Skip to content

GRANITE FALLS ENERGY, LLC: 10-K filed 2018-01-30

What GRANITE FALLS ENERGY, LLC reported in its annual report filed 2018-01-30 (fiscal FY 2017): 33 published measures, 122 facts as tagged in accession 0001181749-18-000002.

This filing

Form
10-K (annual report)
Filed
2018-01-30
Fiscal period
fiscal FY 2017
Accession
0001181749-18-000002 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 GRANITE FALLS ENERGY, LLC filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2017-10-31127,089,530USD
At 2016-10-31121,470,922USD

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 2017-10-3121,658,422USD
At 2016-10-3113,797,857USD
At 2015-10-3112,696,536USD
At 2014-10-3127,209,010USD

Operating cash flow

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

PeriodValueUnitDays
2016-11-01 to 2017-10-3123,750,071USD365
2015-11-01 to 2016-10-3122,792,276USD366
2014-11-01 to 2015-10-3124,961,868USD365

Revenue

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

PeriodValueUnitDays
2017-08-01 to 2017-10-3154,153,275USD92
2016-11-01 to 2017-10-31215,782,391USD365
2017-05-01 to 2017-07-3154,250,994USD92
2017-02-01 to 2017-04-3052,802,058USD89
2016-11-01 to 2017-01-3154,576,064USD92
2016-08-01 to 2016-10-3155,531,621USD92
2015-11-01 to 2016-10-31215,526,226USD366
2016-05-01 to 2016-07-3158,018,553USD92
2016-02-01 to 2016-04-3050,974,398USD90
2015-11-01 to 2016-01-3151,001,654USD92
2015-08-01 to 2015-10-3154,823,174USD92
2014-11-01 to 2015-10-31231,254,508USD365
2015-05-01 to 2015-07-3158,671,723USD92
2015-02-01 to 2015-04-3059,067,109USD89
2014-11-01 to 2015-01-3158,692,502USD92

Financing cash flow

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

PeriodValueUnitDays
2016-11-01 to 2017-10-31-6,070,558USD365
2015-11-01 to 2016-10-31-16,963,650USD366
2014-11-01 to 2015-10-31-30,649,673USD365

Investing cash flow

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

PeriodValueUnitDays
2016-11-01 to 2017-10-31-9,818,948USD365
2015-11-01 to 2016-10-31-4,727,305USD366
2014-11-01 to 2015-10-31-8,824,669USD365

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 2017-10-3172,271,013USD
At 2016-10-3178,968,016USD

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
2017-08-01 to 2017-10-314,581,816USD92
2016-11-01 to 2017-10-3114,931,595USD365
2017-05-01 to 2017-07-312,740,127USD92
2017-02-01 to 2017-04-302,371,966USD89
2016-11-01 to 2017-01-315,237,686USD92
2016-08-01 to 2016-10-315,739,434USD92
2015-11-01 to 2016-10-3111,573,525USD366
2016-05-01 to 2016-07-315,017,859USD92
2016-02-01 to 2016-04-30784,201USD90
2015-11-01 to 2016-01-3132,031USD92
2015-08-01 to 2015-10-311,551,398USD92
2014-11-01 to 2015-10-3117,424,403USD365
2015-05-01 to 2015-07-317,494,444USD92
2015-02-01 to 2015-04-304,173,843USD89
2014-11-01 to 2015-01-314,204,718USD92

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 2017-10-3145,202,938USD
At 2016-10-3140,349,179USD

Interest expense

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

PeriodValueUnitDays
2016-11-01 to 2017-10-31323,708USD365
2015-11-01 to 2016-10-31453,398USD366
2014-11-01 to 2015-10-31525,108USD365

Current liabilities

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

PeriodValueUnitDays
At 2017-10-318,980,073USD
At 2016-10-3114,337,010USD

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 2017-10-317,535,468USD
At 2016-10-315,624,840USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2017-10-311,372,473USD
At 2016-10-311,372,473USD

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 2017-10-317,622,601USD
At 2016-10-316,654,994USD

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
2016-11-01 to 2017-10-316,167,883USD365
2015-11-01 to 2016-10-315,325,569USD366
2014-11-01 to 2015-10-315,175,915USD365

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 2017-10-3115,241,092USD
At 2016-10-3118,341,413USD

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
2017-08-01 to 2017-10-316,094,930USD92
2016-11-01 to 2017-10-3121,099,478USD365
2017-05-01 to 2017-07-314,203,141USD92
2017-02-01 to 2017-04-303,956,500USD89
2016-11-01 to 2017-01-316,844,907USD92
2016-08-01 to 2016-10-316,890,645USD92
2015-11-01 to 2016-10-3116,899,094USD366
2016-05-01 to 2016-07-316,301,875USD92
2016-02-01 to 2016-04-302,273,697USD90
2015-11-01 to 2016-01-311,432,877USD92
2015-08-01 to 2015-10-312,631,235USD92
2014-11-01 to 2015-10-3122,600,318USD365
2015-05-01 to 2015-07-318,795,890USD92
2015-02-01 to 2015-04-305,545,088USD89
2014-11-01 to 2015-01-315,628,105USD92

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 2017-10-318,897,685USD
At 2016-10-311,883,726USD

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 2017-10-31156,624,355USD
At 2016-10-31154,332,741USD

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 2017-10-3184,353,342USD
At 2016-10-3175,364,725USD

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 2017-10-31743,106USD
At 2016-10-31781,254USD

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 2017-10-31972,043USD
At 2016-10-31997,319USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2017-10-31361,340USD
At 2016-10-31325,989USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2016-11-01 to 2017-10-3115,121,546USD365
2015-11-01 to 2016-10-3111,228,262USD366
2014-11-01 to 2015-10-3116,946,833USD365

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
2016-11-01 to 2017-10-319,320,000USD365
2015-11-01 to 2016-10-319,641,000USD366
2014-11-01 to 2015-10-319,612,000USD365

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
2016-11-01 to 2017-10-319,357,674USD365
2015-11-01 to 2016-10-319,681,148USD366
2014-11-01 to 2015-10-319,650,226USD365

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
2016-11-01 to 2017-10-3138,000USD365
2015-11-01 to 2016-10-3138,000USD366
2014-11-01 to 2015-10-3138,000USD365

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
2016-11-01 to 2017-10-31457,275USD365
2015-11-01 to 2016-10-3199,735USD366
2014-11-01 to 2015-10-3138,169USD365

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
2016-11-01 to 2017-10-31189,951USD365
2015-11-01 to 2016-10-31-345,263USD366
2014-11-01 to 2015-10-31-477,570USD365

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
2016-11-01 to 2017-10-31323,708USD365
2015-11-01 to 2016-10-31453,398USD366
2014-11-01 to 2015-10-31525,108USD365

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
2016-11-01 to 2017-10-31967,607USD365
2015-11-01 to 2016-10-31-3,012,478USD366
2014-11-01 to 2015-10-31385,771USD365

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
2016-11-01 to 2017-10-31-3,100,321USD365
2015-11-01 to 2016-10-316,129,388USD366
2014-11-01 to 2015-10-311,486,881USD365

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
2016-11-01 to 2017-10-31-3,662,718USD365
2015-11-01 to 2016-10-315,276,025USD366
2014-11-01 to 2015-10-31-1,017,508USD365

Inspect the source

Entity
GRANITE FALLS ENERGY, LLC / CIK 0001181749
Captured
SEC response SHA-256
3cd57bd12b36597ba0294afb5ffbc776be16d51ebc76b998aa4536ba88f426ec

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/0001181749.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"])))