Falcon Minerals Corporation (FLMN) financial statements (2021 and earlier)

Company profile

Business Address 1845 WALNUT STREET, 10TH FLOOR
PHILADELPHIA, PA 19103
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3371
Cash and cash equivalents3371
Receivables5811 
Prepaid expense1120
Total current assets:912201
Noncurrent Assets
Property, plant and equipment01  
Oil and gas property, successful effort method208219209 
Long-term investments and receivables   276
Long-term investments   276
Deferred income tax assets5656
Other noncurrent assets333 
Other undisclosed noncurrent assets  59 
Total noncurrent assets:267279271276
TOTAL ASSETS:276290291277
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2210
Taxes payable   0
Other undisclosed accounts payable and accrued liabilities2210
Other liabilities2   
Other undisclosed current liabilities   0
Total current liabilities:3210
Noncurrent Liabilities
Long-term debt and lease obligation404321 
Long-term debt, excluding current maturities404321 
Liabilities, other than long-term debt10  
Other liabilities10  
Other undisclosed noncurrent liabilities   10
Total noncurrent liabilities:41432110
Total liabilities:44452210
Temporary equity, carrying amount   262
Stockholders' equity
Stockholders' equity attributable to parent, including:1231291435
Additional paid in capital1231291384
Retained earnings  51
Other undisclosed stockholders' equity attributable to parent   0
Stockholders' equity attributable to noncontrolling interest108116127 
Other undisclosed stockholders' equity000 
Total stockholders' equity:2322452705
TOTAL LIABILITIES AND EQUITY:276290291277

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Gross profit:396897 
Operating expenses(31)(31)(34)(0)
Operating income (loss):83763(0)
Nonoperating income (expense)(2)(2)393
Investment income, nonoperating   1
Other nonoperating income0001
Interest and debt expense(2)(2)(2) 
Other undisclosed loss from continuing operations before equity method investments, income taxes   (1)
Income from continuing operations before equity method investments, income taxes:4321001
Other undisclosed income from continuing operations before income taxes222 
Income from continuing operations before income taxes:6351021
Income tax expense(1)(4)(3)(0)
Income from continuing operations:531991
Income from discontinued operations  2 
Net income:5311011
Net loss attributable to noncontrolling interest(3)(17)(11) 
Net income attributable to parent:314901
Preferred stock dividends and other adjustments   (1)
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)  
Net income (loss) available to common stockholders, diluted:31490(1)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:5311011
Comprehensive income:5311011
Comprehensive loss, net of tax, attributable to noncontrolling interest(3)(17)(11) 
Comprehensive income, net of tax, attributable to parent:314901

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: