Cirtran Corp (CIRC) financial statements (2020 and earlier)
Company profile
| Business Address |
4125 SOUTH 6000 WEST WEST VALLEY CITY, UT 84128 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 208 - Beverages (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 0 | 0 | 0 | 0 | ||
| Cash and cash equivalents | 0 | 0 | 0 | 0 | ||
| Receivables | 0 | 0 | ||||
| Inventory, net of allowances, customer advances and progress billings | 0 | 0 | ||||
| Inventory | 0 | 0 | ||||
| Disposal group, including discontinued operation | 0 | |||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 0 | ||
| Other current assets | 0 | 0 | ✕ | |||
| Total current assets: | 0 | 0 | 0 | 0 | ||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 0 | 0 | 0 | 0 | ||
| Long-term investments and receivables | (2) | (2) | ||||
| Accounts and financing receivable, after allowance for credit loss | (2) | (2) | ||||
| Other noncurrent assets | 0 | ✕ | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 0 | ||
| Other undisclosed noncurrent assets | 0 | 0 | 2 | 2 | ||
| Total noncurrent assets: | 0 | 0 | 0 | 1 | ||
| TOTAL ASSETS: | 0 | 0 | 1 | 1 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 10 | 9 | 10 | 11 | ||
| Accounts payable | 2 | 2 | 4 | 5 | ||
| Accrued liabilities | 1 | 1 | 2 | 2 | ||
| Employee-related liabilities | 4 | 4 | 3 | 3 | ||
| Taxes payable | 1 | 1 | ||||
| Interest and dividends payable | 2 | 2 | ||||
| Deferred revenue | 0 | ✕ | ✕ | ✕ | ||
| Debt | 1 | 0 | 2 | 0 | ||
| Derivative instruments and hedges, liabilities | 1 | 0 | 1 | |||
| Due to related parties | 1 | 1 | 1 | 1 | ||
| Disposal group, including discontinued operation | 26 | 26 | ||||
| Deferred revenue and credits | ✕ | ✕ | 3 | 3 | ||
| Other liabilities | 3 | 3 | ||||
| Other undisclosed current liabilities | 0 | 0 | 4 | 9 | ||
| Total current liabilities: | 38 | 37 | 23 | 27 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 2 | 3 | ||||
| Long-term debt, excluding current maturities | 2 | 3 | ||||
| Other undisclosed noncurrent liabilities | 1 | 1 | ||||
| Total noncurrent liabilities: | 3 | 4 | ||||
| Total liabilities: | 42 | 41 | 23 | 27 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent | (41) | (40) | (14) | (17) | ||
| Common stock | 0 | 4 | 4 | 3 | ||
| Common stock, share subscribed but unissued, subscriptions receivable | (0) | (0) | ||||
| Additional paid in capital | 37 | 33 | 29 | 29 | ||
| Accumulated deficit | (79) | (78) | (48) | (49) | ||
| Stockholders' equity attributable to noncontrolling interest | (9) | (9) | ||||
| Total stockholders' equity: | (41) | (40) | (23) | (26) | ||
| TOTAL LIABILITIES AND EQUITY: | 0 | 0 | 1 | 1 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 3 | 4 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (1) | (0) | |||
| Other undisclosed gross profit | (0) | (1) | |||
| Gross profit: | 2 | 3 | |||
| Operating expenses | (0) | (0) | (3) | (4) | |
| Operating loss: | (0) | (0) | (1) | (0) | |
| Nonoperating income (expense) | (1) | (0) | 3 | (2) | |
| Investment income, nonoperating | 1 | (1) | |||
| Other nonoperating income (expense) | (0) | (0) | 2 | (1) | |
| Interest and debt expense | (0) | (0) | 1 | (1) | |
| Income (loss) from continuing operations before income taxes: | (1) | (1) | 3 | (4) | |
| Other undisclosed income from continuing operations | 1 | 0 | |||
| Income (loss) from continuing operations: | (1) | (1) | 3 | (4) | |
| Loss from discontinued operations | (0) | (0) | |||
| Income (loss) before gain (loss) on sale of properties: | (1) | (1) | 3 | (4) | |
| Other undisclosed net income (loss) | (0) | (2) | 2 | ||
| Net income (loss): | (1) | (1) | 1 | (2) | |
| Net income (loss) attributable to noncontrolling interest | (0) | 2 | |||
| Other undisclosed net income attributable to parent | 0 | ||||
| Net income (loss) available to common stockholders, diluted: | (1) | (1) | 1 | (0) | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | (1) | (1) | 1 | (2) | |
| Comprehensive income (loss): | (1) | (1) | 1 | (2) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | (2) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (1) | (1) | 2 | (3) | |
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.