Southcross Energy Partners, L.P. company info

CIK 1547638
IRS Number 455045230
State of incorporation DE
Business address 1700 PACIFIC AVENUE, SUITE 2900
Mail address 1700 PACIFIC AVENUE, SUITE 2900

Short summary

Southcross Energy Partners, L.P. is a Texas company, with head office located at 1700 Pacific Avenue, Suite 2900 Dallas, Texas 75201. In 2017 the company owned a total of 1.07 billion USD worth of assets, including 72.95 million USD worth of current assets. 2014 was the year when the company amassed the most assets.

Southcross Energy Partners, L.P. Income Statement

Name [in Millions USD]200920102011201220132014201520162017Trends
Gross Profit 71.6493.55
Operating Income (Loss) 19.7315.873.29-3.00-13.23-9.54-41.59-17.86
Interest expense 7.1612.0412.5918.651.780.9038.18
Income Tax Expense (Benefit)
Net income 9.727.54-4.49-15.97-37.73-55.49-94.95-67.59

Southcross Energy Partners, L.P. Balance Sheet

Name [in Millions USD]200920102011201220132014201520162017Trends
Cash and cash equivalents 5.7220.323.291.9810.918.224.8617.221.16
Accounts Receivable, Net, Current 41.2348.6563.9345.3229.8634.5927.92
Property, Plant and Equipment, Gross 307.00599.48694.201,169.041,247.701,212.171,236.89
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 27.5561.9197.32176.81249.94298.89369.27
Intangible Assets, Net (Excluding Goodwill) 1.401.401.30
Other Assets, Noncurrent 4.696.645.2816.151.682.432.51
Total assets 420.39639.93752.281,323.201,232.761,145.911,067.18
Current assets 44.1655.1982.7175.8758.3682.1572.95
Total current liabilities 72.9463.6790.2097.9454.3664.80584.42
Long-term Debt, Excluding Current Maturities 190.79236.50170.85471.13552.69532.660
Long-term Debt 208.28191226.85556.05569.93546.79529.25
Total liabilities 263.75301.49319.30656.51617.38610.98602.20
Retained Earnings (Accumulated Deficit) -11.64
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.31000

Southcross Energy Partners, L.P. Cash Flow

Name [in Millions USD]200920102011201220132014201520162017Trends
Net income 9.727.54-4.49-15.97-37.73-55.49-94.95-67.59
Depreciation 32.50
Depreciation and amortization 10.9912.3518.9833.5546.0570.81106.9571.90
Accounts receivable -4.902.819.766.6824.77-3.0731.55-5.43
Payments to Acquire Property, Plant, and Equipment 5.25123.35169.8293.86168.62108.7026.0722.79
Payments to Acquire Businesses, Net of Cash Acquired 21.780044.040
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -5.23-144.60-169.82-97.11-240.57-127.84-8.90-8.17
Proceeds from Issuance of Long-term Debt 14.20229.40297.50129.30244.500
Cash and Cash Equivalents, Period Increase (Decrease) 6.08-4.14-1.709.709.88-16.01