Cable One, Inc. (CABO) financial statements (2022 and earlier)

Company profile

Business Address 210 E. EARLL DRIVE
PHOENIX, AZ 85012
State of Incorp. DE
Fiscal Year End December 31
SIC 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
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 investments389575125264162138119
Cash and cash equivalents389575125264162138119
Receivables83814241723735
Prepaid expense543 81112
Capitalized contract cost  43
Other current assets944    
Other undisclosed current assets159310   
Total current assets:501673181318242186166
Noncurrent Assets
Property, plant and equipment 1,2651,201848832620641
Long-term investments and receivables589657     
Long-term investments589657     
Intangible assets, net (including goodwill)3,8291,7091,7421,1261,138582582
Goodwill9684314301721728585
Intangible assets, net (excluding goodwill)2,8611,2781,312954966497497
Other noncurrent assets423427116919
Other undisclosed noncurrent assets1,993150     
Total noncurrent assets:6,4533,8162,9701,9851,9761,2111,242
TOTAL ASSETS:6,9544,4883,1522,3032,2181,3971,409
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:203174137941188395
Accounts payable   21221731
Accrued liabilities   11121216
Employee-related liabilities   21351816
Taxes payable   8656
Interest and dividends payable54     
Other undisclosed accounts payable and accrued liabilities19817013733433127
Deferred revenue272124
Debt392629211464
Deferred revenue and credits382222
Contract with customer, liability19
Other undisclosed current liabilities      5
Total current liabilities:269222190134171111127
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,8002,1491,7121,1421,161531545
Long-term debt, excluding current maturities      545
Other undisclosed long-term debt and lease obligation3,8002,1491,7121,1421,161531 
Liabilities, other than long-term debt1,092623409252216301301
Deferred compensation liability, classified    102424
Deferred tax liabilities, net242206276277
Deferred income tax liabilities854367303
Other liabilities15710110510 00
Derivative instruments and hedges, liabilities82155     
Total noncurrent liabilities:4,8922,7712,1211,3941,376832846
Total liabilities:5,1612,9932,3101,5281,547943973
Stockholders' equity
Stockholders' equity attributable to parent1,7931,495842775671455435
Common stock0000000
Treasury stock, value(136)(128)(122)(114)(80)(75)(16)
Additional paid in capital556536513928185
Accumulated other comprehensive loss(83)(141)(68)(0)(0)(0)(1)
Retained earnings1,4571,228980850723512447
Total stockholders' equity:1,7931,495842775671455435
TOTAL LIABILITIES AND EQUITY:6,9544,4883,1522,3032,2181,3971,409

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,6061,3251,1681,072960820807
Revenue, net960820807
Cost of revenue(449)(411)(382)(365)(332)(299)(310)
Gross profit:1,156914786707628521497
Operating expenses(700)(445)(475)(439)(392)(333)(335)
Operating income:457469310268236188162
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(6)(16)(5)415(0)
Interest and debt expense(113)(74)(72)(60)(47)(30)(16)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (0)
Income from continuing operations before equity method investments, income taxes:337379234212190163145
Income from equity method investments01     
Other undisclosed income from continuing operations before income taxes      0
Income from continuing operations before income taxes:338381234212190163145
Income tax expense (benefit)(46)(76)(55)(47)44(64)(56)
Net income available to common stockholders, basic:2923041791652349989
Interest on convertible debt5      
Net income available to common stockholders, diluted:2973041791652349989

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:2923041791652349989
Other comprehensive loss      (1)
Comprehensive income:2923041791652349988
Other undisclosed comprehensive income (loss), net of tax, attributable to parent58(73)(68)0000
Comprehensive income, net of tax, attributable to parent:3502321111652349988

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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