| Address:
|
4041 SW 47TH AVE
|
| City: |
FORT LAUDERDALE |
|
State: |
FL |
|
Zip Code: |
33314 |
| Telephone: |
954-587-6280 |
|
Description of Business
|
Primary SIC Code:
2842 |
| (As filed with the SEC)
|
|
|
We are principally engaged in the manufacturing, marketing and distribution of a
broad line of appearance and maintenance products for boats, recreational
vehicles, automobiles and home care under the Star brite® and other trademarks
within the United States of America and Canada. In addition, we produce private
label formulations of many of our products for various customers and provide
custom blending and packaging services of these and other products. Unless, the
context indicates otherwise, we sometimes refer to Ocean Bio-Chem, Inc. and its
consolidated subsidiaries as "the Company," "we" or "our."
Ocean Bio-Chem, Inc. was organized in 1973 under the laws of the state of
Florida.
On May 10, 2010, the Company announced the formation of OdorStar Technology LLC
(OST), a joint venture between the Company and BBL Distributors, LLC. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.31 | NA | 6.71 | | 06/2011 | 0.27 | NA | 13.19 | | 03/2011 | 0.27 | NA | 9.26 | | 12/2010 | 0.24 | NA | 7.79 | | 09/2010 | 0.22 | NA | 8.32 | | 06/2010 | 0.20 | NA | 10.65 | | 03/2010 | 0.17 | NA | 9.94 | | 12/2009 | 0.14 | NA | 7.14 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.27 | Total Liab/Total Assets | 0.38 | | Net Inc/Total Assets | 0.11 | Total Liab/Inv Cap | 0.51 | | Net Inc/Inv Cap | 0.15 | Total Liab/Comm Equity | 0.91 | | Pretax Inc/Net Sales | 0.12 | Interest Coverage Ratio | 28.58 | | Net Inc/Net Sales | 0.07 | Curr Debt/Equity | 0.05 | | Cash Flow/Net Sales | 0.08 | LTD/Equity | 0.23 | | SG&A/NetSales | 0.22 | Total Debt/Equity | 0.28 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 11.89 | Quick Ratio | 0.84 | | Inventory Turnover | 2.51 | Current Ratio | 2.82 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.22 | | Net Sales/Work Cap | 3.85 | Inv/Curr Assets | 0.70 | | Net Sales/PP&E | 5.05 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
9.88
|
8.22
|
6.73
|
5.83
|
|
Cost of Goods Sold
|
6.54
|
5.24
|
4.22
|
4.10
|
|
Selling & Admin Exps
|
1.72
|
2.33
|
1.48
|
1.28
|
|
Operating Income
|
1.63
|
0.65
|
1.03
|
0.45
|
|
Interest Exp
|
0.03
|
0.05
|
0.03
|
0.01
|
|
Pretax Income
|
1.61
|
0.60
|
1.03
|
0.43
|
|
Other Income
|
0.01
|
0.00
|
0.02
|
0.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
1.14
|
0.39
|
0.65
|
0.40
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
0.81
|
0.54
|
0.83
|
0.62
|
|
Receivables - Total
|
5.87
|
3.80
|
3.19
|
2.39
|
|
Inventories - Total
|
10.66
|
9.18
|
10.55
|
7.73
|
|
Total Current Assets
|
17.81
|
13.95
|
14.89
|
11.02
|
|
Net Property, Plant & Equipment
|
5.21
|
5.30
|
5.36
|
5.42
|
|
Total Assets
|
23.97
|
20.21
|
21.34
|
17.68
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
4.07
|
2.23
|
3.70
|
3.42
|
|
Debt in Current Liabilities
|
3.80
|
2.83
|
3.30
|
0.49
|
|
Total Current Liabilities
|
7.87
|
5.06
|
7.00
|
3.91
|
|
Long-Term Debt
|
2.04
|
2.27
|
2.39
|
2.51
|
|
Total Liabilities
|
10.51
|
7.90
|
9.78
|
6.80
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
0.30
|
0.31
|
0.32
|
0.30
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.08
|
0.08
|
0.08
|
0.08
|
|
Retained Earnings
|
5.84
|
4.70
|
4.31
|
3.67
|
|
Treasury Stock
|
-0.29
|
-0.29
|
-0.29
|
-0.29
|
|
Total Stockholders' Equity
|
13.46
|
12.31
|
11.55
|
10.88
|
|
Total Liabilities and Stockholders' Equity
|
23.97
|
20.21
|
21.34
|
17.68
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-0.40
|
0.42
|
-1.92
|
3.09
|
|
Net Cash Provided by Investing Activities
|
-0.07
|
-0.12
|
-0.08
|
-0.11
|
|
Net Cash Provided by Financing Activities
|
0.74
|
-0.58
|
2.22
|
-3.01
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 20.43 | 0.39 | 0.05 | | 12/2007 | 21.31 | 0.73 | 0.08 | | 12/2008 | 20.92 | 0.15 | 0.02 | | 12/2009 | 24.63 | 1.05 | 0.14 | | 12/2010 | 27.40 | 2.02 | 0.24 | | Growth Rates | 7.62 | 50.63 | 48.02 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 7 | 85 | 1.05 |
|
Report Date :
2/6/2012
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