Summary - Funding Rounds

Founding Date

1964
Hornbeck Offshore is a subsidiary of Genesis Energy

Hornbeck Offshore Income Statement

Annual

USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

548.1m88.7m224.3m191.4m212.4m

General and administrative expense

53.4m43.4m47.6m43.5m

Operating expense total

378.6m288.6m280.0m299.8m

Depreciation and amortization

86.0m113.6m111.9m108.7m

EBIT

171.1m4.5m(64.2m)(88.7m)(87.4m)

EBIT margin, %

31%5%(29%)(46%)(41%)

Interest expense

47.4m48.7m51.4m63.6m

Interest income

2.5m1.5m2.2m2.2m

Pre tax profit

100.4m(122.8m)(148.7m)

Income tax expense

36.3m(45.5m)(150.2m)(29.6m)

Net Income

111.4m(2.7m)(63.8m)27.4m(119.1m)

Hornbeck Offshore Balance Sheet

Annual

USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

439.3m259.8m217.0m186.8m224.9m

Current Assets

620.6m364.0m270.6m248.4m299.6m

PP&E

2.1b2.6b2.6b2.5b2.4b

Total Assets

2.8b3.0b2.9b2.8b2.8b

Accounts Payable

52.9m35.9m11.8m16.2m26.8m

Current Liabilities

101.7m85.5m45.1m48.9m161.2m

Total Liabilities

1.5b1.5b1.5b1.3b1.5b

Additional Paid-in Capital

724.4m748.0m754.4m760.3m761.8m

Retained Earnings

571.5m701.8m638.0m668.6m549.5m

Total Equity

1.4b1.4b1.4b1.3b

Financial Leverage

2.1 x2.1 x1.9 x2.1 x

Hornbeck Offshore Cash Flow

Hornbeck Offshore Employee Rating

2.997 votes
Culture & Values
2.9
Work/Life Balance
2.5
Senior Management
2.7
Salary & Benefits
2.8
Career Opportunities
3.0
Source