Geospace Technologies Corporation (GEOS) financial statements (2020 and earlier)

Company profile

Business Address 7007 PINEMONT DR.
HOUSTON, TX 77040
State of Incorp. TX
Fiscal Year End September 30
SIC 3829 - Measuring and Controlling Devices, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1937513840533
Cash and cash equivalents1912151022333
Short-term investments 2536271820 
Receivables27191217152855
Inventory, net of allowances, customer advances and progress billings241921105125146150
Inventory241921105125146150
Prepaid expense and other current assets6
Costs in excess of billings    12
Other undisclosed current assets1221525177
Total current assets:717786174205244233
Noncurrent Assets
Inventory, Noncurrent223256    
Property, plant and equipment31343745494948
Long-term investments and receivables058220 
Accounts and financing receivable, after allowance for credit loss058220 
Intangible assets, net (including goodwill)1512   22
Goodwill54   22
Intangible assets, net (excluding goodwill)108     
Prepaid expense000346 
Other noncurrent assets001000 
Prepaid expense and other noncurrent assets0
Other undisclosed noncurrent assets62401731485444
Total noncurrent assets:1311221198010211194
TOTAL ASSETS:202199206255307355327
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1011910142640
Accounts payable44324517
Accrued liabilities6768101517
Employee-related liabilities    077
Taxes payable00 0000
Deferred revenue3
Deferred revenue and credits20041
Billings in excess of cost    97
Deferred tax liabilities   00 
Other undisclosed current liabilities 4  (0)(7)(104)
Total current liabilities:13151110142335
Noncurrent Liabilities
Long-term debt and lease obligation      1
Long-term debt, excluding current maturities      1
Liabilities, other than long-term debt10800323
Deferred tax liabilities, net000323
Business combination, contingent consideration, liability108    
Other undisclosed noncurrent liabilities0      
Total noncurrent liabilities:10800324
Total liabilities:23221110172638
Stockholders' equity
Stockholders' equity attributable to parent179177195244290329289
Common stock0000000
Additional paid in capital89868478747166
Accumulated other comprehensive loss(16)(16)(14)(16)(13)(2)(1)
Retained earnings106106126182228261224
Total stockholders' equity:179177195244290329289
TOTAL LIABILITIES AND EQUITY:202199206255307355327

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

9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
Revenues9676746285237301
Revenue, net   14301
Cost of revenue(64)(65)(94)(81)(96)(140)(161)
Cost of goods and services sold(46) (0)(1)(4)(4)(2)
Other cost of operating revenue(18)      
Gross profit:3111(21)(19)(11)96140
Operating expenses(33)(32)(34)(36)(41)(43)(39)
Other undisclosed operating income2      
Operating income (loss):1(21)(54)(56)(53)54101
Nonoperating income (expense)11003(0)(0)
Investment income, nonoperating1110001
Foreign currency transaction gain (loss), before tax00(0)(0)30(1)
Other nonoperating expense(0)(0)(0)(0)(0)(0)(0)
Interest and debt expense(0)(0)(0)(0)(0)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes0000000
Income (loss) from continuing operations before income taxes:2(20)(54)(55)(50)54101
Income tax expense (benefit)(2)1(3)917(17)(32)
Net income (loss) attributable to parent:(0)(19)(57)(46)(33)3770
Other undisclosed net loss available to common stockholders, basic     (0) 
Net income (loss) available to common stockholders, basic:(0)(19)(57)(46)(33)3670
Other undisclosed net income available to common stockholders, diluted     0 
Net income (loss) available to common stockholders, diluted:(0)(19)(57)(46)(33)3670

Comprehensive Income ($ in millions)

9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
Net income (loss):(0)(19)(57)(46)(33)3770
Comprehensive income (loss):(0)(19)(57)(46)(33)3770
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)(1)2(3)(10)(1)(1)
Comprehensive income (loss), net of tax, attributable to parent:(0)(21)(55)(49)(43)3569

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: