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. 4 -------------------------------------------------------------------------------- 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
05/2018-0.43NAN/E
02/2018-0.40NAN/E
11/2017-0.33NAN/E
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

Key Financial Ratios and Statistics

FYE: 11/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.57Total Liab/Total Assets0.34
Net Inc/Total Assets-0.07Total Liab/Inv Cap0.50
Net Inc/Inv Cap-0.10Total Liab/Comm Equity2.90
Pretax Inc/Net Sales-0.09Interest Coverage Ratio-4.61
Net Inc/Net Sales-0.08Curr Debt/Equity0.17
Cash Flow/Net Sales0.04LTD/Equity0.17
SG&A/NetSales0.25Total Debt/Equity0.34
Asset Utilization   Liquidity  
Net Receivables Turnover8.57Quick Ratio0.49
Inventory Turnover1.30Current Ratio2.86
Inventory Day Sales0.00Net Rec/Curr Assets0.14
Net Sales/Work Cap2.21Inv/Curr Assets0.83
Net Sales/PP&E2.89  

Income Statement (Millions)

  5/31/2018 2/28/2018 11/30/2017 8/31/2017
Total Revenues(Net Sales) 5.29 5.37 5.05 6.55
Cost of Goods Sold 4.15 4.25 4.34 5.10
Selling & Admin Exps 1.47 1.30 1.27 1.23
Operating Income -0.46 -0.31 -0.76 0.11
Interest Exp 0.07 0.07 0.08 0.09
Pretax Income -0.78 -0.31 -0.78 0.09
Other Income -0.25 0.07 0.06 0.08
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -0.67 -0.57 -0.88 0.02

Balance Sheet (Millions)

Assets 5/31/2018 2/28/2018 11/30/2017 8/31/2017
Cash & Short Term Investments 0.12 0.21 0.21 0.39
Receivables - Total 2.34 1.83 1.98 2.43
Inventories - Total 10.73 11.07 11.97 13.18
Total Current Assets 13.39 13.54 14.43 16.34
Net Property, Plant & Equipment 7.70 7.02 7.16 7.38
Total Assets 22.59 23.39 24.38 26.49
Liabilities        
Accounts Payable 1.89 1.81 1.71 2.47
Debt in Current Liabilities 2.35 2.18 2.68 6.11
Total Current Liabilities 4.85 4.66 5.05 9.35
Long-Term Debt 2.64 2.69 2.75 0.27
Total Liabilities 7.49 7.95 8.39 9.62
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 12.12 12.79 13.35 14.24
Treasury Stock -0.03 -0.03 -0.01 -0.01
Total Stockholders' Equity 15.11 15.45 15.99 16.87
Total Liabilities and Stockholders' Equity 22.59 23.39 24.38 26.49

Cash Flow Summary (Millions)

Categories 5/31/2018 2/28/2018 11/30/2017 8/31/2017
Net Cash Provided by Operating Activities -0.92 0.49 0.86 0.51
Net Cash Provided by Investing Activities 1.32 -0.04 -0.02 -0.17
Net Cash Provided by Financing Activities -0.49 -0.58 -0.96 -0.22

Annual Summary Data (Millions)

Year Sales Net Income EPS
11/201334.231.550.38
11/201436.170.940.23
11/201526.33-0.56-0.14
11/201621.56-0.82-0.10
11/201720.72-1.64-0.33
Growth Rates-11.80----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18161212.90




Report Date : 7/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.