CrossAmerica Partners LP (CAPL) financial statements (2020 and earlier)
Company profile
| Business Address |
600 HAMILTON STREET ALLENTOWN, PA 18101 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 5172 - Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals (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 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5 | 3 | 4 | 1 | 1 | 15 | 4 | ||
| Cash and cash equivalents | 5 | 3 | 4 | 1 | 1 | 15 | 4 | ||
| Receivables | 33 | 26 | 42 | 42 | 21 | 38 | 7 | ||
| Inventory, net of allowances, customer advances and progress billings | 6 | 14 | 15 | 13 | 16 | 12 | 2 | ||
| Inventory | 6 | 14 | 15 | 13 | 16 | 12 | 2 | ||
| Disposal group, including discontinued operation | 6 | 2 | 12 | 2 | 3 | 3 | 1 | ||
| Other current assets | 6 | 6 | 8 | 7 | 8 | 8 | 4 | ||
| Other undisclosed current assets | 0 | 17 | |||||||
| Total current assets: | 56 | 51 | 81 | 65 | 50 | 76 | 35 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 583 | 647 | 681 | 677 | 629 | 391 | 289 | ||
| Intangible assets, net (including goodwill) | 136 | 148 | 165 | 170 | 163 | 118 | 56 | ||
| Goodwill | 89 | 89 | 89 | 89 | 81 | 40 | 9 | ||
| Intangible assets, net (excluding goodwill) | 48 | 59 | 76 | 81 | 82 | 78 | 47 | ||
| Deferred rent receivables, net | 7 | ||||||||
| Deferred costs | 7 | ||||||||
| Other noncurrent assets | 21 | 21 | 21 | 19 | 12 | 11 | |||
| Other undisclosed noncurrent assets | 116 | 1 | 11 | ||||||
| Total noncurrent assets: | 863 | 816 | 867 | 867 | 803 | 529 | 356 | ||
| TOTAL ASSETS: | 919 | 867 | 947 | 932 | 853 | 605 | 392 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 70 | 61 | 65 | 64 | 59 | 68 | 36 | ||
| Accounts payable | 40 | 33 | 36 | 35 | 33 | 34 | 21 | ||
| Accrued liabilities | 17 | 18 | 17 | 16 | 17 | 21 | 8 | ||
| Employee-related liabilities | 0 | 2 | |||||||
| Taxes payable | 12 | 11 | 12 | 12 | 10 | 10 | 7 | ||
| Interest and dividends payable | 1 | 1 | |||||||
| Debt | 2 | 2 | 3 | 3 | 8 | 29 | 3 | ||
| Deferred compensation liability | 2 | 5 | 3 | ||||||
| Accrued environmental loss contingencies | 2 | 0 | 0 | ||||||
| Asset retirement obligation | 0 | 0 | |||||||
| Due to related parties | 34 | 25 | 26 | ||||||
| Other undisclosed current liabilities | 24 | 5 | (8) | (3) | |||||
| Total current liabilities: | 130 | 88 | 93 | 75 | 67 | 94 | 39 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 521 | 519 | 529 | 465 | 431 | 261 | 238 | ||
| Long-term debt, excluding current maturities | 431 | 201 | 174 | ||||||
| Capital lease obligations | ✕ | 75 | 77 | 78 | 60 | 64 | |||
| Other undisclosed long-term debt and lease obligation | 521 | 444 | 452 | 387 | |||||
| Liabilities, other than long-term debt | 75 | 148 | 154 | 171 | 86 | 78 | 27 | ||
| Asset retirement obligations | 36 | 33 | 31 | 28 | 19 | 2 | |||
| Deferred tax liabilities, net | 20 | 20 | 24 | 43 | 44 | 24 | 5 | ||
| Accrued environmental loss contingencies | 1 | 1 | |||||||
| Other liabilities | 19 | 96 | 98 | 100 | 43 | 34 | 19 | ||
| Other undisclosed noncurrent liabilities | 102 | (19) | (7) | ||||||
| Total noncurrent liabilities: | 697 | 668 | 683 | 636 | 517 | 320 | 258 | ||
| Total liabilities: | 827 | 756 | 776 | 711 | 584 | 414 | 297 | ||
| Stockholders' equity | |||||||||
| Other undisclosed stockholders' equity | 92 | 111 | 171 | 221 | 269 | 190 | 95 | ||
| Total stockholders' equity: | 92 | 111 | 171 | 221 | 269 | 190 | 95 | ||
| TOTAL LIABILITIES AND EQUITY: | 919 | 867 | 947 | 932 | 853 | 605 | 392 | ||
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 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,100 | 2,348 | 2,095 | 1,870 | 2,215 | 2,671 | 1,934 | |
| Revenue, net | ✕ | ✕ | 2,095 | 1,870 | 2,215 | 2,669 | 1,934 | |
| Revenue from related parties | 326 | 434 | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Cost of revenue | (2,020) | (2,273) | (1,934) | (1,714) | (2,057) | (2,575) | (1,885) | |
| Cost of goods and services sold | (2,020) | (2,273) | (1,934) | (1,714) | (2,057) | (1,750) | (961) | |
| Other undisclosed gross profit | 85 | 98 | ||||||
| Gross profit: | 165 | 173 | 161 | 156 | 158 | 96 | 50 | |
| Operating expenses | (129) | (146) | (147) | (140) | (145) | (86) | (21) | |
| Other undisclosed operating income (loss) | 13 | 9 | 18 | 16 | 13 | (2) | (0) | |
| Operating income: | 49 | 35 | 32 | 32 | 26 | 9 | 29 | |
| Nonoperating income (Other Nonoperating income) | 0 | 0 | 0 | 1 | 0 | 0 | 2 | |
| Interest and debt expense | (30) | (33) | (28) | (23) | (18) | (17) | (14) | |
| Income (loss) from continuing operations before income taxes: | 20 | 3 | 5 | 10 | 8 | (8) | 16 | |
| Income tax benefit | 1 | 3 | 18 | 0 | 4 | 1 | 2 | |
| Net income (loss): | 22 | 5 | 23 | 11 | 11 | (6) | 18 | |
| Net income (loss) attributable to noncontrolling interest | 0 | (0) | (0) | (0) | (0) | |||
| Other undisclosed net income attributable to parent | 0 | |||||||
| Net income (loss) available to common stockholders, diluted: | 22 | 5 | 23 | 11 | 11 | (6) | 18 | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 22 | 5 | 23 | 11 | 11 | (6) | 18 | |
| Comprehensive income (loss): | 22 | 5 | 23 | 11 | 11 | (6) | 18 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | (0) | (0) | (0) | (0) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 22 | 5 | 23 | 11 | 11 | (6) | 18 | |
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.