RCS Capital Corp (RCAP) financial statements (2020 and earlier)
Company profile
| Business Address |
405 PARK AVENUE NEW YORK, NY 10022 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 210 | 46 | ||
| Cash and cash equivalents | 199 | 46 | ||
| Short-term investments | 10 | |||
| Total current assets: | 210 | 46 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 25 | 0 | ||
| Intangible assets, net (including goodwill) | 1,763 | ✕ | ||
| Goodwill | 519 | |||
| Intangible assets, net (excluding goodwill) | 1,244 | |||
| Deferred costs | 83 | |||
| Total noncurrent assets: | 1,871 | 0 | ||
| Other undisclosed assets | 386 | 65 | ||
| TOTAL ASSETS: | 2,467 | 111 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Debt | 44 | |||
| Due to related parties | 17 | |||
| Total current liabilities: | 44 | 17 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 761 | |||
| Long-term debt, excluding current maturities | 761 | |||
| Total noncurrent liabilities: | 761 | |||
| Other undisclosed liabilities | 827 | 15 | ||
| Total liabilities: | 1,631 | 32 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | 543 | 45 | ||
| Additional paid in capital | 723 | 43 | ||
| Accumulated other comprehensive loss | (0) | (0) | ||
| Retained earnings (accumulated deficit) | (180) | 1 | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | ||
| Stockholders' equity attributable to noncontrolling interest | 34 | 35 | ||
| Total stockholders' equity: | 577 | 80 | ||
| Other undisclosed liabilities and equity | 258 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,467 | 111 | ||
Income statement (P&L) ($ in millions)
| 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|
| Revenues | 2,102 | 886 | |
| Financial services revenue | 708 | ||
| Cost of revenue | (725) | (649) | |
| Gross profit: | 1,377 | 238 | |
| Operating expenses | (1,543) | (137) | |
| Operating income (loss): | (166) | 101 | |
| Nonoperating expense (Investment Income, Nonoperating) | (1) | ||
| Interest and debt expense | (49) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 50 | ||
| Income (loss) from continuing operations before income taxes: | (166) | 101 | |
| Income tax expense (benefit) | 46 | (2) | |
| Net income (loss): | (120) | 98 | |
| Net loss attributable to noncontrolling interest | (9) | (96) | |
| Other undisclosed net loss attributable to parent | (147) | ||
| Net income (loss) attributable to parent: | (276) | 3 | |
| Preferred stock dividends and other adjustments | (147) | ||
| Net income (loss) available to common stockholders, diluted: | (423) | 3 | |
Comprehensive Income ($ in millions)
| 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|
| Net income (loss): | (120) | 98 | |
| Other comprehensive income (loss) | 0 | (0) | |
| Comprehensive income (loss): | (119) | 98 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (9) | 95 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (147) | (191) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (276) | 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.