Solarcity Corp (SCTY) Financial Statements (2024 and earlier)

Company Profile

Business Address 3055 CLEARVIEW WAY
SAN MATEO, CA 94402
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 17 - Construction Special Trade Contractors (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments393,855642,694577,080
Cash and cash equivalents382,544504,383577,080
Short-term investments 11,311138,311 
Restricted cash and investments39,86420,875 
Receivables34,02834,57423,011
Inventory, net of allowances, customer advances and progress billings342,951217,223111,394
Inventory342,951217,223111,394
Costs in excess of billings   
Deferred tax assets   9,845
Other undisclosed current assets91,44087,03366,333
Total current assets:902,1381,002,399787,663
Noncurrent Assets
Property, plant and equipment262,387101,91422,407
Long-term investments and receivables488,461  
Accounts and financing receivable, after allowance for credit loss488,461  
Intangible assets, net (including goodwill)517,109539,557278,169
Goodwill321,865315,920148,879
Intangible assets, net (excluding goodwill)195,244223,637129,290
Deferred costs215,708  
Other noncurrent assets241,262  
Deferred tax assets, net (1,373)(13,194)(9,238)
Other undisclosed noncurrent assets4,661,4262,955,5351,730,533
Total noncurrent assets:6,384,9803,583,8122,021,871
TOTAL ASSETS:7,287,1184,586,2112,809,534
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities547,886326,146173,970
Taxes payable 7,87510,4381,577
Employee-related liabilities64,98850,41421,634
Accounts payable364,973237,809121,556
Accrued liabilities110,05027,48529,203
Debt372,22126,5058,977
Restructuring reserve  
Business combination, contingent consideration, liability 42,91241,978
Deferred revenue and credits51,80086,23859,899
Due to related parties5,2103 
Customer advances and deposits 6,32210,560
Other liabilities   
Other undisclosed current liabilities167,01175,66195,360
Total current liabilities:1,193,362567,091338,206
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,006,595290,414238,612
Long-term debt, excluding current maturities1,006,595290,414230,000
Other undisclosed long-term debt and lease obligation   8,612
Liabilities, other than long-term debt270,079898,706580,545
Deferred revenue and credits130,800773,146552,994
Deferred tax liabilities, net1,37313,1949,238
Due to related parties  530 
Other liabilities57,81036,61718,313
Business combination, contingent consideration, liability 80,09675,219
Other undisclosed noncurrent liabilities3,082,5191,487,628803,047
Total noncurrent liabilities:4,359,1932,676,7481,622,204
Total liabilities:5,552,5553,243,8391,960,410
Temporary equity, carrying amount320,935186,788 
Equity
Equity, attributable to parent878,566745,642617,598
Common stock 101010
Additional paid in capital1,195,2461,003,992819,914
Accumulated deficit(316,690)(258,360)(202,326)
Equity, attributable to noncontrolling interest535,062  
Other undisclosed equity  409,942186,817
Total equity:1,413,6281,155,584804,415
Other undisclosed liabilities and equity   44,709
TOTAL LIABILITIES AND EQUITY:7,287,1184,586,2112,809,534

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues399,619255,031163,837
Revenue, net106,07681,39581,498
Cost of revenue(280,791)(176,432)(91,723)
Cost of goods and services sold(115,245)(83,512)(91,723)
Other undisclosed gross profit   (32,745)
Gross profit:118,82878,59939,369
Operating expenses(766,618)(414,196)(188,747)
Operating loss:(647,790)(335,597)(149,378)
Nonoperating expense
(Other Nonoperating expense)
(25,767)(10,611)(1,441)
Interest and debt expense(1,093)(2,603)(26,044)
Loss from continuing operations before equity method investments, income taxes:(674,650)(348,811)(176,863)
Other undisclosed income (loss) from continuing operations before income taxes(90,846)(53,155)306
Loss from continuing operations before income taxes:(765,496)(401,966)(176,557)
Income tax expense (benefit)(3,326)26,73624,799
Loss from continuing operations:(768,822)(375,230)(151,758)
Loss before gain (loss) on sale of properties:(768,822)(375,230)(151,758)
Net loss:(768,822)(375,230)(151,758)
Net income attributable to noncontrolling interest710,492319,19695,968
Net income (loss) available to common stockholders, diluted:(58,330)(56,034)(55,790)

Comprehensive Income ($ in thousands)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(768,822)(375,230)(151,758)
Comprehensive loss:(768,822)(375,230)(151,758)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest710,492319,196(95,968)
Comprehensive income (loss), net of tax, attributable to parent:(58,330)(56,034)(247,726)

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.

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: