Parks America Inc (PRKA) financial statements (2021 and earlier)

Company profile

Business Address 1300 OAK GROVE RD
PINE MOUNTAIN, GA 31822
State of Incorp. NV
Fiscal Year End September 30
SIC 799 - Miscellaneous Amusement And Recreation (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,5483,7882,6743,2041,483563662
Cash and cash equivalents3,5483,7882,6743,2041,483563662
Inventory, net of allowances, customer advances and progress billings223195240157108139136
Inventory223195240157108139136
Prepaid expense222148132310888888
Other undisclosed current assets    456456 
Total current assets:3,9934,1313,0463,6712,1351,247886
Noncurrent Assets
Property, plant and equipment6,6456,6206,6156,4656,4336,3636,118
Intangible assets, net (including goodwill)0112151159169
Intangible assets, net (excluding goodwill)0112151159169
Other noncurrent assets1212129   
Deferred tax assets, net 160   
Other undisclosed noncurrent assets    78699
Total noncurrent assets:6,6586,6336,6286,6377,3706,5306,295
TOTAL ASSETS:10,65110,7639,67410,3089,5047,7767,182
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities419692138397446312
Accounts payable41969213824141119
Accrued liabilities    372304193
Debt207204195111115109103
Due to related parties      135
Other liabilities466384219281231247 
Other undisclosed current liabilities      169
Total current liabilities:714685507530743802719
Noncurrent Liabilities
Long-term debt and lease obligation1,1011,1541,3582,990  3,492
Long-term debt, excluding current maturities1,1011,1541,3582,990  3,492
Other undisclosed noncurrent liabilities    3,2513,374 
Total noncurrent liabilities:1,1011,1541,3582,9903,2513,3743,492
Total liabilities:1,8151,8391,8653,5213,9944,1764,211
Stockholders' equity
Stockholders' equity attributable to parent, including:8,8358,9257,8106,7875,5103,6002,971
Common stock75757575757474
Treasury stock, value(3)(3)(3)(3)333
Additional paid in capital4,8564,8564,8374,8264,8104,8024,797
Retained earnings (accumulated deficit)3,9083,9972,9011,890629(1,272)(1,897)
Other undisclosed stockholders' equity attributable to parent    (7)(7)(7)
Total stockholders' equity:8,8358,9257,8106,7875,5103,6002,971
TOTAL LIABILITIES AND EQUITY:10,65110,7639,67410,3089,5047,7767,182

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

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Revenues6,1636,1846,0476,2385,0264,3794,010
Revenue, net6,2384,9644,3403,943
Cost of revenue(805)  (608)(543)(531)(501)
Cost of goods and services sold(348)  (608)   
Other cost of operating revenue(457)      
Other undisclosed gross profit794      
Gross profit:6,1516,1846,0475,6304,4833,8483,509
Operating expenses(3,501)(3,432)(3,238)(3,099)(2,976)(2,933)(2,971)
Other undisclosed operating loss(1,208)(1,208)(1,098)(386)(92)(21)(321)
Operating income:1,4431,5441,7112,1451,416893218
Nonoperating income28272091218 
Investment income, nonoperating(17)(33)(32)(18)12  
Loss on condemnation(80)(80)     
Loss from catastrophes(5)(56)     
Other nonoperating income    98 
Interest and debt expense(74)(76)(308)(200)(204)216210
Other undisclosed loss from continuing operations before equity method investments, income taxes     (443) 
Income from continuing operations before equity method investments, income taxes:1,3971,4951,4232,0361,233675428
Other undisclosed loss from continuing operations before income taxes      (423)
Income from continuing operations before income taxes:1,3971,4951,4232,0361,2336755
Income tax expense (benefit)(374)(399)(411)(775)691(51)(13)
Income (loss) before gain (loss) on sale of properties:1,0231,0971,0111,2611,924625(8)
Other undisclosed net loss    (22)  
Net income (loss) available to common stockholders, diluted:1,0231,0971,0111,2611,902625(8)

Comprehensive Income ($ in thousands)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Net income (loss):1,0231,0971,0111,2611,902625(8)
Comprehensive income (loss), net of tax, attributable to parent:1,0231,0971,0111,2611,902625(8)

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.

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