$MTX
MINERALS TECHNOLOGIES INC

2023 Q4 Form 10-Q Financial Statement

#000089101423000103 Filed on October 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q4
Revenue $547.8M
YoY Change 1.09%
Cost Of Revenue $414.7M
YoY Change -2.1%
Gross Profit $133.1M
YoY Change 12.51%
Gross Profit Margin 24.3%
Selling, General & Admin $50.90M
YoY Change 10.65%
% of Gross Profit 38.24%
Research & Development $5.200M
YoY Change 1.96%
% of Gross Profit 3.91%
Depreciation & Amortization $24.30M
YoY Change 4.29%
% of Gross Profit 18.26%
Operating Expenses $56.10M
YoY Change 9.78%
Operating Profit -$7.900M
YoY Change -122.19%
Interest Expense $15.30M
YoY Change 39.09%
% of Operating Profit
Other Income/Expense, Net -$14.70M
YoY Change -20.54%
Pretax Income -$22.60M
YoY Change -232.16%
Income Tax -$3.500M
% Of Pretax Income
Net Earnings -$19.20M
YoY Change -243.28%
Net Earnings / Revenue -3.5%
Basic Earnings Per Share -$0.59
Diluted Earnings Per Share -$0.59
COMMON SHARES
Basic Shares Outstanding 32.50M
Diluted Shares Outstanding 32.50M

Balance Sheet

Concept 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $278.2M
YoY Change 22.88%
Cash & Equivalents $268.4M
Short-Term Investments $9.800M
Other Short-Term Assets $60.20M
YoY Change -16.27%
Inventory $337.5M
Prepaid Expenses $45.00M
Receivables $418.3M
Other Receivables $0.00
Total Short-Term Assets $1.094B
YoY Change 1.93%
LONG-TERM ASSETS
Property, Plant & Equipment $977.6M
YoY Change -5.85%
Goodwill $913.6M
YoY Change 0.15%
Intangibles $232.2M
YoY Change -4.64%
Long-Term Investments $20.00M
YoY Change 21.21%
Other Assets $102.8M
YoY Change 5.33%
Total Long-Term Assets $2.251B
YoY Change -2.74%
TOTAL ASSETS
Total Short-Term Assets $1.094B
Total Long-Term Assets $2.251B
Total Assets $3.345B
YoY Change -1.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $184.8M
YoY Change -12.04%
Accrued Expenses $59.20M
YoY Change 7.05%
Deferred Revenue
YoY Change
Short-Term Debt $109.2M
YoY Change -7.85%
Long-Term Debt Due $14.40M
YoY Change 1957.14%
Total Short-Term Liabilities $473.5M
YoY Change -4.05%
LONG-TERM LIABILITIES
Long-Term Debt $918.0M
YoY Change -2.85%
Other Long-Term Liabilities $108.0M
YoY Change -7.38%
Total Long-Term Liabilities $1.026B
YoY Change -3.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $473.5M
Total Long-Term Liabilities $1.026B
Total Liabilities $1.722B
YoY Change -7.0%
SHAREHOLDERS EQUITY
Retained Earnings $2.324B
YoY Change 2.55%
Common Stock $498.3M
YoY Change 2.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $831.1M
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $1.589B
YoY Change
Total Liabilities & Shareholders Equity $3.345B
YoY Change -1.26%

Cashflow Statement

Concept 2023 Q4
OPERATING ACTIVITIES
Net Income -$19.20M
YoY Change -243.28%
Depreciation, Depletion And Amortization $24.30M
YoY Change 4.29%
Cash From Operating Activities $59.10M
YoY Change 94.41%
INVESTING ACTIVITIES
Capital Expenditures $25.10M
YoY Change -230.73%
Acquisitions
YoY Change
Other Investing Activities -$1.400M
YoY Change -101.83%
Cash From Investing Activities -$26.50M
YoY Change -122.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.100M
YoY Change -44.59%
NET CHANGE
Cash From Operating Activities 59.10M
Cash From Investing Activities -26.50M
Cash From Financing Activities -4.100M
Net Change In Cash 28.50M
YoY Change -80.6%
FREE CASH FLOW
Cash From Operating Activities $59.10M
Capital Expenditures $25.10M
Free Cash Flow $34.00M
YoY Change -31.45%

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dei Entity File Number
EntityFileNumber
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dei Entity Registrant Name
EntityRegistrantName
MINERALS TECHNOLOGIES INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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dei Entity Address Address Line1
EntityAddressAddressLine1
622 Third Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
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dei Entity Address State Or Province
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dei Entity Address Postal Zip Code
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dei City Area Code
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dei Local Phone Number
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dei Security12b Title
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Common Stock, $0.10 par value
dei Trading Symbol
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dei Security Exchange Name
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dei Entity Current Reporting Status
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Files In Submission

Name View Source Status
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0000891014-23-000103-xbrl.zip Edgar Link pending
ex15.htm Edgar Link pending
ex31_1.htm Edgar Link pending
ex31_2.htm Edgar Link pending
ex32.htm Edgar Link pending
ex95.htm Edgar Link pending
ex99.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10q.htm Edgar Link pending
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