HERON LAKE BIOENERGY, LLC Financial Statements (2025 and earlier)
Company Profile
| Business Address |
91246 390TH AVENUE HERON LAKE, MN 56137-1375 |
| State of Incorp. | MN |
| Fiscal Year End | October 31 |
| Industry (SIC) | 286 - Industrial Organic Chemicals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 7/31/2021 MRQ | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,276 | 4,541 | 5,996 | 10,065 | 1,298 | 1,126 | |||
| Cash and cash equivalents | 3,276 | 4,541 | 5,996 | 10,065 | 1,298 | 1,126 | |||
| Receivables | 1,616 | 4,891 | 3,953 | 4,032 | 4,607 | 5,671 | |||
| Inventory, net of allowances, customer advances and progress billings | 7,064 | 6,276 | 6,399 | 7,064 | 5,865 | 5,259 | |||
| Inventory | 7,064 | 6,276 | 6,399 | 7,064 | 5,865 | 5,259 | |||
| Prepaid expense | 158 | ||||||||
| Derivative instruments and hedges, assets | 15 | 96 | 426 | 142 | 662 | 677 | |||
| Other undisclosed current assets | 1,296 | 461 | 393 | 259 | 182 | ||||
| Total current assets: | 13,268 | 16,265 | 17,166 | 21,562 | 12,614 | 12,892 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 9,291 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 40,188 | 39,408 | 44,150 | 46,567 | 50,376 | 52,985 | |||
| Intangible assets, net (including goodwill) | 46 | 84 | 122 | ||||||
| Intangible assets, net (excluding goodwill) | 46 | 84 | 122 | ||||||
| Other noncurrent assets | 333 | 922 | 705 | 697 | 697 | 697 | |||
| Total noncurrent assets: | 49,812 | 40,330 | 44,855 | 47,310 | 51,157 | 53,804 | |||
| TOTAL ASSETS: | 63,080 | 56,596 | 62,021 | 68,873 | 63,771 | 66,696 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 7,413 | 5,810 | 6,258 | 5,186 | 5,276 | 4,101 | |||
| Accounts payable | 6,916 | 5,387 | 5,414 | 4,771 | 4,878 | 3,914 | |||
| Accrued liabilities | 497 | 423 | 844 | 415 | 397 | 188 | |||
| Debt | 12,185 | 334 | 392 | 432 | 2,357 | 2,355 | |||
| Derivative instruments and hedges, liabilities | 174 | 25 | 28 | ||||||
| Other undisclosed current liabilities | 1,344 | ||||||||
| Total current liabilities: | 21,116 | 6,144 | 6,675 | 5,646 | 7,632 | 6,456 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8,243 | 300 | 567 | 966 | 1,394 | 6,712 | |||
| Long-term debt, excluding current maturities | 296 | 300 | 567 | 966 | 1,394 | 6,712 | |||
| Liabilities, other than long-term debt | 597 | 551 | |||||||
| Other liabilities | 597 | 551 | |||||||
| Operating lease, liability | 7,947 | ✕ | ✕ | ✕ | ✕ | ||||
| Total noncurrent liabilities: | 8,840 | 851 | 567 | 966 | 1,394 | 6,712 | |||
| Total liabilities: | 29,955 | 6,995 | 7,242 | 6,612 | 9,026 | 13,168 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 53,500 | 52,447 | |||||||
| Other undisclosed equity, attributable to parent | 53,500 | 52,447 | |||||||
| Equity, attributable to noncontrolling interest | 1,245 | 1,082 | |||||||
| Other undisclosed equity | 33,125 | 49,601 | |||||||
| Total equity: | 33,125 | 49,601 | 54,745 | 53,528 | |||||
| Other undisclosed liabilities and equity | 54,779 | 62,261 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 63,080 | 56,596 | 62,021 | 68,873 | 63,771 | 66,696 | |||
Income Statement (P&L) ($ in thousands)
| 7/31/2021 TTM | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 76,030 | 106,827 | 108,472 | 109,918 | 109,606 | 115,660 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 109,606 | 115,660 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (84,998) | (108,812) | (104,380) | (99,488) | (101,112) | (105,248) | ||
| Gross profit: | (8,968) | (1,985) | 4,092 | 10,429 | 8,493 | 10,412 | ||
| Operating expenses | (5,402) | (3,398) | (3,199) | (3,125) | (2,999) | (3,001) | ||
| Operating income (loss): | (14,370) | (5,383) | 894 | 7,305 | 5,494 | 7,411 | ||
| Nonoperating income (expense) | 119 | 205 | 273 | 211 | (300) | (432) | ||
| Investment income, nonoperating | 14 | 78 | 76 | 25 | 1 | 1 | ||
| Other nonoperating income | 358 | 226 | 330 | 399 | 97 | 12 | ||
| Interest and debt expense | (254) | (99) | (132) | (212) | (398) | (445) | ||
| Income (loss) from continuing operations: | (14,505) | (5,277) | 1,035 | 7,304 | 4,796 | 6,535 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (14,505) | (5,277) | 1,035 | 7,304 | 4,796 | 6,535 | |
| Other undisclosed net income | 254 | 99 | 132 | 212 | 398 | 445 | ||
| Net income (loss): | (14,251) | (5,178) | 1,167 | 7,516 | 5,194 | 6,980 | ||
| Net income (loss) attributable to noncontrolling interest | (68) | (278) | (312) | (248) | 245 | (228) | ||
| Net income (loss) attributable to parent: | (14,319) | (5,456) | 855 | 7,268 | 5,439 | 6,751 | ||
| Other undisclosed net loss available to common stockholders, basic | (489) | |||||||
| Net income (loss) available to common stockholders, diluted: | (14,319) | (5,456) | 855 | 7,268 | 4,950 | 6,751 | ||
Comprehensive Income ($ in thousands)
| 7/31/2021 TTM | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (14,251) | (5,178) | 1,167 | 7,516 | 5,194 | 6,980 | ||
| Comprehensive income (loss): | (14,251) | (5,178) | 1,167 | 7,516 | 5,194 | 6,980 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (68) | (278) | (312) | (248) | 245 | (228) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (14,319) | (5,456) | 855 | 7,268 | 5,439 | 6,751 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.