$VC
VISTEON CORP

2024 Q4 Form 10-Q Financial Statement

#000111133524000132 Filed on October 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $980.0M
YoY Change -3.35%
Cost Of Revenue $849.0M
YoY Change -2.53%
Gross Profit $131.0M
YoY Change -8.39%
Gross Profit Margin 13.37%
Selling, General & Admin $51.00M
YoY Change -1.92%
% of Gross Profit 38.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.00M
YoY Change 4.17%
% of Gross Profit 19.08%
Operating Expenses $51.00M
YoY Change -1.92%
Operating Profit $80.00M
YoY Change -12.09%
Interest Expense $4.000M
YoY Change 0.0%
% of Operating Profit 5.0%
Other Income/Expense, Net $2.000M
YoY Change -33.33%
Pretax Income $51.00M
YoY Change -44.57%
Income Tax $11.00M
% Of Pretax Income 21.57%
Net Earnings $39.00M
YoY Change -40.91%
Net Earnings / Revenue 3.98%
Basic Earnings Per Share $1.41
Diluted Earnings Per Share $1.40
COMMON SHARES
Basic Shares Outstanding 27.62M shares 27.61M shares
Diluted Shares Outstanding 27.90M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $550.0M
YoY Change 14.35%
Cash & Equivalents $550.0M
Short-Term Investments
Other Short-Term Assets $109.0M
YoY Change -22.14%
Inventory $321.0M
Prepaid Expenses $18.00M
Receivables $719.0M
Other Receivables $60.00M
Total Short-Term Assets $1.702B
YoY Change 4.93%
LONG-TERM ASSETS
Property, Plant & Equipment $438.0M
YoY Change 16.18%
Goodwill $35.00M
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.000M
YoY Change -97.22%
Other Assets $79.00M
YoY Change -36.29%
Total Long-Term Assets $1.191B
YoY Change 62.04%
TOTAL ASSETS
Total Short-Term Assets $1.702B
Total Long-Term Assets $1.191B
Total Assets $2.893B
YoY Change 22.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $547.0M
YoY Change -8.07%
Accrued Expenses $156.0M
YoY Change 9.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $18.00M
YoY Change 0.0%
Total Short-Term Liabilities $937.0M
YoY Change -1.16%
LONG-TERM LIABILITIES
Long-Term Debt $306.0M
YoY Change -5.26%
Other Long-Term Liabilities $109.0M
YoY Change 70.31%
Total Long-Term Liabilities $415.0M
YoY Change 7.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $937.0M
Total Long-Term Liabilities $415.0M
Total Liabilities $1.352B
YoY Change 1.27%
SHAREHOLDERS EQUITY
Retained Earnings $2.426B
YoY Change 27.15%
Common Stock $1.000M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.348B
YoY Change 1.69%
Treasury Stock Shares
Shareholders Equity $1.185B
YoY Change
Total Liabilities & Shareholders Equity $2.893B
YoY Change 22.74%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $39.00M
YoY Change -40.91%
Depreciation, Depletion And Amortization $25.00M
YoY Change 4.17%
Cash From Operating Activities $98.00M
YoY Change -22.83%
INVESTING ACTIVITIES
Capital Expenditures $28.00M
YoY Change -9.68%
Acquisitions
YoY Change
Other Investing Activities -$48.00M
YoY Change
Cash From Investing Activities -$76.00M
YoY Change 145.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.000M
YoY Change -93.55%
NET CHANGE
Cash From Operating Activities 98.00M
Cash From Investing Activities -76.00M
Cash From Financing Activities -4.000M
Net Change In Cash 18.00M
YoY Change -47.06%
FREE CASH FLOW
Cash From Operating Activities $98.00M
Capital Expenditures $28.00M
Free Cash Flow $70.00M
YoY Change -27.08%

Facts In Submission

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dei Current Fiscal Year End Date
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dei Document Fiscal Year Focus
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dei Document Fiscal Period Focus
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dei Document Type
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dei Document Quarterly Report
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dei Document Period End Date
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dei Document Transition Report
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dei Entity Registrant Name
EntityRegistrantName
VISTEON CORP
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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dei Entity Tax Identification Number
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dei Security12b Title
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dei Trading Symbol
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CY2024Q3 vc Amended Loc Agreement Facility Capacity
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CY2023Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Net Income Loss
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2024Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
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CY2023Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
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us-gaap Incremental Common Shares Attributable To Call Options And Warrants
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us-gaap Incremental Common Shares Attributable To Call Options And Warrants
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CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Earnings Per Share Diluted
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CY2024Q3 us-gaap Debt Instrument Fair Value
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CY2023Q4 us-gaap Product Warranty Accrual
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us-gaap Product Warranty Accrual Preexisting Increase Decrease
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us-gaap Product Warranty Accrual Preexisting Increase Decrease
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us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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us-gaap Product Warranty Accrual Payments
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us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
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CY2024Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
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CY2023Q3 us-gaap Product Warranty Accrual
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CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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