Gas Natural Inc (EGAS) financial statements (2022 and earlier)

Company profile

Business Address 1375 EAST 9TH STREET
CLEVELAND, OH 44114
State of Incorp. OH
Fiscal Year End December 31
SIC 4924 - Natural Gas Distribution (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,4632,7281,58613,5543,779
Cash and cash equivalents6,4632,7281,58613,1473,435
Short-term investments   406344
Restricted cash and investments 1,8981,898  
Receivables18,36317,81819,97921,17016,645
Inventory, net of allowances, customer advances and progress billings3,3804,0635,302
Inventory3,3804,0635,302  
Prepaid expense  9871,065
Derivative instruments and hedges, assets  3,023  
Regulatory current assets3,1312,4694,098  
Disposal group, including discontinued operation  11,65434 
Prepaid expense and other current assets2,224
Deferred tax assets636(303)6351,225829
Other current assets2,4232,174  
Other undisclosed current assets1,415676(1,386)10,05210,289
Total current assets:35,81131,52347,77547,10033,767
Noncurrent Assets
Property, plant and equipment139,691142,416142,011133,520118,627
Long-term investments and receivables  90352322
Long-term investments   352322
Accounts and financing receivable, after allowance for credit loss  90  
Intangible assets, net (including goodwill)18,19418,49719,08319,49815,508
Goodwill15,87215,87216,15616,26714,891
Intangible assets, net (excluding goodwill)2,3222,6252,9283,230617
Regulated entity, other noncurrent assets1,0321,5233,1351,3881,799
Other noncurrent assets2,6961,8321147
Prepaid expense and other noncurrent assets329
Deferred tax assets, net (12,295)(10,538)(9,055)(5,144)
Other undisclosed noncurrent assets 14,19312,43610,8949,256
Total noncurrent assets:161,613166,166166,229156,644140,696
TOTAL ASSETS:197,424197,689214,004203,744174,463
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities18,32014,62121,4763,1742,549
Accounts payable10,0558,78414,115  
Accrued liabilities8,2655,8374,861  
Employee-related liabilities  217  
Taxes payable  2,2833,1742,549
Debt17,06820,76229,68629,05325,782
Derivative instruments and hedges, liabilities 543,023  
Regulatory liability 487925  
Asset retirement obligation    1,850
Due to related parties  111  
Disposal group, including discontinued operation  54446 
Customer refund liability   2,4702,823
Business combination, contingent consideration, liability  672
Customer advances and deposits  634
Other liabilities1,0975,3259411,482730
Other undisclosed current liabilities 4,2333,32915,64910,382
Total current liabilities:36,48545,48261,34151,87344,115
Noncurrent Liabilities
Long-term debt and lease obligation52,17239,88641,39642,06145,741
Long-term debt, excluding current maturities49,39234,70939,72140,19943,701
Capital lease obligations2,7805,1771,6751,8632,041
Liabilities, other than long-term debt15,81016,83214,95712,2328,159
Customer advances or deposits  1,9431,0171,009
Deferred revenue and credits  113134155
Asset retirement obligations  1,1972,0261,850
Deferred tax liabilities, net11,28012,29510,5389,0555,144
Regulatory liability1,4171,2511,090  
Other liabilities3,1133,286   
Business combination, contingent consideration, liability  75
Other undisclosed noncurrent liabilities  (39,721)(40,102)(43,597)
Total noncurrent liabilities:67,98256,71816,63114,19210,303
Other undisclosed liabilities    43,701
Total liabilities:104,467102,20077,97266,06598,119
Stockholders' equity
Stockholders' equity attributable to parent92,95795,48996,31197,48076,344
Common stock1,5781,5751,5731,5681,255
Additional paid in capital64,09263,98563,82663,46944,256
Accumulated other comprehensive income   10566
Retained earnings27,28729,92930,91132,33830,766
Total stockholders' equity:92,95795,48996,31197,48076,344
Other undisclosed liabilities and equity  39,72140,199 
TOTAL LIABILITIES AND EQUITY:197,424197,689214,004203,744174,463

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
99,441112,361255,622225,099175,122
Cost of revenue
(Cost of Goods and Services Sold)
(56,517)(68,126)(87,717)(71,314)(51,811)
Other undisclosed gross profit  (123,053)(106,241)(81,281)
Gross profit:42,92444,23544,85247,54542,031
Operating expenses(39,872)(39,227)(37,753)(34,271)(32,429)
Operating income:3,0525,0087,09913,2749,601
Nonoperating income (expense)(65)278404338802
Investment income, nonoperating 96(151)  
Other nonoperating income (expense)(65)182579925440
Interest and debt expense(3,169)(3,604)(3,226)(3,179)(2,723)
Other undisclosed loss from continuing operations before equity method investments, income taxes    (1,603)
Income (loss) from continuing operations before equity method investments, income taxes:(182)1,6824,27710,4336,076
Loss from equity method investments  (352)(5)(9)
Other undisclosed income (loss) from continuing operations before income taxes (96)3525 
Income (loss) from continuing operations before income taxes:(182)1,5864,27710,4336,068
Income tax expense (benefit)707(417)(1,548)(3,392)(2,357)
Income from continuing operations:5251,1692,7297,0423,711
Income (loss) from discontinued operations(12)3,5191,033(370) 
Net income:5134,6883,7626,6713,711
Other undisclosed net income attributable to parent    9
Net income available to common stockholders, diluted:5134,6883,7626,6713,719

Comprehensive Income ($ in thousands)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:5134,6883,7626,6713,711
Comprehensive income:5134,6883,7626,6713,711
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (105)39(6)
Comprehensive income, net of tax, attributable to parent:5134,6883,6576,7103,705

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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