| Address:
|
6775 LENOX CENTER COURT, SUITE 400
|
| City: |
MEMPHIS |
|
State: |
TN |
|
Zip Code: |
38115 |
| Telephone: |
(901) 369-4100 |
|
Description of Business
|
Primary SIC Code:
2621 |
| (As filed with the SEC)
|
|
|
References to "Verso Paper" refer to Verso Paper Corp., a Delaware corporation,
and its subsidiaries. References to "Verso Finance One" refer to Verso Paper
Finance Holdings One LLC and its subsidiaries. Verso Finance One is a direct,
wholly-owned subsidiary of Verso Paper. References to "Verso Finance" refer to
Verso Paper Finance Holdings LLC, a Delaware limited liability company, and its
subsidiaries. Verso Finance is a direct, wholly-owned subsidiary of Verso
Finance One. References to "Verso Holdings" refer to Verso Paper Holdings LLC, a
Delaware limited liability company, and its subsidiaries. Verso Holdings is a
direct, wholly-owned subsidiary of Verso Finance. Unless otherwise noted,
references to "Company," "we," "us," and "our" refer to Verso Paper including
Verso Holdings, a separate public-reporting company and references to the
"Predecessor" refer to the Coated and Supercalendered Papers Division of
International Paper Company, or "International Paper. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -1.59 | NA | N/E | | 06/2011 | -1.94 | NA | N/E | | 03/2011 | -2.32 | NA | N/E | | 12/2010 | -2.50 | NA | N/E | | 09/2010 | -1.89 | NA | N/E | | 06/2010 | -0.69 | NA | N/E | | 03/2010 | -0.04 | NA | N/E | | 12/2009 | 2.03 | NA | 1.29 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.61 | Total Liab/Total Assets | 1.00 | | Net Inc/Total Assets | -0.09 | Total Liab/Inv Cap | 1.20 | | Net Inc/Inv Cap | -0.10 | Total Liab/Comm Equity | 7.10 | | Pretax Inc/Net Sales | -0.08 | Interest Coverage Ratio | -0.02 | | Net Inc/Net Sales | -0.08 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.05 | LTD/Equity | -180.52 | | SG&A/NetSales | 0.04 | Total Debt/Equity | -180.52 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 15.20 | Quick Ratio | 1.08 | | Inventory Turnover | 9.25 | Current Ratio | 1.67 | | Inventory Day Sales | 0.03 | Net Rec/Curr Assets | 0.26 | | Net Sales/Work Cap | 9.88 | Inv/Curr Assets | 0.35 | | Net Sales/PP&E | 1.65 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
456.84
|
398.78
|
416.59
|
407.68
|
|
Cost of Goods Sold
|
375.55
|
338.48
|
352.53
|
337.66
|
|
Selling & Admin Exps
|
19.49
|
21.67
|
18.63
|
21.78
|
|
Operating Income
|
30.60
|
6.99
|
14.08
|
17.45
|
|
Interest Exp
|
30.86
|
31.55
|
32.39
|
31.70
|
|
Pretax Income
|
-0.20
|
-24.30
|
-44.60
|
-13.87
|
|
Other Income
|
0.06
|
0.27
|
-26.29
|
0.37
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-0.35
|
-24.30
|
-44.60
|
-14.02
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
51.78
|
56.39
|
54.81
|
152.78
|
|
Receivables - Total
|
124.70
|
135.01
|
137.01
|
107.01
|
|
Inventories - Total
|
199.45
|
195.74
|
168.65
|
142.52
|
|
Total Current Assets
|
383.59
|
392.61
|
369.75
|
406.11
|
|
Net Property, Plant & Equipment
|
949.41
|
951.47
|
955.68
|
972.71
|
|
Total Assets
|
1,450.52
|
1,471.00
|
1,458.17
|
1,516.14
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
218.76
|
234.83
|
200.22
|
243.68
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
218.76
|
234.83
|
200.22
|
243.68
|
|
Long-Term Debt
|
1,260.02
|
1,257.59
|
1,255.25
|
1,228.61
|
|
Total Liabilities
|
1,526.73
|
1,544.09
|
1,507.41
|
1,522.94
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.53
|
0.53
|
0.53
|
0.53
|
|
Retained Earnings
|
-274.37
|
-274.02
|
-249.72
|
-205.13
|
|
Treasury Stock
|
-0.05
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
-76.22
|
-73.09
|
-49.24
|
-6.81
|
|
Total Liabilities and Stockholders' Equity
|
1,450.52
|
1,471.00
|
1,458.17
|
1,516.14
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
12.56
|
22.59
|
-82.75
|
89.66
|
|
Net Cash Provided by Investing Activities
|
-16.95
|
-20.80
|
-9.40
|
-57.26
|
|
Net Cash Provided by Financing Activities
|
-0.22
|
-0.21
|
-5.82
|
-0.68
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2008 | 1,766.81 | -62.83 | -1.35 | | 12/2009 | 1,360.85 | 106.00 | 2.03 | | 12/2010 | 1,605.32 | -131.08 | -2.50 | | Growth Rates | -4.68 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 55 | 40,379 | 76.76 |
|
Report Date :
2/6/2012
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