New Concept Energy, Inc (GBR) financial statements (2021 and earlier)

Company profile

Business Address 1603 LBJ FREEWAY
DALLAS, TX 75234
State of Incorp. NV
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
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments000000
Cash and cash equivalents000000
Receivables444000
Other current assets0   00
Total current assets:444101
Noncurrent Assets
Property, plant and equipment111111
Oil and gas property, full cost method 13366
Long-term investments and receivables0000  
Accounts and financing receivable, after allowance for credit loss0000  
Other undisclosed noncurrent assets    01
Total noncurrent assets:123478
TOTAL ASSETS:568479
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities000000
Accounts payable00000 
Accrued liabilities000000
Debt000001
Due to related parties    00
Other undisclosed current liabilities    (0)0
Total current liabilities:000101
Noncurrent Liabilities
Long-term debt and lease obligation 0000 
Long-term debt, excluding current maturities 0000 
Other undisclosed noncurrent liabilities033334
Total noncurrent liabilities:033334
Total liabilities:033435
Stockholders' equity
Stockholders' equity attributable to parent425144
Preferred stock000000
Common stock000000
Additional paid in capital646464595959
Accumulated deficit(59)(61)(59)(58)(55)(55)
Total stockholders' equity:425144
TOTAL LIABILITIES AND EQUITY:568479

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 11114
Revenue, net114
Cost of revenue
(Cost of Goods and Services Sold)
(0)  (1)  
Gross profit:(0)11(0)14
Operating expenses(0)(3)(1)(4)(2)(8)
Other operating expense, net    (0)(0)
Other undisclosed operating income0  100
Operating loss:(0)(3)(1)(3)(1)(4)
Nonoperating income000000
Investment income, nonoperating 00000
Other nonoperating income 000  
Interest and debt expense (0)(0)(0)0(0)
Loss from continuing operations before income taxes:(0)(2)(1)(3)(1)(4)
Income tax expense    (0) 
Loss from continuing operations:(0)(2)(1)(3)(1)(4)
Income (loss) from discontinued operations2  (0)0 
Income (loss) before gain (loss) on sale of properties:2(2)(1)(3)(1)(4)
Other undisclosed net income     1
Net income (loss):2(2)(1)(3)(1)(3)
Other undisclosed net income attributable to parent 0001 
Net income (loss) available to common stockholders, diluted:2(2)(0)(3)0(3)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):2(2)(1)(3)(1)(3)
Comprehensive income (loss), net of tax, attributable to parent:2(2)(1)(3)(1)(3)

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: