Eaco Corp (EACO) Financial Statements (2024 and earlier)

Company Profile

Business Address 5065 E HUNTER AVE
ANAHEIM, CA 92807
State of Incorp. FL
Fiscal Year End August 31
Industry (SIC) 5065 - Electronic Parts and Equipment, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

2/29/2024
MRQ
11/30/2023
MRQ
8/31/2023
8/31/2022
8/31/2021
8/31/2020
8/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,4998,55817,3864,4556,0794,692
Cash and cash equivalents6,4998,55817,3864,4556,0794,692
Restricted cash and investments101010102,916655
Receivables46,05146,65444,63733,92929,66731,655
Inventory, net of allowances, customer advances and progress billings60,25656,27048,80840,44839,54537,259
Inventory60,25656,27048,80840,44839,54537,259
Other undisclosed current assets8,37531,0718,93310,5216,4626,107
Total current assets:121,191142,563119,77489,36384,66980,368
Noncurrent Assets
Operating lease, right-of-use asset4,2169,98810,38911,08411,512 
Property, plant and equipment  8,0418,4798,2698,8483,717
Other noncurrent assets1,7601,6521,0391,6691,4241,938
Other undisclosed noncurrent assets35,519    6,855
Total noncurrent assets:41,49519,68119,90721,02221,78412,510
TOTAL ASSETS:162,686162,244139,681110,385106,45392,878
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities14,11822,50521,76216,41316,53521,138
Accounts payable  22,50521,76216,41316,53521,138
Accrued liabilities1,806     
Other undisclosed accounts payable and accrued liabilities12,312     
Debt7,6384,4684,5844,6984,807342
Disposal group, including discontinued operation  1201191135,1005,484
Other liabilities     2,916655
Other undisclosed current liabilities24,03815,85713,8119,3624,3187,955
Total current liabilities:45,79442,95040,27630,58633,67635,574
Noncurrent Liabilities
Long-term debt and lease obligation4,3174,34811,65712,67713,9586,114
Long-term debt, excluding current maturities4,3174,3484,4654,5854,8076,114
Liabilities, other than long-term debt2,2256,225    
Operating lease, liability2,2256,2257,1928,0929,151 
Other undisclosed noncurrent liabilities   (7,192)(8,092)(9,151) 
Total noncurrent liabilities:6,54210,57311,65712,67713,9586,114
Total liabilities:52,33653,52351,93343,26347,63441,688
Equity
Equity, attributable to parent110,350108,72187,74867,12258,81951,190
Preferred stock111111
Common stock494949494949
Additional paid in capital12,37812,37812,37812,37812,37812,378
Accumulated other comprehensive income (loss)(93)38174780788876
Retained earnings98,01596,25575,14653,91445,60337,886
Total equity:110,350108,72187,74867,12258,81951,190
TOTAL LIABILITIES AND EQUITY:162,686162,244139,681110,385106,45392,878

Income Statement (P&L) ($ in thousands)

2/29/2024
TTM
11/30/2023
TTM
8/31/2023
8/31/2022
8/31/2021
8/31/2020
8/31/2019
Revenues323,333319,397292,562237,962225,245221,241
Cost of revenue(229,008)(226,981)(209,060)(177,177)(163,868)(160,008)
Gross profit:94,32592,41683,50260,78561,37761,233
Operating expenses(70,374)(64,936)(53,970)(48,072)(50,936)(48,213)
Operating income:23,95127,48029,53212,71310,44113,020
Nonoperating income (expense)7781,225(414)(1,033)526(48)
Income from continuing operations before income taxes:24,72928,70529,11811,68010,96712,972
Income tax expense(6,476)(7,520)(7,810)(3,293)(3,174)(3,540)
Income from continuing operations:18,25321,18521,3088,3877,7939,432
Income before gain (loss) on sale of properties:21,3088,3877,7939,432
Net income attributable to parent:18,25321,18521,3088,3877,7939,432
Preferred stock dividends and other adjustments(76)(76)(76)(76)(76)(76)
Net income available to common stockholders, diluted:18,17721,10921,2328,3117,7179,356

Comprehensive Income ($ in thousands)

2/29/2024
TTM
11/30/2023
TTM
8/31/2023
8/31/2022
8/31/2021
8/31/2020
8/31/2019
Net income:18,25321,18521,3088,3877,7939,432
Comprehensive income:18,25321,18521,3088,3877,7939,432
Other undisclosed comprehensive loss, net of tax, attributable to parent(181)(136)(606)(8)(88)(52)
Comprehensive income, net of tax, attributable to parent:18,07221,04920,7028,3797,7059,380

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.

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