← Capital Clean Energy Carriers Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | — | — | — | — | $30.4m |
$98.2m
+223.30%
|
$125.4m
+27.75%
|
$47.2m
-62.36%
|
$193.6m
+310.17%
|
$170.8m
-11.81%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $52.5m | $38.5m | ($104k) | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $71.9m | $74.0m | $32.8m | $29.3m | $41.4m | $46.9m | $69.3m | $84.2m | $81.6m | $87.2m | $113.4m | |
| Amortization of Debt Issuance Costs | $1.2m | $1.3m | $1.4m | $1.1m | $3.0m | $3.1m | $2.8m | $2.8m | $3.2m | $3.7m | — | |
| Depreciation | — | — | $32.1m | $29.1m | — | — | — | — | — | — | $90.9m | |
| Depreciation Expense | $71.9m | $74.0m | $73.1m | $29.3m | $41.4m | $46.9m | $69.3m | $84.2m | $86.2m | $87.2m | $113.4m | |
| Amortization / accretion of above / below market acquired charters (Note 7) | — | — | — | $14.4m | $11.7m | $7.3m | $12.0m | $891k | $15.9m | $22.6m | — | |
| Amortization of ineffective portion of derivatives | — | — | — | — | — | $0 | $0 | ($260k) | ($209k) | ($210k) | — | |
| Share-based Payment Arrangement, Noncash Expense | $1.1m | $1.2m | $613k | $907k | $2.0m | $2.0m | $3.8m | $3.8m | $6.9m | $6.4m | $6.4m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | — | — | — | — | ($11.5m) | $0 | $0 | — | |
| Impairment of vessels (Note 2) | $0 | $3.3m | $28.8m | — | — | $0 | $0 | $11.5m | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | ($23.2m) | ($25.8m) | ($18.1m) | ($15.7m) | ($16.9m) | ($19.9m) | ($57.3m) | ($103.6m) | ($129.2m) | ($100.5m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($183k) | $2.3m | $11.4m | ($13.4m) | $165k | $3.2m | ($3.9m) | $1.0m | $1.8m | $4.7m | ($5.1m) | |
| Trade accounts receivable | $183k | ($2.3m) | ($11.4m) | $13.4m | ($165k) | ($3.2m) | $3.9m | ($1.0m) | ($750k) | ($4.7m) | — | |
| Increase (Decrease) in Inventories | $354k | $719k | ($1.1m) | ($45k) | $2.1m | $1.5m | $1.8m | ($1.1m) | $1.8m | ($445k) | ($2.0m) | |
| Inventories | ($354k) | ($719k) | ($3.2m) | $45k | ($2.1m) | ($1.5m) | ($1.8m) | $1.1m | ($1.8m) | $445k | ($2.0m) | |
| Trade accounts payable | ($595k) | $2.8m | $5.5m | ($9.4m) | $3.8m | ($252k) | $380k | $4.2m | $5.5m | ($2.6m) | — | |
| Change in Accrued Liabilities | $662k | $7.6m | $5.3m | ($9.6m) | $684k | $2.7m | $4.2m | $5.1m | $13.8m | $5.3m | — | |
| Deferred revenue | $24.3m | ($11.3m) | ($15.7m) | ($3.6m) | ($1.0m) | $6.1m | $9.6m | $23.4m | $7.3m | ($526k) | — | |
| Prepayments and other assets | ($600k) | $486k | ($4.9m) | ($1.2m) | ($1.4m) | ($201k) | ($3.8m) | $1.6m | $557k | ($785k) | — | |
| Other Operating Income (Expense), Net | — | — | — | — | ($135k) | $247k | ($1.9m) | $1.2m | $3.3m | $2.6m | — | |
| Net Cash Provided by (Used in) Operating Activities | $155.1m |
$127.0m
-18.13%
|
$97.9m
-22.91%
|
$45.3m
-53.75%
|
$0
-100.00%
|
$0 | $172.6m |
$189.4m
+9.74%
|
$46.0m
-75.70%
|
$9.2m
-79.91%
|
$232.3m
+2412.87%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | $46.8m | $47.3m | $0 | $0 | — | $2.8m | |
| Capital expenditures included in liabilities | $1.4m | $312k | $547k | $15.0m | $2.5m | $1.0m | $1.7m | $6.7m | $4.1m | $2.9m | ($936.1m) | |
| Vessel acquisitions, vessels under construction and improvements including acquired time and bareboat charter agreements (Notes 6, 7) | ($90.8m) | ($2.0m) | ($44.3m) | ($6.5m) | ($185.2m) | ($368.1m) | ($117.2m) | ($467.6m) | ($1.2b) | ($315.1m) | — | |
| Net cash used in investing activities of continuing operations | — | ($1.7m) | $37.4m | ($6.5m) | ($185.2m) | ($175.1m) | ($12.7m) | ($431.1m) | ($1.2b) | ($314.8m) | ($935.4m) | |
| Net Cash from Investing Activities | — | ($359k) | ($41.8m) | ($1.5m) | $0 | $0 | ($1.5m) | ($16.0m) | $448.1m | $230.2m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($91.8m) | ($2.0m) | ($4.5m) | ($6.5m) | ($185.2m) | ($175.1m) | ($14.1m) | ($447.1m) | ($1.2b) | ($314.8m) | ($935.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Long-term Debt | $35.0m | $0 | $0 | $0 | $270.9m | $204.3m | $206.3m | $392.0m | $1.6b | $44.5m | $881.6m | |
| Proceeds from Debt Issuance | $35.0m | $0 | $0 | $0 | $270.9m | $204.3m | $206.3m | $392.0m | $1.6b | $44.5m | — | |
| Payments of long-term debt (Note 8) | ($17.4m) | ($129.3m) | ($73.8m) | ($32.7m) | ($153.6m) | ($145.5m) | ($219.0m) | ($109.8m) | ($792.5m) | ($120.9m) | — | |
| Dividends paid (Note 14) | ($68) | ($52) | ($53) | ($29) | ($17) | ($8) | ($12) | ($12) | ($34) | ($19) | ($7.6m) | |
| Dividends reinvestment plan issuance of new shares (Note 14) | — | — | — | — | — | — | — | $0 | $0 | $16.5m | — | |
| Net Cash from Financing Activities | — | — | ($18.6m) |
$158.2m
+952.66%
|
$0
-100.00%
|
$0 | ($35.1m) |
$307.0m
+974.90%
|
($97.3m)
-131.70%
|
($100.6m)
-3.37%
|
— | |
| Net cash (used in) / provided by financing activities of continuing operations | — | ($136.3m) |
($108.0m)
+20.81%
|
($179.1m)
-65.94%
|
$95.4m
+153.27%
|
$40.6m
-57.51%
|
$81.7m
+101.56%
|
$341.3m
+317.58%
|
$742.3m
+117.48%
|
($97.2m)
-113.09%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | ($46.8m) |
($168.3m)
-259.53%
|
($126.5m)
+24.84%
|
($179.1m)
-41.60%
|
$95.4m
+153.27%
|
$40.6m
-57.51%
|
($35.1m)
-186.53%
|
$307.0m
+974.90%
|
$742.3m
+141.79%
|
($97.2m)
-113.09%
|
$561.1m
+677.51%
|
|
| Net (decrease) / increase in cash, cash equivalents and restricted cash from continuing operations | — | ($72.1m) | ($10.4m) | ($140.4m) | ($9.1m) | ($23.3m) | $168.7m | $811k | ($264.4m) | ($179.1m) | — | |
| Net (decrease) / increase in cash, cash equivalents and restricted cash | $17.5m | ($43.4m) | ($33.1m) | $25.3m | ($9.1m) | ($23.3m) | $123.4m | $49.3m | $132.4m | ($40.3m) | — | |
| Cash, cash equivalents and restricted cash at the beginning of the year | — | — | $38.2m | $63.5m | $54.3m | $31.0m | $154.8m | $154.8m | $204.1m | $335.2m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($72.1m) | $38.2m | $63.5m | $54.3m | $31.0m | $154.8m | $204.1m | $336.5m | $294.9m | $268.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $493k | $0 | $0 | — | $0 | |
| Net increase in cash, cash equivalents and restricted cash from discontinued operations | — | $28.7m | ($22.7m) | $165.6m | $0 | $0 | ($45.4m) | $48.5m | $396.7m | $138.8m | — | |
| Cash, cash equivalents and restricted cash at the end of the year | — | — | — | — | — | — | $154.8m | $204.1m | $336.5m | $294.9m | — | |
| Restricted cash - current assets | — | $0 | $1.0m | — | — | — | — | $0 | $0 | $7.0m | — | |
| Restricted cash - non-current assets | $18.0m | $18.0m | $17.0m | $5.5m | $7.0m | $10.6m | $10.2m | $11.7m | $22.5m | $14.0m | — | |
| Total cash, cash equivalents and restricted cash shown in the statements of cash flows | $124.7m | $81.3m | $48.2m | $63.5m | $54.3m | $31.0m | $154.8m | $204.1m | $336.5m | $294.9m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $23.8m | $19.6m | $25.0m | $20.1m | $15.3m | $15.8m | $49.2m | $98.6m | $131.9m | $107.0m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | — | — | — | — | — | — | $103.8m | — | — | |
| General and Administrative Expense | $6.3m | $6.2m | $5.7m | $5.5m | $7.2m | $8.7m | $10.7m | $13.4m | $16.7m | $15.6m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $15.8m | ($7.6m) | $24.4m | $30.4m | $98.2m | $125.4m | $7.1m | $55.6m | $113.4m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $39.1m | $40.1m | $138.0m | $57.4m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | $7.5m | ($146.9m) | $0 | $0 | $39.1m | $40.1m | $139.0m | $57.4m | — | |
| Payments of Financing Costs | $31k | $5.0m | $72k | $788k | $4.8m | $6.1m | $4.3m | $3.8m | $12.9m | $1.5m | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | ($3.2m) | ($11.0m) | $5.5m | ($10.9m) | $18.1m | — | |
| Income from Discontinued Operations | — | — | — | — | — | — | $39.1m | $40.1m | $139.0m | $57.4m | — | |
| Income from Continuing Operations | — | $15.8m | ($7.6m) | $24.4m | $30.4m | $98.2m | $86.3m | $7.1m | $54.6m | $113.4m | — | |
| Interest Expense | $1.2m | $1.3m | $1.8m | $1.1m | $15.3m | $15.8m | $49.2m | $98.6m | $131.9m | $107.0m | — | |
| Equity compensation expense (Note 15) | $1.1m | $1.2m | $613k | $907k | $2.0m | $2.0m | $3.8m | $3.8m | $6.9m | $6.4m | — | |
| Change in fair value of derivatives (Note 9) | — | — | — | $0 | $0 | $3.2m | $11.0m | ($5.5m) | $10.9m | ($18.1m) | — | |
| Unrealized bonds exchange differences (Note 8) | — | — | — | — | $0 | ($3.4m) | ($10.9m) | $6.0m | ($9.8m) | $19.8m | — | |
| Due from related party | — | — | — | — | $0 | $0 | ($3.6m) | $1.8m | $716k | $1.1m | — | |
| Claims | — | $0 | $0 | ($1.1m) | $339k | ($696k) | ($157k) | $685k | $0 | ($752k) | — | |
| Dry-docking costs paid | — | — | — | ($954k) | ($6.1m) | ($1.9m) | $0 | ($3.0m) | $0 | ($1.5m) | — | |
| Proceeds from insurance claims | — | — | — | — | — | — | — | $0 | $0 | $573k | — | |
| (Expenses paid for the sale of vessels) / proceeds from sale of vessels, net (Note 6) | — | — | — | — | — | — | $127.1m | $20.5m | ($219k) | ($220k) | — | |
| Deferred financing and offering costs paid | ($31k) | ($5.0m) | ($94k) | ($788k) | ($4.8m) | ($6.1m) | ($4.3m) | ($3.8m) | ($12.9m) | ($1.5m) | — | |
| Rights offering costs paid | — | — | — | — | — | — | $0 | ($824k) | ($476k) | ($498k) | — | |
| Repurchase of common units (Note 14) | — | — | — | $0 | $0 | ($4.5m) | ($5.9m) | ($4.1m) | $0 | $0 | — | |
| Capitalized dry-docking costs included in liabilities | — | — | — | $2.6m | $1.6m | $123k | $29k | $4.1m | $4.1m | $4.0m | — | |
| Deferred financing costs included in liabilities | $0 | $79k | $0 | $0 | $6k | $112k | $220k | $1.9m | $86k | $60k | — | |
| Expenses for sale of vessels included in liabilities | — | — | — | $0 | $0 | $2.0m | $1.3m | $440k | $5.4m | $1.9m | — | |
| Seller's credit agreements in connection with the acquisition of vessel- owning companies (Notes 5, 6, 8) | — | — | — | — | — | — | $0 | $0 | $134.8m | $0 | — | |
| Sale and lease back agreements and credit facility assumed in connection with the acquisition of vessel-owning companies | — | — | — | $0 | $0 | $866.3m | $0 | $196.3m | $0 | $0 | — | |
| Amounts for the acquisition of vessel owning companies and companies owning vessels under construction, netted against the amount due from CMTC pursuant to the Standby Purchase Agreement (Notes 1, 5, 14) | — | — | — | — | — | $0 | $0 | $279.8m | $0 | $0 | — | |
| Advances for vessels under construction - related party, netted against the amount due from CMTC pursuant to the Standby Purchase Agreement (Notes 1, 5, 6, 14) | — | — | — | — | — | $0 | $0 | $174.4m | $0 | $0 | — | |
| Cash and cash equivalents | $106.7m | $63.3m | $30.2m | $58.0m | $47.3m | $20.4m | $144.6m | $192.4m | $314.0m | $273.8m | $356.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.