CPI Aerostructures, Inc. (CVU) financial statements (2020 and earlier)

Company profile

Business Address 200A EXECUTIVE DR
EDGEWOOD, NY 11717
State of Incorp. NY
Fiscal Year End December 31
SIC 3728 - Aircraft Parts and Auxiliary Equipment, Not Elsewhere Classified (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 investments0411122
Cash and cash equivalents0411122
Receivables119598154
Inventory, net of allowances, customer advances and progress billings1010    
Inventory1010     
Contract with customer, asset121113
Prepaid expense and other current assets1
Costs in excess of billings11110010379113
Other undisclosed current assets3422130
Total current assets:14614012011111298120
Noncurrent Assets
Operating lease, right-of-use asset4
Nontrade receivables 0    
Property, plant and equipment3322233
Other noncurrent assets000000 
Prepaid expense and other noncurrent assets0
Costs in excess of billings   330
Other undisclosed noncurrent assets 02421(29)
Total noncurrent assets:8447464
TOTAL ASSETS:154144124118117104124
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1212171520109
Accounts payable111015141898
Accrued liabilities1221111
Taxes payable 000001
Deferred revenue2
Debt0000000
Provision for loss on contracts  0110 
Billings in excess of cost0000 
Deferred tax liabilities    00
Contract with customer, liability4
Other undisclosed current liabilities31262524252623
Total current liabilities:45424241453732
Noncurrent Liabilities
Long-term debt and lease obligation, including:1111000
Long-term debt, excluding current maturities2479012
Operating lease, liability3
Other undisclosed long-term debt and lease obligation(4)(3)(6)(8)(0)(1)(2)
Liabilities, other than long-term debt 511111
Billings in excess of cost    0
Deferred tax liabilities, net4   11
Other liabilities 111111
Other undisclosed noncurrent liabilities7368012
Total noncurrent liabilities:8889134
Total liabilities:53505050463935
Stockholders' equity
Stockholders' equity attributable to parent, including:100937468716589
Common stock0000   
Additional paid in capital71715453525150
Accumulated other comprehensive loss  (0)(0)(0)(0)(0)
Retained earnings29232115181339
Other undisclosed stockholders' equity attributable to parent    000
Total stockholders' equity:100937468716589
TOTAL LIABILITIES AND EQUITY:154144124118117104124

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
Revenues1018481811004083
Revenue, net81811004083
Cost of revenue(80)(66)(63)(77)(84)(69)(65)
Cost of goods and services sold  (63)(77)(84)(69)(65)
Gross profit:211819417(30)18
Operating expenses(10)(10)(8)(9)(8)(7)(7)
Other undisclosed operating income     0 
Operating income (loss):11910(4)9(37)12
Nonoperating expense (2)(2)(1)(1)  
Interest and debt expense(2)(2)(2)(1)(1)(1)(1)
Other undisclosed loss from continuing operations before equity method investments, income taxes(2)      
Income (loss) from continuing operations before equity method investments, income taxes:757(7)7(38)11
Other undisclosed income from continuing operations before income taxes2221100
Income (loss) from continuing operations before income taxes:978(6)8(38)11
Income tax expense (benefit)(3)(4)(3)2(3)12(3)
Net income (loss) available to common stockholders, diluted:526(4)5(25)8

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 (loss):526(4)5(25)8
Other comprehensive income 0     
Other undisclosed comprehensive income0      
Comprehensive income (loss):526(4)5(25)8
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0) (0)(0)000
Comprehensive income (loss), net of tax, attributable to parent:526(4)5(25)8

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: