SHEPHERD'S FINANCE, LLC Financial Statements (2024 and earlier)
Company Profile
| Business Address |
12276 SAN JOSE BLVD, SUITE 108 JACKSONVILLE, FL 32223 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6153 - Short-Term Business Credit Institutions, Except Agricultural (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,522 | 2,996 | 3,735 | 4,749 | 1,883 | 1,401 | |||
| Cash and cash equivalents | 3,522 | 2,996 | 3,735 | 4,749 | 1,883 | 1,401 | |||
| Receivables | (695) | (2,527) | (2,048) | (1,968) | |||||
| Total current assets: | 2,827 | 469 | 1,687 | 2,781 | 1,883 | 1,401 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 828 | 852 | 875 | 903 | 936 | 1,051 | |||
| Total noncurrent assets: | 828 | 852 | 875 | 903 | 936 | 1,051 | |||
| Other undisclosed assets | 61,179 | 64,151 | 55,053 | 55,585 | 61,518 | 53,358 | |||
| TOTAL ASSETS: | 64,834 | 65,472 | 57,615 | 59,269 | 64,337 | 55,810 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 20,619 | 21,209 | 68,372 | 71,437 | 73,823 | 63,320 | |||
| Total current liabilities: | 20,619 | 21,209 | 68,372 | 71,437 | 73,823 | 63,320 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 37,448 | 36,458 | (17,361) | (17,427) | (16,633) | (13,592) | |||
| Total liabilities: | 58,067 | 57,667 | 51,011 | 54,010 | 57,190 | 49,728 | |||
| Temporary equity, carrying amount | 4,773 | 5,725 | |||||||
| Equity | |||||||||
| Other undisclosed equity | 1,994 | 2,080 | 6,604 | 5,259 | 7,147 | 6,082 | |||
| Total equity: | 1,994 | 2,080 | 6,604 | 5,259 | 7,147 | 6,082 | |||
| TOTAL LIABILITIES AND EQUITY: | 64,834 | 65,472 | 57,615 | 59,269 | 64,337 | 55,810 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8 | 101 | 7,944 | |||||
| Gain (loss) on disposition of assets for financial service operations | 8 | 101 | (102) | (274) | ||||
| Net investment income | 7,944 | (403) | ||||||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (737) | (930) | (588) | (1,805) | (222) | (89) | ||
| Gross profit: | (729) | (829) | 7,356 | (1,805) | (222) | (89) | ||
| Operating expenses | (3,271) | (2,685) | (1,883) | (2,630) | (2,952) | (2,498) | ||
| Operating income (loss): | (4,000) | (3,514) | 5,473 | (4,435) | (3,174) | (2,587) | ||
| Nonoperating income (Other Nonoperating income) | 5,391 | 4,501 | 2,840 | 942 | 4,332 | 3,398 | ||
| Interest and debt expense | (5,524) | (5,106) | 371 | 361 | (5,780) | (4,296) | ||
| Income (loss) from continuing operations: | (4,133) | (4,119) | 8,684 | (3,132) | (4,622) | (3,485) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 8,684 | (3,132) | (4,622) | (3,485) | |
| Other undisclosed net income (loss) | 6,124 | |||||||
| Net income (loss): | 1,991 | (4,119) | 8,684 | (3,132) | (4,622) | (3,485) | ||
| Other undisclosed net income (loss) attributable to parent | 587 | 5,879 | (7,919) | 1,203 | 5,636 | 4,153 | ||
| Net income (loss) attributable to parent: | 2,578 | 1,760 | 765 | (1,929) | 1,014 | 668 | ||
| Preferred stock dividends and other adjustments | (584) | (826) | (701) | (525) | (457) | (292) | ||
| Net income (loss) available to common stockholders, diluted: | 1,994 | 934 | 64 | (2,454) | 557 | 376 | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,991 | (4,119) | 8,684 | (3,132) | (4,622) | (3,485) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,991 | (4,119) | 8,684 | (3,132) | (4,622) | (3,485) | ||
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.