Era Group, Inc. (ERA) financial statements (2021 and earlier)

Company profile

Business Address 3151 BRIARPARK DRIVE, SUITE 700
HOUSTON, TX 77042
State of Incorp.
Fiscal Year End March 31
SIC 4522 - Air Transportation, Nonscheduled (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments29411751142714
Cash and cash equivalents29411751142714
Restricted cash and investments4     
Receivables 333393249
Inventory, net of allowances, customer advances and progress billings972021212528
Inventory972021212528
Prepaid expense 2212 
Disposal group, including discontinued operation18     
Other current assets     0
Other undisclosed current assets26354981011
Total current assets:6761961168396103
Noncurrent Assets
Operating lease, right-of-use asset2679
Property, plant and equipment1,029557599674822859
Long-term investments and receivables38 27302929
Long-term investments38 27302929
Intangible assets, net (including goodwill) 01111
Intangible assets, net (excluding goodwill) 01111
Other noncurrent assets1262224715
Total noncurrent assets:1,460569649710859905
TOTAL ASSETS:2,1367657657929551,007
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:142131316912
Accounts payable63     
Employee-related liabilities59119899
Taxes payable2052223
Interest and dividends payable 11111
Other undisclosed accounts payable and accrued liabilities (3)16(2)(0)
Deferred revenue9 
Debt48202323
Liability for uncertainty in income taxes 11112
Other liabilities2131222
Other undisclosed current liabilities1061412111112
Total current liabilities:3265129322632
Noncurrent Liabilities
Long-term debt and lease obligation752150160202230266
Long-term debt, excluding current maturities568142160202230266
Operating lease, liability1848
Liabilities, other than long-term debt77104 107225230
Deferred tax liabilities, net 107225230
Deferred income tax liabilities65104
Liability, pension and other postretirement and postemployment benefits4     
Other liabilities7     
Other undisclosed noncurrent liabilities 1109113
Total noncurrent liabilities:829254269310457499
Total liabilities:1,155305298343483531
Temporary equity, carrying amount133445
Stockholders' equity
Stockholders' equity attributable to parent980457463446468471
Common stock000000
Treasury stock, value(10)(10)(2)(3)(3)(3)
Additional paid in capital686452447444438433
Accumulated other comprehensive income34 0000
Retained earnings270151843341
Stockholders' equity attributable to noncontrolling interest(1)     
Total stockholders' equity:979457463446468471
TOTAL LIABILITIES AND EQUITY:2,1367657657929551,007

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

12/31/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues942226222231247282
Cost of revenue(649)(41)(41)(50)(54)(53)
Cost of goods and services sold(422)     
Gross profit:293185181181193229
Operating expenses(281)(189)(195)(205)(201)(208)
Other undisclosed operating income (loss)(0)143(113)54
Operating income (loss):11(3)28(136)(3)24
Nonoperating income (expense)76(11)(14)(16)(16)(0)
Investment income, nonoperating8232111
Foreign currency transaction gain (loss), before tax(2)(0)(1)(0)0(3)
Other nonoperating income (expense)20(0)0(0)00
Interest and debt expense(31)(0)0(1)12
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes30(0)1(1)(2)
Income (loss) from continuing operations before equity method investments, income taxes:60(15)14(153)(19)24
Income (loss) from equity method investments 10211(2)
Other undisclosed loss from continuing operations before income taxes(63)     
Income (loss) from continuing operations before income taxes:(3)(5)16(151)(18)22
Income tax expense (benefit)(18)1(3)1233(14)
Net income (loss):(21)(4)13(29)(15)8
Net income attributable to noncontrolling interest000071
Net income (loss) attributable to parent:(21)(4)14(28)(8)9
Other undisclosed net income available to common stockholders, basic133     
Net income (loss) available to common stockholders, basic:112(4)14(28)(8)9
Other undisclosed net loss available to common stockholders, diluted(3)     
Net income (loss) available to common stockholders, diluted:109(4)14(28)(8)9

Comprehensive Income ($ in millions)

12/31/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(21)(4)13(29)(15)8
Other comprehensive income (loss)16  0 (0)
Other undisclosed comprehensive income26     
Comprehensive income (loss):22(4)13(29)(15)8
Comprehensive income, net of tax, attributable to noncontrolling interest000071
Comprehensive income (loss), net of tax, attributable to parent:22(4)14(28)(8)9

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: