TN-K Energy Group Inc (TNKY) financial statements (2020 and earlier)

Company profile

Business Address 649 SPARTA HIGHWAY
CROSSVILLE, TN 38555
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments158514486
Cash and cash equivalents158514486
Receivables181725
Total current assets:175531511
Noncurrent Assets
Property, plant and equipment96122118
Oil and gas property, successful effort method1,6431,8142,042
Other noncurrent assets4242
Prepaid expense and other noncurrent assets42
Other undisclosed noncurrent assets(96)(122)(118)
Total noncurrent assets:1,6851,8562,084
TOTAL ASSETS:1,8602,3872,595
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,4392,8902,934
Accounts payable2,8892,8902,934
Accrued liabilities551  
Due to related parties170 31
Other undisclosed current liabilities 738689
Total current liabilities:3,6093,6283,654
Noncurrent Liabilities
Liabilities, other than long-term debt318317315
Asset retirement obligations333230
Deferred tax liabilities, net285285285
Total noncurrent liabilities:318317315
Total liabilities:3,9283,9453,969
Stockholders' equity
Stockholders' equity attributable to parent(2,068)(1,558)(1,374)
Common stock1,1451,1451,145
Additional paid in capital13,60113,43813,438
Accumulated deficit(16,814)(16,140)(15,956)
Total stockholders' equity:(2,068)(1,558)(1,374)
TOTAL LIABILITIES AND EQUITY:1,8602,3872,595

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

12/31/2014
12/31/2013
12/31/2012
Revenues1965851,884
Revenue, net1124281,287
Financial services revenue  317
Cost of revenue
(Cost of Goods and Services Sold)
(64)(37)(464)
Gross profit:1315471,420
Operating expenses(855)(753)(1,215)
Other undisclosed operating income6437464
Operating income (loss):(659)(169)669
Nonoperating income (expense)(16)(17)743
Other nonoperating income (expense)(14)(15)3,594
Interest and debt expense(14)(15)2,069
Income (loss) from continuing operations before equity method investments, income taxes:(690)(201)3,480
Other undisclosed income from continuing operations before income taxes1617782
Income (loss) from continuing operations before income taxes:(674)(184)4,263
Income tax expense (benefit)258 (285)
Income (loss) before gain (loss) on sale of properties:(416)(184)3,977
Other undisclosed net loss(258)  
Net income (loss) available to common stockholders, diluted:(674)(184)3,977

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):(674)(184)3,977
Comprehensive income (loss), net of tax, attributable to parent:(674)(184)3,977

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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