Rand Logistics Inc (RLOG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
333 WASHINGTON STREET JERSEY CITY, NJ 07302 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 44 - Water Transportation (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2017 Q3 | 9/30/2017 Q2 | 6/30/2017 Q1 | 3/31/2017 Q4 | 12/31/2016 Q3 | 9/30/2016 Q2 | 6/30/2016 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,034 | 1,036 | 335 | 312 | 409 | 792 | |||
| Cash and cash equivalents | 2,034 | 1,036 | 335 | 312 | 409 | 792 | |||
| Restricted cash and investments | |||||||||
| Receivables | 16,793 | 15,775 | 4,147 | 15,977 | 12,834 | 15,302 | |||
| Prepaid expense | 311 | 486 | 302 | 293 | 527 | 877 | |||
| Other undisclosed current assets | 6,407 | 6,210 | 5,907 | 5,601 | 6,118 | 6,203 | |||
| Total current assets: | 25,545 | 23,507 | 10,691 | 22,183 | 19,888 | 23,174 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 223,245 | 222,838 | 214,046 | 211,270 | 218,051 | 223,594 | |||
| Intangible assets, net (including goodwill) | 14,693 | 14,840 | 15,020 | 15,239 | 15,561 | 15,865 | |||
| Goodwill | 10,193 | 10,193 | 10,193 | 10,193 | 10,193 | 10,193 | |||
| Intangible assets, net (excluding goodwill) | 4,500 | 4,647 | 4,827 | 5,046 | 5,368 | 5,672 | |||
| Other noncurrent assets | 18 | 29 | 41 | 52 | 62 | 79 | |||
| Other undisclosed noncurrent assets | 12,217 | 11,607 | 8,802 | 5,774 | 6,330 | 7,099 | |||
| Total noncurrent assets: | 250,173 | 249,314 | 237,909 | 232,335 | 240,004 | 246,637 | |||
| TOTAL ASSETS: | 275,718 | 272,821 | 248,600 | 254,518 | 259,892 | 269,811 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 19,563 | 25,064 | 24,290 | 18,802 | 21,346 | 23,778 | |||
| Taxes payable | 115 | 14 | 15 | 30 | |||||
| Accounts payable | 7,646 | 11,841 | 9,070 | 7,535 | 9,425 | 13,916 | |||
| Accrued liabilities | 11,802 | 13,223 | 15,220 | 11,253 | 11,906 | 9,832 | |||
| Debt | 149,828 | 143,756 | 119,702 | ||||||
| Customer advances and deposits | 424 | 412 | 404 | 99 | 115 | 112 | |||
| Other undisclosed current liabilities | 86,288 | 85,632 | 80,577 | 135 | 281 | 423 | |||
| Total current liabilities: | 256,103 | 254,864 | 224,973 | 19,036 | 21,742 | 24,313 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 114,138 | 117,065 | 127,657 | ||||||
| Long-term debt, excluding current maturities | 114,138 | 117,065 | 127,657 | ||||||
| Liabilities, other than long-term debt | 4,286 | 4,283 | 4,367 | 5,464 | 5,642 | 5,406 | |||
| Deferred tax liabilities, net | 4,286 | 4,283 | 4,367 | 5,464 | 5,642 | 5,406 | |||
| Other undisclosed noncurrent liabilities | 77,907 | 76,001 | 75,488 | ||||||
| Total noncurrent liabilities: | 4,286 | 4,283 | 4,367 | 197,509 | 198,708 | 208,551 | |||
| Total liabilities: | 260,389 | 259,147 | 229,340 | 216,545 | 220,450 | 232,864 | |||
| Equity | |||||||||
| Equity, attributable to parent | 15,329 | 13,674 | 19,260 | 37,973 | 39,442 | 36,947 | |||
| Preferred stock | 14,674 | 14,674 | 14,674 | 14,674 | 14,674 | 14,674 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 91,365 | 91,357 | 91,348 | 91,321 | 91,233 | 91,164 | |||
| Accumulated other comprehensive loss | (10,022) | (10,367) | (10,355) | (10,504) | (9,562) | (9,387) | |||
| Accumulated deficit | (80,689) | (81,991) | (76,408) | (57,519) | (56,904) | (59,505) | |||
| Total equity: | 15,329 | 13,674 | 19,260 | 37,973 | 39,442 | 36,947 | |||
| TOTAL LIABILITIES AND EQUITY: | 275,718 | 272,821 | 248,600 | 254,518 | 259,892 | 269,811 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2017 Q3 | 9/30/2017 Q2 | 6/30/2017 Q1 | 3/31/2017 Q4 | 12/31/2016 Q3 | 9/30/2016 Q2 | 6/30/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 39,467 | 32,342 | 4,598 | 37,796 | 39,240 | 33,817 | ||
| Gross profit: | 39,467 | 32,342 | 4,598 | 37,796 | 39,240 | 33,817 | ||
| Operating expenses | (32,003) | (29,657) | (18,264) | (32,584) | (31,652) | (33,230) | ||
| Operating income (loss): | 7,464 | 2,685 | (13,666) | 5,212 | 7,588 | 587 | ||
| Nonoperating expense | (5,710) | (8,007) | (6,118) | (5,434) | (4,274) | (3,618) | ||
| Gain (loss), foreign currency transaction, before tax | 1,596 | 1,081 | 828 | (357) | 540 | 1,123 | ||
| Interest and debt expense | (5,721) | (8,007) | (6,118) | (5,449) | (4,276) | (3,620) | ||
| Loss from continuing operations before equity method investments, income taxes: | (3,967) | (13,329) | (25,902) | (5,671) | (962) | (6,651) | ||
| Other undisclosed income from continuing operations before income taxes | 5,721 | 8,007 | 6,118 | 5,449 | 4,276 | 3,620 | ||
| Income (loss) from continuing operations before income taxes: | 1,754 | (5,322) | (19,784) | (222) | 3,314 | (3,031) | ||
| Income tax expense (benefit) | 30 | 209 | 1,331 | 33 | (318) | 449 | ||
| Income (loss) from continuing operations: | 1,784 | (5,113) | (18,453) | (189) | 2,996 | (2,582) | ||
| Income (loss) before gain (loss) on sale of properties: | 1,784 | (5,113) | (18,453) | (189) | 2,996 | (2,582) | ||
| Net income (loss) attributable to parent: | 1,784 | (5,113) | (18,453) | (189) | 2,996 | (2,582) | ||
| Preferred stock dividends and other adjustments | (482) | (470) | (436) | (426) | (395) | (386) | ||
| Net income (loss) available to common stockholders, diluted: | 1,302 | (5,583) | (18,889) | (615) | 2,601 | (2,968) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2017 Q3 | 9/30/2017 Q2 | 6/30/2017 Q1 | 3/31/2017 Q4 | 12/31/2016 Q3 | 9/30/2016 Q2 | 6/30/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,784 | (5,113) | (18,453) | (189) | 2,996 | (2,582) | ||
| Other undisclosed comprehensive income (loss) | 345 | (12) | 149 | (942) | (175) | 148 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 2,129 | (5,125) | (18,304) | (1,131) | 2,821 | (2,434) | ||
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.