Richfield Oil & Gas Co (ROIL) financial statements (2022 and earlier)

Company profile

Business Address 175 SOUTH MAIN STREET
SALT LAKE CITY, UT 84111
State of Incorp. NV
Fiscal Year End December 31
SIC 1381 - Drilling Oil and Gas Wells (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments60286
Cash and cash equivalents60286
Receivables323388
Deferred tax assets139256
Other undisclosed current assets92135
Total current assets:6141,065
Noncurrent Assets
Property, plant and equipment1548
Deferred tax assets, net7,2355,481
Other undisclosed noncurrent assets14,77315,366
Total noncurrent assets:22,02420,895
TOTAL ASSETS:22,63721,960
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,0501,579
Accounts payable2,0501,579
Debt3,3352,791
Derivative instruments and hedges, liabilities310 
Asset retirement obligation48 
Other undisclosed current liabilities3,1041,433
Total current liabilities:8,8485,803
Noncurrent Liabilities
Long-term debt and lease obligation 1,675
Long-term debt, excluding current maturities 1,675
Liabilities, other than long-term debt394482
Asset retirement obligations394482
Total noncurrent liabilities:3942,157
Total liabilities:9,2427,959
Stockholders' equity
Stockholders' equity attributable to parent13,39614,001
Common stock4033
Additional paid in capital51,36045,148
Accumulated deficit(38,005)(31,179)
Total stockholders' equity:13,39614,001
TOTAL LIABILITIES AND EQUITY:22,63721,960

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

12/31/2013
12/31/2012
Revenues
(Revenue, Net)
1,046953
Gross profit:1,046953
Operating expenses(6,272)(8,161)
Operating loss:(5,225)(7,209)
Nonoperating expense(1,573)(784)
Investment income, nonoperating1300
Interest and debt expense(1,257)(1,105)
Loss from continuing operations before equity method investments, income taxes:(8,055)(9,097)
Other undisclosed income from continuing operations before income taxes1,2571,105
Loss from continuing operations before income taxes:(6,798)(7,993)
Income tax expense(2)(0)
Net loss available to common stockholders, diluted:(6,800)(7,993)

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net loss:(6,800)(7,993)
Comprehensive loss, net of tax, attributable to parent:(6,800)(7,993)

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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