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HORNBECK OFFSHORE SERVICES INC /LA

CIK: 1131227 SIC: 4400
$224.44M
Revenue
$-160.40M
Net Income
-
Gross Margin
-57.56%
Op. Margin
$-182.39M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 10 annual reports available (2010 - 2019)
Breakdown TTM
(Mar 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
+ Total Revenue $224.44M $225.66M $212.40M $191.41M $224.30M $476.07M
Revenue Growth % -0.5% 6.2% 11.0% -14.7% -52.9% nan%
Operating Expenses $353.66M $332.82M $299.84M $280.04M $288.57M $376.59M
+ Operating Income $-129.19M $-107.10M $-87.38M $-88.74M $-64.22M $143.54M
Operating Margin % -57.6% -47.5% -41.1% -46.4% -28.6% 30.2%
Interest Expense $84.40M $83.38M $63.57M $51.36M $48.67M $39.50M
Interest Income $4.02M $4.49M $2.23M $2.20M $1.49M $1.52M
Other Income/Expense $10.28M $10.26M $-29.00K $-396.00K $2.05M $1.00M
Income Before Tax $-203.53M $-175.81M $-148.74M $-122.82M $-109.35M $106.58M
Income Tax Expense $-43.13M $-36.99M $-29.62M $-150.24M $-45.51M $39.76M
+ Net Income $-160.40M $-138.81M $-119.12M $27.42M $-63.85M $66.82M
Net Margin % -71.5% -61.5% -56.1% 14.3% -28.5% 14.0%
Basic EPS nan -3.66 -3.18 0.74 -1.76 1.87
Diluted EPS nan -3.66 -3.18 0.73 -1.76 1.84
Basic Shares Outstanding 38.8M 37.9M 37.5M 36.9M 36.2M 35.8M
Diluted Shares Outstanding 38.8M 37.9M 37.5M 37.7M 36.2M 36.3M
Breakdown FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Cash & Cash Equivalents $121.49M $224.94M $186.85M $217.03M $259.80M
Accounts Receivable $67.00M $54.92M $44.70M $36.55M $91.20M
Other Current Assets $20.51M $19.77M $16.89M $16.98M $13.03M
Total Current Assets $209.00M $299.63M $248.44M $270.56M $364.04M
Property Plant & Equipment $2.34B $2.43B $2.50B $2.58B $2.57B
Other Non-current Assets $5.59M $7.66M $6.61M $10.26M $10.45M
Total Assets $2.67B $2.76B $2.77B $2.88B $2.98B
Accounts Payable $30.09M $26.83M $16.20M $11.77M $35.92M
Deferred Revenue - - - - $5.73M
Total Current Liabilities $1.34B $161.24M $48.86M $45.14M $85.55M
Long-term Debt - $1.12B $1.08B $1.08B $1.07B
Deferred Tax Liabilities $132.53M $169.12M $197.47M - -
Other Non-current Liabilities $2.21M $2.72M $3.80M $3.41M $808.00K
Total Liabilities $1.50B $1.46B $1.33B $1.48B $1.54B
Common Stock $381.00K $377.00K $371.00K $365.00K $360.00K
Retained Earnings $408.79M $549.48M $668.60M $637.99M $701.84M
Total Stockholders Equity $1.17B $1.31B $1.44B $1.40B $1.45B
Total Liabilities & Equity $2.67B $2.76B $2.77B $2.88B $2.98B
Breakdown TTM
(Mar 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Net Income $-265.58M $-138.81M $-119.12M $27.42M $-63.85M $66.82M
Stock-based Compensation - $3.59M $3.69M $7.00M $9.98M $10.29M
Deferred Income Tax $-69.19M $-36.13M $-25.04M $-141.53M $-43.05M $34.09M
Change in Receivables $6.85M $15.41M $10.29M $8.53M $-58.32M $-39.74M
Change in Payables $-1.78M $6.54M $4.62M $9.40M $-10.90M $-10.49M
Operating Cash Flow $-182.39M $-87.99M $-42.35M - - -
Capital Expenditure - - $7.92M $1.69M $20.69M $86.79M
Investing Cash Flow $-12.73M $-7.55M $-52.52M - - -
Stock Repurchased - - - - - -
Financing Cash Flow $62.95M $44.33M $133.81M - - -
Net Change in Cash $-133.49M $-51.31M $38.09M $-30.18M $-42.77M $74.68M
SEC Filing Format - Data shown as it appears in the Q1 2020 (10-Q) filing Period ended: Mar 31, 2020
Condensed Consolidated Statements of Operations
Description Mar 31, 2020
Current Prior Year
Total Revenue $52.81M $54.04M
Operating Expenses $101.58M $80.74M
Operating Income $-48.77M $-26.68M
Interest Expense $20.75M $19.73M
Interest Income $646.00K $1.11M
Other Income/Expense $-64.00K $-87.00K
Income Before Tax $-73.18M $-45.45M
Income Tax Expense $-14.97M $-8.83M
Net Income $-58.20M $-36.62M
Basic EPS -1.50 -0.97
Diluted EPS -1.50 -0.97
Basic Shares Outstanding $38.80M $37.79M
Diluted Shares Outstanding $38.80M $37.79M
Condensed Consolidated Balance Sheets
Description Mar 31, 2020 Dec 31, 2019
Cash & Cash Equivalents $58.96M $121.49M
Accounts Receivable $51.21M $67.00M
Other Current Assets $25.99M $20.51M
Total Current Assets $136.16M $209.00M
Property Plant & Equipment $2.30B $2.34B
Other Non-current Assets $7.11M $5.59M
Total Assets $2.52B $2.67B
Accounts Payable $16.37M $30.09M
Total Current Liabilities $1.28B $1.34B
Deferred Tax Liabilities $116.56M $132.53M
Other Non-current Liabilities $1.51M $2.21M
Total Liabilities $1.42B $1.50B
Common Stock $396.00K $381.00K
Retained Earnings $350.58M $408.79M
Total Stockholders Equity $1.10B $1.17B
Total Liabilities & Equity $2.52B $2.67B
Condensed Consolidated Statements of Cash Flows
Description Mar 31, 2020
Current Prior Year
Net Income $-58.20M $-36.62M
Deferred Income Tax $-11.96M $-8.75M
Change in Receivables $-13.93M $4.69M
Change in Payables $-10.40M $4.48M
Operating Cash Flow $-45.74M $-26.14M
Investing Cash Flow $-1.55M $-570.00K
Financing Cash Flow $-51.58M $-23.68M
Net Change in Cash $-100.20M $-50.38M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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