Company Information

  

Address: P O BOX 288  
City: ARMSTRONG 
State: IA 
Zip Code: 50514 
Telephone: 712-864-3131 

Description of Business

Primary SIC Code: 3523
(As filed with the SEC)  

Art's-Way Manufacturing Co., Inc., a Delaware corporation ("we," "us," "our," and the "Company"), began operations as a farm equipment manufacturer in 1956. Since that time, we have become a worldwide manufacturer of agricultural equipment, specialized modular science buildings and steel cutting tools. Our principal manufacturing plant is located in Armstrong, Iowa. We have organized our business into three operating segments. Management separately evaluates the financial results of each segment because each is a strategic business unit offering different products and requiring different technology and marketing strategies.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
08/2017-0.21NAN/E
05/2017-0.32NAN/E
02/2017-0.19NAN/E
11/2016-0.10NAN/E
08/2016-0.08NAN/E
05/2016-0.23NAN/E
02/2016-0.16NAN/E
11/2015-0.14NAN/E

Key Financial Ratios and Statistics

FYE: 11/30

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.29Total Liab/Total Assets0.36
Net Inc/Total Assets-0.03Total Liab/Inv Cap0.65
Net Inc/Inv Cap-0.05Total Liab/Comm Equity3.50
Pretax Inc/Net Sales-0.02Interest Coverage Ratio-1.10
Net Inc/Net Sales-0.04Curr Debt/Equity0.29
Cash Flow/Net Sales0.11LTD/Equity0.08
SG&A/NetSales0.24Total Debt/Equity0.37
Asset Utilization   Liquidity  
Net Receivables Turnover6.69Quick Ratio0.58
Inventory Turnover1.13Current Ratio2.50
Inventory Day Sales0.00Net Rec/Curr Assets0.16
Net Sales/Work Cap2.04Inv/Curr Assets0.77
Net Sales/PP&E2.89  

Income Statement (Millions)

  8/31/2017 5/31/2017 2/28/2017 11/30/2016
Total Revenues(Net Sales) 6.55 4.69 4.42 4.12
Cost of Goods Sold 5.10 3.88 3.31 3.15
Selling & Admin Exps 1.23 1.40 1.33 1.31
Operating Income 0.11 -0.72 -0.35 -0.50
Interest Exp 0.09 0.08 0.06 0.07
Pretax Income 0.09 -0.74 -0.36 -0.52
Other Income 0.08 0.06 0.05 0.04
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.02 -0.53 -0.25 -0.56

Balance Sheet (Millions)

Assets 8/31/2017 5/31/2017 2/28/2017 11/30/2016
Cash & Short Term Investments 0.39 0.21 0.75 1.06
Receivables - Total 2.43 2.45 1.85 2.86
Inventories - Total 13.18 13.96 13.23 13.53
Total Current Assets 16.34 17.06 16.26 17.62
Net Property, Plant & Equipment 7.38 7.39 7.47 7.46
Total Assets 26.49 27.27 26.29 27.24
Liabilities        
Accounts Payable 2.47 2.60 1.48 1.49
Debt in Current Liabilities 6.11 6.26 5.71 5.09
Total Current Liabilities 9.35 10.20 8.69 7.06
Long-Term Debt 0.27 0.30 0.34 1.39
Total Liabilities 9.62 10.51 9.03 9.77
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.04 0.04 0.04 0.04
Retained Earnings 14.24 14.21 14.74 14.99
Treasury Stock -0.01 -0.01 -0.01 NA
Total Stockholders' Equity 16.87 16.76 17.26 17.48
Total Liabilities and Stockholders' Equity 26.49 27.27 26.29 27.24

Cash Flow Summary (Millions)

Categories 8/31/2017 5/31/2017 2/28/2017 11/30/2016
Net Cash Provided by Operating Activities 0.51 -0.91 0.29 1.02
Net Cash Provided by Investing Activities -0.17 -0.10 -0.14 -0.12
Net Cash Provided by Financing Activities -0.22 0.48 -0.47 -0.33

Annual Summary Data (Millions)

Year Sales Net Income EPS
11/201236.462.670.66
11/201334.231.550.38
11/201436.170.940.23
11/201526.33-0.56-0.14
11/201621.56-0.82-0.10
Growth Rates-12.31----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1714912.19




Report Date : 12/11/2017

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