NII Holdings, Inc. (NIHD) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
12110 SUNSET HILLS ROAD RESTON, VA 20190 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4812 - Radiotelephone Communications (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 175 | 211 | 331 | 727 | 2,320 | 1,588 | |||
| Cash and cash equivalents | 142 | 574 | 1,734 | 1,383 | |||||
| Short-term investments | 32 | 154 | 586 | 205 | |||||
| Other undisclosed cash, cash equivalents, and short-term investments | (0) | 211 | 331 | ||||||
| Receivables | 100 | 399 | 523 | 706 | |||||
| Inventory, net of allowances, customer advances and progress billings | 208 | 343 | 350 | ||||||
| Inventory | 208 | 343 | 350 | ||||||
| Prepaid expense | 246 | 329 | 436 | ✕ | |||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 551 | ||
| Other current assets | 74 | 43 | ✕ | ||||||
| Other undisclosed current assets | 2 | (24) | 85 | 141 | |||||
| Total current assets: | 523 | 211 | 331 | 1,713 | 3,748 | 3,335 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 144 | 2,433 | 3,388 | 3,885 | |||||
| Intangible assets, net (including goodwill) | 162 | 822 | 994 | 1,165 | |||||
| Intangible assets, net (excluding goodwill) | 162 | 822 | 994 | 1,165 | |||||
| Other noncurrent assets | 231 | 456 | 523 | ✕ | |||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 471 | ||
| Other undisclosed noncurrent assets | 6 | 27 | 367 | ||||||
| Total noncurrent assets: | 537 | 3,717 | 4,932 | 5,888 | |||||
| TOTAL ASSETS: | 1,060 | 211 | 331 | 5,431 | 8,680 | 9,223 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 338 | 997 | 1,549 | 1,756 | |||||
| Accounts payable | 39 | 280 | 369 | 486 | |||||
| Accrued liabilities | 299 | 563 | 973 | 1,016 | |||||
| Employee-related liabilities | 67 | 93 | 94 | ||||||
| Taxes payable | 87 | 114 | 160 | ||||||
| Debt | 21 | 778 | 97 | 97 | |||||
| Deferred revenue and credits | ✕ | 89 | 128 | 161 | |||||
| Other undisclosed current liabilities | (154) | 513 | (254) | ||||||
| Total current liabilities: | 359 | 1,709 | 2,287 | 1,760 | |||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 633 | 735 | 5,697 | 4,769 | |||||
| Other undisclosed long-term debt and lease obligation | 633 | 735 | 5,697 | 4,769 | |||||
| Liabilities, other than long-term debt | 249 | 358 | 341 | 378 | |||||
| Deferred revenue and credits | ✕ | 58 | 120 | 72 | |||||
| Other liabilities | 249 | 300 | 221 | 305 | |||||
| Total noncurrent liabilities: | 882 | 1,092 | 6,038 | 5,147 | |||||
| Total liabilities: | 1,241 | 2,802 | 8,325 | 6,907 | |||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (102) | (1,965) | 355 | 2,316 | |||||
| Common stock | 0 | 0 | 0 | 0 | |||||
| Additional paid in capital | 2,143 | 1,517 | 1,504 | 1,483 | |||||
| Accumulated other comprehensive loss | (8) | (1,331) | (956) | (623) | |||||
| Retained earnings (accumulated deficit) | (2,237) | (2,151) | (193) | 1,457 | |||||
| Stockholders' equity attributable to noncontrolling interest | (80) | ||||||||
| Total stockholders' equity: | (182) | (1,965) | 355 | 2,316 | |||||
| Other undisclosed liabilities and equity | 4,593 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 1,060 | 5,431 | 8,680 | 9,223 | |||||
Income Statement (P&L) ($ in millions)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 621 | 3,689 | 4,773 | 6,086 | ||||
| Revenue, net | ✕ | 3,689 | 4,773 | 6,086 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (15) | (2,282) | (2,384) | (2,606) | ||||
| Gross profit: | 606 | 1,406 | 2,389 | 3,481 | ||||
| Operating expenses | (663) | (205) | (196) | (4,800) | (5,283) | (6,210) | ||
| Other undisclosed operating income | 15 | 2,282 | 2,384 | 2,606 | ||||
| Operating loss: | (42) | (205) | (196) | (1,111) | (511) | (123) | ||
| Nonoperating expense | (144) | (520) | (653) | (420) | ||||
| Foreign currency transaction loss, before tax | (49) | (130) | (144) | (53) | ||||
| Interest and debt expense | (101) | (449) | (539) | (373) | ||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 101 | 449 | 539 | 373 | ||||
| Loss from continuing operations before income taxes: | (186) | (205) | (196) | (1,632) | (1,163) | (543) | ||
| Income tax expense | (74) | (446) | (222) | |||||
| Loss before gain (loss) on sale of properties: | (186) | (205) | (196) | (1,706) | (1,609) | (765) | ||
| Other undisclosed net loss | (8) | |||||||
| Net loss: | (195) | (205) | (196) | (1,706) | (1,609) | (765) | ||
| Net income (loss) attributable to noncontrolling interest | 52 | (50) | ||||||
| Other undisclosed net loss attributable to parent | (252) | (40) | ||||||
| Net loss available to common stockholders, diluted: | (143) | (255) | (196) | (1,958) | (1,650) | (765) | ||
Comprehensive Income ($ in millions)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (195) | (205) | (196) | (1,706) | (1,609) | (765) | ||
| Other undisclosed comprehensive income | 233 | |||||||
| Comprehensive income (loss): | 39 | (205) | (196) | (1,706) | (1,609) | (765) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 52 | (50) | ||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (195) | (627) | (373) | (99) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (104) | (255) | (196) | (2,333) | (1,982) | (865) | ||
Statements Sources
The financial statements are based on the Company's filings with 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.