InfraREIT, Inc. (HIFR) Financial Statements (2024 and earlier)

Company Profile

Business Address 1900 NORTH AKARD STREET
DALLAS, TX 75201
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

3/31/2019
MRQ
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,8082,86717,6129,471
Cash and cash equivalents 1,8082,86717,6129,471
Restricted cash and investments 1,6891,6831,6821,682
Receivables 38,17435,17232,55431,172
Inventory, net of allowances, customer advances and progress billings 6,9036,7597,2766,731
Inventory 6,9036,7597,2766,731
Prepaid expense    560
Other undisclosed current assets 1,0772,460726 
Total current assets: 49,65148,94159,85049,616
Noncurrent Assets
Intangible assets, net (including goodwill) 138,384138,384138,384138,384
Goodwill 138,384138,384138,384138,384
Other noncurrent assets 31,67834,31437,64641,140
Other undisclosed noncurrent assets 1,811,3171,772,2291,640,8201,434,531
Total noncurrent assets: 1,981,3791,944,9271,816,8501,614,055
TOTAL ASSETS: 2,031,0301,993,8681,876,7001,663,671
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 19,65721,23037,37222,943
Interest and dividends payable 15,17615,16915,16113,634
Taxes payable 1,0525,6334,4153,312
Other undisclosed accounts payable and accrued liabilities 3,42942817,7965,997
Debt 121,292109,305145,34961,423
Other undisclosed current liabilities 16,22820,80219,57616,946
Total current liabilities: 157,177151,337202,297101,312
Noncurrent Liabilities
Long-term debt and lease obligation 832,455841,215709,488617,466
Long-term debt, excluding current maturities 832,455841,215709,488617,466
Liabilities, other than long-term debt 115,532100,45821,00410,625
Regulatory liability 115,532100,45821,00410,625
Total noncurrent liabilities: 947,987941,673730,492628,091
Total liabilities: 1,105,1641,093,010932,789729,403
Equity
Equity, attributable to parent 676,701657,067688,040678,123
Common stock 440438438436
Additional paid in capital 708,283706,357705,845702,213
Accumulated deficit (32,022)(49,728)(18,243)(24,526)
Equity, attributable to noncontrolling interest 249,165243,791255,871256,145
Total equity: 925,866900,858943,911934,268
TOTAL LIABILITIES AND EQUITY: 2,031,0301,993,8681,876,7001,663,671

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

3/31/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 200,354134,562172,099151,203
Operating leases, income statement, lease revenue 200,354
Revenue, net134,562172,099151,203
Cost of revenue (47,497)   
Gross profit: 152,857134,562172,099151,203
Operating expenses (31,281)(76,338)(68,556)(104,817)
Operating income: 121,57658,224103,54346,386
Nonoperating expense (41,005)(39,953)(33,139)(25,506)
Interest and debt expense (42,122)(40,671)(36,920)(28,554)
Income (loss) from continuing operations before equity method investments, income taxes: 38,449(22,400)33,484(7,674)
Other undisclosed income from continuing operations before income taxes 42,12240,67136,92028,554
Income from continuing operations before income taxes: 80,57118,27170,40420,880
Income tax expense (benefit) 4,581(1,218)(1,103)(949)
Income from continuing operations: 85,15217,05369,30119,931
Income before gain (loss) on sale of properties: 85,15217,05369,30119,931
Net income: 85,15217,05369,30119,931
Net loss attributable to noncontrolling interest (23,482)(4,751)(19,347)(6,664)
Net income available to common stockholders, diluted: 61,67012,30249,95413,267

Comprehensive Income ($ in thousands)

3/31/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income: 85,15217,05369,30119,931
Comprehensive income: 85,15217,05369,30119,931
Comprehensive loss, net of tax, attributable to noncontrolling interest (23,482)(4,751)(19,347)(6,664)
Comprehensive income, net of tax, attributable to parent: 61,67012,30249,95413,267

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: