Consolidated Communications Holdings, Inc. (CNSL) financial statements (2021 and earlier)

Company profile

Business Address 121 SOUTH 17TH STREET
MATTOON, IL 61938
State of Incorp. DE
Fiscal Year End December 31
SIC 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

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 investments15612101627167
Cash and cash equivalents15612101627167
Receivables138120133122566978
Disposal group, including discontinued operation   21   
Deferred tax assets    13
Other undisclosed current assets47445555504237
Total current assets:341177198214133126134
Noncurrent Assets
Property, plant and equipment      1,135
Long-term investments and receivables112113111109106106115
Long-term investments112113111109106106115
Intangible assets, net (including goodwill)1,0461,0461,0471,345788808866
Goodwill1,0351,0351,0351,038757765766
Intangible assets, net (excluding goodwill)1111113073243101
Other noncurrent assets136552314   
Other undisclosed noncurrent assets1,8742,0002,1562,0381,0651,098(31)
Total noncurrent assets:3,1673,2133,3373,5051,9602,0122,086
TOTAL ASSETS:3,5073,3903,5353,7192,0932,1392,220
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities203171205183109106114
Accounts payable2531332471315
Accrued liabilities82757272544240
Employee-related liabilities75576450172233
Interest and dividends payable2183737312926
Deferred revenue5046
Debt18273030151110
Derivative instruments and hedges, liabilities      0
Disposal group, including discontinued operation   1   
Customer advances and deposits43262832
Contract with customer, liability48
Total current liabilities:270244284256150144156
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,9332,2512,3042,3121,3771,3781,357
Long-term debt, excluding current maturities1,9332,236     
Finance lease, liability1215
Operating lease, liability2020
Other undisclosed long-term debt and lease obligation(33)(20)2,3042,3121,3771,3781,357
Liabilities, other than long-term debt472477316336377352368
Deferred compensation liability, classified1122222
Deferred tax liabilities, net  244237244
Deferred income tax liabilities171173
Liability, pension and other postretirement and postemployment benefits300302314334131113122
Other undisclosed noncurrent liabilities44371217242131412
Total noncurrent liabilities:2,8482,7992,8362,8891,7661,7441,737
Total liabilities:3,1183,0433,1203,1451,9171,8881,893
Stockholders' equity
Stockholders' equity attributable to parent383341410568171246322
Common stock1111111
Additional paid in capital526492513616218282357
Accumulated other comprehensive loss(109)(81)(53)(48)(47)(36)(36)
Accumulated deficit(35)(71)(51)  (1) 
Stockholders' equity attributable to noncontrolling interest7666555
Total stockholders' equity:389347416574176251327
TOTAL LIABILITIES AND EQUITY:3,5073,3903,5353,7192,0932,1392,220

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Gross profit:1,3041,3371,3991,060743776636
Operating expenses(283)(299)(336)(283)(159)(180)(295)
Other undisclosed operating loss(886)(956)(1,045)(738)(497)(508)(250)
Operating income:136811939878891
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
10(11)1(0)1(2)(1)
Interest and debt expense(18)5(5)(17)(7)(41)(18)
Income from continuing operations before equity method investments, income taxes:127751621824572
Other undisclosed loss from continuing operations before income taxes(79)(99)(90)(81)(44)(43)(44)
Income (loss) from continuing operations before income taxes:48(24)(75)(60)38228
Income tax expense (benefit)(11)424125(23)(3)(13)
Net income (loss):37(20)(51)6515(1)15
Net loss attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)(0)
Net income (loss) attributable to parent:37(20)(51)6515(1)15
Other undisclosed net loss available to common stockholders, basic(3)(0)(1)   (1)
Net income (loss) available to common stockholders, diluted:34(21)(52)6515(1)15

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):37(20)(51)6515(1)15
Other comprehensive loss(29)(28)(5)(1)(12)(4)(35)
Comprehensive income (loss):9(48)(56)644(5)(19)
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)(0)
Comprehensive income (loss), net of tax, attributable to parent:8(48)(56)643(5)(19)

Statements sources

The financial statements are based on the company's filings with the 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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