XACC 291 Ratio Analysis Memo for Riordan Mfg- For Abhishek Jain
| Riordan Manufacturing, Inc. | ||
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| Fiscal Year Ending | |
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| 2011 | 2010 |
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| Assets | ||
| Current Assets | ||
| Cash | $3,725,406 | $2,807,029 |
| Accounts Receivable | 3,192,094 | 2,695,342 |
| Current Portion of Notes Receivable | 84,255 | 102,976 |
| Inventories | 9,709,611 | 8,517,203 |
| Prepaid Expenses and Other Items | 666,591 | 402,240 |
| Total Current Assets | $17,377,957 | $14,524,790 |
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| Notes Receivable, less current portion | $842,551 | $936,168 |
| Investment in Joint Venture | 1,734,004 | 1,609,004 |
| Property, Plant and Equipment - net | 26,366,949 | 16,658,218 |
| Intangible Assets - net | 904,473 | 904,473 |
| Other Assets | 183,203 | 192,845 |
| Total Assets | $47,409,137 | $34,825,498 |
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| Liabilities and Stockholders' Equity | ||
| Current Liabilities | ||
| Current Portion of Long-Term Debt | $1,560,959 | $474,032 |
| Accounts Payable | 1,141,561 | 1,391,385 |
| Accrued Liabilities | 430,477 | 524,685 |
| Income Taxes Payable | 552,155 | 359,955 |
| Total Current Liabilities | $3,685,152 | $2,750,057 |
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| Bank Line of Credit | $114,759 | $295,865 |
| Long-Term Debt - less current portion | 9,500,741 | 1,006,955 |
| Deferred Income Taxes - net | 660,503 | 825,629 |
| Total Liabilities | $13,961,155 | $4,878,506 |
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| Common Stock | $29,055,488 | $29,055,488 |
| Retained Earnings / (Accumulated Deficit) | 4,392,494 | 891,504 |
| Total Stockholders' Equity | $33,447,982 | $29,946,992 |
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| Total Liabilities and Stockholders' Equity | $47,409,137 | $34,825,498 |
