CSI Compressco LP (CCLP) Financial Statements (2024 and earlier)
Company Profile
Business Address |
1735 HUGHES LANDING BLVD THE WOODLANDS, TX 77380 |
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)Annual | Quarterly
12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 15,502 | 12,316 | 13,615 | 8,475 | 15,665 | 8,364 | |||
Cash and cash equivalents | 15,502 | 12,316 | 13,615 | 8,475 | 15,665 | 8,364 | |||
Receivables | (365) | (389) | 65,407 | 66,033 | 62,579 | 70,489 | |||
Inventory, net of allowances, customer advances and progress billings | 46,715 | 52,361 | 50,876 | 45,902 | 43,598 | 43,358 | |||
Inventory | 46,715 | 52,361 | 50,876 | 45,902 | 43,598 | 43,358 | |||
Other undisclosed current assets | 62,960 | 63,980 | 7,951 | 7,905 | 6,689 | 12,382 | |||
Total current assets: | 124,812 | 128,268 | 137,849 | 128,315 | 128,531 | 134,593 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 25,028 | 27,841 | 30,701 | 27,205 | 28,047 | 28,933 | |||
Property, plant and equipment | 522,063 | 528,867 | 537,586 | 544,973 | 550,850 | 549,278 | |||
Intangible assets, net (including goodwill) | 16,921 | 17,661 | 18,400 | 19,140 | 19,879 | 20,617 | |||
Intangible assets, net (excluding goodwill) | 16,921 | 17,661 | 18,400 | 19,140 | 19,879 | 20,617 | |||
Deferred income tax assets | 3 | ||||||||
Other noncurrent assets | 3,412 | 2,959 | 2,748 | 2,767 | 3,022 | 2,892 | |||
Other undisclosed noncurrent assets | 3 | 3 | 3 | 5 | 5 | ||||
Total noncurrent assets: | 567,427 | 577,331 | 589,438 | 594,088 | 601,803 | 601,725 | |||
TOTAL ASSETS: | 692,239 | 705,599 | 727,287 | 722,403 | 730,334 | 736,318 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 78,520 | 69,077 | 88,759 | 81,665 | 98,025 | 80,248 | |||
Accounts payable | 22,408 | 25,146 | 29,982 | 34,589 | 40,803 | 38,250 | |||
Accrued liabilities | 56,112 | 43,931 | 58,777 | 47,076 | 57,222 | 41,998 | |||
Deferred revenue | 3,955 | 4,915 | 4,098 | 2,590 | |||||
Disposal group, including discontinued operation | 81 | ||||||||
Total current liabilities: | 82,475 | 73,992 | 92,857 | 84,255 | 98,025 | 80,329 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 619,341 | 635,566 | 630,717 | 634,016 | 642,813 | 664,599 | |||
Long-term debt, excluding current maturities | 619,341 | 635,566 | 630,717 | 634,016 | 623,916 | 644,942 | |||
Liabilities, other than long-term debt | 24,036 | 27,586 | 31,626 | 29,406 | 8,778 | 5,168 | |||
Deferred income tax liabilities | 1,245 | ||||||||
Other liabilities | 7,532 | 9,392 | 11,463 | 8,742 | 8,778 | 5,168 | |||
Operating lease, liability | 16,504 | 18,194 | 20,163 | 19,419 | 18,897 | 19,657 | |||
Other undisclosed noncurrent liabilities | 1,034 | 1,174 | 1,320 | 1,028 | 893 | ||||
Total noncurrent liabilities: | 644,411 | 664,326 | 663,663 | 663,422 | 652,619 | 670,660 | |||
Total liabilities: | 726,886 | 738,318 | 756,520 | 747,677 | 750,644 | 750,989 | |||
Equity | |||||||||
Equity, attributable to parent | (14,417) | (14,406) | (14,406) | (14,406) | (14,717) | (14,489) | |||
Accumulated other comprehensive loss | (14,417) | (14,406) | (14,406) | (14,406) | (14,717) | (14,489) | |||
Total equity: | (14,417) | (14,406) | (14,406) | (14,406) | (14,717) | (14,489) | |||
Other undisclosed liabilities and equity | (20,230) | (18,313) | (14,827) | (10,868) | (5,593) | (182) | |||
TOTAL LIABILITIES AND EQUITY: | 692,239 | 705,599 | 727,287 | 722,403 | 730,334 | 736,318 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 99,707 | 96,779 | 91,371 | 93,969 | 94,895 | 84,522 | ||
Cost of revenue (Cost of Goods and Services Sold) | (54,321) | (53,495) | (51,803) | (53,884) | (53,478) | (47,563) | ||
Gross profit: | 45,386 | 43,284 | 39,568 | 40,085 | 41,417 | 36,959 | ||
Operating expenses | (30,942) | (31,377) | (28,830) | (29,739) | (30,733) | (30,257) | ||
Operating income: | 14,444 | 11,907 | 10,738 | 10,346 | 10,684 | 6,702 | ||
Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (1,772) | 191 | 516 | 648 | (1,661) | (325) | ||
Interest and debt expense | (13,410) | (13,747) | (13,315) | (12,951) | (12,615) | (12,556) | ||
Loss from continuing operations before income taxes: | (738) | (1,649) | (2,061) | (1,957) | (3,592) | (6,179) | ||
Income tax expense | (209) | (924) | (552) | (2,289) | (940) | (741) | ||
Loss from continuing operations: | (947) | (2,573) | (2,613) | (4,246) | (4,532) | (6,920) | ||
Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | (4,451) | (6,828) | |
Income from discontinued operations | 81 | 92 | ||||||
Net loss available to common stockholders, diluted: | (947) | (2,573) | (2,613) | (4,246) | (4,451) | (6,828) |
Comprehensive Income ($ in thousands)Annual | Quarterly
12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (947) | (2,573) | (2,613) | (4,246) | (4,451) | (6,828) | ||
Other undisclosed comprehensive income (loss) | (11) | 311 | (228) | (97) | ||||
Comprehensive loss, net of tax, attributable to parent: | (958) | (2,573) | (2,613) | (3,935) | (4,679) | (6,925) |
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.