debt_leverage_profile
0.20x Total Debt / Equity (Conservative)
High
SEC-XBRL
interest_rate_sensitivity
20bp rate rise increases annual interest expense ~$100K-$200K given ~$10-15M floating-rate debt; meaningful on thin margins
Inferred
Agent_Inference
geopolitical_supply_exposure
Medium intensity; US-China trade tariffs on metals and components disrupt supply chains.
Medium
GICS-commodity-overlay-v1
supply_chain_dependency
Midwest steel production capacity constraints and Chinese-sourced hydraulic/electronic components subject to tariff disruption
Inferred
Agent_Inference
international_expansion_readiness
Minimal international revenue (~5% of sales); limited CAD/EUR/AUD exposure; sovereign devaluation risk is low but unhedged
Inferred
Agent_Inference
geographic_footprint
Primarily US-domestic manufacturer; minor Canadian dealer exposure to CAD devaluation; no material multi-currency revenue streams
Inferred
Agent_Inference
commodity_exposure_profile
Medium intensity; commodities: Steel, Aluminum, Copper, Crude Oil (fuel), Rare Earth Elements, Plastics/Resins; geopolitical: US-China trade tariffs on metals and components disrupt supply chains.
Medium
GICS-commodity-overlay-v1
vendor_lock_dependency_score
Steel and raw material suppliers likely represent 40%+ of COGS; no single named vendor disclosed but commodity input concentration is high
Inferred
Agent_Inference
business_model_type_primary
No material cloud infrastructure dependency; Arts-Way is a physical agricultural equipment manufacturer with minimal SaaS exposure
Inferred
Agent_Inference
business_model_type_secondary
ERP/accounting software termination would cause operational disruption but cloud-exit risk is negligible versus physical manufacturing operations
Inferred
Agent_Inference
switching_cost_profile
Minimal API coupling risk; company relies on conventional ERP and dealer management systems, not proprietary API ecosystems
Inferred
Agent_Inference
howey_test_risk_index
Fails Howey Test; revenue from direct equipment sales is not an investment contract; securities law risk essentially zero
Inferred
Agent_Inference
regulatory_burden_tier
Medium
Medium
GICS-regulatory-overlay-v1
data_sovereignty_risk
Minimal GDPR/CCPA exposure; B2B agricultural equipment sales generate little personal data; compliance burden is low
Inferred
Agent_Inference
antitrust_exposure_flag
Low antitrust risk; Arts-Way holds sub-5% share in niche agricultural equipment segments dominated by Deere, CNH, AGCO
Inferred
Agent_Inference
regulatory_exposure_profile
Medium burden; regimes: FAA, DOT, OSHA, EPA, ITAR, FTC; Export controls and defense procurement rules create contract concentration risk.
Medium
GICS-regulatory-overlay-v1
revenue_model_type
~95% transactional (one-time equipment sales); recurring parts/service revenue estimated under 10%; highly cyclical and non-recurring
Inferred
Agent_Inference
monetization_vector
Direct equipment sales through dealer network plus aftermarket parts; no subscription or SaaS vector; pure hard-goods monetization
Inferred
Agent_Inference
pricing_architecture
Cost-plus pricing tied to steel/input costs; limited ability to pre-lock prices against commodity spikes; margin compression risk is high
Inferred
Agent_Inference
pricing_power_rating
Weak pricing power (2/5); commodity equipment market with larger competitors setting price floors; limited brand premium
Inferred
Agent_Inference
target_gross_margin_bracket
25.6% Gross Margin (Moderate (20-40%))
High
SEC-XBRL
churn_vulnerability_index
No free-rider problem; physical product with no digital complement; repeat purchase cycle is 7-15 years creating natural churn risk
Inferred
Agent_Inference
headcount_cost_structure
Revenue growth is largely headcount-linear; manufacturing scaling requires proportional production labor; minimal operating leverage
Inferred
Agent_Inference
marginal_cost_of_growth
High marginal cost of growth; doubling revenue requires near-doubling of factory labor, materials, and working capital
Inferred
Agent_Inference
franchise_compliance_risk
Not a franchise model; independent dealer network carries some channel compliance risk but no formal franchise regulatory exposure
Inferred
Agent_Inference
customer_acquisition_metric
At 10x scale, dealer network capacity and working capital constraints become binding; CAC economics worsen without national dealer infrastructure
Inferred
Agent_Inference
network_effect_present
No network effects present; agricultural equipment utility is independent of installed base size
Inferred
Agent_Inference
asset_efficiency_ratio
6.4% Return on Assets (Excellent)
High
SEC-XBRL
recession_resistance_tier
Tier 4 (cyclical); farm equipment spending is highly correlated with commodity prices and farm income, which are recession-sensitive
Inferred
Agent_Inference
customer_segment_primary
Commercial and mid-size farmers; top customers likely represent 15-25% of revenue given small dealer/direct customer base
Inferred
Agent_Inference
customer_segment_secondary
Agricultural cooperatives and institutional farm operations; secondary but concentration risk exists given limited customer universe
Inferred
Agent_Inference
characteristic_occupations
["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "17-0000 Architecture and Engineering Occupations", "23-0000 Legal Occupations", "33-0000 Protective Service Occupations", "37-0000 Building and Grounds Cleaning and Maintenance Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations", "47-0000 Construction and Extraction Occupations", "49-0000 Installation, Maintenance, and Repair Occupations", "51-0000 Production Occupations", "53-0000 Transportation and Material Moving Occupations"]
High
SOC-2018/GICS-overlay
agent_automatable_labor_share
0.3 (HIL — ~30% of characteristic roles agent-automatable)
Medium
SOC-2018 + agentic-exposure-v1
capital_expenditure_profile
2.6% CapEx / Revenue (Low-CapEx Asset-Light)
High
SEC-XBRL
sec_cik
0000007623
High
SEC-EDGAR
ticker
ARTW
High
SEC-EDGAR