526 | 464 | 520 | ||
| Operating expenses | (268) | (271) | (298) | (344) | (293) | ||
| Operating income: | 287 | 281 | 228 | 119 | 226 | ||
| Nonoperating income (expense) | 26 | 26 | (27) | (22) | (13) | ||
| Other nonoperating income (expense) | 45 | 44 | (0) | 5 | 8 | ||
| Interest and debt expense | (19) | (20) | (29) | (28) | (22) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (5) | 29 | 28 | 22 | |||
| Income from continuing operations before equity method investments, income taxes: | 289 | 287 | 201 | 98 | 213 | ||
| Other undisclosed income from continuing operations before income taxes | 24 | 20 | |||||
| Income from continuing operations before income taxes: | 313 | 307 | 201 | 98 | 213 | ||
| Income tax expense | (34) | (38) | (61) | (193) | (75) | ||
| Net income (loss) available to common stockholders, diluted: | 280 | 269 | 140 | (96) | 139 | ||
Comprehensive Income ($ in millions)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 280 | 269 | 140 | (96) | 139 | ||
| Comprehensive income (loss): | 280 | 269 | 140 | (96) | 139 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 5 | 6 | (7) | (3) | 11 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 285 | 275 | 132 | (98) | 150 | ||
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.