Matson Inc

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

About 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 28, 2025

MATX$207.77-2.0%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 exhibits

Contents

Consolidated Balance Sheets


· · As of December 31,
(In millions) · 2024 · 2023
ASSETS
Current Assets:
Cash and cash equivalents	$266.8	$134.0
Accounts receivable, net of allowance for credit losses of $9.8 million and $9.9 million, respectively	268.9	279.4
Prepaid expenses and other assets	73.9	188.9
Total current assets	609.6	602.3
Long-term Assets:
Investment in SSAT	84.1	85.5
Property and equipment, net	2,260.9	2,089.9
Operating lease right of use assets	357.7	289.6
Goodwill	327.8	327.8
Intangible assets, net	159.4	176.4
Capital Construction Fund	642.6	599.4
Deferred dry-docking costs, net	73.7	57.3
Other long-term assets	79.6	66.4
Total long-term assets	3,985.8	3,692.3
Total Assets	$4,595.4	$4,294.6

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Current portion of debt	$39.7	$39.7
Accounts payable and accruals	268.5	277.9
Operating lease liabilities	129.0	136.7
Other liabilities	123.2	108.0
Total current liabilities	560.4	562.3
Long-term Liabilities:
Long-term debt, net of deferred loan fees	350.8	389.3
Long-term operating lease liabilities	229.5	159.3
Deferred income taxes	693.4	669.3
Other long-term liabilities	109.3	113.7
Total long-term liabilities	1,383.0	1,331.6
Commitments and Contingencies (see Note 17)
Shareholders’ Equity:
Common stock - common stock without par value; authorized, 150 million shares ($0.75 stated value per share): outstanding, 33.0 million shares in 2024 and 34.4 million shares in 2023	24.7	25.8
Additional paid in capital	296.7	293.4
Accumulated other comprehensive loss, net	(6.5)	(8.2)
Retained earnings	2,337.1	2,089.7
Total shareholders’ equity	2,652.0	2,400.7
Total Liabilities and Shareholders’ Equity	$4,595.4	$4,294.6

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.