Metallus Inc
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
MTUS$17.47+4.9%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
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (Dollars in millions) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $280.6 | $257.2 |
| Accounts receivable, net of allowances (2023 - $2.0 million; 2022 - $1.0 million) | 113.2 | 79.4 |
| Inventories, net | 228.0 | 192.4 |
| Deferred charges and prepaid expenses | 10.3 | 6.4 |
| Other current assets | 24.7 | 21.2 |
| Total Current Assets | 656.8 | 556.6 |
| Property, plant and equipment, net | 492.5 | 486.1 |
| Operating lease right-of-use assets | 11.4 | 12.5 |
| Pension assets | 9.9 | 19.4 |
| Intangible assets, net | 2.7 | 5.0 |
| Other non-current assets | 2.0 | 2.4 |
| Total Assets | $1,175.3 | $1,082.0 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $133.3 | $113.2 |
| Salaries, wages and benefits | 26.8 | 21.2 |
| Accrued pension and postretirement costs | 43.5 | 2.0 |
| Current operating lease liabilities | 5.0 | 6.0 |
| Current convertible notes, net | 13.2 | 20.4 |
| Other current liabilities | 26.6 | 23.9 |
| Total Current Liabilities | 248.4 | 186.7 |
| Credit Agreement | — | — |
| Non-current operating lease liabilities | 6.4 | 6.5 |
| Accrued pension and postretirement costs | 160.5 | 162.9 |
| Deferred income taxes | 15.0 | 25.9 |
| Other non-current liabilities | 13.4 | 13.5 |
| Total Liabilities | 443.7 | 395.5 |
| Shareholders’ Equity | ||
| Preferred shares, without par value; authorized 10.0 million shares, none issued | — | — |
| Common shares, without par value; authorized 200.0 million shares; issued 2023 - 47.1 million shares; issued 2022 - 47.1 million shares | — | — |
| Additional paid-in capital | 844.2 | 847.0 |
| Retained deficit | (53.7) | (123.1) |
| Treasury shares - 2023 - 4.0 million; 2022 - 3.0 million | (71.3) | (52.1) |
| Accumulated other comprehensive income (loss) | 12.4 | 14.7 |
| Total Shareholders’ Equity | 731.6 | 686.5 |
| Total Liabilities and Shareholders’ Equity | $1,175.3 | $1,082.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.