PARKS AMERICA, INC company info

CIK 1297937
IRS Number 910626756
State of incorporation NV
Business address 1300 OAK GROVE RD
None
PINE MOUNTAIN
GA
31822
Mail address 1300 OAK GROVE RD
None
PINE MOUNTAIN
GA
31822

Short summary

PARKS AMERICA, INC is a Georgia company, with head office located at 1300 Oak Grove Rd Pine Mountain, Georgia 31822. The company achieved a record breaking net income in 2016 - 1.90 million USD. In 2019 the company owned a total of 10.30 million USD worth of assets, including 3.49 million USD worth of current assets. The company amassed the most assets last year, totalling up to 10.30 million USD.

PARKS AMERICA, INC Income Statement

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Revenue, Net 3.373.673.733.944.344.96
Cost of Goods and Services Sold 0.500.530.49
Selling, General and Administrative Expense 2.492.312.602.662.622.653.083.213.40
Operating Expenses 3.323.15
Operating Income (Loss) 0.060.540.380.220.891.422.141.711.54
Interest expense -0.33-0.27-0.24-0.21-0.220.210.200.180.08
Other Nonoperating Income (Expense) 0.110.030.010.01
Income Tax Expense (Benefit) 000.050.010.05-0.690.780.410.40
Net income -0.160.300.19-0.010.621.901.261.011.10

PARKS AMERICA, INC Balance Sheet

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Cash and cash equivalents 0.100.170.150.220.310.250.391.543.193.252.94
Accounts Receivable, Net, Current 00.0200.02
Inventories 0.100.120.150.160.180.140.130.220.260.24
Property, Plant and Equipment, Gross 8.118.398.369.2410.1210.4710.13
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment -1.86-2.17-2.24-2.81-3.423.843.43
Intangible Assets, Net (Excluding Goodwill) 0.000.000.180.170.160.160.000.000.000.00
Other Assets, Noncurrent 0.010.010.010.010.010.12
Total assets 6.716.546.866.887.407.629.0710.2710.2810.30
Current assets 0.310.290.390.520.941.051.773.573.633.49
Non-current assets 0.01
Accounts payable 0.150.100.090.080.100.070.010.020.060.04
Total current liabilities 0.860.960.560.450.820.770.330.380.680.57
Long-term Debt, Excluding Current Maturities 3.523.463.112.641.211.05
Long-term Debt 3.393.573.553.413.313.042.851.421.27
Total liabilities 4.434.354.133.974.234.093.383.021.881.62
Common Stock, Value, Issued 0.070.070.070.070.070.070.070.070.070.08
Retained Earnings (Accumulated Deficit) -2.58-2.67-2.13-1.96-1.70-1.350.802.353.473.72

PARKS AMERICA, INC Cash Flow

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Net income -0.160.300.19-0.010.621.901.261.011.10
Depreciation and amortization 0.310.320.300.320.330.34
Depreciation and amortization 0.310.320.310.320.330.340.390.430.45
Accounts receivable 00.02-0.010.010
Inventories 0.02-0.020.000.01-0.00-0.030.050.08-0.04
Accounts payable -0.110.01-0.020.010.02-0.120.11-0.050.00
Net Cash Provided by (Used in) Operating Activities -0.040.530.380.671.051.461.831.771.86
Payments to Acquire Property, Plant, and Equipment -0.08-0.15-0.37-0.21-0.590.430.440.610.55
Net Cash Provided by (Used in) Investing Activities -0.03-0.15-0.34-0.20-1.04-0.430.02-0.61-0.55
Net Cash Provided by (Used in) Financing Activities -0.15-0.270.12-0.12-0.11-0.12-0.13-1.69-0.20
Cash and Cash Equivalents, Period Increase (Decrease) -0.230.110.170.35-0.100.921.72-0.531.11