Greenhill & Co., Inc. (GHL) financial statements (2021 and earlier)
Company profile
| Business Address |
300 PARK AVENUE NEW YORK, NY 10022 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 114 | 156 | 268 | 98 | 70 | 51 | 43 | ||
| Cash and cash equivalents | 114 | 156 | 268 | 98 | 70 | 51 | 43 | ||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2 | ||
| Total current assets: | 114 | 156 | 268 | 98 | 70 | 51 | 44 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 28 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 6 | 7 | 9 | 9 | 10 | 10 | 12 | ||
| Long-term investments and receivables | 11 | 21 | 31 | 28 | 36 | 41 | 46 | ||
| Long-term investments | 1 | 1 | 2 | 4 | 4 | 12 | |||
| Accounts and financing receivable, after allowance for credit loss | 11 | 20 | 29 | 26 | 32 | 37 | 34 | ||
| Intangible assets, net (including goodwill) | 206 | 206 | 218 | 208 | 209 | 131 | 143 | ||
| Goodwill | 206 | 206 | 218 | 208 | 209 | 131 | 143 | ||
| Intangible assets, net (excluding goodwill) | 0 | 0 | |||||||
| Deferred income tax assets | 51 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Total noncurrent assets: | 302 | 234 | 257 | 245 | 255 | 183 | 200 | ||
| Other undisclosed assets | 78 | 95 | 86 | 113 | 99 | 104 | 109 | ||
| TOTAL ASSETS: | 494 | 486 | 611 | 457 | 424 | 338 | 353 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10 | 7 | 5 | 19 | 19 | 10 | 15 | ||
| Taxes payable | 10 | 7 | 5 | 19 | 19 | 10 | 15 | ||
| Debt | 19 | 35 | 22 | 64 | 40 | 36 | 31 | ||
| Total current liabilities: | 28 | 42 | 27 | 83 | 59 | 46 | 46 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 347 | 293 | 328 | ||||||
| Long-term debt, excluding current maturities | 347 | 293 | 328 | ||||||
| Liabilities, other than long-term debt | 12 | ||||||||
| Deferred income tax liabilities | 12 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Total noncurrent liabilities: | 359 | 293 | 328 | ||||||
| Other undisclosed liabilities | 62 | 88 | 47 | 82 | 81 | 36 | 30 | ||
| Total liabilities: | 450 | 423 | 403 | 165 | 140 | 81 | 76 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 45 | 62 | 208 | 291 | 283 | 256 | 277 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (956) | (886) | (691) | (611) | (583) | (571) | (535) | ||
| Additional paid in capital | 887 | 847 | 801 | 735 | 698 | 596 | 535 | ||
| Accumulated other comprehensive loss | (34) | (36) | (22) | (32) | (28) | (18) | (9) | ||
| Retained earnings | 69 | 63 | 38 | 112 | 110 | 141 | 152 | ||
| Other undisclosed stockholders' equity attributable to parent | 78 | 74 | 82 | 88 | 87 | 107 | 134 | ||
| Stockholders' equity attributable to noncontrolling interest | 1 | 1 | 1 | ||||||
| Total stockholders' equity: | 45 | 62 | 208 | 291 | 284 | 256 | 278 | ||
| TOTAL LIABILITIES AND EQUITY: | 494 | 486 | 611 | 457 | 424 | 338 | 353 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Investment banking revenue | 238 | 335 | 260 | 280 | 287 | |||
| Gross profit: | 301 | 352 | 239 | 336 | 262 | 275 | 287 | |
| Operating expenses | (255) | (271) | (232) | (248) | (218) | (208) | (216) | |
| Operating income: | 46 | 81 | 7 | 88 | 43 | 67 | 71 | |
| Nonoperating expense (Investment Income, Nonoperating) | (7) | |||||||
| Interest and debt expense | (27) | (22) | (7) | (3) | (2) | (1) | (1) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3 | 2 | 8 | 1 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 18 | 58 | (0) | 88 | 43 | 67 | 71 | |
| Loss from equity method investments | (0) | (0) | (0) | |||||
| Income (loss) from continuing operations before income taxes: | 18 | 58 | (1) | 88 | 43 | 67 | 71 | |
| Income tax expense | (7) | (19) | (26) | (27) | (18) | (24) | (25) | |
| Income (loss) before gain (loss) on sale of properties: | 11 | 39 | (27) | 61 | 26 | 43 | 47 | |
| Other undisclosed net income | 0 | 0 | 0 | |||||
| Net income (loss) available to common stockholders, diluted: | 11 | 39 | (27) | 61 | 26 | 43 | 47 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 11 | 39 | (27) | 61 | 26 | 43 | 47 | |
| Other undisclosed comprehensive loss | (16) | |||||||
| Comprehensive income (loss): | 11 | 39 | (27) | 61 | 26 | 43 | 31 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2 | (13) | 10 | (4) | (10) | (9) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 13 | 26 | (16) | 57 | 15 | 35 | 31 | |
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.