Intrepid Potash, Inc (IPI) financial statements (2021 and earlier)

Company profile

Business Address 1001 17TH STREET
DENVER, CO 80202
State of Incorp. DE
Fiscal Year End December 31
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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments202133146078
Cash and cash equivalents20213314968
Short-term investments     5110
Restricted cash and investments00     
Receivables24252619111135
Inventory, net of allowances, customer advances and progress billings899482839410784
Inventory899482839410784
Deferred costs   6813 
Other current assets   010 
Other undisclosed current assets3543545
Total current assets:136145145112124196202
Noncurrent Assets
Inventory, Noncurrent     17 
Operating lease, right-of-use asset 6
Property, plant and equipment355379346365388419785
Long-term investments and receivables     412
Long-term investments     412
Intangible assets, net (including goodwill)1925     
Intangible assets, net (excluding goodwill)1925     
Restricted cash and investments 0014 1
Other noncurrent assets11844844
Other undisclosed noncurrent assets2915303018 163
Total noncurrent assets:414433380399417445964
TOTAL ASSETS:5505785255115416401,167
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities24282323233949
Accounts payable710911101622
Accrued liabilities13149891512
Employee-related liabilities44444712
Taxes payable 01   3
Deferred revenue 17
Debt1022 10   
Asset retirement obligation 0    2
Due to related parties  00000
Other liabilities3319120112
Other undisclosed current liabilities 1 4  (6)
Total current liabilities:67873537243947
Noncurrent Liabilities
Long-term debt and lease obligation47345049133150150
Long-term debt, excluding current maturities45305049133150150
Operating lease, liability24
Liabilities, other than long-term debt25232422202523
Asset retirement obligations24222321202320
Other liabilities1000 22
Total noncurrent liabilities:72567371153175173
Total liabilities:139144108109178214219
Stockholders' equity
Stockholders' equity attributable to parent411435417403363427947
Common stock0000000
Additional paid in capital657653649646584580576
Accumulated other comprehensive loss     (0)(0)
Retained earnings (accumulated deficit)(246)(218)(232)(243)(220)(154)371
Total stockholders' equity:411435417403363427947
TOTAL LIABILITIES AND EQUITY:5505785255115416401,167

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues
(Revenue, Net)
   158211287410
Cost of revenue
(Cost of Goods and Services Sold)
(4)(2)(2)(142)(209)(257)(355)
Other undisclosed gross profit154540(10)(31)(46)(13)
Gross profit:1143386(29)(15)42
Operating expenses(33)(25)(22)(21)(25)(353)(31)
Other operating income (expense), net(1)(1)(0)32(1)4
Other undisclosed operating loss (1)(1)(2)(6)  
Operating income (loss):(23)1615(14)(58)(370)16
Nonoperating income0000111
Investment income, nonoperating  00010
Other nonoperating income0000111
Interest and debt expense(4)(3)(4)(12)(12)(6) 
Other undisclosed loss from continuing operations before equity method investments, income taxes      (6)
Income (loss) from continuing operations before income taxes:(27)1412(26)(68)(375)11
Income tax expense (benefit)(0)(0)(0)31(150)(1)
Net income (loss) available to common stockholders, diluted:(27)1412(23)(67)(525)10

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(27)1412(23)(67)(525)10
Other comprehensive income (loss)    0(0)(0)
Comprehensive income (loss), net of tax, attributable to parent:(27)1412(23)(67)(525)10

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.

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