Capitol Investment Corp. IV (CIC) financial statements (2021 and earlier)
Company profile
| Business Address |
6714 POINTE INVERNESS WAY FORT WAYNE, IN 46804 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7359 - Equipment Rental and Leasing, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 3 | 6 | 0 | 1 | ||
| Cash and cash equivalents | 3 | 6 | 0 | 1 | ||
| Receivables | 61 | 71 | ||||
| Inventory, net of allowances, customer advances and progress billings | 31 | 33 | ||||
| Inventory | 31 | 33 | ||||
| Other undisclosed current assets | 8 | 5 | 0 | 0 | ||
| Total current assets: | 103 | 116 | 0 | 1 | ||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 6 | 7 | ||||
| Long-term investments and receivables | 0 | 1 | ||||
| Accounts and financing receivable, after allowance for credit loss | 0 | 1 | ||||
| Intangible assets, net (including goodwill) | 306 | 309 | ||||
| Goodwill | 238 | 238 | ||||
| Intangible assets, net (excluding goodwill) | 68 | 71 | ||||
| Assets held-in-trust | 408 | 403 | ||||
| Deferred income tax assets | 17 | ✕ | ✕ | |||
| Other undisclosed noncurrent assets | 336 | 383 | ||||
| Total noncurrent assets: | 665 | 699 | 408 | 403 | ||
| TOTAL ASSETS: | 768 | 815 | 408 | 403 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 64 | 69 | 0 | 0 | ||
| Accounts payable | 32 | 41 | ||||
| Accrued liabilities | 32 | 28 | ||||
| Other undisclosed accounts payable and accrued liabilities | 0 | 0 | ||||
| Debt | 1 | 1 | ||||
| Deferred rent credit | 1 | 2 | ✕ | |||
| Other undisclosed current liabilities | 5 | 5 | ||||
| Total current liabilities: | 71 | 78 | 0 | 0 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 716 | 713 | ||||
| Long-term debt, excluding current maturities | 716 | 713 | ||||
| Liabilities, other than long-term debt | 7 | 14 | 0 | 0 | ||
| Accounts payable and accrued liabilities | 0 | 0 | ||||
| Deferred income tax liabilities | 12 | ✕ | ✕ | |||
| Other liabilities | 7 | 2 | ||||
| Other undisclosed noncurrent liabilities | 5 | 23 | 14 | 14 | ||
| Total noncurrent liabilities: | 728 | 750 | 14 | 14 | ||
| Total liabilities: | 799 | 827 | 14 | 14 | ||
| Temporary equity, carrying amount | 389 | 384 | ||||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent, including: | (31) | (12) | 5 | 5 | ||
| Common stock | 0 | 0 | ||||
| Additional paid in capital | 435 | 433 | 1 | 6 | ||
| Retained earnings (accumulated deficit) | (466) | (445) | 4 | (1) | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | ||||
| Total stockholders' equity: | (31) | (12) | 5 | 5 | ||
| TOTAL LIABILITIES AND EQUITY: | 768 | 815 | 408 | 403 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|
| Revenues | 303 | 264 | 0 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (226) | (177) | |||
| Gross profit: | 76 | 87 | 0 | ||
| Operating expenses | (59) | (51) | (2) | ||
| Other undisclosed operating loss | (0) | ||||
| Operating income (loss): | 17 | 36 | (2) | ||
| Nonoperating income (expense) | (69) | (69) | 7 | ||
| Investment income, nonoperating | 7 | ||||
| Interest and debt expense | (3) | (3) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3 | 3 | |||
| Income (loss) from continuing operations before income taxes: | (51) | (33) | 5 | ||
| Income tax benefit | 30 | 6 | |||
| Net income (loss): | (21) | (27) | 5 | ||
| Other undisclosed net income attributable to parent | 0 | ||||
| Net income (loss) attributable to parent: | (21) | (27) | 5 | ||
| Preferred stock dividends and other adjustments | (5) | ||||
| Net income (loss) available to common stockholders, diluted: | (21) | (27) | 0 | ||
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|
| Net income (loss): | (21) | (27) | 5 | ||
| Comprehensive income (loss): | (21) | (27) | 5 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 0 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (21) | (27) | 5 | ||
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.