Stoneridge, Inc. (SRI) financial statements (2021 and earlier)

Company profile

Business Address 39675 MACKENZIE DRIVE
NOVI, MI 48377
State of Incorp. OH
Fiscal Year End December 31
SIC 3714 - Motor Vehicle Parts and Accessories (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
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments74698166505443
Cash and cash equivalents74698166505443
Receivables13713913914211395105
Inventory, net of allowances, customer advances and progress billings91937973606171
Inventory91937973606171
Other undisclosed current assets33302121172226
Total current assets:335331320303241232246
Noncurrent Assets
Operating lease, right-of-use asset1922
Property, plant and equipment119122112110928585
Intangible assets, net (including goodwill), including:949499114403758
Goodwill39363738(300)(300)1
Intangible assets, net (excluding goodwill)55586275393657
Other undisclosed intangible assets, net (including goodwill)    301301 
Estimated insurance recoveries   2   
Investments and other noncurrent assets10
Other undisclosed noncurrent assets543228302210 
Total noncurrent assets:287271239256154132153
TOTAL ASSETS:621602560559395364399
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities86818879635576
Accounts payable86818879635559
Employee-related liabilities      17
Debt832491420
Other liabilities52555853413942
Other undisclosed current liabilities      (17)
Total current liabilities:146139147136113108120
Noncurrent Liabilities
Long-term debt and lease obligation1518148411
Long-term debt, excluding current maturities 0148411
Operating lease, liability1518
Liabilities, other than long-term debt31323558174855
Accounts payable and accrued liabilities433332 
Deferred tax liabilities, net1519104150
Deferred income tax liabilities1313
Liability for uncertainty in income taxes  00001
Other liabilities14171735544
Other undisclosed noncurrent liabilities13212393117649899
Total noncurrent liabilities:17917412917990150165
Total liabilities:325312276315202258285
Stockholders' equity
Stockholders' equity attributable to parent2972902832441789391
Treasury stock, value(60)(51)(9)(7)(6)(4)(1)
Additional paid in capital234226232228207199193
Accumulated other comprehensive loss(90)(91)(86)(70)(68)(70)(45)
Retained earnings (accumulated deficit)2122071469245(32)(55)
Stockholders' equity attributable to noncontrolling interest    141323
Total stockholders' equity:297290283244192106114
TOTAL LIABILITIES AND EQUITY:621602560559395364399

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues648834866824696645661
Revenue, net824696645661
Cost of revenue
(Cost of Goods and Services Sold)
(494)(621)(610)(576)(501)(468)(470)
Gross profit:154214257248195177191
Operating expenses(162)(176)(190)(191)(151)(149)(226)
Other operating income, net
(Other Nonrecurring (Income) Expense)
 34     
Other undisclosed operating income      10
Operating income (loss):(8)7167574428(26)
Nonoperating income (expense)2(0)1(1)0(2)(2)
Foreign currency transaction loss, before tax      (1)
Other nonoperating income (expense)2(0)1(1)0(2)(1)
Interest and debt expense(1)(1)(0)(0)(0)(0)(11)
Income (loss) from continuing operations before equity method investments, income taxes:(7)7167564426(38)
Income from equity method investments2222111
Other undisclosed loss from continuing operations before income taxes(6)(4)(4)(5)(6)(6)(16)
Income (loss) from continuing operations before income taxes:(11)6865533920(53)
Income tax expense (benefit)3(8)(11)(8)3612
Income (loss) from continuing operations:(8)6054457621(51)
Loss from discontinued operations     (0)(9)
Net income (loss):(8)6054457621(61)
Net income attributable to noncontrolling interest   02213
Net income (loss) available to common stockholders, diluted:(8)6054457723(47)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(8)6054457621(61)
Other comprehensive income (loss)2(6)(16)152(24)(15)
Comprehensive income (loss):(6)55386077(4)(76)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest   022(17)
Other undisclosed comprehensive income, net of tax, attributable to parent      30
Comprehensive income (loss), net of tax, attributable to parent:(6)55386179(2)(62)

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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