J.G. WENTWORTH CO (JGWE) financial statements (2021 and earlier)
Company profile
| Business Address |
201 KING OF PRUSSIA ROAD RADNOR, PA 19087-5148 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6199 - Finance Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 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 | 36 | 80 | 57 | 42 | 39 | ||
| Cash and cash equivalents | 36 | 80 | 57 | 42 | 39 | ||
| Total current assets: | 36 | 80 | 57 | 42 | 39 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 3 | 4 | 6 | 4 | 3 | ||
| Intangible assets, net (including goodwill) | 21 | 31 | 39 | 130 | 133 | ||
| Goodwill | 8 | 8 | 85 | 85 | |||
| Intangible assets, net (excluding goodwill) | 21 | 23 | 30 | 45 | 48 | ||
| Regulated entity, other noncurrent assets | 9 | 13 | 24 | 30 | 37 | ||
| Total noncurrent assets: | 33 | 49 | 68 | 164 | 173 | ||
| Other undisclosed assets | 4,983 | 4,864 | 4,949 | 4,977 | 4,260 | ||
| TOTAL ASSETS: | 5,051 | 4,993 | 5,075 | 5,183 | 4,472 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 5,302 | 5,033 | 5,019 | 4,929 | 4,299 | ||
| Total liabilities: | 5,302 | 5,033 | 5,019 | 4,929 | 4,299 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | (205) | (14) | 32 | 119 | 65 | ||
| Treasury stock, value | (2) | (2) | (2) | (2) | |||
| Additional paid in capital | 106 | 106 | 105 | 95 | 70 | ||
| Accumulated other comprehensive income | 1 | ||||||
| Retained earnings (accumulated deficit) | (309) | (118) | (71) | 26 | (6) | ||
| Stockholders' equity attributable to noncontrolling interest | (45) | (26) | 24 | 135 | 108 | ||
| Total stockholders' equity: | (250) | (40) | 56 | 254 | 173 | ||
| TOTAL LIABILITIES AND EQUITY: | 5,051 | 4,993 | 5,075 | 5,183 | 4,472 | ||
Income statement (P&L) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|
| Revenues | 429 | 325 | 296 | 681 | 460 | |
| Net investment income | 187 | |||||
| Financial services revenue | 429 | 325 | 296 | 494 | 460 | |
| Cost of revenue | (621) | (433) | (297) | (282) | (286) | |
| Financial services costs | (5) | (6) | (214) | (206) | (193) | |
| Gross profit: | (193) | (108) | (1) | 399 | 173 | |
| Operating expenses | (8) | (5) | (214) | (94) | (109) | |
| Operating income (loss): | (201) | (113) | (215) | 305 | 64 | |
| Interest and debt expense | (6) | (5) | (8) | (8) | 14 | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 6 | 5 | 8 | (179) | (14) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (201) | (113) | (215) | 118 | 64 | |
| Other undisclosed income from continuing operations before income taxes | 0 | |||||
| Income (loss) from continuing operations before income taxes: | (201) | (113) | (215) | 118 | 64 | |
| Income tax expense (benefit) | (10) | 15 | 18 | (21) | (3) | |
| Net income (loss): | (211) | (98) | (197) | 97 | 62 | |
| Net income (loss) attributable to noncontrolling interest | 19 | 51 | 102 | (65) | (67) | |
| Net income (loss) available to common stockholders, diluted: | (191) | (47) | (95) | 31 | (6) | |
Comprehensive Income ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (211) | (98) | (197) | 97 | 62 | |
| Other comprehensive income (loss) | (2) | 2 | ||||
| Comprehensive income (loss): | (211) | (98) | (197) | 95 | 64 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 19 | 51 | 102 | (64) | 69 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (139) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (191) | (47) | (95) | 31 | (6) | |
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.