Skip to content

ARTS WAY MANUFACTURING CO INC: 10-K filed 2022-02-17

What ARTS WAY MANUFACTURING CO INC reported in its annual report filed 2022-02-17 (fiscal FY 2021): 48 published measures, 97 facts as tagged in accession 0001437749-22-003662.

This filing

Form
10-K (annual report)
Filed
2022-02-17
Fiscal period
fiscal FY 2021
Accession
0001437749-22-003662 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All ARTS WAY MANUFACTURING CO INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2021-11-3020,854,048USD
At 2020-11-3018,803,013USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2021-11-3010,499,601USD
At 2020-11-308,896,268USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2021-11-3010,354,447USD
At 2020-11-309,906,745USD
At 2019-11-3011,793,582USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2021-11-302,658USD
At 2020-11-302,684USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2020-12-01 to 2021-11-30212,631USD365
2019-12-01 to 2020-11-30-2,103,486USD366

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2020-12-01 to 2021-11-30-985,854USD365
2019-12-01 to 2020-11-30-856,314USD366

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2020-12-01 to 2021-11-30620,284USD365
2019-12-01 to 2020-11-30693,414USD366

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2020-12-01 to 2021-11-3024,965,086USD365
2019-12-01 to 2020-11-3022,409,123USD366

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2020-12-01 to 2021-11-301,585,305USD365
2019-12-01 to 2020-11-301,357,503USD366

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2020-12-01 to 2021-11-30-599,477USD365
2019-12-01 to 2020-11-30-501,650USD366

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2021-11-306,656,487USD
At 2020-11-306,443,856USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2020-12-01 to 2021-11-304,515,229shares365
2019-12-01 to 2020-11-304,393,887shares366

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2020-12-01 to 2021-11-304,515,229shares365
2019-12-01 to 2020-11-304,393,887shares366

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2020-12-01 to 2021-11-300.05USD/shares365
2019-12-01 to 2020-11-30-0.48USD/shares366

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2020-12-01 to 2021-11-300.05USD/shares365
2019-12-01 to 2020-11-30-0.48USD/shares366

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2020-12-01 to 2021-11-3054,259USD365
2019-12-01 to 2020-11-30-856,470USD366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2021-11-305,237,328USD
At 2020-11-305,218,662USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2020-12-01 to 2021-11-30265,541USD365
2019-12-01 to 2020-11-30247,645USD366

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2020-12-01 to 2021-11-30523,408USD365
2019-12-01 to 2020-11-30-3,909,634USD366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2021-11-3012,174,245USD
At 2020-11-3010,301,350USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2020-12-01 to 2021-11-30313,485USD365
2019-12-01 to 2020-11-30304,611USD366

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2021-11-307,686,817USD
At 2020-11-306,164,776USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2021-11-301,737,091USD
At 2020-11-301,955,404USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2021-11-302,663,030USD
At 2020-11-302,390,604USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2020-12-01 to 2021-11-3030,470USD365
2019-12-01 to 2020-11-3030,996USD366

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2020-12-01 to 2021-11-306,073,082USD365
2019-12-01 to 2020-11-306,309,234USD366

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2021-11-309,210,103USD
At 2020-11-307,762,400USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2020-12-01 to 2021-11-306,596,490USD365
2019-12-01 to 2020-11-302,399,600USD366

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2020-12-01 to 2021-11-30152,000USD365
2019-12-01 to 2020-11-30199,000USD366

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2021-11-303,760,649USD
At 2020-11-303,496,243USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2021-11-3047,794USD
At 2020-11-3027,879USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2021-11-302,734,929USD
At 2020-11-302,808,129USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2021-11-3019,754,010USD
At 2020-11-3019,261,995USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2021-11-3014,516,682USD
At 2020-11-3014,043,333USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2021-11-30299,034USD
At 2020-11-3093,760USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2021-11-301,210,964USD
At 2020-11-301,279,312USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2021-11-30278,509USD
At 2020-11-30198,225USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2020-12-01 to 2021-11-30266,890USD365
2019-12-01 to 2020-11-30-2,959,956USD366

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2020-12-01 to 2021-11-303,553,848USD365
2019-12-01 to 2020-11-304,208,553USD366

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2020-12-01 to 2021-11-30613,409USD365
2019-12-01 to 2020-11-30818,234USD366

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2020-12-01 to 2021-11-3056,967USD365
2019-12-01 to 2020-11-301,254,289USD366

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2020-12-01 to 2021-11-30-256,518USD365
2019-12-01 to 2020-11-30949,678USD366

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2020-12-01 to 2021-11-308,459USD365
2019-12-01 to 2020-11-3025,168USD366

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2020-12-01 to 2021-11-3045,800USD365
2019-12-01 to 2020-11-30-881,638USD366

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2020-12-01 to 2021-11-30270,616USD365
2019-12-01 to 2020-11-30263,598USD366

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2020-12-01 to 2021-11-30259,439USD365
2019-12-01 to 2020-11-30738,879USD366

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2020-12-01 to 2021-11-30809,070USD365
2019-12-01 to 2020-11-30-459,804USD366

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2020-12-01 to 2021-11-30-218,313USD365
2019-12-01 to 2020-11-30750,091USD366

Inspect the source

Entity
ARTS WAY MANUFACTURING CO INC / CIK 0000007623
Captured
2026-09-19T11:13:05.457Z
SEC response SHA-256
642316204a8251793777927d8ea1c112fd2c64659688be38c21ab9826d31e8a2

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000007623.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))