Calumet Inc DE
For the period ended Jun 30, 2024. Filed Aug 9, 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 9, 2024
CLMT$36.06-9.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · June 30, 2024 · · December 31, 2023 | |||||||
| · (Unaudited) · | |||||||
| · · (In millions, except unit data) · | |||||||
| ASSETS | | | | | | | |
| Current assets: | | | | | | | |
| Cash and cash equivalents | | $7.0 | | $7.9 | | ||
| Accounts receivable, net: | | | | | | | |
| Trade, less allowance for credit losses of $1.8 million and $1.2 million, respectively | | 306.9 | | 252.4 | | ||
| Other | | 32.7 | | 33.8 | | ||
| | | 339.6 | | 286.2 | | ||
| Inventories | | 394.8 | | 439.4 | | ||
| Derivative assets | | | 3.7 | | | 9.6 | |
| Prepaid expenses and other current assets | | 50.5 | | 51.6 | | ||
| Total current assets | | 795.6 | | 794.7 | | ||
| Property, plant and equipment, net | | 1,467.2 | | 1,506.3 | | ||
| Other noncurrent assets, net | | 408.1 | | 450.3 | | ||
| Total assets | | $2,670.9 | | $2,751.3 | | ||
| LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | | | | ||||
| Current liabilities: | | | | ||||
| Accounts payable | | $342.3 | | $322.0 | | ||
| Accrued interest payable | | 49.5 | | 48.7 | | ||
| Accrued salaries, wages and benefits | | 73.0 | | 87.1 | | ||
| Obligations under inventory financing agreements | | 34.9 | | 190.4 | | ||
| Current portion of RINs obligation | | 232.9 | | 277.3 | | ||
| Other current liabilities | | 97.1 | | 131.5 | | ||
| Current portion of long-term debt | | 390.4 | | 55.7 | | ||
| Total current liabilities | | 1,220.1 | | 1,112.7 | | ||
| Other long-term liabilities | | 146.5 | | 53.6 | | ||
| Long-term debt, less current portion | | 1,625.1 | | 1,829.7 | | ||
| Total liabilities | | $2,991.7 | | $2,996.0 | | ||
| Commitments and contingencies | | | | ||||
| Redeemable noncontrolling interest | | $245.6 | | $245.6 | | ||
| Partners’ capital (deficit): | | | | ||||
| Limited partners’ interest (80,388,555 units and 79,967,363 units, issued and outstanding at June 30, 2024 and December 31, 2023, respectively) | | $(559.0) | | $(484.4) | | ||
| General partner’s interest | | (0.3) | | 1.3 | | ||
| Accumulated other comprehensive loss | | (7.1) | | (7.2) | | ||
| Total partners’ capital (deficit) | | (566.4) | | (490.3) | | ||
| Total liabilities and partners’ capital (deficit) | | $2,670.9 | | $2,751.3 | | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.