Company name:

Ceridian HCM Holding Inc

  • IPO SHARE PRICE:
    $22.00
  • IPO DATE:
    26 April 2018
  • TICKER:
    CDAY
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    3311 East Old Shakopee Road Minneapolis Minnesota 55425
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • 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

Ceridian HCM Holding Inc

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Balance Sheet

Quarterly Annual
(USD in thousand)
56.1%
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
61.5%
56.1% —

Customer funds

2.8% —

Cash and cash equivalents

1.5% —

Trade and other receivables

1.1% —

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 		$94,200 $217,800 $281,300 $188,200
Trade and other receivables 66,600 63,900 80,400 101,100
Prepaid expenses 36,400 - - -
Prepaid expenses and other current assets - 48,900 57,900 73,900
Other short-term assets 5,300 - - -
Current assets of discontinued operations 156,200 - - -
Total current assets before customer funds 358,700 330,600 419,600 363,200
Customer funds 4,099,700 2,603,500 3,204,100 3,759,400
Total current assets $4,458,400 $2,934,100 $3,623,700 $4,122,600
30.3%
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
38.5%
30.3% —

Goodwill

2.9% —

Other intangible assets

2.8% —

Other assets non-current

2.0% —

Property plant and equipment net

0.4% —

Right-of-use lease assets
Selected Year:
Property plant and equipment net 102,000 104,400 128,300 136,400
Right-of-use lease assets - - 32,000 27,900
Other intangible assets
206,500 187,500 177,900 195,000
Goodwill
1,961,000 1,927,400 1,973,500 2,031,800
Other assets non-current - - 150,300 187,600
Other non-current assets 2,000 94,400 150,300 -
Total non-current assets 2,271,500 2,313,700 2,462,000 2,578,700
Total assets $6,729,900 $5,247,800 $6,085,700 $6,701,300
55.2% 9.9% 38.9%
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
57.7%
55.2% —

Customer deposits

1.0% —

Accrued employee compensation and benefits

0.6% —

Accounts payable

0.4% —

Current portion of deferred revenue

0.3% —

Other accrued expenses

0.2% —

Current portion of Leases

0.1% —

Current maturities of long-term debt
Selected Year:
Accounts payable $44,400 $41,500 $43,200 $38,900
Accrued employee compensation and benefits 68,800 54,500 75,900 64,600
Accrued interest 15,900 - - -
Other accrued expenses 15,000 23,900 13,900 20,500
Current portion of deferred revenue 14,000 23,200 25,500 24,400
Current maturities of long-term debt - 6,800 10,800 7,200
Current portion of Leases - - 8,800 10,500
Current liabilities of discontinued operations 19,600 - - -
Total current liabilities before customer fund obligations 177,700 149,900 178,100 166,100
Customer deposits 4,105,500 2,619,700 3,193,600 3,697,800
Total current liabilities $4,283,200 $2,769,600 $3,371,700 $3,863,900
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
11.0%
9.9% —

Long-term debt

0.5% —

Leases

0.4% —

Employee benefit obligations

0.3% —

Other non-current liabilities
Selected Year:
Employee benefit obligations 152,400 153,300 117,200 24,400
Long-term debt 1,119,800 663,500 666,300 660,600
Leases - - 30,100 33,600
Other non-current liabilities 45,500 45,900 18,100 20,600
Total long-term liabilities $1,317,700 $862,700 $831,700 $739,200
Total Liabilities $5,600,900 $3,632,300 $4,203,400 $4,603,100
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
31.3%
38.9% —

Additional paid-in capital

0.0% —

Common stock
Selected Year:
Non-controlling interest $37,800 - - -
Junior preferred stock
600 - - -
Senior preferred stock
184,800 - - -
Common stock 700 1,400 1,400 1,500
Accumulated deficit
(348,200) (335,600) (229,800) (233,800)
Additional paid-in capital
1,565,400 2,325,600 2,449,100 2,606,500
Accumulated other comprehensive loss (312,100) (375,900) (338,400) (276,000)
Total Equity $1,091,200 $1,615,500 $1,882,300 $2,098,200
Total Liabilities and Equity $6,729,900 $5,247,800 $6,085,700 $6,701,300