Core Laboratories N.V. (CLB) financial statements (2020 and earlier)

Company profile

Business Address STRAWINSKYLAAN 913
1077 XX AMSTERDAM, 1077 XX
State of Incorp.
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
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 investments11131415222325
Cash and cash equivalents11131415222325
Receivables138143141121153197201
Inventory, net of allowances, customer advances and progress billings50463334414347
Inventory50463334414347
Prepaid expense161513111214 
Prepaid expense and other current assets25
Income taxes receivable115
Other current assets614771013 
Total current assets:221231207186239302304
Noncurrent Assets
Operating lease, right-of-use asset76
Property, plant and equipment124123123130143149139
Long-term investments and receivables  43322
Long-term investments  43322
Intangible assets, net (including goodwill)231232188189188175174
Goodwill213219179179178164163
Intangible assets, net (excluding goodwill)1713910101111
Contract with customer, asset, net0 
Deferred costs     22
Other noncurrent assets565155474446 
Prepaid expense and other noncurrent assets40
Deferred tax assets, net11     
Other undisclosed noncurrent assets67 7179(1)1
Total noncurrent assets:553418377387387374357
TOTAL ASSETS:775649585573625676661
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities787881839790104
Accounts payable36414234334751
Accrued liabilities91191425  
Employee-related liabilities27232919363539
Taxes payable631162814
Deferred revenue4
Debt12      
Disposal group, including discontinued operation 2     
Deferred revenue and credits1716141111
Deferred tax liabilities   (10)(3)1
Contract with customer, liability6
Other undisclosed current liabilities171776193420
Total current liabilities:112103105104121132136
Noncurrent Liabilities
Long-term debt and lease obligation, including:305290227216431356267
Long-term debt, excluding current maturities305290227216431356267
Operating lease, liability65
Other undisclosed long-term debt and lease obligation(65)      
Liabilities, other than long-term debt849610497979489
Deferred revenue0
Contract with customer, liability1
Deferred compensation liability, classified50495346434338
Deferred tax liabilities, net856579
Other liabilities33374645494442
Other undisclosed noncurrent liabilities92      
Total noncurrent liabilities:481385331314528450356
Total liabilities:593488436418649582492
Stockholders' equity
Stockholders' equity attributable to parent178157145151(29)88163
Common stock1111111
Treasury stock, value(29)(53)(76)(81)(239)(318)(245)
Additional paid in capital52575453   
Accumulated other comprehensive loss(6)(5)(8)(10)(11)(12)(9)
Retained earnings161156174188219416416
Stockholders' equity attributable to noncontrolling interest4444566
Total stockholders' equity:182161149155(24)94169
TOTAL LIABILITIES AND EQUITY:775649585573625676661

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenue, net6605957981,0851,074
Gross profit:6687016605957981,0851,074
Operating expenses(2)(22)(22)(21)(40)(26)(25)
Other operating income (expense), net(5)1(1)0(4)(1)(0)
Other undisclosed operating loss(564)(561)     
Operating income:971196375747541,0581,048
Nonoperating income (expense)73(1)1854
Foreign currency transaction gain (loss), before tax23(1)2544
Other nonoperating income (expense)51 (0)41 
Interest and debt expense(15)(13)(11)(12)(12)(11)(9)
Other undisclosed loss from continuing operations before equity method investments, income taxes(7)(3)(524)(489)(601)(717)(719)
Income from continuing operations before income taxes:8210510275149336324
Income tax expense (benefit)12(25)(19)(11)(34)(77)(81)
Income from continuing operations:94808364115259243
Income (loss) from discontinued operations10(0)     
Income before gain (loss) on sale of properties:104808364115259243
Other undisclosed net loss(2)      
Net income:102808364115259243
Net income (loss) attributable to noncontrolling interest(0)(0)00(0)(1)(0)
Net income available to common stockholders, diluted:102808364115257243

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:102808364115259243
Other comprehensive income (loss)(1)3(1)(1)(1)  
Other undisclosed comprehensive income (loss)  313(3)(0)
Comprehensive income:101838565116255243
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)00(0)10
Other undisclosed comprehensive loss, net of tax, attributable to parent     (2)(1)
Comprehensive income, net of tax, attributable to parent:101828565116254243

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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