| Address:
|
290 NE 68 STREET
|
| City: |
MIAMI |
|
State: |
FL |
|
Zip Code: |
33138 |
| Telephone: |
305-754-4551 |
|
Description of Business
|
Primary SIC Code:
7200 |
| (As filed with the SEC)
|
|
|
The Company was incorporated under the laws of the State of Delaware on June
30, 1963 under the name Metro-Tel Corp. and changed its name to DRYCLEAN USA,
Inc. on November 7, 1999. Since November 1, 1998, when Steiner-Atlantic Corp.
("Steiner") was merged with and into, and therefore became, a wholly-owned
subsidiary of the Company, the Company's principal business has been as a
supplier of commercial and industrial laundry and dry cleaning equipment and
steam boilers and related activities.
Unless the context otherwise requires, as used in this Report, the "Company"
includes DRYCLEAN USA, Inc. and its subsidiaries.
The Company, through Steiner, sells commercial and industrial laundry and
dry cleaning equipment, and steam boilers in the United States, the Caribbean
and Latin American markets. This aspect of the Company's business services
includes:
. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2009 | 0.03 | NA | 34.67 | | 06/2009 | 0.07 | NA | 13.14 | | 03/2009 | 0.11 | NA | 8.00 | | 12/2008 | 0.11 | NA | 7.36 | | 09/2008 | 0.10 | NA | 9.50 | | 06/2008 | 0.09 | NA | 10.00 | | 03/2008 | 0.09 | NA | 10.39 | | 12/2007 | 0.11 | NA | 15.00 |
Key Financial Ratios and Statistics |
FYE:
06/30 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | 0.23 | Total Liab/Total Assets | 0.30 | | Net Inc/Total Assets | 0.05 | Total Liab/Inv Cap | 0.43 | | Net Inc/Inv Cap | 0.07 | Total Liab/Comm Equity | 1.35 | | Pretax Inc/Net Sales | 0.04 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.07 | LTD/Equity | NA | | SG&A/NetSales | 0.20 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 11.70 | Quick Ratio | 2.22 | | Inventory Turnover | 5.17 | Current Ratio | 3.19 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.12 | | Net Sales/Work Cap | 3.44 | Inv/Curr Assets | 0.31 | | Net Sales/PP&E | 108.63 | | |
Income Statement (Millions) |
| |
9/30/2009
|
6/30/2009
|
3/31/2009
|
12/31/2008
|
|
Total Revenues(Net Sales)
|
3.63
|
5.03
|
5.16
|
6.21
|
|
Cost of Goods Sold
|
2.78
|
3.96
|
3.98
|
4.64
|
|
Selling & Admin Exps
|
0.97
|
1.06
|
1.06
|
1.24
|
|
Operating Income
|
-0.12
|
0.01
|
0.12
|
0.34
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
-0.11
|
0.02
|
0.14
|
0.37
|
|
Other Income
|
0.00
|
0.00
|
0.01
|
0.03
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-0.07
|
0.01
|
0.08
|
0.23
|
|
Assets
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
12/31/2008
|
|
Cash & Short Term Investments
|
5.82
|
5.46
|
5.28
|
5.21
|
|
Receivables - Total
|
1.00
|
1.16
|
1.18
|
1.29
|
|
Inventories - Total
|
3.07
|
3.00
|
3.45
|
3.73
|
|
Total Current Assets
|
10.00
|
9.80
|
10.01
|
10.34
|
|
Net Property, Plant & Equipment
|
0.21
|
0.21
|
0.21
|
0.22
|
|
Total Assets
|
10.37
|
10.19
|
10.41
|
10.73
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
1.15
|
1.22
|
1.45
|
1.43
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
3.32
|
3.07
|
3.30
|
3.71
|
|
Long-Term Debt
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities
|
3.32
|
3.07
|
3.30
|
3.71
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.18
|
0.18
|
0.18
|
0.18
|
|
Retained Earnings
|
4.78
|
4.85
|
4.84
|
4.76
|
|
Treasury Stock
|
-0.00
|
-0.00
|
-0.00
|
-0.00
|
|
Total Stockholders' Equity
|
7.05
|
7.12
|
7.11
|
7.03
|
|
Total Liabilities and Stockholders' Equity
|
10.37
|
10.19
|
10.41
|
10.73
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
12/31/2008
|
|
Net Cash Provided by Operating Activities
|
0.37
|
0.20
|
0.07
|
0.95
|
|
Net Cash Provided by Investing Activities
|
-0.01
|
-0.02
|
-0.01
|
NA
|
|
Net Cash Provided by Financing Activities
|
NA
|
0.00
|
-0.00
|
NA
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 06/2005 | 18.39 | 0.71 | 0.10 | | 06/2006 | 20.41 | 0.80 | 0.11 | | 06/2007 | 22.75 | 0.88 | 0.13 | | 06/2008 | 22.71 | 0.60 | 0.09 | | 06/2009 | 23.16 | 0.53 | 0.07 | | Growth Rates | 5.93 | -7.06 | -8.53 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| There's no stock ownership data. |
|
Report Date :
12/7/2009
 Copyright
2009, EDGAR Online, Inc. All
rights reserved. Replication or redistribution of EDGAR Online, Inc. content is
expressly prohibited without the prior written consent of EDGAR Online, Inc.
EDGAR Online, Inc. shall not be liable for any errors or delays in the content,
or for any actions taken in reliance thereon.
|
|
|