Heavy Earth Resources Inc (SWGP) financial statements (2021 and earlier)

Company profile

Business Address 1890 BRYANT ST.
SAN FRANCISCO, CA 94110
State of Incorp. FL
Fiscal Year End December 31
SIC 1381 - Drilling Oil and Gas Wells (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments136187101
Cash and cash equivalents1361871
Short-term investments     100
Receivables7772  
Inventory, net of allowances, customer advances and progress billings   45
Inventory     45
Other undisclosed current assets    21,345
Total current assets:910133891,492
Noncurrent Assets
Property, plant and equipment     267
Other undisclosed noncurrent assets    1,00011,197
Total noncurrent assets:    1,00011,464
TOTAL ASSETS:9101331,08912,956
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,7241,6381,5331,4301,4185,624
Other undisclosed accounts payable and accrued liabilities1,7241,6381,5331,4301,4185,624
Debt     3
Due to related parties374374364379  
Other liabilities     5,754
Other undisclosed current liabilities    373(5,626)
Total current liabilities:2,0982,0121,8981,8091,7915,754
Noncurrent Liabilities
Long-term debt and lease obligation2,5992,5992,5992,5002,5002,500
Long-term debt, excluding current maturities2,5992,5992,5992,5002,5002,500
Total noncurrent liabilities:2,5992,5992,5992,5002,5002,500
Total liabilities:4,6974,6114,4974,3094,2918,254
Stockholders' equity
Stockholders' equity attributable to parent, including:(4,688)(4,601)(4,483)(4,306)(3,202)4,702
Common stock717171717171
Additional paid in capital21,80321,80321,80321,80321,77121,771
Accumulated other comprehensive loss     (1,463)
Retained earnings (accumulated deficit)(26,848)(26,737)(26,596)(26,394)8,45315,678
Other undisclosed stockholders' equity attributable to parent286262238214(33,498)(31,355)
Stockholders' equity attributable to noncontrolling interest    1,000 
Other undisclosed stockholders' equity    (1,000) 
Total stockholders' equity:(4,688)(4,601)(4,483)(4,306)(3,202)4,702
TOTAL LIABILITIES AND EQUITY:9101331,08912,956

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

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
Gross profit:     (29)
Operating expenses(27)(58)(119) 6,970(196)
Other undisclosed operating loss    (14,640)(4)
Operating loss:(27)(58)(119) (7,670)(229)
Nonoperating expense(84)(83)(83) (14,862)(82)
Investment income, nonoperating    (7,420) 
Other nonoperating expense(84)(83)(83) (7,443)(82)
Interest and debt expense(84)(83)(83) (23)23
Other undisclosed income from continuing operations before equity method investments, income taxes848383   
Loss from continuing operations:(111)(141)(202) (22,556)(289)
Loss from discontinued operations    (228)(147)
Net loss available to common stockholders, diluted:(111)(141)(202) (22,783)(436)

Comprehensive Income ($ in thousands)

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
Net loss:(111)(141)(202) (22,783)(436)
Other comprehensive income     491
Comprehensive income (loss), net of tax, attributable to parent:(111)(141)(202) (22,783)55

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: