CKX Lands, Inc. (CKX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2417 SHELL BEACH DRIVE LAKE CHARLES, LA 70601 |
| State of Incorp. | LA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,888 | 7,612 | 7,860 | ||||||
| Cash and cash equivalents | 7,383 | 7,109 | 7,357 | ||||||
| Short-term investments | 505 | 503 | 502 | ||||||
| Receivables | 83 | 77 | 126 | 97 | 147 | 48 | |||
| Other undisclosed current assets | 8,507 | 8,336 | 8,182 | 137 | 143 | 94 | |||
| Total current assets: | 8,590 | 8,414 | 8,308 | 8,122 | 7,903 | 8,002 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 9,098 | 9,096 | 9,080 | 9,083 | 9,084 | 9,060 | |||
| Deferred income tax assets | 345 | 379 | 300 | ||||||
| Total noncurrent assets: | 9,443 | 9,475 | 9,380 | 9,083 | 9,084 | 9,060 | |||
| TOTAL ASSETS: | 18,033 | 17,889 | 17,688 | 17,205 | 16,987 | 17,062 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 23 | 31 | 38 | 82 | 76 | 115 | |||
| Other undisclosed accounts payable and accrued liabilities | 23 | 31 | 38 | 82 | 76 | 115 | |||
| Deferred revenue | 94 | 149 | 230 | 121 | 106 | 148 | |||
| Total current liabilities: | 116 | 180 | 267 | 204 | 182 | 263 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 188 | 188 | 188 | ||||||
| Deferred income tax liabilities | 188 | 188 | 188 | ||||||
| Total noncurrent liabilities: | 188 | 188 | 188 | ||||||
| Total liabilities: | 116 | 180 | 267 | 392 | 370 | 451 | |||
| Equity | |||||||||
| Equity, attributable to parent | 17,917 | 17,709 | 17,420 | 16,814 | 16,617 | 16,611 | |||
| Common stock | 59 | 59 | 59 | 59 | 59 | 59 | |||
| Treasury stock, value | (177) | (177) | (177) | (177) | (131) | ||||
| Additional paid in capital | 2,939 | 2,835 | 2,309 | 708 | 414 | ||||
| Retained earnings | 15,095 | 14,991 | 15,229 | 16,223 | 16,275 | 16,552 | |||
| Total equity: | 17,917 | 17,709 | 17,420 | 16,814 | 16,617 | 16,611 | |||
| TOTAL LIABILITIES AND EQUITY: | 18,033 | 17,889 | 17,688 | 17,205 | 16,987 | 17,062 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 370 | 166 | 283 | 330 | 310 | 182 | ||
| Cost of revenue | (14) | (11) | (39) | (22) | (18) | (12) | ||
| Gross profit: | 356 | 155 | 244 | 308 | 292 | 170 | ||
| Operating expenses | (254) | (497) | (1,682) | (406) | (597) | (172) | ||
| Operating income (loss): | 102 | (343) | (1,438) | (97) | (305) | (2) | ||
| Nonoperating income (Investment Income, Nonoperating) | 36 | 26 | 20 | 9 | 4 | 3 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 138 | (317) | (1,418) | (88) | (301) | 1 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (2) | 0 | 3 | |||||
| Income (loss) from continuing operations before income taxes: | 138 | (317) | (1,420) | (88) | (301) | 4 | ||
| Income tax expense (benefit) | (34) | 79 | 425 | 37 | 25 | 1 | ||
| Income (loss) from continuing operations: | 103 | (238) | (994) | (52) | (277) | 5 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (52) | (277) | 5 | |
| Net income (loss) available to common stockholders, diluted: | 103 | (238) | (994) | (52) | (277) | 5 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 103 | (238) | (994) | (52) | (277) | 5 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 103 | (238) | (994) | (52) | (277) | 5 | ||
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.