Geospace Technologies Corporation (GEOS) financial statements (2021 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)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments34331937513840
Cash and cash equivalents34331912151022
Short-term investments   25362718
Receivables23142719121715
Inventory, net of allowances, customer advances and progress billings1417241921105125
Inventory1417241921105125
Assets held-for-sale, not part of disposal group11     
Other undisclosed current assets211221525
Total current assets:7365717786174205
Noncurrent Assets
Inventory, Noncurrent2217223256  
Operating lease, right-of-use asset 0 
Property, plant and equipment29303134374549
Long-term investments and receivables0 05822
Accounts and financing receivable, after allowance for credit loss0 05822
Intangible assets, net (including goodwill)12131512   
Goodwill4454   
Intangible assets, net (excluding goodwill)88108   
Prepaid expense  00034
Other noncurrent assets  00100
Other undisclosed noncurrent assets52626240173148
Total noncurrent assets:11612213112211980102
TOTAL ASSETS:189187202199206255307
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities62101191014
Accounts payable6244324
Accrued liabilities  676810
Employee-related liabilities      0
Taxes payable  00 00
Deferred revenue  3
Business combination, contingent consideration, liability2      
Deferred revenue and credits200
Deferred tax liabilities   0
Other undisclosed current liabilities89 4  (0)
Total current liabilities:16101315111014
Noncurrent Liabilities
Liabilities, other than long-term debt811108003
Deferred tax liabilities, net0003
Business combination, contingent consideration, liability811108   
Other undisclosed noncurrent liabilities550    
Total noncurrent liabilities:1316108003
Total liabilities:30262322111017
Stockholders' equity
Stockholders' equity attributable to parent160161179177195244290
Common stock0000000
Treasury stock, value(1)      
Additional paid in capital92918986847874
Accumulated other comprehensive loss(17)(17)(16)(16)(14)(16)(13)
Retained earnings8687106106126182228
Total stockholders' equity:160161179177195244290
TOTAL LIABILITIES AND EQUITY:189187202199206255307

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

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Revenues99889676746285
Cost of revenue(71)(64)(64)(65)(94)(81)(96)
Cost of goods and services sold(47)(40)(46) (0)(1)(4)
Other cost of operating revenue(24)(24)(18)    
Gross profit:28233111(21)(19)(11)
Operating expenses(39)(40)(33)(32)(34)(36)(41)
Other undisclosed operating income (loss)(8)(1)2    
Operating income (loss):(20)(18)1(21)(54)(56)(53)
Nonoperating income2111003
Investment income, nonoperating1111100
Foreign currency transaction gain (loss), before tax1000(0)(0)3
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 equity method investments, income taxes:(18)(17)2(20)(54)(55)(50)
Other undisclosed loss from continuing operations before income taxes(0)      
Income (loss) from continuing operations before income taxes:(18)(17)2(20)(54)(55)(50)
Income tax expense (benefit)(1)(3)(2)1(3)917
Net loss available to common stockholders, diluted:(19)(19)(0)(19)(57)(46)(33)

Comprehensive Income ($ in millions)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Net loss:(19)(19)(0)(19)(57)(46)(33)
Comprehensive loss:(19)(19)(0)(19)(57)(46)(33)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)(1)(0)(1)2(3)(10)
Comprehensive loss, net of tax, attributable to parent:(20)(20)(0)(21)(55)(49)(43)

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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