Advanced Emissions Solutions, Inc. (ADES) financial statements (2020 and earlier)

Company profile

Business Address 640 PLAZA DRIVE, SUITE 270
HIGHLANDS RANCH, CO 80129
State of Incorp.
Fiscal Year End December 31
SIC 289 - Miscellaneous Chemical Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments15 3113925
Cash and cash equivalents15 3113925
Restricted cash and investments   1413
Receivables11101111018
Inventory, net of allowances, customer advances and progress billings17220001
Inventory17220001
Deferred costs   026
Other current assets662   
Other undisclosed current assets 233122
Total current assets:496037392554
Noncurrent Assets
Property, plant and equipment44430125
Long-term investments and receivables447452023
Long-term investments447452022
Accounts and financing receivable, after allowance for credit loss     1
Intangible assets, net (including goodwill)45   2
Intangible assets, net (excluding goodwill)45   2
Restricted cash and investments55  119
Deferred costs    (10)(23)
Deferred income tax assets13
Other noncurrent assets1882 33
Deferred tax assets, net  61  
Other undisclosed noncurrent assets 333911020
Total noncurrent assets:12910046683639
TOTAL ASSETS:179160831076194
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1115241213
Accounts payable761268
Employee-related liabilities481265
Debt2424  151
Provision for loss on contracts   01 
Due to related parties    21
Deferred revenue and credits   23
Billings in excess of cost2510 
Other liabilities423467
Other undisclosed current liabilities   1142
Total current liabilities:39417244947
Noncurrent Liabilities
Long-term debt and lease obligation2650  1414
Long-term debt, excluding current maturities2650  1414
Liabilities, other than long-term debt612276
Other liabilities612276
Other undisclosed noncurrent liabilities   51727
Total noncurrent liabilities:3251273747
Total liabilities:71929318694
Stockholders' equity
Stockholders' equity attributable to parent107687376(25)(1)
Common stock000000
Treasury stock, value(45)(42)(16)   
Additional paid in capital9897105119116110
Retained earnings (accumulated deficit)5413(15)(43)(141)(111)
Total stockholders' equity:107687376(25)(1)
TOTAL LIABILITIES AND EQUITY:179160831076194

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues652436516317
Revenue, net36516317
Cost of revenue
(Cost of Goods and Services Sold)
  (0)(2)(45)(3)
Gross profit:652436491714
Operating expenses(78)(30)(50)(67)(105)(59)
Other undisclosed operating income  02453
Operating loss:(13)(6)(14)(16)(42)(42)
Nonoperating income67521291243
Investment income, nonoperating00106116
Other nonoperating income (expense)0(0)2200
Interest and debt expense(7)(2)(3)1(8)(6)
Other undisclosed income from continuing operations before equity method investments, income taxes72574386
Income (loss) from continuing operations before income taxes:54465237(30)2
Income tax expense (benefit)(20)(10)(24)61(0)(0)
Net income (loss) attributable to parent:33352898(30)1
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(0)
Other undisclosed net income (loss) available to common stockholders, basic   (1)0(0)
Net income (loss) available to common stockholders, diluted:33352897(30)1

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):33352898(30)1
Comprehensive income (loss), net of tax, attributable to parent:33352898(30)1

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: