Emerge Energy Services LP (EMESZ) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1400 CIVIC PLACE SOUTHLAKE, TX 76092 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 4 | 6 | 0 | 21 | 7 | 2 | ||
| Cash and cash equivalents | 4 | 6 | 0 | 21 | 7 | 2 | ||
| Receivables | (0) | 1 | 0 | (2) | (0) | (0) | ||
| Inventory, net of allowances, customer advances and progress billings | 27 | 28 | 17 | 43 | 32 | 41 | ||
| Inventory | 27 | 28 | 17 | 43 | 32 | 41 | ||
| Prepaid expense | 1 | 1 | 1 | |||||
| Other current assets | 2 | 2 | 2 | |||||
| Other undisclosed current assets | 26 | 60 | 33 | 51 | 85 | 61 | ||
| Total current assets: | 59 | 97 | 54 | 112 | 124 | 104 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 140 | 186 | 166 | 234 | 239 | 146 | ||
| Intangible assets, net (including goodwill) | 0 | 2 | 5 | 61 | 60 | 69 | ||
| Goodwill | 29 | 29 | 29 | |||||
| Intangible assets, net (excluding goodwill) | 0 | 2 | 5 | 31 | 31 | 39 | ||
| Other noncurrent assets | 12 | 24 | 25 | 13 | 14 | 4 | ||
| Total noncurrent assets: | 152 | 212 | 196 | 308 | 313 | 219 | ||
| TOTAL ASSETS: | 211 | 309 | 250 | 420 | 437 | 323 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 40 | 49 | 23 | 37 | 55 | 59 | ||
| Accounts payable | 23 | 19 | 11 | 18 | 21 | 36 | ||
| Accrued liabilities | 17 | 30 | 12 | 18 | 24 | 17 | ||
| Employee-related liabilities | 4 | 3 | ||||||
| Taxes payable | 5 | 3 | ||||||
| Debt | 227 | 1 | 4 | |||||
| Deferred compensation liability | 1 | 7 | ||||||
| Deferred revenue and credits | ✕ | 0 | 3 | |||||
| Other undisclosed current liabilities | (11) | (15) | ||||||
| Total current liabilities: | 268 | 49 | 23 | 37 | 47 | 57 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 176 | 134 | 296 | 222 | 94 | |||
| Long-term debt, excluding current maturities | 176 | 134 | 296 | 222 | 94 | |||
| Capital lease obligations | 0 | |||||||
| Liabilities, other than long-term debt, including: | 12 | 30 | 30 | 5 | 2 | 1 | ||
| Deferred revenue and credits | ✕ | 10 | ||||||
| Deferred lease income, after accumulated amortization | 8 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Asset retirement obligations | 5 | 2 | 1 | |||||
| Other liabilities | 1 | |||||||
| Other undisclosed liabilities, other than long-term debt | 4 | 20 | 29 | |||||
| Other undisclosed noncurrent liabilities | 4 | 5 | 8 | 8 | 11 | |||
| Total noncurrent liabilities: | 16 | 211 | 172 | 308 | 235 | 95 | ||
| Total liabilities: | 283 | 260 | 195 | 345 | 282 | 152 | ||
| Temporary equity, carrying amount | 7 | |||||||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 0 | 3 | 7 | |||||
| Warrants and rights outstanding | 0 | 3 | 7 | |||||
| Other undisclosed stockholders' equity | (72) | 46 | 41 | 75 | 155 | 171 | ||
| Total stockholders' equity: | (72) | 49 | 48 | 75 | 155 | 171 | ||
| TOTAL LIABILITIES AND EQUITY: | 211 | 309 | 250 | 420 | 437 | 323 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 314 | 364 | 128 | 712 | 1,111 | 873 | |
| Revenue, net | ✕ | 364 | 128 | 712 | 1,111 | 873 | |
| Cost of revenue | (277) | (323) | (191) | (664) | (1,072) | (868) | |
| Cost of goods and services sold | (5) | (37) | (46) | (137) | (1,072) | (868) | |
| Gross profit: | 37 | 42 | (62) | 47 | 40 | 5 | |
| Operating expenses | (135) | (30) | (27) | (44) | (64) | (49) | |
| Other undisclosed operating income | 122 | 90 | |||||
| Operating income (loss): | (98) | 11 | (90) | 4 | 98 | 47 | |
| Nonoperating expense | (30) | (15) | (24) | (13) | (8) | (11) | |
| Other nonoperating income (expense) | 3 | 4 | (2) | 0 | (1) | 1 | |
| Interest and debt expense | (2) | (1) | (4) | (13) | (7) | (13) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2 | 1 | 4 | 13 | 7 | 13 | |
| Income (loss) from continuing operations before income taxes: | (128) | (4) | (113) | (9) | 90 | 36 | |
| Income tax expense (benefit) | (0) | (0) | 0 | (1) | (1) | (0) | |
| Income (loss) from continuing operations: | (129) | (4) | (113) | (9) | 89 | 35 | |
| Income (loss) from discontinued operations | (3) | 40 | |||||
| Net income (loss) available to common stockholders, diluted: | (129) | (7) | (73) | (9) | 89 | 35 | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (129) | (7) | (73) | (9) | 89 | 35 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (129) | (7) | (73) | (9) | 89 | 35 | |
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.