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SOUTHWEST GEORGIA FINANCIAL CORP: 10-K filed 2019-03-29

What SOUTHWEST GEORGIA FINANCIAL CORP reported in its annual report filed 2019-03-29 (fiscal FY 2018): 32 published measures, 129 facts as tagged in accession 0000315849-19-000010.

This filing

Form
10-K (annual report)
Filed
2019-03-29
Fiscal period
fiscal FY 2018
Accession
0000315849-19-000010 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All SOUTHWEST GEORGIA FINANCIAL CORP filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2018-12-31534,833,167USD
At 2017-12-31489,072,375USD
At 2016-12-31448,501,230USD

Total liabilities

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

PeriodValueUnitDays
At 2018-12-31491,214,223USD
At 2017-12-31447,929,389USD

Stockholders equity

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

PeriodValueUnitDays
At 2018-12-3143,618,944USD
At 2017-12-3141,142,986USD
At 2016-12-3138,422,334USD
At 2015-12-3136,097,690USD

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 2018-12-3135,498,792USD
At 2017-12-3134,138,421USD
At 2016-12-3126,519,916USD
At 2015-12-3131,080,273USD

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
2018-10-01 to 2018-12-311,123,000USD92
2018-01-01 to 2018-12-314,647,119USD365
2018-07-01 to 2018-09-301,144,000USD92
2018-04-01 to 2018-06-301,148,000USD91
2018-01-01 to 2018-03-311,232,000USD90
2017-10-01 to 2017-12-31717,000USD92
2017-01-01 to 2017-12-313,807,492USD365
2017-07-01 to 2017-09-30952,000USD92
2017-04-01 to 2017-06-301,073,000USD91
2017-01-01 to 2017-03-311,065,000USD90
2016-01-01 to 2016-12-314,033,977USD366

Operating cash flow

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

PeriodValueUnitDays
2018-01-01 to 2018-12-316,560,776USD365
2017-01-01 to 2017-12-315,882,947USD365
2016-01-01 to 2016-12-315,181,703USD366

Capital expenditure payments

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

PeriodValueUnitDays
2018-01-01 to 2018-12-313,382,015USD365
2017-01-01 to 2017-12-311,955,067USD365
2016-01-01 to 2016-12-311,455,043USD366

Financing cash flow

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

PeriodValueUnitDays
2018-01-01 to 2018-12-3142,049,295USD365
2017-01-01 to 2017-12-3136,821,941USD365
2016-01-01 to 2016-12-3129,809,962USD366

Investing cash flow

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

PeriodValueUnitDays
2018-01-01 to 2018-12-31-47,249,700USD365
2017-01-01 to 2017-12-31-35,086,383USD365
2016-01-01 to 2016-12-31-39,552,022USD366

Retained earnings or deficit

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

PeriodValueUnitDays
At 2018-12-3124,841,569USD
At 2017-12-3133,020,030USD

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
2018-01-01 to 2018-12-312,545,565shares365
2017-01-01 to 2017-12-312,547,421shares365
2016-01-01 to 2016-12-312,547,778shares366

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
2018-01-01 to 2018-12-312,545,565shares365
2017-01-01 to 2017-12-312,547,422shares365
2016-01-01 to 2016-12-312,547,778shares366

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
2018-10-01 to 2018-12-310.44USD/shares92
2018-01-01 to 2018-12-311.83USD/shares365
2018-07-01 to 2018-09-300.45USD/shares92
2018-04-01 to 2018-06-300.45USD/shares91
2018-01-01 to 2018-03-310.48USD/shares90
2017-10-01 to 2017-12-310.28USD/shares92
2017-01-01 to 2017-12-311.49USD/shares365
2017-07-01 to 2017-09-300.37USD/shares92
2017-04-01 to 2017-06-300.42USD/shares91
2017-01-01 to 2017-03-310.42USD/shares90
2016-01-01 to 2016-12-311.58USD/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
2018-10-01 to 2018-12-310.44USD/shares92
2018-01-01 to 2018-12-311.83USD/shares365
2018-07-01 to 2018-09-300.45USD/shares92
2018-04-01 to 2018-06-300.45USD/shares91
2018-01-01 to 2018-03-310.48USD/shares90
2017-10-01 to 2017-12-310.28USD/shares92
2017-01-01 to 2017-12-311.49USD/shares365
2017-07-01 to 2017-09-300.37USD/shares92
2017-04-01 to 2017-06-300.42USD/shares91
2017-01-01 to 2017-03-310.42USD/shares90
2016-01-01 to 2016-12-311.58USD/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
2018-10-01 to 2018-12-31253,000USD92
2018-01-01 to 2018-12-31668,416USD365
2018-07-01 to 2018-09-30209,000USD92
2018-04-01 to 2018-06-30207,000USD91
2018-01-01 to 2018-03-31-1,000USD90
2017-10-01 to 2017-12-31735,000USD92
2017-01-01 to 2017-12-311,619,900USD365
2017-07-01 to 2017-09-30261,000USD92
2017-04-01 to 2017-06-30316,000USD91
2017-01-01 to 2017-03-31308,000USD90
2016-01-01 to 2016-12-311,152,476USD366

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 2018-12-3114,573,974USD
At 2017-12-3112,249,518USD

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
2018-01-01 to 2018-12-3117,627USD365
2017-01-01 to 2017-12-310USD365
2016-01-01 to 2016-12-310USD366

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
2018-01-01 to 2018-12-315,315USD365
2017-01-01 to 2017-12-315,427,000USD365
2016-01-01 to 2016-12-315,186,000USD366

Interest expense

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

PeriodValueUnitDays
2018-10-01 to 2018-12-311,116,000USD92
2018-01-01 to 2018-12-313,322,414USD365
2018-07-01 to 2018-09-30867,000USD92
2018-04-01 to 2018-06-30725,000USD91
2018-01-01 to 2018-03-31614,000USD90
2017-10-01 to 2017-12-31559,000USD92
2017-01-01 to 2017-12-311,902,165USD365
2017-07-01 to 2017-09-30472,000USD92
2017-04-01 to 2017-06-30435,000USD91
2017-01-01 to 2017-03-31436,000USD90
2016-01-01 to 2016-12-311,612,093USD366

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
2018-01-01 to 2018-12-31306,032USD365
2017-01-01 to 2017-12-31122,340USD365
2016-01-01 to 2016-12-316,658USD366

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.

PeriodValueUnitDays
At 2018-12-31-2,187,396USD
At 2017-12-31-1,629,619USD

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 2018-12-3121,171,429USD

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 2018-12-3130,026,148USD
At 2017-12-3127,184,422USD

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 2018-12-3115,452,174USD
At 2017-12-3114,934,904USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2018-12-313,907USD
At 2017-12-3119,532USD

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
2018-01-01 to 2018-12-315,315,535USD365
2017-01-01 to 2017-12-315,427,392USD365
2016-01-01 to 2016-12-315,186,453USD366

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.

PeriodValueUnitDays
2018-01-01 to 2018-12-314,089,342USD365
2017-01-01 to 2017-12-313,963,864USD365
2016-01-01 to 2016-12-313,401,349USD366

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.

PeriodValueUnitDays
2018-01-01 to 2018-12-311,036,986USD365
2017-01-01 to 2017-12-31881,000USD365
2016-01-01 to 2016-12-31923,578USD366

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
2018-01-01 to 2018-12-3115,625USD365
2017-01-01 to 2017-12-3115,625USD365
2016-01-01 to 2016-12-3115,625USD366

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
2018-01-01 to 2018-12-31324,532USD365
2017-01-01 to 2017-12-311,101,902USD365
2016-01-01 to 2016-12-311,163,230USD366

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
2018-01-01 to 2018-12-31639,637USD365
2017-01-01 to 2017-12-31517,998USD365
2016-01-01 to 2016-12-31-10,754USD366

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
2018-01-01 to 2018-12-313,246,847USD365
2017-01-01 to 2017-12-311,881,924USD365
2016-01-01 to 2016-12-311,600,593USD366

Inspect the source

Entity
SOUTHWEST GEORGIA FINANCIAL CORP / CIK 0000315849
Captured
SEC response SHA-256
e307f076c1356439be5febfb4915d6efe884e81014c9dcfd38df0dc75bcc9e09

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.

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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/0000315849.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"])))