US Highland, Inc. company info

CIK 1381871
IRS Number 731556790
State of incorporation OK
Business address 5930 ROYAL LANE,
SUITE E211
DALLAS
TX
75230
Mail address 5930 ROYAL LANE,
SUITE E211
DALLAS
TX
75230

Short summary

US Highland, Inc. is a Texas company, with head office located at 5930 Royal Lane, Dallas, Texas 75230. The company achieved a record breaking net income last year - 15.07 million USD. This is -184.13% higher than one reported in 2014. In 2015 the company owned a total of 104.34 thousand USD worth of assets, including 97.22 thousand USD worth of current assets. 2009 was the year when the company amassed the most assets.

US Highland, Inc. Income Statement

Name [in Millions USD]2009201020112012201320142015Trends
Gross Profit -0.11
Research and development 0.070.18
Operating Expenses 4.141.140.51
Operating Income (Loss) -1.68-3.44-4.14-1.25-0.51
Interest expense 0.283.470.351.671.01
Other Nonoperating Income (Expense) 0.00-0.000.000.000.00
Net income -1.40-6.81-32.11-17.9115.07

US Highland, Inc. Balance Sheet

Name [in Millions USD]2009201020112012201320142015Trends
Cash and cash equivalents 0.010.020.000.000.010.01
Inventories 3.541.031.03
Property, Plant and Equipment, Gross 0.040.040.040.04
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.010.010.020.030.03
Goodwill 0.160.140.14
Other Assets, Noncurrent 0.000.010.010.010.00
Total assets 4.721.910.120.070.080.260.10
Current assets 3.661.201.200.030.050.250.10
Non-current assets 0.640.560.56
Accounts payable 0.220.590.490.490.63
Total current liabilities 0.150.610.612.2040.3392.5818.57
Long-term Debt, Excluding Current Maturities 0.030.02
Long-term Debt 0.030.010.01
Total liabilities 0.190.630.6340.7692.742.45
Common Stock, Value, Issued 0.100.230.010.770.780.780.58
Retained Earnings (Accumulated Deficit) -0.34-1.35-39.91-147.42-72.09

US Highland, Inc. Cash Flow

Name [in Millions USD]2009201020112012201320142015Trends
Net income -1.40-6.81-32.11-17.9115.07
Depreciation and amortization 0.000.010.010.010.01
Depreciation 0.000.00
Depreciation and amortization 0.041.14
Deferred Income Tax Expense (Benefit)
Inventories 0.100.03
Net Cash Provided by (Used in) Operating Activities -1.08-0.76-0.40
Payments to Acquire Property, Plant, and Equipment 0.010.030.00
Net Cash Provided by (Used in) Investing Activities -0.01-0.03-0.00-0.14
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -0.98-2.01-1.08
Proceeds from Issuance of Common Stock 0.280.23
Net Cash Provided by (Used in) Financing Activities 1.041.991.110.880.40
Cash and Cash Equivalents, Period Increase (Decrease) 0.05-0.060.03-0.03-0.00