Kratos Defense & Security Solutions, Inc. (KTOS) financial statements (2020 and earlier)

Company profile

Business Address 10680 TREENA STREET
SAN DIEGO, CA 92131
State of Incorp. DE
Fiscal Year End December 31
SIC 376 - Guided Missiles And Space Vehicles And Parts (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 investments17318313069293556
Cash and cash equivalents17318313069293556
Restricted cash and investments 001155
Receivables8565271234211250266
Inventory, net of allowances, customer advances and progress billings, including:61475055566875
Inventory 475157566975
Progress payments netted against inventory for long-term contracts or programs  (1)(2)(1)(1)
Other undisclosed inventory, net of allowances, customer advances and progress billings61     (1)
Prepaid expense9913911910
Contract with customer, asset179173
Disposal group, including discontinued operation38     
Income taxes receivable2
Other current assets11107514917
Total current assets:522495471373320375430
Noncurrent Assets
Operating lease, right-of-use asset42
Property, plant and equipment117676150568385
Intangible assets, net (including goodwill)495442483518520649666
Goodwill456426461485483596596
Intangible assets, net (excluding goodwill)40162233375270
Other noncurrent assets1078873335
Total noncurrent assets:664515553576583764786
TOTAL ASSETS:1,1861,0101,0249499031,1391,217
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities125120131145122135153
Accounts payable54474953484862
Accrued liabilities33384650333446
Employee-related liabilities37343539374645
Interest and dividends payable222446 
Deferred revenue34
Debt10 11111
Provision for loss on contracts  1018435
Disposal group, including discontinued operation3512213
Deferred tax liabilities    3028
Contract with customer, liability35
Other liabilities10597578
Other undisclosed current liabilities  3724394953
Total current liabilities:183165189197172226251
Noncurrent Liabilities
Long-term debt and lease obligation333294294431444622629
Long-term debt, excluding current maturities295294294431444622629
Capital lease obligations     0
Operating lease, liability38
Liabilities, other than long-term debt82322345332626
Accounts payable and accrued liabilities     0 
Deferred tax liabilities, net  171111
Disposal group, including discontinued operation, liabilities36444 0
Other liabilities79261924182526
Other undisclosed noncurrent liabilities  7  4115
Total noncurrent liabilities:414326324476477688670
Total liabilities:597491513672649915921
Temporary equity, carrying amount15      
Stockholders' equity
Stockholders' equity attributable to parent574519512276254224296
Additional paid in capital1,2871,2451,234956873863856
Accumulated other comprehensive loss(0)(1)(1)(2)(1)(2)(1)
Accumulated deficit(712)(725)(721)(678)(618)(637)(559)
Total stockholders' equity:574519512276254224296
TOTAL LIABILITIES AND EQUITY:1,1861,0101,0249499031,1391,217

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
Revenues718618752669657868101
Revenue, net752669657868951
Cost of revenue
(Cost of Goods and Services Sold)
(528)(448)(555)(515)(495)(650)(711)
Other undisclosed gross profit      850
Gross profit:190170197154162218240
Operating expenses(151)(135)(203)(162)(167)(201)(217)
Other undisclosed operating income (loss)(1)(4)(1)(10)139
Operating income (loss):3831(6)(19)(5)2032
Nonoperating expense(22)(22)(45)(34)(40)(93)(64)
Interest and debt expense(3)(22)(29)(35)(36)(94)(64)
Other undisclosed income from continuing operations before equity method investments, income taxes3222935369464
Income (loss) from continuing operations before income taxes:169(51)(52)(45)(73)(32)
Income tax expense (benefit)(5)(5)8(8)11(5) 
Income (loss) from continuing operations:114(43)(60)(33)(78)(32)
Income (loss) from discontinued operations2(8)(0)(0)53 (5)
Net income (loss):13(4)(43)(61)20(78)(37)
Net loss attributable to noncontrolling interest(0)      
Net income (loss) available to common stockholders, diluted:13(4)(43)(61)20(78)(37)

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):13(4)(43)(61)20(78)(37)
Other comprehensive income (loss)010(0)0(1) 
Comprehensive income (loss):13(3)(42)(61)20(79)(37)
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)      
Comprehensive income (loss), net of tax, attributable to parent:13(3)(42)(61)20(79)(37)

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: