Royale Energy, Inc. (ROYL) financial statements (2021 and earlier)

Company profile

Business Address 1870 CORDELL COURT, SUITE 210
EL CAJON, CA 92020
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments012
Cash and cash equivalents012
Restricted cash and investments235
Receivables122
Prepaid expense030
Assets held-for-sale, not part of disposal group2  
Other undisclosed current assets00 
Total current assets:598
Noncurrent Assets
Operating lease, right-of-use asset00
Property, plant and equipment356
Long-term investments and receivables 67
Long-term investments 67
Other noncurrent assets111
Total noncurrent assets:31214
TOTAL ASSETS:82122
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:465
Accounts payable233
Accrued liabilities111
Employee-related liabilities000
Other undisclosed accounts payable and accrued liabilities121
Deferred revenue35
Debt000
Asset retirement obligation1  
Due to related parties001
Contract with customer, liability6
Other undisclosed current liabilities113
Total current liabilities:91215
Noncurrent Liabilities
Long-term debt and lease obligation00 
Finance lease, liability00
Operating lease, liability00
Liabilities, other than long-term debt575
Accounts payable and accrued liabilities111
Asset retirement obligations242
Other liabilities222
Total noncurrent liabilities:575
Total liabilities:151920
Temporary equity, carrying amount22  
Stockholders' equity
Stockholders' equity attributable to parent, including:(28)21
Preferred stock 2121
Common stock00 
Additional paid in capital545453
Accumulated deficit(82)(73)(72)
Other undisclosed stockholders' equity attributable to parent  0
Total stockholders' equity:(28)21
TOTAL LIABILITIES AND EQUITY:82122

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

12/31/2020
12/31/2019
12/31/2018
Revenues233
Cost of revenue(3)(4)(5)
Gross profit:(1)(1)(2)
Operating expenses(3)(3)(4)
Other undisclosed operating income233
Operating loss:(3)(1)(3)
Interest and debt expense010
Other undisclosed loss from continuing operations before equity method investments, income taxes(6)(0)(20)
Loss from continuing operations before equity method investments, income taxes:(8)(0)(24)
Loss from equity method investments(6)  
Loss before gain (loss) on sale of properties:(14)(0)(24)
Other undisclosed net income6  
Net loss:(8)(0)(24)
Net loss attributable to noncontrolling interest(6)  
Other undisclosed net income attributable to parent6  
Net loss attributable to parent:(8)(0)(24)
Preferred stock dividends and other adjustments(1)(1)(1)
Net loss available to common stockholders, diluted:(9)(1)(24)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net loss:(8)(0)(24)
Comprehensive loss, net of tax, attributable to parent:(8)(0)(24)

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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