GTT Communications, Inc. company info

CIK 1315255
IRS Number 202096338
State of incorporation DE
Business address 7900 TYSONS ONE PLACE
SUITE 1450
MCLEAN
VA
22102
Mail address 7900 TYSONS ONE PLACE
SUITE 1450
MCLEAN
VA
22102

Short summary

GTT Communications, Inc. is a Virginia company, with head office located at 7900 Tysons One Place Mclean, Virginia 22102. In 2018 the company owned a total of 4.59 billion USD worth of assets, including 370.60 million USD worth of current assets. 2017 was the year when the company amassed the most assets.

GTT Communications, Inc. Income Statement

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Selling, General and Administrative Expense 18.0218.6018.9631.6845.61101.71143.20215.40
Operating Expenses 87.65102.95159.32208.05365.55486.50802.50
Operating Income (Loss) 3.243.544.92-1.96-0.703.7040.8025.40
Other Nonoperating Income (Expense) -0.37-0.22-1.05-11.72-8.64-1.17-0.600.20
Income Tax Expense (Benefit) 0.100.580.75-2.012.08-34.103.9317.30
Net income 1.370.26-1.56-20.79-22.9819.305.30-71.50

GTT Communications, Inc. Balance Sheet

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Cash and cash equivalents 5.697.374.965.5922.5419.4215.37130.7473.7047.70
Accounts Receivable, Net, Current 7.8111.5323.8525.8145.9369.0999.98255.60254.10
Property, Plant and Equipment, Gross 8.2313.0634.9250.0384.37137.11657.80
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 4.977.5714.4724.8545.5593.75158.50
Goodwill 40.9548.8374.6067.96175.95279.47490.201,7791,666.80
Intangible Assets, Net (Excluding Goodwill) 12.2822.4947.0440.8996.39187.93395.47531.90564.60
Other Assets, Noncurrent 4.382.585.577.9010.3811.0633.6744.5086.60
Total assets 80.9298.54181.30187.81398.19620.391,649.574,794.604,593.20
Current assets 19.3019.2534.2153.7073.42102.87259.94402.60370.60
Accounts payable 17.4013.2520.9621.8514.9010.7921.85120.20125.70
Taxes Payable, Current 0.860.843.414.192.56
Total current liabilities 36.8338.4768.8454.2698.3284.72153.53579.90542.50
Long-term Debt, Excluding Current Maturities 25.5236.8081.3581.57215.63412.641,108.813,1223,115.50
Long-term Debt 120.83416.941,115.813,164.903,156.40
Deferred Revenue, Noncurrent 0.271.731.230.612.33116.29106.70
Total liabilities 63.4081.01166.83157.25321.15504.191,427.954,292.404,117.20
Common Stock, Value, Issued 0.000.000.000.000.000.000.0000
Retained Earnings (Accumulated Deficit) -44.24-44.63-58.24-74.91-99.25-68.91-65.86-291.90-315.30
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.30-0.58-0.86-0.03-1.88-4.32-4.42-0.80-7.70

GTT Communications, Inc. Cash Flow

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Net income 1.370.26-1.56-20.79-22.9819.305.30-71.50
Depreciation and amortization 2.793.907.3017.1624.9246.7062.79132.60
Depreciation 2.506.9011.1020.7022.1063.60
Amortization of Intangible Assets 2.504.8010.2013.802640.7069
Deferred Income Tax Expense (Benefit) 0.88-0.55-2.720.79-30.502.2010.50
Accounts receivable -3.312.31-1.02-0.494.977.8914.86-14.20
Accounts payable -2.982.83-4.110.60-14.24-8.69-12.32-22.70
Deferred revenue -5.60-6.90-33.40
Net Cash Provided by (Used in) Operating Activities -2.19-0.034.012.68-10.1324.6560.5463.40
Payments to Acquire Property, Plant, and Equipment 0.190.531.844.055.8214.0724.1942
Payments to Acquire Businesses, Net of Cash Acquired 14.6013.8351.8837.49300.7014.10706.30
Payments to Acquire Intangible Assets 11.724.040.21001.50
Net Cash Provided by (Used in) Investing Activities -0.19-16.13-17.40-59.98-43.51-314.77-362.60-460.40
Proceeds from Stock Plans 01.200.70
Proceeds from Issuance of Common Stock 0.940.250001.18
Net Cash Provided by (Used in) Financing Activities 3.4813.0014.6957.6891.88253.53318.60469.70
Cash and Cash Equivalents, Period Increase (Decrease) 1.01-3.311.481.0643.47-34.6315.1271.50