COMPX INTERNATIONAL INC Fair Value Disclosure
Note 11 – Financial instruments:
The following table presents the financial instruments that are not carried at fair value but which require fair value disclosure:
December 31, 2024 | December 31, 2025 | |||||||||||
Carrying | Fair | Carrying | Fair | |||||||||
| amount | | value | | amount | | value | |||||
(In thousands) | ||||||||||||
Cash and cash equivalents | $ | 60,782 | $ | 60,782 | $ | 54,096 | $ | 54,096 | ||||
Due to their near-term maturities, the carrying amounts of accounts receivable and accounts payable are considered equivalent to fair value. See Notes 3 and 6.
Want the next COMPX INTERNATIONAL INC fair value disclosure the moment it drops?
Set a Sentinel and we'll alert you the moment COMPX INTERNATIONAL INC's next filing hits EDGAR. No credit card, your email never gets sold.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 4, 2026 | Showing above |
| 2024 | Mar 5, 2025 | |
About Fair Value Disclosures
Fair value disclosures classify all assets and liabilities measured at fair value into a three-level hierarchy: Level 1 (quoted market prices), Level 2 (observable inputs like yield curves), and Level 3 (unobservable inputs requiring management estimates). The proportion of Level 3 assets directly reflects how much of the balance sheet depends on internal models rather than market evidence.
Key signals: a growing Level 3 balance relative to total fair-value assets increases valuation uncertainty and earnings volatility risk. Watch for transfers between levels — assets moving from Level 2 to Level 3 often signal deteriorating market liquidity. Unrealized gains and losses on Level 3 positions flow through earnings or other comprehensive income, so large swings deserve scrutiny. For financial institutions, examine the sensitivity disclosures that show how Level 3 valuations change under alternative assumptions. Compare the fair value of debt against its carrying amount to gauge hidden leverage.