PARK OHIO HOLDINGS CORP
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 6, 2025
PKOH$46.60-0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets — December 31, 2024 and 2023
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| (In millions, except share data) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $53.1 | $54.8 |
| Accounts receivable, net | 249.5 | 263.3 |
| Inventories, net | 422.9 | 411.1 |
| Other current assets | 110.5 | 95.2 |
| Total current assets | 836.0 | 824.4 |
| Property, plant and equipment, net | 182.9 | 184.9 |
| Operating lease right-of-use assets | 40.3 | 44.7 |
| Goodwill | 111.7 | 110.2 |
| Intangible assets, net | 71.9 | 73.3 |
| Pension assets | 85.3 | 75.1 |
| Other long-term assets | 37.0 | 28.1 |
| Total assets | $1,365.1 | $1,340.7 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Trade accounts payable | $194.8 | $204.0 |
| Current portion of long-term debt and short-term debt | 8.4 | 9.4 |
| Current portion of operating lease liabilities | 10.7 | 10.6 |
| Accrued employee compensation | 35.7 | 31.8 |
| Other accrued expenses | 111.5 | 107.8 |
| Total current liabilities | 361.1 | 363.6 |
| Long-term liabilities, less current portion: | ||
| Long-term debt | 618.3 | 633.4 |
| Long-term operating lease liabilities | 29.8 | 34.4 |
| Deferred income taxes | 11.7 | 9.0 |
| Other long-term liabilities | 7.1 | 10.4 |
| Total long-term liabilities | 666.9 | 687.2 |
| Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity: | ||
| Capital stock, par value $1 a share | ||
| Serial preferred stock: Authorized -- 632,470 shares: Issued and outstanding -- none | — | — |
| Common stock: Authorized - 40,000,000 shares; Issued - 18,292,490 shares in 2024 and 17,029,938 in 2023 | 18.3 | 17.0 |
| Additional paid-in capital | 190.6 | 155.9 |
| Retained earnings | 265.2 | 240.1 |
| Treasury stock, at cost, 4,059,619 shares in 2024 and 3,958,966 shares in 2023 | (91.5) | (88.9) |
| Accumulated other comprehensive loss | (51.8) | (43.7) |
| Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity | 330.8 | 280.4 |
| Noncontrolling interests | 6.3 | 9.5 |
| Total equity | 337.1 | 289.9 |
| Total liabilities and shareholders' equity | $1,365.1 | $1,340.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.