Skip to content

ARTS WAY MANUFACTURING CO INC: 10-K filed 2025-02-18

What ARTS WAY MANUFACTURING CO INC reported in its annual report filed 2025-02-18 (fiscal FY 2024): 50 published measures, 101 facts as tagged in accession 0001437749-25-004172.

This filing

Form
10-K (annual report)
Filed
2025-02-18
Fiscal period
fiscal FY 2024
Accession
0001437749-25-004172 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 2024-11-3021,240,684USD
At 2023-11-3024,402,114USD

Total liabilities

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

PeriodValueUnitDays
At 2024-11-309,146,861USD
At 2023-11-3012,760,859USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-11-3012,093,823USD
At 2023-11-3011,641,255USD
At 2022-11-3011,150,637USD

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 2024-11-301,860USD
At 2023-11-304,014USD

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
2023-12-01 to 2024-11-30307,375USD366
2022-12-01 to 2023-11-30266,969USD365

Operating cash flow

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

PeriodValueUnitDays
2023-12-01 to 2024-11-302,626,700USD366
2022-12-01 to 2023-11-30-55,194USD365

Capital expenditure payments

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

PeriodValueUnitDays
2023-12-01 to 2024-11-30724,679USD366
2022-12-01 to 2023-11-30841,784USD365

Revenue

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

PeriodValueUnitDays
2023-12-01 to 2024-11-3024,499,371USD366
2022-12-01 to 2023-11-3030,280,957USD365

Financing cash flow

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

PeriodValueUnitDays
2023-12-01 to 2024-11-30-3,589,928USD366
2022-12-01 to 2023-11-30507,665USD365

Investing cash flow

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

PeriodValueUnitDays
2023-12-01 to 2024-11-30961,074USD366
2022-12-01 to 2023-11-30-453,512USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-11-307,328,628USD
At 2023-11-307,021,253USD

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
2023-12-01 to 2024-11-305,052,167shares366
2022-12-01 to 2023-11-305,002,238shares365

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
2023-12-01 to 2024-11-305,052,167shares366
2022-12-01 to 2023-11-305,002,238shares365

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
2023-12-01 to 2024-11-300.06USD/shares366
2022-12-01 to 2023-11-300.05USD/shares365

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
2023-12-01 to 2024-11-300.06USD/shares366
2022-12-01 to 2023-11-300.05USD/shares365

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
2023-12-01 to 2024-11-30-41,025USD366
2022-12-01 to 2023-11-30325,959USD365

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 2024-11-305,150,870USD
At 2023-11-305,060,595USD

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
2023-12-01 to 2024-11-30182,847USD366
2022-12-01 to 2023-11-30292,185USD365

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
2023-12-01 to 2024-11-30460,697USD366
2022-12-01 to 2023-11-301,531,241USD365

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 2024-11-3013,124,309USD
At 2023-11-3015,085,494USD

Current liabilities

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

PeriodValueUnitDays
At 2024-11-306,632,493USD
At 2023-11-309,395,023USD

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 2024-11-30944,448USD
At 2023-11-302,256,502USD

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 2024-11-302,372,876USD
At 2023-11-303,432,216USD

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
2023-12-01 to 2024-11-3037,654USD366
2022-12-01 to 2023-11-3068,536USD365

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
2023-12-01 to 2024-11-306,849,168USD366
2022-12-01 to 2023-11-307,052,641USD365

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 2024-11-3010,327,913USD
At 2023-11-3011,031,362USD

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
2023-12-01 to 2024-11-307,309,865USD366
2022-12-01 to 2023-11-308,583,882USD365

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
2023-12-01 to 2024-11-30216,000USD366
2022-12-01 to 2023-11-30204,000USD365

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 2024-11-305,020,849USD
At 2023-11-304,838,425USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2024-11-3013,774USD
At 2023-11-3022,427USD

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 2024-11-3013,774USD
At 2023-11-3022,427USD

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 2024-11-302,094,966USD
At 2023-11-302,739,055USD

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 2024-11-3019,082,262USD
At 2023-11-3018,480,726USD

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 2024-11-3013,931,392USD
At 2023-11-3013,420,131USD

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 2024-11-30436,175USD
At 2023-11-30583,752USD

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 2024-11-301,303,718USD
At 2023-11-301,399,232USD

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 2024-11-30180,597USD
At 2023-11-30416,044USD

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
2023-12-01 to 2024-11-30-135,491USD366
2022-12-01 to 2023-11-301,088,748USD365

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
2023-12-01 to 2024-11-304,781,415USD366
2022-12-01 to 2023-11-304,322,475USD365

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
2023-12-01 to 2024-11-30868,004USD366
2022-12-01 to 2023-11-30774,365USD365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2023-12-01 to 2024-11-30121,819USD366
2022-12-01 to 2023-11-3030,455USD365

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2023-12-01 to 2024-11-30599,396USD366
2022-12-01 to 2023-11-30590,005USD365

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
2023-12-01 to 2024-11-303,208USD366
2022-12-01 to 2023-11-30147,512USD365

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
2023-12-01 to 2024-11-30-596,188USD366
2022-12-01 to 2023-11-30-442,493USD365

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
2023-12-01 to 2024-11-3011,389USD366
2022-12-01 to 2023-11-3011,284USD365

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
2023-12-01 to 2024-11-3062,916USD366
2022-12-01 to 2023-11-30102,182USD365

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
2023-12-01 to 2024-11-30601,680USD366
2022-12-01 to 2023-11-30606,747USD365

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
2023-12-01 to 2024-11-30-982,841USD366
2022-12-01 to 2023-11-30964,275USD365

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
2023-12-01 to 2024-11-30-550,547USD366
2022-12-01 to 2023-11-301,297,947USD365

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
2023-12-01 to 2024-11-30-1,312,054USD366
2022-12-01 to 2023-11-30-253,961USD365

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"])))