ARTW: Arts Way Manufacturing Co Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Arts Way Manufacturing Co Inc (ARTW).
$8.53M Market Cap.
ARTW Market Cap. (MRY)
ARTW Shares Outstanding (MRY)
ARTW Assets (MRY)
Total Assets
$21.24M
Total Liabilities
$9.15M
Total Investments
$0
ARTW Income (MRY)
Revenue
$24.50M
Net Income
$307.38K
Operating Expense
$6.85M
ARTW Cash Flow (MRY)
CF Operations
$2.63M
CF Investing
$961.07K
CF Financing
-$3.59M
ARTW Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $21,240,684 (-12.96%) | $24,402,114 (1.89%) | $23,948,314 (14.84%) | $20,854,048 (10.91%) |
Assets Current | $13,124,309 (-13.00%) | $15,085,494 (6.74%) | $14,133,429 (16.09%) | $12,174,245 (18.18%) |
Assets Non-Current | $8,116,375 (-12.88%) | $9,316,620 (-5.08%) | $9,814,885 (13.08%) | $8,679,803 (2.10%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $12,093,823 (3.89%) | $11,641,255 (4.40%) | $11,150,637 (7.69%) | $10,354,447 (4.52%) |
Property Plant & Equipment Net | $5,150,870 (1.78%) | $5,060,595 (2.33%) | $4,945,225 (-5.58%) | $5,237,328 (0.36%) |
Cash & Equivalents | $1,860 (-53.66%) | $4,014 (-20.59%) | $5,055 (90.18%) | $2,658 (-0.97%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $1,929,151 (449.16%) | $351,289 (7.09%) | $328,041 (16.84%) | $280,761 (1.64%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $10,327,913 (-6.38%) | $11,031,362 (14.83%) | $9,606,708 (4.31%) | $9,210,103 (18.65%) |
Trade & Non-Trade Receivables | $2,586,071 (-30.51%) | $3,721,498 (27.55%) | $2,917,696 (2.72%) | $2,840,314 (16.09%) |
Trade & Non-Trade Payables | $944,448 (-58.15%) | $2,256,502 (-10.12%) | $2,510,463 (44.52%) | $1,737,091 (-11.16%) |
Accumulated Retained Earnings (Deficit) | $7,328,628 (4.38%) | $7,021,253 (3.95%) | $6,754,284 (1.47%) | $6,656,487 (3.30%) |
Tax Assets | $2,440,297 (-2.51%) | $2,503,213 (-3.92%) | $2,605,395 (-0.63%) | $2,621,886 (-1.72%) |
Tax Liabilities | $5,500 (10.00%) | $5,000 (42.86%) | $3,500 (-36.36%) | $5,500 (400.00%) |
Total Debt | $4,783,447 (-41.28%) | $8,146,003 (10.03%) | $7,403,421 (5.23%) | $7,035,367 (35.66%) |
Debt Current | $2,269,079 (-52.53%) | $4,780,167 (14.85%) | $4,162,201 (-1.43%) | $4,222,583 (72.03%) |
Debt Non-Current | $2,514,368 (-25.30%) | $3,365,836 (3.84%) | $3,241,220 (15.23%) | $2,812,784 (2.98%) |
Total Liabilities | $9,146,861 (-28.32%) | $12,760,859 (-0.29%) | $12,797,677 (21.89%) | $10,499,601 (18.02%) |
Liabilities Current | $6,632,493 (-29.40%) | $9,395,023 (1.38%) | $9,267,289 (20.56%) | $7,686,817 (24.69%) |
Liabilities Non-Current | $2,514,368 (-25.30%) | $3,365,836 (-4.66%) | $3,530,388 (25.51%) | $2,812,784 (2.98%) |
ARTW Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $24,499,371 (-19.09%) | $30,280,957 (18.07%) | $25,646,152 (2.73%) | $24,965,086 (11.41%) |
Cost of Revenue | $17,189,506 (-20.78%) | $21,697,075 (15.98%) | $18,707,496 (1.84%) | $18,368,596 (-8.20%) |
Selling General & Administrative Expense | $6,416,581 (-0.59%) | $6,454,576 (12.19%) | $5,753,401 (3.33%) | $5,567,997 (-4.54%) |
Research & Development Expense | $432,587 (-27.67%) | $598,065 (3.02%) | $580,537 (14.94%) | $505,085 (5.95%) |
Operating Expenses | $6,849,168 (-2.89%) | $7,052,641 (11.35%) | $6,333,938 (4.30%) | $6,073,082 (-3.74%) |
Interest Expense | $599,396 (1.59%) | $590,005 (45.97%) | $404,188 (28.93%) | $313,485 (2.91%) |
Income Tax Expense | -$41,025 (-112.59%) | $325,959 (387.79%) | $66,823 (23.16%) | $54,259 (106.34%) |
Net Loss Income from Discontinued Operations | -$401,841 (-181.05%) | $495,820 (79.43%) | $276,324 (0%) | $0 (0%) |
Consolidated Income | $307,375 (15.14%) | $266,969 (172.98%) | $97,797 (-54.01%) | $212,631 (110.11%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $307,375 (15.14%) | $266,969 (172.98%) | $97,797 (-54.01%) | $212,631 (110.11%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $307,375 (15.14%) | $266,969 (172.98%) | $97,797 (-54.01%) | $212,631 (110.11%) |
Weighted Average Shares | $5,052,167 (1.00%) | $5,002,238 (6.26%) | $4,707,384 (4.26%) | $4,515,229 (2.76%) |
Weighted Average Shares Diluted | $5,052,167 (1.00%) | $5,002,238 (6.26%) | $4,707,384 (4.26%) | $4,515,229 (2.76%) |
Earning Before Interest & Taxes (EBIT) | $865,746 (-26.81%) | $1,182,933 (107.97%) | $568,808 (-1.99%) | $580,375 (121.86%) |
Gross Profit | $7,309,865 (-14.84%) | $8,583,882 (23.71%) | $6,938,656 (5.19%) | $6,596,490 (174.90%) |
Operating Income | $460,697 (-69.91%) | $1,531,241 (153.22%) | $604,718 (15.53%) | $523,408 (113.39%) |
ARTW Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $961,074 (311.92%) | -$453,512 (66.25%) | -$1,343,847 (-124.17%) | -$599,477 (-19.50%) |
Net Cash Flow from Financing | -$3,589,928 (-807.15%) | $507,665 (28.68%) | $394,523 (-75.11%) | $1,585,305 (16.78%) |
Net Cash Flow from Operations | $2,626,700 (4859.03%) | -$55,194 (-105.80%) | $951,721 (196.54%) | -$985,854 (-15.13%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$2,154 (-106.92%) | -$1,041 (-143.43%) | $2,397 (9319.23%) | -$26 (94.36%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$719,379 (-29.63%) | -$554,969 (56.16%) | -$1,265,977 (-111.18%) | -$599,477 (-19.50%) |
Issuance (Repayment) of Debt Securities | -$3,391,675 (-662.90%) | $602,539 (3372.05%) | $17,354 (-98.93%) | $1,615,775 (16.37%) |
Issuance (Purchase) of Equity Shares | -$37,654 (45.06%) | -$68,536 (-115.13%) | $453,097 (1587.03%) | -$30,470 (1.70%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $182,847 (-37.42%) | $292,185 (1.55%) | $287,721 (8.35%) | $265,541 (7.23%) |
Depreciation Amortization & Accretion | $989,823 (22.99%) | $804,820 (21.75%) | $661,018 (7.76%) | $613,409 (-25.03%) |
ARTW Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 29.80% (5.30%) | 28.30% (4.43%) | 27.10% (2.65%) | 26.40% (146.73%) |
Profit Margin | 1.30% (44.44%) | 0.90% (125.00%) | 0.40% (-55.56%) | 0.90% (109.57%) |
EBITDA Margin | 7.60% (15.15%) | 6.60% (37.50%) | 4.80% (0.00%) | 4.80% (158.54%) |
Return on Average Equity (ROAE) | 2.70% (17.39%) | 2.30% (155.56%) | 0.90% (-57.14%) | 2.10% (110.55%) |
Return on Average Assets (ROAA) | 1.30% (18.18%) | 1.10% (175.00%) | 0.40% (-60.00%) | 1.00% (109.43%) |
Return on Sales (ROS) | 3.50% (-10.26%) | 3.90% (77.27%) | 2.20% (-4.35%) | 2.30% (119.49%) |
Return on Invested Capital (ROIC) | 4.00% (-21.57%) | 5.10% (88.89%) | 2.70% (-10.00%) | 3.00% (122.39%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 28.25 (-31.43%) | 41.2 (-57.53%) | 97 (37.01%) | 70.8 (1464.69%) |
Price to Sales Ratio (P/S) | 0.35 (2.94%) | 0.34 (-4.49%) | 0.36 (-44.38%) | 0.64 (31.15%) |
Price to Book Ratio (P/B) | 0.7 (-20.43%) | 0.89 (4.36%) | 0.85 (-45.23%) | 1.55 (39.14%) |
Debt to Equity Ratio (D/E) | 0.76 (-31.02%) | 1.1 (-4.53%) | 1.15 (13.21%) | 1.01 (12.92%) |
Earnings Per Share (EPS) | 0.06 (20.00%) | 0.05 (150.00%) | 0.02 (-60.00%) | 0.05 (110.42%) |
Sales Per Share (SPS) | 4.85 (-19.89%) | 6.05 (11.10%) | 5.45 (-1.47%) | 5.53 (8.41%) |
Free Cash Flow Per Share (FCFPS) | 0.38 (409.84%) | -0.12 (-82.09%) | -0.07 (80.91%) | -0.35 (-13.59%) |
Book Value Per Share (BVPS) | 2.39 (2.88%) | 2.33 (-1.77%) | 2.37 (3.31%) | 2.29 (1.69%) |
Tangible Assets Book Value Per Share (TABVPS) | 4.2 (-13.82%) | 4.88 (-4.11%) | 5.09 (10.13%) | 4.62 (7.95%) |
Enterprise Value Over EBIT (EV/EBIT) | 18 (12.50%) | 16 (-48.39%) | 31 (-22.50%) | 40 (766.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 8.56 (-8.18%) | 9.32 (-35.88%) | 14.54 (-24.61%) | 19.29 (309.87%) |
Asset Turnover | 1.06 (-11.26%) | 1.2 (9.40%) | 1.1 (-10.46%) | 1.22 (8.61%) |
Current Ratio | 1.98 (23.23%) | 1.61 (5.31%) | 1.52 (-3.72%) | 1.58 (-5.21%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $1,907,321 (412.59%) | -$610,163 (-94.16%) | -$314,256 (80.18%) | -$1,585,331 (-16.74%) |
Enterprise Value (EV) | $15,887,019 (-14.29%) | $18,536,405 (3.63%) | $17,886,949 (-22.33%) | $23,029,676 (36.37%) |
Earnings Before Tax (EBT) | $266,350 (-55.08%) | $592,928 (260.18%) | $164,620 (-38.32%) | $266,890 (109.02%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,855,569 (-6.65%) | $1,987,753 (61.63%) | $1,229,826 (3.02%) | $1,193,784 (164.98%) |
Invested Capital | $19,389,778 (-16.24%) | $23,149,080 (4.84%) | $22,079,391 (9.30%) | $20,199,940 (13.35%) |
Working Capital | $6,491,816 (14.08%) | $5,690,471 (16.94%) | $4,866,140 (8.44%) | $4,487,428 (8.48%) |
Tangible Asset Value | $21,240,684 (-12.96%) | $24,402,114 (1.89%) | $23,948,314 (14.84%) | $20,854,048 (10.91%) |
Market Capitalization | $8,528,323 (-17.36%) | $10,319,722 (9.00%) | $9,467,388 (-41.01%) | $16,050,261 (45.45%) |
Average Equity | $11,449,500 (-2.44%) | $11,736,138 (10.93%) | $10,580,222 (6.76%) | $9,910,366 (-6.20%) |
Average Assets | $23,034,288 (-8.81%) | $25,260,445 (7.99%) | $23,390,714 (14.71%) | $20,390,317 (2.59%) |
Invested Capital Average | $21,558,885 (-7.11%) | $23,208,881 (8.26%) | $21,437,562 (12.55%) | $19,047,368 (-3.58%) |
Shares | 5,031,459 (0.44%) | 5,009,574 (2.65%) | 4,880,097 (7.63%) | 4,533,972 (2.31%) |
