Stock Analysis on Net

Generac Holdings Inc. (NYSE:GNRC)

This company has been moved to the archive! The financial data has not been updated since August 8, 2022.

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Generac Holdings Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Short-term borrowings 77,514 84,995 72,035 61,470 23,760 26,534 39,282 44,800 52,343 49,878 58,714 66,985 57,031 45,241 45,583 35,758 23,995 31,414 20,602 26,226 22,155 28,078
Accounts payable 614,009 697,486 674,208 611,181 526,375 387,933 330,247 272,745 230,229 266,917 261,977 241,290 259,696 290,871 328,091 287,718 274,234 228,070 233,639 190,207 163,359 159,448
Accrued wages and employee benefits 61,249 50,443 72,060 69,882 67,494 46,736 63,036 52,915 36,937 22,256 41,361 37,401 30,289 26,659 40,819 41,335 32,820 29,014 27,992 28,266 23,765 22,006
Other accrued liabilities 415,730 415,955 331,674 270,536 214,387 245,009 204,812 182,377 164,179 139,704 132,629 127,786 130,891 151,005 144,236 136,416 147,628 122,546 105,067 109,362 93,343 91,853
Current portion of long-term borrowings and finance lease obligations 3,674 4,279 5,930 4,945 4,233 4,053 4,147 3,421 3,032 4,261 2,383 2,554 2,456 2,203 1,977 51,886 1,372 1,593 1,572 104,682 7,700 14,515
Current liabilities 1,172,176 1,253,158 1,155,907 1,018,014 836,249 710,265 641,524 556,258 486,720 483,016 497,064 476,016 480,363 515,979 560,706 553,113 480,049 412,637 388,872 458,743 310,322 315,900
Long-term borrowings and finance lease obligations, excluding current portion 1,286,499 1,002,685 902,091 843,426 842,607 841,516 841,764 841,341 841,116 839,380 837,767 884,315 883,476 882,483 876,396 859,625 908,066 907,459 906,548 908,101 1,007,235 1,007,898
Deferred income taxes 151,643 163,843 205,964 175,665 158,522 122,196 115,769 105,520 96,539 93,430 96,328 92,520 85,192 78,877 71,300 68,380 57,506 49,140 43,789 49,528 37,575 27,376
Operating lease and other long-term liabilities 360,041 351,724 341,681 236,344 176,365 160,338 179,955 177,515 184,956 154,660 140,432 145,491 143,950 129,071 95,647 93,023 93,364 83,634 76,995 69,556 66,633 62,129
Long-term liabilities 1,798,183 1,518,252 1,449,736 1,255,435 1,177,494 1,124,050 1,137,488 1,124,376 1,122,611 1,087,470 1,074,527 1,122,326 1,112,618 1,090,431 1,043,343 1,021,028 1,058,936 1,040,233 1,027,332 1,027,185 1,111,443 1,097,403
Total liabilities 2,970,359 2,771,410 2,605,643 2,273,449 2,013,743 1,834,315 1,779,012 1,680,634 1,609,331 1,570,486 1,571,591 1,598,342 1,592,981 1,606,410 1,604,049 1,574,141 1,538,985 1,452,870 1,416,204 1,485,928 1,421,765 1,413,303
Redeemable noncontrolling interests 82,830 71,511 58,050 44,704 37,245 63,254 66,207 63,545 61,019 59,904 61,227 56,564 59,117 57,357 61,004 59,897 53,035 54,404 43,929 41,797 37,796 33,566
Common stock, par value $0.01 727 727 725 724 723 723 721 720 720 719 717 716 715 714 712 711 710 707 708 706 705 705
Additional paid-in capital 967,819 959,890 952,939 563,162 542,893 534,303 525,541 518,610 512,318 504,195 498,866 492,671 485,703 481,391 476,116 473,886 468,598 464,060 459,816 456,156 454,763 452,129
Treasury stock, at cost (475,294) (471,833) (448,976) (358,634) (358,481) (358,362) (332,164) (331,513) (331,415) (331,386) (324,551) (324,351) (324,149) (324,115) (321,473) (321,397) (321,052) (321,025) (294,005) (293,969) (293,684) (263,636)
Excess purchase price over predecessor basis (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116) (202,116)
Retained earnings 2,210,582 2,067,868 1,965,957 1,834,477 1,710,464 1,581,681 1,432,565 1,306,530 1,190,749 1,126,174 1,084,383 1,013,707 939,618 878,416 831,123 756,636 687,772 636,814 616,347 535,172 495,463 469,508
Accumulated other comprehensive loss (82,839) (46,402) (54,755) (55,541) (37,583) (31,499) (34,254) (62,039) (72,526) (73,944) (24,917) (46,363) (33,831) (29,870) (23,813) (9,557) (16,900) (8,372) (21,198) (22,802) (27,209) (36,123)
Stockholders’ equity attributable to Generac Holdings Inc. 2,418,879 2,308,134 2,213,774 1,782,072 1,655,900 1,524,730 1,390,293 1,230,192 1,097,730 1,023,642 1,032,382 934,264 865,940 804,420 760,549 698,163 617,012 570,068 559,552 473,147 427,922 420,467
Noncontrolling interests 883 478 313 205 38 (161) (89) (296) (455) 45 469 4,951 5,071 5,535 712 472 243 126 279 102 47 (71)
Total stockholders’ equity 2,419,762 2,308,612 2,214,087 1,782,277 1,655,938 1,524,569 1,390,204 1,229,896 1,097,275 1,023,687 1,032,851 939,215 871,011 809,955 761,261 698,635 617,255 570,194 559,831 473,249 427,969 420,396
Total liabilities and stockholders’ equity 5,472,951 5,151,533 4,877,780 4,100,430 3,706,926 3,422,138 3,235,423 2,974,075 2,767,625 2,654,077 2,665,669 2,594,121 2,523,109 2,473,722 2,426,314 2,332,673 2,209,275 2,077,468 2,019,964 2,000,974 1,887,530 1,867,265

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Generac Holdings Inc. current liabilities increased from Q4 2021 to Q1 2022 but then slightly decreased from Q1 2022 to Q2 2022 not reaching Q4 2021 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Generac Holdings Inc. long-term liabilities increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Generac Holdings Inc. total liabilities increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Stockholders’ equity attributable to Generac Holdings Inc. Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Generac Holdings Inc. stockholders’ equity attributable to Generac Holdings Inc. increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.