Cohen & Company Inc. (COHN) financial statements (2022 and earlier)

Company profile

Business Address CIRA CENTRE, 2929 ARCH STREET
PHILADELPHIA, PA 19104-2870
State of Incorp. MD
Fiscal Year End December 31
SIC 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5142814225172109
Cash and cash equivalents5142814231514
Short-term investments    20215795
Prepaid expense   0 00
Total current assets:5142814225172109
Noncurrent Assets
Operating lease, right-of-use asset1067
Property, plant and equipment1111001
Long-term investments and receivables48134  00
Long-term investments48134  00
Intangible assets, net (including goodwill)0088888
Goodwill0088888
Intangible assets, net (excluding goodwill)0000000
Deferred income tax assets97 
Total noncurrent assets:7028209999
Other undisclosed assets3,5346,0797,9735,6311,803380191
TOTAL ASSETS:3,6546,1498,0025,6542,036561309
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2111111
Employee-related liabilities2111111
Debt3,1715,7137,5345,2111,692295128
Total current liabilities:3,1735,7147,5355,2111,693296129
Noncurrent Liabilities
Liabilities, other than long-term debt  1    
Deferred income tax liabilities  1
Total noncurrent liabilities:  1    
Other undisclosed liabilities332334416401295218134
Total liabilities:3,5056,0487,9535,6121,988515263
Stockholders' equity
Stockholders' equity attributable to parent61443336403940
Preferred stock0000000
Common stock0000000
Additional paid in capital72656969696972
Accumulated other comprehensive loss(1)(1)(1)(1)(1)(1)(1)
Accumulated deficit(10)(20)(35)(32)(28)(30)(31)
Stockholders' equity attributable to noncontrolling interest8858157886
Total stockholders' equity:1501014942484746
TOTAL LIABILITIES AND EQUITY:3,6546,1498,0025,6542,036561309

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues146665049485546
Gain on disposition of assets for financial service operations2131  
Principal transactions revenue, net  3829
Financial services revenue354841
Cost of revenue(14) (13)(10)(16)(14)(18)
Gross profit:133663739314128
Operating expenses(93)(70)(33)(35)(24)(33)(30)
Other undisclosed operating income 41     
Operating income (loss):40384479(2)
Nonoperating income2   22  
Investment income, nonoperating    22  
Other nonoperating income2      
Interest and debt expense2(66)(1)(8)(6)(5)(4)
Income (loss) from continuing operations before equity method investments, income taxes:44(28)4(5)234(6)
Income (loss) from equity method investments36(0)(1)    
Other undisclosed income (loss) from continuing operations before income taxes(9)64(7) (22)  
Income (loss) from continuing operations before income taxes:7036(4)(5)14(6)
Income tax expense (benefit)28111(0)(0)
Net income (loss):7244(4)(4)23(6)
Net income (loss) attributable to noncontrolling interest(61)(24)22(0)(1)2
Other undisclosed net loss attributable to parent (5)     
Net income (loss) available to common stockholders, basic:1115(2)(2)22(4)
Interest on convertible debt11  1  
Dilutive securities, effect on basic earnings per share2514(1)(2)01(2)
Other undisclosed net income (loss) available to common stockholders, diluted29001(0)0
Net income (loss) available to common stockholders, diluted:4039(3)(4)43(6)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):7244(4)(4)23(6)
Other comprehensive income (loss)(0)0(0)(0)0(0)(0)
Other undisclosed comprehensive loss (5)     
Comprehensive income (loss):7239(4)(4)33(6)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(61)(29)22(0)(1)2
Other undisclosed comprehensive income, net of tax, attributable to parent 5     
Comprehensive income (loss), net of tax, attributable to parent:1114(2)(3)22(4)

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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