Golden Enterprises (Golden Flake)

Golden Enterprises, Inc. is a holding company. The Company owns all the issued and outstanding capital stock of Golden Flake Snack Foods, Inc. (Golden Flake), a wholly-owned operating subsidiary. The Company manufactures and distributes a line of salted snack items, such as potato chips, tortilla chips, corn chips, fried pork skins, baked and fried cheese curls, onion rings, and puff corn. Golden Enterprises, Inc. also sells canned dips, pretzels, peanut butter crackers, cheese crackers, dried meat products, and nuts packaged by other manufacturers using the Golden Flake label.

Company Growth (employees)
Type
Public
HQ
Birmingham, US
Founded
1923
Size (employees)
729 (est)
Golden Enterprises (Golden Flake) was founded in 1923 and is headquartered in Birmingham, US

Golden Enterprises (Golden Flake) Office Locations

Golden Enterprises (Golden Flake) has an office in Birmingham
Birmingham, US (HQ)
1 Golden Flake Dr

Golden Enterprises (Golden Flake) Data and Metrics

Golden Enterprises (Golden Flake) Financial Metrics

Golden Enterprises (Golden Flake)'s revenue was reported to be $135.9 m in FY, 2016
USD

Revenue (FY, 2016)

135.9 m

Revenue growth (FY, 2015 - FY, 2016), %

3%

Gross profit (FY, 2016)

68.3 m

Gross profit margin (FY, 2016), %

50%

Net income (FY, 2016)

3.2 m

EBIT (FY, 2016)

4.9 m

Market capitalization (30-Sep-2016)

135.5 m

Cash (03-Jun-2016)

2 m

EV

134.3 m
Golden Enterprises (Golden Flake)'s current market capitalization is $135.5 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

135.9 m131.7 m135.9 m

Revenue growth, %

(3%)3%

Cost of goods sold

69.7 m66.1 m67.6 m

Gross profit

66.2 m65.6 m68.3 m

Gross profit Margin, %

49%50%50%

General and administrative expense

63.4 m63.4 m

Operating expense total

63.4 m63.4 m

EBIT

1.8 b3.2 m4.9 m

EBIT margin, %

1331%2%4%

Interest expense

336.6 k458.2 k335.6 k

Pre tax profit

1.6 m3.1 m4.7 m

Income tax expense

672.1 k1.3 m1.5 m

Net Income

921.8 k1.8 m3.2 m
USDQ1, 2013Q2, 2013Q3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015

Revenue

35.1 m33.5 m32.1 m34.1 m32 m31.5 m33.7 m

Cost of goods sold

17.5 m17.6 m16.7 m17 m16.5 m16 m16.5 m

Gross profit

17.7 m15.9 m15.4 m17.1 m15.6 m15.5 m17.2 m

Gross profit Margin, %

50%48%48%50%49%49%51%

General and administrative expense

16.3 m15.7 m15.3 m16 m15.4 m14.8 m15.7 m

Operating expense total

16.3 m15.7 m15.3 m16 m15.4 m14.8 m15.7 m

EBIT

1.4 m170.3 k(865.7 k)1.1 m164.2 k1.5 m

EBIT margin, %

4%1%(3%)3%1%5%

Interest expense

(85.1 k)(80.6 k)(72.4 k)(139.9 k)(90.6 k)(93.1 k)(99.5 k)

Pre tax profit

1.4 m108.2 k1.2 m89 k668.8 k1.4 m

Income tax expense

607.5 k82 k(345.8 k)450.6 k48.3 k396.3 k559 k

Net Income

771.5 k26.2 k767.2 k40.7 k272.5 k889.6 k
USDFY, 2014FY, 2015FY, 2016

Cash

1.2 m1.2 m2 m

Inventories

5.7 m

Current Assets

20 m20.5 m19.7 m

PP&E

25.7 m24.5 m22 m

Accounts Payable

3.7 m4 m4.2 m

Total Debt

837.2 k

Current Liabilities

15.1 m13.9 m10.4 m

Non-Current Liabilities

8.8 m11 m9.1 m

Total Liabilities

24 m24.9 m19.5 m

Additional Paid-in Capital

6.5 m6.6 m6.8 m

Retained Earnings

18.7 m19 m20.7 m

Total Equity

23.5 m21.7 m23.6 m

Debt to Equity Ratio

0 x
USDQ1, 2013Q2, 2013Q3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015

Cash

878.7 k1.3 m1 m1.5 m2.2 m945.4 k1.3 m

Inventories

6.2 m5.8 m5.2 m6.4 m5.3 m5.2 m5.5 m

Current Assets

20.9 m20.9 m19.4 m20.8 m20.3 m18.9 m20 m

PP&E

26.8 m26.3 m26.9 m24.8 m24.4 m25.3 m23.7 m

Accounts Payable

5.6 m6.5 m5.3 m3.7 m4.2 m4.3 m3.8 m

Current Liabilities

15.8 m15.7 m15.7 m14.7 m14.2 m14.2 m12.1 m

Non-Current Liabilities

9.5 m9.4 m9.3 m8.7 m8.6 m10.3 m10.9 m

Additional Paid-in Capital

6.5 m6.5 m6.5 m6.5 m6.5 m6.5 m6.6 m

Retained Earnings

19.7 m19.3 m18.4 m19.1 m18.8 m18.7 m19.6 m

Total Equity

24.5 m24.1 m23.2 m23.9 m23.6 m21.3 m22.3 m
USDFY, 2014FY, 2015FY, 2016

Net Income

921.8 k1.8 m3.2 m

Depreciation and Amortization

3.8 m3.9 m3.9 m

Inventories

(703.8 k)417.4 k(492.9 k)

Accounts Payable

(1.1 m)330.2 k(882.6 k)

Cash From Operating Activities

3.3 m5 m7.1 m

Purchases of PP&E

(1.2 m)

Cash From Investing Activities

(2.3 m)(2.4 m)(1.1 m)

Dividends Paid

(1.5 m)(1.5 m)(1.5 m)

Cash From Financing Activities

(2.6 m)(5.2 m)

Income Taxes Paid

(645.3 k)(1.8 m)(1.1 m)
USDQ1, 2013Q2, 2013Q3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015

Net Income

771.5 k26.2 k767.2 k40.7 k272.5 k889.6 k

Accounts Payable

5.6 m6.5 m5.3 m3.7 m4.2 m4.3 m3.8 m
USDY, 2016

EV/EBIT

27.5 x

EV/CFO

18.8 x

Revenue/Employee

186.4 k

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