Solstice Advanced Materials Inc. Common Stock When Issued

SOLSV

SOLSVSolstice Advanced Materials Inc. Common Stock When Issued US flag

NASDAQ Global Select

49.25

USD

+1.25

- -

7.82BMarket Cap

Income Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y
As of date	12/31/2022	12/31/2023	12/31/2024

Sales/Revenue/Turnover	3,587	3,649	3,770
+ Sales & Services Revenue	3,587	3,649	3,770
- Cost of Revenue	2,184	2,366	2,472
+ Cost of Goods & Services	2,184	2,366	2,472
Gross Profit	1,403	1,283	1,298
+ Other Operating Income	- -	- -	- -
- Operating Expenses	436	459	538
+ Selling, General & Admin	357	378	454
+ Research & Development	79	81	84
+ Other Operating Expense	- -	- -	- -
Operating Income (Loss)	967	824	760
- Non-Operating (Income) Loss	24	10	160
+ Interest Expense, Net	21	16	149
+ Interest Expense	21	16	149
- Interest Income	- -	- -	- -
+ Other Non-Op (Income) Loss	3	-6	11
Pretax Income	943	814	600
- Income Tax Expense (Benefit)	211	195	167
- (Income) Loss from Affiliates	- -	- -	- -
Income (Loss) from Cont Ops	732	619	433
- Net Extraordinary Losses (Gains)	28	-4	22
+ Discontinued Operations	- -	- -	- -
+ Extraord. & Accounting Changes	28	-4	22
Income (Loss) Incl. MI	704	623	411
- Minority Interest	-14	2	-11
Net Income, GAAP	718	621	422
- Preferred Dividends	- -	- -	- -
- Other Adjustments	- -	- -	- -
Net Income Avail to Common, GAAP	718	621	422
EBIT	967	824	760
EBITDA	1,120	1,045	977
EBITDA Margin (%)	31.22	28.64	25.92
EBITA	967	824	760
Gross Margin (%)	39.11	35.16	34.43
Operating Margin (%)	26.96	22.58	20.16
Profit Margin (%)	20.02	17.02	11.19
Sales per Employee	- -	- -	- -
Dividend per Share	- -	- -	- -
Depreciation Expense	153	221	217
Basic Weighted Avg Shares	159	159	159
Basic EPS, GAAP	4.52	3.91	2.66
Basic EPS from Cont Ops	4.61	3.9	2.73
Diluted Weighted Avg Shares	159	159	159
Diluted EPS, GAAP	4.52	3.91	2.66
Diluted EPS from Cont Ops	4.61	3.9	2.73

Balance Sheet (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y
As of date	12/31/2022	12/31/2023	12/31/2024

Total Current Assets	- -	1,870	1,861
+ Cash, Cash Equivalents & STI	- -	606	661
+ Cash & Cash Equivalents	- -	606	661
+ ST Investments	- -	- -	- -
+ Accounts & Notes Receiv	- -	620	569
+ Accounts Receivable, Net	- -	620	569
+ Notes Receivable, Net	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -
+ Inventories	- -	552	558
+ Raw Materials	- -	105	67
+ Work In Process	- -	199	193
+ Finished Goods	- -	248	298
+ Inventory Adjustments	- -	- -	- -
+ Other Inventory	- -	- -	- -
+ Other ST Assets	- -	92	73
+ Misc ST Assets	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -
Total Noncurrent Assets	- -	2,787	3,143
+ Property, Plant & Equip, Net	- -	1,746	1,836
+ Property, Plant & Equip	- -	4,040	4,240
- Accumulated Depreciation	- -	2,294	2,404
+ LT Investments & Receivables	- -	130	146
+ LT Investments	- -	130	146
+ LT Receivables	- -	- -	- -
+ Other LT Assets	- -	911	1,161
+ Total Intangible Assets	- -	861	847
+ Goodwill	- -	814	806
+ Other Intangible Assets	- -	47	41
+ LT Deferred Tax Assets	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -
+ Misc LT Assets	- -	50	314
Total Assets	- -	4,657	5,004
+ Payables & Accruals	- -	985	1,017
+ Accounts Payable	- -	772	778
+ Accrued Taxes	- -	31	44
+ Interest & Dividends Payable	- -	- -	- -
+ Other Payables & Accruals	- -	182	195
+ ST Debt	- -	59	22
+ ST Borrowings	- -	20	- -
+ ST Finance Leases	- -	39	22
+ Other ST Liabilities	- -	81	44
+ Deferred Revenue	- -	46	6
+ Derivatives & Hedging	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Misc ST Liabilities	- -	35	38
Total Current Liabilities	- -	1,125	1,083
+ LT Debt	- -	170	394
+ LT Borrowings	- -	32	293
+ LT Finance Leases	- -	138	101
+ Other LT Liabilities	- -	334	345
+ Accrued Liabilities	- -	197	212
+ Pension Liabilities	- -	- -	- -
+ Deferred Revenue	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -
+ Misc LT Liabilities	- -	137	133
Total Noncurrent Liabilities	- -	504	739
Total Liabilities	- -	1,629	1,822
+ Preferred Equity and Hybrid Capital	- -	- -	- -
+ Share Capital & APIC	- -	- -	- -
+ Common Stock	- -	- -	- -
+ Additional Paid in Capital	- -	- -	- -
- Treasury Stock	- -	- -	- -
+ Retained Earnings	- -	- -	- -
+ Other Equity	- -	-158	-213
Equity Before Minority Interest	- -	3,111	3,258
+ Minority/Non Controlling Interest	- -	-83	-76
Total Equity	- -	3,028	3,182
Total Liabilities & Equity	- -	4,657	5,004
Shares Outstanding	- -	159	159
Number of Employees	- -	- -	- -
Capital Leases - Total	- -	177	123
Net Debt	- -	-554	-368
Net Debt to Equity	- -	-18.3	-11.57
Tangible Common Equity Ratio	- -	57.09	56.17
Current Ratio	- -	1.66	1.72
Cash Conversion Cycle	- -	25.3	25.35

Cash Flow Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y
As of date	12/31/2022	12/31/2023	12/31/2024

+ Net Income	732	619	605
+ Depreciation & Amortization	153	221	217
+ Non-Cash Items	4	-33	-8
+ Stock-Based Compensation	17	18	17
+ Deferred Income Taxes	6	-36	-6
+ Asset Impairment Charge	- -	- -	- -
+ Other Non-Cash Adj	-19	-15	-19
+ Chg in Non-Cash Work Cap	-130	-47	28
+ (Inc) Dec in Accts Receiv	-54	-134	40
+ (Inc) Dec in Inventories	-120	-78	-16
+ (Inc) Dec in Prepaid Assets	- -	- -	- -
+ Inc (Dec) in Accts Payable	36	97	56
+ Inc (Dec) in Other	8	68	-52
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Operating Activities	759	760	842
+ Change in Fixed & Intang	- -	- -	- -
+ Disp in Fixed & Intang	- -	11	- -
+ Disp of Fixed Prod Assets	- -	11	- -
+ Disp of Intangible Assets	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -
+ Cash for JVs	- -	- -	- -
+ Other Investing Activities	-305	-335	-298
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Investing Activities	-305	-324	-298
+ Dividends Paid	- -	- -	- -
+ Net Cash From Debt	-24	-33	-39
+ Cash From Debt	- -	- -	- -
+ Repayments of Debt	-24	-33	-39
+ Other Financing Activities	-307	-345	-414
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Financing Activities	-331	-378	-453
Effect of Foreign Exchange Rates	-37	-1	-36
Net Changes in Cash	123	58	91
EBITDA	1,120	1,045	977
EBITDA Margin (%)	31.22	28.64	25.92
Free Cash Flow	759	760	842
Net Cash Paid for Acquisitions	- -	- -	- -
Free Cash Flow to Firm	775	772	950
Free Cash Flow to Equity	- -	738	803
Free Cash Flow per Basic Share	4.78	4.79	5.3
Price/Free Cash Flow	- -	- -	- -
Cash Flow to Net Income	1.06	1.22	2
Capital Expenditures	- -	- -	- -