Chesapeake Utilities Corporation (CPK) financial statements (2021 and earlier)

Company profile

Business Address 909 SILVER LAKE BLVD
DOVER, DE 19903-0615
State of Incorp. DE
Fiscal Year End December 31
SIC 4923 - Natural Gas Transmission and Distribution (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3344 4
Cash and cash equivalents3344 4
Receivables70645761 46
Inventory, net of allowances, customer advances and progress billings8766 7
Inventory8766 7
Prepaid expense1315911 11
Contract with customer, asset 000 0
Derivative instruments and hedges, assets3210  
Regulatory current assets111044 7
Disposal group, including discontinued operation     21
Other current assets0114 2
Other undisclosed current assets27171723 18
Total current assets:13611999112 115
Noncurrent Assets
Operating lease, right-of-use asset11111212 12
Property, plant and equipment1,6011,5671,5251,492 1,461
Intangible assets, net (including goodwill)47444040 25
Goodwill39373333 22
Intangible assets, net (excluding goodwill)8788 3
Contract with customer, asset, net5544 3
Regulated entity, other noncurrent assets1151147674 78
Disposal group, including discontinued operation, noncurrent assets     7
Other undisclosed noncurrent assets17286754 13
Total noncurrent assets:1,7961,7691,7241,676 1,599
TOTAL ASSETS:1,9321,8881,8221,788 1,714
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities100888688 90
Accounts payable60464653 53
Accrued liabilities15192116 15
Employee-related liabilities141198 10
Interest and dividends payable1113912 12
Deferred revenue1100 1
Debt189218288256 226
Derivative instruments and hedges, liabilities0012 2
Regulatory liability661014 6
Customer refund liability   29  
Other undisclosed current liabilities33464414 121
Total current liabilities:329360430402 446
Noncurrent Liabilities
Long-term debt and lease obligation, including:518530440450 451
Long-term debt, excluding current maturities508520430440 376
Operating lease, liability10101010 10
Other undisclosed long-term debt and lease obligation     65
Liabilities, other than long-term debt388382359351 172
Deferred income tax liabilities205203194186  
Liability, pension and other postretirement and postemployment benefits31272828 28
Accrued environmental loss contingencies4456 7
Regulatory liability143142130128 134
Other liabilities5523 3
Total noncurrent liabilities:906911799802 623
Total liabilities:1,2351,2711,2291,204 1,069
Stockholders' equity
Stockholders' equity attributable to parent, including:697617593584 545
Common stock8888 8
Treasury stock, value(6)(6)(6)(5) (5)
Additional paid in capital348284263260 257
Accumulated other comprehensive loss(3)(4)(4)(6) (5)
Retained earnings343328326323 285
Other undisclosed stockholders' equity attributable to parent6665 5
Total stockholders' equity:697617593584 545
Other undisclosed liabilities and equity     100
TOTAL LIABILITIES AND EQUITY:1,9321,8881,8221,788 1,714

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
Revenues13710197153(348)93
Cost of revenue(1)  (108) (4)
Cost of goods and services sold   (16) (4)
Provision for loan, lease, and other losses(1)  (0)  
Gross profit:1361019744 89
Operating expenses(102)(84)(79)(2) (78)
Other undisclosed operating income1    4
Operating income:35171842 14
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
0(0)(0)3 (0)
Interest and debt expense(6)(5)(5)(6) (5)
Income from continuing operations before income taxes:29131340 9
Income tax expense(7)(4)(2)(11) (2)
Income from continuing operations:2291129 6
Loss from discontinued operations     (1)
Net income:2291129 6
Other undisclosed net income (loss) attributable to parent1(0)0(0)  
Net income available to common stockholders, diluted:2291129 6

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
Net income:2291129 6
Other comprehensive income1120 0
Comprehensive income:22101229 6
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1(0)0(0) 0
Comprehensive income, net of tax, attributable to parent:23101329 6

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: