Metallus Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 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 (Unaudited)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| (Dollars in millions) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $254.6 | $280.6 |
| Accounts receivable, net of allowances (2024 - $1.5 million; 2023 - $2.0 million) | 105.1 | 113.2 |
| Inventories, net | 218.0 | 228.0 |
| Deferred charges and prepaid expenses | 17.8 | 10.3 |
| Other current assets | 6.5 | 24.7 |
| Total Current Assets | 602.0 | 656.8 |
| Property, plant and equipment, net | 496.3 | 492.5 |
| Operating lease right-of-use assets | 11.6 | 11.4 |
| Pension assets | 6.9 | 9.9 |
| Intangible assets, net | 4.0 | 2.7 |
| Other non-current assets | 12.6 | 2.0 |
| Total Assets | $1,133.4 | $1,175.3 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $113.3 | $133.3 |
| Salaries, wages and benefits | 19.9 | 26.8 |
| Accrued pension and postretirement costs | 17.7 | 43.5 |
| Current operating lease liabilities | 5.1 | 5.0 |
| Current convertible notes, net | 13.2 | 13.2 |
| Government funding liabilities | 45.5 | — |
| Other current liabilities | 13.5 | 26.6 |
| Total Current Liabilities | 228.2 | 248.4 |
| Credit Agreement | — | — |
| Non-current operating lease liabilities | 6.5 | 6.4 |
| Accrued pension and postretirement costs | 157.2 | 160.5 |
| Deferred income taxes | 15.1 | 15.0 |
| Other non-current liabilities | 13.7 | 13.4 |
| Total Liabilities | 420.7 | 443.7 |
| 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 2024 - 48.2 million shares and 2023 - 47.1 million shares | — | — |
| Additional paid-in capital | 840.4 | 844.2 |
| Retained deficit | (31.0) | (53.7) |
| Treasury shares - 2024 - 5.7 million; 2023 - 4.0 million | (105.1) | (71.3) |
| Accumulated other comprehensive income (loss) | 8.4 | 12.4 |
| Total Shareholders’ Equity | 712.7 | 731.6 |
| Total Liabilities and Shareholders’ Equity | $1,133.4 | $1,175.3 |
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