Newstar Financial Inc (NEWS) financial statements (2021 and earlier)

Company profile

Business Address 500 BOYLSTON STREET
BOSTON, MA 02116
State of Incorp. DE
Fiscal Year End December 31
SIC 6172 - Finance Lessors (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments15436334327
Cash and cash equivalents15436334327
Disposal group, including discontinued operation  201  
Total current assets:154362344327
Noncurrent Assets
Property, plant and equipment01110
Intangible assets, net (including goodwill)1819 
Goodwill1818   
Intangible assets, net (excluding goodwill)11   
Total noncurrent assets:1919110
Other undisclosed assets3,8674,0372,5772,5632,129
TOTAL ASSETS:4,0414,0922,8112,6072,157
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt559757  
Total current liabilities:559757  
Noncurrent Liabilities
Other undisclosed liabilities3,3383,3362,1131,9911,562
Total liabilities:3,3933,4332,1701,9911,562
Stockholders' equity
Stockholders' equity attributable to parent, including:647659641616595
Common stock00000
Treasury stock, value(153)(109)(93)(43)(31)
Additional paid in capital744743719655646
Accumulated other comprehensive income (loss)(4)(6)(0)1(0)
Retained earnings (accumulated deficit)6031143(21)
Other undisclosed stockholders' equity attributable to parent   1 
Total stockholders' equity:647659641616595
TOTAL LIABILITIES AND EQUITY:4,0414,0922,8112,6072,157

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues263222139  
Net investment income251202136  
Cost of revenue
(Financial Services Costs)
(28)(18)(27)(10)(13)
Gross profit:236204112(10)(13)
Operating expenses(67)(52)(46)(49)(46)
Other undisclosed operating income (loss)(120)(123)(50)98 
Operating income (loss):49291739(59)
Nonoperating income  873
Other nonoperating income  874
Interest and debt expense(161)(121)(58)(43)(33)
Other undisclosed income from continuing operations before equity method investments, income taxes 1215137129
Income (loss) from continuing operations before equity method investments, income taxes:(113)29184141
Income (loss) from equity method investments  21(0)
Other undisclosed income from continuing operations before income taxes161    
Income from continuing operations before income taxes:4929204241
Income tax expense(20)(12)(7)(17)(17)
Income before gain (loss) on sale of properties:2817122624
Other undisclosed net income    0
Net income:2817122624
Other undisclosed net loss attributable to parent  (2)(1) 
Net income available to common stockholders, diluted:2817112524

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:2817122624
Comprehensive income:2817122624
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2(6)(2)(0)2
Comprehensive income, net of tax, attributable to parent:3111102526

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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