Pacific Ethanol, Inc. (PEIX) financial statements (2021 and earlier)

Company profile

Business Address 400 CAPITOL MALL, SUITE 2060
SACRAMENTO, CA 95814
State of Incorp. DE
Fiscal Year End December 31
SIC 286 - Industrial Organic Chemicals (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 investments1927496953625
Cash and cash equivalents1927496953625
Receivables74688192723535
Inventory, net of allowances, customer advances and progress billings61586260611923
Inventory61586260611923
Derivative instruments and hedges, assets2211   
Assets held-for-sale, not part of disposal group17    
Other current assets411746133
Other undisclosed current assets55331061212
Total current assets:23216920323519814079
Noncurrent Assets
Operating lease, right-of-use asset24
Property, plant and equipment333483508465465155155
Intangible assets, net (including goodwill)3333333
Intangible assets, net (excluding goodwill)3333333
Regulated entity, other noncurrent assets2      
Other noncurrent assets46651023
Other undisclosed noncurrent assets14      
Total noncurrent assets:380491517473477160162
TOTAL ASSETS:612660720708675300241
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities52726157411917
Accounts payable29484037311311
Accrued liabilities222322201066
Debt8414721112146
Derivative instruments and hedges, liabilities2624   
Deferred tax liabilities    17 
Other liabilities6762726
Other undisclosed current liabilities17  44(17) 
Total current liabilities:1602329179732528
Noncurrent Liabilities
Long-term debt and lease obligation, including:1818522118920935104
Long-term debt, excluding current maturities181852211882043598
Capital lease obligations001426
Other undisclosed long-term debt and lease obligation     (2) 
Liabilities, other than long-term debt231525232229
Deferred tax liabilities, net   1 (1)
Other liabilities231525222102
Derivative instruments and hedges, liabilities   1028
Other undisclosed noncurrent liabilities219   195
Total noncurrent liabilities:22510924621123156118
Total liabilities:38534133729030482146
Stockholders' equity
Stockholders' equity attributable to parent, including:22030035638837221489
Common stock000  00
Additional paid in capital942932927923903726622
Accumulated other comprehensive loss(2)(2)(2)    
Accumulated deficit(720)(630)(568)(532)(532)(512)(532)
Warrants and rights outstanding     28
Other undisclosed stockholders' equity attributable to parent000(3)1(2)(8)
Stockholders' equity attributable to noncontrolling interest7202730 4 
Other undisclosed stockholders' equity      6
Total stockholders' equity:22731938441837221895
TOTAL LIABILITIES AND EQUITY:612660720708675300241

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
Revenues1,4251,5151,6321,6251,1961,107908
Revenue, net1,6321,6251,1911,107908
Cost of revenue
(Cost of Goods and Services Sold)
(1,435)(1,531)(1,626)(1,573)(1,184)(1,000)(876)
Other undisclosed gross profit    (5)10
Gross profit:(10)(15)652710833
Operating expenses(65)(36)(32)(28)(25)(32)(27)
Other undisclosed operating income     1413
Operating income (loss):(75)(52)(26)24(18)9119
Nonoperating expense
(Investment Income, Nonoperating)
     (1)(2)
Interest and debt expense(27)(17)(13)(22)(13)(12)(19)
Income (loss) from continuing operations before equity method investments, income taxes:(101)(69)(39)1(31)78(2)
Other undisclosed income (loss) from continuing operations before income taxes000(1)2(37)1
Income (loss) from continuing operations before income taxes:(101)(68)(38)1(29)41(1)
Income tax expense (benefit)010110(15) 
Net income (loss):(101)(68)(38)2(19)26(1)
Net income attributable to noncontrolling interest128     
Other undisclosed net income (loss) attributable to parent  3(0)0(5)0
Net income (loss) attributable to parent:(89)(60)(35)1(19)21(1)
Other undisclosed net loss available to common stockholders, basic(1)(1)(1)(1)(1)(1)(1)
Net income (loss) available to common stockholders, diluted:(90)(62)(36)0(20)20(2)

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):(101)(68)(38)2(19)26(1)
Other undisclosed comprehensive income (loss)0(0)0(4)   
Comprehensive income (loss):(101)(68)(38)(2)(19)26(1)
Comprehensive income, net of tax, attributable to noncontrolling interest12830   
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   (0)1  
Comprehensive income (loss), net of tax, attributable to parent:(89)(60)(35)(2)(18)26(1)

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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