| Address:
|
44 SOUTH BAYLES AVENUE
|
| City: |
PORT WASHINGTON |
|
State: |
NY |
|
Zip Code: |
11050 |
| Telephone: |
516-767-6492 |
|
Description of Business
|
Primary SIC Code:
6798 |
| (As filed with the SEC)
|
|
|
Cedar Shopping Centers, Inc. (the "Company"), organized in 1984, is a
fully-integrated real estate investment trust which focuses primarily on
ownership, operation, development and redevelopment of supermarket-anchored
shopping centers predominantly in mid-Atlantic and Northeast coastal states. At
December 31, 2010, the Company owned and managed (both wholly-owned and in joint
venture) a portfolio of 115 operating properties totaling approximately
14.5 million square feet of gross leasable area ("GLA"), including 72
wholly-owned properties comprising approximately 7.4 million square feet, 12
properties owned in joint venture (consolidated) comprising approximately
1.4 million square feet, 21 properties in a managed joint venture
(unconsolidated) comprising approximately 3.5 million square feet, six
redevelopment properties comprising approximately 1.5 million sq. ft. and four
ground-up development properties comprising approximately 0.7 million square
feet. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -0.40 | 0.090 | N/E | | 06/2011 | -0.42 | 0.090 | N/E | | 03/2011 | -0.20 | 0.090 | N/E | | 12/2010 | -0.20 | 0.090 | N/E | | 09/2010 | -0.78 | 0.090 | N/E | | 06/2010 | -0.63 | 0.090 | N/E | | 03/2010 | -0.63 | 0.090 | N/E | | 12/2009 | -0.48 | 0.090 | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.06 | Total Liab/Total Assets | 0.61 | | Net Inc/Total Assets | -0.03 | Total Liab/Inv Cap | 0.66 | | Net Inc/Inv Cap | -0.03 | Total Liab/Comm Equity | 1.40 | | Pretax Inc/Net Sales | -0.03 | Interest Coverage Ratio | 0.91 | | Net Inc/Net Sales | -0.26 | Curr Debt/Equity | 0.21 | | Cash Flow/Net Sales | 0.27 | LTD/Equity | 1.12 | | SG&A/NetSales | 0.06 | Total Debt/Equity | 1.33 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 5.70 | 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 | 0.11 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
21.43
|
37.61
|
41.62
|
58.04
|
|
Cost of Goods Sold
|
5.66
|
11.77
|
15.66
|
20.16
|
|
Selling & Admin Exps
|
2.90
|
9.04
|
2.71
|
2.80
|
|
Operating Income
|
-1.06
|
6.25
|
11.31
|
18.63
|
|
Interest Exp
|
7.29
|
11.48
|
12.38
|
16.53
|
|
Pretax Income
|
-7.89
|
-13.05
|
-0.18
|
2.06
|
|
Other Income
|
0.13
|
-7.86
|
0.11
|
0.03
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-66.53
|
-24.13
|
-8.81
|
-33.39
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
25.42
|
27.77
|
31.58
|
28.71
|
|
Receivables - Total
|
28.73
|
36.43
|
32.48
|
31.32
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
NA
|
NA
|
NA
|
NA
|
|
Net Property, Plant & Equipment
|
1,177.03
|
1,426.84
|
1,440.55
|
1,401.85
|
|
Total Assets
|
1,558.87
|
1,625.42
|
1,648.65
|
1,622.49
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
36.08
|
30.45
|
24.59
|
29.03
|
|
Debt in Current Liabilities
|
166.32
|
167.10
|
154.60
|
132.60
|
|
Total Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Long-Term Debt
|
739.08
|
727.07
|
733.22
|
707.52
|
|
Total Liabilities
|
1,047.14
|
1,036.67
|
1,026.65
|
985.37
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
62.33
|
66.55
|
67.81
|
68.41
|
|
Preferred Stock
|
158.58
|
158.58
|
158.58
|
158.58
|
|
Common Stock
|
4.08
|
4.08
|
4.05
|
3.99
|
|
Retained Earnings
|
-359.78
|
-283.40
|
-249.64
|
-231.28
|
|
Treasury Stock
|
-10.69
|
-10.86
|
-10.40
|
-10.37
|
|
Total Stockholders' Equity
|
507.02
|
583.42
|
615.18
|
630.07
|
|
Total Liabilities and Stockholders' Equity
|
1,554.15
|
1,620.09
|
1,641.83
|
1,615.43
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
7.80
|
9.34
|
4.23
|
21.46
|
|
Net Cash Provided by Investing Activities
|
-10.64
|
-13.01
|
-43.42
|
-24.37
|
|
Net Cash Provided by Financing Activities
|
1.06
|
1.63
|
40.49
|
4.94
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 126.49 | 15.34 | 0.23 | | 12/2007 | 152.92 | 21.97 | 0.30 | | 12/2008 | 174.48 | 18.38 | 0.24 | | 12/2009 | 168.34 | -16.87 | -0.48 | | 12/2010 | 157.16 | -41.29 | -0.20 | | Growth Rates | 5.58 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 126 | 50,272 | 73.92 |
|
Report Date :
2/6/2012
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