Ashford Inc. (AINC) financial statements (2021 and earlier)

Company profile

Business Address 14185 DALLAS PARKWAY
DALLAS, TX 75254
State of Incorp. TX
Fiscal Year End December 31
SIC 8742 - Management Consulting Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

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 investments4635523684131
Cash and cash equivalents453552368450
Short-term investments0   081
Restricted cash and investments37188910 
Receivables485500
Inventory, net of allowances, customer advances and progress billings2211  
Inventory2211  
Other undisclosed current assets231511181717
Total current assets:111777770111149
Noncurrent Assets
Finance lease, right-of-use asset46 
Operating lease, right-of-use asset3032
Property, plant and equipment 1164821127
Long-term investments and receivables431113
Long-term investments431113
Intangible assets, net (including goodwill)32855425323  
Goodwill572066013  
Intangible assets, net (excluding goodwill)27134819310  
Other noncurrent assets3011 4
Deferred tax assets, net  64
Other undisclosed noncurrent assets43     
Total noncurrent assets:454705302451918
TOTAL ASSETS:565783379115130167
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:403925201110
Interest and dividends payable165    
Other undisclosed accounts payable and accrued liabilities243425201110
Deferred revenue130
Debt6732  
Deferred compensation liability00000 
Due to related parties112  1
Deferred revenue and credits0  
Contract with customer, liability0
Other liabilities301989106
Other undisclosed current liabilities205 431
Total current liabilities:1117238362418
Noncurrent Liabilities
Long-term debt and lease obligation1271031510  
Long-term debt, excluding current maturities57331510  
Finance lease, liability4341
Operating lease, liability2729
Liabilities, other than long-term debt488855321412
Deferred revenue and credits1351
Accounts payable and accrued liabilities   0  
Deferred revenue913
Contract with customer, liability13
Deferred compensation liability, classified251019911
Deferred tax liabilities, net32   
Deferred income tax liabilities3870
Other liabilities 0  00
Total noncurrent liabilities:17619170421412
Total liabilities:286262109793830
Temporary equity, carrying amount244500
Stockholders' equity
Stockholders' equity attributable to parent(199)4165303732
Common stock000000
Treasury stock, value(0)(0)   (0)
Additional paid in capital294286280250238235
Accumulated other comprehensive loss(1)(0)(0)(0)  
Accumulated deficit(491)(244)(214)(219)(200)(203)
Stockholders' equity attributable to noncontrolling interest(0)10153104
Total stockholders' equity:(200)42663190137
Other undisclosed liabilities and equity477474201 1 
TOTAL LIABILITIES AND EQUITY:565783379115130167

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues297291196826859
Financial services revenue666759
Cost of revenue(142)(244)(150)(8)(54)(42)
Gross profit:1554745741417
Operating expenses(379)(58)(46)(21)(16)(18)
Other operating expense, net
(Other Expenses)
(19)(12)(3)(2)  
Other undisclosed operating income (loss)19123(61)  
Operating loss:(224)(11)(1)(11)(2)(1)
Nonoperating income (expense)(0)0(1)000
Investment income, nonoperating000000
Other nonoperating income (expense)(0)0(1)(0)  
Interest and debt expense(6)(2)(1)(0)  
Other undisclosed loss from continuing operations before equity method investments, income taxes (1)(0)(0)(9)(9)
Loss from continuing operations before equity method investments, income taxes:(230)(14)(3)(10)(12)(10)
Income from equity method investments0     
Other undisclosed loss from continuing operations before income taxes(0)     
Loss from continuing operations before income taxes:(230)(14)(3)(10)(12)(10)
Income tax expense (benefit)14(2)10(10)(1)(2)
Net income (loss):(216)(15)8(20)(12)(12)
Net income attributable to noncontrolling interest1   10
Other undisclosed net income attributable to parent2222911
Net income (loss) attributable to parent:(212)(14)10(18)(2)(1)
Preferred stock dividends and other adjustments (16)(5)   
Undistributed earnings (loss) allocated to participating securities, basic   18
Other undisclosed net loss available to common stockholders, basic(35)     
Net income (loss) available to common stockholders, basic:(247)(30)5 (2)(1)
Dilutive securities, effect on basic earnings per share 610  9
Net income (loss) available to common stockholders, diluted:(247)(24)15 (2)7

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(216)(15)8(20)(12)(12)
Other comprehensive loss  (0)(0)  
Other undisclosed comprehensive income (loss)(1)0    
Comprehensive income (loss):(217)(15)7(20)(12)(12)
Comprehensive income, net of tax, attributable to noncontrolling interest1110  
Other undisclosed comprehensive income, net of tax, attributable to parent21111011
Comprehensive income (loss), net of tax, attributable to parent:(213)(14)10(18)(2)(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: