Consumer Portfolio Services, Inc. (CPSS) financial statements (2020 and earlier)
Company profile
| Business Address |
19500 JAMBOREE ROAD IRVINE, CA 92612 |
| State of Incorp. | CA |
| Fiscal Year End | December 31 |
| SIC | 6199 - Finance Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 9 | 13 | 13 | 14 | 19 | 18 | 22 | ||
| Cash and cash equivalents | 9 | 13 | 13 | 14 | 19 | 18 | 22 | ||
| Restricted cash and investments | 130 | 112 | 113 | 106 | 175 | 132 | |||
| Receivables | 1,455 | 2,196 | 2,172 | 0 | 1 | ||||
| Total current assets: | 9 | 1,598 | 2,320 | 2,299 | 125 | 193 | 155 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, right-of-use asset | 19 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 2 | 2 | 2 | 2 | 2 | 1 | 1 | ||
| Deferred costs | 14 | 12 | 11 | ||||||
| Deferred income tax assets | 16 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 47 | 27 | 23 | 30 | 23 | 24 | 21 | ||
| Total noncurrent assets: | 84 | 29 | 25 | 32 | 39 | 37 | 33 | ||
| Other undisclosed assets | 2,445 | 859 | 79 | 79 | 1,979 | 1,602 | 1,208 | ||
| TOTAL ASSETS: | 2,537 | 2,486 | 2,425 | 2,410 | 2,143 | 1,833 | 1,396 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 55 | 32 | 29 | 25 | 30 | 22 | 25 | ||
| Other undisclosed accounts payable and accrued liabilities | 55 | 32 | 29 | 25 | 30 | 22 | 25 | ||
| Debt | 158 | 274 | 225 | 207 | 196 | 57 | 9 | ||
| Total current liabilities: | 213 | 305 | 254 | 232 | 226 | 78 | 34 | ||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 2,121 | 1,983 | 1,987 | 1,992 | 1,756 | 1,627 | 1,267 | ||
| Total liabilities: | 2,335 | 2,289 | 2,241 | 2,224 | 1,982 | 1,706 | 1,302 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 203 | 197 | 184 | 186 | 161 | 127 | 95 | ||
| Common stock | 71 | 70 | 72 | 77 | 81 | 81 | 73 | ||
| Accumulated other comprehensive loss | (8) | (8) | (7) | (7) | (7) | (5) | (1) | ||
| Retained earnings | 140 | 134 | 120 | 116 | 86 | 52 | 22 | ||
| Total stockholders' equity: | 203 | 197 | 184 | 186 | 161 | 127 | 95 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,537 | 2,486 | 2,425 | 2,410 | 2,143 | 1,833 | 1,396 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 351 | 390 | 434 | 422 | 364 | 300 | 256 | |
| Net investment income | 343 | 380 | 424 | 409 | 350 | 287 | ||
| Cost of revenue | (338) | (371) | (402) | (373) | (302) | (356) | (295) | |
| Cost of goods and services sold | (338) | (371) | (402) | (373) | (302) | (248) | (219) | |
| Financial services costs | ✕ | ✕ | (108) | (77) | ||||
| Gross profit: | 13 | 19 | 32 | 50 | 61 | (56) | (40) | |
| Operating expenses | (36) | (30) | ||||||
| Operating income (loss): | 13 | 19 | 32 | 50 | 61 | (92) | (70) | |
| Nonoperating income (Investment Income, Nonoperating) | 286 | |||||||
| Interest and debt expense | (109) | (101) | (92) | (80) | (58) | (50) | (47) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 109 | 101 | 92 | 80 | 58 | (92) | 154 | |
| Income from continuing operations before income taxes: | 13 | 19 | 32 | 50 | 61 | 52 | 37 | |
| Income tax expense | (2) | (4) | (28) | (20) | (27) | (23) | (16) | |
| Net income available to common stockholders, diluted: | 11 | 15 | 4 | 29 | 35 | 30 | 21 | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 11 | 15 | 4 | 29 | 35 | 30 | 21 | |
| Other comprehensive income (loss) | (0) | (0) | 0 | (1) | (3) | |||
| Other undisclosed comprehensive loss | (0) | |||||||
| Comprehensive income: | 11 | 15 | 4 | 29 | 34 | 27 | 21 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 10 | 14 | 3 | 29 | 26 | (26) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (1) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 21 | 29 | 7 | 59 | 33 | 52 | (5) | |
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.