Solarcity Corp (SCTY) financial statements (2020 and earlier)

Company profile

Business Address 3055 CLEARVIEW WAY
SAN MATEO, CA 94402
State of Incorp. DE
Fiscal Year End December 31
SIC 17 - Construction Special Trade Contractors (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments291394643577
Cash and cash equivalents291383504577
Short-term investments 11138 
Restricted cash and investments754021 
Receivables67343523
Inventory, net of allowances, customer advances and progress billings173343217111
Inventory173343217111
Costs in excess of billings1   
Deferred tax assets   10
Other undisclosed current assets87918766
Total current assets:6939021,002788
Noncurrent Assets
Property, plant and equipment24526210222
Long-term investments and receivables517488  
Accounts and financing receivable, after allowance for credit loss517488  
Intangible assets, net (including goodwill)462517540278
Goodwill322322316149
Intangible assets, net (excluding goodwill)140195224129
Deferred costs232216  
Other noncurrent assets345241  
Deferred tax assets, net (1)(13)(9)
Other undisclosed noncurrent assets6,6364,6612,9561,731
Total noncurrent assets:8,4386,3853,5842,022
TOTAL ASSETS:9,1317,2874,5862,810
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities382548326174
Accounts payable208365238122
Accrued liabilities961102729
Employee-related liabilities78655022
Taxes payable 8102
Debt819372279
Restructuring reserve1  
Due to related parties550 
Business combination, contingent consideration, liability 4342
Deferred revenue and credits67528660
Customer advances and deposits 611
Other liabilities25   
Other undisclosed current liabilities2211677695
Total current liabilities:1,5191,193567338
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,0921,007290239
Long-term debt, excluding current maturities1,0921,007290230
Other undisclosed long-term debt and lease obligation   9
Liabilities, other than long-term debt83270899581
Deferred revenue and credits19131773553
Deferred tax liabilities, net01139
Due to related parties  1 
Other liabilities63583718
Business combination, contingent consideration, liability 8075
Other undisclosed noncurrent liabilities4,1613,0831,488803
Total noncurrent liabilities:5,3364,3592,6771,622
Total liabilities:6,8565,5533,2441,960
Temporary equity, carrying amount344321187 
Stockholders' equity
Stockholders' equity attributable to parent1,223879746618
Common stock 000
Additional paid in capital1,3011,1951,004820
Accumulated deficit(78)(317)(258)(202)
Stockholders' equity attributable to noncontrolling interest708535  
Other undisclosed stockholders' equity  410187
Total stockholders' equity:1,9311,4141,156804
Other undisclosed liabilities and equity   45
TOTAL LIABILITIES AND EQUITY:9,1317,2874,5862,810

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues730400255164
Revenue, net1931068181
Cost of revenue(479)(281)(176)(92)
Cost of goods and services sold(8)(115)(84)(92)
Other undisclosed gross profit   (33)
Gross profit:2511197939
Operating expenses(902)(767)(414)(189)
Operating loss:(650)(648)(336)(149)
Nonoperating expense
(Other Nonoperating expense)
(14)(26)(11)(1)
Interest and debt expense(1)(1)(3)(26)
Loss from continuing operations before equity method investments, income taxes:(665)(675)(349)(177)
Other undisclosed income (loss) from continuing operations before income taxes(156)(91)(53)0
Loss from continuing operations before income taxes:(821)(765)(402)(177)
Income tax expense (benefit)0(3)2725
Net loss:(820)(769)(375)(152)
Net income attributable to noncontrolling interest1,05971031996
Net income (loss) available to common stockholders, diluted:239(58)(56)(56)

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(820)(769)(375)(152)
Comprehensive loss:(820)(769)(375)(152)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest1,059710319(96)
Comprehensive income (loss), net of tax, attributable to parent:239(58)(56)(248)

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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