Livent (LTHM) quarterly balance sheet covering the six quarters from June 2022 to September 2023, as reported to the SEC.
A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.
| Sep'23 | Jun'23 | Mar'23 | Dec'22 | Sep'22 | Jun'22 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||||||||||||||
Current assets | |||||||||||||||||||||
Cash and cash equivalents | |||||||||||||||||||||
112,600 | 167,800 | 194,100 | 189,000 | 211,600 | 49,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash and cash equivalents | 112,600 | 167,800 | 194,100 | 189,000 | 211,600 | 49,000 | 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 | |||||||||||||||||||||
110,100 | 122,300 | 112,900 | 141,600 | 164,000 | 132,800 | 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 | 110,100 | 122,300 | 112,900 | 141,600 | 164,000 | 132,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Inventories, net | |||||||||||||||||||||
202,700 | 197,800 | 184,100 | 152,300 | 141,800 | 156,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Inventories, net | 202,700 | 197,800 | 184,100 | 152,300 | 141,800 | 156,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Prepaid and other current assets | |||||||||||||||||||||
52,800 | 44,800 | 67,500 | 61,100 | 56,500 | 48,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Prepaid and other current assets | 52,800 | 44,800 | 67,500 | 61,100 | 56,500 | 48,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current assets | |||||||||||||||||||||
478,200 | 532,700 | 558,600 | 544,000 | 573,900 | 386,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current assets | 478,200 | 532,700 | 558,600 | 544,000 | 573,900 | 386,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments | |||||||||||||||||||||
504,800 | 455,700 | 453,300 | 440,300 | 433,900 | 421,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Investments | 504,800 | 455,700 | 453,300 | 440,300 | 433,900 | 421,300 | 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 | |||||||||||||||||||||
1,215,400 | 1,137,400 | 1,040,000 | 968,300 | 882,200 | 803,200 | 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 | 1,215,400 | 1,137,400 | 1,040,000 | 968,300 | 882,200 | 803,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Intangibles assets, net | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Intangibles assets, net | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income taxes | |||||||||||||||||||||
400 | 100 | 700 | 400 | 500 | 600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income taxes | 400 | 100 | 700 | 400 | 500 | 600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Right of use assets - operating leases, net | |||||||||||||||||||||
6,400 | 6,800 | 5,500 | 4,800 | 4,900 | 5,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Right of use assets - operating leases, net | 6,400 | 6,800 | 5,500 | 4,800 | 4,900 | 5,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other assets | |||||||||||||||||||||
155,900 | 151,100 | 122,200 | 116,400 | 111,900 | 104,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other assets | 155,900 | 151,100 | 122,200 | 116,400 | 111,900 | 104,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total assets | |||||||||||||||||||||
2,361,100 | 2,283,800 | 2,180,300 | 2,074,200 | 2,007,300 | 1,721,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total assets | 2,361,100 | 2,283,800 | 2,180,300 | 2,074,200 | 2,007,300 | 1,721,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
LIABILITIES AND EQUITY | |||||||||||||||||||||
Current liabilities | |||||||||||||||||||||
Current portion of long-term debt | |||||||||||||||||||||
- | - | - | - | 13,500 | 13,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Current portion of long-term debt | - | - | - | - | 13,500 | 13,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accounts payable, trade and other | |||||||||||||||||||||
71,100 | 80,500 | 64,700 | 81,700 | 72,200 | 82,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts payable, trade and other | 71,100 | 80,500 | 64,700 | 81,700 | 72,200 | 82,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued and other current liabilities | |||||||||||||||||||||
55,000 | 54,500 | 36,200 | 37,400 | 68,900 | 49,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued and other current liabilities | 55,000 | 54,500 | 36,200 | 37,400 | 68,900 | 49,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued customer rebates | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued customer rebates | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Contract liability - short-term | |||||||||||||||||||||
9,700 | 2,300 | 2,500 | 15,500 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Contract liability - short-term | 9,700 | 2,300 | 2,500 | 15,500 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease liabilities - current | |||||||||||||||||||||
1,100 | 1,000 | 1,100 | 900 | 1,000 | 1,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease liabilities - current | 1,100 | 1,000 | 1,100 | 900 | 1,000 | 1,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income taxes | |||||||||||||||||||||
1,400 | 3,200 | 27,600 | 13,200 | 7,400 | 1,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income taxes | 1,400 | 3,200 | 27,600 | 13,200 | 7,400 | 1,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current liabilities | |||||||||||||||||||||
138,300 | 141,500 | 132,100 | 148,700 | 163,000 | 148,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current liabilities | 138,300 | 141,500 | 132,100 | 148,700 | 163,000 | 148,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Long-term debt | |||||||||||||||||||||
243,100 | 242,700 | 242,300 | 241,900 | 241,600 | 241,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Long-term debt | 243,100 | 242,700 | 242,300 | 241,900 | 241,600 | 241,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease liabilities - long-term | |||||||||||||||||||||
5,500 | 6,000 | 4,500 | 4,200 | 4,100 | 4,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease liabilities - long-term | 5,500 | 6,000 | 4,500 | 4,200 | 4,100 | 4,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Environmental liabilities | |||||||||||||||||||||
6,500 | 6,500 | 6,500 | 6,400 | 5,700 | 5,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Environmental liabilities | 6,500 | 6,500 | 6,500 | 6,400 | 5,700 | 5,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income taxes | |||||||||||||||||||||
11,700 | 18,500 | 17,800 | 16,100 | 23,600 | 24,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income taxes | 11,700 | 18,500 | 17,800 | 16,100 | 23,600 | 24,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Contract liability - long-term | |||||||||||||||||||||
198,000 | 198,000 | 198,000 | 198,000 | 198,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Contract liability - long-term | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other long-term liabilities | |||||||||||||||||||||
17,400 | 17,600 | 18,100 | 15,900 | 16,700 | 16,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other long-term liabilities | 17,400 | 17,600 | 18,100 | 15,900 | 16,700 | 16,200 | 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 | |||||||||||||||||||||
620,500 | 630,800 | 619,300 | 631,200 | 652,700 | 441,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current and long-term liabilities | 620,500 | 630,800 | 619,300 | 631,200 | 652,700 | 441,300 | 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 | 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 | 100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net parent investment | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net parent investment | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Capital in excess of par value of common stock | |||||||||||||||||||||
1,166,700 | 1,164,300 | 1,161,900 | 1,160,400 | 1,157,800 | 1,155,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Capital in excess of par value of common stock | 1,166,700 | 1,164,300 | 1,161,900 | 1,160,400 | 1,157,800 | 1,155,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Retained earnings | |||||||||||||||||||||
626,800 | 539,400 | 449,200 | 334,400 | 251,700 | 174,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Retained earnings | 626,800 | 539,400 | 449,200 | 334,400 | 251,700 | 174,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated other comprehensive loss | |||||||||||||||||||||
-52,100 | -49,900 | -49,300 | -51,000 | -54,200 | -48,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated other comprehensive loss | -52,100 | -49,900 | -49,300 | -51,000 | -54,200 | -48,300 | 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 | 900 | 900 | 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 | 900 | 900 | 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 | |||||||||||||||||||||
- | - | - | - | - | 900 | 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 | - | - | - | - | - | 900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total equity | |||||||||||||||||||||
1,740,600 | 1,653,000 | 1,561,000 | 1,443,000 | 1,354,600 | 1,280,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total equity | 1,740,600 | 1,653,000 | 1,561,000 | 1,443,000 | 1,354,600 | 1,280,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total liabilities and equity | |||||||||||||||||||||
2,361,100 | 2,283,800 | 2,180,300 | 2,074,200 | 2,007,300 | 1,721,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total liabilities and equity | 2,361,100 | 2,283,800 | 2,180,300 | 2,074,200 | 2,007,300 | 1,721,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||