Spark Energy, Inc. (SPKE) financial statements (2021 and earlier)

Company profile

Business Address 12140 WICKCHESTER LANE
HOUSTON, TX 77079
State of Incorp. DE
Fiscal Year End December 31
SIC 4931 - Electric and Other Services Combined (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5741291944
Cash and cash equivalents5741291944
Restricted cash and investments19   1
Receivables1161531621156265
Inventory, net of allowances, customer advances and progress billings344448
Inventory344448
Prepaid expense  1111
Derivative instruments and hedges, assets0731810
Regulatory current assets2426    
Deposits current assets7987711
Intangible current assets14 191270
Other current assets612201243
Other undisclosed current assets93122191312
Total current assets:236292297198103106
Noncurrent Assets
Property, plant and equipment348544
Intangible assets, net (including goodwill)120147155101251
Goodwill1201201207918 
Intangible assets, net (excluding goodwill) 26352171
Capitalized contract cost, net104
Derivative instruments and hedges0333  
Deferred costs  7643
Deferred income tax assets30
Other noncurrent assets61112930
Deferred tax assets, net  552324
Other undisclosed noncurrent assets182724   
Total noncurrent assets:1871972091786032
TOTAL ASSETS:423489506376162138
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8680111894245
Accounts payable487078523038
Accrued liabilities38103437127
Debt 721732833
Derivative instruments and hedges, liabilities206211112
Regulatory liability3343    
Due to related parties12    
Business combination, contingent consideration, liability 1412  
Deferred tax liabilities   1 
Other liabilities213522
Other undisclosed current liabilities 211421
Total current liabilities:1421421511848593
Noncurrent Liabilities
Long-term debt and lease obligation1231401255210
Long-term debt, excluding current maturities1231401255210
Liabilities, other than long-term debt0011210
Deferred tax liabilities, net  1  
Business combination, contingent consideration, liability  111  
Derivative instruments and hedges, liabilities000010
Other undisclosed noncurrent liabilities02627522221
Total noncurrent liabilities:124166152684421
Total liabilities:266308303252129114
Temporary equity, carrying amount909141   
Stockholders' equity
Stockholders' equity attributable to parent, including:51463630119
Treasury stock, value(2)(2)(2)   
Additional paid in capital52462725139
Accumulated other comprehensive income (loss)(0)0(0)0  
Retained earnings (accumulated deficit)11115(1)(1)
Other undisclosed stockholders' equity attributable to parent000000
Stockholders' equity attributable to noncontrolling interest1644125932215
Total stockholders' equity:67901611243324
TOTAL LIABILITIES AND EQUITY:423489506376162138

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues8141,006798547358323
Revenue, net798547358323
Cost of revenue(615)(845)(552)(345)(267)(271)
Cost of goods and services sold(615)(845)(552)(345)(241)(262)
Gross profit:1991602462029252
Operating expenses(175)(1,010)(143)(118)(62)(56)
Other undisclosed operating income 845    
Operating income (loss):24(4)1028430(4)
Nonoperating income (expense)(3)(9)11(8)(2)(1)
Other nonoperating income1     
Interest and debt expense(9)(9)(11)(9)(2)(2)
Income (loss) from continuing operations before equity method investments, income taxes:13(22)1036726(7)
Other undisclosed income from continuing operations before income taxes9911922
Income (loss) from continuing operations before income taxes:21(12)1147628(5)
Income tax expense (benefit)(7)(2)(38)(10)(2)1
Net income (loss):14(14)766626(4)
Net income (loss) attributable to noncontrolling interest    (22)4
Other undisclosed net income (loss) attributable to parent(6)13(57)(51)  
Net income (loss) attributable to parent:8(1)19144(0)
Preferred stock dividends and other adjustments(8)(8)(3)   
Net income (loss) available to common stockholders, basic:0(9)16144(0)
Dilutive securities, effect on basic earnings per share   (0)(0) 
Net income (loss) available to common stockholders, diluted:0(9)16144(0)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):14(14)766626(4)
Other comprehensive income (loss)(0)0    
Other undisclosed comprehensive income (loss)  (0)0  
Comprehensive income (loss):14(14)766626(4)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(6)13(57)(51)(22)4
Comprehensive income (loss), net of tax, attributable to parent:8(1)19144(0)

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: