Cubic Energy Inc (CBNRQ) financial statements (2020 and earlier)

Company profile

Business Address 9870 PLANO ROAD
DALLAS, TX 75238
State of Incorp. TX
Fiscal Year End June 30
SIC 1381 - Drilling Oil and Gas Wells (benchmarking)
More info Complete financial analysis Financial benchmarking

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

3/31/2015
TTM
6/30/2014
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 70
Cash and cash equivalents 70
Receivables 21
Prepaid expense 2
Prepaid expense and other current assets0
Total current assets: 101
Noncurrent Assets
Property, plant and equipment 10715
Oil and gas property, full cost method 13037
Deposits noncurrent assets  2
Restricted cash and investments 5 
Deferred costs 2 
Other noncurrent assets 7
Prepaid expense and other noncurrent assets2
Other undisclosed noncurrent assets (137)(39)
Total noncurrent assets: 11517
TOTAL ASSETS: 12518
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 71
Other undisclosed accounts payable and accrued liabilities 71
Debt (68)28
Derivative instruments and hedges, liabilities 8 
Other undisclosed current liabilities 1362
Total current liabilities: 8331
Noncurrent Liabilities
Liabilities, other than long-term debt 27 
Asset retirement obligations 2 
Derivative instruments and hedges, liabilities 25 
Other undisclosed noncurrent liabilities 16 
Total noncurrent liabilities: 43 
Total liabilities: 12731
Stockholders' equity
Stockholders' equity attributable to parent, including: (2)(13)
Common stock 44
Additional paid in capital 5769
Accumulated deficit (78)(86)
Warrants and rights outstanding 16 
Other undisclosed stockholders' equity attributable to parent (1)0
Other undisclosed stockholders' equity 0 
Total stockholders' equity: (2)(13)
TOTAL LIABILITIES AND EQUITY: 12518

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

3/31/2015
TTM
6/30/2014
6/30/2013
Revenues
(Revenue, Net)
 164
Cost of revenue
(Cost of Goods and Services Sold)
 (9)(2)
Gross profit: 72
Operating expenses (14)(6)
Operating loss: (8)(4)
Nonoperating income (expense) 17(2)
Other nonoperating income 01
Interest and debt expense (19)(2)
Other undisclosed income from continuing operations before equity method investments, income taxes 192
Net income (loss) attributable to parent: 9(6)
Other undisclosed net loss available to common stockholders, basic (1)(1)
Net income (loss) available to common stockholders, diluted: 8(7)

Comprehensive Income ($ in millions)

3/31/2015
TTM
6/30/2014
6/30/2013
Net income (loss): 9(6)
Comprehensive income (loss), net of tax, attributable to parent: 9(6)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: