Raven Industries, Inc. (RAVN) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
205 E 6TH ST SIOUX FALLS, SD 57117 |
| State of Incorp. | SD |
| Fiscal Year End | January 31 |
| Industry (SIC) | 3081 - Unsupported Plastics Film and Sheet (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 7/31/2021 MRQ | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 32,938 | 20,707 | 65,787 | 40,535 | 50,648 | 33,782 | |||
| Cash and cash equivalents | 32,938 | 20,707 | 65,787 | 40,535 | 50,648 | 33,782 | |||
| Receivables | 48,669 | 62,552 | 54,472 | 58,532 | 43,143 | 38,069 | |||
| Inventory, net of allowances, customer advances and progress billings | 52,703 | 53,899 | 54,076 | 55,351 | 42,336 | 45,888 | |||
| Inventory | 52,703 | 53,899 | 54,076 | 55,351 | 42,336 | 45,888 | |||
| Other current assets | 5,776 | 5,436 | 8,736 | 5,861 | 2,689 | 4,884 | |||
| Other undisclosed current assets | 3,110 | ||||||||
| Total current assets: | 140,086 | 142,594 | 183,071 | 160,279 | 138,816 | 125,733 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 106,007 | 100,850 | 106,615 | 106,280 | 106,324 | 116,162 | |||
| Intangible assets, net (including goodwill) | 152,262 | 152,726 | 67,235 | 57,294 | 52,697 | 60,588 | |||
| Goodwill | 107,677 | 106,509 | 50,942 | 46,710 | 40,649 | 44,756 | |||
| Intangible assets, net (excluding goodwill) | 44,585 | 46,217 | 16,293 | 10,584 | 12,048 | 15,832 | |||
| Other noncurrent assets | 11,016 | 7,087 | 3,324 | 2,950 | 3,672 | 4,127 | |||
| Total noncurrent assets: | 269,285 | 260,663 | 177,174 | 166,524 | 162,693 | 180,877 | |||
| TOTAL ASSETS: | 409,371 | 403,257 | 360,245 | 326,803 | 301,509 | 306,610 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 49,040 | 35,636 | 31,750 | 35,052 | 26,522 | 18,080 | |||
| Accounts payable | 18,639 | 14,893 | 8,272 | 13,106 | 8,467 | 6,038 | |||
| Accrued liabilities | 30,401 | 20,743 | 23,478 | 21,946 | 18,055 | 12,042 | |||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 1,890 | 1,860 | 739 | ||
| Other liabilities | 2,998 | 2,287 | |||||||
| Other undisclosed current liabilities | 1,303 | ||||||||
| Total current liabilities: | 52,038 | 37,923 | 33,053 | 36,942 | 28,382 | 18,819 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 23,997 | 29,161 | 20,611 | 15,805 | 13,696 | 18,926 | |||
| Other liabilities | 23,997 | 29,161 | 18,235 | 13,795 | 13,696 | 18,926 | |||
| Business combination, contingent consideration, liability | 2,376 | 2,010 | |||||||
| Other undisclosed noncurrent liabilities | 1,981 | 225 | (16,759) | (15,533) | (13,482) | ||||
| Total noncurrent liabilities: | 25,978 | 29,386 | 3,852 | 272 | 214 | 18,926 | |||
| Other undisclosed liabilities | 14,383 | 13,523 | 13,482 | ||||||
| Total liabilities: | 78,016 | 67,309 | 51,288 | 50,737 | 42,078 | 37,745 | |||
| Temporary equity, carrying amount | 21,302 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent | 331,355 | 314,646 | 308,955 | 276,064 | 259,426 | 268,791 | |||
| Common stock | 67,533 | 67,436 | 67,289 | 67,124 | 67,060 | 67,006 | |||
| Treasury stock, value | (111,183) | (111,183) | (100,402) | (100,402) | (90,402) | (82,700) | |||
| Additional paid in capital | 66,670 | 61,508 | 59,655 | 59,143 | 55,795 | 54,830 | |||
| Accumulated other comprehensive loss | (3,341) | (5,415) | (3,556) | (2,573) | (3,676) | (3,501) | |||
| Retained earnings | 311,676 | 302,300 | 285,969 | 252,772 | 230,649 | 233,156 | |||
| Equity, attributable to noncontrolling interest | 2 | 2 | 5 | 74 | |||||
| Total equity: | 331,355 | 314,646 | 308,957 | 276,066 | 259,431 | 268,865 | |||
| TOTAL LIABILITIES AND EQUITY: | 409,371 | 403,257 | 360,245 | 326,803 | 301,509 | 306,610 | |||
Income Statement (P&L) ($ in thousands)
| 7/31/2021 TTM | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 348,359 | 382,530 | 406,668 | 377,317 | 277,395 | 258,229 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 377,317 | 277,395 | 258,229 | |
| Cost of revenue (Cost of Goods and Services Sold) | (230,557) | (258,783) | (274,119) | (255,752) | (199,205) | (192,444) | ||
| Gross profit: | 117,802 | 123,747 | 132,549 | 121,565 | 78,190 | 65,785 | ||
| Operating expenses | (98,151) | (83,808) | (77,416) | (62,395) | (49,777) | (54,693) | ||
| Operating income: | 19,651 | 39,939 | 55,133 | 59,170 | 28,413 | 11,092 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (476) | 95 | 6,437 | (184) | (560) | (310) | ||
| Interest and debt expense | (24) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 19,151 | 40,034 | 61,570 | 58,986 | 27,853 | 10,782 | ||
| Other undisclosed income from continuing operations before income taxes | 24 | |||||||
| Income from continuing operations before income taxes: | 19,175 | 40,034 | 61,570 | 58,986 | 27,853 | 10,782 | ||
| Income tax expense | (397) | (5,421) | (9,697) | (17,967) | (7,661) | (2,221) | ||
| Income from continuing operations: | 18,778 | 34,613 | 51,873 | 41,019 | 20,192 | 8,561 | ||
| Income before gain (loss) on sale of properties: | ✕ | 18,778 | 34,613 | 51,873 | 41,019 | 20,192 | 8,561 | |
| Net income: | 18,778 | 34,613 | 51,873 | 41,019 | 20,192 | 8,561 | ||
| Net income (loss) attributable to noncontrolling interest | 98 | 583 | (79) | 3 | (1) | (72) | ||
| Net income available to common stockholders, diluted: | 18,876 | 35,196 | 51,794 | 41,022 | 20,191 | 8,489 | ||
Comprehensive Income ($ in thousands)
| 7/31/2021 TTM | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 18,778 | 34,613 | 51,873 | 41,019 | 20,192 | 8,561 | ||
| Other comprehensive income (loss) | 2,074 | (1,859) | (703) | 1,103 | (175) | 2,348 | ||
| Comprehensive income: | 20,852 | 32,754 | 51,170 | 42,122 | 20,017 | 10,909 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 98 | 583 | (79) | 3 | (1) | (72) | ||
| Comprehensive income, net of tax, attributable to parent: | 20,950 | 33,337 | 51,091 | 42,125 | 20,016 | 10,837 | ||
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.