LAKE AREA CORN PROCESSORS LLC financial data

Location
Wentworth, SD
Fiscal year end
31 December
Latest financial report
10-Q - Q2 2024 - 13 Aug 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 151% % -6.7%
Quick Ratio 61% % -12%
Return On Equity 34% % 40%
Return On Assets 27% % 41%
Operating Margin 14% % 104%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 29,620,000 shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $224,508,147 USD -24%
Cost of Revenue $188,055,541 USD -30%
Operating Income (Loss) $30,752,971 USD 56%
Nonoperating Income (Expense) $14,354,929 USD 111%
Net Income (Loss) Attributable to Parent $45,107,900 USD 70%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $4,619,884 USD
Accounts Receivable, after Allowance for Credit Loss, Current $3,305,017 USD 302%
Inventory, Net $15,303,167 USD -22%
Assets, Current $26,997,583 USD -46%
Property, Plant and Equipment, Net $62,321,543 USD 2%
Goodwill $10,395,766 USD 0%
Other Assets, Noncurrent $6,558,302 USD -15%
Assets $162,174,214 USD 9.7%
Accounts Payable, Current $10,978,974 USD -23%
Accrued Liabilities, Current $851,970 USD 40%
Liabilities, Current $17,064,632 USD -39%
Stockholders' Equity Attributable to Parent $141,108,582 USD 21%
Liabilities and Equity $162,174,214 USD 9.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $22,488,722 USD -6.6%
Net Cash Provided by (Used in) Financing Activities $8,580,487 USD -1624%
Net Cash Provided by (Used in) Investing Activities $3,742,231 USD 18%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $34,811,440 USD -33%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $5,189,542 USD -63%
Interest Paid, Excluding Capitalized Interest, Operating Activities $150,338 USD 98%
Payments to Acquire Property, Plant, and Equipment $3,742,231 USD 271%
Property, Plant and Equipment, Gross $134,125,036 USD 5.2%
Depreciation, Depletion and Amortization $2,748,607 USD 97%
Interest Expense $384,192 USD 105%