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Condensed Consolidated Balance Sheets - USD ($)
Apr. 30, 2022
Oct. 31, 2021
Current Assets    
Cash and cash equivalents $ 44,155,277 $ 29,295,657
Restricted cash 4,031,847 1,641,123
Accounts receivable 9,522,002 12,028,397
Inventory 22,881,472 20,749,831
Commodity derivative instruments 26,812 39,076
Prepaid expenses and other current assets 1,624,322 1,059,604
Total current assets 82,241,732 64,813,688
Property and Equipment, net 48,780,738 49,716,246
Investments 12,232,453 14,518,331
Operating lease right of use asset 14,034,397 15,755,395
Other Assets 332,254 333,254
Total Assets 157,621,574 145,136,914
Current Liabilities    
Current maturities of long-term debt 6,171,429 5,046,429
Accounts payable 10,129,276 19,445,954
Commodity derivative instruments 3,140,888 732,801
Accrued expenses 1,335,670 1,145,326
Operating lease, current liabilities 3,670,179 3,653,131
Total current liabilities 24,447,442 30,023,641
Long-Term Debt, less current portion 24,535,714 27,621,428
Operating lease, long-term liabilities 10,364,218 12,102,264
Other Long-Term Liabilities 1,490,810 1,467,848
Commitments and Contingencies
Members' Equity    
Members' equity attributable to Granite Falls Energy, LLC consists of 30,606 units authorized, issued and outstanding at April 30, 2022 and October 31, 2021 96,783,390 73,921,733
Total Liabilities and Members' Equity $ 157,621,574 $ 145,136,914