USA Compression Partners, LP (USAC) financial statements (2021 and earlier)

Company profile

Business Address 111 CONGRESS AVENUE
AUSTIN, TX 78701
State of Incorp.
Fiscal Year End December 31
SIC 4922 - Natural Gas Transmission (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
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0000000
Cash and cash equivalents0000000
Receivables1121378241413128
Inventory, net of allowances, customer advances and progress billings8592893330199
Inventory8592893330199
Prepaid expense   3231
Other undisclosed current assets2247    
Total current assets:20023121877735338
Noncurrent Assets
Finance lease, right-of-use asset1 
Operating lease, right-of-use asset2318
Property, plant and equipment 2,4832,5211,2921,2681,3181,163
Long-term investments and receivables  711141720
Accounts and financing receivable, after allowance for credit loss  711141720
Intangible assets, net (including goodwill)3349831,012108111115290
Goodwill 619619363636208
Intangible assets, net (excluding goodwill)33436339372757982
Other noncurrent assets1216175775
Other undisclosed noncurrent assets2,380      
Total noncurrent assets:2,7493,4993,5571,4151,3991,4571,478
TOTAL ASSETS:2,9493,7303,7751,4921,4721,5101,516
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities12314112946404472
Accounts payable14222420132445
Accrued liabilities1101199426272122
Employee-related liabilities  11   6
Deferred revenue4748
Debt  1    
Due to related parties  0    
Deferred revenue and credits27171716
Other undisclosed current liabilities  20   (6)
Total current liabilities:17018915074566182
Noncurrent Liabilities
Long-term debt and lease obligation1,9491,8711,761783685729595
Long-term debt, excluding current maturities1,9271,8521,759783685729595
Finance lease, liability12
Capital lease obligations2    
Operating lease, liability2117
Liabilities, other than long-term debt88     
Deferred revenue88
Other undisclosed noncurrent liabilities648    
Total noncurrent liabilities:1,9631,8831,769783685729595
Total liabilities:2,1342,0731,918857742791677
Temporary equity, carrying amount477477477    
Stockholders' equity
Stockholders' equity attributable to parent14      
Warrants and rights outstanding14      
Other undisclosed stockholders' equity3241,1811,379    
Total stockholders' equity:3381,1811,379    
Other undisclosed liabilities and equity   635731719840
TOTAL LIABILITIES AND EQUITY:2,9493,7303,7751,4921,4721,5101,516

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues668698584280266271222
Revenue, net280266271222
Cost of revenue(206)(227)   (80) 
Cost of goods and services sold(206)(227)     
Gross profit:462471584280266191222
Operating expenses(927)(530)(519)(243)(232)(326)(184)
Other undisclosed operating income 227     
Operating income (loss):(465)168653734(136)38
Nonoperating expense(129)(127)(78)(25)(21)(18)(13)
Interest and debt expense(129)(127)(78)(25)(21)(18)(13)
Other undisclosed income from continuing operations before equity method investments, income taxes     1813
Income (loss) from continuing operations before equity method investments, income taxes:(722)(86)(91)(13)(8)(153)25
Other undisclosed income from continuing operations before income taxes129127782521  
Income (loss) from continuing operations before income taxes:(593)41(13)1213(153)25
Income tax expense (benefit)(1)(2)2(1)(0)(1)(0)
Net income (loss) available to common stockholders, diluted:(595)39(11)1113(154)25

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(595)39(11)1113(154)25
Comprehensive income (loss), net of tax, attributable to parent:(595)39(11)1113(154)25

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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