Drive Shack Inc. (DS) Financial Statements (2023 and Earlier)

Company Profile

Business Address 10670 N. CENTRAL EXPRESSWAY, SUITE 700
DALLAS, TX 75231
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 581 - Eating And Drinking Places (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments62678589511616
Cash and cash equivalents58648186481313
Short-term investments3333333
Restricted cash and investments3333233
Receivables6455444
Inventory, net of allowances, customer advances and progress billings2222223
Inventory2222223
Other current assets30292318141514
Other undisclosed current assets(2)(2)(2)(2)(2)1514
Total current assets:101103115115725553
Noncurrent Assets
Finance lease, right-of-use asset14161618191918
Operating lease, right-of-use asset182186188195193198203
Intangible assets, net (including goodwill)13141415151516
Intangible assets, net (excluding goodwill)13141415151516
Restricted cash and investments1111100
Other noncurrent assets7667765
Other undisclosed noncurrent assets165159155150150156161
Total noncurrent assets:382381381385385395404
TOTAL ASSETS:483484496500457449457
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:34343326303934
Accrued liabilities3 33462
Interest and dividends payable1111   
Other undisclosed accounts payable and accrued liabilities30332922253332
Deferred revenue26131720231524
Debt5666676
Other liabilities27212528283027
Other undisclosed current liabilities18181515151514
Total current liabilities:111919595102106106
Noncurrent Liabilities
Long-term debt and lease obligation217226224225219223226
Long-term debt, excluding current maturities51515151515151
Operating lease, liability166175172174168172175
Liabilities, other than long-term debt1114141413118
Deferred revenue101110111077
Other liabilities1343332
Other undisclosed noncurrent liabilities114113114114113110108
Total noncurrent liabilities:342352352353345344343
Total liabilities:453444446447447450448
Stockholders' equity
Stockholders' equity attributable to parent2840505210(0)9
Preferred stock62626262626262
Common stock1111111
Additional paid in capital3,2343,2343,2333,2333,1793,1783,178
Accumulated other comprehensive income1111111
Accumulated deficit(3,269)(3,258)(3,248)(3,244)(3,232)(3,242)(3,233)
Stockholders' equity attributable to noncontrolling interest11     
Total stockholders' equity:3041505210(0)9
TOTAL LIABILITIES AND EQUITY:483484496500457449457

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

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues71767461606632
Cost of revenue(12)(12)(10)(12)(39)(9)(8)
Cost of goods and services sold(4)(4)(3)(2)(2)(2)(1)
Gross profit:59646449215724
Operating expenses(67)(70)(63)(57)(25)(63)(37)
Operating income (loss):(8)(6)1(8)(4)(6)(12)
Nonoperating income (expense)
(Investment Income, Nonoperating)
(2)(2)(3)(3)14(3)(27)
Interest and debt expense(3)(3)(3)(3)(3)(3)(3)
Income (loss) from continuing operations before equity method investments, income taxes:(12)(11)(4)(13)8(12)(42)
Other undisclosed income from continuing operations before income taxes3333333
Income (loss) from continuing operations before income taxes:(10)(8)(2)(10)10(9)(39)
Income tax expense(0)(1)(0)(0)(0)(0)(1)
Income (loss) from continuing operations:(10)(9)(2)(11)10(9)(40)
Loss from discontinued operations     (0) 
Other undisclosed income before gain (loss) on sale of properties    0  
Income (loss) before gain (loss) on sale of properties:(10)(9)(2)(11)10(10)(40)
Other undisclosed net income (loss)    (0)0 
Net income (loss):(10)(9)(2)(11)10(9)(40)
Net income attributable to noncontrolling interest00     
Net income (loss) attributable to parent:(10)(9)(2)(11)10(9)(40)
Preferred stock dividends and other adjustments(1)(1)(1)(1)(1)(1)(1)
Net income (loss) available to common stockholders, diluted:(11)(10)(3)(12)9(11)(41)

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income (loss):(10)(9)(2)(11)10(9)(40)
Other comprehensive loss(0)(0)   (0)(0)
Other undisclosed comprehensive income (loss)  (0)(0)0  
Comprehensive income (loss):(10)(9)(2)(11)10(9)(40)
Comprehensive income, net of tax, attributable to noncontrolling interest00     
Comprehensive income (loss), net of tax, attributable to parent:(10)(9)(2)(11)10(9)(40)

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.

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: