Canterbury Park Holding Corporation (CPHC) financial statements (2022 and earlier)

Company profile

Business Address 1100 CANTERBURY ROAD S.
SHAKOPEE, MN 55379
State of Incorp. MN
Fiscal Year End December 31
SIC 7948 - Racing, Including Track Operation (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11,870 4595,1029,0946,504
Cash and cash equivalents11,870 3554,8958,8886,299
Short-term investments  104207206206
Restricted cash and investments3,7294,4722,3095,0593,1371,990
Receivables1,6734,2633021,7222,3272,869
Inventory, net of allowances, customer advances and progress billings248219390297263248
Inventory248219390297263248
Prepaid expense581499501625589467
Other undisclosed current assets6,293     
Total current assets:24,3959,4523,96212,80515,41012,079
Noncurrent Assets
Finance lease, right-of-use asset4672 
Operating lease, right-of-use asset234575
Nontrade receivables12,50311,8899,709   
Property, plant and equipment34,36133,50743,83438,13136,96235,379
Long-term investments and receivables8,5699,0576,5227,2822,1432,143
Long-term investments6,3907,5152,9932,995  
Accounts and financing receivable, after allowance for credit loss   1,0792,1432,143
Due from related parties2,1791,5423,5293,208  
Prepaid expense67     
Deposits noncurrent assets305050502325
Restricted cash and investments  1,2631,250  
Other undisclosed noncurrent assets3,0714,734 1,908  
Total noncurrent assets:58,66859,35361,45148,62139,12737,546
TOTAL ASSETS:83,06268,80565,41361,42654,53749,625
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8,1087,2366,1957,1745,4155,940
Accounts payable2,3062,9543,4953,5872,8543,160
Accrued liabilities3,2572,328    
Employee-related liabilities1,7701,1502,2542,2682,2911,632
Taxes payable7748051211,0014932
Interest and dividends payable  324317265216
Deferred revenue7334361,482
Debt27265423  
Due to related parties    174105
Deferred revenue and credits905 
Other undisclosed current liabilities9462,3973,7443,4264,3242,672
Total current liabilities:9,81410,09511,47610,62310,8188,717
Noncurrent Liabilities
Long-term debt and lease obligation196911798  
Finance lease, liability194672
Capital lease obligations98  
Operating lease, liability 2345
Liabilities, other than long-term debt7,6717,3484,4043,9703,0024,357
Deferred tax liabilities, net3,9703,0024,357
Deferred income tax liabilities7,6717,3484,404
Other undisclosed noncurrent liabilities1,205     
Total noncurrent liabilities:8,8957,4174,5214,0683,0024,357
Total liabilities:18,70917,51215,99714,69213,82013,074
Stockholders' equity
Stockholders' equity attributable to parent64,35351,29349,41646,73440,71736,551
Common stock484746454443
Additional paid in capital24,89523,63222,73421,42119,86518,780
Retained earnings39,41127,61426,63625,26820,80817,727
Total stockholders' equity:64,35351,29349,41646,73440,71736,551
TOTAL LIABILITIES AND EQUITY:83,06268,80565,41361,42654,53749,625

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues60,40033,14059,22759,14256,95352,460
Revenue, net39,77436,968
Cost of revenue(32,102)(27,512)(42,979)(14,931)(16,666)(10,865)
Cost of goods and services sold    (5,125)(5,168)
Gross profit:28,2985,62816,24844,21140,28741,595
Operating expenses(10,780)(7,370)(12,612)(36,563)(35,766)(34,454)
Other undisclosed operating income (loss)2642,368(0)(0)  
Operating income:17,7816263,6367,6474,5217,141
Nonoperating income (expense)(1,984)(815)3276250(21)
Investment income, nonoperating719664    
Other nonoperating income  327625030
Interest and debt expense (24)   (51)
Other undisclosed income from continuing operations before equity method investments, income taxes     51
Income (loss) from continuing operations before equity method investments, income taxes:15,798(213)3,9637,7084,5717,120
Other undisclosed income from continuing operations before income taxes 24    
Income (loss) from continuing operations before income taxes:15,798(189)3,9637,7084,5717,120
Income tax expense (benefit)(3,999)1,251(1,244)(1,990)(480)(2,924)
Net income available to common stockholders, diluted:11,7981,0622,7185,7184,0914,196

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:11,7981,0622,7185,7184,0914,196
Comprehensive income, net of tax, attributable to parent:11,7981,0622,7185,7184,0914,196

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: