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Condensed Consolidated Balance Sheets - USD ($)
Jan. 31, 2019
Oct. 31, 2018
Current Assets    
Cash $ 6,902,900 $ 14,901,091
Restricted cash 290,209  
Accounts receivable 5,713,879 7,325,203
Inventory 14,832,447 14,916,809
Commodity derivative instruments 216,250 957,938
Prepaid expenses and other current assets 1,045,500 506,926
Total current assets 29,001,185 38,607,967
Property, Plant and Equipment    
Property and Equipment, net 64,628,169 66,675,671
Goodwill 1,372,473 1,372,473
Investments 9,500,000 9,500,000
Other Assets 695,421 704,958
Total Assets 105,197,248 116,861,069
Current Liabilities    
Current maturities of long-term debt 849,769 659,791
Accounts payable 4,205,417 10,033,168
Commodity derivative instruments   50,360
Accrued expenses 1,350,973 1,388,293
Total current liabilities 6,406,159 12,131,612
Long-Term Debt, less current portion 7,601,669 7,799,410
Commitments and Contingencies
Members' equity attributable to Granite Falls Energy, LLC consists of 30,606 units authorized, issued, and outstanding at both January 31, 2019 and October 31, 2018 70,310,280 75,083,782
Non-controlling interest 20,879,140 21,846,265
Total members' equity 91,189,420 96,930,047
Total Liabilities and Members’ Equity $ 105,197,248 $ 116,861,069