VALHI, INC.: 10-Q filed 2021-11-04

Name: VALHI, INC.: 10-Q filed 2021-11-04
Creator: VALHI, INC.

What VALHI, INC. reported in its quarterly report filed 2021-11-04 (fiscal Q3 2021): 38 published measures, 102 facts as tagged in accession 0001564590-21-054520.

This filing

Form: 10-Q (quarterly report)
Filed: 2021-11-04
Fiscal period: fiscal Q3 2021
Accession: 0001564590-21-054520 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All VALHI, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2021-09-30	2,878,300,000	USD
At 2020-12-31	2,889,300,000	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2021-09-30	756,500,000	USD
At 2020-12-31	682,500,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2021-09-30	554,700,000	USD
At 2020-12-31	518,600,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	39,000,000	USD	92
2021-01-01 to 2021-09-30	75,200,000	USD	273
2020-07-01 to 2020-09-30	15,400,000	USD	92
2020-01-01 to 2020-09-30	30,700,000	USD	274

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	189,200,000	USD	273
2020-01-01 to 2020-09-30	45,200,000	USD	274

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	39,200,000	USD	273
2020-01-01 to 2020-09-30	40,300,000	USD	274

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	578,900,000	USD	92
2021-01-01 to 2021-09-30	1,613,200,000	USD	273
2020-07-01 to 2020-09-30	458,600,000	USD	92
2020-01-01 to 2020-09-30	1,332,900,000	USD	274

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	-124,200,000	USD	273
2020-01-01 to 2020-09-30	-51,600,000	USD	274

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	-12,400,000	USD	273
2020-01-01 to 2020-09-30	-36,600,000	USD	274

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2021-09-30	351,300,000	USD
At 2020-12-31	282,900,000	USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	16,900,000	USD	92
2021-01-01 to 2021-09-30	35,200,000	USD	273
2020-07-01 to 2020-09-30	-11,400,000	USD	92
2020-01-01 to 2020-09-30	21,200,000	USD	274

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2021-09-30	563,600,000	USD
At 2020-12-31	590,400,000	USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	81,200,000	USD	92
2021-01-01 to 2021-09-30	188,100,000	USD	273
2020-07-01 to 2020-09-30	28,900,000	USD	92
2020-01-01 to 2020-09-30	139,200,000	USD	274

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2021-09-30	1,516,700,000	USD
At 2020-12-31	1,453,400,000	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	7,900,000	USD	92
2021-01-01 to 2021-09-30	25,200,000	USD	273
2020-07-01 to 2020-09-30	8,900,000	USD	92
2020-01-01 to 2020-09-30	27,400,000	USD	274

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2021-09-30	336,600,000	USD
At 2020-12-31	318,100,000	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2021-09-30	379,700,000	USD
At 2020-12-31	379,700,000	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	800,000	USD	273
2020-01-01 to 2020-09-30	1,000,000	USD	274

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2021-09-30	448,000,000	USD
At 2020-12-31	538,200,000	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	152,700,000	USD	92
2021-01-01 to 2021-09-30	386,600,000	USD	273
2020-07-01 to 2020-09-30	89,700,000	USD	92
2020-01-01 to 2020-09-30	293,400,000	USD	274

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	82,200,000	USD	92
2021-01-01 to 2021-09-30	231,600,000	USD	273
2020-07-01 to 2020-09-30	70,200,000	USD	92
2020-01-01 to 2020-09-30	210,700,000	USD	274

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2021-09-30	669,500,000	USD
At 2020-12-31	668,300,000	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2021-09-30	-215,000,000	USD
At 2020-12-31	-219,400,000	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2021-09-30	1,069,700,000	USD
At 2021-06-30	1,045,400,000	USD
At 2020-12-31	1,006,900,000	USD
At 2020-09-30	997,000,000	USD
At 2020-06-30	975,500,000	USD
At 2019-12-31	980,100,000	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2021-09-30	21,800,000	USD
At 2020-12-31	26,100,000	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2021-09-30	1,613,300,000	USD
At 2020-12-31	1,647,800,000	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2021-09-30	1,049,700,000	USD
At 2020-12-31	1,057,400,000	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2021-09-30	207,700,000	USD
At 2020-12-31	242,300,000	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2021-09-30	257,900,000	USD
At 2020-12-31	223,900,000	USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

Period	Value	Unit	Days
At 2021-09-30	35,300,000	USD
At 2020-12-31	20,100,000	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	71,400,000	USD	92
2021-01-01 to 2021-09-30	144,500,000	USD	273
2020-07-01 to 2020-09-30	8,000,000	USD	92
2020-01-01 to 2020-09-30	74,300,000	USD	274

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	54,500,000	USD	92
2021-01-01 to 2021-09-30	109,300,000	USD	273
2020-07-01 to 2020-09-30	19,400,000	USD	92
2020-01-01 to 2020-09-30	53,100,000	USD	274

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	36,100,000	USD	92
2021-01-01 to 2021-09-30	79,600,000	USD	273
2020-07-01 to 2020-09-30	24,600,000	USD	92
2020-01-01 to 2020-09-30	28,600,000	USD	274

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	8,700,000	USD	92
2021-01-01 to 2021-09-30	26,100,000	USD	273
2020-07-01 to 2020-09-30	8,400,000	USD	92
2020-01-01 to 2020-09-30	26,000,000	USD	274

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	1,600,000	USD	273
2020-01-01 to 2020-09-30	1,500,000	USD	274

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	26,700,000	USD	273
2020-01-01 to 2020-09-30	29,100,000	USD	274

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	45,900,000	USD	273
2020-01-01 to 2020-09-30	15,900,000	USD	274

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	-75,600,000	USD	273
2020-01-01 to 2020-09-30	-6,800,000	USD	274

Inspect the source

Entity: VALHI, INC. / CIK 0000059255
Captured: 2026-09-19T14:48:49.937Z
SEC response SHA-256: 5a666016453d51aeb23f9f9129b08137b14135abcbd501441d79b5c477dd1f95

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Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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