Arête Industries, Inc. Financial Ratios — ARET Stock

Profitability (USD)

	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	-203.55	-543.18	-1,912.36	-9,850.87	-43.41	-110.82	-139.64	-72.42	-226.79	9.63	-5.26	4.7	0.72	-64.5	-108.62
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	-7.26	- -	-4.49	-1.43	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	-38.34	- -	8.06	2.73	- -	- -
Gross Margin (%)	- -	- -	- -	-85,707.1	100	-16.42	-10.19	-59.01	-121.82	3.24	28.97	40.49	30.48	-78.36	-71.83
EBITDA Margin (%)	- -	- -	- -	-87,238.78	-54,856.6	-136.1	-88.58	-105.94	-513.66	-80.87	20.78	46.98	37.32	-58.4	-62.06
Operating Margin (%)	- -	- -	- -	-87,497.85	-55,194.6	-145.64	-95.68	-130.2	-540.05	-113.32	-14.29	22.01	8.11	-141.39	-107.11
Incremental Operating Margin (%)	-5,006.78	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-450.8	1,723.18	- -	- -
Pretax Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	-508.64	47.13	-17.72	16.33	2.44	-498.11	-461.69
Profit Margin (%)	- -	- -	- -	-76,403.55	-14,975.8	-137.95	-103.26	-156.09	-508.64	47.13	-17.72	16.33	2.44	-498.11	-461.69
Net Income to Common Margin (%)	- -	- -	- -	-76,403.55	-14,975.8	-137.95	-103.26	-156.09	-508.64	28.48	-45.83	8.06	2.08	-498.11	-481.38
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	-65.49	- -	86.3	-17.69	- -	1.02
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y
Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	3	2	1	1
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	1	1	1	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	1
Total Debt/EBITDA	-0.08	-0.03	- -	-0.05	-1.53	-1.08	-0.89	-2.55	-0.82	-0.29	0.43	2.07	2.18	-2.39	-2.36
Net Debt/EBITDA	-0.08	0.03	- -	-0.05	-1.49	-1.01	-0.85	-2.46	-0.8	-0.04	0.42	1.68	2.15	-1.45	-2.07
Total Debt/EBIT	-0.07	-0.03	- -	-0.05	-1.52	-1.01	-0.83	-2.07	-0.78	-0.21	-0.63	4.42	10.04	-0.99	-1.37
Net Debt/EBIT	-0.07	0.03	- -	-0.05	-1.48	-0.95	-0.79	-2	-0.76	-0.03	-0.61	3.58	9.89	-0.6	-1.2
EBITDA to Interest Expense	- -	- -	- -	-170.76	-27.41	-9.89	-11.69	-4.09	-18.25	-2.17	7.23	9.15	7.02	-4.97	-6.16
EBITDA-CapEx/Interest Expense	- -	- -	- -	-170.76	-60.39	-12.32	-11.69	-4.09	-18.25	-2.18	7.23	9.15	7.02	-4.97	-6.16
EBIT to Interest Expense	- -	- -	- -	-171.26	-27.58	-10.58	-12.63	-5.03	-19.18	-3.04	-4.97	4.29	1.53	-12.04	-10.64
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-726.36	-1,360.58	-176,637.02	-254,930.84	-3,884.31	-2,754.75	-3,364.62	-4,048.63	-3,945.12	-151.14	-182.61	-180.24	-190.91	-332.42	-1,273.52
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27.18	17.74	9.82	- -
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-10.77	-6.54	-1.93	-4.9
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.29	10.87	5.18	52.29
Total Debt/Equity (%)	-2.38	-1.05	-0.37	-3.58	-103.51	-105.3	-67.18	-48.98	-38.44	3.58	4.23	46.55	40.16	40.15	-109.52
Total Debt/Capital (%)	-3.02	-1.36	-0.03	-0.24	-3.28	-3.74	-3.56	-3.49	-4.78	-2.58	-2.27	-18.44	-14.81	-7.87	-6.66
Total Debt/Total Assets (%)	15.57	12.94	48.48	615.73	123.4	99.21	115.73	136.54	179.95	2.53	2.81	27.89	24.62	21.16	71.01
Net Debt to Equity	-2.34	1.25	-0.35	-3.55	-101.13	-99.1	-63.91	-47.31	-37.56	0.44	4.11	37.7	39.56	24.38	-96.35
Net Debt/Capital (%)	-2.98	1.57	-0.03	-0.24	-3.2	-3.51	-3.38	-3.37	-4.67	-0.31	-2.21	-14.43	-14.55	-4.64	-5.81
EBITDA	- -	- -	-1	-1	- -	- -	-1	- -	-1	-1	1	1	1	-1	-1
EBITDA-CapEx	- -	- -	-1	-1	-1	-1	-1	- -	-1	-1	1	1	1	-1	-1
Operating Income (Loss)	- -	- -	-1	-1	- -	- -	-1	- -	-1	-1	- -	1	- -	-1	-1

Liquidity (USD)

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	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y
Cash Ratio	- -	0.02	- -	- -	0.01	0.03	0.02	0.01	0.01	0.1	- -	0.35	0.02	0.25	0.11
Current Ratio	0.04	0.07	- -	- -	0.01	0.09	0.05	0.03	0.05	0.27	0.1	0.55	0.16	0.32	0.12
Quick Ratio	0.02	0.05	- -	- -	0.01	0.09	0.03	0.03	0.01	0.18	0.07	0.52	0.14	0.31	0.12
CFO/Avg Current Liab	-0.08	-0.05	-0.32	-0.17	-0.06	0.07	- -	-0.01	-0.12	-0.34	0.16	0.22	0.45	-0.05	-0.25
Common Equity/Total Assets	-726.36	-1,360.58	-176,637.02	-254,930.84	-3,884.31	-2,754.75	-3,364.62	-4,048.63	-3,945.12	-151.14	-182.61	-180.24	-190.91	-332.42	-1,273.52
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27.18	17.74	9.82	- -
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-10.77	-6.54	-1.93	-4.9
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.29	10.87	5.18	52.29
Total Debt/Equity (%)	-2.38	-1.05	-0.37	-3.58	-103.51	-105.3	-67.18	-48.98	-38.44	3.58	4.23	46.55	40.16	40.15	-109.52
Total Debt/Capital (%)	-3.02	-1.36	-0.03	-0.24	-3.28	-3.74	-3.56	-3.49	-4.78	-2.58	-2.27	-18.44	-14.81	-7.87	-6.66
Total Debt/Total Assets (%)	15.57	12.94	48.48	615.73	123.4	99.21	115.73	136.54	179.95	2.53	2.81	27.89	24.62	21.16	71.01
CFO/Total Liabilities	-8.97	-5.65	-36.28	-17.66	-6.29	6.1	-0.44	-0.52	-9.58	-25.89	11.93	10.66	20.17	-3.26	-14.02
CFO/CapEx	- -	- -	-67.38	- -	-0.14	0.52	- -	- -	- -	-263.72	- -	- -	- -	- -	- -
Altman's Z-Score	-101.78	-213.3	-3,073.35	-4,217.83	-58.8	-41.3	-52.34	-61.2	-65.97	-0.68	-2.17	-1.72	-2.14	-5.22	-19.62

Working Capital (USD)

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	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y
Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.72	22.02	16.19	15.3	17.95	117.74
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	28.71	16.58	22.55	23.85	20.34	3.1
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	-0.11	0.01	-0.09	3.03	- -	3.34	2.61	0.69	0.69	1.11	1.96	3.84	58.03	31.4	16.89
Accounts Payable Turnover Days	-3,405.21	26,252.37	-3,976.91	120.55	- -	109.14	139.63	526.98	527.06	327.36	186.42	94.97	6.29	11.62	21.61
Cash Conversion Cycle	- -	- -	- -	-120.55	- -	-109.14	-139.63	-526.98	-527.06	-298.65	-169.84	-72.42	17.56	8.71	-18.51
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	28.71	16.58	22.55	23.85	20.34	3.1
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y
Market Capitalization	- -	- -	- -	1	1	3	2	4	11	9	2	2	2	1	2
- Cash & Cash Equivalents	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	5	5	- -	- -	3	3
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	3	2	1	1
Enterprise Value	- -	- -	- -	1	1	4	2	4	12	14	8	4	4	5	6
Total Capital	-1	-1	-13	-13	-13	-13	-14	-14	-15	-10	-11	-14	-14	-17	-21
Total Debt/Capital (%)	-3.02	-1.36	-0.03	-0.24	-3.28	-3.74	-3.56	-3.49	-4.78	-2.58	-2.27	-18.44	-14.81	-7.87	-6.66
Total Debt / EV	0.07	0.03	1.04	0.04	0.28	0.14	0.2	0.12	0.06	0.02	0.03	0.56	0.54	0.28	0.26
EV/Sales	- -	- -	- -	965.53	2,952.18	10.77	3.92	22.09	69.07	13.71	2.73	1.75	1.51	5	5.68
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.12	3.71	4.04	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.93	18.61	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	17.47	8.7	4.85	317.21	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	17.47	8.7	4.85	317.21	- -
Diluted Market Cap	- -	- -	- -	1	1	3	2	4	11	9	2	2	2	1	2
Diluted Enterprise Value	- -	- -	- -	1	1	4	2	4	12	14	8	4	4	5	6
EV per Share	1.34	0.64	- -	0.33	0.51	0.97	0.52	0.82	2.34	2.1	0.96	0.42	0.31	0.37	0.38
TTM Sales	- -	- -	- -	- -	- -	- -	1	- -	- -	1	3	3	3	1	1
TTM EBITDA	- -	- -	-1	-1	- -	- -	-1	- -	-1	-1	1	1	1	-1	-1
TTM Operating Income	- -	- -	-1	-1	- -	- -	-1	- -	-1	-1	- -	1	- -	-1	-1
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	- -

Multiples (USD)

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	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y
Price/Free Cash Flow	- -	- -	- -	-4.64	3.77	18.44	-387.97	-497.14	-51.1	-12.44	6.68	6.16	2.74	-13.3	-3.37
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.93	18.61	- -	- -
Enterprise Value	- -	- -	- -	1	1	4	2	4	12	14	8	4	4	5	6
Low Price	- -	- -	- -	0.11	0.3	0.28	0.25	0.15	0.6	1.05	0.21	0.16	0.08	0.05	0.03
EV/Sales	- -	- -	- -	965.53	2,952.18	10.77	3.92	22.09	69.07	13.71	2.73	1.75	1.51	5	5.68
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.12	3.71	4.04	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	31.24	- -	11.41	34.07	- -	- -
Price/Earnings Average	- -	- -	- -	-2.17	-28.98	-4.25	-4.66	-14.72	-7.12	94.47	-4.94	14.88	66.54	-0.37	-0.32
Price/Earnings High	- -	- -	- -	-37.48	-165.5	-7.21	-8.04	-67.59	-13.35	195.27	-12.33	23.34	209.09	-0.6	-0.46
Price/Earnings Low	- -	- -	- -	-0.42	-11.55	-2.24	-1.83	-2.6	-3.48	24.12	-1.29	8.3	18.68	-0.14	-0.09
Price/Book Value	- -	- -	- -	-0.06	-0.08	-0.23	-0.14	-0.24	-0.71	-0.63	-0.15	-0.15	-0.11	-0.06	-0.06
Price/Book Value Average	- -	- -	- -	-0.1	-0.16	-0.14	-0.21	-0.29	-0.39	-1.89	-0.39	-0.19	-0.22	-0.09	-0.06
Price/Book Value High	- -	- -	- -	-1.72	-0.94	-0.24	-0.36	-1.32	-0.74	-3.91	-0.97	-0.3	-0.69	-0.14	-0.08
Price/Book Value Low	- -	- -	- -	-0.02	-0.07	-0.08	-0.08	-0.05	-0.19	-0.48	-0.1	-0.11	-0.06	-0.03	-0.02
Price/Tangible Book Value	- -	- -	- -	-0.82	-2.63	-6.75	-2.69	-3.53	-5.94	4.78	2.57	0.45	0.35	2.02	-0.39
Price/Tangible Book Value Average	- -	- -	- -	-1.48	-5.36	-4.21	-4.09	-4.17	-3.31	14.46	6.83	0.58	0.68	2.79	-0.38
Price/Tangible Book Value High	- -	- -	- -	-25.49	-30.59	-7.14	-7.06	-19.14	-6.21	29.9	17.06	0.92	2.14	4.45	-0.53
Price/Tangible Book Value Low	- -	- -	- -	-0.28	-2.13	-2.22	-1.6	-0.74	-1.62	3.69	1.79	0.33	0.19	1.01	-0.11
Price/Sales	- -	- -	- -	925.64	2,132.68	9.39	3.17	19.48	64.97	8.9	0.85	0.92	0.71	1.35	1.6
Price/Sales Average	- -	- -	- -	1,658.58	4,339.53	5.86	4.81	22.98	36.24	26.91	2.26	1.2	1.38	1.87	1.55
Price/Sales High	- -	- -	- -	28,636.85	24,785.2	9.94	8.3	105.5	67.92	55.61	5.65	1.88	4.34	2.97	2.21
Price/Sales Low	- -	- -	- -	318.19	1,729.2	3.09	1.89	4.06	17.72	6.87	0.59	0.67	0.39	0.68	0.45
Price/Cash Flow	- -	- -	- -	-4.64	-22.76	53.62	-387.97	-497.14	-51.1	-12.4	6.68	6.16	2.74	-13.3	-3.37
Price/Cash Flow Average	- -	- -	- -	-8.31	-46.31	33.46	-588.87	-586.66	-28.5	-37.48	17.79	8.04	5.35	-18.35	-3.26
Price/Cash Flow High	- -	- -	- -	-143.56	-264.52	56.78	-1,016.12	-2,692.86	-53.42	-77.48	44.4	12.61	16.82	-29.25	-4.64
Price/Cash Flow Low	- -	- -	- -	-1.6	-18.45	17.66	-230.94	-103.57	-13.94	-9.57	4.66	4.48	1.5	-6.65	-0.94
Price/Free Cash Flow Average	- -	- -	- -	-8.31	7.66	11.51	-588.87	-586.66	-28.5	-37.63	17.79	8.04	5.35	-18.35	-3.26
Price/Free Cash Flow High	- -	- -	- -	-143.56	43.77	19.53	-1,016.12	-2,692.86	-53.42	-77.77	44.4	12.61	16.82	-29.25	-4.64
Price/Free Cash Flow Low	- -	- -	- -	-1.6	3.05	6.07	-230.94	-103.57	-13.94	-9.61	4.66	4.48	1.5	-6.65	-0.94
EV/Sales Average	- -	- -	- -	1,698.48	5,159.03	7.24	5.56	25.59	40.35	31.72	4.14	2.02	2.18	5.51	5.63
EV/Sales High	- -	- -	- -	28,676.75	25,604.7	11.32	9.05	108.11	72.03	60.42	7.53	2.71	5.14	6.62	6.28
EV/Sales Low	- -	- -	- -	358.09	2,548.7	4.47	2.64	6.67	21.83	11.68	2.47	1.49	1.19	4.32	4.52
EV/EBITDA Average	-1.09	-0.77	- -	-1.95	-9.4	-5.32	-6.28	-24.16	-7.85	-39.22	19.92	4.31	5.85	-9.44	-9.07
EV/EBITDA High	-1.09	-0.77	- -	-32.87	-46.68	-8.32	-10.22	-102.05	-14.02	-74.72	36.22	5.76	13.78	-11.34	-10.13
EV/EBITDA Low	-1.09	-0.77	- -	-0.41	-4.65	-3.29	-2.98	-6.29	-4.25	-14.44	11.88	3.18	3.19	-7.4	-7.29
EV/EBIT Average	-1	-0.74	- -	-1.94	-9.35	-4.97	-5.81	-19.66	-7.47	-27.99	-28.97	9.2	26.92	-3.9	-5.26
EV/EBIT High	-1	-0.74	- -	-32.77	-46.39	-7.77	-9.46	-83.03	-13.34	-53.32	-52.68	12.3	63.4	-4.68	-5.87
EV/EBIT Low	-1	-0.74	- -	-0.41	-4.62	-3.07	-2.76	-5.12	-4.04	-10.31	-17.28	6.79	14.67	-3.06	-4.22
Last Price	- -	- -	- -	0.32	0.37	0.85	0.42	0.72	2.2	1.36	0.3	0.22	0.14	0.1	0.11
High Price	- -	- -	- -	9.9	4.3	0.9	1.1	3.9	2.3	8.5	2	0.45	0.89	0.22	0.15
Enterprise Value Average	- -	- -	- -	1	3	2	3	5	7	33	12	5	6	5	5
Enterprise Value High	- -	- -	- -	23	13	4	6	20	12	63	21	7	13	6	6
Enterprise Value Low	- -	- -	- -	- -	1	2	2	1	4	12	7	4	3	4	4

	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y
Shares Outstanding	- -	1	2	3	3	4	5	5	5	8	8	14	13	14	15
Diluted Weighted Avg Shares	- -	1	1	2	3	4	5	5	5	7	8	11	12	13	15
Basic Weighted Avg Shares	- -	1	1	2	3	4	5	5	5	7	8	11	12	13	15
Revenue per Share	- -	- -	- -	- -	- -	0.09	0.13	0.04	0.03	0.15	0.35	0.24	0.21	0.07	0.07
EBITDA per Share	-1.23	-0.83	-0.65	-0.3	-0.1	-0.12	-0.12	-0.04	-0.17	-0.12	0.07	0.11	0.08	-0.04	-0.04
Operating Income per Share	-1.34	-0.87	-0.66	-0.3	-0.1	-0.13	-0.13	-0.05	-0.18	-0.17	-0.05	0.05	0.02	-0.1	-0.07
Basic EPS, GAAP	-1.57	-1.38	-0.64	-0.26	-0.03	-0.12	-0.14	-0.06	-0.17	0.04	-0.16	0.02	- -	-0.37	-0.32
Basic EPS from Cont Ops	-0.07	-0.88	-0.67	-0.3	-0.03	-0.12	-0.14	-0.06	-0.17	0.07	-0.06	0.04	0.01	-0.37	-0.31
Diluted EPS, GAAP	-1.57	-1.38	-0.64	-0.26	-0.03	-0.12	-0.14	-0.06	-0.17	0.04	-0.16	0.02	- -	-0.37	-0.32
Diluted EPS from Cont Ops	-0.07	-0.88	-0.67	-0.3	-0.03	-0.12	-0.14	-0.06	-0.17	0.07	-0.06	0.04	0.01	-0.37	-0.31
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.04	- -	- -	0.01
Cash Flow per Share	-0.43	-0.13	-0.24	-0.07	-0.02	0.02	- -	- -	-0.04	-0.11	0.05	0.04	0.05	-0.01	-0.03
Free Cash Flow per Basic Share	-0.43	-0.13	-0.24	-0.07	-0.13	-0.01	- -	- -	-0.04	-0.11	0.05	0.04	0.05	-0.01	-0.03
Cash & Equivalents per Share	- -	0.05	- -	- -	- -	0.01	0.01	- -	- -	0.03	- -	0.04	- -	0.04	0.01
Book Value per Share	-4.62	-2.31	-8.65	-5.75	-4.58	-3.68	-3.04	-2.96	-3.12	-2.17	-2.06	-1.51	-1.29	-1.62	-1.76
Tangible Book Value per Share	-5.41	-2.77	-0.65	-0.39	-0.14	-0.13	-0.16	-0.2	-0.37	0.28	0.12	0.49	0.42	0.05	-0.28

Arête Industries, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)