Acquired by Macquarie Infrastructure Partners V in September 2021
CBB - Cincinnati Bell Inc.
NYSE
->
Communication Services
->
Telecom Services
Cincinnati,
United States
Type: Equity
CBB price evolution
CBB
| (in millions $) | 30 Jun 2021 | 31 Mar 2021 | 31 Dec 2020 | 30 Sep 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3.5 | $6.7 | $12.2 | $8.8 |
| Short term investments | ||||
| Net receivables | $296.3 | $308.1 | $369.6 | $280.1 |
| Inventory | $51.3 | $38.6 | $35.5 | $28.7 |
| Total current assets | $395.3 | $398.9 | $459.1 | $361.6 |
| Long term investments | ||||
| Property, plant & equipment | $1769.2 | $1768.2 | $1766.5 | $1766.6 |
| Goodwill & intangible assets | $304.9 | $307 | $309.6 | $302.7 |
| Total noncurrent assets | $2205.1 | $2204.3 | $2209.5 | $2202.2 |
| Total investments | ||||
| Total assets | $2600.4 | $2603.2 | $2668.6 | $2563.8 |
| Current liabilities | ||||
| Accounts payable | $339.5 | $269.2 | $299.2 | $223.6 |
| Deferred revenue | $48.5 | $52.5 | $68.9 | $50.3 |
| Short long term debt | $20.3 | $23.1 | $21.8 | $21.6 |
| Total current liabilities | $549.7 | $486.1 | $546.1 | $450.1 |
| Long term debt | $1924.4 | $1985.6 | $1983.5 | $1967.3 |
| Total noncurrent liabilities | $2233.9 | $2306.7 | $2313.6 | $2318.2 |
| Total debt | $1944.7 | $2008.7 | $2005.3 | $1988.9 |
| Total liabilities | $2783.6 | $2792.8 | $2859.7 | $2768.3 |
| Shareholders' equity | ||||
| Retained earnings | -$2839.2 | -$2834.6 | -$2831.6 | -$2826 |
| Other shareholder equity | -$139.2 | -$151.9 | -$159.7 | -$179.9 |
| Total shareholder equity | -$183.2 | -$189.6 | -$191.1 | -$204.5 |
| (in millions $) | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 | 31 Dec 2017 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $12.2 | $11.6 | $15.4 | $396.5 |
| Short term investments | ||||
| Net receivables | $369.6 | $307.7 | $342.8 | $239.8 |
| Inventory | $35.5 | $44.6 | $46.5 | $44.3 |
| Total current assets | $459.1 | $403.8 | $445.9 | $710.4 |
| Long term investments | ||||
| Property, plant & equipment | $1766.5 | $1816.6 | $1844 | $1129 |
| Goodwill & intangible assets | $309.6 | $315.9 | $325.1 | $283.3 |
| Total noncurrent assets | $2209.5 | $2250 | $2284.3 | $1452 |
| Total investments | ||||
| Total assets | $2668.6 | $2653.8 | $2730.2 | $2162.4 |
| Current liabilities | ||||
| Accounts payable | $299.2 | $284.6 | $331.9 | $185.6 |
| Deferred revenue | $68.9 | $59.1 | $55.9 | $36.3 |
| Short long term debt | $21.8 | $22.3 | $20.2 | $18.4 |
| Total current liabilities | $546.1 | $523.5 | $541.7 | $357.3 |
| Long term debt | $1983.5 | $1933.4 | $1909.6 | $1729.3 |
| Total noncurrent liabilities | $2313.6 | $2270.3 | $2263.5 | $1948.2 |
| Total debt | $2005.3 | $1955.7 | $1929.8 | $1747.7 |
| Total liabilities | $2859.7 | $2793.8 | $2805.2 | $2305.5 |
| Shareholders' equity | ||||
| Retained earnings | -$2831.6 | -$2776 | -$2709.4 | -$2664.8 |
| Other shareholder equity | -$159.7 | -$170.1 | -$175.5 | -$173.7 |
| Total shareholder equity | -$191.1 | -$140 | -$75 | -$143.1 |
| (in millions $) | 30 Jun 2021 | 31 Mar 2021 | 31 Dec 2020 | 30 Sep 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $414.2 | $409.9 | $410.3 | $389.5 |
| Cost of revenue | $224.8 | $220.1 | $211 | $203.9 |
| Gross Profit | $189.4 | $189.8 | $199.3 | $185.6 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $85.4 | $83.8 | $91.2 | $86 |
| Total operating expenses | $159 | $157.2 | $165.5 | $160.9 |
| Operating income | $30.4 | $32.6 | $33.8 | $24.7 |
| Income from continuing operations | ||||
| EBIT | $28.9 | $29.8 | $28.7 | $22.3 |
| Income tax expense | $0.4 | $0.7 | -$2.9 | |
| Interest expense | $33.5 | $32.4 | $33.6 | $33.4 |
| Net income | ||||
| Net income | -$4.6 | -$3 | -$5.6 | -$8.2 |
| Income (for common shares) | -$7.2 | -$5.6 | -$8.2 | -$10.8 |
| (in millions $) | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 | 31 Dec 2017 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1559.8 | $1536.7 | $1378.2 | $1288.5 |
| Cost of revenue | $802 | $784.6 | $698.7 | $761.3 |
| Gross Profit | $757.8 | $752.1 | $679.5 | $527.2 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $346.5 | $354.4 | $313.4 | $240.9 |
| Total operating expenses | $691.8 | $679 | $596.2 | $489.1 |
| Operating income | $66 | $73.1 | $83.3 | $38.1 |
| Income from continuing operations | ||||
| EBIT | $53.1 | $62.4 | $71.1 | $151.2 |
| Income tax expense | -$25.5 | -$10.6 | $9.4 | $30.9 |
| Interest expense | $134.2 | $139.6 | $131.5 | $85.2 |
| Net income | ||||
| Net income | -$55.6 | -$66.6 | -$69.8 | $35.1 |
| Income (for common shares) | -$66 | -$77 | -$80.2 | $24.7 |
| (in millions $) | 30 Jun 2021 | 31 Mar 2021 | 31 Dec 2020 | 30 Sep 2020 |
|---|---|---|---|---|
| Net income | -$4.6 | -$3 | -$5.6 | -$8.2 |
| Operating activities | ||||
| Depreciation | $71.8 | $71 | $72.6 | $71.9 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.9 | $1.3 | $1.4 | $1.2 |
| Total cash flows from operations | $120.3 | $59.8 | $67.2 | $65.3 |
| Investing activities | ||||
| Capital expenditures | -$59 | -$60.7 | -$64.4 | -$59.8 |
| Investments | ||||
| Total cash flows from investing | -$59 | -$60.6 | -$65.6 | -$59.7 |
| Financing activities | ||||
| Dividends paid | -$5.2 | -$2.6 | -$10.4 | -$7.8 |
| Sale and purchase of stock | ||||
| Net borrowings | -$62 | $8.9 | -$1.3 | |
| Total cash flows from financing | -$64.6 | -$4.6 | $6.3 | -$3.9 |
| Effect of exchange rate | $0.1 | -$0.1 | $0.5 | $0.1 |
| Change in cash and equivalents | -$3.2 | -$5.5 | $8.4 | $1.8 |
| (in millions $) | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 | 31 Dec 2017 |
|---|---|---|---|---|
| Net income | -$55.6 | -$66.6 | -$69.8 | $35.1 |
| Operating activities | ||||
| Depreciation | $293.4 | $304.9 | $252 | $193 |
| Business acquisitions & disposals | -$216.8 | -$26.3 | ||
| Stock-based compensation | $5.6 | $7.4 | $5.6 | $5.9 |
| Total cash flows from operations | $206.1 | $259.1 | $214.7 | $203.4 |
| Investing activities | ||||
| Capital expenditures | -$223.6 | -$223.8 | -$220.6 | -$210.5 |
| Investments | ||||
| Total cash flows from investing | -$226.4 | -$223.3 | -$437.4 | -$236.8 |
| Financing activities | ||||
| Dividends paid | -$10.4 | -$10.4 | -$10.4 | -$10.4 |
| Sale and purchase of stock | ||||
| Net borrowings | $37.1 | -$28.4 | -$145.8 | $431.4 |
| Total cash flows from financing | $25.6 | -$39.6 | -$158.1 | $420.2 |
| Effect of exchange rate | $0.3 | -$0.3 | ||
| Change in cash and equivalents | $5.6 | -$3.8 | -$381.1 | $386.8 |
News
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Cincinnati Bell goes private, sold to investor group for $2.9 billion
MSN News
8 Sep 2021
|
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Cincinnati Bell goes private, sold to investor group for $2.9 billion
WCPO Cincinnati
8 Sep 2021
|
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Cincinnati Bell bought in $2.9B deal
FOX 19 Cincinnati
8 Sep 2021
|
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Cincinnati Bell bought in $2.9B deal
FOX 19 Cincinnati
8 Sep 2021
|
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3 Communication Stocks Set to Ride on 5G Infrastructure Upgrade
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30 Aug 2021
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3 Communication Stocks Set to Ride on 5G Infrastructure Upgrade
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29 Aug 2021
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Exclusive: Ares seeks $4 billion for distressed investing - sources By Reuters
Investing.com
19 Aug 2021
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Esperion Therapeutics, Inc. (ESPR): Are Hedge Funds Right About This Stock?
Insider Monkey via Yahoo Finance
30 Jul 2021
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Exclusive-Macquarie raises $6.9 billion for North America infrastructure fund
Reuters via Yahoo Finance
30 Jul 2021
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Where Do Hedge Funds Stand On HEXO Corp. (HEXO)?
Insider Monkey via Yahoo Finance
19 Jun 2021
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Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 50.92M |
| Revenue | $1.62B |
|---|---|
| EBITDA | $397.00M |
| EBIT | $109.70M |
| Net Income | -$21.40M |
| Revenue Q/Q | 9.00% |
| Revenue Y/Y | 5.94% |
| P/E ratio | 0.00 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.00 |
| Book/Share | -0.86 |
| Cash/Share | 0.07 |
| EPS | -$0.42 |
|---|---|
| ROA | -0.82% |
| ROE | 11.14% |
| Debt/Equity | -14.96 |
|---|---|
| Net debt/EBITDA | 7.00 |
| Current ratio | 0.72 |
| Quick ratio | 0.63 |