$CPK
CHESAPEAKE UTILITIES CORP

2024 Q3 Form 10-Q Financial Statement

#000162828024036214 Filed on August 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $160.1M $166.3M
YoY Change 21.73% 22.63%
Cost Of Revenue $38.20M $39.64M
YoY Change 2.98% 10.75%
Gross Profit $121.9M $126.6M
YoY Change 29.1% 26.89%
Gross Profit Margin 76.14% 76.16%
Selling, General & Admin $744.0K $738.0K
YoY Change -0.8% -5.38%
% of Gross Profit 0.61% 0.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.96M $17.88M
YoY Change -3.71% 3.32%
% of Gross Profit 13.91% 14.12%
Operating Expenses $119.2M $125.5M
YoY Change 7.1% 17.0%
Operating Profit $40.92M $40.79M
YoY Change 102.28% 43.9%
Interest Expense $17.02M $16.81M
YoY Change 140.56% 141.43%
% of Operating Profit 41.6% 41.22%
Other Income/Expense, Net $400.0K $1.110M
YoY Change -655.56% 33.57%
Pretax Income $24.30M $25.09M
YoY Change 85.75% 12.94%
Income Tax $6.789M $6.816M
% Of Pretax Income 27.94% 27.17%
Net Earnings $17.51M $18.27M
YoY Change 86.11% 13.25%
Net Earnings / Revenue 10.93% 10.99%
Basic Earnings Per Share $0.78 $0.82
Diluted Earnings Per Share $0.78 $0.82
COMMON SHARES
Basic Shares Outstanding 22.45B shares 22.27B shares
Diluted Shares Outstanding 22.56M shares 22.34M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.609M $6.430M
YoY Change -10.26% 54.23%
Cash & Equivalents $1.609M $6.430M
Short-Term Investments
Other Short-Term Assets $2.232M $3.236M
YoY Change 21.5% 67.32%
Inventory $32.26M $29.03M
Prepaid Expenses $18.97M $12.55M
Receivables $54.37M $54.17M
Other Receivables $12.56M $9.865M
Total Short-Term Assets $166.5M $156.3M
YoY Change 21.11% 14.26%
LONG-TERM ASSETS
Property, Plant & Equipment $2.658B $2.579B
YoY Change 39.3% 37.84%
Goodwill $507.9M $507.9M
YoY Change 998.94% 998.95%
Intangibles $15.48M $15.91M
YoY Change -6.31% -6.22%
Long-Term Investments $14.16M $13.62M
YoY Change 27.72% 16.48%
Other Assets $82.02M $83.79M
YoY Change -10.95% -12.84%
Total Long-Term Assets $3.301B $3.224B
YoY Change 56.93% 55.94%
TOTAL ASSETS
Total Short-Term Assets $166.5M $156.3M
Total Long-Term Assets $3.301B $3.224B
Total Assets $3.467B $3.381B
YoY Change 54.73% 53.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.14M $69.04M
YoY Change 30.54% 56.3%
Accrued Expenses $52.86M $36.10M
YoY Change 54.31% 18.17%
Deferred Revenue $1.243M $619.0K
YoY Change 2.98% 4.21%
Short-Term Debt $214.8M $207.1M
YoY Change 81.11% 116.18%
Long-Term Debt Due $18.52M $18.59M
YoY Change -7.39% -7.01%
Total Short-Term Liabilities $434.8M $410.2M
YoY Change 50.76% 60.76%
LONG-TERM LIABILITIES
Long-Term Debt $1.173B $1.175B
YoY Change 82.19% 81.92%
Other Long-Term Liabilities $1.478M $1.355M
YoY Change 6.41% -4.04%
Total Long-Term Liabilities $1.174B $1.176B
YoY Change 82.03% 81.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $434.8M $410.2M
Total Long-Term Liabilities $1.174B $1.176B
Total Liabilities $1.609B $1.586B
YoY Change 72.37% 75.81%
SHAREHOLDERS EQUITY
Retained Earnings $528.4M $525.5M
YoY Change 10.87% 9.99%
Common Stock $824.0M $766.6M
YoY Change 110.62% 96.82%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.775M $9.703M
YoY Change 8.77% 7.8%
Treasury Stock Shares
Shareholders Equity $1.348B $1.291B
YoY Change
Total Liabilities & Shareholders Equity $3.467B $3.381B
YoY Change 54.73% 53.36%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $17.51M $18.27M
YoY Change 86.11% 13.25%
Depreciation, Depletion And Amortization $16.96M $17.88M
YoY Change -3.71% 3.32%
Cash From Operating Activities $50.29M $70.10M
YoY Change 46.35% 4.13%
INVESTING ACTIVITIES
Capital Expenditures $101.6M $82.45M
YoY Change 114.31% 72.32%
Acquisitions
YoY Change
Other Investing Activities $1.414M $2.588M
YoY Change 111.99% 71.39%
Cash From Investing Activities -$100.2M -$79.86M
YoY Change 114.35% 72.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 45.10M 15.80M
YoY Change 350.47% -179.52%
NET CHANGE
Cash From Operating Activities 50.29M 70.10M
Cash From Investing Activities -100.2M -79.86M
Cash From Financing Activities 45.10M 15.80M
Net Change In Cash -4.821M 6.041M
YoY Change 102.9% 447.19%
FREE CASH FLOW
Cash From Operating Activities $50.29M $70.10M
Capital Expenditures $101.6M $82.45M
Free Cash Flow -$51.34M -$12.35M
YoY Change 293.23% -163.44%

Facts In Submission

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Files In Submission

Name View Source Status
0001628280-24-036214-index-headers.html Edgar Link pending
0001628280-24-036214-index.html Edgar Link pending
0001628280-24-036214.txt Edgar Link pending
0001628280-24-036214-xbrl.zip Edgar Link pending
cpk-20240630.htm Edgar Link pending
cpk-20240630.xsd Edgar Link pending
cpk6302024ex-101.htm Edgar Link pending
cpk6302024ex-311.htm Edgar Link pending
cpk6302024ex-312.htm Edgar Link pending
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