Providence & Worcester Railroad Co (PWX) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
75 HAMMOND ST WORCESTER, MA 01610 |
| State of Incorp. | RI |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4011 - Railroads, Line-Haul Operating (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 6,281 | 6,414 | 2,614 | 951 | |||
| Cash and cash equivalent | 6,281 | 6,414 | 2,614 | 951 | |||
| Receivables | 4,977 | 5,007 | 5,727 | 4,461 | |||
| Inventory, net of allowances, customer advances and progress billings | 911 | 1,067 | 1,308 | 979 | |||
| Inventory | 911 | 1,067 | 1,308 | 979 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 445 | ||
| Other undisclosed current assets | 621 | 1,033 | 861 | 294 | |||
| Total current assets: | 12,790 | 13,521 | 10,510 | 7,130 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 88,910 | 85,955 | 85,571 | 86,071 | |||
| Other undisclosed noncurrent assets | 12,457 | 12,457 | 12,457 | 12,457 | |||
| Total noncurrent assets: | 101,367 | 98,412 | 98,028 | 98,528 | |||
| TOTAL ASSETS: | 114,157 | 111,933 | 108,538 | 105,658 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 5,904 | 6,552 | 5,422 | 5,958 | |||
| Employee-related liabilities | 870 | ||||||
| Accounts payable | 4,251 | 3,872 | 3,745 | 4,333 | |||
| Accrued liabilities | 1,653 | 1,810 | 1,677 | 1,625 | |||
| Debt | 20 | ||||||
| Deferred revenue and credits | 230 | ||||||
| Other undisclosed current liabilities | 319 | (870) | 239 | 111 | |||
| Total current liabilities: | 6,243 | 5,912 | 5,661 | 6,069 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 980 | 239 | 111 | ||||
| Long-term debt, excluding current maturities | 980 | 239 | 111 | ||||
| Liabilities, other than long-term debt | 13,602 | 26,609 | 26,115 | 23,665 | |||
| Deferred revenue and credits | 12,986 | 12,477 | 10,305 | ||||
| Deferred tax liabilities, net | 13,602 | 13,623 | 13,638 | 13,360 | |||
| Total noncurrent liabilities: | 14,582 | 26,609 | 26,354 | 23,776 | |||
| Total liabilities: | 20,825 | 32,521 | 32,015 | 29,845 | |||
| Equity | |||||||
| Equity, attributable to parent | 80,618 | 79,412 | 76,762 | 75,924 | |||
| Preferred stock | 32 | 32 | 32 | 32 | |||
| Common stock | 2,432 | 2,430 | 2,425 | 2,421 | |||
| Additional paid in capital | 38,050 | 37,891 | 37,635 | 37,444 | |||
| Retained earnings | 40,104 | 39,059 | 36,670 | 36,027 | |||
| Total equity: | 80,618 | 79,412 | 76,762 | 75,924 | |||
| Other undisclosed liabilities and equity | 12,714 | (239) | (111) | ||||
| TOTAL LIABILITIES AND EQUITY: | 114,157 | 111,933 | 108,538 | 105,658 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 35,797 | 34,824 | 33,318 | 29,960 | ||
| Revenue, net | 35,797 | 34,318 | 33,318 | 29,960 | ||
| Cost of revenue | (28,195) | (26,671) | (26,379) | (25,487) | ||
| Cost of product and service sold | (16,393) | (15,944) | (15,808) | (15,616) | ||
| Gross profit: | 7,602 | 8,153 | 6,939 | 4,473 | ||
| Operating expenses | (5,016) | (4,486) | (5,120) | (1,992) | ||
| Operating income: | 2,586 | 3,667 | 1,819 | 2,481 | ||
| Nonoperating income (Other Nonoperating income) | 75 | 506 | 149 | 2,744 | ||
| Interest and debt expense | (4) | (202) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,012) | (149) | (2,542) | |||
| Income from continuing operations before equity method investments, income taxes: | 2,657 | 3,161 | 1,819 | 2,481 | ||
| Other undisclosed income from continuing operations before income taxes | 506 | 149 | 2,542 | |||
| Income from continuing operations before income taxes: | 2,657 | 3,667 | 1,968 | 5,023 | ||
| Income tax expense | (831) | (496) | (547) | (1,487) | ||
| Income from continuing operations: | 1,826 | 3,171 | 1,421 | 3,536 | ||
| Income before gain (loss) on sale of properties: | 1,826 | 3,171 | 1,421 | 3,536 | ||
| Net income attributable to parent: | 1,826 | 3,171 | 1,421 | 3,536 | ||
| Preferred stock dividends and other adjustments | (3) | (3) | (3) | (3) | ||
| Net income available to common stockholders, basic: | 1,823 | 3,168 | 1,418 | 3,533 | ||
| Other undisclosed net income available to common stockholders, diluted | 3 | 3 | 3 | |||
| Net income available to common stockholders, diluted: | 1,826 | 3,171 | 1,421 | 3,533 | ||
Comprehensive Income ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income: | 1,826 | 3,171 | 1,421 | 3,536 | ||
| Comprehensive income, net of tax, attributable to parent: | 1,826 | 3,171 | 1,421 | 3,536 | ||
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.