| Address:
|
ONE JACKSON PL
188 E CAPITOL ST STE 1000 |
| City: |
JACKSON |
|
State: |
MS |
|
Zip Code: |
39225-4647 |
| Telephone: |
601-948-4091 |
|
Description of Business
|
Primary SIC Code:
6798 |
| (As filed with the SEC)
|
|
|
Parkway Properties, Inc. is a real estate investment trust ("REIT") specializing
in the operation, leasing, acquisition and ownership of office properties. The
Company performs these services for its own account and for other institutional
investors through co-ownership structures such as discretionary funds and/or
partnerships. The terms "we," "us," "our," "Parkway," or the "Company" refer to
Parkway Properties, Inc. individually or together with its subsidiaries. The
Company is geographically focused on the Southeastern and Southwestern United
States and Chicago. Parkway and its predecessors have been public companies
engaged in the real estate business since 1971, and the management team has had
experience managing a public real estate company through all phases of the real
estate business cycle. As part of its strategy, the Company places an emphasis
on property operations and customer satisfaction with an ultimate goal of
achieving a high level of customer retention. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -3.19 | 0.075 | N/E | | 06/2011 | -1.93 | 0.075 | N/E | | 03/2011 | -1.19 | 0.075 | N/E | | 12/2010 | -0.82 | 0.075 | N/E | | 09/2010 | -0.81 | 0.075 | N/E | | 06/2010 | -0.39 | 0.075 | N/E | | 03/2010 | -0.66 | 0.075 | N/E | | 12/2009 | -0.85 | 0.325 | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.01 | Total Liab/Total Assets | 0.70 | | Net Inc/Total Assets | 0.00 | Total Liab/Inv Cap | 0.70 | | Net Inc/Inv Cap | 0.00 | Total Liab/Comm Equity | 2.16 | | Pretax Inc/Net Sales | -0.09 | Interest Coverage Ratio | 0.59 | | Net Inc/Net Sales | -0.01 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.27 | LTD/Equity | 1.82 | | SG&A/NetSales | 0.03 | Total Debt/Equity | 1.82 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 1.94 | 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 | 0.18 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
47.89
|
64.83
|
67.52
|
117.54
|
|
Cost of Goods Sold
|
26.06
|
29.61
|
31.89
|
54.18
|
|
Selling & Admin Exps
|
-10.10
|
1.67
|
1.81
|
2.02
|
|
Operating Income
|
-97.79
|
-7.23
|
6.58
|
11.29
|
|
Interest Exp
|
8.77
|
13.79
|
14.72
|
24.07
|
|
Pretax Income
|
-105.74
|
-20.51
|
-7.83
|
-12.65
|
|
Other Income
|
0.83
|
0.44
|
0.32
|
0.38
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-53.03
|
-12.23
|
-4.60
|
-10.19
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
32.95
|
33.38
|
74.16
|
19.67
|
|
Receivables - Total
|
133.80
|
154.08
|
148.63
|
139.97
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
NA
|
NA
|
NA
|
NA
|
|
Net Property, Plant & Equipment
|
1,411.54
|
1,720.01
|
1,538.64
|
1,389.77
|
|
Total Assets
|
1,914.18
|
2,089.69
|
1,824.82
|
1,603.68
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
123.41
|
126.36
|
79.28
|
98.82
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Long-Term Debt
|
944.56
|
1,125.76
|
1,043.20
|
884.37
|
|
Total Liabilities
|
1,483.44
|
1,599.54
|
1,343.92
|
1,117.18
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
250.13
|
347.43
|
221.45
|
133.99
|
|
Preferred Stock
|
128.94
|
128.94
|
102.79
|
102.79
|
|
Common Stock
|
0.02
|
0.02
|
0.02
|
0.02
|
|
Retained Earnings
|
-209.73
|
-152.34
|
-136.00
|
-127.58
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
430.75
|
490.15
|
480.90
|
486.50
|
|
Total Liabilities and Stockholders' Equity
|
1,914.18
|
2,089.69
|
1,824.82
|
1,603.68
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
14.62
|
15.55
|
-5.15
|
14.90
|
|
Net Cash Provided by Investing Activities
|
36.75
|
-291.48
|
-95.18
|
-17.25
|
|
Net Cash Provided by Financing Activities
|
-51.80
|
235.14
|
154.82
|
-7.08
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 215.34 | 25.68 | 0.93 | | 12/2007 | 248.28 | 19.69 | 0.94 | | 12/2008 | 265.41 | 9.27 | -1.15 | | 12/2009 | 264.82 | -11.60 | -0.85 | | 12/2010 | 256.26 | -2.62 | -0.82 | | Growth Rates | 4.45 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 130 | 20,710 | 94.16 |
|
Report Date :
1/30/2012
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