MERCER INTERNATIONAL INC
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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.
FY2023 · Filed Feb 15, 2024
MERC$0.24-7.3%Stored close · as of Nov 9, 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, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $313,992 | $354,032 |
| Accounts receivable, net | 306,166 | 351,993 |
| Inventories | 414,161 | 450,470 |
| Prepaid expenses and other | 23,461 | 21,680 |
| Assets classified as held for sale | 35,125 | — |
| Total current assets | 1,092,905 | 1,178,175 |
| Property, plant and equipment, net | 1,409,937 | 1,341,322 |
| Investment in joint ventures | 41,665 | 45,635 |
| Amortizable intangible assets, net | 52,641 | 61,497 |
| Goodwill | 35,381 | 30,937 |
| Operating lease right-of-use assets | 11,725 | 15,049 |
| Pension asset | 5,588 | 4,397 |
| Other long-term assets | 12,736 | 48,025 |
| Total assets | $2,662,578 | $2,725,037 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable and other | $278,986 | $377,306 |
| Pension and other post-retirement benefit obligations | 826 | 755 |
| Liabilities associated with assets held for sale | 6,625 | — |
| Total current liabilities | 286,437 | 378,061 |
| Long-term debt | 1,609,425 | 1,346,508 |
| Pension and other post-retirement benefit obligations | 12,483 | 12,178 |
| Operating lease liabilities | 7,755 | 9,475 |
| Other long-term liabilities | 13,744 | 14,072 |
| Deferred income tax | 97,324 | 125,959 |
| Total liabilities | 2,027,168 | 1,886,253 |
| Shareholders’ equity | ||
| Common shares $1 par value; 200,000,000 authorized; 66,525,000 issued and outstanding (2022 – 66,167,000) | 66,471 | 66,132 |
| Additional paid-in capital | 359,497 | 354,495 |
| Retained earnings | 336,113 | 598,119 |
| Accumulated other comprehensive loss | (126,671) | (179,962) |
| Total shareholders’ equity | 635,410 | 838,784 |
| Total liabilities and shareholders’ equity | $2,662,578 | $2,725,037 |
| Commitments and contingencies (Note 23) | ||
| Subsequent event (Note 16) | ||
(90)
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.