Parks! America Inc

Parks! America Inc maintains a strong liquidity position with a current ratio of 3.84, indicating sufficient short-term assets to cover liabilities [doc:VALUATION-SNAPSHOT]. The company's debt-to-equity ratio of 0.21 suggests a conservative capital structure with limited leverage [doc:VALUATION-SNAPSHOT]. Free cash flow of $1,067,260 demonstrates positive cash generation after capital expenditures [doc:FINANCIAL-SNAPSHOT]. The company's return on equity of 9.55% and return on assets of 7.48% outperform the Leisure & Recreation industry median of 6.2% and 4.8% respectively, indicating superior asset utilization and profitability [doc:INDUSTRY-CONFIG]. Operating margin of 19.7% (calculated from operating income of $2,061,080 on revenue of $10,471,580) exceeds the industry median of 15.3% [doc:INDUSTRY-CONFIG]. Geographically, the company derives 100% of its revenue from U.S. operations, with no disclosed segment breakdown. This concentration exposes the business to regional economic fluctuations in Georgia, Missouri, and Texas [doc:10K-2023]. The company operates three distinct parks, but does not disclose individual segment performance [doc:10K-2023]. Outlook indicates 14.7% revenue growth to $12,023,000 in FY2024, driven by seasonal demand and new attractions at the Texas Park [doc:OUTLOOK-2024]. Net income is projected to increase by 12.3% to $1,637,000. This follows a 13.4% revenue growth in FY2023 compared to FY2022 [doc:FINANCIAL-SNAPSHOT]. Risk assessment identifies liquidity as medium risk due to negative net cash position after subtracting total debt. Dilution risk is low with no near-term share issuance plans disclosed [doc:RISK-ASSESSMENT]. The company has not announced any share buybacks or dividend increases in the past 12 months [doc:10K-2023]. No material regulatory changes have been disclosed that would impact the leisure and recreation sector [doc:10K-2023]. Recent 10-K filing (March 2024) discloses no material legal proceedings or significant changes in operations [doc:10K-2024]. The company has not issued any earnings guidance or press releases in the past 90 days [doc:10K-2024].