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HERON LAKE BIOENERGY, LLC: 10-K filed 2015-01-28

What HERON LAKE BIOENERGY, LLC reported in its annual report filed 2015-01-28 (fiscal FY 2014): 35 published measures, 146 facts as tagged in accession 0001286964-15-000002.

This filing

Form
10-K (annual report)
Filed
2015-01-28
Fiscal period
fiscal FY 2014
Accession
0001286964-15-000002 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 HERON LAKE BIOENERGY, LLC filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2014-10-3166,122,250USD
At 2013-10-3160,793,917USD

Stockholders equity

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

PeriodValueUnitDays
At 2014-10-3155,047,120USD
At 2013-10-3127,142,275USD

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 2014-10-31662,128USD
At 2013-10-31543,238USD
At 2012-10-31653,361USD
At 2011-10-317,140,573USD

Revenue

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

PeriodValueUnitDays
2013-11-01 to 2014-10-31149,418,044USD365
2012-11-01 to 2013-10-31163,764,144USD365

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
2013-11-01 to 2014-10-3169,233,367shares365
2012-11-01 to 2013-10-3144,868,463shares365
2011-11-01 to 2012-10-3138,510,066shares366

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
2013-11-01 to 2014-10-3178,389,586shares365
2012-11-01 to 2013-10-3148,086,445shares365
2011-11-01 to 2012-10-3138,510,066shares366

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
2014-08-01 to 2014-10-310.06USD/shares92
2013-11-01 to 2014-10-310.35USD/shares365
2014-05-01 to 2014-07-310.1USD/shares92
2014-02-01 to 2014-04-300.1USD/shares89
2013-11-01 to 2014-01-310.09USD/shares92
2013-08-01 to 2013-10-310.03USD/shares92
2012-11-01 to 2013-10-310.04USD/shares365
2013-05-01 to 2013-07-310.07USD/shares92
2013-02-01 to 2013-04-30-0.03USD/shares89
2012-11-01 to 2013-01-31-0.02USD/shares92
2011-11-01 to 2012-10-31-0.85USD/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
2014-08-01 to 2014-10-310.06USD/shares92
2013-11-01 to 2014-10-310.31USD/shares365
2014-05-01 to 2014-07-310.09USD/shares92
2014-02-01 to 2014-04-300.08USD/shares89
2013-11-01 to 2014-01-310.08USD/shares92
2013-08-01 to 2013-10-310.03USD/shares92
2012-11-01 to 2013-10-310.04USD/shares365
2013-05-01 to 2013-07-310.06USD/shares92
2013-02-01 to 2013-04-30-0.03USD/shares89
2012-11-01 to 2013-01-31-0.02USD/shares92
2011-11-01 to 2012-10-31-0.85USD/shares366

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 2014-10-3154,367,998USD
At 2013-10-3151,670,272USD

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
2014-08-01 to 2014-10-315,284,529USD92
2013-11-01 to 2014-10-3125,898,588USD365
2014-05-01 to 2014-07-317,514,741USD92
2014-02-01 to 2014-04-306,758,565USD89
2013-11-01 to 2014-01-316,340,753USD92
2013-08-01 to 2013-10-311,915,430USD92
2012-11-01 to 2013-10-315,013,134USD365
2013-05-01 to 2013-07-313,385,958USD92
2013-02-01 to 2013-04-30-192,887USD89
2012-11-01 to 2013-01-31-95,367USD92
2012-08-01 to 2012-10-31-29,745,361USD92
2011-11-01 to 2012-10-31-29,785,258USD366
2012-05-01 to 2012-07-311,206,927USD92
2012-02-01 to 2012-04-30-660,787USD90
2011-11-01 to 2012-01-31-586,037USD92

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 2014-10-3110,896,702USD
At 2013-10-317,849,244USD

Interest expense

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

PeriodValueUnitDays
2013-11-01 to 2014-10-311,665,007USD365
2012-11-01 to 2013-10-312,789,373USD365
2011-11-01 to 2012-10-312,625,322USD366

Current liabilities

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

PeriodValueUnitDays
At 2014-10-318,109,395USD
At 2013-10-315,061,910USD

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 2014-10-314,055,981USD
At 2013-10-31749,426USD

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
2013-11-01 to 2014-10-312,950,047USD365
2012-11-01 to 2013-10-313,214,036USD365
2011-11-01 to 2012-10-313,171,331USD366

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 2014-10-315,187,267USD
At 2013-10-315,604,309USD

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
2014-08-01 to 2014-10-315,773,857USD92
2013-11-01 to 2014-10-3128,848,635USD365
2014-05-01 to 2014-07-318,292,015USD92
2014-02-01 to 2014-04-307,602,033USD89
2013-11-01 to 2014-01-317,180,730USD92
2013-08-01 to 2013-10-312,547,981USD92
2012-11-01 to 2013-10-318,227,170USD365
2013-05-01 to 2013-07-314,060,158USD92
2013-02-01 to 2013-04-30698,812USD89
2012-11-01 to 2013-01-31920,219USD92
2012-08-01 to 2012-10-31-1,158,097USD92
2011-11-01 to 2012-10-312,130,652USD366
2012-05-01 to 2012-07-311,921,833USD92
2012-02-01 to 2012-04-301,102,346USD90
2011-11-01 to 2012-01-31264,570USD92

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.

PeriodValueUnitDays
At 2014-10-3164,812,107shares
At 2013-10-3138,622,107shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2014-10-3155,900,443USD
At 2013-10-3127,550,852USD
At 2012-10-3117,549,447USD
At 2011-10-3149,481,284USD

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 2014-10-312,958,647USD
At 2013-10-3131,552,730USD

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 2014-10-3189,977,104USD
At 2013-10-3183,005,490USD

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 2014-10-3135,609,106USD
At 2013-10-3131,335,218USD

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 2014-10-31697,254USD
At 2013-10-311,056,031USD

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 2014-10-31215,616USD
At 2013-10-31389,608USD

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
2014-08-01 to 2014-10-315,035,588USD92
2013-11-01 to 2014-10-3124,327,518USD365
2014-05-01 to 2014-07-316,785,754USD92
2014-02-01 to 2014-04-306,323,059USD89
2013-11-01 to 2014-01-315,824,444USD92
2013-08-01 to 2013-10-311,305,042USD92
2012-11-01 to 2013-10-312,267,860USD365
2013-05-01 to 2013-07-312,554,493USD92
2013-02-01 to 2013-04-30-998,139USD89
2012-11-01 to 2013-01-31-920,554USD92
2012-08-01 to 2012-10-31-30,507,102USD92
2011-11-01 to 2012-10-31-32,352,643USD366
2012-05-01 to 2012-07-31470,598USD92
2012-02-01 to 2012-04-30-1,356,345USD90
2011-11-01 to 2012-01-31-1,312,813USD92

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2013-11-01 to 2014-10-3123,968,845USD365
2012-11-01 to 2013-10-311,940,842USD365
2011-11-01 to 2012-10-31-32,705,662USD366

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
2013-11-01 to 2014-10-314,264,000USD365
2012-11-01 to 2013-10-314,258,000USD365
2011-11-01 to 2012-10-315,661,000USD366

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
2013-11-01 to 2014-10-314,321,961USD365
2012-11-01 to 2013-10-314,282,523USD365
2011-11-01 to 2012-10-315,693,459USD366

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
2012-11-01 to 2013-10-3158,000USD365
2011-11-01 to 2012-10-3118,000USD366
2010-11-01 to 2011-10-3132,000USD365

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
2013-11-01 to 2014-10-3193,279USD365
2012-11-01 to 2013-10-3126,764USD365
2011-11-01 to 2012-10-3147,164USD366

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
2013-11-01 to 2014-10-31-1,571,070USD365
2012-11-01 to 2013-10-31-2,745,274USD365
2011-11-01 to 2012-10-31-2,567,385USD366

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2013-11-01 to 2014-10-310USD365
2012-11-01 to 2013-10-316,922,500USD365
2013-07-30 to 2013-07-316,900,000USD2
2011-11-01 to 2012-10-31707,017USD366

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
2013-11-01 to 2014-10-313,306,555USD365
2012-11-01 to 2013-10-31-1,035,335USD365
2011-11-01 to 2012-10-31406,541USD366

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
2013-11-01 to 2014-10-31-417,042USD365
2012-11-01 to 2013-10-312,015,737USD365
2011-11-01 to 2012-10-31-176,044USD366

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
2013-11-01 to 2014-10-312,387,592USD365
2012-11-01 to 2013-10-31-1,390,905USD365
2011-11-01 to 2012-10-31-727,926USD366

Inspect the source

Entity
HERON LAKE BIOENERGY, LLC / CIK 0001286964
Captured
SEC response SHA-256
e75682fadc9673db94cff1a79d630aee7ea8ed0238407246c54aafef12e7e590

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.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001286964.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"])))