MarketCap
Facebook
X
TelegramArmstrong Flooring, Inc. Balance Sheet 2020-2011 | AFI
Brief overview of Armstrong Flooring, Inc.'s financial position
The review uses the five latest available annual reports between 2016 and 2020.
Across five reporting periods, assets decreased -45.4%, from $904.4 million to $493.5 million, producing a negative trend.
Liability growth of -3.6% exceeded asset growth of -45.4%, increasing reliance on outside funding.
Retained earnings are negative at -$308.4 million. This reduces the formal capital cushion, although large shareholder returns may have contributed.
Balance sheet takeaway
Taken together, Armstrong Flooring, Inc.'s balance sheet indicators point to elevated risk. Asset growth does not offset weak funding sources.
Annual Balance Sheet Armstrong Flooring, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
65.1 M | 15.3 M | -74.5 M | 47 M | -9.4 M | -28 M | 10 M | 10 M | - | - |
Long Term Debt |
70.7 M | 42.2 M | 70.6 M | 85 M | 20 M | 10 M | 10 M | 10 M | - | - |
Total Non Current Liabilities |
149 M | 129 M | 147 M | 178 M | 118 M | 84.2 M | 103 M | 253 M | - | - |
Total Current Liabilities |
122 M | 105 M | 171 M | 151 M | 163 M | 161 M | 146 M | 188 M | - | - |
Total Liabilities |
271 M | 234 M | 317 M | 330 M | 281 M | 246 M | 250 M | 441 M | - | - |
Deferred Revenue |
4 M | - | - | - | - | - | - | - | - | - |
Retained Earnings |
-308 M | -245 M | -186 M | -31.8 M | 10 M | - | - | - | - | - |
Total Assets |
494 M | 502 M | 708 M | 880 M | 904 M | 863 M | 825 M | 999 M | - | - |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Armstrong Flooring, Inc., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
USA
Irlanda
Canada
Peru
China
Mexico
Argentina
Israel
Colombia
