Micropac Industries Inc (MPAD) financial statements (2022 and earlier)
Company profile
| Business Address |
905 E WALNUT ST GARLAND, TX 75040 |
| State of Incorp. | DE |
| Fiscal Year End | November 30 |
| SIC | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 11/30/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | 11/30/2017 | 11/30/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 15,252 | 14,619 | 15,979 | 12,541 | 11,419 | 12,026 | ||
| Cash and cash equivalents | 15,252 | 14,619 | 13,890 | 10,483 | 9,388 | 10,012 | ||
| Short-term investments | 2,089 | 2,058 | 2,031 | 2,014 | ||||
| Receivables | 4,974 | 2,639 | 3,382 | 3,772 | 3,462 | |||
| Inventory, net of allowances, customer advances and progress billings | 8,684 | 9,137 | 7,403 | 6,578 | 5,865 | 7,617 | ||
| Inventory | 8,684 | 9,137 | 7,403 | 6,578 | 5,865 | 7,617 | ||
| Prepaid expense | 407 | 227 | 521 | |||||
| Contract with customer, asset | 603 | 512 | 519 | ✕ | ✕ | |||
| Other undisclosed current assets | 341 | 715 | 212 | 511 | 274 | 3,019 | ||
| Total current assets: | 29,854 | 27,622 | 27,495 | 23,809 | 21,247 | 23,183 | ||
| Noncurrent Assets | ||||||||
| Inventory, real estate | 1,109 | |||||||
| Property, plant and equipment | 10,837 | 3,935 | 3,649 | 3,780 | 3,804 | 2,186 | ||
| Other undisclosed noncurrent assets | 67 | 144 | 57 | 203 | (1,109) | |||
| Total noncurrent assets: | 10,904 | 4,079 | 3,649 | 3,837 | 4,007 | 2,186 | ||
| TOTAL ASSETS: | 40,758 | 31,701 | 31,144 | 27,646 | 25,254 | 25,369 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 363,077 | 364,090 | 1,155 | 512 | 710 | |||
| Accounts payable | 843 | 851 | 707 | 372 | 612 | |||
| Accrued liabilities | 2,234 | 26 | 123 | 140 | 98 | |||
| Employee-related liabilities | 360,000 | 363,000 | 325 | |||||
| Taxes payable | 213 | |||||||
| Other undisclosed current liabilities | 5,092 | (360,960) | (361,219) | 1,748 | 1,182 | 1,830 | ||
| Total current liabilities: | 5,092 | 2,117 | 2,871 | 2,903 | 1,694 | 2,540 | ||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 417 | |||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 417 | ||||
| Total noncurrent liabilities: | 417 | |||||||
| Total liabilities: | 5,092 | 2,117 | 2,871 | 2,903 | 1,694 | 2,957 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 32,267 | 29,467 | 28,253 | 24,473 | 23,560 | 22,412 | ||
| Common stock | 308 | 308 | 308 | 308 | 308 | 308 | ||
| Treasury stock, value | (1,250) | (1,250) | (1,250) | (1,250) | (1,250) | 1,250 | ||
| Additional paid in capital | 885 | 885 | 885 | 885 | 885 | 885 | ||
| Deferred compensation equity | (981) | (1,287) | (747) | (704) | (454) | |||
| Retained earnings | 32,324 | 29,524 | 28,310 | 24,800 | 23,617 | 22,469 | ||
| Other undisclosed stockholders' equity attributable to parent | 981 | 1,287 | 477 | 704 | (2,046) | |||
| Total stockholders' equity: | 32,267 | 29,467 | 28,253 | 24,473 | 23,560 | 22,412 | ||
| Other undisclosed liabilities and equity | 3,399 | 117 | 20 | 270 | ||||
| TOTAL LIABILITIES AND EQUITY: | 40,758 | 31,701 | 31,144 | 27,646 | 25,254 | 25,369 | ||
Income statement (P&L) ($ in thousands)
| 11/30/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | 11/30/2017 | 11/30/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 27,292 | 22,274 | 27 | 44 | 19,783 | 17,657 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 19,725 | 17,599 | |
| Other income | (171) | 22 | 27 | 44 | 58 | 58 | |
| Cost of revenue | (691,211) | (204,325) | (739,753) | (26,308) | |||
| Cost of goods and services sold | (15,211) | 13,675 | (13,753) | (13,001) | |||
| Provision for loan, lease, and other losses | (676,000) | (218,000) | (726,000) | 19 | ✕ | ✕ | |
| Gross profit: | (663,919) | (182,051) | (739,726) | (26,264) | 19,783 | 17,657 | |
| Operating expenses | (7,950) | 6,997 | 7,380 | 6,652 | (5,949) | 5,285 | |
| Other undisclosed operating income (loss) | 675,755 | 176,679 | 736,663 | 20,924 | (12,234) | (22,653) | |
| Operating income: | 3,886 | 1,625 | 4,317 | 1,312 | 1,600 | 289 | |
| Income from continuing operations before income taxes: | 3,886 | 1,625 | 4,317 | 1,312 | 1,600 | 289 | |
| Income tax expense (benefit) | (260,171) | (663,789) | 38 | (271) | (110) | ||
| Income (loss) before gain (loss) on sale of properties: | 3,886 | (258,546) | (659,472) | 1,350 | 1,329 | 179 | |
| Other undisclosed net income | 260,018 | 663,185 | 91 | 77 | 56 | ||
| Net income: | 3,886 | 1,472 | 3,713 | 1,441 | 1,406 | 235 | |
| Other undisclosed net loss attributable to parent | (828) | ||||||
| Net income available to common stockholders, diluted: | 3,058 | 1,472 | 3,713 | 1,441 | 1,406 | 235 | |
Comprehensive Income ($ in thousands)
| 11/30/2021 | 11/30/2020 | 11/30/2019 | 11/30/2018 | 11/30/2017 | 11/30/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 3,886 | 1,472 | 3,713 | 1,441 | 1,406 | 235 | |
| Comprehensive income, net of tax, attributable to parent: | 3,886 | 1,472 | 3,713 | 1,441 | 1,406 | 235 | |
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.