Granite Falls Energy LLC
Granite Falls Energy, LLC, together with its subsidiaries, engages in the production and sale of ethanol and its co-products in the continental United States. The company offers wet, modified wet and dried distillers' grains, corn oil, and corn syrup. It also operates a natural gas pipeline. The company markets and sells its products through its third-party marketers to the dairy, beef, swine, an… Read more
Granite Falls Energy LLC (GFGY) - Total Assets
Latest total assets as of July 2022: $155.99 Million USD
Based on the latest financial reports, Granite Falls Energy LLC (GFGY) holds total assets worth $155.99 Million USD as of July 2022.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Granite Falls Energy LLC - Total Assets Trend (2003–2021)
This chart illustrates how Granite Falls Energy LLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Granite Falls Energy LLC - Asset Composition Analysis
Current Asset Composition (October 2021)
Granite Falls Energy LLC's total assets of $155.99 Million consist of 44.7% current assets and 55.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 20.2% |
| Accounts Receivable | $12.03 Million | 8.3% |
| Inventory | $20.75 Million | 14.3% |
| Property, Plant & Equipment | $65.47 Million | 45.1% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2021)
This chart illustrates how Granite Falls Energy LLC's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Granite Falls Energy LLC's current assets represent 44.7% of total assets in 2021, an increase from 28.8% in 2003.
- Cash Position: Cash and equivalents constituted 20.2% of total assets in 2021, up from 0.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 45.1% of total assets.
Granite Falls Energy LLC Competitors by Total Assets
Key competitors of Granite Falls Energy LLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Shengli Co Ltd
SHE:000407
|
China | CN¥6.05 Billion |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
China | CN¥1.77 Billion |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
China | CN¥905.01 Million |
|
Hankook Shell Oil
KO:002960
|
Korea | ₩188.72 Billion |
|
Mi Chang Oil
KO:003650
|
Korea | ₩512.60 Billion |
|
SK Discovery Co Ltd
KO:006125
|
Korea | ₩15.44 Trillion |
|
S-Oil Corp
KO:010950
|
Korea | ₩24.99 Trillion |
|
The LEADCORP Inc
KQ:012700
|
Korea | ₩1.05 Trillion |
Granite Falls Energy LLC - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Granite Falls Energy LLC generates 2.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Granite Falls Energy LLC generates $ 12.30 in net profit.
Granite Falls Energy LLC - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.14 | 1.88 | 5.03 |
| Quick Ratio | 1.46 | 0.72 | 3.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $41.72 Million | $ 17.24 Million | $ 36.22 Million |
Granite Falls Energy LLC - Advanced Valuation Insights
This section examines the relationship between Granite Falls Energy LLC's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.90 |
| Latest Market Cap to Assets Ratio | 0.41 |
| Asset Growth Rate (YoY) | 24.9% |
| Total Assets | $145.14 Million |
| Market Capitalization | $60.09 Million USD |
Valuation Analysis
Below Book Valuation: The market values Granite Falls Energy LLC's assets below their book value (0.41 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Granite Falls Energy LLC's assets grew by 24.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Granite Falls Energy LLC (2003–2021)
The table below shows the annual total assets of Granite Falls Energy LLC from 2003 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-10-31 | $145.14 Million | +24.91% |
| 2020-10-31 | $116.20 Million | +9.56% |
| 2019-10-31 | $106.05 Million | -9.25% |
| 2018-10-31 | $116.86 Million | -8.05% |
| 2017-10-31 | $127.09 Million | +4.63% |
| 2016-10-31 | $121.47 Million | -0.44% |
| 2015-10-31 | $122.01 Million | -12.64% |
| 2014-10-31 | $139.66 Million | +23.95% |
| 2013-10-31 | $112.67 Million | +84.31% |
| 2012-10-31 | $61.13 Million | -3.64% |
| 2011-10-31 | $63.44 Million | +6.15% |
| 2010-10-31 | $59.77 Million | +5.83% |
| 2009-10-31 | $56.47 Million | -2.74% |
| 2008-10-31 | $58.07 Million | -17.73% |
| 2007-10-31 | $70.58 Million | -12.71% |
| 2006-10-31 | $80.86 Million | +132.93% |
| 2004-10-31 | $34.71 Million | +499500.66% |
| 2003-10-31 | $6.95K | -- |