Liberty Broadband Corporation (LBRDA) financial statements (2020 and earlier)

Company profile

Business Address 12300 LIBERTY BLVD
ENGLEWOOD, CO 80112
State of Incorp. DE
Fiscal Year End December 31
SIC 4841 - Cable and Other Pay Television Services (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments50838120666454
Cash and cash equivalents50838120665545
Short-term investments    99
Restricted cash and investments   004
Derivative instruments and hedges, assets   49  
Deferred tax assets    11
Other current assets21331211
Other undisclosed current assets   121
Total current assets:52858425867880
Noncurrent Assets
Property, plant and equipment   114
Long-term investments and receivables12,19512,00411,8369,3152,8122,860
Long-term investments12,19512,00411,8369,3152,8122,860
Intangible assets, net (including goodwill)   151840
Goodwill   6627
Intangible assets, net (excluding goodwill)   91213
Other noncurrent assets1090101
Deferred tax assets, net   5520
Other undisclosed noncurrent assets  12   
Total noncurrent assets:12,20412,01411,8489,3332,8872,924
TOTAL ASSETS:12,25612,09811,9329,5913,5663,004
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:64581016
Other undisclosed accounts payable and accrued liabilities64581016
Deferred revenue5
Debt   400  
Derivative instruments and hedges, liabilities     75
Deferred revenue and credits 236
Contract with customer, liability4
Other liabilities   222
Other undisclosed current liabilities105   
Total current liabilities:1281141215100
Noncurrent Liabilities
Liabilities, other than long-term debt1,005971937507238
Deferred revenue and credits 3238
Deferred revenue2
Contract with customer, liability2
Deferred tax liabilities, net966933505  
Deferred income tax liabilities1,000
Other liabilities434   
Other undisclosed noncurrent liabilities571521497199400372
Total noncurrent liabilities:1,5761,4921,434706402410
Total liabilities:1,5881,5001,4451,118418509
Stockholders' equity
Stockholders' equity attributable to parent, including:10,66810,59910,4878,4733,1482,495
Additional paid in capital7,8907,9387,9087,9463,5382,835
Accumulated other comprehensive income888898
Retained earnings (accumulated deficit)2,7682,6512,569518(400)(349)
Other undisclosed stockholders' equity attributable to parent222211
Total stockholders' equity:10,66810,59910,4878,4733,1482,495
TOTAL LIABILITIES AND EQUITY:12,25612,09811,9329,5913,5663,004

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues152213319169
Revenue, net13319169
Cost of revenue(2)(32)(36)(49)(26)(105)
Gross profit:13(10)(23)(18)65(36)
Operating expenses(42)(2)(3)(3)(6)(7)
Operating income (loss):(29)(12)(25)(21)59(43)
Nonoperating income (expense)(77)(39)(13)870(3)(82)
Investment income, nonoperating(78)(39)(13)870(3)(82)
Interest and debt expense(25)(23)(20)(15)(7)(1)
Income (loss) from continuing operations before equity method investments, income taxes:(131)(74)(58)83448(126)
Income (loss) from equity method investments2861662,509642(121)(128)
Other undisclosed income from continuing operations before income taxes    351
Income (loss) from continuing operations before income taxes:155922,4511,476(70)(202)
Income tax expense (benefit)(38)(22)(417)(558)2068
Net income (loss) available to common stockholders, diluted:117702,034917(50)(135)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):117702,034917(50)(135)
Other comprehensive income (loss)0(1)1(1)1 
Other undisclosed comprehensive income     0
Comprehensive income (loss), net of tax, attributable to parent:118692,034916(49)(135)

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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