STR Holdings Inc (STRI) Financial Statements (2024 and earlier)

Company Profile

Business Address 10 WATER STREET
ENFIELD, CT 06082
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3081 - Unsupported Plastics Film and Sheet (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2019
MRQ
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 investments 5,63913,49912,3797,70316,55258,173
Cash and cash equivalents 5,63913,49912,3797,70316,55258,173
Receivables 2,2612,1036,34919,51420,3094,771
Inventory, net of allowances, customer advances and progress billings 1,8081,1101,8474,8068,2488,557
Inventory 1,8081,1101,8474,8068,2488,557
Prepaid expense 5017489721,2211,789925
Income taxes receivable11,812
Deferred tax assets    722,081
Other current assets 6427671,0952,0442,283561
Total current assets: 10,85118,22722,64235,28849,25386,880
Noncurrent Assets
Property, plant and equipment 10,8878,7287,97410,58120,19528,398
Disposal group, including discontinued operation, noncurrent assets 5,3366,1556,090  
Other noncurrent assets 7576140148354733
Deferred tax assets, net     13,198
Other undisclosed noncurrent assets    7,899  
Total noncurrent assets: 16,29814,95914,20418,62820,54942,329
TOTAL ASSETS: 27,14933,18636,84653,91669,802129,209
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 4,4664,1745,1106,2617,67911,927
Taxes payable 9008969939891,865859
Employee-related liabilities     381 
Accounts payable 2,2189711,5002,1922,6532,636
Accrued liabilities 1,3482,3072,6173,0802,7808,432
Deferred compensation liability      1,071
Restructuring reserve     32
Accrued environmental loss contingencies     5776
Other liabilities     204630
Other undisclosed current liabilities 374454381483(470)(1,147)
Total current liabilities: 4,8404,6285,4916,7447,50212,557
Noncurrent Liabilities
Liabilities, other than long-term debt 306698  4,5774,790
Deferred tax liabilities, net306698  72 
Other liabilities     4,5054,790
Total noncurrent liabilities: 306698  4,5774,790
Total liabilities: 5,1465,3265,4916,74412,07917,347
Equity
Equity, attributable to parent 22,00327,86031,35547,17257,723111,862
Common stock 201195187182181417
Treasury stock, value (57)(57)(57)(57)(57)(57)
Additional paid in capital 232,345232,149231,627230,999230,276235,836
Accumulated other comprehensive loss (5,654)(5,355)(6,431)(5,851)(4,059)(1,913)
Accumulated deficit (204,832)(199,072)(193,971)(178,101)(168,618)(122,421)
Total equity: 22,00327,86031,35547,17257,723111,862
TOTAL LIABILITIES AND EQUITY: 27,14933,18636,84653,91669,802129,209

Income Statement (P&L) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 10,87913,54020,11229,78339,28831,860
Revenue, net13,54020,11229,78339,28831,860
Cost of revenue
(Cost of Goods and Services Sold)
 (11,539)(14,915)(22,127)(31,607)(44,522)(34,085)
Gross profit: (660)(1,375)(2,015)(1,824)(5,234)(2,225)
Operating expenses (7,061)(5,882)(10,628)(11,196)(16,545)(27,008)
Other undisclosed operating income     2,0703,998
Operating loss: (7,721)(7,257)(12,643)(13,020)(19,709)(25,235)
Nonoperating income (expense) 2,8662,705(2,374)(757)298(366)
Gain on contract termination 905     
Gain (loss), foreign currency transaction, before tax (224)53(526)(34)298(366)
Other nonoperating income (expense) 2,1852,652(1,848)(723)  
Interest and debt expense      (143)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (1,297)(361)(853)(38)3,210109
Loss from continuing operations before income taxes: (6,152)(4,913)(15,870)(13,815)(16,201)(25,635)
Income tax expense (benefit) 392(188) 400(6,532)7,349
Loss from continuing operations: (5,760)(5,101)(15,870)(13,415)(22,733)(18,286)
Loss before gain (loss) on sale of properties: (5,760)(5,101)(15,870)(9,463)(23,617)(18,286)
Income (loss) from discontinued operations    3,952(884) 
Net loss available to common stockholders, diluted: (5,760)(5,101)(15,870)(9,463)(23,617)(18,286)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss: (5,760)(5,101)(15,870)(9,463)(23,617)(18,286)
Comprehensive loss: (5,760)(5,101)(15,870)(9,463)(23,617)(18,286)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (299)1,076(580)(1,792)(2,146)531
Comprehensive loss, net of tax, attributable to parent: (6,059)(4,025)(16,450)(11,255)(25,763)(17,755)

Statements Sources

The financial statements are based on the Company's filings with 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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