ABCO Energy, Inc. (ABCE) financial statements (2022 and earlier)

Company profile

Business Address 2505 N. ALVERNON WAY
TUCSON, AZ 85712
State of Incorp. NV
Fiscal Year End December 31
SIC 17 - Construction Special Trade Contractors (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 54136851340
Cash and cash equivalents 54136851340
Receivables 4330105474339
Inventory, net of allowances, customer advances and progress billings   54384751
Inventory   54384751
Costs in excess of billings 60252
Other current assets  90    
Other undisclosed current assets 319244184 152 
Total current assets: 41637641190315383
Noncurrent Assets
Property, plant and equipment 39435537223043
Other noncurrent assets 49    
Other undisclosed noncurrent assets   (23)(8)(16)(25)
Total noncurrent assets: 39836413141418
Other undisclosed assets   37223043
TOTAL ASSETS: 814741461126358443
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 527584550  411
Other undisclosed accounts payable and accrued liabilities 527584550  411
Debt 3754558961554
Derivative instruments and hedges, liabilities   75   
Due to related parties 408341170  70
Other liabilities 154473190   
Other undisclosed current liabilities      112
Total current liabilities: 1,4641,85299196155596
Noncurrent Liabilities
Long-term debt and lease obligation 472300191,2301,248 
Long-term debt, excluding current maturities 472300191,2301,248 
Other undisclosed noncurrent liabilities      5
Total noncurrent liabilities: 472300191,2301,2485
Other undisclosed liabilities 46382189(96)(155) 
Total liabilities: 2,3982,2341,1991,2301,248602
Stockholders' equity
Stockholders' equity attributable to parent, including: (1,584)(1,494)(738)(1,104)(889)(159)
Preferred stock 3030 15  
Common stock 16151321252731
Additional paid in capital 5,4564,8874,3803,0403,0241,827
Accumulated deficit (7,086)(6,562)(5,180)(4,540)(3,940)(2,017)
Other undisclosed stockholders' equity attributable to parent   31256  
Total stockholders' equity: (1,584)(1,494)(738)(1,104)(889)(159)
TOTAL LIABILITIES AND EQUITY: 814741461126358443

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 1,1612,3522,8671,4478071,889
Cost of revenue (785)(1,701)(2,040)(1,152)(865)(1,311)
Gross profit: 376651827295(58)578
Operating expenses (847)(1,113)(1,017)(834)(746)(733)
Operating loss: (470)(463)(190)(539)(804)(155)
Nonoperating expense (54)(918)(451)(61)(1,119) 
Investment income, nonoperating (14)(48)    
Interest and debt expense (38)(245)(371)(110)(425)(60)
Other undisclosed income from continuing operations before equity method investments, income taxes 38245371110425 
Net loss available to common stockholders, diluted: (525)(1,381)(640)(600)(1,923)(215)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss: (525)(1,381)(640)(600)(1,923)(215)
Comprehensive loss, net of tax, attributable to parent: (525)(1,381)(640)(600)(1,923)(215)

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: