Barnwell Industries, Inc. (BRN) financial statements (2021 and earlier)

Company profile

Business Address 1100 ALAKEA ST.
HONOLULU, HI 96813
State of Incorp. DE
Fiscal Year End September 30
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,334 4,6135,96517,31816,742
Cash and cash equivalents5,334 4,6135,96516,28115,550
Short-term investments    1,0371,192
Restricted cash and investments     381
Receivables2,073 1,7082,4191,099(40)
Assets held-for-sale, not part of disposal group699    1,829
Costs in excess of billings37689
Other current assets1,464 1,821950852934
Other undisclosed current assets409 5622,7485,4971,179
Total current assets:9,979 8,70412,08225,14221,114
Noncurrent Assets
Operating lease, right-of-use asset227  
Nontrade receivables  230429  
Property, plant and equipment2,904 8,38816,4115,3696,902
Long-term investments and receivables88 9801,6082,2093,552
Long-term investments88 9801,6082,2093,552
Deferred tax assets, net 300 
Other undisclosed noncurrent assets843  848  
Total noncurrent assets:4,062 9,59819,2967,87810,454
TOTAL ASSETS:14,041 18,30231,37833,02031,568
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,679 2,5072,8992,9612,903
Accounts payable1,257 1,2231,1911,1851,423
Accrued liabilities1,032 1,0791,1401,3861,031
Employee-related liabilities390 205568390449
Asset retirement obligation605 3304441,2311,017
Billings in excess of cost40165
Other liabilities873 1,64454258377
Other undisclosed current liabilities452 287232308274
Total current liabilities:4,609 4,7683,6294,7984,736
Noncurrent Liabilities
Long-term debt and lease obligation213     
Long-term debt, excluding current maturities98     
Operating lease, liability115  
Liabilities, other than long-term debt10,878 12,03711,51010,03913,088
Deferred revenue and credits21 
Deferred rent credit  193107
Asset retirement obligations5,787 6,0596,6785,6326,177
Deferred tax liabilities, net315236204
Deferred income tax liabilities233  
Liability, pension and other postretirement and postemployment benefits4,858 5,7854,4104,1506,707
Other undisclosed noncurrent liabilities  168   
Total noncurrent liabilities:11,091 12,20511,51010,03913,088
Total liabilities:15,700 16,97315,13914,83717,824
Stockholders' equity
Stockholders' equity attributable to parent(1,662) 1,22916,02617,25213,214
Common stock4,223 4,2234,2234,2234,223
Treasury stock, value(2,286) (2,286)(2,286)(2,286)(2,286)
Additional paid in capital1,350 1,3501,3501,3501,345
Accumulated other comprehensive loss(1,636) (2,917)(514)(1,058)(3,920)
Retained earnings (accumulated deficit)(3,313) 85913,25315,02313,852
Stockholders' equity attributable to noncontrolling interest3 100213931530
Total stockholders' equity:(1,659) 1,32916,23918,18313,744
TOTAL LIABILITIES AND EQUITY:14,041 18,30231,37833,02031,568

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

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Revenues(114) 12,0759,36813,03013,287
Revenue, net12,93713,241
Cost of revenue(9,563) (12,605)(3,650)(7,035)(11,990)
Cost of goods and services sold    (6,259)(10,750)
Gross profit:3,739 (530)5,7185,9951,297
Operating expenses(7,142) (11,842)(4,506)(7,037)(7,507)
Operating income (loss):(3,403) (12,372)1,212(1,042)(6,210)
Nonoperating income
(Investment Income, Nonoperating)
2 621629346
Interest and debt expense(4) (5)(7)(6)(97)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes2 (57)(3,609)(87)51
Loss from continuing operations before equity method investments, income taxes:(3,403) (12,372)(2,242)(1,042)(6,210)
Income (loss) from equity method investments1,474 (276)2232,2762,624
Income (loss) from continuing operations before income taxes:(1,929) (12,648)(2,019)1,234(3,586)
Income tax expense (benefit)(68) 2316011,080722
Net income (loss):(1,997) (12,417)(1,418)2,314(2,864)
Net income (loss) attributable to noncontrolling interest(247) 3(352)(1,143)(751)
Net income (loss) available to common stockholders, diluted:(2,244) (12,414)(1,770)1,171(3,615)

Comprehensive Income ($ in thousands)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Net income (loss):(1,997) (12,417)(1,418)2,314(2,864)
Other comprehensive income (loss)(1,467) (2,403)5442,862(1,798)
Comprehensive income (loss):(3,464) (14,820)(874)5,176(4,662)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(247) 3(352)(1,143)(751)
Comprehensive income (loss), net of tax, attributable to parent:(3,711) (14,817)(1,226)4,033(5,413)

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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