Excelerate Energy Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
EE$37.25+1.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Consolidated Balance Sheets
Consolidated Balance Sheets
As of September 30, 2024 and December 31, 2023
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS · (In thousands) | ||
| Current assets | ||
| Cash and cash equivalents | $608,447 | $555,853 |
| Current portion of restricted cash | 3,625 | 2,655 |
| Accounts receivable, net | 81,506 | 97,285 |
| Current portion of net investments in sales-type leases | 42,616 | 16,463 |
| Other current assets | 27,781 | 27,356 |
| Total current assets | 763,975 | 699,612 |
| Restricted cash | 14,413 | 13,950 |
| Property and equipment, net | 1,585,595 | 1,649,779 |
| Net investments in sales-type leases | 388,120 | 383,547 |
| Investment in equity method investee | 19,522 | 21,269 |
| Deferred tax assets, net | 34,986 | 42,948 |
| Other assets | 57,790 | 49,274 |
| Total assets | $2,864,401 | $2,860,379 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable | $8,598 | $13,761 |
| Accrued liabilities and other liabilities | 68,922 | 89,796 |
| Current portion of deferred revenue | 29,422 | 27,169 |
| Current portion of long-term debt | 46,448 | 42,614 |
| Current portion of long-term debt – related party | 8,777 | 8,336 |
| Current portion of finance lease liabilities | 23,115 | 22,080 |
| Total current liabilities | 185,282 | 203,756 |
| Long-term debt, net | 299,206 | 333,367 |
| Long-term debt, net – related party | 164,479 | 171,693 |
| Finance lease liabilities | 173,520 | 189,807 |
| TRA liability | 63,457 | 67,061 |
| Asset retirement obligations | 43,217 | 41,834 |
| Other long-term liabilities | 52,575 | 43,507 |
| Total liabilities | $981,736 | $1,051,025 |
| Commitments and contingencies (Note 19) | ||
| Class A Common Stock ($0.001 par value, 300,000,000 shares authorized, 26,397,702 shares issued as of September 30, 2024 and 26,284,027 shares issued as of December 31, 2023) | 26 | 26 |
| Class B Common Stock ($0.001 par value, 150,000,000 shares authorized and 82,021,389 shares issued and outstanding as of September 30, 2024 and December 31, 2023) | 82 | 82 |
| Additional paid-in capital | 472,502 | 465,551 |
| Retained earnings | 59,715 | 39,754 |
| Accumulated other comprehensive income (loss) | (381) | 505 |
| Treasury stock (1,710,378 shares as of September 30, 2024 and 20,624 shares as of December 31, 2023) | (29,759) | (472) |
| Non-controlling interest | 1,380,480 | 1,303,908 |
| Total equity | 1,882,665 | 1,809,354 |
| Total liabilities and equity | $2,864,401 | $2,860,379 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.