QUAKER CHEMICAL CORP
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
KWR$157.77+5.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(Dollars in thousands, except par value)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $194,527 | $180,963 |
| Accounts receivable, net | 444,950 | 472,888 |
| Inventories, net | 233,857 | 284,848 |
| Prepaid expenses and other current assets | 54,555 | 55,438 |
| Total current assets | 927,889 | 994,137 |
| Property, plant and equipment, net | 207,811 | 198,595 |
| Right of use lease assets | 38,614 | 43,766 |
| Goodwill | 512,518 | 515,008 |
| Other intangible assets, net | 896,721 | 942,925 |
| Investments in associated companies | 101,151 | 88,234 |
| Deferred tax assets | 10,737 | 11,218 |
| Other non-current assets | 18,770 | 27,739 |
| Total assets | $2,714,211 | $2,821,622 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Short-term borrowings and current portion of long-term debt | $23,444 | $19,245 |
| Accounts payable | 184,813 | 193,983 |
| Dividends payable | 8,186 | 7,808 |
| Accrued compensation | 55,194 | 39,834 |
| Accrued restructuring | 3,350 | 5,483 |
| Accrued pension and postretirement benefits | 2,208 | 1,560 |
| Other accrued liabilities | 90,315 | 86,873 |
| Total current liabilities | 367,510 | 354,786 |
| Long-term debt | 730,623 | 933,561 |
| Long-term lease liabilities | 22,937 | 26,967 |
| Deferred tax liabilities | 146,957 | 160,294 |
| Non-current accrued pension and postretirement benefits | 29,457 | 28,765 |
| Other non-current liabilities | 31,805 | 38,664 |
| Total liabilities | 1,329,289 | 1,543,037 |
| Commitments and contingencies (Note 25) | ||
| Equity | ||
| Common stock, $1 par value; authorized 30,000,000 shares; issued and outstanding 2023 – 17,991,988 shares; 2022 – 17,950,264 shares | 17,992 | 17,950 |
| Capital in excess of par value | 940,101 | 928,288 |
| Retained earnings | 550,641 | 469,920 |
| Accumulated other comprehensive loss | (124,415) | (138,240) |
| Total Quaker shareholders’ equity | 1,384,319 | 1,277,918 |
| Noncontrolling interest | 603 | 667 |
| Total equity | 1,384,922 | 1,278,585 |
| Total liabilities and equity | $2,714,211 | $2,821,622 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.