Livent (LTHM) annual balance sheet covering fiscal 2017 through 2022, as reported to the SEC.
Total assets have grown 33.1% a year on average since fiscal 2017, from $496.2M to $2.07B, rising in every year shown.
A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.
| Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||||||||||||||
Current assets | |||||||||||||||||||||
Cash and cash equivalents | |||||||||||||||||||||
189,000 | 113,000 | 11,600 | 16,800 | 28,300 | 1,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash and cash equivalents | 189,000 | 113,000 | 11,600 | 16,800 | 28,300 | 1,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Trade receivables, net of allowance of approximately $0.3 in 2022 and $0.3 in 2021 | |||||||||||||||||||||
141,600 | 96,400 | 76,300 | 90,000 | 141,400 | 122,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Trade receivables, net of allowance of approximately $0.3 in 2022 and $0.3 in 2021 | 141,600 | 96,400 | 76,300 | 90,000 | 141,400 | 122,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Inventories, net | |||||||||||||||||||||
152,300 | 134,600 | 105,600 | 113,400 | 73,300 | 49,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Inventories, net | 152,300 | 134,600 | 105,600 | 113,400 | 73,300 | 49,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Prepaid and other current assets | |||||||||||||||||||||
61,100 | 55,300 | 56,300 | 51,800 | 59,800 | 32,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Prepaid and other current assets | 61,100 | 55,300 | 56,300 | 51,800 | 59,800 | 32,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current assets | |||||||||||||||||||||
544,000 | 399,300 | 249,800 | 272,000 | 302,800 | 206,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current assets | 544,000 | 399,300 | 249,800 | 272,000 | 302,800 | 206,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments | |||||||||||||||||||||
440,300 | 27,200 | 23,800 | 2,200 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Investments | 440,300 | 27,200 | 23,800 | 2,200 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Property, plant and equipment, net of accumulated depreciation of $260.8 in 2023 and $253.1 in 2022 | |||||||||||||||||||||
968,300 | 677,900 | 545,300 | 468,800 | 275,700 | 220,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property, plant and equipment, net of accumulated depreciation of $260.8 in 2023 and $253.1 in 2022 | 968,300 | 677,900 | 545,300 | 468,800 | 275,700 | 220,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income taxes | |||||||||||||||||||||
400 | 900 | 13,400 | 8,200 | 3,000 | 2,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income taxes | 400 | 900 | 13,400 | 8,200 | 3,000 | 2,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Right of use assets - operating leases, net | |||||||||||||||||||||
4,800 | 6,300 | 16,100 | 16,900 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Right of use assets - operating leases, net | 4,800 | 6,300 | 16,100 | 16,900 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other assets | |||||||||||||||||||||
116,400 | 90,900 | 88,400 | 91,500 | 80,000 | 67,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other assets | 116,400 | 90,900 | 88,400 | 91,500 | 80,000 | 67,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total assets | |||||||||||||||||||||
2,074,200 | 1,202,500 | 936,800 | 859,600 | 661,500 | 496,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total assets | 2,074,200 | 1,202,500 | 936,800 | 859,600 | 661,500 | 496,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
LIABILITIES AND EQUITY | |||||||||||||||||||||
Current liabilities | |||||||||||||||||||||
Accounts payable, trade and other | |||||||||||||||||||||
81,700 | 65,400 | 43,900 | 83,100 | 72,000 | 59,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts payable, trade and other | 81,700 | 65,400 | 43,900 | 83,100 | 72,000 | 59,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued and other current liabilities | |||||||||||||||||||||
37,400 | 61,800 | 36,700 | 36,400 | 46,800 | 21,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued and other current liabilities | 37,400 | 61,800 | 36,700 | 36,400 | 46,800 | 21,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued customer rebates | |||||||||||||||||||||
- | - | 300 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued customer rebates | - | - | 300 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Contract liability - short-term | |||||||||||||||||||||
15,500 | - | - | - | - | 1,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Contract liability - short-term | 15,500 | - | - | - | - | 1,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease liabilities - current | |||||||||||||||||||||
900 | 1,100 | 1,400 | 2,100 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease liabilities - current | 900 | 1,100 | 1,400 | 2,100 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income taxes | |||||||||||||||||||||
13,200 | 3,000 | - | 900 | 1,400 | 3,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income taxes | 13,200 | 3,000 | - | 900 | 1,400 | 3,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current liabilities | |||||||||||||||||||||
148,700 | 131,300 | 82,300 | 122,500 | 120,200 | 86,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current liabilities | 148,700 | 131,300 | 82,300 | 122,500 | 120,200 | 86,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Long-term debt | |||||||||||||||||||||
241,900 | 240,400 | 274,600 | 154,600 | 34,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Long-term debt | 241,900 | 240,400 | 274,600 | 154,600 | 34,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease liabilities - long-term | |||||||||||||||||||||
4,200 | 5,400 | 14,800 | 15,400 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease liabilities - long-term | 4,200 | 5,400 | 14,800 | 15,400 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Environmental liabilities | |||||||||||||||||||||
6,400 | 5,600 | 6,100 | 6,400 | 5,900 | 5,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Environmental liabilities | 6,400 | 5,600 | 6,100 | 6,400 | 5,900 | 5,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income taxes | |||||||||||||||||||||
16,100 | 12,700 | 5,600 | 6,700 | 2,500 | 8,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income taxes | 16,100 | 12,700 | 5,600 | 6,700 | 2,500 | 8,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Contract liability - long-term | |||||||||||||||||||||
198,000 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Contract liability - long-term | 198,000 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other long-term liabilities | |||||||||||||||||||||
15,900 | 11,700 | 17,200 | 10,000 | 9,300 | 10,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other long-term liabilities | 15,900 | 11,700 | 17,200 | 10,000 | 9,300 | 10,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Commitments and contingent liabilities (Note 13) | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commitments and contingent liabilities (Note 13) | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current and long-term liabilities | |||||||||||||||||||||
631,200 | 407,100 | 400,600 | 315,600 | 171,900 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current and long-term liabilities | 631,200 | 407,100 | 400,600 | 315,600 | 171,900 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Common stock; $0.001 par value; 2 billion shares authorized; 179,837,555 and 179,652,125 shares issued; 179,729,437 and 179,548,550 outstanding as of September 30, 2023 and December 31, 2022, respectively | |||||||||||||||||||||
100 | 100 | 100 | 100 | 100 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common stock; $0.001 par value; 2 billion shares authorized; 179,837,555 and 179,652,125 shares issued; 179,729,437 and 179,548,550 outstanding as of September 30, 2023 and December 31, 2022, respectively | 100 | 100 | 100 | 100 | 100 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net parent investment | |||||||||||||||||||||
- | - | - | - | - | 431,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net parent investment | - | - | - | - | - | 431,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Capital in excess of par value of common stock | |||||||||||||||||||||
1,160,400 | 778,100 | 520,900 | 516,400 | 512,300 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Capital in excess of par value of common stock | 1,160,400 | 778,100 | 520,900 | 516,400 | 512,300 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Retained earnings | |||||||||||||||||||||
334,400 | 60,900 | 60,300 | 76,600 | 26,400 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Retained earnings | 334,400 | 60,900 | 60,300 | 76,600 | 26,400 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated other comprehensive loss | |||||||||||||||||||||
-51,000 | -42,900 | -44,400 | -48,300 | -49,200 | -45,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated other comprehensive loss | -51,000 | -42,900 | -44,400 | -48,300 | -49,200 | -45,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Treasury stock, at cost; 108,118 and 103,575 shares as of September 30, 2023 and December 31, 2022, respectively | |||||||||||||||||||||
900 | 800 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Treasury stock, at cost; 108,118 and 103,575 shares as of September 30, 2023 and December 31, 2022, respectively | 900 | 800 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Treasury stock, at cost; 103,676 and 101,618 shares as of June 30, 2022 and December 31, 2021, respectively | |||||||||||||||||||||
- | - | 700 | 800 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Treasury stock, at cost; 103,676 and 101,618 shares as of June 30, 2022 and December 31, 2021, respectively | - | - | 700 | 800 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total equity | |||||||||||||||||||||
1,443,000 | 795,400 | 536,200 | 544,000 | 489,600 | 385,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total equity | 1,443,000 | 795,400 | 536,200 | 544,000 | 489,600 | 385,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total liabilities and equity | |||||||||||||||||||||
2,074,200 | 1,202,500 | 936,800 | 859,600 | 661,500 | 496,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total liabilities and equity | 2,074,200 | 1,202,500 | 936,800 | 859,600 | 661,500 | 496,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||