Archrock Inc

For the period ended Dec 31, 2023. Filed Feb 21, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 21, 2024

AROC$28.99+5.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets


· · December 31,
· · 2023 · 2022
Assets · ·
Current assets: · ·
Cash and cash equivalents	$1,338	$1,566
Accounts receivable, net of allowance of $587 and $1,674, respectively	124,069	137,544
Inventory	81,761	84,622
Other current assets	5,989	8,228
Total current assets	213,157	231,960
Property, plant and equipment, net	2,301,982	2,199,253
Operating lease right-of-use assets	14,097	16,706
Intangible assets, net	30,182	37,077
Contract costs, net	37,739	34,736
Deferred tax assets	3,192	33,353
Other assets	47,733	37,079
Non-current assets of discontinued operations	7,868	8,586
Total assets	$2,655,950	$2,598,750

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable, trade	$61,026	$64,324
Accrued liabilities	85,381	76,915
Deferred revenue	5,736	7,332
Total current liabilities	152,143	148,571
Long-term debt	1,584,869	1,548,334
Operating lease liabilities	12,271	14,861
Deferred tax liabilities	4,921	854
Other liabilities	22,857	17,569
Non-current liabilities of discontinued operations	7,868	7,868
Total liabilities	1,784,929	1,738,057

Commitments and contingencies (Note 16)

Equity:
Preferred stock: $0.01 par value per share, 50,000,000 shares authorized, zero issued	—	—
Common stock: $0.01 par value per share, 250,000,000 shares authorized, 164,984,401 and 163,439,013 shares issued, respectively	1,650	1,634
Additional paid-in capital	3,470,576	3,456,777
Accumulated deficit	(2,499,931)	(2,509,133)
Treasury stock: 9,020,454 and 7,810,548 common shares, at cost, respectively	(101,274)	(88,585)
Total equity	871,021	860,693
Total liabilities and equity	$2,655,950	$2,598,750

(in thousands, except per share amounts)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.