SADDLEBROOK RESORTS INC (SADDP) financial statements (2022 and earlier)
Company profile
| Business Address |
5700 SADDLEBROOK WAY WESLEY CHAPEL, FL 33543-4499 |
| State of Incorp. | FL |
| 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)
| 12/31/2020 | 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 | 326 | 745 | 698 | 834 | 376 | |||
| Cash and cash equivalents | 326 | 745 | 698 | 834 | 376 | |||
| Restricted cash and investments | 1,124 | 1,880 | 264 | 410 | 398 | |||
| Receivables | 1,595 | 3,286 | 3,321 | 2,818 | 2,629 | |||
| Other undisclosed current assets | 1,362 | 2,211 | 2,121 | 2,259 | 2,291 | |||
| Total current assets: | 4,407 | 8,122 | 6,403 | 6,321 | 5,694 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 147 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 14,801 | 16,566 | 17,532 | 19,224 | 20,019 | |||
| Deferred costs | 78 | |||||||
| Total noncurrent assets: | 14,948 | 16,566 | 17,532 | 19,224 | 20,097 | |||
| TOTAL ASSETS: | 19,355 | 24,688 | 23,935 | 25,544 | 25,792 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 492 | 673 | 640 | 756 | 2,103 | |||
| Accounts payable | 492 | 673 | 640 | 756 | 593 | |||
| Accrued liabilities | 1,510 | |||||||
| Deferred revenue | 786 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 7,123 | 443 | 1,110 | 481 | 474 | |||
| Due to related parties | 14,699 | 11,897 | 10,889 | 10,101 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 708 | 765 | 716 | ||
| Other undisclosed current liabilities | 3,952 | 6,836 | 4,922 | 4,632 | 2,518 | |||
| Total current liabilities: | 12,353 | 22,651 | 19,277 | 17,522 | 15,911 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 332 | 5,766 | 5,763 | 6,169 | 6,708 | |||
| Long-term debt, excluding current maturities | 5,435 | 5,763 | 6,112 | 6,522 | ||||
| Finance lease, liability | 258 | ✕ | ✕ | ✕ | ✕ | |||
| Capital lease obligations | ✕ | ✕ | 330 | 57 | 186 | |||
| Operating lease, liability | 74 | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 628 | 528 | 502 | 586 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 528 | 502 | 586 | ||
| Deferred revenue | 628 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 549 | |||||||
| Total noncurrent liabilities: | 960 | 6,315 | 6,291 | 6,671 | 7,294 | |||
| Total liabilities: | 13,313 | 28,966 | 25,568 | 24,193 | 23,205 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 6,043 | (4,278) | (1,633) | 1,351 | 2,587 | |||
| Common stock | 100 | 100 | 100 | 100 | 100 | |||
| Additional paid in capital | 1,013 | 1,013 | 1,013 | 1,013 | 1,013 | |||
| Retained earnings (accumulated deficit) | 4,929 | (5,391) | (2,746) | 238 | 1,474 | |||
| Total stockholders' equity: | 6,043 | (4,278) | (1,633) | 1,351 | 2,587 | |||
| TOTAL LIABILITIES AND EQUITY: | 19,355 | 24,688 | 23,935 | 25,544 | 25,792 | |||
Income statement (P&L) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 26,309 | 29,536 | 30,142 | 30,774 | 30,095 | ||
| Cost of revenue | (2,038) | (2,217) | (1,986) | (1,953) | (1,858) | ||
| Gross profit: | 24,272 | 27,319 | 28,156 | 28,821 | 28,238 | ||
| Operating expenses | (27,309) | (29,719) | (30,826) | (30,187) | (28,653) | ||
| Operating loss: | (3,037) | (2,400) | (2,670) | (1,366) | (415) | ||
| Nonoperating expense | (406) | (245) | (314) | (131) | (181) | ||
| Other nonoperating income (expense) | 19 | 232 | 55 | (454) | 50 | ||
| Interest and debt expense | (425) | (477) | (369) | (323) | (232) | ||
| Net loss: | (3,868) | (3,123) | (3,353) | (1,820) | (828) | ||
| Other undisclosed net income attributable to parent | 425 | 477 | 369 | 585 | 232 | ||
| Net loss available to common stockholders, diluted: | (3,443) | (2,645) | (2,984) | (1,235) | (597) | ||
Comprehensive Income ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (3,868) | (3,123) | (3,353) | (1,820) | (828) | ||
| Comprehensive loss, net of tax, attributable to parent: | (3,868) | (3,123) | (3,353) | (1,820) | (828) | ||
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.