Star Group L.P. (SGU) Financial Statements (2024 and earlier)

Company Profile

Business Address 9 WEST BROAD STREET
STAMFORD, CT 06902
State of Incorp. DE
Fiscal Year End September 30
Industry (SIC) 599 - Retail Stores, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments45,19157,14622,08522,59114,6208,964
Cash and cash equivalents45,19157,14622,08522,59114,6208,964
Receivables114,079139,301259,099253,004138,252187,355
Inventory, net of allowances, customer advances and progress billings56,46353,59071,732112,05883,55782,424
Inventory56,46353,59071,732112,05883,55782,424
Derivative instruments and hedges, assets 23,16012,50012,5002,90416,82345,868
Asset, held-for-sale, not part of disposal group     2,995 
Other undisclosed current assets15,80816,18030,02535,11132,01634,358
Total current assets:254,701278,717395,441425,668288,263358,969
Noncurrent Assets
Operating lease, right-of-use asset90,64389,84090,32593,69693,43589,279
Property, plant and equipment105,404103,498105,559106,672107,744104,563
Intangible assets, net (including goodwill)338,409327,626331,892336,126338,620345,395
Goodwill262,103254,354254,354254,354254,110256,471
Intangible assets, net (excluding goodwill)76,30673,27277,53881,77284,51088,924
Restricted cash and investments250250250250250250
Other noncurrent assets15,35416,06815,50817,01017,50118,092
Other undisclosed noncurrent assets70,71768,35168,17567,22266,66266,893
Total noncurrent assets:620,777605,633611,709620,976624,212624,472
TOTAL ASSETS:875,478884,3501,007,1501,046,644912,475983,441
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities151,215164,277204,025191,079174,622183,562
Accounts payable35,60929,01041,02670,92749,06143,401
Accrued liabilities115,606135,267162,999120,152125,561140,161
Deferred revenue63,21563,44671,36374,70562,85860,175
Debt20,50016,50016,50016,50012,37511,500
Derivative instruments and hedges, liabilities11810,39811,5164,720183 
Other undisclosed current liabilities129,83396,130139,216233,113131,042125,813
Total current liabilities:364,881350,751442,620520,117381,080381,050
Noncurrent Liabilities
Long-term debt and lease obligation127,327135,394139,459143,522233,094231,090
Long-term debt, excluding current maturities127,327135,394139,459143,522151,709153,129
Liabilities, other than long-term debt119,546109,396106,896120,63240,38652,599
Deferred income tax liabilities25,77115,73113,39224,46525,62037,050
Other liabilities16,17516,34215,39514,78014,76615,549
Operating lease, liability77,60077,32378,10981,38781,38577,961
Total noncurrent liabilities:246,873244,790246,355264,154273,480283,689
Total liabilities:611,754595,541688,975784,271654,560664,739
Equity
Equity, attributable to parent(13,523)(14,287)(14,946)(15,317)(15,606)(14,162)
Accumulated other comprehensive loss(13,523)(14,287)(14,946)(15,317)(15,606)(14,162)
Total equity:(13,523)(14,287)(14,946)(15,317)(15,606)(14,162)
Other undisclosed liabilities and equity277,247303,096333,121277,690273,521332,864
TOTAL LIABILITIES AND EQUITY:875,478884,3501,007,1501,046,644912,475983,441

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

12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
Revenues266,937300,121737,617648,187296,644439,101
Cost of revenue8,510  (1,046)5,264 
Provision for loan, lease, and other losses   (1,046)  
Other undisclosed gross profit (1,482,111)   (1,522,328) 
Gross profit:(1,206,664)300,121737,617647,141(1,220,420)439,101
Operating expenses(82,822)(89,140)(102,640)(104,792)(79,181)(90,165)
Other undisclosed operating income (loss)1,266,497(240,567)(543,462)(518,744)1,231,681(360,432)
Operating income (loss):(22,989)(29,586)91,51523,605(67,920)(11,496)
Other undisclosed loss from continuing operations before equity method investments, income taxes (16,616)   (11,427) 
Income (loss) from continuing operations before equity method investments, income taxes:(39,605)(29,586)91,51523,605(79,347)(11,496)
Other undisclosed income (loss) from continuing operations before income taxes13,434(3,610)(5,221)(4,603)8,120(2,857)
Income (loss) from continuing operations before income taxes:(26,171)(33,196)86,29419,002(71,227)(14,353)
Income tax expense (benefit)6,4429,290(24,253)(5,463)21,2343,766
Income (loss) from continuing operations:(19,729)(23,906)62,04113,539(49,993)(10,587)
Loss before gain (loss) on sale of properties:(49,993)(10,587)
Net income (loss) available to common stockholders, diluted:(19,729)(23,906)62,04113,539(49,993)(10,587)

Comprehensive Income ($ in thousands)

12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
Net income (loss):(19,729)(23,906)62,04113,539(49,993)(10,587)
Other comprehensive income (loss)764659371289(1,444)(20)
Comprehensive income (loss), net of tax, attributable to parent:(18,965)(23,247)62,41213,828(51,437)(10,607)

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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