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10-Q Filing

CONSOLIDATED WATER CO. LTD. CIK: 928340 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001144204-15-029326
Period End Date 20150331
Filing Date 20150511
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance cwco-20150331.xml
Filing Contents
Balance Sheet 78 line items
Line Item Tag Value Unit Period
Redeemable preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.60 USD Point-in-time
Redeemable preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.60 USD Point-in-time
Redeemable preferred stock, authorized PreferredStockSharesAuthorized 200,000.00 shares Point-in-time
Redeemable preferred stock, authorized PreferredStockSharesAuthorized 200,000.00 shares Point-in-time
Redeemable preferred stock, issued PreferredStockSharesIssued 36,840.00 shares Point-in-time
Redeemable preferred stock, issued PreferredStockSharesIssued 36,840.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $33.63M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $35.71M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $25.69M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $36.75M USD Point-in-time
Certificate of deposit CertificatesOfDepositAtCarryingValue $5.00M USD Point-in-time
Redeemable preferred stock, outstanding PreferredStockSharesOutstanding 36,840.00 shares Point-in-time
Certificate of deposit CertificatesOfDepositAtCarryingValue $5.00M USD Point-in-time
Redeemable preferred stock, outstanding PreferredStockSharesOutstanding 36,840.00 shares Point-in-time
Restricted cash RestrictedCashAndInvestmentsCurrent $456.08K USD Point-in-time
Restricted cash RestrictedCashAndInvestmentsCurrent $442.95K USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $12.54M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $11.77M USD Point-in-time
Inventory InventoryNet $1.74M USD Point-in-time
Inventory InventoryNet $1.79M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $1.53M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $1.96M USD Point-in-time
Current portion of loans receivable NotesAndLoansReceivableNetCurrent $1.73M USD Point-in-time
Current portion of loans receivable NotesAndLoansReceivableNetCurrent $1.75M USD Point-in-time
Costs and estimated earnings in excess of billings - construction project CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear $869.54K USD Point-in-time
Costs and estimated earnings in excess of billings - construction project CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear $1.09M USD Point-in-time
Total current assets AssetsCurrent $59.46M USD Point-in-time
Total current assets AssetsCurrent $60.68M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $55.06M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $56.40M USD Point-in-time
Construction in progress ConstructionInProgressGross $2.20M USD Point-in-time
Construction in progress ConstructionInProgressGross $1.90M USD Point-in-time
Inventory, non-current InventoryNoncurrent $4.24M USD Point-in-time
Inventory, non-current InventoryNoncurrent $4.43M USD Point-in-time
Loans receivable NotesAndLoansReceivableNetNoncurrent $5.61M USD Point-in-time
Loans receivable NotesAndLoansReceivableNetNoncurrent $5.16M USD Point-in-time
Investment in OC-BVI EquityMethodInvestments $5.21M USD Point-in-time
Investment in OC-BVI EquityMethodInvestments $5.00M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $927.90K USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $888.88K USD Point-in-time
Goodwill Goodwill $3.50M USD Point-in-time
Goodwill Goodwill $3.50M USD Point-in-time
Investment in land LongTermInvestments $20.56M USD Point-in-time
Investment in land LongTermInvestments $20.56M USD Point-in-time
Other assets OtherAssetsNoncurrent $2.55M USD Point-in-time
Other assets OtherAssetsNoncurrent $2.66M USD Point-in-time
Total assets Assets $160.46M USD Point-in-time
Total assets Assets $160.03M USD Point-in-time
Accounts payable and other current liabilities AccountsPayableOtherCurrent $5.96M USD Point-in-time
Accounts payable and other current liabilities AccountsPayableOtherCurrent $4.91M USD Point-in-time
Dividends payable DividendsPayableCurrent $1.19M USD Point-in-time
Dividends payable DividendsPayableCurrent $1.19M USD Point-in-time
Demand loan payable LoansPayableCurrent $9.00M USD Point-in-time
Demand loan payable LoansPayableCurrent $8.50M USD Point-in-time
Total current liabilities LiabilitiesCurrent $16.15M USD Point-in-time
Total current liabilities LiabilitiesCurrent $14.61M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $224.83K USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $224.83K USD Point-in-time
Total liabilities Liabilities $16.38M USD Point-in-time
Total liabilities Liabilities $14.83M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable preferred stock, $0.60 par value. Authorized 200,000 shares; issued and outstanding 36,840 and 36,840 shares, respectively PreferredStockValue $22.10K USD Point-in-time
Redeemable preferred stock, $0.60 par value. Authorized 200,000 shares; issued and outstanding 36,840 and 36,840 shares, respectively PreferredStockValue $22.10K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $83.78M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $83.99M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $49.81M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $49.00M USD Point-in-time
Cumulative translation adjustment AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax $-516.16K USD Point-in-time
Cumulative translation adjustment AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax $-482.39K USD Point-in-time
Total Consolidated Water Co. Ltd. stockholders' equity StockholdersEquity $141.15M USD Point-in-time
Total Consolidated Water Co. Ltd. stockholders' equity StockholdersEquity $142.16M USD Point-in-time
Non-controlling interests MinorityInterest $3.05M USD Point-in-time
Non-controlling interests MinorityInterest $2.93M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $144.08M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $145.20M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $160.46M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $160.03M USD Point-in-time
Income Statement 52 line items
Line Item Tag Value Unit Period
Retail water revenues RetailWaterRevenue $6.14M USD 1 Quarter
Retail water revenues RetailWaterRevenue $6.11M USD 1 Quarter
Bulk water revenues BulkWaterRevenue $8.38M USD 1 Quarter
Bulk water revenues BulkWaterRevenue $9.96M USD 1 Quarter
Services revenues SalesRevenueServicesNet $148.16K USD 1 Quarter
Services revenues SalesRevenueServicesNet $275.91K USD 1 Quarter
Total revenues Revenues $14.67M USD 1 Quarter
Total revenues Revenues $16.35M USD 1 Quarter
Cost of retail revenues CostOfRetailWater $2.93M USD 1 Quarter
Cost of retail revenues CostOfRetailWater $2.88M USD 1 Quarter
Cost of bulk revenues CostOfBulkWater $5.45M USD 1 Quarter
Cost of bulk revenues CostOfBulkWater $7.11M USD 1 Quarter
Cost of services revenues CostOfServices $284.89K USD 1 Quarter
Cost of services revenues CostOfServices $335.26K USD 1 Quarter
Total cost of revenues CostOfRevenue $8.61M USD 1 Quarter
Total cost of revenues CostOfRevenue $10.38M USD 1 Quarter
Gross profit GrossProfit $6.05M USD 1 Quarter
Gross profit GrossProfit $5.97M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $3.80M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $5.34M USD 1 Quarter
Income from operations OperatingIncomeLoss $2.26M USD 1 Quarter
Income from operations OperatingIncomeLoss $627.79K USD 1 Quarter
Interest income InterestIncomeOther $233.58K USD 1 Quarter
Interest income InterestIncomeOther $172.93K USD 1 Quarter
Interest expense InterestExpense $295.74K USD 1 Quarter
Interest expense InterestExpense $69.53K USD 1 Quarter
Profit sharing income from OC-BVI ProfitLossFromSubsidiaries $26.32K USD 1 Quarter
Profit sharing income from OC-BVI ProfitLossFromSubsidiaries $20.25K USD 1 Quarter
Equity in earnings of OC-BVI IncomeLossFromEquityMethodInvestments $54.49K USD 1 Quarter
Equity in earnings of OC-BVI IncomeLossFromEquityMethodInvestments $75.16K USD 1 Quarter
Impairment of investment in OC-BVI EquityMethodInvestmentOtherThanTemporaryImpairment - USD 1 Quarter
Impairment of investment in OC-BVI EquityMethodInvestmentOtherThanTemporaryImpairment $310.00K USD 1 Quarter
Other OtherNonoperatingIncomeExpense $198.30K USD 1 Quarter
Other OtherNonoperatingIncomeExpense $-175.09K USD 1 Quarter
Other income (expense), net NonoperatingIncomeExpense $-219.56K USD 1 Quarter
Other income (expense), net NonoperatingIncomeExpense $150.23K USD 1 Quarter
Net income ProfitLoss $2.04M USD 1 Quarter
Net income ProfitLoss $778.02K USD 1 Quarter
Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $114.52K USD 1 Quarter
Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $123.11K USD 1 Quarter
Net income attributable to Consolidated Water Co. Ltd. stockholders NetIncomeLoss $654.91K USD 1 Quarter
Net income attributable to Consolidated Water Co. Ltd. stockholders NetIncomeLoss $1.92M USD 1 Quarter
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollars per share) EarningsPerShareBasic $0.13 USD 1 Quarter
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollars per share) EarningsPerShareBasic $0.04 USD 1 Quarter
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollars per share) EarningsPerShareDiluted $0.13 USD 1 Quarter
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollars per share) EarningsPerShareDiluted $0.04 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.07 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.07 USD 1 Quarter
Basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 14.69M shares 1 Quarter
Basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 14.72M shares 1 Quarter
Diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 14.77M shares 1 Quarter
Diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 14.76M shares 1 Quarter
Cash Flow Statement 46 line items
Line Item Tag Value Unit Period
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-2.13M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.48M USD 1 Quarter
Additions to property, plant and equipment and construction in progress PaymentsToAcquirePropertyPlantAndEquipment $661.66K USD 1 Quarter
Additions to property, plant and equipment and construction in progress PaymentsToAcquirePropertyPlantAndEquipment $520.76K USD 1 Quarter
Proceeds from sale of equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Proceeds from sale of equipment ProceedsFromSaleOfPropertyPlantAndEquipment $600.00 USD 1 Quarter
Distribution of earnings from OC-BVI EquityMethodInvestmentDividendsOrDistributions - USD 1 Quarter
Distribution of earnings from OC-BVI EquityMethodInvestmentDividendsOrDistributions $727.20K USD 1 Quarter
Collections on loans receivable ProceedsFromCollectionOfLoansReceivable $421.15K USD 1 Quarter
Collections on loans receivable ProceedsFromCollectionOfLoansReceivable $467.82K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-99.01K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $533.35K USD 1 Quarter
Dividends paid PaymentsOfDividends $1.11M USD 1 Quarter
Dividends paid PaymentsOfDividends $1.10M USD 1 Quarter
Proceeds received from exercise of stock options ProceedsFromStockOptionsExercised $145.15K USD 1 Quarter
Proceeds received from exercise of stock options ProceedsFromStockOptionsExercised - USD 1 Quarter
Principal repayments of long term debt RepaymentsOfLongTermDebt - USD 1 Quarter
Principal repayments of long term debt RepaymentsOfLongTermDebt $5.30M USD 1 Quarter
Repayment of demand loan payable RepaymentsOfOtherShortTermDebt - USD 1 Quarter
Repayment of demand loan payable RepaymentsOfOtherShortTermDebt $500.00K USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-1.46M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-6.40M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $64.10K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $121.31K USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-7.93M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $1.04M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $33.63M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $35.71M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $25.69M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $36.75M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $33.63M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $35.71M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $25.69M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $36.75M USD Point-in-time
Interest paid in cash InterestPaid $110.33K USD 1 Quarter
Interest paid in cash InterestPaid $39.96K USD 1 Quarter
Dividends declared but not paid Dividends $1.11M USD 1 Quarter
Dividends declared but not paid Dividends $1.11M USD 1 Quarter
Transfers from (to) inventory to (from) property, plant and equipment and construction in progress TransfersFromInventoryToPropertyPlantAndEquipmentAndConstructionInProgress $-647.00 USD 1 Quarter
Transfers from (to) inventory to (from) property, plant and equipment and construction in progress TransfersFromInventoryToPropertyPlantAndEquipmentAndConstructionInProgress $57.54K USD 1 Quarter
Transfer from costs and estimated earnings in excess of billings - construction project to accounts receivable TransferFromCostsAndEstimatedEarningsInExcessOfBillingsConstructionProjectToAccountsReceivable $239.40K USD 1 Quarter
Transfer from costs and estimated earnings in excess of billings - construction project to accounts receivable TransferFromCostsAndEstimatedEarningsInExcessOfBillingsConstructionProjectToAccountsReceivable - USD 1 Quarter
Transfers from construction in progress to property, plant and equipment TransfersFromConstructionInProgressToPropertyPlantAndEquipment $329.26K USD 1 Quarter
Transfers from construction in progress to property, plant and equipment TransfersFromConstructionInProgressToPropertyPlantAndEquipment $95.79K USD 1 Quarter
Transfer from construction in progress to costs and estimated earnings in excess of billings - construction project TransferFromConstructionInProgressToCostsAndEstimatedEarnings $77.84K USD 1 Quarter
Transfer from construction in progress to costs and estimated earnings in excess of billings - construction project TransferFromConstructionInProgressToCostsAndEstimatedEarnings - USD 1 Quarter
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $2.04M USD 1 Quarter
Net income ProfitLoss $778.02K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $100.46K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-35.55K USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $100.46K USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-35.55K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $878.48K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $112.74K USD 1 Quarter
Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $128.14K USD 1 Quarter
Comprehensive income attributable to Consolidated Water Co. Ltd. stockholders ComprehensiveIncomeNetOfTax $750.34K USD 1 Quarter
Comprehensive income attributable to Consolidated Water Co. Ltd. stockholders ComprehensiveIncomeNetOfTax $1.89M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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