Ingevity Corp
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
NGVT$60.78-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| In millions, except share and par value data | 2023 | 2022 |
| Assets | ||
| Cash and cash equivalents | $95.9 | $76.7 |
| Accounts receivable, net of allowance of $1.1 million - 2023 and $0.5 million - 2022 | 182.0 | 224.8 |
| Inventories, net | 308.8 | 335.0 |
| Prepaid and other current assets | 71.9 | 46.8 |
| Current assets | 658.6 | 683.3 |
| Property, plant, and equipment, net | 762.2 | 798.6 |
| Operating lease assets, net | 67.1 | 56.6 |
| Goodwill | 527.5 | 518.5 |
| Other intangibles, net | 336.1 | 404.8 |
| Deferred income taxes | 11.6 | 5.7 |
| Restricted investment, net of allowance of $0.2 million - 2023 and $0.6 million - 2022 | 79.1 | 78.0 |
| Strategic investments | 99.2 | 109.8 |
| Other assets | 81.9 | 81.2 |
| Total Assets | $2,623.3 | $2,736.5 |
| Liabilities | ||
| Accounts payable | $158.4 | $174.8 |
| Accrued expenses | 72.3 | 54.4 |
| Accrued payroll and employee benefits | 19.9 | 53.3 |
| Current operating lease liabilities | 18.7 | 16.5 |
| Notes payable and current maturities of long-term debt | 84.4 | 0.9 |
| Income taxes payable | 9.2 | 3.6 |
| Current liabilities | 362.9 | 303.5 |
| Long-term debt including finance lease obligations | 1,382.8 | 1,472.5 |
| Noncurrent operating lease liabilities | 48.6 | 40.8 |
| Deferred income taxes | 70.9 | 106.5 |
| Other liabilities | 126.7 | 114.9 |
| Total Liabilities | 1,991.9 | 2,038.2 |
| Equity | ||
| Preferred stock (par value $0.01 per share; 50,000,000 shares authorized; zero issued and outstanding at 2023 and 2022) | — | — |
| Common stock (par value $0.01 per share; 300,000,000 shares authorized; 43,446,513 and 43,228,172 issued and 36,233,092 and 37,298,989 outstanding at 2023 and 2022, respectively) | 0.4 | 0.4 |
| Additional paid-in capital | 164.9 | 153.0 |
| Retained earnings | 1,002.3 | 1,007.7 |
| Accumulated other comprehensive income (loss) | (26.7) | (46.8) |
| Treasury stock, common stock, at cost (7,213,421 and 5,929,183 shares at 2023 and 2022, respectively) | (509.5) | (416.0) |
| Total Equity | 631.4 | 698.3 |
| Total Liabilities and Equity | $2,623.3 | $2,736.5 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.