Ryerson Holding Corp
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
RYZ$30.10+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at December 31, 2023 and 2022
CONSOLIDATED BALANCE SHEETS
(In millions, except shares and per share data)
| At December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $54.3 | $39.2 |
| Restricted cash (Note 3) | 1.1 | 1.3 |
| Receivables less provisions of $1.7 at December 31, 2023 and $3.2 at December 31, 2022 (Note 17) | 467.7 | 514.4 |
| Inventories (Note 4) | 782.5 | 798.5 |
| Prepaid expenses and other current assets | 77.8 | 88.2 |
| Total current assets | 1,383.4 | 1,441.6 |
| Property, plant, and equipment, net of accumulated depreciation (Note 5) | 589.6 | 458.4 |
| Operating lease assets (Note 6) | 349.4 | 240.5 |
| Other intangible assets (Note 7) | 73.7 | 50.9 |
| Goodwill (Note 8) | 157.8 | 129.2 |
| Deferred charges and other assets | 15.7 | 13.7 |
| Total assets | $2,569.6 | $2,334.3 |
| Liabilities | ||
| Current liabilities: | ||
| Accounts payable | $463.4 | $438.4 |
| Accrued liabilities: | ||
| Salaries, wages, and commissions | 51.9 | 67.3 |
| Other accrued liabilities | 75.9 | 77.7 |
| Short-term debt (Note 9) | 8.2 | 5.8 |
| Current portion of operating lease liabilities (Note 6) | 30.5 | 25.2 |
| Current portion of deferred employee benefits (Note 10) | 4.0 | 4.8 |
| Total current liabilities | 633.9 | 619.2 |
| Long-term debt (Note 9) | 428.3 | 361.2 |
| Deferred employee benefits (Note 10) | 106.7 | 118.0 |
| Noncurrent operating lease liabilities (Note 6) | 336.8 | 215.1 |
| Deferred income taxes (Note 18) | 135.5 | 113.5 |
| Other noncurrent liabilities | 13.9 | 14.3 |
| Total liabilities | 1,655.1 | 1,441.3 |
| Commitments and contingencies (Note 12) | ||
| Equity | ||
| Ryerson Holding Corporation stockholders’ equity: | ||
| Preferred stock, $0.01 par value; 7,000,000 shares authorized and no shares issued at December 31, 2023 and December 31, 2022 | — | — |
| Common stock, $0.01 par value; 100,000,000 shares authorized and 39,450,659 shares issued at December 31, 2023; 100,000,000 shares authorized and 39,059,198 issued at December 31, 2022 | 0.4 | 0.4 |
| Capital in excess of par value | 411.6 | 397.7 |
| Retained earnings | 813.2 | 692.5 |
| Treasury stock at cost – Common stock of 5,413,434 shares at December 31, 2023 and 2,070,654 shares at December 31, 2022 | (179.3) | (61.1) |
| Accumulated other comprehensive loss (Note 15) | (140.0) | (144.4) |
| Total Ryerson Holding Corporation stockholders’ equity | 905.9 | 885.1 |
| Noncontrolling interest | 8.6 | 7.9 |
| Total equity | 914.5 | 893.0 |
| Total liabilities and equity | $2,569.6 | $2,334.3 |
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