Financial Statements
Archrock Partners, L.P. repres (APLP)
- (-%)
Year | XLSX 2019 | XLSX 2018 | XLSX 2017 | XLSX 2016 | XLSX 2015 |
---|---|---|---|---|---|
Operating Cash Flow | 230,528 | 183,706 | 179,333 | 213,029 | 241,166 |
Net Income | 60,621 | 57,283 | 8,225 | -10,757 | -84,025 |
Depreciation & Amortization | 150,751 | 155,984 | 151,236 | 153,741 | 155,786 |
Deferred income taxes | 1,167 | 29 | -3,384 | 109 | 52 |
Stock-based compensation | - | 300 | 1,062 | 1,203 | 1,059 |
Change in working capital | -16,874 | 7,651 | -8,291 | 15,535 | -7,034 |
Other non-cash items | 34,863 | -37,541 | 30,485 | 53,198 | 175,328 |
Investing Cash Flow | -582,774 | -272,992 | -148,309 | -47,266 | -213,287 |
Investments in PPE | 64,738 | -287,349 | -179,319 | -62,345 | -229,202 |
Acquisitions | - | - | - | -13,779 | - |
Other Investing Activites | -647,512 | 14,357 | 31,010 | 28,858 | 15,915 |
Financing Cash Flow | 352,316 | 89,286 | -23,163 | -166,018 | -27,702 |
Debt repayment | -2,071,750 | -438,636 | -904,194 | -328,500 | -310,000 |
Dividends payments | - | - | - | -92,220 | -149,990 |
Common Stock Repurchased | - | - | -8,078 | -98 | -317 |
Common Stock Issuance | - | - | 60,291 | 259,532 | 1,164 |
Other Financing Activites | 2,424,066 | 527,922 | 828,818 | -4,732 | 431,441 |
Accounts receivables | 8,240 | -20,371 | -1,667 | 12,537 | -7,986 |
Other working capital | -25,114 | 28,022 | -6,624 | 2,998 | 952 |
Cash at beginning of period | 264 | 264 | 217 | 472 | 295 |
Cash at end of period | 334 | 264 | 8,078 | 217 | 472 |
Capital Expenditure | 64,738 | -287,349 | -179,319 | -62,345 | -229,202 |
Net cash flow / Change in cash | 70 | - | 7,861 | -255 | 177 |
Free Cash Flow | 295,266 | -103,643 | 14 | 150,684 | 11,964 |
Archrock Partners, L.P. repres income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Archrock Partners, L.P. repres FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.