Westwood Holdings Group Inc (WHG) financial statements (2020 and earlier)

Company profile

Business Address 200 CRESCENT COURT
DALLAS, TX 75201
State of Incorp. DE
Fiscal Year End December 31
SIC 6282 - Investment Advice (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 investments10011810690959875
Cash and cash equivalents50525434231811
Short-term investments50665156728065
Receivables13182223201514
Prepaid expense104    
Deferred tax assets    44
Other current assets3372323
Total current assets:11714013811611811996
Noncurrent Assets
Operating lease, right-of-use asset8
Property, plant and equipment4444233
Long-term investments and receivables85     
Long-term investments85     
Intangible assets, net (including goodwill)35364749501515
Goodwill20202727271111
Intangible assets, net (excluding goodwill)151620212334
Other noncurrent assets0      
Deferred tax assets, net53111142
Other undisclosed noncurrent assets6      
Total noncurrent assets:62515564642120
TOTAL ASSETS:179190193180181140116
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2343422
Employee-related liabilities10151917201918
Taxes payable0023611
Interest and dividends payable787765 
Other undisclosed accounts payable and accrued liabilities(15)(21)(25)(24)(29)(23)(17)
Debt2      
Deferred compensation liability      0
Business combination, contingent consideration, liability    9 
Deferred tax liabilities    2 
Other undisclosed current liabilities18232827322322
Total current liabilities:21263230452725
Noncurrent Liabilities
Long-term debt and lease obligation8      
Operating lease, liability8
Liabilities, other than long-term debt 232221
Deferred revenue and credits22111
Accounts payable and accrued liabilities  1    
Deferred rent credit 2
Deferred tax liabilities, net   11 
Other undisclosed noncurrent liabilities1222001
Total noncurrent liabilities:9454333
Total liabilities:30293634473027
Stockholders' equity
Stockholders' equity attributable to parent14816115614613411089
Common stock0000000
Treasury stock, value(63)(59)(50)(44)(35)(29)(23)
Additional paid in capital203194179163144120101
Accumulated other comprehensive loss(3)(5)(2)(4)(5)(1)(0)
Retained earnings11312932302011
Total stockholders' equity:14816115614613411089
TOTAL LIABILITIES AND EQUITY:179190193180181140116

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
Revenues8412213412313111392
Financial services revenue13212213111391
Cost of revenue  (100)(89)(89)  
Gross profit:8412234344211392
Operating expenses(79)(86)   (71)(64)
Operating income:5363434424228
Nonoperating income
(Investment Income, Nonoperating)
 1   01
Other undisclosed loss from continuing operations before equity method investments, income taxes      (1)
Income from continuing operations before equity method investments, income taxes:5363434424228
Other undisclosed income (loss) from continuing operations before income taxes5    (0) 
Income from continuing operations before income taxes:9363434424228
Income tax expense(3)(10)(14)(11)(15)(15)(10)
Net income available to common stockholders, diluted:6272023272718

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:6272023272718
Other comprehensive income (loss)2(3)30(3)(1) 
Comprehensive income:8242323242618
Other undisclosed comprehensive loss, net of tax, attributable to parent      (0)
Comprehensive income, net of tax, attributable to parent:8242323242618

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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