California Water Service Group Holding (CWT) financial statements (2021 and earlier)

Company profile

Business Address 1720 N FIRST ST
SAN JOSE, CA 95112
State of Incorp. DE
Fiscal Year End December 31
SIC 4941 - Water Supply (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
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments45113114140435155
Cash and cash equivalents45113114140435155
Restricted cash and investments1      
Receivables98115997811910594
Inventory, net of allowances, customer advances and progress billings9988887
Inventory9988887
Regulatory current assets96542425383333
Other current assets 232926232224
Other undisclosed current assets17(9)(8)(8)(46)(8)(7)
Total current assets:266306267270185212206
Noncurrent Assets
Finance lease, right-of-use asset7   999
Operating lease, right-of-use asset16   141414
Intangible assets, net (including goodwill)44303131433
Goodwill3230313333
Intangible assets, net (excluding goodwill)12   11  
Regulated entity, other noncurrent assets325484441443433382374
Other noncurrent assets120908378848380
Other undisclosed noncurrent assets2,6152,5962,5382,4472,3732,3202,279
Total noncurrent assets:3,1283,2013,0932,9712,9272,8112,759
TOTAL ASSETS:3,3943,5063,3603,2413,1113,0232,965
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities166141134114144123104
Accounts payable1321271289910810997
Accrued liabilities4   3  
Employee-related liabilities19   23  
Taxes payable4   4  
Interest and dividends payable6145156146
Deferred revenue3   3  
Debt376397397357199162172
Regulatory liability3511234718
Other undisclosed current liabilities954453984237
Total current liabilities:589604578513359334331
Noncurrent Liabilities
Long-term debt and lease obligation799785785786805826826
Long-term debt, excluding current maturities781785785786787807808
Finance lease, liability4   556
Operating lease, liability14   131313
Liabilities, other than long-term debt639700694691753635406
Accumulated deferred investment tax credit   2222
Deferred income tax liabilities276245224218223229 
Liability, pension and other postretirement and postemployment benefits116261261260259204201
Regulatory liability181194209210211201203
Other liabilities67   59  
Total noncurrent liabilities:1,4391,4861,4791,4771,5581,4611,232
Total liabilities:2,0282,0892,0561,9901,9171,7951,563
Stockholders' equity
Stockholders' equity attributable to parent921890782755780758723
Common stock1000000
Additional paid in capital449422400368362342340
Retained earnings472467381387417415382
Total stockholders' equity:921890782755780758723
Other undisclosed liabilities and equity445527521495414471678
TOTAL LIABILITIES AND EQUITY:3,3943,5063,3603,2413,1113,0232,965

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
6/30/2019
Q2
Revenues168222172135165215167
Other undisclosed gross profit(230)   (212)  
Gross profit:(62)222172135(48)215167
Operating expenses(31)(29)(27)(30)(27)(27)(25)
Other undisclosed operating income (loss)119(87)(133)(112)96(137)(115)
Operating income (loss):2510612(7)205227
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
113(4)101
Interest and debt expense(11)(11)(12)(11)(11)(10)(12)
Net income (loss):15964(21)104116
Other undisclosed net income attributable to parent01114  
Net income (loss) attributable to parent:15965(20)144116
Other undisclosed net income (loss) available to common stockholders, basic    (3)11
Net income (loss) available to common stockholders, diluted:15965(20)114217

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
6/30/2019
Q2
Net income (loss):15964(21)104116
Comprehensive income (loss), net of tax, attributable to parent:15964(21)104116

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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