SJW Group (SJW) financial statements (2021 and earlier)
Company profile
| Business Address |
110 W. TAYLOR STREET SAN JOSE, CA 95110 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 4941 - Water Supply (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 investments | 13 | 421 | 8 | 6 | 5 | 2 | 2 | ||
| Cash and cash equivalents | 13 | 421 | 8 | 6 | 5 | 2 | 2 | ||
| Restricted cash and investments | 5 | ||||||||
| Receivables | 79 | 48 | 46 | 44 | 36 | 36 | 32 | ||
| Inventory, net of allowances, customer advances and progress billings | 1 | ✕ | |||||||
| Inventory | 1 | ||||||||
| Prepaid expense | 2 | 2 | |||||||
| Regulatory current assets | 6 | 27 | 16 | 17 | 17 | ||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2 | ||
| Other current assets | 10 | 5 | 5 | 4 | 5 | ||||
| Other undisclosed current assets | 9 | 2 | 8 | 29 | 11 | 9 | 2 | ||
| Total current assets: | 122 | 503 | 67 | 100 | 73 | 68 | 40 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 62 | 68 | |||||||
| Long-term investments and receivables | 5 | 3 | 6 | 6 | 9 | ||||
| Long-term investments | 5 | 3 | 6 | 6 | 9 | ||||
| Intangible assets, net (including goodwill) | 628 | 14 | 13 | ||||||
| Goodwill | 628 | ||||||||
| Intangible assets, net (excluding goodwill) | 14 | 13 | |||||||
| Regulated entity, other noncurrent assets | 114 | 77 | 100 | 136 | 152 | 158 | |||
| Deferred costs | 5 | ||||||||
| Other noncurrent assets | 5 | 4 | 3 | 8 | 7 | 6 | 6 | ||
| Other undisclosed noncurrent assets | 13 | (71) | 8 | ||||||
| Total noncurrent assets: | 760 | 81 | 107 | 147 | 169 | 176 | 104 | ||
| Other undisclosed assets | 2,251 | 1,373 | 1,284 | 1,197 | 1,098 | 1,025 | 967 | ||
| TOTAL ASSETS: | 3,132 | 1,956 | 1,458 | 1,443 | 1,341 | 1,269 | 1,110 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 62 | 41 | 38 | 31 | 28 | 19 | 17 | ||
| Accounts payable | 35 | 25 | 23 | 19 | 16 | 7 | 13 | ||
| Employee-related liabilities | 12 | 7 | 6 | 5 | 4 | 4 | 3 | ||
| Taxes payable | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| Interest and dividends payable | 13 | 7 | 7 | 6 | 6 | 6 | |||
| Debt | 22 | 100 | 25 | 0 | 3 | 1 | 1 | ||
| Other liabilities | 16 | 9 | 8 | 7 | 6 | 6 | 6 | ||
| Other undisclosed current liabilities | 134 | 14 | 14 | 25 | 42 | 19 | 36 | ||
| Total current liabilities: | 235 | 164 | 85 | 64 | 80 | 45 | 59 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,284 | 431 | 431 | 433 | 381 | 384 | 335 | ||
| Long-term debt, excluding current maturities | 1,284 | 431 | 431 | 433 | 381 | 384 | 335 | ||
| Liabilities, other than long-term debt | 130 | 223 | 318 | 373 | 356 | 340 | 261 | ||
| Customer advances or deposits | ✕ | ✕ | 84 | 85 | 77 | 73 | 70 | ||
| Deferred revenue and credits | ✕ | ✕ | 1 | 1 | |||||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 43 | ||
| Deferred tax liabilities, net | ✕ | 80 | 86 | 205 | 199 | 186 | 141 | ||
| Liability, pension and other postretirement and postemployment benefits | 108 | 70 | 73 | 70 | 70 | 74 | ✕ | ||
| Regulatory liability | 59 | 62 | |||||||
| Other liabilities | 22 | 14 | 13 | 13 | 10 | 6 | 5 | ||
| Total noncurrent liabilities: | 1,414 | 654 | 749 | 807 | 736 | 725 | 596 | ||
| Total liabilities: | 1,649 | 818 | 834 | 870 | 816 | 769 | 655 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 890 | 889 | 463 | 422 | 384 | 360 | 321 | ||
| Common stock | 0 | 0 | 0 | 0 | 11 | 11 | 11 | ||
| Additional paid in capital | 507 | 495 | 85 | 82 | 69 | 66 | 63 | ||
| Accumulated other comprehensive income | 0 | 2 | 2 | 2 | 3 | 3 | |||
| Retained earnings | 383 | 394 | 376 | 338 | 302 | 281 | 244 | ||
| Total stockholders' equity: | 890 | 889 | 463 | 422 | 384 | 360 | 321 | ||
| Other undisclosed liabilities and equity | 594 | 249 | 161 | 152 | 141 | 140 | 133 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,132 | 1,956 | 1,458 | 1,443 | 1,341 | 1,269 | 1,110 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 420 | 398 | 2 | |||||
| Financial services revenue | ✕ | ✕ | 2 | |||||
| Cost of revenue (Cost of Goods and Services Sold) | (176) | (169) | (157) | (124) | (111) | (170) | (184) | |
| Gross profit: | 245 | 229 | (157) | (122) | (111) | (170) | (184) | |
| Operating expenses | (82) | (68) | (55) | (48) | (47) | (41) | (44) | |
| Other undisclosed operating income (loss) | (105) | (88) | 310 | 264 | 238 | 304 | 282 | |
| Operating income: | 57 | 73 | 98 | 93 | 80 | 93 | 53 | |
| Nonoperating income (expense) | (1) | 0 | 14 | 1 | 1 | 2 | 2 | |
| Investment income, nonoperating | (0) | 0 | 13 | 0 | 0 | 0 | 0 | |
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | (3) | (2) | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Other nonoperating income | 2 | 2 | 2 | 1 | 1 | 2 | 2 | |
| Interest and debt expense | (32) | (24) | (23) | (22) | (22) | (21) | (20) | |
| Income from continuing operations before equity method investments, income taxes: | 25 | 49 | 90 | 73 | 59 | 74 | 35 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 7 | (0) | 7 | 14 | 2 | 3 | 1 | |
| Income from continuing operations before income taxes: | 32 | 49 | 96 | 86 | 61 | 77 | 37 | |
| Income tax expense | (8) | (10) | (35) | (34) | (23) | (25) | (14) | |
| Net income: | 24 | 39 | 61 | 53 | 38 | 52 | 22 | |
| Net loss attributable to noncontrolling interest | (0) | (2) | ||||||
| Net income available to common stockholders, diluted: | 23 | 39 | 59 | 53 | 38 | 52 | 22 | |
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: | 24 | 39 | 61 | 53 | 38 | 52 | 22 | |
| Comprehensive income: | 24 | 39 | 61 | 53 | 38 | 52 | 22 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (0) | (2) | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | 1 | (1) | (0) | (1) | 1 | ||
| Comprehensive income, net of tax, attributable to parent: | 24 | 39 | 60 | 52 | 38 | 51 | 23 | |
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.