Bankrate, Inc. company info

CIK 1518222
IRS Number 000000000
State of incorporation DE
Business address 1675 BROADWAY
22ND FLOOR
NEW YORK
NY
10019
Mail address 1675 BROADWAY
22ND FLOOR
NEW YORK
NY
10019

Short summary

Bankrate, Inc. is a New York company, with head office located at 1675 Broadway New York, New York 10019. In 2016 the company owned a total of 1.10 billion USD worth of assets, including 293.37 million USD worth of current assets. 2013 was the year when the company amassed the most assets.

Bankrate, Inc. Income Statement

Name [in Millions USD]20092010201120122013201420152016Trends
Gross Profit 135.27280.49310.81306.38
Research and development 17.1117.0222.3716.7923.4929.31
Operating Expenses 121.56382.03250.85279.67510.38
Operating Income (Loss) 13.7142.2962.6026.7236.1049.24-6.02
Interest expense 38.7031.7925.7724.9620.8222.2419.68
Other Nonoperating Income (Expense) -48.71
Income Tax Expense (Benefit) -3.655.597.50-5.447.6410.128.34
Net income -21.40-12.9029.33-11.205.17-13.35-34.13

Bankrate, Inc. Balance Sheet

Name [in Millions USD]20092010201120122013201420152016Trends
Cash and cash equivalents 80.0560.9978.00111.96175.38138.52121.95188.62
Accounts Receivable, Net, Current 61.9966.3558.2277.1587.3159.0566.71
Deferred income taxes 24.693.76
Property, Plant and Equipment, Gross 15.7422.8828.7838.0626.2234.95
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 4.299.8716.1924.0028.1916.9819.90
Goodwill 573.70596.84601.66638.01663.59609.01599.81
Intangible Assets, Net (Excluding Goodwill) 353.77377.22368.57351.81329.26218.71173.63
Other Assets, Noncurrent 12.7511.7110.0912.4614.0435.144.56
Total assets 1,100.351,175.051,179.621,320.011,272.801,087.781,100.63
Current assets 160.68171.47186.57307.72250.08214.62293.37
Accounts payable 8.3710.407.478.2212.265.449.29
Taxes Payable, Current 1.0710.491.551.14
Total current liabilities 49.3957.3565.9978.0074.7071.01122.76
Long-term Debt 298.21295.72
Deferred income taxes 78.5667.2069.2663.2051.636.955.18
Total liabilities 345.79336.20345.23454.08434.66413.56428.66
Common Stock, Value, Issued 111.011.041.031.031.02
Retained Earnings (Accumulated Deficit) -65.77-20.81-13.97-22.68-18.37-77.66-100.01
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.45-0.43-0.67-0.04-0.34-0.661.70

Bankrate, Inc. Cash Flow

Name [in Millions USD]20092010201120122013201420152016Trends
Net income -21.40-12.9029.33-11.205.17-13.35-34.13
Depreciation and amortization 35.2343.5452.8531.5058.6340.8442.25
Depreciation 2.504.1053.206.904.406.40
Amortization of Intangible Assets 32.7039.4047.1053.3051.7036.4035.90
Deferred Income Tax Expense (Benefit) -7.564.576.82-18.66-0.38-18.30-2.43
Accounts receivable 11.1216.12-7.706.428.186.27-12.28
Accounts payable 2.20-4.22-1.21-1.63-0.321.41-1.23
Net Cash Provided by (Used in) Operating Activities 31.2447.8369.95101.8942.5186.0579.76
Payments to Acquire Productive Assets 4.496.2513.6410.0910.9710.9911.46
Payments to Acquire Businesses, Net of Cash Acquired 355.1789.4731.3922.1371.7330.8164.73
Net Cash Provided by (Used in) Investing Activities -359.41-95.71-39.40-32.58-82.7094.50-76.18
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -94.88-39.00-32.21-82.38
Proceeds from Issuance of Common Stock 100.20170.321.462.83
Payments for Repurchase of Common Stock 0.5957.8879.1255.30
Net Cash Provided by (Used in) Financing Activities 366.17-11.80-4.7474.41-47.74-90.96-64.00
Cash and Cash Equivalents, Period Increase (Decrease) 37.94-59.4227.38146.48-88.0295.15-60.52