Green Plains Partners LP (GPP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1811 AKSARBEN DRIVE OMAHA, NE 68106 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 286 - Industrial Organic Chemicals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 20,166 | 17,645 | 2,478 | 261 | 569 | 502 | |||
| Cash and cash equivalents | 20,166 | 17,645 | 2,478 | 261 | 569 | 502 | |||
| Receivables | 12,997 | 14,555 | 14,744 | 16,651 | 15,357 | 19,974 | |||
| Deferred costs | 96 | ||||||||
| Other undisclosed current assets | 1,410 | 845 | 772 | 517 | 690 | 1,062 | |||
| Total current assets: | 34,573 | 33,045 | 17,994 | 17,429 | 16,616 | 21,634 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 47,002 | 38,863 | 40,604 | 35,456 | ✕ | ✕ | |||
| Property, plant and equipment | 26,137 | 28,773 | 32,119 | 37,355 | 40,911 | 48,305 | |||
| Long-term investments and receivables | 2,680 | 3,193 | 3,994 | 4,329 | 11,748 | 10,337 | |||
| Long-term investments | 2,680 | 3,193 | 3,994 | 4,329 | 3,648 | 2,237 | |||
| Accounts and financing receivable, after allowance for credit loss | 8,100 | 8,100 | |||||||
| Intangible assets, net (including goodwill) | 10,598 | 10,598 | 10,598 | 10,598 | 10,598 | 10,598 | |||
| Goodwill | 10,598 | 10,598 | 10,598 | 10,598 | 10,598 | 10,598 | |||
| Other noncurrent assets | 432 | 11 | 486 | 1,271 | 1,394 | ||||
| Total noncurrent assets: | 86,849 | 81,427 | 87,326 | 88,224 | 64,528 | 70,634 | |||
| TOTAL ASSETS: | 121,422 | 114,472 | 105,320 | 105,653 | 81,144 | 92,268 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 7,935 | 8,496 | 8,319 | 9,511 | 6,590 | 12,538 | |||
| Accounts payable | 3,086 | 4,232 | 3,792 | 5,050 | 2,501 | 5,854 | |||
| Accrued liabilities | 4,849 | 4,264 | 4,527 | 4,461 | 4,089 | 6,684 | |||
| Debt | 97,739 | 145,193 | |||||||
| Asset retirement obligation | 1,861 | 1,156 | 911 | 565 | 674 | 192 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,222 | ||
| Due to related parties | ✕ | 1,139 | 722 | 607 | 543 | 676 | 2,106 | ||
| Other undisclosed current liabilities | 14,734 | 12,108 | 11,506 | 248 | |||||
| Total current liabilities: | 25,669 | 22,482 | 119,082 | 155,812 | 8,188 | 16,058 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 58,559 | 87,029 | 29,835 | 23,088 | 142,868 | 135,672 | |||
| Long-term debt, excluding current maturities | 58,559 | 59,467 | 142,025 | 134,875 | |||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | 843 | 797 | ||
| Liabilities, other than long-term debt | 36,444 | 2,658 | 2,865 | 2,500 | 2,542 | 3,384 | |||
| Asset retirement obligations | 2,862 | 2,658 | 2,865 | 2,500 | 2,542 | 3,384 | |||
| Operating lease, liability | 33,582 | 27,562 | 29,835 | 23,088 | ✕ | ✕ | |||
| Total noncurrent liabilities: | 95,003 | 89,687 | 32,700 | 25,588 | 145,410 | 139,056 | |||
| Total liabilities: | 120,672 | 112,169 | 151,782 | 181,400 | 153,598 | 155,114 | |||
| Equity | |||||||||
| Other undisclosed equity | 750 | 2,303 | (46,462) | (75,747) | (72,454) | (62,846) | |||
| Total equity: | 750 | 2,303 | (46,462) | (75,747) | (72,454) | (62,846) | |||
| TOTAL LIABILITIES AND EQUITY: | 121,422 | 114,472 | 105,320 | 105,653 | 81,144 | 92,268 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 79,767 | 78,452 | 83,345 | 82,387 | 100,748 | 106,993 | ||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | ✕ | ✕ | 86,538 | ✕ | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 100,808 | |
| Operating lease, lease income | 67,814 | 66,233 | 70,500 | 68,839 | ✕ | ✕ | ||
| Revenue from related parties | ✕ | 94,267 | ✕ | |||||
| Cost of revenue (Cost of Goods and Services Sold) | (25,158) | (23,061) | (26,125) | (25,658) | (30,866) | (33,501) | ||
| Gross profit: | 54,609 | 55,391 | 57,220 | 56,729 | 69,882 | 73,492 | ||
| Operating expenses | (8,591) | (8,149) | (8,012) | (7,496) | (9,700) | (9,334) | ||
| Other undisclosed operating income | 2,721 | |||||||
| Operating income: | 46,018 | 47,242 | 49,208 | 49,233 | 62,903 | 64,158 | ||
| Nonoperating income (expense) | (7,392) | (8,513) | (8,215) | (7,107) | (5,171) | |||
| Investment income, nonoperating | 81 | 81 | 81 | |||||
| Interest and debt expense | (5,924) | (1,009) | (8,513) | (8,310) | (7,307) | (5,402) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 7,307 | 5,402 | ||||||
| Income from continuing operations before equity method investments, income taxes: | 40,094 | 38,841 | 32,182 | 32,708 | 55,796 | 58,987 | ||
| Income (loss) from equity method investments | 637 | (14) | (11) | |||||
| Other undisclosed income from continuing operations before income taxes | 1,009 | 8,513 | 8,310 | |||||
| Income from continuing operations before income taxes: | 40,731 | 39,850 | 40,695 | 41,018 | 55,782 | 58,976 | ||
| Income tax expense | (81) | (188) | (212) | (220) | (101) | (109) | ||
| Income from continuing operations: | 40,650 | 39,662 | 40,483 | 40,798 | 55,681 | 58,867 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | 39,662 | 40,483 | 40,798 | 55,681 | 58,867 | |
| Net income: | 40,650 | 39,662 | 40,483 | 40,798 | 55,681 | 58,867 | ||
| Other undisclosed net income (loss) attributable to parent | 700 | 664 | 681 | |||||
| Net income available to common stockholders, diluted: | 40,650 | 40,362 | 41,147 | 41,479 | 55,681 | 58,867 | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 40,650 | 39,662 | 40,483 | 40,798 | 55,681 | 58,867 | ||
| Comprehensive income, net of tax, attributable to parent: | 40,650 | 39,662 | 40,483 | 40,798 | 55,681 | 58,867 | ||
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.