Alaska Communications Systems Group, Inc. (ALSK) financial statements (2021 and earlier)

Company profile

Business Address 600 TELEPHONE AVENUE
ANCHORAGE, AK 99503
State of Incorp. DE
Fiscal Year End December 31
SIC 4813 - Telephone Communications, Except Radiotelephone (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
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2027134213632
Cash and cash equivalents2027134213632
Short-term investments000    
Restricted cash and investments12212220
Receivables42373733252531
Inventory, net of allowances, customer advances and progress billings8977554
Inventory8977554
Prepaid expense344    
Disposal group, including discontinued operation      10
Other current assets343    
Other undisclosed current assets   668111
Total current assets:778165625976188
Noncurrent Assets
Operating lease, right-of-use asset9081
Property, plant and equipment391382373366367369357
Long-term investments and receivables      252
Long-term investments      252
Intangible assets, net (including goodwill)      9
Goodwill      9
Disposal group, including discontinued operation, noncurrent assets      15
Deferred costs      4
Other noncurrent assets11131611220
Other undisclosed noncurrent assets  031517(9)
Total noncurrent assets:492476390381383388628
TOTAL ASSETS:569557455443442464816
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities33272827283344
Accounts payable18151518141626
Employee-related liabilities1512139141718
Deferred revenue97
Debt992172416
Due to related parties      5
Disposal group, including discontinued operation      19
Deferred revenue and credits55  
Customer advances and deposits0000
Other liabilities557461211
Other undisclosed current liabilities771044104
Total current liabilities:62554757445998
Noncurrent Liabilities
Long-term debt and lease obligation, including:160167168169178185418
Finance lease, liability33
Other undisclosed long-term debt and lease obligation157165168169178185418
Liabilities, other than long-term debt1018370626265164
Deferred revenue and credits   57
Deferred tax liabilities, net21  81
Deferred income tax liabilities64
Disposal group, including discontinued operation, liabilities      2
Other liabilities95796861626524
Other undisclosed noncurrent liabilities8179     
Total noncurrent liabilities:341329238231239250583
Total liabilities:404384285288283310681
Stockholders' equity
Stockholders' equity attributable to parent165173169154158153135
Common stock1111110
Treasury stock, value(2)(2)     
Additional paid in capital163162161159159157154
Accumulated other comprehensive loss(6)(3)(3)(2)(3)(3)(5)
Retained earnings (accumulated deficit)91510(4)1(2)(15)
Stockholders' equity attributable to noncontrolling interest111111 
Total stockholders' equity:166174170155159154135
TOTAL LIABILITIES AND EQUITY:569557455443442464816

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues241232232227227281526
Revenue, net227227233315
Financial services revenue  48211
Cost of revenue(113)(106)(108)(105)(102)(109)(138)
Cost of goods and services sold(112)(106)(108)(105)(102)(107)(124)
Other undisclosed gross profit  00 (51)(254)
Gross profit:128126125122125121134
Operating expenses(116)(104)(101)(104)(105)(76)(148)
Other undisclosed operating income (loss)  (0)(0) 343
Operating income:12222419204830
Nonoperating expense(10)(14)(13)(22)(16)(25)(34)
Interest and debt expense(11)(3)(13)(8)(0)(5)(34)
Other undisclosed income from continuing operations before equity method investments, income taxes      34
Income (loss) from continuing operations before equity method investments, income taxes:(9)5(2)(11)318(5)
Income from equity method investments      36
Other undisclosed income from continuing operations before income taxes11313805 
Income (loss) from continuing operations before income taxes:2811(4)42331
Income tax expense (benefit)(3)(3)(2)(3)(1)(10)2
Income (loss) from continuing operations:(1)59(6)21333
Loss from discontinued operations      (4)
Net income (loss):(1)59(6)21330
Net income attributable to noncontrolling interest000000 
Other undisclosed net loss attributable to parent      (32)
Net income (loss) available to common stockholders, diluted:(1)59(6)213(3)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(1)59(6)21330
Other comprehensive income (loss)(1)0(0)0020
Other undisclosed comprehensive income (loss)(2)(1)(0)1   
Comprehensive income (loss):(4)49(5)21530
Comprehensive income, net of tax, attributable to noncontrolling interest000000 
Other undisclosed comprehensive loss, net of tax, attributable to parent      (32)
Comprehensive income (loss), net of tax, attributable to parent:(4)49(5)315(2)

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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