Arts Financial Statements From 2010 to 2024

ARTW Stock  USD 1.97  0.02  1.01%   
Arts Way financial statements provide useful quarterly and yearly information to potential Arts Way Manufacturing Co investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Arts Way financial statements helps investors assess Arts Way's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Arts Way's valuation are summarized below:
Gross Profit
7.3 M
Profit Margin
(0.02)
Market Capitalization
10.1 M
Enterprise Value Revenue
0.6003
Revenue
28.9 M
There are over one hundred nineteen available fundamental signals for Arts Way Manufacturing Co, which can be analyzed over time and compared to other ratios. All traders should should validate Arts Way's prevailing fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable. Enterprise Value is likely to climb to about 14.8 M in 2024, whereas Market Cap is likely to drop slightly above 5 M in 2024.

Arts Way Total Revenue

23.46 Million

Check Arts Way financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arts main balance sheet or income statement drivers, such as Depreciation And Amortization of 655.9 K, Interest Expense of 385.3 K or Selling General Administrative of 3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0483 or PTB Ratio of 1.55. Arts financial statements analysis is a perfect complement when working with Arts Way Valuation or Volatility modules.
  
This module can also supplement various Arts Way Technical models . Check out the analysis of Arts Way Correlation against competitors.

Arts Way Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets19.6 M28.1 M24.3 M
Pretty Stable
Short and Long Term Debt Total6.2 M9.4 M7.2 M
Very volatile
Other Current Liabilities1.4 M1.8 M1.6 M
Slightly volatile
Total Current Liabilities6.2 M10.8 M6.9 M
Slightly volatile
Total Stockholder Equity10.3 M13.4 M13.4 M
Slightly volatile
Property Plant And Equipment NetM5.8 M7.1 M
Slightly volatile
Net DebtM9.4 M6.8 M
Very volatile
Retained Earnings8.3 M8.1 M10.2 M
Slightly volatile
Cash3.4 K3.6 K301.2 K
Slightly volatile
Non Current Assets TotalM10.7 M9.3 M
Very volatile
Cash And Short Term Investments3.4 K3.6 K301.2 K
Slightly volatile
Net Receivables2.5 M4.3 M2.7 M
Slightly volatile
Common Stock Shares Outstanding3.7 M5.8 M4.2 M
Slightly volatile
Liabilities And Stockholders Equity19.6 M28.1 M24.3 M
Pretty Stable
Non Current Liabilities Total3.1 M3.9 M3.9 M
Slightly volatile
Inventory9.7 M12.7 M11.3 M
Pretty Stable
Other Current Assets337.1 K295.8 K210.3 K
Pretty Stable
Other Stockholder Equity9.3 M5.3 M7.7 M
Slightly volatile
Total Liabilities9.3 M14.7 M10.9 M
Very volatile
Property Plant And Equipment Gross22.5 M21.4 M12.2 M
Slightly volatile
Total Current Assets13.6 M17.3 M14.9 M
Pretty Stable
Short Term Debt3.1 M5.5 M3.7 M
Slightly volatile
Accounts Payable2.1 MM1.3 M
Slightly volatile
Long Term Debt3.9 MM3.4 M
Slightly volatile
Common Stock Total Equity35.6 K51.4 K40.6 K
Slightly volatile
Common Stock37.9 K58.7 K42.1 K
Slightly volatile
Property Plant EquipmentM8.2 M6.7 M
Very volatile
Other Liabilities805.3 K678.9 K807.6 K
Slightly volatile
Intangible Assets473.2 K337.5 K522.8 K
Slightly volatile
Net Tangible Assets11.7 M10 M13.9 M
Slightly volatile
Current Deferred Revenue439.1 K404 K402.2 K
Slightly volatile
Retained Earnings Total Equity10.2 M5.8 M10.9 M
Slightly volatile
Long Term Debt Total3.3 M2.4 M3.7 M
Slightly volatile
Capital Surpluse3.1 MM3.1 M
Slightly volatile
Short and Long Term Debt3.5 M5.2 MM
Slightly volatile
Net Invested Capital14.5 M16.9 M19.1 M
Slightly volatile
Net Working Capital4.7 M5.1 M7.2 M
Slightly volatile
Long Term Investments4.9 K5.2 K84.6 K
Slightly volatile
Capital Stock50.8 K58.7 K45.5 K
Slightly volatile
Capital Lease Obligations1.2 M1.1 M299.5 K
Slightly volatile

Arts Way Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization655.9 K925.5 K869.7 K
Pretty Stable
Interest Expense385.3 K531 K420.1 K
Pretty Stable
Selling General AdministrativeM3.9 M3.7 M
Very volatile
Total Revenue23.5 M34.8 M26.3 M
Very volatile
Gross Profit6.2 M9.2 M6.2 M
Very volatile
Other Operating Expenses22.7 M33.1 M26.2 M
Pretty Stable
Cost Of Revenue17.3 M25.6 M20.1 M
Very volatile
Total Operating Expenses5.4 M7.4 M6.1 M
Slightly volatile
Research Development445.6 K234.6 K468.4 K
Slightly volatile
Selling And Marketing Expenses2.1 M2.5 MM
Slightly volatile
Non Recurring311 K532.1 K506.6 K
Pretty Stable
Interest Income337.3 K411.9 K328.3 K
Slightly volatile
Reconciled Depreciation652.6 K724.3 K753.4 K
Pretty Stable

Arts Way Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow4.3 K4.5 K375.6 K
Slightly volatile
Depreciation640.2 K925.5 K769.4 K
Pretty Stable
Capital Expenditures767.9 K968.1 K691.7 K
Slightly volatile
End Period Cash Flow3.4 K3.6 K414.5 K
Slightly volatile
Stock Based Compensation352.8 K336 K178.2 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.460.38240.5433
Slightly volatile
Dividend Yield0.04830.0460.0329
Slightly volatile
PTB Ratio1.550.92591.063
Pretty Stable
Days Sales Outstanding43.866.123242.81
Very volatile
Book Value Per Share2.182.5653.2707
Slightly volatile
Invested Capital0.680.71930.5605
Slightly volatile
Average Payables2.1 MM1.3 M
Slightly volatile
Stock Based Compensation To Revenue0.00910.00870.0064
Slightly volatile
PB Ratio1.550.92591.063
Pretty Stable
EV To Sales0.620.67230.8169
Slightly volatile
Inventory Turnover2.071.56451.742
Slightly volatile
Days Of Inventory On Hand165233224
Slightly volatile
Payables Turnover16.3619.421.1472
Slightly volatile
Sales General And Administrative To Revenue0.110.130.1402
Pretty Stable
Average Inventory8.7 M8.9 M10 M
Pretty Stable
Research And Ddevelopement To Revenue0.02080.02170.0189
Pretty Stable
Cash Per Share0.04280.0450.0766
Slightly volatile
Days Payables Outstanding33.9918.814427.6935
Very volatile
Intangibles To Total Assets0.01530.01380.0182
Slightly volatile
Current Ratio1.942.0872.2574
Slightly volatile
Tangible Book Value Per Share2.162.5653.2181
Slightly volatile
Receivables Turnover5.245.529.202
Slightly volatile
Graham Number4.764.55814.3774
Slightly volatile
Shareholders Equity Per Share2.182.5653.2707
Slightly volatile
Debt To Equity0.680.71930.5605
Slightly volatile
Average Receivables1.5 M2.3 M2.3 M
Very volatile
Revenue Per Share7.226.216.2982
Pretty Stable
Interest Debt Per Share1.282.4751.874
Slightly volatile
Debt To Assets0.240.34450.2928
Very volatile
Operating Cycle197299266
Slightly volatile
Price Book Value Ratio1.550.92591.063
Pretty Stable
Days Of Payables Outstanding33.9918.814427.6935
Very volatile
Ebt Per Ebit1.621.54551.1285
Very volatile
Effective Tax Rate0.350.33330.2688
Pretty Stable
Company Equity Multiplier2.212.08771.8658
Slightly volatile
Long Term Debt To Capitalization0.160.19720.195
Pretty Stable
Total Debt To Capitalization0.40.41840.3548
Slightly volatile
Debt Equity Ratio0.680.71930.5605
Slightly volatile
Quick Ratio0.630.56520.468
Pretty Stable
Net Income Per E B T0.620.66670.6989
Pretty Stable
Cash Ratio0.02070.02170.0445
Slightly volatile
Cash Conversion Cycle174281239
Slightly volatile
Days Of Inventory Outstanding165233224
Slightly volatile
Days Of Sales Outstanding43.866.123242.81
Very volatile
Price To Book Ratio1.550.92591.063
Pretty Stable
Fixed Asset Turnover6.66.21214.0074
Slightly volatile
Debt Ratio0.240.34450.2928
Very volatile
Price Sales Ratio0.460.38240.5433
Slightly volatile
Asset Turnover1.421.15971.0716
Slightly volatile
Gross Profit Margin0.290.29710.2405
Very volatile
Price Fair Value1.550.92591.063
Pretty Stable

Arts Way Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapM5.3 M11.7 M
Slightly volatile
Enterprise Value14.8 M9.3 M18.8 M
Slightly volatile

Arts Fundamental Market Drivers

Cash And Short Term Investments4014.00

Arts Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
30th of November 2023
Next Fiscal Quarter End
View

About Arts Way Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Arts Way income statement, its balance sheet, and the statement of cash flows. Arts Way investors use historical funamental indicators, such as Arts Way's revenue or net income, to determine how well the company is positioned to perform in the future. Although Arts Way investors may use each financial statement separately, they are all related. The changes in Arts Way's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arts Way's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Arts Way Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arts Way. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue404 K439.1 K
Total Revenue34.8 M23.5 M
Cost Of Revenue25.6 M17.3 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.13  0.11 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 6.21  7.22 
Ebit Per Revenue(0.02)(0.02)

Pair Trading with Arts Way

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arts Way position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arts Way will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Arts Way could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arts Way when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arts Way - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arts Way Manufacturing Co to buy it.
The correlation of Arts Way is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arts Way moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arts Way Manufacturing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arts Way can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Arts Way Manufacturing is a strong investment it is important to analyze Arts Way's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arts Way's future performance. For an informed investment choice regarding Arts Stock, refer to the following important reports:
Check out the analysis of Arts Way Correlation against competitors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Arts Way's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arts Way. If investors know Arts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arts Way listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.584
Revenue Per Share
5.768
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0152
Return On Equity
(0)
The market value of Arts Way Manufacturing is measured differently than its book value, which is the value of Arts that is recorded on the company's balance sheet. Investors also form their own opinion of Arts Way's value that differs from its market value or its book value, called intrinsic value, which is Arts Way's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arts Way's market value can be influenced by many factors that don't directly affect Arts Way's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arts Way's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arts Way is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arts Way's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.