$HXL
HEXCEL CORP /DE/

2022 Q1 Form 10-Q Financial Statement

#000095017022006107 Filed on April 25, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $390.6M $310.3M
YoY Change 25.88% -42.64%
Cost Of Revenue $303.9M $257.2M
YoY Change 18.16% -35.72%
Gross Profit $86.70M $53.10M
YoY Change 63.28% -62.31%
Gross Profit Margin 22.2% 17.11%
Selling, General & Admin $44.70M $39.60M
YoY Change 12.88% -14.84%
% of Gross Profit 51.56% 74.58%
Research & Development $10.90M $11.60M
YoY Change -6.03% -17.14%
% of Gross Profit 12.57% 21.85%
Depreciation & Amortization $32.20M $34.50M
YoY Change -6.67% -2.82%
% of Gross Profit 37.14% 64.97%
Operating Expenses $55.60M $51.20M
YoY Change 8.59% 10.11%
Operating Profit $30.10M -$10.20M
YoY Change -395.1% -115.53%
Interest Expense $9.100M $10.30M
YoY Change -11.65% -14.17%
% of Operating Profit 30.23%
Other Income/Expense, Net
YoY Change
Pretax Income $21.00M -$20.50M
YoY Change -202.44% -138.18%
Income Tax $4.700M -$7.500M
% Of Pretax Income 22.38%
Net Earnings $17.80M -$14.00M
YoY Change -227.14% -133.02%
Net Earnings / Revenue 4.56% -4.51%
Basic Earnings Per Share
Diluted Earnings Per Share $209.7K -$166.7K
COMMON SHARES
Basic Shares Outstanding 84.30M 84.00M
Diluted Shares Outstanding 84.90M 84.00M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $112.8M $82.00M
YoY Change 37.56% -75.1%
Cash & Equivalents $112.8M $82.00M
Short-Term Investments
Other Short-Term Assets $61.10M $63.30M
YoY Change -3.48% 86.18%
Inventory $265.9M $217.4M
Prepaid Expenses
Receivables $212.1M $206.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $684.4M $569.4M
YoY Change 20.2% -45.27%
LONG-TERM ASSETS
Property, Plant & Equipment $1.712B $1.828B
YoY Change -6.38% -4.55%
Goodwill $189.2M $191.9M
YoY Change -1.41% 1.91%
Intangibles $74.80M $82.50M
YoY Change -9.33% -6.57%
Long-Term Investments $45.60M $44.40M
YoY Change 2.7% -7.31%
Other Assets $147.7M $176.9M
YoY Change -16.51% 15.62%
Total Long-Term Assets $2.169B $2.324B
YoY Change -6.67% -2.88%
TOTAL ASSETS
Total Short-Term Assets $684.4M $569.4M
Total Long-Term Assets $2.169B $2.324B
Total Assets $2.854B $2.894B
YoY Change -1.38% -15.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $112.5M $88.50M
YoY Change 27.12% -41.74%
Accrued Expenses $73.80M $128.3M
YoY Change -42.48% -18.49%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $700.0K $300.0K
YoY Change 133.33% -50.0%
Total Short-Term Liabilities $247.1M $219.9M
YoY Change 12.37% -29.04%
LONG-TERM LIABILITIES
Long-Term Debt $857.5M $912.0M
YoY Change -5.98% -34.36%
Other Long-Term Liabilities $73.90M $133.2M
YoY Change -44.52% -57.42%
Total Long-Term Liabilities $931.4M $912.0M
YoY Change 2.13% -34.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $247.1M $219.9M
Total Long-Term Liabilities $931.4M $912.0M
Total Liabilities $1.366B $1.407B
YoY Change -2.86% -30.1%
SHAREHOLDERS EQUITY
Retained Earnings $2.022B
YoY Change
Common Stock $891.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.282B
YoY Change
Treasury Stock Shares $26.20M
Shareholders Equity $1.487B $1.487B
YoY Change
Total Liabilities & Shareholders Equity $2.854B $2.894B
YoY Change -1.38% -15.72%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $17.80M -$14.00M
YoY Change -227.14% -133.02%
Depreciation, Depletion And Amortization $32.20M $34.50M
YoY Change -6.67% -2.82%
Cash From Operating Activities -$19.00M -$1.200M
YoY Change 1483.33% -113.95%
INVESTING ACTIVITIES
Capital Expenditures $20.90M $4.900M
YoY Change 326.53% -81.99%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$20.90M -$4.900M
YoY Change 326.53% -81.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.90M -13.50M
YoY Change -291.85% -104.74%
NET CHANGE
Cash From Operating Activities -19.00M -1.200M
Cash From Investing Activities -20.90M -4.900M
Cash From Financing Activities 25.90M -13.50M
Net Change In Cash -14.90M -21.30M
YoY Change -30.05% -108.04%
FREE CASH FLOW
Cash From Operating Activities -$19.00M -$1.200M
Capital Expenditures $20.90M $4.900M
Free Cash Flow -$39.90M -$6.100M
YoY Change 554.1% -67.2%

Facts In Submission

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