CENTRUS ENERGY CORP
For the period ended Jun 30, 2024. Filed Aug 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.
Jun 30, 2024 · Filed Aug 7, 2024
LEU$104.60+17.5%Stored close · as of Nov 6, 2026
Contents
Consolidated Balance Sheets at June, 2024 and December 31, 2023
CONSOLIDATED BALANCE SHEETS
(Unaudited; in millions, except share and per share data)
| June 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $227.0 | $201.2 |
| Accounts receivable | 34.5 | 49.4 |
| Inventories | 195.3 | 306.4 |
| Deferred costs associated with deferred revenue | 94.8 | 117.6 |
| Other current assets | 40.9 | 10.8 |
| Total current assets | 592.5 | 685.4 |
| Property, plant and equipment, net of accumulated depreciation of $4.7 million and $4.3 million as of June 30, 2024 and December 31, 2023, respectively | 8.7 | 7.0 |
| Deposits for financial assurance | 2.6 | 32.4 |
| Intangible assets, net | 34.6 | 39.4 |
| Deferred tax assets | 22.2 | 28.5 |
| Other long-term assets | 7.6 | 3.5 |
| Total assets | $668.2 | $796.2 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $34.2 | $41.9 |
| Payables under inventory purchase agreements | 37.7 | 41.9 |
| Inventories owed to customers and suppliers | 1.1 | 84.3 |
| Deferred revenue and advances from customers | 257.4 | 282.6 |
| Short-term inventory loans | 53.0 | 14.3 |
| Current debt | 6.1 | 6.1 |
| Total current liabilities | 389.5 | 471.1 |
| Long-term debt | 86.5 | 89.6 |
| Postretirement health and life benefit obligations | 77.2 | 81.2 |
| Pension benefit liabilities | 4.2 | 17.3 |
| Advances from customers | — | 32.8 |
| Long-term inventory loans | 26.2 | 63.1 |
| Other long-term liabilities | 8.0 | 8.8 |
| Total liabilities | 591.6 | 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, 15,560,980 and 14,956,434 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively | 1.6 | 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 June 30, 2024 and December 31, 2023 | 0.1 | 0.1 |
| Excess of capital over par value | 200.3 | 180.5 |
| Accumulated deficit | (125.0) | (149.5) |
| Accumulated other comprehensive loss | (0.4) | (0.3) |
| Total stockholders’ equity | 76.6 | 32.3 |
| Total liabilities and stockholders’ equity | $668.2 | $796.2 |
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