TREDEGAR CORP

For the period ended Dec 31, 2024. Filed Mar 12, 2025.

About 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 12, 2025

TG$5.90+9.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

	December 31
	2024	2023
(In thousands, except share data)
Assets
Current assets:
Cash and cash equivalents	$7,062	$9,660
Restricted cash	—	3,391
Accounts and other receivables, net	64,817	55,615
Income taxes recoverable	—	1,182
Inventories	51,381	49,654
Prepaid expenses and other	16,567	8,817
Current assets of discontinued operations	—	48,358
Total current assets	139,827	176,677
Property, plant and equipment, at cost:
Land and land improvements	4,740	4,740
Buildings	67,871	65,465
Machinery and equipment	426,815	426,097
Total property, plant and equipment	499,426	496,302
Less: accumulated depreciation	(362,394)	(345,145)
Net property, plant and equipment	137,032	151,157
Right-of-use leased assets	14,635	11,100
Identifiable intangible assets, net	7,326	9,105
Goodwill	22,446	35,717
Deferred income tax assets	32,517	23,155
Other assets	2,448	3,442
Noncurrent assets of discontinued operations	126	36,108
Total assets	$356,357	$446,461
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$64,704	$69,328
Accrued expenses	22,168	18,606
Lease liability, short-term	2,453	1,903
Short-term debt	1,322	—
ABL revolving facility	—	126,322
Income taxes payable	320	183
Current liabilities of discontinued operations	741	32,762
Total current liabilities	91,708	249,104
Lease liability, long-term	12,993	10,396
ABL revolving facility	60,600	—
Pension and other postretirement benefit obligations, net	5,914	6,643
Deferred income tax liabilities	69	—
Other non-current liabilities	4,105	3,862
Noncurrent liabilities of discontinued operations	—	20,803
Total liabilities	175,389	290,808
Contingencies (Note 15)
Shareholders’ equity:
Common stock, no par value (authorized 150,000,000 shares, issued and outstanding— 34,661,272 shares at December 31, 2024 and 34,408,638 at December 31, 2023)	63,590	61,606
Common stock held in trust for savings restoration plan (118,543 shares at December 31, 2024 and December 31, 2023)	(2,233)	(2,233)
Accumulated other comprehensive income (loss):
Foreign currency translation adjustment	5,105	(83,037)
Gain (loss) on derivative financial instruments	268	801
Pension and other postretirement benefit adjustments	826	539
Retained earnings	113,412	177,977
Total shareholders’ equity	180,968	155,653
Total liabilities and shareholders’ equity	$356,357	$446,461

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.