| Address:
|
210 SYLVAN AVE
|
| City: |
ENGLEWOOD CLIFFS |
|
State: |
NJ |
|
Zip Code: |
07632 |
| Telephone: |
201-567-5648 |
|
Description of Business
|
Primary SIC Code:
6153 |
| (As filed with the SEC)
|
|
|
The Company acquires, manages, collects and services portfolios of consumer
receivables for its own account. These portfolios generally consist of one or
more of the following types of consumer receivables:
. charged-off receivables - accounts that have been written-off by the
originators and may have been previously serviced by collection agencies;
. semi-performing receivables - accounts where the debtor is currently making
partial or irregular monthly payments, but the accounts may have been
written-off by the originators; and
. performing receivables - accounts where the debtor is making regular
monthly payments that may or may not have been delinquent in the past.
We acquire these consumer receivable portfolios at a significant discount to the
total amounts actually owed by the debtors. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2009 | -5.64 | 0.020 | N/E | | 09/2009 | -6.36 | 0.020 | N/E | | 06/2009 | -0.75 | 0.020 | N/E | | 03/2009 | -0.68 | 0.020 | N/E | | 12/2008 | -0.84 | 0.020 | N/E | | 09/2008 | 0.61 | 0.040 | 11.49 | | 06/2008 | 1.44 | 0.040 | 6.29 | | 03/2008 | 2.31 | 0.040 | 6.03 |
Key Financial Ratios and Statistics |
FYE:
09/30 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | -1.29 | Total Liab/Total Assets | 0.46 | | Net Inc/Total Assets | -0.31 | Total Liab/Inv Cap | 0.46 | | Net Inc/Inv Cap | -0.31 | Total Liab/Comm Equity | 1.90 | | Pretax Inc/Net Sales | -2.10 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | -1.29 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.46 | LTD/Equity | NA | | SG&A/NetSales | 0.37 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 0.20 | Quick Ratio | NA | | Inventory Turnover | NA | Current Ratio | NA | | Inventory Day Sales | NA | Net Rec/Curr Assets | NA | | Net Sales/Work Cap | NA | Inv/Curr Assets | NA | | Net Sales/PP&E | 130.65 | | |
Income Statement (Millions) |
| |
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Total Revenues(Net Sales)
|
11.01
|
16.48
|
17.24
|
18.13
|
|
Cost of Goods Sold
|
NA
|
NA
|
NA
|
NA
|
|
Selling & Admin Exps
|
5.63
|
5.91
|
6.63
|
6.35
|
|
Operating Income
|
NA
|
NA
|
4.24
|
-6.65
|
|
Interest Exp
|
NA
|
NA
|
1.78
|
1.95
|
|
Pretax Income
|
4.17
|
-128.18
|
2.49
|
-8.66
|
|
Other Income
|
NA
|
NA
|
NA
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
2.48
|
-79.20
|
1.48
|
-5.17
|
|
Assets
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Cash & Short Term Investments
|
2.34
|
NA
|
5.48
|
5.37
|
|
Receivables - Total
|
241.91
|
258.56
|
360.59
|
372.90
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
NA
|
NA
|
NA
|
NA
|
|
Net Property, Plant & Equipment
|
0.48
|
0.54
|
0.51
|
0.60
|
|
Total Assets
|
273.60
|
290.76
|
392.17
|
406.24
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
2.14
|
0.29
|
0.64
|
0.68
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Long-Term Debt
|
NA
|
NA
|
153.13
|
168.33
|
|
Total Liabilities
|
113.40
|
133.32
|
155.76
|
171.94
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.14
|
0.14
|
0.14
|
0.14
|
|
Retained Earnings
|
89.25
|
87.06
|
166.54
|
165.35
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
160.20
|
157.44
|
236.41
|
234.30
|
|
Total Liabilities and Stockholders' Equity
|
273.60
|
290.76
|
392.17
|
406.24
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Net Cash Provided by Operating Activities
|
4.99
|
10.95
|
10.01
|
8.08
|
|
Net Cash Provided by Investing Activities
|
16.14
|
10.47
|
5.61
|
17.34
|
|
Net Cash Provided by Financing Activities
|
-21.18
|
-22.28
|
-14.96
|
-24.50
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 09/2005 | 69.48 | 31.00 | 2.15 | | 09/2006 | 101.98 | 45.76 | 3.13 | | 09/2007 | 140.76 | 52.27 | 3.56 | | 09/2008 | 115.50 | 8.83 | 0.61 | | 09/2009 | 70.29 | -90.72 | -6.36 | | Growth Rates | 0.29 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/09 | 38 | 3,673 | 25.74 |
|
Report Date :
3/15/2010
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