Rush Enterprises, Inc. (RUSHA) financial statements (2021 and earlier)

Company profile

Business Address 555 IH 35 SOUTH
NEW BRAUNFELS, TX 78130
State of Incorp. TX
Fiscal Year End December 31
SIC 55 - Automotive Dealers And Gasoline Service Stations (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 investments1821321258265191217
Cash and cash equivalents1821321258265191217
Receivables201204196166196209103
Inventory, net of allowances, customer advances and progress billings1,3261,3401,0338401,0611,024802
Inventory1,3261,3401,0338401,0611,024802
Disposal group, including discontinued operation021014 5 
Other undisclosed current assets41012941631
Total current assets:1,7131,6881,3751,1111,3271,4461,153
Noncurrent Assets
Operating lease, right-of-use asset57
Property, plant and equipment1,2801,1841,1601,1361,173923740
Long-term investments and receivables  66777
Long-term investments  66777
Intangible assets, net (including goodwill)292291291290285272215
Goodwill292291291290285265215
Intangible assets, net (excluding goodwill)     7 
Other noncurrent assets66385859615453
Other undisclosed noncurrent assets     (7) 
Total noncurrent assets:1,6951,5131,5151,4921,5251,2491,014
TOTAL ASSETS:3,4073,2012,8902,6032,8522,6942,168
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities24625320418220421769
Accounts payable13412710898120125 
Accrued liabilities1121259684849369
Deferred revenue43
Debt222182162145166160108
Deferred compensation liability      2
Disposal group, including discontinued operation   1 6 
Customer advances and deposits27182245
Contract with customer, liability36
Other undisclosed current liabilities9961,023779647855846751
Total current liabilities:1,5071,4931,1729931,2471,275929
Noncurrent Liabilities
Long-term debt and lease obligation555489532543566475421
Long-term debt, excluding current maturities438439466473497429386
Finance lease, liability69
Capital lease obligations496670694635
Operating lease, liability48
Liabilities, other than long-term debt185152145205194180153
Deferred tax liabilities, net141135197189176148
Deferred income tax liabilities164
Other liabilities2111107545
Total noncurrent liabilities:740641678747760655573
Total liabilities:2,2482,1341,8501,7402,0071,9301,502
Stockholders' equity
Stockholders' equity attributable to parent, including:1,1591,0671,040863845764665
Common stock0000000
Treasury stock, value(304)(246)(121)(87)  (31)
Additional paid in capital397370348309288272243
Accumulated other comprehensive income (loss)0  (0)(0)(0)(1)
Retained earnings1,066942813640600534454
Other undisclosed stockholders' equity attributable to parent    (43)(42) 
Total stockholders' equity:1,1591,0671,040863845764665
TOTAL LIABILITIES AND EQUITY:3,4073,2012,8902,6032,8522,6942,168

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
Revenues5,8105,5064,7144,2154,9804,7273,385
Revenue, net2,9932,6403,3613,3922,381
Cost of revenue(4,784)(4,528)(3,884)(3,497)(4,195)(3,971)(2,813)
Cost of goods and services sold  (2,766)(2,463)(3,139)(2,976)(2,083)
Gross profit:1,026978830718785756572
Operating expenses(809)(775)(681)(637)(664)(616)(480)
Other undisclosed operating income     2 
Operating income:2162031498112114292
Nonoperating income2111000
Investment income, nonoperating2111000
Interest and debt expense(30)(21)(13)(15)(14)(11)(11)
Income from continuing operations before equity method investments, income taxes:1881831366610813181
Other undisclosed income from continuing operations before income taxes2      
Income from continuing operations before income taxes:1901831366610813181
Income tax expense (benefit)(48)(44)36(26)(42)(51)(32)
Net income available to common stockholders, diluted:14213917241668049

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:14213917241668049
Other comprehensive income0 00011
Comprehensive income, net of tax, attributable to parent:14213917241668150

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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