Solarcity Corp (SCTY) financial statements (2021 and earlier)

Company profile

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

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

12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments291259146362394418489
Cash and cash equivalents291259146362383373421
Short-term investments    114668
Restricted cash and investments7561995240209
Receivables67656441343934
Inventory, net of allowances, customer advances and progress billings173206230307343309280
Inventory173206230307343309280
Costs in excess of billings1      
Other undisclosed current assets8785737691149112
Total current assets:693677611836902936923
Noncurrent Assets
Property, plant and equipment245251254270262244354
Long-term investments and receivables517527530539488363237
Accounts and financing receivable, after allowance for credit loss517527530539488363237
Intangible assets, net (including goodwill), including:462473485509517527523
Goodwill322322322322322322316
Intangible assets, net (excluding goodwill)140151163187195206207
Other undisclosed intangible assets, net (including goodwill) (0)(0)(0) (0)0
Deferred costs232237237238216163107
Other noncurrent assets345272277257241172 
Deferred tax assets, net    (1)  
Other undisclosed noncurrent assets6,6366,2455,8295,3094,6614,1083,561
Total noncurrent assets:8,4388,0047,6137,1236,3855,5774,781
TOTAL ASSETS:9,1318,6818,2247,9597,2876,5125,705
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities382420383459548460419
Accounts payable208253214294365296279
Accrued liabilities968372861107962
Employee-related liabilities78847378657672
Taxes payable  24 886
Debt819488467453372235221
Restructuring reserve13     
Due to related parties5323530
Business combination, contingent consideration, liability   48434343
Deferred revenue and credits671141211175210097
Customer advances and deposits    655
Other liabilities25161518   
Other undisclosed current liabilities2211331131141679393
Total current liabilities:1,5191,1761,1011,2111,193938877
Noncurrent Liabilities
Long-term debt and lease obligation1,0921,2841,1731,1021,007871620
Long-term debt, excluding current maturities1,0921,2841,1731,1021,007833588
Capital lease obligations     3831
Liabilities, other than long-term debt831511501,2622701,084908
Deferred revenue and credits1920191,078131886774
Deferred tax liabilities, net000113215
Other liabilities634648102588741
Business combination, contingent consideration, liability 848381807978
Other undisclosed noncurrent liabilities4,1614,0723,9282,6623,0831,9981,817
Total noncurrent liabilities:5,3365,5065,2525,0264,3593,9523,344
Total liabilities:6,8566,6826,3536,2375,5534,8914,221
Temporary equity, carrying amount344284345304321313285
Stockholders' equity
Stockholders' equity attributable to parent1,223972891886879815759
Common stock 000000
Additional paid in capital1,3011,3161,2881,2281,1951,1361,061
Accumulated deficit(78)(344)(397)(342)(317)(321)(302)
Stockholders' equity attributable to noncontrolling interest708743636532535493440
Total stockholders' equity:1,9311,7151,5261,4181,4141,3081,199
TOTAL LIABILITIES AND EQUITY:9,1318,6818,2247,9597,2876,5125,705

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

12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
Revenues221201186123115114103
Revenue, net193 0 402925
Cost of revenue(143)(129)(115)(109)(87)(89)(59)
Cost of goods and services sold    (37)(43)(22)
Gross profit:79727113282543
Operating expenses(135)(258)(265)(227)(227)(216)(176)
Operating loss:(57)(186)(194)(214)(199)(191)(132)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
402(19)(37)(4)(17)(3)
Interest and debt expense(0)(2)(1)(0)1(1)(0)
Loss from continuing operations before equity method investments, income taxes:(16)(187)(215)(251)(201)(209)(136)
Other undisclosed loss from continuing operations before income taxes(45)(40)(36)(32)(28)(25)(20)
Loss from continuing operations before income taxes:(61)(226)(250)(283)(230)(234)(156)
Income tax expense (benefit)(1)1(0)0(2)(0)(0)
Net loss:(62)(225)(250)(283)(232)(234)(156)
Net income attributable to noncontrolling interest328279195258237215133
Net income (loss) available to common stockholders, basic:26653(55)(25)5(19)(22)
Other undisclosed net income available to common stockholders, diluted 3     
Net income (loss) available to common stockholders, diluted:26656(55)(25)5(19)(22)

Comprehensive Income ($ in millions)

12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
Net loss:(62)(225)(250)(283)(232)(234)(156)
Other undisclosed comprehensive income (loss)(305)  135(172)  
Comprehensive loss:(366)(225)(250)(148)(404)(234)(156)
Comprehensive income, net of tax, attributable to noncontrolling interest328279195258237215133
Comprehensive income (loss), net of tax, attributable to parent:(39)53(55)110(168)(19)(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.

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