2017 Q1 Form 10-Q Financial Statement

#000138365017000027 Filed on May 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $891.0M $67.00M
YoY Change 1229.85% -0.78%
Cost Of Revenue $513.0M $4.000M
YoY Change 12725.0% 477.2%
Gross Profit $378.0M $63.00M
YoY Change 500.0% -5.74%
Gross Profit Margin 42.42% 94.03%
Selling, General & Admin $25.00M $24.80M
YoY Change 0.81% -1.2%
% of Gross Profit 6.61% 39.37%
Research & Development $66.00K
YoY Change -94.27%
% of Gross Profit 0.1%
Depreciation & Amortization $66.00M $19.00M
YoY Change 247.37% 27.7%
% of Gross Profit 17.46% 30.16%
Operating Expenses $672.0M $77.00M
YoY Change 772.73% -0.46%
Operating Profit $219.0M -$10.00M
YoY Change -2290.0% 1.81%
Interest Expense $130.0M $43.00M
YoY Change 202.33% 0.36%
% of Operating Profit 59.36%
Other Income/Expense, Net -$172.0M -$65.00M
YoY Change 164.62% -61.51%
Pretax Income $47.00M -$74.90M
YoY Change -162.75% -58.09%
Income Tax
% Of Pretax Income
Net Earnings $47.00M -$75.00M
YoY Change -162.67% -58.02%
Net Earnings / Revenue 5.27% -111.94%
Basic Earnings Per Share -$0.08
Diluted Earnings Per Share $139.1K -$0.08
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $10.00M
YoY Change -100.0% -94.15%
Cash & Equivalents $0.00 $10.00M
Short-Term Investments
Other Short-Term Assets $30.00M $17.99M
YoY Change 66.8% -93.51%
Inventory $87.00M $28.54M
Prepaid Expenses
Receivables $245.0M $44.00M
Other Receivables $9.000M $0.00
Total Short-Term Assets $1.127B $502.2M
YoY Change 124.41% -1.99%
LONG-TERM ASSETS
Property, Plant & Equipment $14.64B $12.71B
YoY Change 15.12% 33.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $205.0M $220.6M
YoY Change -7.08% 60.82%
Total Long-Term Assets $15.97B $13.15B
YoY Change 21.42% 12.03%
TOTAL ASSETS
Total Short-Term Assets $1.127B $502.2M
Total Long-Term Assets $15.97B $13.15B
Total Assets $17.09B $13.65B
YoY Change 25.21% 11.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.00M $17.13M
YoY Change 104.31% 104.45%
Accrued Expenses $426.0M $332.3M
YoY Change 28.2% 62.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $1.785B
YoY Change -100.0%
Total Short-Term Liabilities $577.0M $2.252B
YoY Change -74.38% 752.23%
LONG-TERM LIABILITIES
Long-Term Debt $16.02B $10.73B
YoY Change 49.24% -2.35%
Other Long-Term Liabilities $30.00M $172.0K
YoY Change 17341.86% -97.52%
Total Long-Term Liabilities $16.02B $10.73B
YoY Change 49.24% -2.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $577.0M $2.252B
Total Long-Term Liabilities $16.02B $10.73B
Total Liabilities $16.60B $12.99B
YoY Change 27.8% 15.3%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $465.0M $613.0M
YoY Change
Total Liabilities & Shareholders Equity $17.09B $13.65B
YoY Change 25.21% 11.45%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $47.00M -$75.00M
YoY Change -162.67% -58.02%
Depreciation, Depletion And Amortization $66.00M $19.00M
YoY Change 247.37% 27.7%
Cash From Operating Activities $115.0M -$6.000M
YoY Change -2016.67% -88.55%
INVESTING ACTIVITIES
Capital Expenditures $524.0M $715.0M
YoY Change -26.71% 31.89%
Acquisitions
YoY Change
Other Investing Activities $0.00 $34.00M
YoY Change -100.0% 11.45%
Cash From Investing Activities -$524.0M -$749.0M
YoY Change -30.04% 398304.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $415.0M
YoY Change
Cash From Financing Activities $1.560B $747.0M
YoY Change 108.84% -3117.69%
NET CHANGE
Cash From Operating Activities $115.0M -$6.000M
Cash From Investing Activities -$524.0M -$749.0M
Cash From Financing Activities $1.560B $747.0M
Net Change In Cash $1.151B -$8.000M
YoY Change -14487.5% -89.66%
FREE CASH FLOW
Cash From Operating Activities $115.0M -$6.000M
Capital Expenditures $524.0M $715.0M
Free Cash Flow -$409.0M -$721.0M
YoY Change -43.27% 21.27%

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CY2016Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
90000000 USD
CY2017Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
101000000 USD
CY2016Q1 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
2000000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
2314000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14158000000 USD
CY2017Q1 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
1000000 USD
CY2016Q1 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
22000000 USD
CY2017Q1 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
22000000 USD
CY2016Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
415000000 USD
CY2017Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
703000000 USD
CY2016Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
402000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
605000000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
756000000 USD
CY2016Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
14000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
0 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1000000000 USD
CY2016Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
CY2017Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
331000000 USD
CY2016Q1 us-gaap Revenues
Revenues
67000000 USD
CY2017Q1 us-gaap Revenues
Revenues
891000000 USD
CY2016Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
65000000 USD
CY2017Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
67000000 USD
CY2016Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-100000000 USD
CY2017Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
22000000 USD
CY2016Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
57100000 shares
CY2017Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
57100000 shares

Files In Submission

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0001383650-17-000027.txt Edgar Link pending
0001383650-17-000027-xbrl.zip Edgar Link pending
cqp-20170331.xml Edgar Link completed
cqp-20170331.xsd Edgar Link pending
cqp-20170331_cal.xml Edgar Link unprocessable
cqp-20170331_def.xml Edgar Link unprocessable
cqp-20170331_lab.xml Edgar Link unprocessable
cqp-20170331_pre.xml Edgar Link unprocessable
cqp2017form10q1stqtr.htm Edgar Link pending
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exhibit312cqp2017form10q1s.htm Edgar Link pending
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