Curtiss Motorcycles Company, Inc. Financial Ratios — CMOT

Profitability (USD)

	2005 Y	2006 Y	2007 Y	2008 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-60.2	-23.1	-125	- -	-735.78	-53.39	-48.16	-52.96	-109.48	-180.81
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	38.1	14	35.73	35.95	30.59	32.61	34.74
EBITDA Margin (%)	- -	- -	- -	- -	-13.02	-980.5	-28.38	-30.9	-27.25	-50.51	-56.34
Operating Margin (%)	- -	- -	- -	- -	-15.62	-986.84	-30.03	-31.91	-27.58	-50.61	-56.51
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	- -	- -	- -	- -	- -	-1,011.92	-27.27	-23.89	-19.9	-47.71	-56.76
Profit Margin (%)	- -	- -	- -	- -	- -	-1,011.92	-27.27	-23.89	-19.9	-47.71	-56.76
Net Income to Common Margin (%)	- -	- -	- -	- -	- -	-1,011.92	-27.27	-23.89	-19.9	-47.71	-56.76
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

API Chat

	2005 Y	2006 Y	2007 Y	2008 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBITDA	- -	- -	- -	- -	-1.68	-0.03	-0.19	-0.08	-0.03	- -	- -
Net Debt/EBITDA	0.4	1.21	4.31	- -	-1.43	0.04	0.36	0.06	0.16	- -	0.07
Total Debt/EBIT	- -	- -	- -	- -	-1.4	-0.03	-0.18	-0.08	-0.03	- -	- -
Net Debt/EBIT	0.4	1.21	4.31	- -	-1.19	0.04	0.34	0.05	0.16	- -	0.07
EBITDA to Interest Expense	- -	- -	- -	- -	- -	-147.69	-61.47	-100.61	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	-147.69	-61.47	-100.61	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	-148.65	-65.06	-103.9	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-185.57	-421.09	-447.14	- -	-523.68	-792.83	-1,295.12	-863.79	-1,412.67	-2,437.07	-1,277.64
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	- -	- -	-18.47	-1.1	-0.5	-0.12	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	81.6	8.54	6.43	1.04	- -	- -	- -
Total Debt/Equity (%)	- -	- -	- -	- -	- -	-40.99	-10.55	-11.77	-1.85	- -	- -
Total Debt/Capital (%)	- -	- -	- -	- -	-18.47	-1.97	-1.04	-0.48	-0.2	- -	- -
Total Debt/Total Assets (%)	- -	- -	- -	- -	81.6	15.31	13.27	4.13	2.81	- -	- -
Net Debt to Equity	-102.84	-134.6	-193.71	- -	- -	54.63	20.18	8.08	9.63	0.24	12.9
Net Debt/Capital (%)	35.02	19.19	18.28	- -	-15.45	2.52	1.93	0.33	1.03	0.03	0.72
EBITDA	- -	- -	- -	- -	- -	-6	-1	-1	-1	-1	-1
EBITDA-CapEx	- -	- -	- -	- -	- -	-6	-1	-1	-1	-1	-1
Operating Income (Loss)	- -	- -	- -	- -	- -	-6	-1	-1	-1	-1	-1

Liquidity (USD)

API Chat

	2005 Y	2006 Y	2007 Y	2008 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
Cash Ratio	36.18	3.89	2.07	- -	0.04	0.27	0.17	0.05	0.07	- -	0.05
Current Ratio	36.18	3.89	2.07	- -	0.49	0.8	0.46	0.74	0.39	0.25	0.56
Quick Ratio	36.18	3.89	2.07	- -	0.06	0.27	0.17	0.05	0.1	0.01	0.06
CFO/Avg Current Liab	- -	-4.06	-0.02	-3.38	-0.61	-1.12	-0.01	-0.28	0.01	-0.31	-0.51
Common Equity/Total Assets	-185.57	-421.09	-447.14	- -	-523.68	-792.83	-1,295.12	-863.79	-1,412.67	-2,437.07	-1,277.64
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	- -	- -	-18.47	-1.1	-0.5	-0.12	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	81.6	8.54	6.43	1.04	- -	- -	- -
Total Debt/Equity (%)	- -	- -	- -	- -	- -	-40.99	-10.55	-11.77	-1.85	- -	- -
Total Debt/Capital (%)	- -	- -	- -	- -	-18.47	-1.97	-1.04	-0.48	-0.2	- -	- -
Total Debt/Total Assets (%)	- -	- -	- -	- -	81.6	15.31	13.27	4.13	2.81	- -	- -
CFO/Total Liabilities	-7,151.69	-241.03	-1.4	-919.52	- -	-80.99	-1.02	-27.9	0.87	-32.6	-51.94
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	-22.4	-61.13
Altman's Z-Score	-10.65	-9.35	-8.03	- -	- -	-28.36	-19.51	-12.61	-21.33	-39.54	-20.86

Working Capital (USD)

API Chat

	2005 Y	2006 Y	2007 Y	2008 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
Accounts Receivable Turnover	- -	- -	- -	- -	194.83	58.8	- -	- -	- -	- -	1,217.39
Days Sales Outstanding	- -	- -	- -	- -	1.87	6.21	- -	- -	- -	- -	0.3
Inventory Turnover	- -	- -	- -	- -	6.39	1.02	2.2	2.58	4.07	2.61	2.95
Days Inventory Outstanding	- -	- -	- -	- -	57.13	359.54	165.71	141.71	89.75	139.75	123.73
Accounts Payable Turnover	- -	- -	- -	- -	21.36	6.08	7.94	8.6	8.66	6.57	10.63
Accounts Payable Turnover Days	- -	- -	- -	- -	17.08	60.05	45.97	42.42	42.17	55.59	34.34
Cash Conversion Cycle	- -	- -	- -	- -	41.92	305.7	119.74	99.29	47.58	84.15	89.68
Inventory to Cash Days	- -	- -	- -	- -	-55.25	-353.34	-165.71	-141.71	-89.75	-139.75	-123.43
Inventories	- -	- -	- -	- -	- -	1	- -	1	- -	- -	1
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API Chat

	2005 Y	2006 Y	2007 Y	2008 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	- -	- -	- -	- -	-2	-9	-10	-10	-11	-11	-13
Total Debt/Capital (%)	- -	- -	- -	- -	-18.47	-1.97	-1.04	-0.48	-0.2	- -	- -
Total Debt / EV	- -	- -	- -	- -	1.08	-0.94	-0.59	-1.65	-0.2	- -	- -
EV/Sales	- -	- -	- -	- -	0.2	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	0.08	- -	- -	- -	- -	- -	- -
TTM Sales	- -	- -	- -	- -	2	1	2	2	3	1	2
TTM EBITDA	- -	- -	- -	- -	- -	-6	-1	-1	-1	-1	-1
TTM Operating Income	- -	- -	- -	- -	- -	-6	-1	-1	-1	-1	-1
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	-1	- -	- -	- -	-1	-1
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	-1	- -	- -	- -	-1	-1

Multiples (USD)

API Chat

	2005 Y	2006 Y	2007 Y	2008 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	0.2	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	- -	- -	- -	- -	0.2	- -	- -	- -	- -	- -	- -
EV/Sales High	- -	- -	- -	- -	0.2	- -	- -	- -	- -	- -	- -
EV/Sales Low	- -	- -	- -	- -	0.2	- -	- -	- -	- -	- -	- -
EV/EBITDA Average	0.4	1.21	4.31	- -	-1.56	0.03	0.32	0.05	0.15	- -	0.07
EV/EBITDA High	0.4	1.21	4.31	- -	-1.56	0.03	0.32	0.05	0.15	- -	0.07
EV/EBITDA Low	0.4	1.21	4.31	- -	-1.56	0.03	0.32	0.05	0.15	- -	0.07
EV/EBIT Average	0.4	1.21	4.31	- -	-1.3	0.03	0.3	0.05	0.15	- -	0.07
EV/EBIT High	0.4	1.21	4.31	- -	-1.3	0.03	0.3	0.05	0.15	- -	0.07
EV/EBIT Low	0.4	1.21	4.31	- -	-1.3	0.03	0.3	0.05	0.15	- -	0.07
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

	2005 Y	2006 Y	2007 Y	2008 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
Shares Outstanding	5	5	5	5	5	13	13	13	13	14	26
Diluted Weighted Avg Shares	4	5	16	16	5	11	13	13	13	14	18
Basic Weighted Avg Shares	4	5	16	16	5	11	13	13	13	14	18
Revenue per Share	- -	- -	- -	- -	0.42	0.05	0.14	0.15	0.19	0.1	0.13
EBITDA per Share	-0.02	- -	- -	- -	-0.05	-0.54	-0.04	-0.05	-0.05	-0.05	-0.07
Operating Income per Share	-0.02	- -	- -	- -	-0.07	-0.54	-0.04	-0.05	-0.05	-0.05	-0.07
Basic EPS, GAAP	-0.02	- -	- -	- -	- -	-0.56	-0.04	-0.04	-0.04	-0.05	-0.07
Basic EPS from Cont Ops	-0.02	- -	- -	- -	-0.09	-0.56	-0.04	-0.04	-0.04	-0.05	-0.07
Diluted EPS, GAAP	-0.02	- -	- -	- -	- -	-0.56	-0.04	-0.04	-0.04	-0.05	-0.07
Diluted EPS from Cont Ops	-0.02	- -	- -	- -	-0.09	-0.56	-0.04	-0.04	-0.04	-0.05	-0.07
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.01	- -	- -	- -	-0.06	-0.11	- -	-0.03	- -	-0.04	-0.05
Free Cash Flow per Basic Share	-0.01	- -	- -	- -	-0.06	-0.11	- -	-0.03	- -	-0.04	-0.05
Cash & Equivalents per Share	0.01	- -	- -	- -	0.01	0.03	0.02	0.01	0.01	- -	0.01
Book Value per Share	-0.01	-0.01	- -	- -	-0.59	-0.81	-0.75	-0.77	-0.8	-0.83	-0.69
Tangible Book Value per Share	0.01	- -	- -	- -	- -	-0.04	-0.07	-0.03	-0.09	-0.09	-0.04

Curtiss Motorcycles Company, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)