APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN company info

CIK 862861
IRS Number 411454591
State of incorporation NV
Business address 325 E. WARM SPRINGS ROAD
SUITE 102
LAS VEGAS
NV
89119
Mail address 325 E. WARM SPRINGS ROAD
SUITE 102
LAS VEGAS
NV
89119

Short summary

APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN is a Nevada company, with head office located at 325 E. Warm Springs Road Las Vegas, Nevada 89119. In 2018 the company owned a total of 33.48 million USD worth of assets, including 8.35 million USD worth of current assets. 2011 was the year when the company amassed the most assets.

APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN Income Statement

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Revenue, Net 108.16126.67114.31127.88130.93111.84103.59
Cost of Goods and Services Sold 75.2689.9384.9295.1998.1286.3974.9228.4025.74
Gross Profit 32.9036.7427.9632.6932.8125.4512.3613.1511.05
Selling, General and Administrative Expense 29.8329.4930.1029.3030.2629.5511.2413.3817.15
Operating Income (Loss) 3.077.24-3.224.582.55-4.101.12-0.23-6.10
Interest expense 1.051.141.141.201.001.291.170.890.67
Other Nonoperating Income (Expense) 0.88-0.02-0.01-0.09-0.05-0.250.15-0.050.43
Income Tax Expense (Benefit) 0.691.370.08-0.340.71-1.710.43-1.33-0.73
Net income -1.77-0.38-5.61

APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN Balance Sheet

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Cash and cash equivalents 2.804.213.732.662.533.562.320.190.411.37
Accounts Receivable, Net, Current 5.036.189.3411.849.4211.018.795.965.31
Inventories 16.5921.1114.0417.3516.0515.2812.571.101.02
Deferred income taxes 0.1700.522.081.6601.110.90
Property, Plant and Equipment, Gross 24.5824.7325.9223.8224.0421.186.266.46
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 11.9713.0114.2112.0613.0513.195.675.72
Goodwill 1.121.120.040.040.040.040.040
Other Assets, Noncurrent 1.061.131.030.840.660.590.870.360.09
Total assets 39.8648.5741.1347.1045.4045.0135.5336.4433.48
Current assets 25.2133.6827.8533.1333.2032.7923.888.828.35
Accounts payable 4.475.575.916.428.056.734.842.783.78
Total current liabilities 23.8823.3620.1420.2226.4629.7416.709.2511.55
Long-term Debt 7.316.586.265.824.47
Deferred income taxes 0.880.921.091.05003.723.55
Total liabilities 27.7231.6727.1226.9131.8833.5420.3913.1215.25
Common Stock, Value, Issued 19.7420.4920.6421.0121.2221.5022.440.010.00
Retained Earnings (Accumulated Deficit) -9.26-5.50-7.70-3.77-8.56-10.03-6.76-13.79-19.92
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.27-0.37-0.43-0.48-0.79-0.55-0.54-0.53-0.52

APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN Cash Flow

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Net income -1.77-0.38-5.61
Depreciation and amortization 1.270.960.750.27
Depreciation 1.221.141.291.281.19
Amortization of Intangible Assets 0.080.080.080.0801.403.73
Depreciation and amortization 1.401.301.221.371.361.270.962.154.00
Deferred Income Tax Expense (Benefit) 1.620.370.70-0.31-0.61-0.10
Accounts receivable 0.792.42-1.186.02-1.230.58-1.011.16-3.95
Inventories -0.191.86-1.18-0.62-0.540.62-0.44-0.260.04
Net Cash Provided by (Used in) Operating Activities 2.661.234.15
Payments to Acquire Property, Plant, and Equipment 5.631.760.820.500.820.400.380.020.40
Payments to Acquire Intangible Assets 00.200
Net Cash Provided by (Used in) Investing Activities -0.417.33-0.17
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -5.59-1.05-0.82-0.99-0.30-0.95-0.417.33-0.17
Proceeds from Issuance of Common Stock 1.720.120.090.040.020.020
Net Cash Provided by (Used in) Financing Activities -3.22-6.27-6.11
Cash and Cash Equivalents, Period Increase (Decrease) -1.55-1.002.35-2.12