HERON LAKE BIOENERGY, LLC Financial Statements (2026 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)Annual | Quarterly
| 7/31/2021 Q3 | 4/30/2021 Q2 | 1/31/2021 Q1 | 10/31/2020 Q4 | 7/31/2020 Q3 | 4/30/2020 Q2 | 1/31/2020 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,503 | 3,348 | 3,276 | 2,120 | 2,735 | 2,096 | |||
| Cash and cash equivalent | 4,503 | 3,348 | 3,276 | 2,120 | 2,735 | 2,096 | |||
| Receivables | 2,576 | 2,038 | 1,616 | 273 | 126 | 988 | |||
| Inventory, net of allowances, customer advances and progress billings | 9,310 | 8,128 | 7,064 | 3,867 | 7,386 | 7,752 | |||
| Inventory | 9,310 | 8,128 | 7,064 | 3,867 | 7,386 | 7,752 | |||
| Derivative instruments and hedges, assets | 325 | 23 | 15 | 28 | 144 | ||||
| Other undisclosed current assets | 1,898 | 1,366 | 1,296 | 814 | 1,107 | 684 | |||
| Total current assets: | 18,611 | 14,904 | 13,268 | 7,102 | 11,353 | 11,665 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 8,627 | 8,961 | 9,291 | 9,617 | 9,939 | 10,257 | |||
| Property, plant and equipment | 37,987 | 38,890 | 40,188 | 37,602 | 37,272 | 38,175 | |||
| Other noncurrent assets | 333 | 333 | 333 | 697 | 697 | 697 | |||
| Total noncurrent assets: | 46,947 | 48,184 | 49,812 | 47,917 | 47,908 | 49,130 | |||
| TOTAL ASSETS: | 65,558 | 63,088 | 63,080 | 55,019 | 59,262 | 60,794 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,642 | 4,282 | 7,413 | 2,940 | 1,553 | 3,506 | |||
| Accounts payable | 4,166 | 3,844 | 6,916 | 1,834 | 1,027 | 3,125 | |||
| Accrued liabilities | 477 | 438 | 497 | 1,106 | 525 | 381 | |||
| Debt | 2,064 | 19,799 | 12,185 | 3,255 | 2,454 | 2,354 | |||
| Derivative instruments and hedges, liabilities | 144 | 174 | 32 | 242 | 13 | ||||
| Other undisclosed current liabilities | 1,377 | 1,361 | 1,344 | ||||||
| Total current liabilities: | 8,083 | 25,585 | 21,116 | 6,227 | 4,248 | 5,873 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 24,835 | 7,750 | 8,243 | 13,382 | 15,654 | 9,331 | |||
| Long-term debt, excluding current maturities | 17,585 | 149 | 296 | 5,093 | 7,027 | 370 | |||
| Liabilities, other than long-term debt | 620 | 608 | 597 | 585 | 574 | 562 | |||
| Other liabilities | 620 | 608 | 597 | 585 | 574 | 562 | |||
| Operating lease, liability | 7,250 | 7,601 | 7,947 | 8,289 | 8,627 | 8,961 | |||
| Total noncurrent liabilities: | 25,455 | 8,358 | 8,840 | 13,968 | 16,228 | 9,894 | |||
| Total liabilities: | 33,538 | 33,943 | 29,955 | 20,194 | 20,477 | 15,767 | |||
| Equity | |||||||||
| Other undisclosed equity | 33,125 | ||||||||
| Total equity: | 33,125 | ||||||||
| Other undisclosed liabilities and equity | 32,021 | 29,145 | 34,824 | 38,785 | 45,027 | ||||
| TOTAL LIABILITIES AND EQUITY: | 65,558 | 63,088 | 63,080 | 55,019 | 59,262 | 60,794 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 7/31/2021 Q3 | 4/30/2021 Q2 | 1/31/2021 Q1 | 10/31/2020 Q4 | 7/31/2020 Q3 | 4/30/2020 Q2 | 1/31/2020 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 37,033 | 24,441 | 19,580 | 14,165 | 15,605 | 26,680 | ||
| Cost of revenue (Cost of Product and Service Sold) | (33,630) | (27,376) | (18,504) | (17,315) | (21,050) | (28,130) | ||
| Gross profit: | 3,403 | (2,934) | 1,076 | (3,150) | (5,445) | (1,449) | ||
| Operating expenses | (1,033) | (1,088) | (2,757) | (770) | (975) | (899) | ||
| Operating income (loss): | 2,370 | (4,022) | (1,682) | (3,920) | (6,420) | (2,349) | ||
| Nonoperating income (expense) | 506 | 42 | (18) | (41) | 177 | 0 | ||
| Investment income, nonoperating | 1 | 1 | 1 | 1 | 1 | 12 | ||
| Other nonoperating income | 635 | 144 | 119 | 33 | 206 | 0 | ||
| Interest and debt expense | (130) | (102) | (137) | (75) | (30) | (12) | ||
| Income (loss) from continuing operations: | 2,745 | (4,082) | (1,837) | (4,035) | (6,272) | (2,360) | ||
| Income (loss) before gain (loss) on sale of properties: | 2,745 | (4,082) | (1,837) | (4,035) | (6,272) | (2,360) | ||
| Other undisclosed net income | 130 | 102 | 137 | 75 | 30 | 12 | ||
| Net income (loss): | 2,876 | (3,980) | (1,700) | (3,961) | (6,242) | (2,349) | ||
| Net loss attributable to noncontrolling interest | (68) | |||||||
| Net income (loss) available to common stockholders, diluted: | 2,876 | (3,980) | (1,700) | (3,961) | (6,242) | (2,416) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 7/31/2021 Q3 | 4/30/2021 Q2 | 1/31/2021 Q1 | 10/31/2020 Q4 | 7/31/2020 Q3 | 4/30/2020 Q2 | 1/31/2020 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 2,876 | (3,980) | (1,700) | (3,961) | (6,242) | (2,349) | ||
| Comprehensive income (loss): | 2,876 | (3,980) | (1,700) | (3,961) | (6,242) | (2,349) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (68) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 2,876 | (3,980) | (1,700) | (3,961) | (6,242) | (2,416) | ||
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.