Cardinal Ethanol LLC company info

CIK 1352081
IRS Number 202327916
State of incorporation IN
Business address 1554 N. 600 E.
None
UNION CITY
IN
47390
Mail address 1554 N. 600 E.
None
UNION CITY
IN
47390

Short summary

Cardinal Ethanol LLC is a Indiana company, with head office located at 1554 N. 600 E. Union City, Indiana 47390. The company achieved a record breaking net income in 2014 - 87.26 million USD. In 2018 the company owned a total of 144.17 million USD worth of assets, including 52.94 million USD worth of current assets. 2010 was the year when the company amassed the most assets.

Cardinal Ethanol LLC Income Statement

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Cost of Goods and Services Sold 204.01209.24251.67
Gross Profit 7.0628.9334.339.2233.4992.9443.3918.8819.2615.19
Operating Expenses 3.733.744.254.684.704.954.715.235.526.78
Operating Income (Loss) 3.3425.1930.084.5428.7988.0038.6813.6513.738.41
Interest expense 4.354.804.412.822.460.730.000.190.360.86
Other Nonoperating Income (Expense) 0.030.05-0.160.130.01-0.010.050.060.050.08
Net income -0.9520.4525.511.8526.3687.2638.7213.5213.427.63

Cardinal Ethanol LLC Balance Sheet

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Accounts Receivable, Net, Current 17.8911.3219.1717.7811.9810.3613.7916.2116.47
Inventories 13.5213.3216.0715.1215.7022.4414.4222.5827.31
Property, Plant and Equipment, Gross 149.63150.80151.40155.94163.93167.36173.53187.88188.51
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 22.5130.9539.4948.1557.0659.3769.0679.9491.56
Total assets 177.71160.53163.71168.25147.88152.89149.19153.05144.17
Current assets 49.6839.9251.1459.7440.1945.4239.5851.9752.94
Accounts payable 0.102.083.783.214.673.273.482.952.91
Total current liabilities 23.1117.8015.0812.3413.7610.8511.9117.4721.14
Long-term Debt, Excluding Current Maturities 28.8925.080010.0513.7014.365.80
Long-term Debt 31.5827.9414.8218.337.23
Total liabilities -2.71-1.36
Retained Earnings (Accumulated Deficit) 39.7050.6155.9884.9963.2161.0752.6750.3145.23
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.53-2.37-1.0100

Cardinal Ethanol LLC Cash Flow

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Net income -0.9520.4525.511.8526.3687.2638.7213.5213.427.63
Depreciation and amortization 8.108.458.548.668.748.729.019.7010.8811.62
Accounts receivable 5.957.325.872.69-0.930.91-9.80-0.393.43-5.47
Inventories 7.392.543.40-2.400.99-2.906.33-1.662.511.95
Accounts payable 1.150.82-0.070.310.87-0.490.47-1.141.510.17
Net Cash Provided by (Used in) Operating Activities -2.2519.9421.6518.0033.43101.8450.2023.2121.5425.37
Payments to Acquire Property, Plant, and Equipment 0.280.771.130.623.450.036.450.570.12
Net Cash Provided by (Used in) Investing Activities -13.93-3.77-0.77-1.23-0.68-3.97-10.52-6.93-12.95-2.06
Proceeds from Issuance of Long-term Debt 24.81029.800004.8710.136.483.52
Net Cash Provided by (Used in) Financing Activities 22.98-20.12-13.40-26.89-9.21-94.36-46.26-13.85-13.65-23.46
Cash and Cash Equivalents, Period Increase (Decrease) 6.80-3.957.48-10.1223.533.52-6.902.17-5.07-0.16