For the year ending 2025-12-31, CPHC has $112,581,080 in assets. $28,703,032 in debts. $12,064,854 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 12,064,854 | |||
| Restricted cash | 3,759,248 | |||
| Short-term investments | 5,000,000 | |||
| Accounts receivable, net of allowance of 7,670 at december 31, 2025 and 2024 | 342,866 | |||
| Inventory | 269,419 | |||
| Prepaid expenses | 1,180,025 | |||
| Income taxes receivable and prepaid income taxes | 2,426,857 | |||
| Total current assets | 25,043,269 | |||
| Deposits | 99,147 | |||
| Other prepaid expenses | 15,972 | |||
| Tif receivable | 19,986,287 | |||
| Related party receivable (note 12) | 5,959,601 | |||
| Operating lease right-of-use assets | 0 | |||
| Equity investment (note 11) | 5,155,644 | |||
| Other long-term receivables (note 9) | 2,097,463 | |||
| Land held for development | 2,659,257 | |||
| Property, plant and equipment, gross | 89,492,030 | |||
| Accumulated depreciation | 37,927,590 | |||
| Land, buildings, and equipment, net (note 3) | 51,564,440 | |||
| Total long-term assets | 87,537,811 | |||
| Total assets | 112,581,080 | |||
| Accounts payable | 2,218,679 | |||
| Casino accruals | 2,424,310 | |||
| Accrued wages and payroll taxes | 2,007,174 | |||
| Cash dividend payable | 356,949 | |||
| Accrued property taxes | 1,171,974 | |||
| Deferred revenue | 541,236 | |||
| Payable to horsepersons | 873,065 | |||
| Current portion of finance lease obligations | 35,862 | |||
| Current portion of operating lease obligations | 0 | |||
| Total current liabilities | 9,629,249 | |||
| Deferred income taxes (note 4) | 10,471,000 | |||
| Investee losses in excess of equity investment | 8,521,464 | |||
| Finance lease obligations, net of current portion | 81,319 | |||
| Operating lease obligations, net of current portion | 0 | |||
| Other long-term liabilities | 0 | |||
| Total long-term liabilities | 19,073,783 | |||
| Total liabilities | 28,703,032 | |||
| Common stock, .01 par value, 10,000,000 shares authorized, 5,121,331 and 5,036,717, respectively, shares issued and outstanding | 51,213 | |||
| Additional paid-in capital | 30,690,660 | |||
| Retained earnings | 53,136,175 | |||
| Total stockholders equity | 83,878,048 | |||
| Total liabilities and stockholders' equity | 112,581,080 | |||
Canterbury Park Holding Corp (CPHC)
Canterbury Park Holding Corp (CPHC)