Superior Industries International, Inc. (SUP) Financial Statements (2024 and earlier)

Company Profile

Business Address 26600 TELEGRAPH ROAD
SOUTHFIELD, MI 48033
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3714 - Motor Vehicle Parts and Accessories (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments213113152784847
Cash and cash equivalents213113152784746
Short-term investments     11
Receivables75885481111160
Inventory, net of allowances, customer advances and progress billings179172155168176174
Inventory179172155168176174
Other current assets423022263529
Other undisclosed current assets      7
Total current assets:509404384354370417
Noncurrent Assets
Inventory, Noncurrent    1198
Finance lease, right-of-use asset, after accumulated amortization    3
Operating lease, right-of-use asset    15
Property, plant and equipment474494522529533537
Intangible assets, net (including goodwill)5177111322460508
Goodwill    185291305
Intangible assets, net (excluding goodwill)5177111137168203
Deferred income tax assets352831 
Other noncurrent assets645162684735
Other undisclosed noncurrent assets    103346
Total noncurrent assets:6256507269581,0811,134
TOTAL ASSETS:1,1341,0541,1091,3121,4521,551
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities232226225187175191
Taxes payable12324
Accounts payable158153152123107118
Accrued liabilities747271616669
Debt1366434
Other undisclosed current liabilities6     
Total current liabilities:251232231191178195
Noncurrent Liabilities
Long-term debt and lease obligation616602625611661680
Long-term debt, excluding current maturities616602625611661680
Liabilities, other than long-term debt688993747782
Deferred tax liabilities, net1929
Deferred income tax liabilities349 
Liability for uncertainty in income taxes988796
Other liabilities567776684947
Other undisclosed noncurrent liabilities     35
Total noncurrent liabilities:684692719685742766
Total liabilities:935924950876920961
Temporary equity, carrying amount224201181168158145
Equity
Equity, attributable to parent, including:(25)(70)(22)252373394
Common stock      90
Accumulated other comprehensive loss(89)(126)(99)(100)(105)(89)
Retained earnings (accumulated deficit)(47)(48)(17)258391393
Other undisclosed equity, attributable to parent111103959388 
Equity, attributable to noncontrolling interest      52
Total equity:(25)(70)(22)252373446
Other undisclosed liabilities and equity    16  
TOTAL LIABILITIES AND EQUITY:1,1341,0541,1091,3121,4521,551

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues1,6401,3851,1011,3721,5021,108
Revenue, net1,108
Cost of revenue
(Cost of Goods and Services Sold)
(1,474)(1,270)(1,035)(1,256)(1,338)(1,005)
Gross profit:16611566116164103
Operating expenses(68)(59)(246)(166)(78)(81)
Other undisclosed operating loss      
Operating income (loss):9855(180)(50)8622
Nonoperating income (expense)(1)(2)(3)10(8)26
Investment income, nonoperating   24(0)(1)
Gain (loss), foreign currency transaction, before tax   (2)1(1)13
Other nonoperating income (expense)(1)(2)(3)5(7)13
Interest and debt expense(0)(0)(4)(5)(4)(7)
Other undisclosed loss from continuing operations before equity method investments, income taxes   (41)(48)(41)(39)
Income (loss) from continuing operations before equity method investments, income taxes:9753(229)(93)321
Other undisclosed loss from continuing operations before income taxes(46)(42)    
Income (loss) from continuing operations before income taxes:5111(229)(93)321
Income tax expense(14)(7)(15)(3)(6)(7)
Income (loss) from continuing operations:374(244)(96)26(6)
Income (loss) before gain (loss) on sale of properties:4(244)(96)26(6)
Net income (loss):374(244)(96)26(6)
Net loss attributable to noncontrolling interest      (0)
Net income (loss) attributable to parent:374(244)(96)26(6)
Other undisclosed net loss available to common stockholders, basic(37)(34)(32)(32)(19)(19)
Net income (loss) available to common stockholders, diluted:1(30)(276)(128)7(25)

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):374(244)(96)26(6)
Other comprehensive income (loss)37(6)(14)11(16)(2)
Comprehensive income (loss):74(2)(257)(86)10(8)
Comprehensive loss, net of tax, attributable to noncontrolling interest      (0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(21)14(5) 37
Comprehensive income (loss), net of tax, attributable to parent:74(23)(243)(91)1030

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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