PetIQ, Inc. (PETQ) financial statements (2021 and earlier)

Company profile

Business Address PETIQ LLC
EAGLE, ID 83616
State of Incorp. DE
Fiscal Year End December 31
SIC 5122 - Drugs, Drug Proprietaries, and Druggists' Sundries (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments33276638
Cash and cash equivalents33276638
Receivables103714522
Inventory, net of allowances, customer advances and progress billings98809244
Inventory98809244
Prepaid expense   3
Other current assets8742
Total current assets:242185208109
Noncurrent Assets
Operating lease, right-of-use asset2021
Property, plant and equipment63532715
Intangible assets, net (including goodwill)4443512148
Goodwill2312311255
Intangible assets, net (excluding goodwill)213120893
Restricted cash and investments   0
Deferred income tax assets 60
Other noncurrent assets2332
Deferred tax assets, net446
Total noncurrent assets:52948728832
TOTAL ASSETS:772673495141
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities88656216
Accounts payable68525514
Accrued liabilities9410
Employee-related liabilities11952
Interest and dividends payable1010
Debt5420
Other undisclosed current liabilities85 2
Total current liabilities:101736418
Noncurrent Liabilities
Long-term debt and lease obligation37527111018
Long-term debt, excluding current maturities35625110717
Finance lease, liability33
Capital lease obligations20
Operating lease, liability1617
Liabilities, other than long-term debt1010
Other liabilities1010
Total noncurrent liabilities:37727111018
Total liabilities:47834417436
Stockholders' equity
Stockholders' equity attributable to parent26228325667
Additional paid in capital35630026271
Accumulated other comprehensive loss(1)(1)(1)(1)
Accumulated deficit(93)(16)(4)(3)
Other undisclosed stockholders' equity32456538
Total stockholders' equity:294328321105
TOTAL LIABILITIES AND EQUITY:772673495141

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues780709529267
Revenue, net267
Cost of revenue
(Cost of Goods and Services Sold)
(645)(602)(445)(215)
Gross profit:1351078351
Operating expenses(138)(103)(72)(38)
Other undisclosed operating loss (7)(3) 
Operating income (loss):(3)(3)813
Nonoperating income (expense)0(0)0(2)
Foreign currency transaction gain (loss), before tax0(0)0 
Other nonoperating expense   (2)
Interest and debt expense(26)(14)(8)(0)
Income (loss) from continuing operations before equity method investments, income taxes:(29)(18)(1)12
Other undisclosed income (loss) from continuing operations before income taxes10(0)0
Income (loss) from continuing operations before income taxes:(29)(18)(1)12
Income tax expense (benefit)(52)31(4)
Net income (loss):(81)(14)08
Net income (loss) attributable to noncontrolling interest43(1)(11)
Net loss available to common stockholders, diluted:(77)(11)(1)(3)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(81)(14)08
Other comprehensive income (loss)00(1) 
Other undisclosed comprehensive income   1
Comprehensive income (loss):(81)(14)(1)9
Comprehensive income (loss), net of tax, attributable to noncontrolling interest43(1)(12)
Comprehensive loss, net of tax, attributable to parent:(77)(11)(1)(3)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: