Universal Stainless & Alloy Products (USAP) Financial Statements

Price: $44.99
Market Cap: $423.58M
Avg Volume: 190.62K
Country: US
Industry: Steel
Sector: Basic Materials
Beta: 0.927
52W Range: $18.375-45.3
Website: Universal Stainless & Alloy Products

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Universal Stainless & Alloy Products.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$350.00M$350.00M$280.00M$280.00M$210.00M$210.00M$140.00M$140.00M$70.00M$70.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00-$10.00M-$10.00M-$20.00M-$20.00M-$30.00M-$30.00M-$40.00M-$40.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Revenue $285.94M $202.11M $155.93M $179.73M $243.01M $255.93M $202.64M $154.43M $180.66M $205.56M
Cost of Revenue $244.40M $187.93M $147.96M $182.39M $215.37M $218.11M $179.61M $140.92M $171.06M $173.54M
Gross Profit $41.54M $14.19M $7.97M $-2.66M $27.64M $37.82M $23.03M $13.51M $9.60M $32.02M
Gross Profit Ratio 14.50% 7.02% 5.10% -1.48% 11.37% 14.78% 11.37% 8.75% 5.31% 15.58%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $19.75M $20.35M $21.75M $18.80M $17.48M $19.41M $21.12M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $27.78M $21.18M $20.24M $19.75M $20.35M $21.75M $18.80M $17.48M $19.41M $21.12M
Other Expenses $- $684.00K $445.00K $1.12M $474.00K $829.00K $49.00K $-230.00K $153.00K $-22.00K
Operating Expenses $27.78M $21.18M $20.24M $19.75M $20.35M $21.75M $18.80M $17.48M $19.41M $21.12M
Cost and Expenses $272.19M $209.11M $168.21M $202.14M $235.72M $239.86M $198.41M $158.40M $190.47M $194.66M
Interest Income $- $4.39M $2.21M $3.01M $3.99M $- $- $- $- $-
Interest Expense $8.41M $4.16M $1.99M $2.78M $3.77M $4.05M $4.02M $3.66M $2.32M $3.04M
Depreciation and Amortization $19.43M $17.40M $17.40M $17.55M $16.83M $16.32M $16.42M $16.73M $18.61M $17.48M
EBITDA $33.16M $13.07M $15.57M $-3.74M $24.60M $33.22M $23.11M $14.33M $-13.72M $26.14M
EBITDA Ratio 11.59% 6.35% 4.65% -1.15% 10.98% 13.90% 11.28% 8.62% 4.64% 13.48%
Operating Income $13.76M $-6.53M $-12.05M $-22.41M $7.29M $16.07M $4.24M $-3.97M $-30.08M $10.90M
Operating Income Ratio 4.81% -3.23% -7.73% -12.47% 3.00% 6.28% 2.09% -2.57% -16.65% 5.30%
Total Other Income Expenses Net $-8.45M $-3.70M $8.23M $-1.89M $-3.52M $-3.47M $-4.23M $-4.90M $-2.74M $-3.70M
Income Before Tax $5.31M $-10.70M $-4.04M $-24.29M $3.77M $12.60M $9.00K $-8.87M $-32.82M $7.20M
Income Before Tax Ratio 1.86% -5.29% -2.59% -13.52% 1.55% 4.92% 0.00% -5.75% -18.16% 3.50%
Income Tax Expense $398.00K $-2.62M $-3.28M $-5.25M $-502.00K $1.94M $-7.60M $-3.53M $-12.14M $3.15M
Net Income $4.91M $-8.07M $-758.00K $-19.05M $4.28M $10.66M $7.61M $-5.35M $-20.67M $4.05M
Net Income Ratio 1.72% -3.99% -0.49% -10.60% 1.76% 4.17% 3.76% -3.46% -11.44% 1.97%
EPS $0.54 $-0.90 $-0.09 $-2.16 $0.49 $1.31 $1.05 $-0.74 $-2.92 $0.58
EPS Diluted $0.53 $-0.90 $-0.09 $-2.16 $0.48 $1.28 $1.03 $-0.74 $-2.92 $0.57
Weighted Average Shares Outstanding 9.09M 8.97M 8.91M 8.82M 8.78M 8.13M 7.23M 7.19M 7.07M 7.03M
Weighted Average Shares Outstanding Diluted 9.28M 8.97M 8.91M 8.82M 8.87M 8.35M 7.37M 7.19M 7.07M 7.12M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$450.00M$450.00M$360.00M$360.00M$270.00M$270.00M$180.00M$180.00M$90.00M$90.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Equity$300.00M$300.00M$240.00M$240.00M$180.00M$180.00M$120.00M$120.00M$60.00M$60.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Cash and Cash Equivalents $394.00K $2.02M $118.00K $164.00K $170.00K $3.70M $207.00K $75.00K $112.00K $142.00K
Short Term Investments $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $394.00K $2.02M $118.00K $164.00K $170.00K $3.70M $207.00K $75.00K $112.00K $142.00K
Net Receivables $39.03M $30.96M $21.19M $18.10M $35.59M $32.62M $24.99M $19.44M $17.68M $29.06M
Inventory $144.70M $154.19M $140.68M $111.38M $147.40M $134.74M $116.66M $91.34M $83.37M $101.07M
Other Current Assets $11.69M $10.39M $8.57M $7.47M $8.30M $3.76M $4.40M $2.73M $2.58M $2.68M
Total Current Assets $195.82M $197.56M $170.56M $137.12M $191.47M $174.81M $146.26M $113.58M $103.75M $143.12M
Property Plant Equipment Net $159.84M $163.49M $159.16M $164.98M $176.06M $177.84M $174.44M $182.40M $193.50M $199.79M
Goodwill $- $- $- $- $- $- $- $- $- $20.27M
Intangible Assets $- $- $- $- $- $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $- $-395.00K $- $- $- $20.27M
Long Term Investments $- $- $- $- $- $395.00K $- $- $- $-9.68M
Tax Assets $- $143.00K $2.46M $5.72M $10.96M $11.48M $9.61M $17.63M $20.67M $9.68M
Other Non-Current Assets $1.03M $2.14M $-1.55M $-4.78M $-10.09M $-10.81M $-9.08M $-17.57M $-19.37M $1.86M
Total Non-Current Assets $160.87M $165.77M $160.07M $165.93M $176.93M $178.51M $174.97M $182.46M $194.80M $221.92M
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $356.69M $363.33M $330.63M $303.05M $368.40M $353.32M $321.23M $296.05M $298.56M $365.05M
Account Payables $34.85M $38.18M $24.00M $12.63M $40.91M $44.38M $34.90M $19.91M $11.85M $25.01M
Short Term Debt $3.90M $3.68M $2.95M $17.26M $4.44M $4.38M $5.13M $4.87M $3.00M $3.00M
Tax Payables $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $4.30M $1.83M $4.45M $7.94M $4.08M $3.80M $3.26M $6.01M
Other Current Liabilities $7.15M $3.64M $4.69M $4.00M $4.77M $10.39M $4.92M $4.41M $3.90M $6.87M
Total Current Liabilities $45.91M $45.50M $31.64M $33.89M $50.12M $59.15M $44.95M $29.19M $18.75M $34.88M
Long Term Debt $81.90M $95.23M $67.74M $34.73M $60.93M $43.86M $76.48M $69.47M $72.88M $83.88M
Deferred Revenue Non-Current $- $-17.39M $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $17.39M $2.46M $5.72M $11.46M $11.48M $9.61M $17.63M $20.67M $42.48M
Other Non-Current Liabilities $2.84M $2.85M $2.48M $3.02M $3.25M $1.81M $8.13M $16.17M $29.00K $63.00K
Total Non-Current Liabilities $84.74M $98.08M $72.67M $43.47M $75.14M $57.16M $84.61M $85.64M $94.83M $126.41M
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $130.65M $143.58M $104.31M $77.37M $125.26M $116.31M $129.56M $114.83M $113.58M $161.29M
Preferred Stock $- $- $- $- $- $- $- $- $- $125.00K
Common Stock $9.00K $9.00K $9.00K $9.00K $9.00K $9.00K $8.00K $8.00K $7.00K $7.00K
Retained Earnings $127.52M $122.61M $130.68M $131.44M $150.49M $146.19M $135.53M $127.08M $132.43M $153.10M
Accumulated Other Comprehensive Income Loss $-123.00K $133.00K $40.00K $-45.00K $-31.00K $1.00K $-93.00K $21.00K $-107.16M $-91.31M
Other Total Stockholders Equity $98.64M $97.00M $95.59M $94.28M $92.67M $90.81M $56.22M $54.11M $52.54M $50.52M
Total Stockholders Equity $226.04M $219.75M $226.32M $225.68M $243.14M $237.01M $191.67M $181.22M $184.98M $203.75M
Total Equity $226.04M $219.75M $226.32M $225.68M $243.14M $237.01M $191.67M $181.22M $184.98M $203.75M
Total Liabilities and Stockholders Equity $356.69M $363.33M $330.63M $303.05M $368.40M $353.32M $321.23M $296.05M $298.56M $365.05M
Minority Interest $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $356.69M $363.33M $330.63M $303.05M $368.40M $353.32M $321.23M $296.05M $298.56M $365.05M
Total Investments $- $- $- $- $- $395.00K $- $- $- $-9.68M
Total Debt $85.80M $98.43M $69.24M $50.18M $64.34M $46.75M $79.71M $72.58M $77.14M $86.88M
Net Debt $85.41M $96.42M $69.13M $50.02M $64.17M $43.05M $79.51M $72.50M $77.03M $86.73M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00-$10.00M-$10.00M-$20.00M-$20.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Financing Cash Flow$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00-$10.00M-$10.00M-$20.00M-$20.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Net Income $4.91M $-8.07M $-758.00K $-19.05M $4.28M $10.66M $7.61M $-5.35M $-20.67M $4.05M
Depreciation and Amortization $19.43M $19.38M $19.30M $19.45M $19.13M $18.92M $18.82M $18.53M $18.61M $17.48M
Deferred Income Tax $215.00K $-2.69M $-3.24M $-5.23M $-21.00K $1.85M $-7.59M $-3.52M $-12.06M $2.81M
Stock Based Compensation $1.34M $1.29M $1.12M $1.46M $1.39M $1.37M $1.56M $1.41M $1.86M $1.96M
Change in Working Capital $-663.00K $-18.84M $-24.39M $27.18M $-29.19M $-16.18M $-19.23M $-3.09M $11.16M $-13.53M
Accounts Receivables $-8.07M $-9.77M $-3.09M $17.49M $-2.98M $-7.63M $-5.57M $-1.75M $11.37M $-7.61M
Inventory $7.79M $-15.08M $-30.99M $34.33M $-14.96M $-20.37M $-27.38M $-9.15M $15.93M $-20.07M
Accounts Payables $-2.90M $10.51M $10.94M $-25.28M $-1.41M $5.29M $14.18M $7.10M $-13.01M $10.72M
Other Working Capital $2.53M $-4.50M $-1.25M $647.00K $-9.83M $6.53M $-462.00K $725.00K $-3.13M $3.44M
Other Non Cash Items $- $52.41M $-10.00M $11.91M $56.71M $-9.00K $-70.00K $428.00K $20.27M $16.41M
Net Cash Provided by Operating Activities $25.23M $-8.94M $-17.97M $23.81M $-4.41M $16.61M $1.10M $8.41M $19.17M $12.77M
Investments in Property Plant and Equipment $-13.03M $-12.10M $-11.11M $-9.16M $-17.35M $-15.39M $-8.00M $-4.38M $-9.55M $-11.17M
Acquisitions Net $- $- $- $- $- $10.00K $70.00K $1.57M $- $-
Purchases of Investments $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $- $- $- $- $- $10.00K $70.00K $1.57M $218.00K $-
Net Cash Used for Investing Activities $-13.03M $-12.10M $-11.11M $-9.16M $-17.35M $-15.38M $-7.93M $-2.81M $-9.33M $-11.17M
Debt Repayment $-14.13M $21.14M $29.37M $-14.81M $17.37M $-32.18M $6.40M $-6.29M $-10.32M $-2.92M
Common Stock Issued $299.00K $123.00K $193.00K $150.00K $471.00K $32.25M $553.00K $651.00K $455.00K $1.04M
Common Stock Repurchased $- $- $- $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $299.00K $1.80M $-346.00K $150.00K $471.00K $2.59M $553.00K $-1 $- $-
Net Cash Used Provided by Financing Activities $-13.83M $22.93M $29.03M $-14.66M $17.84M $2.65M $6.95M $-5.64M $-9.87M $-1.76M
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $-1.62M $1.90M $-46.00K $-6.00K $-3.92M $3.88M $132.00K $-37.00K $-30.00K $-165.00K
Cash at End of Period $394.00K $2.02M $118.00K $164.00K $170.00K $4.09M $207.00K $75.00K $112.00K $142.00K
Cash at Beginning of Period $2.02M $118.00K $164.00K $170.00K $4.09M $207.00K $75.00K $112.00K $142.00K $307.00K
Operating Cash Flow $25.23M $-8.94M $-17.97M $23.81M $-4.41M $16.61M $1.10M $8.41M $19.17M $12.77M
Capital Expenditure $-13.03M $-12.10M $-11.11M $-9.16M $-17.35M $-15.39M $-8.00M $-4.38M $-9.55M $-11.17M
Free Cash Flow $12.21M $-21.03M $-29.07M $14.65M $-21.76M $1.22M $-6.89M $4.03M $9.62M $1.59M