SOUTHWESTERN PUBLIC SERVICE CO company info

CIK 92521
IRS Number 750575400
State of incorporation NM
Business address SPS TOWER
TYLER AT SIXTH ST
AMARILLO
TX
79101
Mail address PO BOX 1261
None
AMARILLO
TX
79170

Short summary

SOUTHWESTERN PUBLIC SERVICE CO is a Texas company, with head office located at Sps Tower Amarillo, Texas 79101. The company achieved a record breaking net income last year - 213.30 million USD. This is 33.98% higher than one reported in 2017. In 2018 the company owned a total of 7.32 billion USD worth of assets, including 307.60 million USD worth of current assets. An analysis of the recent trend shows a steady growth of company assets, with a 18.60% growth from the last year and a 133.09% increase in the 8 year period.

SOUTHWESTERN PUBLIC SERVICE CO Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cost of Goods and Services Sold 1,0351,055.301,043.50
Operating Income (Loss) 172.82183.44200.60225.76210.02266.12274.47311.30300.90311.70
Interest expense 71.6963.9165.1069.0777.8780.2284.0488.6786.2384.50
Other Nonoperating Income (Expense) 0.260.030.410.050.14-0.06-0.010.09-1.80-3
Income Tax Expense (Benefit) 40.5048.8755.1362.2353.7675.2075.0382.1168.4238.90
Net income 67.7578.0789.90106.3795.18129.85127.26152.20159.20213.30

SOUTHWESTERN PUBLIC SERVICE CO Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 130.800.284.441.180.912.932.600.620.600.410.50
Accounts Receivable, Net, Current 64.5475.3572.4791.7278.3984.0183.85102.3893.20
Inventories 26.6825.1928.2435.1232.4631.6633.0932.5233.40
Deferred income taxes 15.9818.25
Property, Plant and Equipment, Gross 4,458.954,854.935,345.315,871.796,397.696,857.017,507.298,261.50
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 1,738.171,795.051,824.581,922.951,877.021,985.222,073.102,173
Other Assets, Noncurrent 10.9713.7717.5614.8014.925.007.703.715
Total assets 3,141.593,381.823,763.984,303.964,748.435,202.705,591.946,174.297,322.70
Current assets 293.47301.66328.17452.55446.93349.00360.41358.11307.60
Accounts payable 162.03132.92174.83163.73148.72155.56180.74184.83194.40
Taxes Payable, Current 19.5114.9621.9217.7224.0231.4137.7951.9728.80
Total current liabilities 473.47312.27437.02493.54646.52681.42545.67690.82622.70
Long-term Debt, Excluding Current Maturities 1,103.571,103.801,349.521,349.861,339.181,636.481,830.512,126.30
Long-term Debt 993.311,103.681,199.871,349.691,538.521,635.86
Deferred income taxes 558.72596.58849.15953.521,036.16577.49635.40
Common Stock, Value, Issued 000000000
Retained Earnings (Accumulated Deficit) 273.27303.68341.30363.61390.46447.71495.45569.19602.30
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.59-1.42-1.25-1.08-0.90-1.17-1.24-1.41-1.40

SOUTHWESTERN PUBLIC SERVICE CO Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income 67.7578.0789.90106.3795.18129.85127.26152.20159.20213.30
Depreciation and amortization 106.90106.21109.21115.92124.07137.95153.24162.96193.87210
Deferred Income Tax Expense (Benefit) 30.3725.3155.5154.1236.48123.5262.84122.98126.5022.10
Inventories -19.942.705.73-4.247.446.09-5.690.961.9316
Accounts payable -5.79-17.02-1.53-13.7320.6511.43-24.5713.7811.80-6.60
Net Cash Provided by (Used in) Operating Activities 221.51177.33228.97271.09237.64386.78314.75387.80470.50446.30
Payments to Acquire Productive Assets 211.87309.41308.22384.63584.74554.94599.51512.52550.601,020.90
Net Cash Provided by (Used in) Investing Activities -194.28-140.40-302.66-377.35-537.43-542.82-589.00-499.81-616.05-955.90
Proceeds from Issuance of Long-term Debt 00193.14108.6894.63148.12198.50295.99442.30295
Payments of Ordinary Dividends, Common Stock 66.8567.1064.4066.6169.5883.50100.5485.07108.80131
Net Cash Provided by (Used in) Financing Activities -150.66-42.5272.57106.09300.32155.63274.49112.10155.62542.80
Cash and Cash Equivalents, Period Increase (Decrease) -123.43-5.59-1.13-0.170.53-0.420.240.0110.0333.20