Company name:

Valvoline Inc

  • IPO SHARE PRICE:
    $22.00
  • IPO DATE:
    23 September 2016
  • TICKER:
    VVV
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    100 Valvoline Way Lexington Kentucky 40509
  • FISCAL YEAR END:
    September 30
  • INCORPORATION JURISDICTION:
    None
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Valvoline Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Balance Sheet

Quarterly Annual
(USD in thousand)
16.7% 13.6% 6.7%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
38.5%
16.7% —

Cash and cash equivalents

13.6% —

Accounts Receivable

6.7% —

Inventory

1.4% —

Prepaid expenses and other current assets

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
$45,679
$45,679
 $96,000 $159,000 $760,000 $527,000
Accounts Receivable
$45,679
$45,679
$45,679
 409,000 401,000 433,000 430,000
Inventory
$45,679
$45,679
$45,679
 176,000 194,000 199,000 213,000
Prepaid expenses and other current assets
-
-
$45,679
 44,000 43,000 46,000 44,000
Other short-term assets
$45,679
$45,679
-
 - - - -
Total current assets
$45,679
$45,679
$45,679
 $725,000 $797,000 $1,438,000 $1,214,000
22.6% 9.3% 3.9% 23.4%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
61.5%
23.4% —

Goodwill and intangible assets

22.6% —

Property plant and equipment net

9.3% —

Operating lease assets

3.9% —

Other non-current assets

1.5% —

Equity method investments

0.9% —

Deferred tax assets
Selected Year:
Property plant and equipment net
45,679
45,679
45,679
 420,000 498,000 613,000 713,000
Property plant and equipment Cost
45,679
-
-
 - - - -
Accumulated depreciation
45,679
-
-
 - - - -
Operating lease assets
-
-
-
 - - 261,000 293,000
Deferred tax assets
45,679
45,679
45,679
 138,000 123,000 34,000 28,000
Equity method investments
45,679
45,679
45,679
 31,000 34,000 44,000 46,000
Goodwill and intangible assets
45,679
45,679
45,679
 448,000 504,000 529,000 739,000
Other non-current assets
45,679
45,679
45,679
 92,000 108,000 132,000 123,000
Total non-current assets
45,679
45,679
45,679
 1,129,000 1,267,000 1,613,000 1,942,000
Total assets
45,679
45,679
45,679
 $1,854,000 $2,064,000 $3,051,000 $3,156,000
8.2% 5.0% 8.1% 9.6% 59.8% 8.2%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
16.0%
8.2% —

Accrued expenses and other current liabilities

5.0% —

Accounts payable

2.8% —

Current maturities of long-term debt
Selected Year:
Accounts payable
$45,679
$45,679
$45,679
 $178,000 $171,000 $189,000 $158,000
Accrued expenses and other current liabilities
$45,679
$45,679
$45,679
 203,000 237,000 255,000 260,000
Current maturities of long-term debt
$45,679
$45,679
$45,679
 30,000 15,000 - 88,000
Short-term debt
-
$45,679
$45,679
 - - - -
Total current liabilities
$45,679
$45,679
$45,679
 $411,000 $423,000 $444,000 $506,000
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
85.7%
59.8% —

Long-term debt

9.6% —

Employee benefit obligations

8.2% —

Operating leases

8.1% —

Other non-current liabilities
Selected Year:
Employee benefit obligations
$45,679
$45,679
$45,679
 333,000 387,000 317,000 303,000
Deferred tax liability
$45,679
$45,679
-
 - - - -
Long-term debt
$45,679
$45,679
$45,679
 1,292,000 1,327,000 1,962,000 1,887,000
Operating leases
-
-
-
 - - 231,000 260,000
Other non-current liabilities
$45,679
$45,679
$45,679
 176,000 185,000 173,000 255,000
Total long-term liabilities
$45,679
$45,679
$45,679
 $1,801,000 $1,899,000 $2,683,000 $2,705,000
Total Liabilities
$45,679
$45,679
$45,679
 $2,212,000 $2,322,000 $3,127,000 $3,211,000
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
-1.7%
0.8% —

Additional paid-in capital

0.8% —

Accumulated other comprehensive income

0.1% —

Common stock
Selected Year:
Ashlands net investment
-
$45,679
-
 - - - -
Parent company investment
$45,679
-
-
 - - - -
Preferred Stock
$45,679
$45,679
$45,679
 - - - -
Common stock
$45,679
$45,679
$45,679
 2,000 2,000 2,000 2,000
Accumulated deficit
-
$45,679
$45,679
 (399,000) (284,000) (110,000) (106,000)
Additional paid-in capital
$45,679
$45,679
$45,679
 7,000 13,000 24,000 25,000
Accumulated other comprehensive income
-
-
$45,679
 32,000 11,000 8,000 24,000
Accumulated other comprehensive (loss) income
-
$45,679
-
 - 11,000 - -
Accumulated other comprehensive loss
$45,679
-
-
 - - - -
Total Equity
$45,679
$45,679
$45,679
 ($358,000) ($258,000) ($76,000) ($55,000)
Total Liabilities and Equity
$45,679
$45,679
$45,679
 $1,854,000 $2,064,000 $3,051,000 $3,156,000