Parks America Inc (PRKA) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1300 OAK GROVE RD PINE MOUNTAIN, GA 31822 |
| State of Incorp. | NV |
| Fiscal Year End | September 30 |
| Industry (SIC) | 799 - Miscellaneous Amusement And Recreation (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2022 | 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,472 | 5,875 | 6,654 | 5,506 | 3,788 | 2,674 | 3,204 | ||
| Cash and cash equivalents | 5,472 | 5,875 | 6,654 | 5,506 | 3,788 | 2,674 | 3,204 | ||
| Receivables | 4 | 7 | 4 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 542 | 461 | 314 | 201 | 195 | 240 | 157 | ||
| Inventory | 542 | 461 | 314 | 201 | 195 | 240 | 157 | ||
| Prepaid expense | 171 | 324 | 175 | 149 | 148 | 132 | 310 | ||
| Total current assets: | 6,189 | 6,667 | 7,148 | 5,855 | 4,131 | 3,046 | 3,671 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 310 | ✕ | ✕ | ||||||
| Property, plant and equipment | 14,812 | 13,905 | 13,807 | 13,655 | 6,620 | 6,615 | 6,465 | ||
| Intangible assets, net (including goodwill), including: | 80 | 11 | 11 | 1 | 1 | 2 | |||
| Intangible assets, net (excluding goodwill) | 1 | 1 | 2 | ||||||
| Other undisclosed intangible assets, net (including goodwill) | 80 | 11 | 11 | ||||||
| Other noncurrent assets | 23 | 16 | 16 | 12 | 12 | 12 | 9 | ||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | 160 | |||
| Total noncurrent assets: | 14,914 | 14,241 | 13,834 | 13,667 | 6,633 | 6,628 | 6,637 | ||
| TOTAL ASSETS: | 21,104 | 20,908 | 20,982 | 19,522 | 10,763 | 9,674 | 10,308 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 268 | 305 | 221 | 178 | 96 | 92 | 138 | ||
| Accounts payable | 268 | 305 | 221 | 178 | 96 | 92 | 138 | ||
| Debt | 733 | 863 | 699 | 1,221 | 204 | 195 | 111 | ||
| Other liabilities | 522 | 662 | 531 | 599 | 384 | 219 | 281 | ||
| Total current liabilities: | 1,522 | 1,830 | 1,452 | 1,999 | 685 | 507 | 530 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 4,227 | 4,930 | 4,960 | 5,797 | 1,154 | 1,358 | 2,990 | ||
| Long-term debt, excluding current maturities | 4,227 | 4,780 | 4,960 | 5,797 | 1,154 | 1,358 | 2,990 | ||
| Finance lease, liability | 150 | ✕ | ✕ | ||||||
| Total noncurrent liabilities: | 4,227 | 4,930 | 4,960 | 5,797 | 1,154 | 1,358 | 2,990 | ||
| Total liabilities: | 5,750 | 6,760 | 6,412 | 7,796 | 1,839 | 1,865 | 3,521 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 15,354 | 14,148 | 14,570 | 11,726 | 8,925 | 7,810 | 6,787 | ||
| Common stock | 75 | 75 | 75 | 75 | 75 | 75 | 75 | ||
| Treasury stock, value | (3) | (3) | (3) | (3) | (3) | (3) | |||
| Additional paid in capital | 4,988 | 4,934 | 4,934 | 4,889 | 4,856 | 4,837 | 4,826 | ||
| Retained earnings | 10,291 | 9,142 | 9,563 | 6,765 | 3,997 | 2,901 | 1,890 | ||
| Total stockholders' equity: | 15,354 | 14,148 | 14,570 | 11,726 | 8,925 | 7,810 | 6,787 | ||
| TOTAL LIABILITIES AND EQUITY: | 21,104 | 20,908 | 20,982 | 19,522 | 10,763 | 9,674 | 10,308 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2022 | 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 10,741 | 11,580 | 11,862 | 9,507 | 6,184 | 6,047 | 6,238 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 6,238 | |
| Cost of revenue | (1,447) | (1,345) | (1,489) | (608) | ||||
| Cost of goods and services sold | (357) | (608) | ||||||
| Other cost of operating revenue | (1,447) | (1,089) | ||||||
| Gross profit: | 9,295 | 10,235 | 10,373 | 9,507 | 6,184 | 6,047 | 5,630 | |
| Operating expenses | (7,994) | (6,570) | (5,818) | (4,144) | (3,432) | (3,238) | (3,099) | |
| Other undisclosed operating loss | (100) | (789) | (794) | (1,514) | (1,208) | (1,098) | (386) | |
| Operating income: | 1,201 | 2,876 | 3,761 | 3,849 | 1,544 | 1,711 | 2,145 | |
| Nonoperating income | 91 | 78 | 65 | 28 | 27 | 20 | 91 | |
| Investment income, nonoperating | (36) | (90) | (29) | (33) | (32) | (18) | ||
| Gain (loss) on condemnation | 24 | (80) | ||||||
| Loss from catastrophes | (56) | |||||||
| Other nonoperating income | 91 | 27 | 65 | |||||
| Interest and debt expense | (262) | (123) | (146) | (183) | (76) | (308) | (200) | |
| Income from continuing operations before income taxes: | 1,030 | 2,830 | 3,681 | 3,694 | 1,495 | 1,423 | 2,036 | |
| Income tax expense | (303) | (681) | (882) | (926) | (399) | (411) | (775) | |
| Net income available to common stockholders, diluted: | 727 | 2,149 | 2,799 | 2,767 | 1,097 | 1,011 | 1,261 | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2022 | 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 727 | 2,149 | 2,799 | 2,767 | 1,097 | 1,011 | 1,261 | |
| Comprehensive income, net of tax, attributable to parent: | 727 | 2,149 | 2,799 | 2,767 | 1,097 | 1,011 | 1,261 | |
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.