Sprague Resources LP (SRLP) financial statements (2021 and earlier)

Company profile

Business Address 185 INTERNATIONAL DRIVE
PORTSMOUTH, NH 03801
State of Incorp. DE
Fiscal Year End December 31
SIC 5171 - Petroleum Bulk stations and Terminals (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments411410576
Cash and cash equivalents411410576
Receivables193113107181282159161
Inventory, net of allowances, customer advances and progress billings256225196110293156127
Inventory256225196110293156127
Derivative instruments and hedges, assets146160191335786366
Other current assets67155932642925
Total current assets:666524557667722414385
Noncurrent Assets
Property, plant and equipment335338341345348345345
Intangible assets, net (including goodwill)156158160163165167170
Goodwill115115115115115115115
Intangible assets, net (excluding goodwill)41434547505255
Derivative instruments and hedges20233044171821
Other noncurrent assets22232421242625
Total noncurrent assets:534542556573554556561
TOTAL ASSETS:1,1991,0661,1131,2401,276970946
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities14410779138191126110
Accounts payable976139771488164
Accrued liabilities47464061434546
Deferred revenue 886   
Debt3622762882834407021
Derivative instruments and hedges, liabilities154120172243744845
Asset retirement obligation1   1  
Due to related parties11545655
Business combination, contingent consideration, liability    8  
Other undisclosed current liabilities3778377
Total current liabilities:675523558683722257189
Noncurrent Liabilities
Long-term debt and lease obligation388393401362386544561
Long-term debt, excluding current maturities382385392352375525543
Finance lease, liability     55
Operating lease, liability68910121413
Liabilities, other than long-term debt78413936733532
Deferred income tax liabilities16151616161718
Due to related parties3333222
Other liabilities39   41  
Derivative instruments and hedges, liabilities20232018131611
Other undisclosed noncurrent liabilities 393940 3940
Total noncurrent liabilities:466473479438460619633
Total liabilities:1,1419961,0371,1211,182875822
Stockholders' equity
Stockholders' equity attributable to parent(26)(27)(28)(28)(20)(22)(20)
Accumulated other comprehensive loss(26)(27)(28)(28)(20)(22)(20)
Other undisclosed stockholders' equity8597104146113116143
Total stockholders' equity:5970771189495123
TOTAL LIABILITIES AND EQUITY:1,1991,0661,1131,2401,276970946

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues627390358960999583662
Cost of revenue1,523(333)(334)(859)(956)(560)(635)
Cost of goods and services sold (325)(325)(850)(926)(534)(609)
Gross profit:2,1515724101432227
Operating expenses(2,149)(37)(37)(41)(20)(20)(21)
Other undisclosed operating income10      
Operating income (loss):1121(13)602426
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
2 0 (1) 0
Interest and debt expense(9)(10)(11)(11)(11)(10)(10)
Other undisclosed income from continuing operations before equity method investments, income taxes0   1  
Income (loss) from continuing operations before equity method investments, income taxes:511(24)4913(8)(4)
Other undisclosed income (loss) from continuing operations before income taxes(0)000(0)00
Income (loss) from continuing operations before income taxes:411(24)4912(8)(4)
Income tax expense(2)(2)(2)(3)(0)(2)(1)
Net income (loss) available to common stockholders, diluted:310(25)4712(10)(5)

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):310(25)4712(10)(5)
Comprehensive income (loss):310(25)4712(10)(5)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent100(8)2(2)(5)
Comprehensive income (loss), net of tax, attributable to parent:410(25)3914(12)(10)

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.

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: