← KRONOS WORLDWIDE INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $43.3m | $354.5m | $205.0m | $87.1m | $63.9m | $112.9m | $104.5m | ($49.1m) | $86.2m | ($110.9m) | — | |
| Depreciation, Depletion and Amortization | $40.5m | $41.2m | $49.7m | $48.1m | $58.1m | $51.3m | $51.7m | $48.6m | $60.4m | $60.5m | $67.3m | |
| Deferred Income Tax Expense (Benefit) | $7.7m | ($151.6m) | $27.3m | $6.5m | ($3.2m) | $14.3m | ($1.4m) | ($39.3m) | $31.3m | ($500k) | $5.6m | |
| Income (Loss) from Equity Method Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | ($38.8m) | $4.9m | $135.5m | $7.1m | ($13.3m) | ($65.8m) | $198.4m | ($56.3m) | $43.1m | ($77.0m) | $177.1m | |
| Other Operating Income (Expense), Net | $4.2m | $500k | $800k | $1.1m | $1.6m | $3.2m | $3.4m | $3.3m | $2.4m | $3.7m | — | |
| Net Cash Provided by (Used in) Operating Activities | $89.6m |
$276.1m
+208.15%
|
$188.5m
-31.73%
|
$160.3m
-14.96%
|
$102.5m
-36.06%
|
$206.5m
+101.46%
|
$81.7m
-60.44%
|
$5.5m
-93.27%
|
$72.5m
+1218.18%
|
$2.5m
-96.55%
|
$86.2m
+3348.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $53.0m | $64.3m | $56.3m | $55.1m | $62.8m | $58.6m | $63.2m | $47.4m | $29.5m | $42.9m | ($41.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($300k) | ($400k) | ($200k) | ($200k) | ($200k) | — | — | — | — | — | $6.0m | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | — | — | $900k | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | ($100k) | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($53.0m) | ($77.9m) | ($42.7m) | ($52.5m) | ($61.3m) | ($58.6m) | ($63.1m) | ($47.4m) | ($186.3m) | ($42.9m) | ($41.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $270.0m | $594.3m | $1.5m | $1.5m | $1.1m | $1.4m | $1.3m | $1.1m | $52.6m | $88.0m | ($712.2m) | |
| Gain (Loss) on Extinguishment of Debt | — | ($7.1m) | — | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | — | $731.5m | — | — | — | — | — | — | — | — | $703.9m | |
| Payments for Repurchase of Common Stock | — | — | — | $3.0m | $1.0m | $200k | $2.3m | $2.9m | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $69.5m | $69.5m | $78.8m | $83.4m | $83.2m | $83.2m | $87.8m | $87.5m | $55.2m | $23.0m | ($23.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($73.3m) |
$58.8m
+180.22%
|
($80.4m)
-236.73%
|
($87.9m)
-9.33%
|
($85.3m)
+2.96%
|
($86.7m)
-1.64%
|
($91.5m)
-5.54%
|
($91.6m)
-0.11%
|
$26.5m
+128.93%
|
($36.3m)
-236.98%
|
($33.3m)
+8.26%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($5.3m) | $14.4m | $51.0m | $17.6m | ($30.3m) | $50.6m | ($78.0m) | ($132.5m) | ($87.4m) | ($72.2m) | $34.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $323.7m | $374.7m | $392.3m | $362.0m | $412.6m | $334.6m | $202.1m | $114.7m | $42.5m | $34.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $14.4m | ($14.4m) | ($2.3m) | $13.8m | ($10.6m) | ($5.1m) | $1.0m | ($100k) | $4.5m | ($100k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $18.4m | $15.2m | $18.5m | $17.4m | $18.0m | $18.0m | $15.7m | $15.8m | $38.2m | $47.4m | — | |
| Income Taxes Paid, Net | $6.6m | $37.1m | $67.9m | $35.8m | $15.3m | $41.6m | $37.3m | $17.3m | $34.5m | $44.9m | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | — | — | ($9.0m) | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $5.5m | ($7.5m) | $10.1m | $2.0m | ($4.0m) | $1.6m | $11.5m | $1.4m | $1.6m | $5.4m | — | |
| Goodwill | — | — | — | — | — | — | — | — | $2.6m | $2.6m | $0 | |
| Income Tax Expense (Benefit) | $17.9m | ($48.8m) | $88.8m | $34.0m | $16.1m | $40.5m | $29.4m | ($23.8m) | $63.4m | $13.5m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $42.9m | $53.0m | — | |
| Operating Lease, Expense | — | — | — | $8.2m | $7.6m | $7.7m | $5.5m | $5.6m | $5.2m | $5.3m | — | |
| Payments of Financing Costs | — | $8.9m | $100k | — | — | $1.9m | $100k | $100k | $9.3m | $2.0m | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | — | $64.5m | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.