Appliance Recycling Centers of America, Inc. (ARCI) financial statements (2020 and earlier)

Company profile

Business Address 325 E. WARM SPRINGS ROAD
LAS VEGAS, NV 89119
State of Incorp. NV
Fiscal Year End December 31
SIC 57 - Home Furniture, Furnishings, And Equipment Stores (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 investments 13124
Cash and cash equivalents 13124
Receivables 610111312
Inventory, net of allowances, customer advances and progress billings 11161716
Inventory 11161716
Prepaid expense 01111
Deferred tax assets 1   
Other undisclosed current assets 05 22
Total current assets: 921293434
Noncurrent Assets
Property, plant and equipment 11101112
Intangible assets, net (including goodwill) 2125  0
Goodwill     0
Intangible assets, net (excluding goodwill) 2125  0
Deposits noncurrent assets     0
Deferred costs     0
Other noncurrent assets 11111
Deferred tax assets, net (6)   
Other undisclosed noncurrent assets 4631(1)
Total noncurrent assets: 2626131212
TOTAL ASSETS: 3547424747
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 91011615
Accounts payable 33676
Accrued liabilities 17997
Employee-related liabilities     1
Taxes payable 50   
Other undisclosed accounts payable and accrued liabilities   (14)  
Debt 06211
Deferred revenue and credits 0 0
Other undisclosed current liabilities   25138
Total current liabilities: 916273024
Noncurrent Liabilities
Long-term debt and lease obligation, including:   355
Capital lease obligations  001
Other undisclosed long-term debt and lease obligation   344
Liabilities, other than long-term debt 45001
Deferred tax liabilities, net45  1
Other liabilities 00000
Total noncurrent liabilities: 45357
Total liabilities: 1321313531
Stockholders' equity
Stockholders' equity attributable to parent 2226111114
Common stock 00222121
Additional paid in capital 3938   
Accumulated other comprehensive loss (1)(0)(1)(1)(1)
Accumulated deficit (17)(11)(11)(10)(6)
Stockholders' equity attributable to noncontrolling interest   012
Total stockholders' equity: 2226111216
TOTAL LIABILITIES AND EQUITY: 3547424747

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
Revenues 3742104112131
Revenue, net 104112131
Cost of revenue
(Cost of Goods and Services Sold)
 (26)(28)(75)(86)(98)
Gross profit: 1113292533
Operating expenses (17)(13)(29)(30)(30)
Other undisclosed operating income     0
Operating income (loss): (6)(0)(1)(4)3
Nonoperating income (expense) 000(0)0
Investment income, nonoperating  0  0
Foreign currency transaction gain, before tax   00 
Other nonoperating income (expense) 0(0)0(0)(0)
Interest and debt expense (1)(1)(1)(1)(1)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  5(0)(0)(0)
Income (loss) from continuing operations before income taxes: (6)4(2)(6)2
Income tax expense (benefit) 1102(1)
Net income (loss): (6)5(2)(4)1
Net income (loss) attributable to noncontrolling interest  001(0)
Other undisclosed net loss attributable to parent  (6)   
Net income (loss) attributable to parent: (6)(0)(1)(3)1
Other undisclosed net income available to common stockholders, basic  0   
Net income (loss) available to common stockholders, diluted: (6)0(1)(3)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): (6)5(2)(4)1
Other comprehensive income (loss) (0)0(0)0(0)
Other undisclosed comprehensive loss  (6)   
Comprehensive income (loss): (6)(0)(2)(4)1
Comprehensive income (loss), net of tax, attributable to noncontrolling interest  001(0)
Comprehensive income (loss), net of tax, attributable to parent: (6)0(1)(3)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.

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