Sirius XM Holdings Inc. (SIRI) Financial Statements (2023 and Earlier)

Company Profile

Business Address 1290 AVENUE OF THE AMERICAS
NEW YORK, NY 10104
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 4832 - Radio Broadcasting Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments191711065469214112
Cash and cash equivalents191711065469214112
Restricted cash and investments   0   
Receivables722672670233242223235
Inventory, net of allowances, customer advances and progress billings 101122202022
Inventory 101122202022
Other undisclosed current assets267214216168140185193
Total current assets:1,1809671,003478471643562
Noncurrent Assets
Operating lease, right-of-use asset358427466
Property, plant and equipment  1,6261,5131,4631,3991,415
Long-term investments and receivables5265314529609629 
Due from related parties5265314529609629 
Intangible assets, net (including goodwill)6,3376,4627,3104,7914,8094,7504,798
Goodwill3,1513,1223,8432,2902,2872,2052,205
Intangible assets, net (excluding goodwill)3,1863,3403,4672,5012,5232,5452,593
Regulated entity, other noncurrent assets      7
Restricted cash and investments   11  10
Deferred costs   22155 
Deferred income tax assets200111153
Other noncurrent assets223206139137119119145
Other undisclosed noncurrent assets1,4501,629 2604911,0791,109
Total noncurrent assets:9,0949,36610,1467,6957,8587,3617,485
TOTAL ASSETS:10,27410,33311,1498,1738,3298,0048,047
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities17317416012813711592
Interest and dividends payable17317416012813711592
Deferred revenue1,4541,7211,930
Debt 123555
Due to related parties5 44333
Deferred revenue and credits1,8821,8331,772
Contract with customer, liability1,932
Other undisclosed current liabilities1,3481,2711,197735794713625
Total current liabilities:2,9803,1673,2932,8032,8222,6692,496
Noncurrent Liabilities
Long-term debt and lease obligation, including:8,8328,4997,8426,8856,7415,8435,444
Finance lease, liability  1
Operating lease, liability362419456
Other undisclosed long-term debt and lease obligation8,4708,0807,3856,8856,7415,8435,444
Liabilities, other than long-term debt760563306264282284273
Deferred revenue and credits175176158
Deferred revenue97118130
Contract with customer, liability149
Deferred tax liabilities, net  67
Deferred income tax liabilities47826670
Liability for uncertainty in income taxes3530129   
Due to related parties   47811
Other liabilities150149941021009498
Other undisclosed noncurrent liabilities327389444398  
Total noncurrent liabilities:9,9199,4518,5927,1877,0326,1275,717
Total liabilities:12,89912,61811,8859,9909,8538,7968,213
Stockholders' equity
Stockholders' equity attributable to parent(2,625)(2,285)(736)(1,817)(1,524)(792)(166)
Common stock4444555
Treasury stock, value(8)(19)  (17)(23)(24)
Additional paid in capital  3952421,7143,1184,784
Accumulated other comprehensive income (loss)15158(6)18(0)(1)
Accumulated deficit(2,636)(2,285)(1,143)(2,057)(3,243)(3,891)(4,931)
Total stockholders' equity:(2,625)(2,285)(736)(1,817)(1,524)(792)(166)
TOTAL LIABILITIES AND EQUITY:10,27410,33311,1498,1738,3298,0048,047

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues8,6968,0407,7945,7715,4255,0174,570
Revenue, net4,6334,3353,947
Cost of revenue(4,313)(3,969)(3,854)(2,728)(2,561)(2,450)(2,331)
Cost of goods and services sold  (3,383) (148)(123)(107)
Other undisclosed gross profit390434471    
Gross profit:4,7734,5054,4113,0432,8642,5672,239
Operating expenses(2,368)(3,213)(2,293)(1,316)(1,223)(1,135)(1,061)
Other undisclosed operating loss(390)(434)(471)    
Operating income:2,0158581,6471,7271,6411,4321,179
Nonoperating expense(489)(428)(450)(306)(377)(340)(287)
Interest and debt expense(83)(40)(57)(350)(44)(24)(299)
Income from continuing operations before equity method investments, income taxes:1,4433901,1401,0711,2211,067593
Other undisclosed income from continuing operations before income taxes8340573504424299
Income from continuing operations before income taxes:1,5264301,1971,4211,2641,092892
Income tax expense(212)(299)(283)(245)(616)(346)(382)
Net income available to common stockholders, basic:1,3141319141,176648746510
Dilutive securities, effect on basic earnings per share887    
Net income available to common stockholders, diluted:1,3221399211,176648746510

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:1,3141319141,176648746510
Other comprehensive income (loss)  (5)9(11)  
Comprehensive income:1,3141319091,185637746510
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 719(38)300(0)
Comprehensive income, net of tax, attributable to parent:1,3141389281,147666746510

Statements Sources

The financial statements are based on the Company's filings with 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: