Chesapeake Utilities Corporation (CPK) financial statements (2021 and earlier)

Company profile

Business Address 909 SILVER LAKE BLVD
DOVER, DE 19903-0615
State of Incorp. DE
Fiscal Year End December 31
SIC 4923 - Natural Gas Transmission and Distribution (benchmarking)
More info Complete financial analysis Financial benchmarking

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

Current Assets
Cash, cash equivalents, and short-term investments3 6643
Cash and cash equivalents3 6643
Receivables70 101928666
Inventory, net of allowances, customer advances and progress billings8 16141210
Inventory8 16141210
Prepaid expense13 101477
Derivative instruments and hedges, assets3 13110
Regulatory current assets11 51188
Other current assets0 6721
Other undisclosed current assets27 35342217
Total current assets:136 192179141113
Noncurrent Assets
Operating lease, right-of-use asset11 
Property, plant and equipment1,601 1,3841,126987855
Intangible assets, net (including goodwill)47 32271717
Goodwill39 26221515
Intangible assets, net (excluding goodwill)8 6522
Contract with customer, asset, net5 3
Regulated entity, other noncurrent assets115 73767778
Other undisclosed noncurrent assets17 111076
Total noncurrent assets:1,796 1,5021,2391,088956
TOTAL ASSETS:1,932 1,6941,4171,2291,069
Current Liabilities
Accounts payable and accrued liabilities100 1651058162
Accounts payable60 130755739
Accrued liabilities15 131077
Employee-related liabilities14 14131010
Interest and dividends payable11 8766
Deferred revenue1 
Debt189 306260222183
Derivative instruments and hedges, liabilities0 15610
Regulatory liability6 8617
Customer advances and deposits352927
Contract with customer, liability0
Other undisclosed current liabilities33 34   
Total current liabilities:329 528413334280
Noncurrent Liabilities
Long-term debt and lease obligation518 316197137149
Long-term debt, excluding current maturities508 316197137149
Operating lease, liability10 
Liabilities, other than long-term debt388 331321312282
Deferred tax liabilities, net157136223193
Deferred income tax liabilities205 
Liability, pension and other postretirement and postemployment benefits31 29303333
Accrued environmental loss contingencies4 8899
Regulatory liability143 1351414343
Other liabilities5 3653
Total noncurrent liabilities:906 647518449431
Total liabilities:1,235 1,175931783710
Stockholders' equity
Stockholders' equity attributable to parent, including:697 518486446358
Common stock8 8887
Treasury stock, value(6) (4)(3)(2)(2)
Additional paid in capital348 256253251190
Deferred compensation equity     2
Accumulated other comprehensive loss(3) (7)(4)(5)(6)
Retained earnings343 262229192166
Other undisclosed stockholders' equity attributable to parent6 432 
Total stockholders' equity:697 518486446358
TOTAL LIABILITIES AND EQUITY:1,932 1,6941,4171,2291,069

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

Revenues488 717618499459
Cost of revenue(4) (14)(13)(12)(1)
Cost of goods and services sold  (14)(13)(12)(1)
Provision for loan, lease, and other losses(4)  
Gross profit:484 703605486459
Operating expenses(375) (623)(532)(415)(381)
Other undisclosed operating income4 1413121
Operating income:113 95868478
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
3 (1)(1)(0)0
Interest and debt expense(22) (16)(13)(11)(10)
Income from continuing operations before income taxes:94 78727368
Income tax expense(24) (21)(14)(28)(27)
Net income:71 57584541
Other undisclosed net income attributable to parent1     
Net income available to common stockholders, diluted:71 57584541

Comprehensive Income ($ in millions)

Net income:71 57584541
Other comprehensive income (loss)3 (2)11(0)
Comprehensive income:74 55594641
Other undisclosed comprehensive income, net of tax, attributable to parent1     
Comprehensive income, net of tax, attributable to parent:75 55594641

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.

Login to ReadyRatios


Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: