Solaris Oilfield Infrastructure, Inc. (SOI) financial statements (2020 and earlier)

Company profile

Business Address 9811 KATY FREEWAY
HOUSTON, TX 77024
State of Incorp. DE
Fiscal Year End December 31
SIC 3533 - Oil and Gas Field Machinery and Equipment (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 investments672563
Cash and cash equivalents672563
Receivables394013
Inventory, net of allowances, customer advances and progress billings7108
Inventory7108
Prepaid expense110
Deposits current assets110
Other current assets210
Other undisclosed current assets133
Total current assets:1188188
Noncurrent Assets
Operating lease, right-of-use asset8
Property, plant and equipment307297151
Intangible assets, net (including goodwill)212223
Goodwill171717
Intangible assets, net (excluding goodwill)455
Deferred income tax assets51
Other noncurrent assets110
Other undisclosed noncurrent assets 5826
Total noncurrent assets:387378200
TOTAL ASSETS:505459287
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities182220
Accounts payable495
Accrued liabilities141315
Debt100
Due to related parties0  
Contract with customer, liability13
Other liabilities01 
Other undisclosed current liabilities1  
Total current liabilities:203521
Noncurrent Liabilities
Long-term debt and lease obligation8130
Long-term debt, excluding current maturities 13 
Finance lease, liability0
Capital lease obligations00
Operating lease, liability8
Liabilities, other than long-term debt, including:6710
Contract with customer, liability12
Due to related parties675625
Other liabilities0  
Other undisclosed liabilities, other than long-term debt (68)(25)
Other undisclosed noncurrent liabilities 6925
Total noncurrent liabilities:758225
Total liabilities:9511846
Stockholders' equity
Stockholders' equity attributable to parent, including:264198125
Treasury stock, value(3)(1)(0)
Additional paid in capital192164122
Retained earnings74364
Other undisclosed stockholders' equity attributable to parent000
Stockholders' equity attributable to noncontrolling interest146142116
Total stockholders' equity:410341242
TOTAL LIABILITIES AND EQUITY:505459287

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

12/31/2019
12/31/2018
12/31/2017
Revenues24219767
Revenue, net67
Cost of revenue(88)(71)(25)
Gross profit:15312642
Operating expenses(46)(27)(17)
Other operating expense, net(1)  
Other undisclosed operating income1  
Operating income:1089925
Interest and debt expense(1)(0)(0)
Income from continuing operations before equity method investments, income taxes:1079925
Other undisclosed income from continuing operations before income taxes  23
Income from continuing operations before income taxes:1079948
Income tax expense(17)(13)(26)
Net income:908622
Net loss attributable to noncontrolling interest(38)(44)(15)
Other undisclosed net loss attributable to parent  (4)
Net income attributable to parent:52424
Undistributed earnings (loss) allocated to participating securities, basic(1)(1)(0)
Net income available to common stockholders, diluted:51413

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Net income:908622
Comprehensive income:908622
Comprehensive loss, net of tax, attributable to noncontrolling interest(38)(44)(15)
Comprehensive income, net of tax, attributable to parent:52427

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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