SEACOR Marine Holdings Inc. (SMHI) financial statements (2020 and earlier)

Company profile

Business Address 12121 WICKCHESTER LANE
HOUSTON, TX 77079
State of Incorp. DE
Fiscal Year End December 31
SIC 4412 - Deep Sea Foreign Transportation of Freight (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8495110
Cash and cash equivalents8495110
Restricted cash and investments  2
Receivables687658
Inventory, net of allowances, customer advances and progress billings134
Inventory134
Other undisclosed current assets643
Total current assets:159179177
Noncurrent Assets
Operating lease, right-of-use asset17
Property, plant and equipment692770690
Long-term investments and receivables12512292
Long-term investments12512292
Restricted cash and investments  45
Other noncurrent assets344
Other undisclosed noncurrent assets1328 
Total noncurrent assets:851924831
TOTAL ASSETS:1,0091,1031,009
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:261924
Accrued liabilities4 20
Employee-related liabilities255
Taxes payable 24
Interest and dividends payable1  
Other undisclosed accounts payable and accrued liabilities1912(5)
Deferred revenue5
Debt151723
Derivative instruments and hedges, liabilities3  
Due to related parties001
Deferred revenue and credits10
Contract with customer, liability1
Other liabilities52012
Other undisclosed current liabilities412629
Total current liabilities:958499
Noncurrent Liabilities
Long-term debt and lease obligation390388292
Long-term debt, excluding current maturities380388292
Operating lease, liability10
Liabilities, other than long-term debt117794
Deferred tax liabilities, net4556
Other liabilities62732
Derivative instruments and hedges, liabilities557
Other undisclosed noncurrent liabilities34  
Total noncurrent liabilities:435464386
Total liabilities:530548485
Stockholders' equity
Stockholders' equity attributable to parent457526508
Common stock000
Treasury stock, value(1)(0) 
Additional paid in capital429415304
Accumulated other comprehensive income (loss)2(17)(12)
Retained earnings27127217
Stockholders' equity attributable to noncontrolling interest212915
Total stockholders' equity:479555523
TOTAL LIABILITIES AND EQUITY:1,0091,1031,009

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

12/31/2019
12/31/2018
12/31/2017
Revenues201254174
Cost of revenue(80)(175)(279)
Cost of goods and services sold (175) 
Other undisclosed gross profit(44)  
Gross profit:7879(105)
Operating expenses(168)(239) 
Other undisclosed operating income (loss)3894(24)
Operating loss:(53)(67)(128)
Nonoperating income (expense)(30)(25)11
Investment income, nonoperating2422
Foreign currency transaction loss, before tax(2)(1)(2)
Interest and debt expense(30)(1)(17)
Other undisclosed income from continuing operations before equity method investments, income taxes30117
Loss from continuing operations before equity method investments, income taxes:(83)(92)(117)
Income (loss) from equity method investments(14)(3)4
Loss from continuing operations before income taxes:(97)(95)(113)
Income tax benefit81374
Loss from continuing operations:(89)(82)(39)
Loss from discontinued operations(9)  
Net loss:(99)(82)(39)
Net income attributable to noncontrolling interest646
Net loss available to common stockholders, diluted:(93)(78)(33)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Net loss:(99)(82)(39)
Other comprehensive income (loss)18(4)(1)
Comprehensive loss:(80)(86)(39)
Comprehensive income, net of tax, attributable to noncontrolling interest655
Comprehensive loss, net of tax, attributable to parent:(75)(82)(34)

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.

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: