Aris Water Solutions, Inc. (ARIS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
9651 KATY FREEWAY HOUSTON, TX 77024 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 1,122 | 60,055 | |||
| Cash and cash equivalents | 1,122 | 60,055 | |||
| Receivables | 132,066 | 66,290 | |||
| Prepaid expense | |||||
| Other undisclosed current assets | 5,805 | 6,043 | |||
| Total current assets: | 138,993 | 132,388 | |||
| Noncurrent Assets | |||||
| Operating lease, right-of-use asset | 9,135 | ||||
| Property, plant and equipment | 819,103 | 633,007 | |||
| Intangible assets, net (including goodwill) | 304,430 | 339,515 | |||
| Goodwill | 34,585 | 34,585 | |||
| Intangible assets, net (excluding goodwill) | 269,845 | 304,930 | |||
| Deferred income tax assets | 30,424 | 19,933 | |||
| Other noncurrent assets | 1,281 | 1,850 | |||
| Total noncurrent assets: | 1,164,373 | 994,305 | |||
| TOTAL ASSETS: | 1,303,366 | 1,126,693 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 36,053 | 7,082 | |||
| Accounts payable | 22,982 | 7,082 | |||
| Accrued liabilities | 13,071 | ||||
| Asset retirement obligation | 2,242 | ||||
| Business combination, contingent consideration, liability | |||||
| Other liabilities | 3,832 | ||||
| Other undisclosed current liabilities | 49,287 | 41,963 | |||
| Total current liabilities: | 91,414 | 49,045 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 428,921 | 392,051 | |||
| Long-term debt, excluding current maturities | 428,921 | 392,051 | |||
| Liabilities, other than long-term debt | 80,353 | 54,586 | |||
| Deferred revenue | 1,200 | ||||
| Asset retirement obligations | 17,543 | 6,158 | |||
| Deferred income tax liabilities | 52,389 | 47,228 | |||
| Other liabilities | 10,421 | ||||
| Other undisclosed noncurrent liabilities | 45,591 | 28,472 | |||
| Total noncurrent liabilities: | 554,865 | 475,109 | |||
| Total liabilities: | 646,279 | 524,154 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 309,508 | 212,869 | |||
| Treasury stock, value | (2,891) | (135) | |||
| Additional paid in capital | 319,545 | 212,926 | |||
| Accumulated deficit | (7,722) | (457) | |||
| Other undisclosed equity, attributable to parent | 576 | 535 | |||
| Equity, attributable to noncontrolling interest | 347,579 | 389,670 | |||
| Total equity: | 657,087 | 602,539 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,303,366 | 1,126,693 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Revenues | 321,001 | 229,251 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (207,004) | (151,681) | ||
| Gross profit: | 113,997 | 77,570 | ||
| Operating expenses | (79,491) | (58,428) | ||
| Operating income: | 34,506 | 19,142 | ||
| Nonoperating expense (Other Nonoperating expense) | (29,185) | (25,853) | ||
| Interest and debt expense | (29,185) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (23,864) | (6,711) | ||
| Other undisclosed income from continuing operations before income taxes | 29,185 | |||
| Income (loss) from continuing operations before income taxes: | 5,321 | (6,711) | ||
| Income tax expense | (524) | (298) | ||
| Income (loss) from continuing operations: | 4,797 | (7,009) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (7,009) | |
| Net income (loss): | 4,797 | (7,009) | ||
| Other undisclosed net income (loss) attributable to parent | (3,097) | 21 | ||
| Net income (loss) attributable to parent: | 1,700 | (6,988) | ||
| Preferred stock dividends and other adjustments | (686) | |||
| Other undisclosed net income available to common stockholders, basic | 8,100 | |||
| Net income available to common stockholders, diluted: | 1,014 | 1,112 | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Net income (loss): | 4,797 | (7,009) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 4,797 | (7,009) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.