AMPCO PITTSBURGH CORP (AP)
AMPCO PITTSBURGH CORP (AP)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 9,226 | 10,703 | 14,958 | 9,945 |
| Trade receivables, less allowance for credit losses of 321 as of march 31, 2026 and 242 as of december 31, 2025 | 93,581 | 78,981 | 80,983 | 84,339 |
| Trade receivables from related parties | 2,597 | 2,390 | 2,166 | 1,850 |
| Inventories | 105,090 | 104,431 | 119,165 | 123,674 |
| Insurance receivable - asbestos | 19,000 | 19,000 | 15,000 | 15,000 |
| Contract assets | 7,315 | 9,790 | 8,905 | 6,487 |
| Estimated recovery - ues-uk (note 2) | 5,370 | 7,500 | NaN | NaN |
| Other current assets | 6,883 | 6,825 | 8,362 | 9,909 |
| Total current assets | 249,062 | 239,620 | 249,539 | 251,204 |
| Property, plant and equipment, gross | 439,694 | 439,205 | 482,979 | NaN |
| Accumulated depreciation and amortization | 313,376 | 310,072 | 341,694 | NaN |
| Property, plant and equipment, net | 126,318 | 129,133 | 141,285 | 146,826 |
| Operating lease right-of-use assets | 4,640 | 4,673 | 4,648 | 4,968 |
| Insurance receivable - asbestos, less allowance for credit losses of 537 as of march 31, 2026 and december 31, 2025 | 103,571 | 107,838 | 109,947 | 115,143 |
| Deferred income tax assets | 3,896 | 3,898 | 2,867 | 2,869 |
| Intangible assets, net | 4,459 | 4,631 | 4,609 | 4,654 |
| Investments in joint ventures | 835 | 835 | 2,175 | 2,175 |
| Prepaid pensions | NaN | 0 | 4,259 | 4,229 |
| Other noncurrent assets | 4,426 | 4,727 | 5,084 | 5,085 |
| Total assets | 497,207 | 495,355 | 524,413 | 537,153 |
| Accounts payable | 49,167 | 46,268 | 46,447 | 45,284 |
| Accounts payable to related parties | 773 | 1,827 | 502 | 622 |
| Accrued payrolls and employee benefits | 15,246 | 13,357 | 19,319 | 20,712 |
| Debt current portion | 18,788 | 15,723 | 16,255 | 18,717 |
| Operating lease liabilities current portion | 946 | 946 | 900 | 941 |
| Asbestos liability current portion | 28,000 | 28,000 | 24,000 | 24,000 |
| Customer-related liabilities | 21,758 | 16,522 | 17,962 | 20,362 |
| Other current liabilities | 7,416 | 7,816 | 10,370 | 9,168 |
| Total current liabilities | 142,094 | 130,459 | 135,755 | 139,806 |
| Employee benefit obligations | 20,447 | 21,841 | 24,266 | 25,815 |
| Asbestos liability | 164,969 | 170,332 | 162,233 | 169,964 |
| Long-term debt | 115,307 | 117,903 | 118,959 | 115,895 |
| Noncurrent operating lease liabilities | 3,694 | 3,727 | 3,748 | 4,027 |
| Deferred income tax liabilities | 332 | 326 | 467 | 465 |
| Other noncurrent liabilities | 2,788 | 2,804 | 4,426 | 4,686 |
| Total liabilities | 449,631 | 447,392 | 449,854 | 460,658 |
| Common stock - par value 1 authorized 40,000 shares issued and outstanding 20,237 shares as of march 31, 2026 and december 31, 2025 | 20,237 | 20,237 | 20,228 | 20,225 |
| Additional paid-in capital | 179,524 | 179,232 | 178,877 | 178,529 |
| Retained deficit | -139,493 | -138,626 | -80,963 | -78,752 |
| Accumulated other comprehensive loss | -28,944 | -28,204 | -58,044 | -57,319 |
| Total ampco-pittsburgh shareholders equity | 31,324 | 32,639 | 60,098 | 62,683 |
| Noncontrolling interest | 16,252 | 15,324 | 14,461 | 13,812 |
| Total shareholders equity | 47,576 | 47,963 | 74,559 | 76,495 |
| Total liabilities and shareholders equity | 497,207 | 495,355 | 524,413 | 537,153 |