Acquired by Cummins Inc. in Aug 2022
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MTOR - Meritor, Inc.

NYSE -> Consumer Cyclical -> Auto Parts
Troy, United States
Type: Equity

MTOR price evolution
MTOR
(in millions $) 30 Oct 2022 30 Jun 2022 31 Mar 2022 31 Dec 2021
Current assets
Cash $105 $115 $113
Short term investments
Net receivables $753 $769 $555
Inventory $710 $719 $667
Total current assets $1628 $1663 $1404
Long term investments
Property, plant & equipment $501 $511 $508
Goodwill & intangible assets $497 $504 $507
Total noncurrent assets $1626 $1659 $1643
Total investments
Total assets $3254 $3322 $3047
Current liabilities
Accounts payable $797 $779 $635
Deferred revenue
Short long term debt $19 $114 $74
Total current liabilities $1117 $1190 $979
Long term debt $1023 $1025 $1027
Total noncurrent liabilities $1403 $1412 $1430
Total debt $1042 $1139 $1101
Total liabilities $2520 $2602 $2409
Shareholders' equity
Retained earnings $1141 $1068 $1006
Other shareholder equity -$689 -$628 -$644
Total shareholder equity $696 $679 $597
(in millions $) 31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Current assets
Cash $101 $315 $108 $115
Short term investments
Net receivables $534 $479 $551 $588
Inventory $601 $435 $526 $477
Total current assets $1286 $1283 $1216 $1226
Long term investments
Property, plant & equipment $517 $515 $515 $483
Goodwill & intangible assets $507 $501 $478 $421
Total noncurrent assets $1652 $1601 $1599 $1500
Total investments
Total assets $2938 $2884 $2815 $2726
Current liabilities
Accounts payable $573 $423 $610 $700
Deferred revenue
Short long term debt $19 $39 $41 $94
Total current liabilities $900 $726 $936 $1084
Long term debt $1008 $1188 $902 $730
Total noncurrent liabilities $1423 $1663 $1464 $1324
Total debt $1027 $1227 $943 $824
Total liabilities $2323 $2389 $2400 $2408
Shareholders' equity
Retained earnings $935 $736 $491 $200
Other shareholder equity -$632 -$614 -$681 -$566
Total shareholder equity $574 $462 $385 $287
(in millions $) 30 Oct 2022 30 Jun 2022 1 May 2022 30 Jan 2022
Revenue
Total revenue $1212
Cost of revenue $1058
Gross Profit $154
Operating activities
Research & development
Selling, general & administrative $63
Total operating expenses $65
Operating income $89
Income from continuing operations
EBIT $108
Income tax expense $21
Interest expense $14
Net income
Net income $73
Income (for common shares) $73
(in millions $) 31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Revenue
Total revenue $3833 $3044 $4388 $4178
Cost of revenue $3328 $2716 $3748 $3524
Gross Profit $505 $328 $640 $654
Operating activities
Research & development
Selling, general & administrative $270 $221 $256 $317
Total operating expenses $287 -$4 $277 $337
Operating income $218 $332 $363 $317
Income from continuing operations
EBIT $302 $389 $430 $333
Income tax expense $24 $78 $82 $149
Interest expense $79 $66 $57 $67
Net income
Net income $199 $245 $291 $117
Income (for common shares) $199 $245 $291 $117
(in millions $) 30 Jun 2022 31 Mar 2022 31 Dec 2021 30 Sep 2021
Net income $73 $62 $54 $62
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation $5 $4 $4 -$14
Total cash flows from operations $117 -$17 -$21 $51
Investing activities
Capital expenditures -$24 -$21 -$18 -$43
Investments
Total cash flows from investing -$24 -$18 -$16 -$48
Financing activities
Dividends paid
Sale and purchase of stock -$34
Net borrowings -$198 $122 $50 -$8
Total cash flows from financing -$99 $36 $50 -$38
Effect of exchange rate -$4 $1 -$1 -$2
Change in cash and equivalents -$10 $2 $12 -$37
(in millions $) 31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net income $199 $245 $291 $117
Operating activities
Depreciation
Business acquisitions & disposals -$13 -$174 -$37
Stock-based compensation
Total cash flows from operations $197 $265 $256 $251
Investing activities
Capital expenditures -$90 -$85 -$103 -$102
Investments $250
Total cash flows from investing -$98 -$89 -$271 $111
Financing activities
Dividends paid
Sale and purchase of stock -$59 -$241 -$96 -$100
Net borrowings -$509 $556 $220 -$453
Total cash flows from financing -$314 $36 $11 -$329
Effect of exchange rate $1 -$5 -$3 -$6
Change in cash and equivalents -$214 $207 -$7 $27
Fundamentals
Market cap N/A
Enterprise value N/A
Shares outstanding N/A
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 4.05
Net debt/EBITDA N/A
Current ratio N/A
Quick ratio N/A