Core Laboratories N.V. (CLB) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments14111314152223
Cash and cash equivalents14111314152223
Receivables93138143141121153197
Inventory, net of allowances, customer advances and progress billings38504633344143
Inventory38504633344143
Prepaid expense15161513111214
Income taxes receivable11
Other current assets6614771013
Total current assets:166221231207186239302
Noncurrent Assets
Operating lease, right-of-use asset6676
Property, plant and equipment115124123123130143149
Long-term investments and receivables   4332
Long-term investments   4332
Intangible assets, net (including goodwill), including:108231232188189188175
Goodwill99213219179179178164
Intangible assets, net (excluding goodwill) 17139101011
Other undisclosed intangible assets, net (including goodwill)9      
Contract with customer, asset, net 0 
Deferred costs      2
Deferred income tax assets73 
Other noncurrent assets40565155474446
Deferred tax assets, net11    
Other undisclosed noncurrent assets 67 7179(1)
Total noncurrent assets:403553418377387387374
TOTAL ASSETS:569775649585573625676
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities66787881839790
Accounts payable23364142343347
Accrued liabilities891191425 
Employee-related liabilities27272329193635
Taxes payable86311628
Deferred revenue14
Debt 12     
Disposal group, including discontinued operation  2    
Deferred revenue and credits17161411
Deferred tax liabilities   (10)(3)
Contract with customer, liability6
Other undisclosed current liabilities221717761934
Total current liabilities:90112103105104121132
Noncurrent Liabilities
Long-term debt and lease obligation, including:259305290227216431356
Long-term debt, excluding current maturities259305290227216431356
Operating lease, liability5665
Other undisclosed long-term debt and lease obligation(56)(65)     
Liabilities, other than long-term debt888496104979794
Deferred revenue00
Contract with customer, liability1
Deferred compensation liability, classified39504953464343
Deferred tax liabilities, net85657
Deferred income tax liabilities21 
Other liabilities28333746454944
Other undisclosed noncurrent liabilities5692     
Total noncurrent liabilities:403481385331314528450
Total liabilities:493593488436418649582
Stockholders' equity
Stockholders' equity attributable to parent72178157145151(29)88
Common stock1111111
Treasury stock, value(14)(29)(53)(76)(81)(239)(318)
Additional paid in capital4152575453  
Accumulated other comprehensive loss(7)(6)(5)(8)(10)(11)(12)
Retained earnings50161156174188219416
Stockholders' equity attributable to noncontrolling interest4444456
Total stockholders' equity:76182161149155(24)94
TOTAL LIABILITIES AND EQUITY:569775649585573625676

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues4876687016605957981,085
Revenue, net6605957981,085
Cost of revenue
(Cost of Goods and Services Sold)
(10)      
Gross profit:4776687016605957981,085
Operating expenses(123)(2)(22)(22)(21)(40)(26)
Other operating income (expense), net(2)(5)1(1)0(4)(1)
Other undisclosed operating loss(429)(564)(561)    
Operating income (loss):(77)971196375747541,058
Nonoperating income (expense)373(1)185
Foreign currency transaction gain (loss), before tax123(1)254
Other nonoperating income (expense)251 (0)41
Interest and debt expense(14)(15)(13)(11)(12)(12)(11)
Other undisclosed loss from continuing operations before equity method investments, income taxes(3)(7)(3)(524)(489)(601)(717)
Income (loss) from continuing operations before income taxes:(91)8210510275149336
Income tax expense (benefit)(6)12(25)(19)(11)(34)(77)
Income (loss) from continuing operations:(97)94808364115259
Income (loss) from discontinued operations(1)10(0)    
Income (loss) before gain (loss) on sale of properties:(98)104808364115259
Other undisclosed net income (loss)0(2)     
Net income (loss):(97)102808364115259
Net income (loss) attributable to noncontrolling interest(0)(0)(0)00(0)(1)
Net income (loss) available to common stockholders, diluted:(98)102808364115257

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(97)102808364115259
Other comprehensive income (loss)(1)(1)3(1)(1)(1) 
Other undisclosed comprehensive income (loss)   313(3)
Comprehensive income (loss):(98)101838565116255
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)(0)00(0)1
Other undisclosed comprehensive loss, net of tax, attributable to parent      (2)
Comprehensive income (loss), net of tax, attributable to parent:(99)101828565116254

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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