SEACOR Holdings, Inc. (CKH) Financial Statements (2024 and earlier)

Company Profile

Business Address 2200 ELLER DRIVE
FORT LAUDERDALE, FL 33316
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4412 - Deep Sea Foreign Transportation of Freight (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments85,158174,537282,007515,920668,209492,187
Cash and cash equivalents77,222144,221239,246399,644530,009434,183
Short-term investments7,93630,31642,761116,276138,20058,004
Restricted cash and investments1,2222,9912,9823,711 16,435
Receivables232,903210,709144,335219,167186,293292,987
Inventory, net of allowances, customer advances and progress billings5,2554,5304,37716,77324,76822,783
Inventory5,2554,5304,37716,77324,76822,783
Other undisclosed current assets6,9715,3826,5947,2308,6279,011
Total current assets:331,509398,149440,295762,801887,897833,403
Noncurrent Assets
Operating lease, right-of-use asset 
Property, plant and equipment818,358846,510877,9251,555,6681,583,6251,502,673
Long-term investments and receivables157,108156,886173,441313,772331,103507,407
Long-term investments157,108156,886173,441313,772331,103484,157
Accounts and financing receivable, after allowance for credit loss      23,250
Intangible assets, net (including goodwill)53,69757,25960,86752,83678,73295,486
Goodwill32,70132,70832,76132,75852,34062,759
Intangible assets, net (excluding goodwill)20,99624,55128,10620,07826,39232,727
Restricted cash and investments  3,90851,339153,962255,408278,022
Other noncurrent assets7,7618,3129,46923,28248,65451,292
Other undisclosed noncurrent assets 144,539    (23,250)
Total noncurrent assets:1,181,4631,072,8751,173,0412,099,5202,297,5222,411,630
TOTAL ASSETS:1,512,9721,471,0241,613,3362,862,3213,185,4193,245,033
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:57,59559,60744,01390,70271,952103,760
Interest and dividends payable1,0301,1844,2095,5035,7745,809
Taxes payable   5,8355,8016,800
Employee-related liabilities20,73021,20314,62417,98921,93831,821
Accrued liabilities   2,17223,66511,585 
Other undisclosed accounts payable and accrued liabilities35,83537,22023,00837,71026,85459,330
Deferred revenue 
Debt58,8548,49777,842183,60235,53148,499
Securities loaned    1,2744,8277,339
Other liabilities32,52830,01836,32534,42635,79938,064
Deferred revenue and credits 6,9536,9536,794
Deferred tax liabilities    10,230
Contract with customer, liability794968
Other undisclosed current liabilities60,19024,67321,00552,99245,09857,267
Total current liabilities:209,961123,763179,185369,949200,160271,953
Noncurrent Liabilities
Long-term debt and lease obligation255,612346,128501,505848,7711,034,859834,383
Long-term debt, excluding current maturities255,612346,128501,505848,7711,034,859834,383
Liabilities, other than long-term debt80060077,863447,333559,461631,710
Deferred compensation liability, classified800600    
Deferred tax liabilities, net  288,601389,988432,546
Deferred income tax liabilities 
Liability for uncertainty in income taxes      10,500
Other liabilities   77,863139,296163,862188,664
Operating lease, liability 
Derivative instruments and hedges, liabilities    19,4365,611 
Other undisclosed noncurrent liabilities234,085146,691101,422  (10,500)
Total noncurrent liabilities:490,497493,419680,7901,296,1041,594,3201,455,593
Total liabilities:700,458617,182859,9751,666,0531,794,4801,727,546
Equity
Equity, attributable to parent811,726704,154623,6831,060,8921,270,8201,399,494
Common stock408390387379377375
Treasury stock, value(1,365,792)(1,366,773)(1,368,300)(1,357,331)(1,356,499)(1,283,476)
Additional paid in capital1,661,0021,596,6421,573,0131,518,6351,505,9421,490,698
Accumulated other comprehensive loss(998)(914)(545)(11,514)(5,620)(3,505)
Retained earnings517,106474,809419,128910,7231,126,6201,195,402
Equity, attributable to noncontrolling interest788149,688129,678135,376120,119117,993
Total equity:812,514853,842753,3611,196,2681,390,9391,517,487
TOTAL LIABILITIES AND EQUITY:1,512,9721,471,0241,613,3362,862,3213,185,4193,245,033

Income Statement (P&L) ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues799,966835,750577,891830,9851,054,7361,319,394
Operating leases, income statement, lease revenue217,230201,112
Cost of revenue(652,204)(666,427)(75,058)(124,933)(125,987)(240,401)
Gross profit:147,762169,323502,833706,052928,7491,078,993
Operating expenses(105,517)(102,907)(463,987)(736,394)(905,216)(965,728)
Other undisclosed operating income (loss)2,91019,58311,637(142,205)(2,408)51,978
Operating income (loss):45,15585,99950,483(172,547)21,125165,243
Nonoperating income (expense)3,9425,690(15,278)(89,701)(51,923)(2,008)
Investment income, nonoperating7,4718,73028,2749,11417,92434,607
Gain (loss), foreign currency transaction, before tax(312)(2,264)323(1,868)(4,752)(6,335)
Other nonoperating income (expense)(134)54,964256(20,206)6,7733,439
Interest and debt expense(2,244)(11,626)(819)5,184(28,497)(43,632)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes2,24411,626819(5,184)28,49743,632
Income (loss) from continuing operations before equity method investments, income taxes:49,09791,68935,205(262,248)(30,798)163,235
Income (loss) from equity method investments(5,250)(72)2,952(27,354)(40,414)16,309
Income (loss) from continuing operations before income taxes:43,84791,61738,157(289,602)(71,212)179,544
Income tax expense (benefit)(9,829)(8,415)67,18993,83011,362(55,197)
Income (loss) from continuing operations:34,01883,202105,346(195,772)(59,850)124,347
Income (loss) before gain (loss) on sale of properties:34,01883,20281,709(195,772)(59,850)124,347
Loss from discontinued operations   (23,637)   
Net income (loss):34,01883,20281,709(195,772)(59,850)124,347
Net loss attributable to noncontrolling interest(7,244)(25,054)(20,066)(20,125)(8,932)(24,215)
Net income (loss) available to common stockholders, basic:26,77458,14861,643(215,897)(68,782)100,132
Dilutive securities, effect on basic earnings per share1,2731,27314,346  21,156
Net income (loss) available to common stockholders, diluted:28,04759,42175,989(215,897)(68,782)121,288

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):34,01883,20281,709(195,772)(59,850)124,347
Other comprehensive income (loss)(84)(369)1,005(7,009)(2,544)(2,786)
Comprehensive income (loss):33,93482,83382,714(202,781)(62,394)121,561
Comprehensive loss, net of tax, attributable to noncontrolling interest(7,244)(25,054)(20,227)(19,010)(8,503)(23,742)
Comprehensive income (loss), net of tax, attributable to parent:26,69057,77962,487(221,791)(70,897)97,819

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.

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