RCI Hospitality Holdings, Inc. (RICK) Financial Statements (2024 and earlier)

Company Profile

Business Address 10737 CUTTEN ROAD
HOUSTON, TX 77066
State of Incorp. TX
Fiscal Year End September 30
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
12/31/2022
MRQ
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments34,10835,98035,68615,60514,09717,726
Cash and cash equivalents34,10835,98035,68615,60514,09717,726
Receivables6,2518,7407,7906,9687,2437,320
Inventory, net of allowances, customer advances and progress billings4,0513,8932,6592,3722,5982,353
Inventory4,0513,8932,6592,3722,5982,353
Prepaid expense8,5651,4381,8164,8845,4464,910
Asset, held-for-sale, not part of disposal group  1,0494,887 2,8662,902
Other current assets    1,6042,5211,591
Other undisclosed current assets4661112   
Total current assets:53,02151,16152,95031,43334,77136,802
Noncurrent Assets
Operating lease, right-of-use asset36,32937,04824,30825,546 
Property, plant and equipment246,536224,615175,952181,383183,956172,403
Long-term investments and receivables4,6314,6912,8392,9084,2112,874
Accounts and financing receivable, after allowance for credit loss4,6314,6912,8392,9084,2112,874
Intangible assets, net (including goodwill)214,138211,816107,203118,763129,581115,957
Goodwill70,18967,76739,37945,68653,63044,425
Intangible assets, net (excluding goodwill)143,949144,04967,82473,07775,95171,532
Other noncurrent assets1,5031,4071,3679001,1182,530
Total noncurrent assets:503,137479,577311,669329,500318,866293,764
TOTAL ASSETS:556,158530,738364,619360,933353,637330,566
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities24,04622,72215,62419,37218,45414,798
Settlement liabilities813   
Interest and dividends payable499    
Taxes payable2,227    
Employee-related liabilities3,186    
Accounts payable5,1825,4824,4084,7993,8102,825
Accrued liabilities18,86411,32810,40314,57314,64411,973
Debt13,29111,8966,43416,30415,75419,047
Other undisclosed current liabilities2,850(3,117)9671,628  
Total current liabilities:40,18731,50123,02537,30434,20833,845
Noncurrent Liabilities
Long-term debt and lease obligation197,943226,568142,884150,570127,774121,580
Long-term debt, excluding current maturities197,943190,567118,734125,131127,774121,580
Liabilities, other than long-term debt66,21830,91119,48720,7521,69620,975
Deferred tax liabilities, net19,552
Deferred income tax liabilities30,56230,56219,13720,390 
Other liabilities3863493503621,6961,423
Operating lease, liability35,27036,00124,15025,439 
Other undisclosed noncurrent liabilities     21,658 
Total noncurrent liabilities:264,161257,479162,371171,322151,128142,555
Total liabilities:304,348288,980185,396208,626185,336176,400
Equity
Equity, attributable to parent251,888241,269179,823152,721168,457154,269
Common stock929290919697
Additional paid in capital68,07067,22750,04051,83361,31264,212
Accumulated other comprehensive income      220
Retained earnings183,726173,950129,693100,797107,04989,740
Equity, attributable to noncontrolling interest(78)489(600)(414)(156)(103)
Total equity:251,810241,758179,223152,307168,301154,166
TOTAL LIABILITIES AND EQUITY:556,158530,738364,619360,933353,637330,566

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

9/30/2023
12/31/2022
TTM
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Revenues275,752267,620195,258132,327181,059165,748
Cost of revenue
(Cost of Goods and Services Sold)
(4,193)(3,754)(2,767)(19,435)(24,937)(22,909)
Gross profit:271,559263,866192,491112,892156,122142,839
Operating expenses(203,306)(196,161)(156,710)(129,581)(146,358)(137,352)
Other undisclosed operating income4,1933,7542,76719,43524,93722,909
Operating income:72,44671,45938,5482,74634,70128,396
Nonoperating income (expense)5236225,583324(9,900)234
Investment income, nonoperating5236225,583324 234
Other nonoperating expense     (9,900) 
Interest and debt expense(13,033)(11,950)(9,992)(9,811)(597)(319)
Other undisclosed loss from continuing operations before equity method investments, income taxes    (64)(15)(9,635)
Income (loss) from continuing operations before income taxes:59,93660,13134,139(6,805)24,18918,676
Income tax expense (benefit)(14,169)(14,071)(3,989)493(4,863)3,118
Income (loss) from continuing operations:45,76746,06030,150(6,312)19,32621,794
Income (loss) before gain (loss) on sale of properties:35,49646,06030,150(6,312)19,32621,794
Net income (loss):45,76746,06030,150(6,312)19,32621,794
Net income (loss) attributable to noncontrolling interest(63)(19)186227(151)(81)
Net income (loss) available to common stockholders, diluted:45,70446,04130,336(6,085)19,17521,713

Comprehensive Income ($ in thousands)

9/30/2023
12/31/2022
TTM
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Net income (loss):45,76746,06030,150(6,312)19,32621,794
Other comprehensive income      220
Other undisclosed comprehensive loss     (220) 
Comprehensive income (loss):45,76746,06030,150(6,312)19,10622,014
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(63)(19)186227(151)(81)
Comprehensive income (loss), net of tax, attributable to parent:45,70446,04130,336(6,085)18,95521,933

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.

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