CENTRUS ENERGY CORP
For the period ended Mar 31, 2024. Filed May 8, 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.
Mar 31, 2024 · Filed May 8, 2024
LEU$104.60+17.5%Stored close · as of Nov 6, 2026
Contents
Consolidated Balance Sheets at March and December 31,
CONSOLIDATED BALANCE SHEETS
(Unaudited; in millions, except share and per share data)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $209.3 | $201.2 |
| Accounts receivable | 19.9 | 49.4 |
| Inventories | 279.2 | 306.4 |
| Deferred costs associated with deferred revenue | 117.6 | 117.6 |
| Other current assets | 30.5 | 10.8 |
| Total current assets | 656.5 | 685.4 |
| Property, plant and equipment, net of accumulated depreciation of $4.4 million as of March 31, 2024 and $4.3 million as of December 31, 2023 | 7.6 | 7.0 |
| Deposits for financial assurance | 13.7 | 32.4 |
| Intangible assets, net | 38.3 | 39.4 |
| Deferred tax assets | 30.6 | 28.5 |
| Other long-term assets | 3.3 | 3.5 |
| Total assets | $750.0 | $796.2 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $36.7 | $41.9 |
| Payables under inventory purchase agreements | 67.6 | 41.9 |
| Inventories owed to customers and suppliers | 21.6 | 84.3 |
| Deferred revenue and advances from customers | 283.0 | 282.6 |
| Short-term inventory loans | 40.2 | 14.3 |
| Current debt | 6.1 | 6.1 |
| Total current liabilities | 455.2 | 471.1 |
| Long-term debt | 86.5 | 89.6 |
| Postretirement health and life benefit obligations | 79.0 | 81.2 |
| Pension benefit liabilities | 16.9 | 17.3 |
| Advances from customers | 32.8 | 32.8 |
| Long-term inventory loans | 37.5 | 63.1 |
| Other long-term liabilities | 8.3 | 8.8 |
| Total liabilities | 716.2 | 763.9 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Preferred stock, par value $1.00 per share, 20,000,000 shares authorized | ||
| Series A Participating Cumulative Preferred Stock, none issued | — | — |
| Series B Senior Preferred Stock, none issued | — | — |
| Class A Common Stock, par value $0.10 per share, 70,000,000 shares authorized, 15,281,474 and 14,956,434 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 1.5 | 1.5 |
| Class B Common Stock, par value $0.10 per share, 30,000,000 shares authorized, 719,200 shares issued and outstanding as of March 31, 2024 and December 31, 2023 | 0.1 | 0.1 |
| Excess of capital over par value | 188.2 | 180.5 |
| Accumulated deficit | (155.6) | (149.5) |
| Accumulated other comprehensive loss | (0.4) | (0.3) |
| Total stockholders’ equity | 33.8 | 32.3 |
| Total liabilities and stockholders’ equity | $750.0 | $796.2 |
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