Company Information

  

Address: 450 PARK AVENUE
30TH FLOOR 
City: NEW YORK 
State: NY 
Zip Code: 10022 
Telephone: 212-235-2690 

Description of Business

Primary SIC Code: 3440
(As filed with the SEC)  

Unless the context otherwise requires, in this Annual Report on Form 10-K, "HC2," means HC2 Holdings, Inc. and the "Company," "we" and "our" mean HC2 together with its consolidated subsidiaries. This Annual Report on Form 10-K contains forward looking statements. See "Management's Discussion and Analysis of Financial Condition and Results of Operations - Special Note Regarding Forward-Looking Statements." General HC2 is a diversified holding company that seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. As of December 31, 2017, our seven reportable operating segments based on management's organization of the enterprise included Construction (f/k/a Manufacturing), Marine Services, Energy (f/k/a Utilities), Telecommunications, Insurance, Life Sciences and Other.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-3.28NAN/E
12/2017-1.16NAN/E
09/2017-2.71NAN/E
06/2017-2.76NAN/E
03/2017-2.30NAN/E
12/2016-2.832.590N/E
09/2016-1.48NAN/E
06/2016-1.63NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.19Total Liab/Total Assets0.97
Net Inc/Total Assets-0.01Total Liab/Inv Cap3.54
Net Inc/Inv Cap-0.05Total Liab/Comm Equity12.33
Pretax Inc/Net Sales-0.03Interest Coverage Ratio0.28
Net Inc/Net Sales-0.03Curr Debt/EquityNA
Cash Flow/Net Sales0.00LTD/Equity8.11
SG&A/NetSales0.12Total Debt/Equity8.11
Asset Utilization   Liquidity  
Net Receivables Turnover5.30Quick Ratio0.18
Inventory TurnoverNACurrent Ratio0.18
Inventory Day SalesNANet Rec/Curr Assets0.77
Net Sales/Work Cap-0.81Inv/Curr AssetsNA
Net Sales/PP&E4.17  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 435.52 438.83 389.14 360.62
Cost of Goods Sold 407.96 394.69 342.07 339.11
Selling & Admin Exps 49.84 56.55 45.88 43.45
Operating Income -31.93 -21.14 -6.70 -29.23
Interest Exp 19.33 15.69 13.22 12.07
Pretax Income -37.22 -11.24 4.54 -22.46
Other Income 19.27 20.42 23.49 14.84
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -35.00 -8.54 -5.97 -17.91

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 92.07 97.89 130.79 143.13
Receivables - Total 327.51 322.45 265.08 250.46
Inventories - Total NA NA NA NA
Total Current Assets 419.59 420.33 395.87 393.59
Net Property, Plant & Equipment 372.43 374.66 282.07 282.69
Total Assets 3,227.32 3,217.69 2,971.34 2,941.31
Liabilities        
Accounts Payable 2,058.97 2,052.19 1,992.71 1,955.74
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 2,341.08 2,338.32 2,281.77 2,248.81
Long-Term Debt 655.42 593.17 496.59 494.72
Total Liabilities 3,183.47 3,116.62 2,880.51 2,861.44
Stockholder's Equity        
Minority Interest 111.95 114.95 18.88 19.92
Preferred Stock NA NA NA NA
Common Stock 0.05 0.04 0.04 0.04
Retained Earnings -252.22 -221.19 -212.65 -206.69
Treasury Stock -2.43 -2.06 -1.98 -1.97
Total Stockholders' Equity 14.35 73.17 63.03 51.23
Total Liabilities and Stockholders' Equity 3,197.82 3,189.79 2,943.54 2,912.67

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 0.80 -30.97 20.19 -15.86
Net Cash Provided by Investing Activities -56.69 -72.29 -28.42 -9.77
Net Cash Provided by Financing Activities 49.19 69.92 -3.65 42.58

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013230.69111.61--
12/2014547.44-14.39-0.71
12/20151,119.52-35.56-1.50
12/20161,495.08-94.55-2.83
12/20171,563.07-46.91-1.16
Growth Rates61.34----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/189226,40859.26




Report Date : 7/16/2018

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