Life Partners Holdings Inc (LPHI) financial statements (2020 and earlier)

Company profile

Business Address 204 WOODHEW
WACO, TX 76710
State of Incorp. TX
Fiscal Year End February 28
SIC 6311 - Life Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

2/28/2014
2/28/2013
2/29/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,1359,905
Cash and cash equivalents6,1357,576
Short-term investments 2,329
Receivables1779
Prepaid expense224
Prepaid expense and other current assets228
Income taxes receivable 3,457
Deferred tax assets1,9481,445
Other undisclosed current assets1,456626
Total current assets:9,78115,739
Noncurrent Assets
Property, plant and equipment1,9142,121
Long-term investments and receivables8,2109,297
Long-term investments1,166 
Accounts and financing receivable, after allowance for credit loss7,0449,297
Other noncurrent assets838
Prepaid expense and other noncurrent assets835
Deferred tax assets, net2,0801,377
Other undisclosed noncurrent assets6,6486,713
Total noncurrent assets:19,69020,343
TOTAL ASSETS:29,47136,082
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,2631,963
Accounts payable9091,591
Accrued liabilities354371
Deferred revenue and credits638451
Other undisclosed current liabilities9821,943
Total current liabilities:2,8834,358
Noncurrent Liabilities
Liabilities, other than long-term debt3,9492,902
Deferred revenue and credits3,8922,834
Accrued income taxes5768
Total noncurrent liabilities:3,9492,902
Total liabilities:6,8327,260
Stockholders' equity
Stockholders' equity attributable to parent22,63928,822
Common stock188188
Treasury stock, value(385)(385)
Additional paid in capital11,42311,423
Retained earnings11,41317,597
Total stockholders' equity:22,63928,822
TOTAL LIABILITIES AND EQUITY:29,47136,082

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

2/28/2014
2/28/2013
2/29/2012
Revenues15,68618,905
Revenue, net3,9985,730
Cost of revenue
(Financial Services Costs)
(13) 
Gross profit:15,67418,905
Operating expenses(8,825)(8,325)
Other undisclosed operating loss(15,993)(18,798)
Operating loss:(9,144)(8,219)
Nonoperating income5,5484,129
Investment income, nonoperating953,716
Interest and debt expense(0)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes01
Loss from continuing operations before income taxes:(3,596)(4,089)
Income tax benefit1,1421,212
Net loss available to common stockholders, diluted:(2,454)(2,877)

Comprehensive Income ($ in thousands)

2/28/2014
2/28/2013
2/29/2012
Net loss:(2,454)(2,877)
Comprehensive loss, net of tax, attributable to parent:(2,454)(2,877)

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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