| Address:
|
1600 HWY 6 SOUTH, SUITE 240
|
| City: |
SUGAR LAND |
|
State: |
TX |
|
Zip Code: |
77478 |
| Telephone: |
409-385-8300 |
|
Description of Business
|
Primary SIC Code:
2911 |
| (As filed with the SEC)
|
|
|
Arabian American Development Company (the "Company") was incorporated in the
State of Delaware in 1967. The Company's principal business activity is the
manufacturing of various specialty petrochemical products. The Company also owns
a 41% interest in Al Masane Al Kobra, a Saudi Arabian closed joint stock mining
company ("AMAK") and a 55% interest in Pioche Ely Valley Mines, Inc. ("PEVM"), a
Nevada mining corporation which presently does not conduct any substantial
business activity but owns undeveloped properties in the United States. Unless
the context requires otherwise, references to "we," "us," "our," and the
"Company" are intended to mean consolidated Arabian American Development Company
and its subsidiaries. There have been no significant changes during 2010 in the
method of conducting our business.
In 2010 the Company operated in one business segment; the manufacturing of
various specialty petrochemical products. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.20 | NA | 16.65 | | 06/2011 | 0.11 | NA | 36.82 | | 03/2011 | 0.10 | NA | 40.90 | | 12/2010 | 0.11 | NA | 40.18 | | 09/2010 | 0.06 | NA | 40.67 | | 06/2010 | 0.02 | NA | 111.00 | | 03/2010 | 0.12 | NA | 22.33 | | 12/2009 | 0.28 | NA | 8.57 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | 0.15 | Total Liab/Total Assets | 0.42 | | Net Inc/Total Assets | 0.07 | Total Liab/Inv Cap | 0.48 | | Net Inc/Inv Cap | 0.08 | Total Liab/Comm Equity | 0.87 | | Pretax Inc/Net Sales | 0.09 | Interest Coverage Ratio | 9.26 | | Net Inc/Net Sales | 0.06 | Curr Debt/Equity | 0.04 | | Cash Flow/Net Sales | 0.06 | LTD/Equity | 0.45 | | SG&A/NetSales | 0.08 | Total Debt/Equity | 0.48 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 5.93 | Quick Ratio | 2.64 | | Inventory Turnover | 25.48 | Current Ratio | 3.27 | | Inventory Day Sales | 0.05 | Net Rec/Curr Assets | 0.69 | | Net Sales/Work Cap | 6.44 | Inv/Curr Assets | 0.19 | | Net Sales/PP&E | 3.56 | | |
Income Statement (Millions) |
| |
9/30/2010
|
6/30/2010
|
3/31/2010
|
12/31/2009
|
|
Total Revenues(Net Sales)
|
37.05
|
36.54
|
31.99
|
30.96
|
|
Cost of Goods Sold
|
31.63
|
32.82
|
28.27
|
28.74
|
|
Selling & Admin Exps
|
2.53
|
3.07
|
2.63
|
2.56
|
|
Operating Income
|
2.78
|
0.54
|
0.99
|
-0.46
|
|
Interest Exp
|
0.28
|
0.26
|
0.32
|
0.36
|
|
Pretax Income
|
2.50
|
0.01
|
0.66
|
-0.87
|
|
Other Income
|
-0.00
|
-0.00
|
-0.00
|
-0.05
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
1.67
|
0.00
|
0.40
|
-0.64
|
|
Assets
|
9/30/2010
|
6/30/2010
|
3/31/2010
|
12/31/2009
|
|
Cash & Short Term Investments
|
4.29
|
2.77
|
2.76
|
2.45
|
|
Receivables - Total
|
16.88
|
21.78
|
19.37
|
18.04
|
|
Inventories - Total
|
5.45
|
6.00
|
4.97
|
5.07
|
|
Total Current Assets
|
27.53
|
34.16
|
27.88
|
26.30
|
|
Net Property, Plant & Equipment
|
32.59
|
32.65
|
32.80
|
33.00
|
|
Total Assets
|
91.01
|
97.70
|
91.85
|
90.49
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
6.65
|
11.31
|
5.96
|
5.60
|
|
Debt in Current Liabilities
|
1.83
|
2.35
|
1.85
|
1.85
|
|
Total Current Liabilities
|
8.70
|
14.00
|
8.26
|
8.03
|
|
Long-Term Debt
|
20.39
|
23.74
|
24.09
|
23.44
|
|
Total Liabilities
|
36.14
|
44.64
|
38.86
|
38.31
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
0.29
|
0.29
|
0.29
|
0.29
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
2.35
|
2.35
|
2.35
|
2.34
|
|
Retained Earnings
|
11.15
|
9.48
|
9.47
|
9.07
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
54.87
|
53.06
|
52.98
|
52.18
|
|
Total Liabilities and Stockholders' Equity
|
91.01
|
97.70
|
91.85
|
90.49
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2010
|
6/30/2010
|
3/31/2010
|
12/31/2009
|
|
Net Cash Provided by Operating Activities
|
5.64
|
1.06
|
0.29
|
0.84
|
|
Net Cash Provided by Investing Activities
|
-0.78
|
-0.69
|
-0.64
|
-0.01
|
|
Net Cash Provided by Financing Activities
|
-3.35
|
-0.35
|
0.65
|
-0.85
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2005 | 80.37 | 16.64 | 0.43 | | 12/2006 | 98.50 | 7.88 | 0.34 | | 12/2007 | 108.64 | 7.77 | 0.33 | | 12/2008 | 154.63 | -8.87 | -0.38 | | 12/2009 | 117.59 | 6.63 | 0.28 | | Growth Rates | 9.98 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 19 | 2,604 | 11.00 |
|
Report Date :
1/30/2012
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