Gulf Island Fabrication, Inc. (GIFI) financial statements (2021 and earlier)

Company profile

Business Address 16225 PARK TEN PLACE, SUITE 280
HOUSTON, TX 77084
State of Incorp. LA
Fiscal Year End December 31
SIC 344 - Fabricated Structural Metal Products (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 investments, including:51646969707176
Cash and cash equivalents43444949504630
Short-term investments8202020202546
Other undisclosed cash, cash equivalents, and short-term investments 000(0)  
Receivables15241316263023
Inventory, net of allowances, customer advances and progress billings2333345
Inventory2333345
Prepaid expense3232434
Contract with customer, asset68727865525151
Disposal group, including discontinued operation888891919
Other undisclosed current assets (0)(0)(0)0  
Total current assets:147173174162163179178
Noncurrent Assets
Property, plant and equipment67737270707576
Other noncurrent assets17171619192424
Total noncurrent assets:848988898998100
TOTAL ASSETS:231262263251253277278
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities78887079726965
Accounts payable70796271625955
Accrued liabilities8988101010
Deferred revenue15202712261614
Debt542    
Total current liabilities:981129990988579
Noncurrent Liabilities
Long-term debt and lease obligation568    
Long-term debt, excluding current maturities568    
Liabilities, other than long-term debt2222255
Other liabilities2222255
Total noncurrent liabilities:79102255
Total liabilities:105121109921009084
Stockholders' equity
Stockholders' equity attributable to parent126141153159153187193
Common stock11111111111111
Additional paid in capital104104103103103103103
Retained earnings11263944387380
Total stockholders' equity:126141153159153187193
TOTAL LIABILITIES AND EQUITY:231262263251253277278

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
Revenues58556079797680
Cost of revenue
(Cost of Goods and Services Sold)
(66)(63)(62)(79)(93)(78)(82)
Gross profit:(8)(8)(2)(0)(13)(3)(2)
Operating expenses(3)(3)(4)(4)(4)(4)(4)
Other operating income (expense), net(0)(1)(0)10(0)00
Other undisclosed operating loss(4)(0)  (17)(0) 
Operating income (loss):(15)(12)(5)6(34)(7)(5)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(0)(0)(0)0000
Income (loss) from continuing operations before income taxes:(16)(12)(6)6(34)(7)(5)
Income tax expense (benefit)00(0)(0)000
Net income (loss) available to common stockholders, diluted:(15)(12)(6)6(34)(7)(5)

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):(15)(12)(6)6(34)(7)(5)
Comprehensive income (loss), net of tax, attributable to parent:(15)(12)(6)6(34)(7)(5)

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: