Maui Land & Pineapple Company, Inc. (MLP) financial statements (2022 and earlier)
Company profile
| Business Address |
200 VILLAGE ROAD LAHAINA, HI 96761 |
| State of Incorp. | HI |
| Fiscal Year End | December 31 |
| SIC | 65 - Real Estate (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 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,596 | 869 | 683 | 624 | 1,029 | 602 | 1,087 | ||
| Cash and cash equivalents | 5,596 | 869 | 683 | 624 | 1,029 | 602 | 1,087 | ||
| Receivables | 1,103 | 1,362 | 1,173 | 3,396 | 940 | 1,503 | 1,528 | ||
| Disposal group, including discontinued operation | 3,144 | 7,440 | 7,597 | 212 | 212 | 459 | 262 | ||
| Other undisclosed current assets | 333 | 80 | 101 | 37 | 159 | 190 | 208 | ||
| Total current assets: | 10,176 | 9,751 | 9,554 | 4,269 | 2,340 | 2,754 | 3,085 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 16,998 | 18,511 | 19,719 | 29,221 | 30,679 | 25,744 | 32,518 | ||
| Other noncurrent assets | 10,745 | 10,208 | 9,846 | 14,610 | 11,782 | 10,385 | 10,996 | ||
| Total noncurrent assets: | 27,743 | 28,719 | 29,565 | 43,831 | 42,461 | 36,129 | 43,514 | ||
| TOTAL ASSETS: | 37,919 | 38,470 | 39,119 | 48,100 | 44,801 | 38,883 | 46,599 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 864 | 1,229 | 1,686 | 2,838 | 1,480 | 1,619 | 2,189 | ||
| Accounts payable | 580 | 899 | 1,356 | 2,024 | 696 | 569 | 675 | ||
| Employee-related liabilities | 284 | 330 | 330 | 814 | 784 | 607 | 396 | ||
| Taxes payable | 443 | 473 | |||||||
| Interest and dividends payable | 645 | ||||||||
| Deferred revenue | 217 | 260 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 200 | 1,235 | 40,565 | ||||||
| Other liabilities | 509 | 453 | 503 | 460 | 203 | 604 | 727 | ||
| Other undisclosed current liabilities | 807 | 805 | 763 | 165 | 164 | 175 | 378 | ||
| Total current liabilities: | 2,397 | 2,947 | 2,952 | 4,698 | 1,847 | 2,398 | 43,859 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,035 | 1,235 | 6,857 | ||||||
| Long-term debt, excluding current maturities | 1,035 | 1,235 | 6,857 | ||||||
| Liabilities, other than long-term debt | 7,990 | 11,009 | 12,440 | 12,483 | 10,575 | 11,886 | 13,679 | ||
| Customer advances or deposits | ✕ | ✕ | ✕ | ✕ | 2,449 | 2,378 | 2,400 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 215 | 409 | 811 | ||
| Deferred revenue | 2,674 | ✕ | ✕ | ✕ | ✕ | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | 2,558 | ✕ | ✕ | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 7,937 | 10,926 | 9,702 | 9,871 | 7,867 | 9,059 | 10,252 | ||
| Other liabilities | 53 | 83 | 64 | 54 | 44 | 40 | 216 | ||
| Other undisclosed noncurrent liabilities | 3,942 | 4,447 | |||||||
| Total noncurrent liabilities: | 11,932 | 15,456 | 13,475 | 12,483 | 11,810 | 18,743 | 13,679 | ||
| Total liabilities: | 14,329 | 18,403 | 16,427 | 17,181 | 13,657 | 21,141 | 57,538 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 23,590 | 20,067 | 22,692 | 30,919 | 31,144 | 17,742 | (10,939) | ||
| Common stock | 82,378 | 81,485 | 80,606 | 79,411 | 78,584 | 78,123 | 77,628 | ||
| Additional paid in capital | 9,184 | 9,184 | 9,184 | 9,246 | 9,246 | 9,246 | 9,246 | ||
| Accumulated other comprehensive loss | (15,648) | (21,698) | (20,798) | (21,804) | (20,254) | (22,295) | (28,667) | ||
| Accumulated deficit | (52,324) | (48,904) | (46,300) | (35,934) | (36,432) | (47,332) | (69,146) | ||
| Total stockholders' equity: | 23,590 | 20,067 | 22,692 | 30,919 | 31,144 | 17,742 | (10,939) | ||
| TOTAL LIABILITIES AND EQUITY: | 37,919 | 38,470 | 39,119 | 48,100 | 44,801 | 38,883 | 46,599 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,443 | 7,540 | 10,045 | 11,037 | 24,377 | 47,364 | 22,786 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 24,377 | 47,364 | 22,786 | |
| Operating lease, lease income | 8,103 | 5,948 | 8,148 | ✕ | ✕ | ✕ | ✕ | |
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | 6,223 | ✕ | ✕ | ✕ | |
| Cost of revenue (Cost of Goods and Services Sold) | (2,444) | (947) | (756) | |||||
| Gross profit: | 12,443 | 7,540 | 10,045 | 11,037 | 21,933 | 46,417 | 22,030 | |
| Operating expenses | (13,150) | (14,868) | (13,287) | (23,894) | (13,454) | |||
| Other undisclosed operating income (loss) | (10,806) | (10,092) | 2,309 | 2,444 | 947 | 756 | ||
| Operating income (loss): | 1,637 | (2,552) | (796) | (3,831) | 11,090 | 23,470 | 9,332 | |
| Nonoperating income (Other Nonoperating income) | 13 | 894 | ||||||
| Income (loss) from continuing operations before income taxes: | 1,650 | (1,658) | (796) | (3,831) | 11,090 | 23,470 | 9,332 | |
| Income tax expense (benefit) | (4,999) | 4,999 | ||||||
| Income (loss) from continuing operations: | 1,650 | (1,658) | (5,795) | 1,168 | 11,090 | 23,470 | 9,332 | |
| Income (loss) from discontinued operations | (176) | (141) | 540 | |||||
| Net income (loss): | 1,474 | (1,799) | (5,255) | 1,168 | 11,090 | 23,470 | 9,332 | |
| Other undisclosed net loss attributable to parent | (4,894) | (805) | (5,111) | (670) | (190) | (1,656) | (2,519) | |
| Net income (loss) available to common stockholders, diluted: | (3,420) | (2,604) | (10,366) | 498 | 10,900 | 21,814 | 6,813 | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,474 | (1,799) | (5,255) | 1,168 | 11,090 | 23,470 | 9,332 | |
| Comprehensive income (loss): | 1,474 | (1,799) | (5,255) | 1,168 | 11,090 | 23,470 | 9,332 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,156 | (1,705) | (4,105) | (2,220) | 1,851 | 4,716 | (5,612) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 2,630 | (3,504) | (9,360) | (1,052) | 12,941 | 28,186 | 3,720 | |
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.