TravelCenters of America LLC (TA) financial statements (2020 and earlier)

Company profile

Business Address 24601 CENTER RIDGE ROAD
WESTLAKE, OH 44145
State of Incorp. MD
Fiscal Year End December 31
SIC 55 - Automotive Dealers And Gasoline Service Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments17314366117222486
Cash and cash equivalents17314366117222486
Receivables173971261079296106
Inventory, net of allowances, customer advances and progress billings197197210208183173199
Inventory197197210208183173199
Deferred tax assets    2231
Other current assets32352726486980
Other undisclosed current assets     (22)(31)
Total current assets:420644399402495563470
Noncurrent Assets
Operating lease, right-of-use asset1,818
Property, plant and equipment8696291,0011,082990766705
Intangible assets, net (including goodwill)46481281261065549
Goodwill25259489803225
Intangible assets, net (excluding goodwill)21233438262224
Other noncurrent assets791229049444233
Total noncurrent assets:2,8117981,2191,2581,140863787
TOTAL ASSETS:3,2311,4421,6181,6601,6351,4251,257
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities147121156158125175198
Accounts payable147121156158125123150
Employee-related liabilities     1315
Taxes payable     3934
Debt104      
Estimated litigation liability      11
Accrued environmental loss contingencies      6
Self insurance reserve     1716
Deferred revenue and credits   1517
Other liabilities138126130133134112124
Other undisclosed current liabilities 42414037(52)(68)
Total current liabilities:390289327330296267304
Noncurrent Liabilities
Long-term debt and lease obligation2,210321320319330  
Long-term debt, excluding current maturities329321320319330  
Operating lease, liability1,880
Liabilities, other than long-term debt5929358983187176
Asset retirement obligations      2
Deferred tax liabilities, net  139111108
Accrued environmental loss contingencies      2
Other liabilities59293576757646
Self insurance reserve      18
Other undisclosed noncurrent liabilities 354369369377452324
Total noncurrent liabilities:2,268703723776790639500
Total liabilities:2,6589921,0511,1071,086907803
Stockholders' equity
Stockholders' equity attributable to parent571449566552549519454
Common stock0695691686682679674
Treasury stock, value     (1) 
Additional paid in capital698      
Accumulated other comprehensive income (loss)(0)010(0)01
Accumulated deficit(127)(247)(125)(135)(133)(160)(221)
Stockholders' equity attributable to noncontrolling interest1111   
Total stockholders' equity:573450567553549519454
TOTAL LIABILITIES AND EQUITY:3,2311,4421,6181,6601,6351,4251,257

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues6,1176,2316,0525,5115,8517,7797,945
Revenue, net4,1073,5484,0686,1626,494
Cost of revenue
(Cost of Goods and Services Sold)
(4,595)(4,787)(4,557)(4,036)(4,461)(5,721)(6,180)
Gross profit:1,5231,4441,4951,4751,3902,0581,765
Operating expenses(256)(1,418)(1,541)(1,453)(1,311)(1,205)(1,132)
Other undisclosed operating loss(1,202)    (739)(612)
Operating income (loss):6527(46)227811421
Nonoperating income (expense)1(2)    1
Investment income, nonoperating      1
Other nonoperating income (expense)1(2)     
Interest and debt expense(0)(1)(1)(1)(11)(17)(18)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (1)(3)
Income (loss) from continuing operations before equity method investments, income taxes:6623(47)2168962
Income from equity method investments  15433
Other undisclosed loss from continuing operations before income taxes(28)(28)(29)(29)(28)  
Income (loss) from continuing operations before income taxes:38(4)(75)(4)44995
Income tax expense (benefit)(4)2842(17)(38)27
Income (loss) from continuing operations:33(3)9(2)286132
Loss from discontinued operations (118)     
Net income (loss):33(120)9(2)286132
Net loss attributable to noncontrolling interest(0)(0)(0)(0)   
Net income (loss) attributable to parent:33(121)9(2)286132
Undistributed earnings (loss) allocated to participating securities, basic(1)0(0)
Other undisclosed net income (loss) available to common stockholders, basic   0(1)(3)(2)
Net income (loss) available to common stockholders, diluted:32(120)9(2)265830

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):33(120)9(2)286132
Other comprehensive income (loss)(1)(0)  0  
Comprehensive income (loss):33(121)9(2)286132
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)(0)(0)   
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  10(1)(0)(0)
Comprehensive income (loss), net of tax, attributable to parent:33(121)10(2)276131

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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