Company Information

Learn More About XBRL  

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 ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/2009-5.640.020N/E
09/2009-6.360.020N/E
06/2009-0.750.020N/E
03/2009-0.680.020N/E
12/2008-0.840.020N/E
09/20080.610.04011.49
06/20081.440.0406.29
03/20082.310.0406.03

Key Financial Ratios and Statistics

FYE: 09/30

Profitability 2009 Leverage 2009
Net Inc/Comm Equity-1.29Total Liab/Total Assets0.46
Net Inc/Total Assets-0.31Total Liab/Inv Cap0.46
Net Inc/Inv Cap-0.31Total Liab/Comm Equity1.90
Pretax Inc/Net Sales-2.10Interest Coverage RatioNA
Net Inc/Net Sales-1.29Curr Debt/EquityNA
Cash Flow/Net Sales0.46LTD/EquityNA
SG&A/NetSales0.37Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover0.20Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E130.65  

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

Balance Sheet (Millions)

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
09/200569.4831.002.15
09/2006101.9845.763.13
09/2007140.7652.273.56
09/2008115.508.830.61
09/200970.29-90.72-6.36
Growth Rates0.29----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional12/31/09383,67325.74




Report Date : 3/15/2010

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