Steel Partners Holdings LP (SPLP) financial statements (2021 and earlier)

Company profile

Business Address 590 MADISON AVENUE, 32ND FLOOR
NEW YORK, NY 10022
State of Incorp. DE
Fiscal Year End December 31
SIC 339 - Miscellaneous Primary Metal Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments149336477504267327382
Cash and cash equivalents148335419450186189204
Short-term investments01585481138178
Restricted cash and investments 1216132221 
Receivables321151428279128227
Inventory, net of allowances, customer advances and progress billings1681591431191026467
Inventory1681591431191026467
Disposal group, including discontinued operation    3764
Prepaid expense and other current assets17
Other undisclosed current assets4524333512724747(49)
Total current assets:1,0901,0921,029916719664648
Noncurrent Assets
Property, plant and equipment262297272261255184211
Long-term investments and receivables472422324182229388345
Long-term investments276258236120167312295
Accounts and financing receivable, after allowance for credit loss1961648862627650
Intangible assets, net (including goodwill)308367369395241165241
Goodwill15018417016710246107
Intangible assets, net (excluding goodwill)159184199227139119134
Disposal group, including discontinued operation, noncurrent assets    330
Estimated insurance recoveries10     
Other noncurrent assets718061312746 
Prepaid expense and other noncurrent assets43
Other undisclosed noncurrent assets119961091832101533
Total noncurrent assets:1,2421,2641,1351,052965828874
TOTAL ASSETS:2,3322,3562,1641,9671,6851,4931,522
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2191991791711217685
Accounts payable10010610589603539
Accrued liabilities120937482614145
Debt17426442128
Derivative instruments and hedges, liabilities 121613222125
Due to related parties0021133
Disposal group, including discontinued operation  000131
Financial instruments subject to mandatory redemption, settlement terms, share value, amount40     
Deferred tax liabilities    03
Other liabilities432211201985
Other undisclosed current liabilities6154323051971548786
Total current liabilities:936670515466321230235
Noncurrent Liabilities
Long-term debt and lease obligation391478413330238297224
Long-term debt, excluding current maturities391478413330236296223
Capital lease obligations   201
Liabilities, other than long-term debt211227284295290226160
Pension and other postretirement defined benefit plans, liabilities144
Deferred tax liabilities, net   553
Liability, pension and other postretirement and postemployment benefits196206268285277208
Disposal group, including discontinued operation, liabilities     1 
Other liabilities1521161091213
Other undisclosed noncurrent liabilities318462385172957630
Total noncurrent liabilities:9201,1671,082797623599414
Total liabilities:1,8561,8371,5971,263944829649
Stockholders' equity
Stockholders' equity attributable to parent(191)(177)(106)(69)(54)342
Accumulated other comprehensive income (loss)(191)(177)(106)(69)(54)342
Other undisclosed stockholders' equity668697673773795661831
Total stockholders' equity:476519567704740664873
TOTAL LIABILITIES AND EQUITY:2,3322,3562,1641,9671,6851,4931,522

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,5621,5851,3721,164998850805
Revenue, net1,156999763600655
Cost of revenue(43)(1,110)(6)(816)(0)(588)(557)
Cost of goods and services sold (1,110) (816) (587)(556)
Provision for loan, lease, and other losses(43) 
Financial services costs(6) (0)(1)(1)
Gross profit:1,5184751,366348998262248
Operating expenses(1,534)(1,594)(1,332)(1,141)(975)(824)(778)
Operating income (loss):(16)(1,119)35(793)23(563)(530)
Nonoperating income
(Investment Income, Nonoperating)
     21
Interest and debt expense(41)(39)(1)(11)(9)(11)(8)
Other undisclosed income from continuing operations before equity method investments, income taxes851,14968279597563
Income (loss) from continuing operations before equity method investments, income taxes:28(9)4022232527
Income (loss) from equity method investments   4(35)(3)28
Other undisclosed income (loss) from continuing operations before income taxes33(10)17 3(15)1
Income (loss) from continuing operations before income taxes:61(19)5727(8)755
Income tax expense (benefit)(16)(13)(51)(24)79(24)(10)
Other undisclosed loss from continuing operations(41)      
Income (loss) from continuing operations:4(31)6370(18)45
Income (loss) from discontinued operations    8610(0)
Net income (loss):4(31)63157(7)45
Net income (loss) attributable to noncontrolling interest0(1)(6)4(20)(0)(25)
Net income (loss) available to common stockholders, diluted:4(33)(0)7137(8)19

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):4(31)63157(7)45
Other comprehensive income (loss)(14)1928(18)(58)(69)81
Comprehensive income (loss):(10)(12)34(15)99(76)125
Comprehensive income (loss), net of tax, attributable to noncontrolling interest0(1)(8)8(17)3046
Other undisclosed comprehensive loss, net of tax, attributable to parent      (93)
Comprehensive income (loss), net of tax, attributable to parent:(10)(13)26(8)82(46)79

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: