Metallus Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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.
FY2024 · Filed Feb 27, 2025
MTUS$17.47+4.9%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, | ||
|---|---|---|
| 2024 | 2023 | |
| (Dollars in millions) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $240.7 | $280.6 |
| Accounts receivable, net of allowances (2024 - $1.7 million; 2023 - $2.0 million) | 90.8 | 113.2 |
| Inventories, net | 219.8 | 228.0 |
| Deferred charges and prepaid expenses | 29.9 | 10.3 |
| Other current assets | 6.1 | 24.7 |
| Total Current Assets | 587.3 | 656.8 |
| Property, plant and equipment, net | 507.3 | 492.5 |
| Operating lease right-of-use assets | 11.7 | 11.4 |
| Pension assets | 5.5 | 9.9 |
| Intangible assets, net | 3.4 | 2.7 |
| Other non-current assets | 1.5 | 2.0 |
| Total Assets | $1,116.7 | $1,175.3 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $119.2 | $133.3 |
| Salaries, wages and benefits | 16.8 | 26.8 |
| Accrued pension and postretirement costs | 66.5 | 43.5 |
| Current operating lease liabilities | 4.8 | 5.0 |
| Current convertible notes, net | 5.4 | 13.2 |
| Government funding liabilities | 53.5 | — |
| Other current liabilities | 15.3 | 26.6 |
| Total Current Liabilities | 281.5 | 248.4 |
| Credit Agreement | — | — |
| Non-current operating lease liabilities | 6.9 | 6.4 |
| Accrued pension and postretirement costs | 110.2 | 160.5 |
| Deferred income taxes | 14.3 | 15.0 |
| Other non-current liabilities | 13.3 | 13.4 |
| Total Liabilities | 426.2 | 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; issued 2023 - 47.1 million shares | — | — |
| Additional paid-in capital | 843.9 | 844.2 |
| Retained deficit | (52.4) | (53.7) |
| Treasury shares - 2024 - 5.9 million; 2023 - 4.0 million | (108.7) | (71.3) |
| Accumulated other comprehensive income (loss) | 7.7 | 12.4 |
| Total Shareholders’ Equity | 690.5 | 731.6 |
| Total Liabilities and Shareholders’ Equity | $1,116.7 | $1,175.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.