Morningstar, Inc. company info

CIK 1289419
IRS Number 363297908
State of incorporation IL
Business address 22 WEST WASHINGTON STREET
None
CHICAGO
IL
60602
Mail address 22 WEST WASHINGTON STREET
None
CHICAGO
IL
60602

Short summary

Morningstar, Inc. is a Illinois company, with head office located at 22 West Washington Street Chicago, Illinois 60602. In 2017 the company owned a total of 1.38 billion USD worth of assets, including 497.90 million USD worth of current assets. The company amassed the most assets last year, totalling up to 1.38 billion USD.

Morningstar, Inc. Income Statement

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Revenue, Net 479.00555.35631.40658.29698.30760.10788.80798.60
Cost of Goods and Services Sold 128.62157.07182.13195.35271.40318.60330.10344.30
Research and development 40.3438.3849.2453.1651.44
Operating Income (Loss) 138.88124.67121.06138.42150.67170.70105.60190.60180.80
Interest expense 0.350.281.320.310.23
Other Nonoperating Income (Expense) -1.44-0.084.30-0.65-2.73-3.200.101.206.10
Income Tax Expense (Benefit) 54.4246.7842.7643.6652.8856.0335.7062.7063.70
Net income 89.6382.1386.3798.36108.08123.5378.30132.60161

Morningstar, Inc. Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Cash and cash equivalents 159.58187.10154.38195.02147.50169.81176.25225.60202.40285.60270.30
Available-for-sale Securities, Current 214.21217.48109.6916.028.8026.6031.3032.40
Accounts Receivable, Net, Current 90.13111.52117.02110.65135.02143.90137.30143.60148.20
Deferred income taxes 1.462.794.903.596.4410.500
Property, Plant and Equipment, Gross 130.67138.95171.53211.15250.49304.30366.90
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 68.5770.7587.51106.17151191246.50263.40
Goodwill 281.81326.54316.96321.43388.84364.20371.50561.50565.40
Other Assets, Noncurrent 5.737.687.8011.547.8479.6010.306.80
Total assets 962.531,153.071,105.781,039.061,051.221,047.601,0521,3761,383.70
Current assets 437.61575.42541.99462.39402.59435.40409507.40497.90
Total current liabilities 213.34246.26262.14253.30322.19305328.60301.80294.60
Deferred income taxes 3.4219.4816.1824.0719.1828.7019.9038.6039.90
Total liabilities 246.46296.84308.55321.78382.56377.70412.60636.90604.50
Common Stock, Value, Issued 0.010.010.010.010.010000
Retained Earnings (Accumulated Deficit) 284.94367.31447.03545.35595.91686.40780.80906.30940.20
Accumulated Other Comprehensive Income (Loss), Net of Tax -13.2117.830.27-6.0810.66-36-62.40-59.50-48.90

Morningstar, Inc. Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income 89.6382.1386.3798.36108.08123.5378.30132.60161
Depreciation 13.0014.8115.6519.1524.2032.6042.4051.30
Amortization of Intangible Assets 24.8527.2723.9421.5022.302219.40
Depreciation and amortization 26.0031.9639.6642.9143.1045.6954.9064.4070.70
Deferred Income Tax Expense (Benefit) 11.90-2.21-2.71-5.436.34-1.203.322.904.70
Accounts receivable 0.66-12.3623.653.8617.121.5925.906.900.10
Deferred revenue -1.60-8.705.759.587.773.66-1.7010.606.70
Net Cash Provided by (Used in) Operating Activities 149.34101.26123.42164.98146.00186.66132.20238.90213.70
Payments to Acquire Property, Plant, and Equipment 12.3714.7723.3230.0433.6058.3057.3062.80
Payments to Acquire Businesses, Net of Cash Acquired 105.4174.18102.32-0.30011.0864.4011.10191.60
Net Cash Provided by (Used in) Investing Activities -179.12-174.68-87.95-110.7780.19-14.86-31.20-79.50-274.20
Payments for Repurchase of Common Stock 03.7940.67251.81153.5176.709748.80
Net Cash Provided by (Used in) Financing Activities 50.7425.3212.53-32.60-265.18-166.37-76.10-124.90123.70
Cash and Cash Equivalents, Period Increase (Decrease) 14.32-43.4049.6820.26-36.554.301721.9052