PetIQ, Inc. (PETQ) financial statements (2021 and earlier)

Company profile

Business Address PETIQ LLC
EAGLE, ID 83616
State of Incorp. DE
Fiscal Year End December 31
SIC 5122 - Drugs, Drug Proprietaries, and Druggists' Sundries (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2710375466412
Cash and cash equivalents2710375466412
Receivables71998565455451
Inventory, net of allowances, customer advances and progress billings809898113927781
Inventory809898113927781
Prepaid expense     02
Other current assets7634422
Total current assets:185213223237208136147
Noncurrent Assets
Finance lease, right-of-use asset 44 
Operating lease, right-of-use asset212212 
Property, plant and equipment53462627272526
Intangible assets, net (including goodwill)351353211213214204205
Goodwill231232125125125118118
Intangible assets, net (excluding goodwill)1201228687898587
Deferred income tax assets60   
Other noncurrent assets3233333
Deferred tax assets, net47444119
Other undisclosed noncurrent assets 504410   
Total noncurrent assets:487477301299288273252
TOTAL ASSETS:673690524535495409400
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities65726977625272
Accounts payable52596171554665
Accrued liabilities4411112
Employee-related liabilities9974543
Interest and dividends payable0011111
Debt4422222
Other undisclosed current liabilities5533   
Total current liabilities:73807582645474
Noncurrent Liabilities
Long-term debt and lease obligation271274110115110109109
Long-term debt, excluding current maturities251255100115107108107
Finance lease, liability322 
Capital lease obligations212
Operating lease, liability17189 
Liabilities, other than long-term debt0000100
Other liabilities0000100
Other undisclosed noncurrent liabilities   9 78
Total noncurrent liabilities:271274111125110117117
Total liabilities:344354186207174171191
Stockholders' equity
Stockholders' equity attributable to parent283286282268256188142
Additional paid in capital300293282272262190146
Accumulated other comprehensive loss(1)(2)(1)(1)(1)(1)(1)
Retained earnings (accumulated deficit)(16)(5)1(3)(4)(1)(3)
Other undisclosed stockholders' equity45505660655167
Total stockholders' equity:328336338329321239209
TOTAL LIABILITIES AND EQUITY:673690524535495409400

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

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues154186221148111131171
Cost of revenue
(Cost of Goods and Services Sold)
(134)(159)(186)(124)(94)(107)(145)
Gross profit:20273525172426
Operating expenses(29)(29)(24)(21)(19)(18)(17)
Other undisclosed operating income (loss)(4)(2)(1)1(3)  
Operating income (loss):(13)(4)95(5)79
Nonoperating income (expense)
(Foreign Currency Transaction Gain (Loss), before Tax)
(0) 0(0)0(0)0
Interest and debt expense(5)(6)(0)    
Other undisclosed loss from continuing operations before equity method investments, income taxes    (8)  
Income (loss) from continuing operations before equity method investments, income taxes:(17)(10)95(13)710
Other undisclosed income (loss) from continuing operations before income taxes00(2)(2)7(2)(3)
Income (loss) from continuing operations before income taxes:(17)(10)73(7)56
Income tax expense (benefit)31(1)(1)1(1)(1)
Net income (loss):(14)(9)62(5)45
Net income (loss) attributable to noncontrolling interest33(2)(1)2(2)(3)
Net income (loss) available to common stockholders, diluted:(11)(6)42(3)22

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income (loss):(14)(9)62(5)45
Other comprehensive income (loss)1(0)(1)1(0)  
Other undisclosed comprehensive loss     (0)(1)
Comprehensive income (loss):(13)(9)53(6)45
Comprehensive income (loss), net of tax, attributable to noncontrolling interest33(2)(1)2(2)(3)
Comprehensive income (loss), net of tax, attributable to parent:(10)(6)32(4)22

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: