Target Hospitality Corp. (TH) financial statements (2021 and earlier)

Company profile

Business Address 2170 BUCKTHORNE PLACE
THE WOODLANDS, TX 77380
State of Incorp. DE
Fiscal Year End December 31
SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments770
Cash and cash equivalents770
Receivables2949 
Inventory, net of allowances, customer advances and progress billings11 
Inventory11 
Prepaid expense  0
Other undisclosed current assets64 
Total current assets:44611
Noncurrent Assets
Property, plant and equipment311354 
Intangible assets, net (including goodwill)144159 
Goodwill4141 
Intangible assets, net (excluding goodwill)103118 
Assets held-in-trust  330
Restricted cash and investments 0 
Deferred income tax assets156
Other noncurrent assets55 
Other undisclosed noncurrent assets1416 
Total noncurrent assets:491540330
TOTAL ASSETS:534601331
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:35431
Accounts payable118 
Accrued liabilities2535 
Other undisclosed accounts payable and accrued liabilities  1
Deferred revenue717
Debt4  
Other undisclosed current liabilities 1 
Total current liabilities:46611
Noncurrent Liabilities
Long-term debt and lease obligation, including:375404 
Finance lease, liability0 
Other undisclosed long-term debt and lease obligation374404 
Liabilities, other than long-term debt151211
Deferred revenue129
Deferred compensation liability, classified  11
Asset retirement obligations23 
Other liabilities0  
Other undisclosed noncurrent liabilities 0 
Total noncurrent liabilities:38941611
Total liabilities:43547712
Temporary equity, carrying amount  314
Stockholders' equity
Stockholders' equity attributable to parent, including:991235
Common stock00 
Treasury stock, value(24)(24) 
Additional paid in capital1151121
Accumulated other comprehensive loss(2)(3) 
Retained earnings10384
Other undisclosed stockholders' equity attributable to parent  0
Total stockholders' equity:991235
TOTAL LIABILITIES AND EQUITY:534601331

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

12/31/2020
12/31/2019
12/31/2018
Revenues225321 
Operating lease, lease income53 
Cost of revenue
(Cost of Goods and Services Sold)
(50)  
Other undisclosed gross profit(118)(174) 
Gross profit:57147 
Operating expenses(38)(77)(2)
Other operating income (expense), net1(7) 
Other undisclosed operating loss(16)(15) 
Operating income (loss):448(2)
Nonoperating income
(Investment Income, Nonoperating)
  6
Interest and debt expense(4)(1) 
Income from continuing operations before equity method investments, income taxes:0474
Other undisclosed loss from continuing operations before income taxes(36)(33) 
Income (loss) from continuing operations before income taxes:(36)144
Income tax expense (benefit)8(8) 
Net income (loss) available to common stockholders, diluted:(27)64

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net income (loss):(27)64
Comprehensive income (loss):(27)64
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(0) 
Comprehensive income (loss), net of tax, attributable to parent:(27)64

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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