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. The company achieved a record breaking net income last year - 161.00 million USD. This is 21.42% higher than one reported in 2015. In 2016 the company owned a total of 1.38 billion USD worth of assets, including 507.40 million USD worth of current assets. The company amassed the most assets last year, totalling up to 1.38 billion USD. The company net sales last year amounted to 798.60 million USD, which means a 1.24% increase when compared to 2015.

Morningstar, Inc. Income Statement

Name [in Millions USD]2007200820092010201120122013201420152016Trends
Revenue, Net 479.00555.35631.40658.29698.27760.10788.80798.60
Cost of Goods and Services Sold 128.62157.07235.29246.78271.40318.60330.10344.30
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) 54.4246.7842.7643.6652.8856.0335.6862.7063.70
Net income 89.6382.1386.3798.36108.08123.5378.30132.60161

Morningstar, Inc. Balance Sheet

Name [in Millions USD]2007200820092010201120122013201420152016Trends
Cash and cash equivalents 159.58187.10154.38195.02147.50169.81176.30225.60202.40285.60
Available-for-sale Securities, Current 214.21217.48109.6916.028.8026.6031.30
Accounts Receivable, Net, Current 90.13111.52117.02110.65135.02143.90137.30143.60
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 68.5770.7587.51106.17151191246.50
Goodwill 281.81326.54316.96321.43388.84364.20371.50561.50
Other Assets, Noncurrent 5.737.687.8011.547.8479.6010.30
Total assets 962.531,153.071,105.781,039.061,051.221,047.601,0521,376
Current assets 437.61575.42541.99462.39402.59435.40409507.40
Total current liabilities 213.34246.26262.14253.30322.19305328.60301.80
Deferred income taxes 3.4219.4816.1824.0719.1828.7019.9038.60
Total liabilities 246.46296.84308.55321.78382.56377.70412.60636.90
Common Stock, Value, Issued 0.010.010.010.010.01000
Retained Earnings (Accumulated Deficit) 284.94367.31447.03545.35595.91686.40780.80906.30
Accumulated Other Comprehensive Income (Loss), Net of Tax -13.2117.830.27-6.0810.66-36-62.40-59.50

Morningstar, Inc. Cash Flow

Name [in Millions USD]2007200820092010201120122013201420152016Trends
Net income 89.6382.1386.3798.36108.08123.5378.30132.60161
Depreciation 13.0014.8115.6519.1524.2032.6242.4051.30
Amortization of Intangible Assets 24.8527.2723.9421.5022.302219.40
Depreciation and amortization 26.0031.9639.6642.9143.1045.7054.8964.4070.70
Deferred Income Tax Expense (Benefit) 11.90-2.21-2.71-5.436.34-1.203.302.904.70
Accounts receivable 0.66-12.3623.653.8617.121.6025.926.900.10
Deferred revenue -1.60-8.705.759.587.773.70-1.6910.606.70
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 12.3714.7723.3230.0433.5858.3057.3062.80
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 50.7425.3212.53-32.60-265.18-166.37-71.70-124.90123.70
Cash and Cash Equivalents, Period Increase (Decrease) 14.32-43.4049.6820.26-36.554.301721.9052