PURE CYCLE CORPORATION: 10-K filed 2018-11-13

Name: PURE CYCLE CORPORATION: 10-K filed 2018-11-13
Creator: PURE CYCLE CORPORATION

What PURE CYCLE CORPORATION reported in its annual report filed 2018-11-13 (fiscal FY 2018): 42 published measures, 142 facts as tagged in accession 0001140361-18-042948.

This filing

Form: 10-K (annual report)
Filed: 2018-11-13
Fiscal period: fiscal FY 2018
Accession: 0001140361-18-042948 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 PURE CYCLE CORPORATION filings.

Reported measures

Total assets

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

Period	Value	Unit	Days
At 2018-08-31	71,906,615	USD
At 2017-08-31	69,787,572	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-08-31	2,453,396	USD
At 2017-08-31	2,281,473	USD

Stockholders equity

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

Period	Value	Unit
At 2018-08-31	69,453,219	USD
At 2017-08-31	67,506,099	USD
At 2016-08-31	68,997,949	USD
At 2015-08-31	70,085,548	USD

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.

Period	Value	Unit
At 2018-08-31	11,565,038	USD
At 2017-08-31	5,575,823	USD
At 2016-08-31	4,697,288	USD
At 2015-08-31	37,089,041	USD

Net income or loss

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

Period	Value	Unit	Days
2018-06-01 to 2018-08-31	357,000	USD	92
2017-09-01 to 2018-08-31	414,680	USD	365
2018-03-01 to 2018-05-31	55,000	USD	92
2017-12-01 to 2018-02-28	100,000	USD	90
2017-09-01 to 2017-11-30	-97,000	USD	91
2017-06-01 to 2017-08-31	-501,000	USD	92
2016-09-01 to 2017-08-31	-1,710,868	USD	365
2017-03-01 to 2017-05-31	-554,000	USD	92
2016-12-01 to 2017-02-28	-317,000	USD	90
2016-09-01 to 2016-11-30	-338,000	USD	91
2015-09-01 to 2016-08-31	-1,310,607	USD	366

Operating cash flow

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

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	482	USD	365
2016-09-01 to 2017-08-31	-1,052,879	USD	365
2015-09-01 to 2016-08-31	-270,729	USD	366

Capital expenditure payments

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

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	445,286	USD	365
2016-09-01 to 2017-08-31	95,385	USD	365
2015-09-01 to 2016-08-31	472,310	USD	366

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2018-06-01 to 2018-08-31	3,892,000	USD	92
2017-09-01 to 2018-08-31	6,959,199	USD	365
2018-03-01 to 2018-05-31	1,212,000	USD	92
2017-12-01 to 2018-02-28	845,000	USD	90
2017-09-01 to 2017-11-30	1,010,000	USD	91
2017-06-01 to 2017-08-31	658,000	USD	92
2016-09-01 to 2017-08-31	1,227,787	USD	365
2017-03-01 to 2017-05-31	134,000	USD	92
2016-12-01 to 2017-02-28	237,000	USD	90
2016-09-01 to 2016-11-30	199,000	USD	91
2015-09-01 to 2016-08-31	452,161	USD	366

Financing cash flow

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

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	287,981	USD	365
2016-09-01 to 2017-08-31	-2,408	USD	365
2015-09-01 to 2016-08-31	-2,041	USD	366

Investing cash flow

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

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	5,700,752	USD	365
2016-09-01 to 2017-08-31	1,933,822	USD	365
2015-09-01 to 2016-08-31	-32,118,983	USD	366

Retained earnings or deficit

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

Period	Value	Unit	Days
At 2018-08-31	-102,524,171	USD
At 2017-08-31	-103,993,900	USD

Basic weighted-average shares

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

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	23,760,765	shares	365
2016-09-01 to 2017-08-31	23,754,098	shares	365
2015-09-01 to 2016-08-31	23,781,041	shares	366

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.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	23,930,535	shares	365
2016-09-01 to 2017-08-31	23,754,098	shares	365
2015-09-01 to 2016-08-31	23,781,041	shares	366

Income tax expense or benefit

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

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	-282,000	USD	365
2016-09-01 to 2017-08-31	0	USD	365
2015-09-01 to 2016-08-31	0	USD	366

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.

Period	Value	Unit	Days
At 2018-08-31	36,721,884	USD
At 2017-08-31	34,575,713	USD

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.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	324,840	USD	365
2016-09-01 to 2017-08-31	233,245	USD	365
2015-09-01 to 2016-08-31	219,886	USD	366

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.

Period	Value	Unit	Days
2018-06-01 to 2018-08-31	-7,000	USD	92
2017-09-01 to 2018-08-31	-308,727	USD	365
2018-03-01 to 2018-05-31	-88,000	USD	92
2017-12-01 to 2018-02-28	-14,000	USD	90
2017-09-01 to 2017-11-30	-200,000	USD	91
2017-06-01 to 2017-08-31	-581,000	USD	92
2016-09-01 to 2017-08-31	-2,131,202	USD	365
2017-03-01 to 2017-05-31	-631,000	USD	92
2016-12-01 to 2017-02-28	-455,000	USD	90
2016-09-01 to 2016-11-30	-464,000	USD	91
2015-09-01 to 2016-08-31	-2,179,775	USD	366

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.

Period	Value	Unit	Days
At 2018-08-31	27,918,218	USD
At 2017-08-31	27,124,282	USD

Current liabilities

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

Period	Value	Unit	Days
At 2018-08-31	2,053,983	USD
At 2017-08-31	940,227	USD

Current accounts payable

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

Period	Value	Unit	Days
At 2018-08-31	787,662	USD
At 2017-08-31	492,410	USD

Net current accounts receivable

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

Period	Value	Unit	Days
At 2018-08-31	1,067,268	USD
At 2017-08-31	663,762	USD

Net inventory

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

Period	Value	Unit	Days
At 2018-08-31	5,195,059	USD
At 2017-08-31	0	USD

Gross profit

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

Period	Value	Unit	Days
2018-06-01 to 2018-08-31	904,000	USD	92
2017-09-01 to 2018-08-31	2,797,598	USD	365
2018-03-01 to 2018-05-31	683,000	USD	92
2017-12-01 to 2018-02-28	631,000	USD	90
2017-09-01 to 2017-11-30	580,000	USD	91
2017-06-01 to 2017-08-31	336,000	USD	92
2016-09-01 to 2017-08-31	424,481	USD	365
2017-03-01 to 2017-05-31	-33,000	USD	92
2016-12-01 to 2017-02-28	68,000	USD	90
2016-09-01 to 2016-11-30	54,000	USD	91
2015-09-01 to 2016-08-31	-76,598	USD	366

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	4,161,601	USD	365
2016-09-01 to 2017-08-31	803,306	USD	365
2015-09-01 to 2016-08-31	528,759	USD	366

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2018-08-31	23,764,098	shares
At 2017-08-31	23,764,098	shares

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.

Period	Value	Unit	Days
At 2018-08-31	171,831,293	USD
At 2017-08-31	171,431,486	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2018-08-31	66,446	USD
At 2017-08-31	-11,105	USD

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2018-08-31	39,735,200	USD
At 2017-08-31	36,857,900	USD

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.

Period	Value	Unit	Days
At 2018-08-31	3,013,300	USD
At 2017-08-31	2,282,200	USD

Other noncurrent assets

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

Period	Value	Unit	Days
At 2018-08-31	777,734	USD
At 2017-08-31	424,226	USD

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.

Period	Value	Unit	Days
At 2018-08-31	849,538	USD
At 2017-08-31	380,852	USD

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.

Period	Value	Unit	Days
At 2018-08-31	361,050	USD
At 2017-08-31	55,800	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2018-08-31	282,000	USD
At 2017-08-31	0	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	492,231	USD	365
2016-09-01 to 2017-08-31	-1,725,095	USD	365
2015-09-01 to 2016-08-31	-1,307,485	USD	366

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.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	2,855,095	USD	365
2016-09-01 to 2017-08-31	2,201,744	USD	365
2015-09-01 to 2016-08-31	1,849,743	USD	366

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	900,500	USD	365
2016-09-01 to 2017-08-31	733,000	USD	365
2015-09-01 to 2016-08-31	419,600	USD	366

Depreciation, depletion and amortization

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

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	902,676	USD	365
2016-09-01 to 2017-08-31	734,324	USD	365
2015-09-01 to 2016-08-31	420,104	USD	366

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.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	-7,129	USD	365
2016-09-01 to 2017-08-31	-10,489	USD	365
2015-09-01 to 2016-08-31	3,852	USD	366

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.

Period	Unit	Days
2017-09-01 to 2018-08-31	USD	365
2016-09-01 to 2017-08-31	USD	365
2015-09-01 to 2016-08-31	USD	366

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	0	USD	365
2016-09-01 to 2017-08-31	0	USD	365
2015-09-01 to 2016-08-31	292,700	USD	366

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.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	369,923	USD	365
2016-09-01 to 2017-08-31	482,756	USD	365
2015-09-01 to 2016-08-31	23,161	USD	366

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.

Period	Value	Unit	Days
2017-09-01 to 2018-08-31	1,217,292	USD	365
2016-09-01 to 2017-08-31	0	USD	365
2015-09-01 to 2016-08-31	0	USD	366

Inspect the source

Entity: PURE CYCLE CORPORATION / CIK 0000276720
Captured: 2026-09-19T14:55:34.866Z
SEC response SHA-256: 273afbe0652bac1dd0e8c99a94a7e58dc18e45b8a90e253090c75340d30662db

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/0000276720.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"])))