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Verso Corp (VRS)

Verso Corp (VRS)
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Verso Corporation makes printing papers used primarily in commercial printing, media and marketing applications, including magazines, catalogs, books, direct mail, corporate collateral and retail inserts. Their specialty papers are used primarily in label and converting, flexible packaging and technical paper applications. They also produce market kraft pulp, which is used to manufacture printing and writing paper grades and tissue products. Verso is headquartered in Miamisburg, Ohio, with a Technical Center in Biron, Wisconsin; seven paper mills in Maine, Maryland, Michigan, Minnesota and Wisconsin; and more than 30 distribution centers and warehouses strategically located across the country.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Sales 1,278,000 1,359,000 2,444,000 2,682,000 2,461,000
Sales Growth -5.96% -44.39% -8.87% +8.98% -6.82%
Net Income -3,000 -101,000 96,000 171,000 -30,000
Net Income Growth +97.03% -205.21% -43.86% +670.00% -102.62%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Total Assets 1,055,000 1,245,000 1,721,000 1,699,000 1,732,000
Total Assets Growth -15.26% -27.66% +1.29% -1.91% -6.63%
Total Liabilities 356,000 561,000 708,000 793,000 986,000
Total Liabilities Growth -36.54% -20.76% -10.72% -19.57% -9.12%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Operating Cash Flow 180,000 -62,000 125,000 283,000 153,000
Operating Cash Flow Growth +390.32% -149.60% -55.83% +84.97% +264.29%
Net Cash Flow 35,000 95,000 16,000 19,000 1,000
Change in Net Cash Flow -63.16% +493.75% -15.79% +1,800.00% -50.00%
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