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, 2016, our seven reportable operating segments based on management's organization of the enterprise included Construction (f/k/a Manufacturing), Marine Services, Insurance, Telecommunications, Energy (f/k/a Utilities), Life Sciences and Other.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
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
03/2016-2.13NAN/E
12/2015-1.50NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.39Total Liab/Total Assets0.97
Net Inc/Total Assets-0.03Total Liab/Inv Cap4.78
Net Inc/Inv Cap-0.16Total Liab/Comm Equity11.49
Pretax Inc/Net Sales-0.03Interest Coverage Ratio-0.06
Net Inc/Net Sales-0.06Curr Debt/EquityNA
Cash Flow/Net Sales0.05LTD/Equity9.69
SG&A/NetSales0.10Total Debt/Equity9.69
Asset Utilization   Liquidity  
Net Receivables Turnover5.30Quick Ratio0.18
Inventory Turnover126.54Current Ratio0.19
Inventory Day Sales0.39Net Rec/Curr Assets0.70
Net Sales/Work Cap-0.82Inv/Curr Assets0.02
Net Sales/PP&E5.21  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 389.14 360.62 374.48 430.86
Cost of Goods Sold 342.07 339.11 345.90 391.55
Selling & Admin Exps 45.88 43.45 36.30 46.37
Operating Income -6.70 -29.23 -15.11 -15.78
Interest Exp 13.22 12.07 14.12 11.76
Pretax Income 4.54 -22.46 -10.59 -6.69
Other Income 23.49 14.84 10.94 13.24
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -5.97 -17.91 -14.50 -61.46

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 130.79 143.13 127.00 115.37
Receivables - Total 265.08 250.46 228.06 298.73
Inventories - Total NA NA NA 9.65
Total Current Assets 395.87 393.59 355.06 423.75
Net Property, Plant & Equipment 282.07 282.69 284.30 286.97
Total Assets 2,971.34 2,941.31 2,856.36 2,835.28
Liabilities        
Accounts Payable 1,992.71 1,955.74 1,917.17 1,958.82
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 2,281.77 2,248.81 2,213.05 2,257.71
Long-Term Debt 496.59 494.72 445.62 428.50
Total Liabilities 2,880.51 2,861.44 2,779.47 2,759.08
Stockholder's Equity        
Minority Interest 18.88 19.92 22.01 23.22
Preferred Stock NA NA NA NA
Common Stock 0.04 0.04 0.04 0.04
Retained Earnings -212.65 -206.69 -188.77 -174.28
Treasury Stock -1.98 -1.97 -1.97 -1.39
Total Stockholders' Equity 63.03 51.23 44.45 44.22
Total Liabilities and Stockholders' Equity 2,943.54 2,912.67 2,823.93 2,803.29

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 20.19 -15.86 32.78 24.17
Net Cash Provided by Investing Activities -28.42 -9.77 -28.77 -60.15
Net Cash Provided by Financing Activities -3.65 42.58 6.49 29.65

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012302.9627.89--
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
Growth Rates49.05----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/179326,49961.55




Report Date : 12/11/2017

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