COMMONWEALTH INCOME & GROWTH FUND VII, LP: 10-K filed 2023-09-22

Name: COMMONWEALTH INCOME & GROWTH FUND VII, LP: 10-K filed 2023-09-22
Creator: COMMONWEALTH INCOME & GROWTH FUND VII, LP
License: https://creativecommons.org/licenses/by/4.0/

What COMMONWEALTH INCOME & GROWTH FUND VII, LP reported in its annual report filed 2023-09-22 (fiscal FY 2022): 24 published measures, 49 facts as tagged in accession 0001654954-23-012155.

This filing

Form: 10-K (annual report)
Filed: 2023-09-22
Fiscal period: fiscal FY 2022
Accession: 0001654954-23-012155 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 COMMONWEALTH INCOME & GROWTH FUND VII, LP 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 2022-12-31	2,851,401	USD
At 2021-12-31	2,374,285	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-12-31	1,326,287	USD
At 2021-12-31	604,873	USD

Stockholders equity

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

Period	Value	Unit
At 2022-12-31	1,525,114	USD
At 2021-12-31	1,769,412	USD
At 2020-12-31	2,264,129	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
2022-01-01 to 2022-12-31	-244,610	USD	365
2021-01-01 to 2021-12-31	-438,034	USD	365

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
2022-01-01 to 2022-12-31	303,137	USD	365
2021-01-01 to 2021-12-31	-605,721	USD	365

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
2022-01-01 to 2022-12-31	449,153	USD	365
2021-01-01 to 2021-12-31	149,840	USD	365

Revenue

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

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	1,009,353	USD	365
2021-01-01 to 2021-12-31	1,514,066	USD	365

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
2022-01-01 to 2022-12-31	-4,067	USD	365
2021-01-01 to 2021-12-31	-56,683	USD	365

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
2022-01-01 to 2022-12-31	-303,494	USD	365
2021-01-01 to 2021-12-31	171,335	USD	365

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.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	-0.16	USD/shares	365
2021-01-01 to 2021-12-31	-0.29	USD/shares	365

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 2022-12-31	868,227	USD
At 2021-12-31	459,738	USD

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 2022-12-31	1,556,287	USD
At 2021-12-31	1,368,406	USD

Interest expense

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

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	8,069	USD	365
2021-01-01 to 2021-12-31	11,932	USD	365

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 2022-12-31	319,000	USD
At 2021-12-31	100,000	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 2022-12-31	1,145,764	USD
At 2021-12-31	1,167,860	USD

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.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	485,182	USD	365
2021-01-01 to 2021-12-31	585,878	USD	365

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2022-12-31	0	USD
At 2021-12-31	4,424	USD
At 2020-12-31	495,494	USD

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.

Period	Value	Unit	Days
At 2022-12-31	408,000	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 2022-12-31	12,796,472	USD
At 2021-12-31	12,891,552	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 2022-12-31	11,928,245	USD
At 2021-12-31	12,431,814	USD

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.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	-244,610	USD	365
2021-01-01 to 2021-12-31	-438,034	USD	365

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
2022-01-01 to 2022-12-31	442,237	USD	365
2021-01-01 to 2021-12-31	876,833	USD	365

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
2022-01-01 to 2022-12-31	22,096	USD	365
2021-01-01 to 2021-12-31	-718,233	USD	365

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.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	-111,068	USD	365
2021-01-01 to 2021-12-31	136,561	USD	365

Inspect the source

Entity: COMMONWEALTH INCOME & GROWTH FUND VII, LP / CIK 0001450335
Captured: 2026-09-23 02:50 UTC
SEC response SHA-256: 78ef89c0800cc400761f5ed9375ad2e73d7c013f15a8ad126dadf7c9ec6652a7

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001450335.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"])))