Environmental Service Professionals, Inc. Financial Ratios — EVSP

Profitability (USD)

	1997 Y	1998 Y	1999 Y	2000 Y	2000 Y	2001 Y	2002 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Return on Common Equity (%)	- -	38.96	38.16	44.27	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	6.96	9.16	10.86	- -	-45.46	-25.18	5.69	-1,706.56	-10.42	-352.93	-517.66
Return on Capital (%)	- -	36.88	36.52	39.6	- -	- -	- -	-18.65	- -	- -	- -	- -
Return on Invested Capital (%)	- -	7.13	9.91	9.89	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	32.56	29.7	32.26	32.05	- -	26.95	17.83	5.17	- -	81.44	90.18	63.51
EBITDA Margin (%)	2.33	10.73	13.66	6.76	- -	6.6	-9.96	27.32	- -	-696.16	-1,564.31	-439.56
Operating Margin (%)	4.65	8.25	10.84	9.19	- -	4.31	-12.01	27.32	- -	-704.88	-1,569.98	-441
Incremental Operating Margin (%)	- -	15.58	83.4	5.64	9.19	4.31	- -	-18.33	41.17	- -	- -	- -
Pretax Margin (%)	4.65	9.41	12.05	12.43	- -	-29.89	-12.85	11.29	- -	- -	- -	- -
Profit Margin (%)	2.33	5.4	7.54	8.35	- -	-28.72	-10.84	8.97	- -	-656.74	-3,689.93	-567.51
Net Income to Common Margin (%)	2.33	5.4	7.54	8.35	- -	-28.72	-10.84	8.97	- -	-656.74	-3,689.93	-567.51
Effective Tax Rate (%)	50	42.56	37.39	32.81	- -	- -	- -	20.48	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	38.96	38.16	44.27	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	1997 Y	1998 Y	1999 Y	2000 Y	2000 Y	2001 Y	2002 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Total Debt	- -	- -	- -	- -	- -	2	2	- -	- -	1	4	5
ST Debt	- -	- -	- -	- -	- -	1	2	- -	- -	- -	3	4
LT Debt	- -	- -	- -	- -	- -	1	- -	- -	- -	1	1	1
Total Debt/EBITDA	1	- -	0.13	0.48	- -	1.93	-1.75	- -	- -	-2.09	-0.41	-0.88
Net Debt/EBITDA	-10	-2.39	-2.33	-0.51	- -	1.22	-1.68	-0.08	0.01	-1.56	-0.41	-0.88
Total Debt/EBIT	0.5	- -	0.16	0.35	- -	2.96	-1.45	- -	- -	-2.07	-0.41	-0.87
Net Debt/EBIT	-5	-3.11	-2.93	-0.38	- -	1.87	-1.39	-0.08	0.01	-1.55	-0.41	-0.87
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	14.61	21.04	26.55	23.21	4.01	-0.46	-25.44	-6,758.79	-142,930.68	-24.51	-1,341.56	-3,126.94
Long-Term Debt/Equity (%)	- -	- -	1.5	1.78	1.2	59.3	22.98	- -	- -	9.79	- -	- -
Long-Term Debt/Capital (%)	- -	- -	4.09	5.09	17.56	54.8	6.73	- -	- -	-63.99	-6.15	-4.73
Long-Term Debt/Total Assets (%)	- -	- -	1.17	1.36	0.95	16.06	1	- -	- -	8.29	69.52	124.74
Total Debt/Equity (%)	2.44	- -	2.57	4.53	1.76	109.93	929.03	- -	- -	13.67	-109.78	-78.79
Total Debt/Capital (%)	12.25	- -	7.01	12.98	25.64	101.58	271.89	- -	- -	-89.29	-18.64	-18.64
Total Debt/Total Assets (%)	2.04	- -	2	3.46	1.38	29.76	40.24	- -	- -	11.56	210.78	491.22
Net Debt to Equity	-24.39	-39.07	-46.07	-4.84	-10.4	69.35	889.47	32.61	0.44	10.22	-109.78	-78.65
Net Debt/Capital (%)	352.27	281.79	490.72	-18.95	293.64	93.45	260.31	1.46	0.07	-54.47	-18.64	-18.6
EBITDA	- -	1	1	1	- -	1	-1	- -	- -	-1	-9	-6
EBITDA-CapEx	- -	- -	1	- -	- -	1	-2	- -	- -	-1	-9	-6
Operating Income (Loss)	- -	1	1	1	- -	1	-1	- -	- -	-1	-9	-6

Liquidity (USD)

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	1997 Y	1998 Y	1999 Y	2000 Y	2000 Y	2001 Y	2002 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Cash Ratio	1.83	2.98	2.41	0.41	0.59	0.17	- -	0.25	- -	0.41	- -	- -
Current Ratio	6	6.58	4.88	2.2	2.76	1.32	0.65	0.25	- -	1.32	0.27	0.02
Quick Ratio	3	5.15	4.07	1.59	1.9	0.86	0.33	0.25	- -	0.76	0.04	0.02
CFO/Avg Current Liab	- -	2.13	1.87	0.3	- -	0.65	-0.05	0.85	-0.12	-0.89	-2.14	-0.28
Common Equity/Total Assets	14.61	21.04	26.55	23.21	4.01	-0.46	-25.44	-6,758.79	-142,930.68	-24.51	-1,341.56	-3,126.94
Long-Term Debt/Equity (%)	- -	- -	1.5	1.78	1.2	59.3	22.98	- -	- -	9.79	- -	- -
Long-Term Debt/Capital (%)	- -	- -	4.09	5.09	17.56	54.8	6.73	- -	- -	-63.99	-6.15	-4.73
Long-Term Debt/Total Assets (%)	- -	- -	1.17	1.36	0.95	16.06	1	- -	- -	8.29	69.52	124.74
Total Debt/Equity (%)	2.44	- -	2.57	4.53	1.76	109.93	929.03	- -	- -	13.67	-109.78	-78.79
Total Debt/Capital (%)	12.25	- -	7.01	12.98	25.64	101.58	271.89	- -	- -	-89.29	-18.64	-18.64
Total Debt/Total Assets (%)	2.04	- -	2	3.46	1.38	29.76	40.24	- -	- -	11.56	210.78	491.22
CFO/Total Liabilities	-112.5	147.07	102.47	16.87	- -	35.66	-3.97	1,459.35	-7.82	-32.2	-96.69	-19
CFO/CapEx	-1.5	2.77	5.88	0.83	- -	4.84	-0.24	- -	- -	- -	-106.5	- -
Altman's Z-Score	3.76	5.92	4.32	4.86	0.35	3.79	0.69	-7.59	-2,702.88	-3.08	-36.96	-67.98

Working Capital (USD)

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	1997 Y	1998 Y	1999 Y	2000 Y	2000 Y	2001 Y	2002 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Accounts Receivable Turnover	- -	6.61	6.17	6.93	- -	6.57	7.07	2.17	- -	0.64	2.93	11.66
Days Sales Outstanding	- -	55.18	59.2	52.69	- -	55.58	51.65	168.2	- -	574.17	124.58	31.31
Inventory Turnover	- -	6.56	6.22	8.82	- -	8.14	8.88	2.58	- -	- -	- -	- -
Days Inventory Outstanding	- -	55.6	58.7	41.37	- -	44.82	41.11	141.37	- -	- -	- -	- -
Accounts Payable Turnover	- -	9.74	8.73	8.89	0.34	10.52	8.55	0.45	- -	0.08	0.07	0.27
Accounts Payable Turnover Days	- -	37.47	41.81	41.08	1,079.32	34.7	42.69	806.32	- -	4,317.06	5,338.19	1,334.51
Cash Conversion Cycle	- -	73.31	76.09	52.98	- -	65.69	50.08	-496.75	- -	-3,742.89	-5,213.6	-1,303.2
Inventory to Cash Days	- -	-0.42	0.5	11.32	- -	10.75	10.54	26.83	- -	574.17	124.58	31.31
Inventories	1	1	1	1	1	1	1	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	1	1	1	1	1	1	1	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	1997 Y	1998 Y	1999 Y	2000 Y	2000 Y	2001 Y	2002 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Market Capitalization	2	5	4	10	- -	6	- -	- -	- -	4	3	3
- Cash & Cash Equivalents	1	2	2	1	1	- -	- -	- -	- -	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	2	2	- -	- -	1	4	5
Enterprise Value	1	3	2	10	-1	7	2	- -	- -	5	7	8
Total Capital	1	1	2	2	1	1	1	-2	-3	-1	-20	-26
Total Debt/Capital (%)	12.25	- -	7.01	12.98	25.64	101.58	271.89	- -	- -	-89.29	-18.64	-18.64
Total Debt / EV	0.07	- -	0.07	0.03	-0.2	0.22	0.85	- -	- -	0.24	0.58	0.65
EV/Sales	0.33	0.45	0.26	1.03	- -	0.58	0.21	0.06	- -	61.89	11.19	5.91
EV/EBITDA	14.18	4.23	1.94	15.26	- -	8.72	- -	0.23	- -	- -	- -	- -
EV/EBIT	7.09	5.51	2.44	11.21	- -	13.36	- -	0.23	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	2.37	1.31	27.63	- -	5.16	- -	0.05	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	1.74	1.12	12.5	- -	4.28	3.96	0.05	- -	- -	- -	- -
Diluted Market Cap	2	5	4	10	- -	6	- -	- -	- -	4	3	3
Diluted Enterprise Value	1	3	2	10	-1	7	2	- -	- -	5	7	8
EV per Share	2.53	5.51	2.65	15.69	- -	4.34	3.68	0.14	0.07	0.73	0.36	0.17
TTM Sales	4	6	7	10	- -	12	12	2	- -	- -	1	1
TTM EBITDA	- -	1	1	1	- -	1	-1	- -	- -	-1	-9	-6
TTM Operating Income	- -	1	1	1	- -	1	-1	- -	- -	-1	-9	-6
TTM Cash Flow to Firm	-1	1	1	- -	- -	1	- -	2	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	2	2	1	- -	2	1	2	- -	- -	- -	- -

Multiples (USD)

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	1997 Y	1998 Y	1999 Y	2000 Y	2000 Y	2001 Y	2002 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Price/Free Cash Flow	-8.06	2.73	2.4	12.92	- -	3.63	0.61	0.07	-6.21	-8.17	-0.55	-1.91
EV/EBIT	7.09	5.51	2.44	11.21	- -	13.36	- -	0.23	- -	- -	- -	- -
Enterprise Value	1	3	2	10	-1	7	2	- -	- -	5	7	8
Low Price	4.32	4.32	3.42	3.96	5.62	3.07	0.37	0.11	0.07	0.04	0.15	0.01
EV/Sales	0.33	0.45	0.26	1.03	- -	0.58	0.21	0.06	- -	61.89	11.19	5.91
EV/EBITDA	14.18	4.23	1.94	15.26	- -	8.72	- -	0.23	- -	- -	- -	- -
Price/Earnings	24.18	13.16	7.49	12.75	- -	- -	- -	0.92	- -	- -	- -	- -
Price/Earnings Average	43.86	10.01	7.11	6.91	- -	-2.87	-1.14	1.26	-1.21	-3.69	-0.74	-0.64
Price/Earnings High	80.62	14.81	11.41	12.75	- -	-4.33	-2.36	3.69	-1.64	-19.41	-1.87	-1.52
Price/Earnings Low	24.18	6.58	4.52	3.11	- -	-1.42	-0.19	0.55	-0.65	-0.49	-0.13	-0.06
Price/Book Value	3.38	4.29	2.4	4.92	- -	-245.95	-0.29	-0.06	-0.08	-1.65	-0.11	-0.08
Price/Book Value Average	6.12	3.26	2.28	2.66	- -	-415.43	-1.12	-0.08	-0.14	-0.79	-0.66	-0.15
Price/Book Value High	11.26	4.83	3.66	4.92	- -	-627.42	-2.32	-0.23	-0.19	-4.13	-1.67	-0.35
Price/Book Value Low	3.38	2.15	1.45	1.2	- -	-205.79	-0.19	-0.03	-0.08	-0.1	-0.11	-0.01
Price/Tangible Book Value	0.59	1.08	0.82	1.49	- -	4.2	1.68	-1.28	-0.49	-8.47	-0.8	-0.42
Price/Tangible Book Value Average	1.07	0.82	0.78	0.81	- -	7.1	6.56	-1.75	-0.9	-4.03	-4.63	-0.75
Price/Tangible Book Value High	1.97	1.22	1.25	1.49	- -	10.72	13.64	-5.12	-1.22	-21.17	-11.69	-1.76
Price/Tangible Book Value Low	0.59	0.54	0.49	0.36	- -	3.52	1.12	-0.77	-0.49	-0.53	-0.8	-0.07
Price/Sales	0.56	0.71	0.56	1.07	- -	0.49	0.03	0.08	- -	51	4.71	2.07
Price/Sales Average	1.02	0.54	0.54	0.58	- -	0.82	0.12	0.11	- -	24.26	27.36	3.65
Price/Sales High	1.87	0.8	0.86	1.07	- -	1.24	0.26	0.33	- -	127.5	69.01	8.61
Price/Sales Low	0.56	0.36	0.34	0.26	- -	0.41	0.02	0.05	- -	3.19	4.71	0.34
Price/Cash Flow	-2.69	3.71	2.81	28.56	- -	4.37	-1.91	0.07	-6.21	-8.17	-0.54	-1.91
Price/Cash Flow Average	-4.87	2.82	2.66	15.47	- -	7.39	-7.48	0.09	-11.47	-3.88	-3.15	-3.39
Price/Cash Flow High	-8.96	4.18	4.27	28.56	- -	11.16	-15.56	0.26	-15.54	-20.41	-7.95	-7.98
Price/Cash Flow Low	-2.69	1.86	1.69	6.96	- -	3.66	-1.28	0.04	-6.21	-0.51	-0.54	-0.32
Price/Free Cash Flow Average	-14.62	2.07	2.28	7	- -	6.12	2.37	0.09	-11.47	-3.88	-3.18	-3.39
Price/Free Cash Flow High	-26.87	3.07	3.65	12.92	- -	9.25	4.92	0.26	-15.54	-20.41	-8.02	-7.98
Price/Free Cash Flow Low	-8.06	1.36	1.45	3.15	- -	3.03	0.4	0.04	-6.21	-0.51	-0.55	-0.32
EV/Sales Average	0.79	0.28	0.24	0.54	- -	0.91	0.3	0.09	- -	35.16	33.84	7.5
EV/Sales High	1.64	0.54	0.56	1.03	- -	1.33	0.43	0.31	- -	138.39	75.49	12.45
EV/Sales Low	0.33	0.1	0.04	0.23	- -	0.5	0.2	0.03	- -	14.08	11.19	4.19
EV/EBITDA Average	33.86	2.64	1.73	8.03	- -	13.8	-2.99	0.34	-1.65	-5.05	-2.16	-1.71
EV/EBITDA High	70.62	5.06	4.1	15.26	- -	20.17	-4.33	1.13	-2.23	-19.88	-4.83	-2.83
EV/EBITDA Low	14.18	0.92	0.3	3.33	- -	7.51	-1.96	0.1	-0.89	-2.02	-0.72	-0.95
EV/EBIT Average	16.93	3.44	2.18	5.9	- -	21.15	-2.48	0.34	-1.65	-4.99	-2.16	-1.7
EV/EBIT High	35.31	6.59	5.17	11.21	- -	30.9	-3.59	1.13	-2.23	-19.63	-4.81	-2.82
EV/EBIT Low	7.09	1.2	0.38	2.45	- -	11.51	-1.63	0.1	-0.89	-2	-0.71	-0.95
Last Price	4.32	8.63	5.67	16.22	5.62	3.67	0.56	0.19	0.07	0.6	0.15	0.06
High Price	14.39	9.71	8.63	16.22	34.8	9.37	4.57	0.75	0.19	1.5	2.2	0.25
Enterprise Value Average	3	2	2	5	-1	11	4	- -	- -	3	20	10
Enterprise Value High	7	3	4	10	-1	16	5	1	1	11	44	16
Enterprise Value Low	1	1	- -	2	-1	6	2	- -	- -	1	7	5

	1997 Y	1998 Y	1999 Y	2000 Y	2000 Y	2001 Y	2002 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Shares Outstanding	1	1	1	1	1	1	1	1	1	15	19	56
Diluted Weighted Avg Shares	1	1	1	1	- -	2	1	1	3	7	18	44
Basic Weighted Avg Shares	1	1	1	1	- -	2	1	1	3	7	18	44
Revenue per Share	7.67	12.14	10.03	15.23	- -	7.54	17.85	2.26	- -	0.01	0.03	0.03
EBITDA per Share	0.18	1.3	1.37	1.03	- -	0.5	-1.78	0.62	-0.08	-0.08	-0.5	-0.13
Operating Income per Share	0.36	1	1.09	1.4	- -	0.32	-2.14	0.62	-0.08	-0.08	-0.5	-0.13
Basic EPS, GAAP	0.18	0.66	0.76	1.27	- -	-2.16	-1.94	0.2	-0.11	-0.08	-1.18	-0.16
Basic EPS from Cont Ops	0.18	0.66	0.76	1.27	- -	-2.28	-2.06	0.2	-0.11	-0.08	-1.18	-0.16
Diluted EPS, GAAP	0.18	0.66	0.76	1.27	- -	-2.16	-1.94	0.2	-0.11	-0.08	-1.18	-0.16
Diluted EPS from Cont Ops	0.18	0.66	0.76	1.27	- -	-2.28	-2.06	0.2	-0.11	-0.08	-1.18	-0.16
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-1.61	2.32	2.02	0.57	- -	0.84	-0.29	2.84	-0.01	-0.07	-0.28	-0.03
Free Cash Flow per Basic Share	-2.68	1.49	1.68	-0.12	- -	0.67	-1.52	2.84	-0.01	-0.07	-0.28	-0.03
Cash & Equivalents per Share	1.96	3.12	3.19	1.02	- -	0.3	- -	0.05	- -	0.04	- -	- -
Book Value per Share	1.28	2.01	2.36	3.3	- -	-0.01	-1.97	-3.23	-0.97	-0.36	-1.32	-0.71
Tangible Book Value per Share	7.32	7.98	6.92	10.85	- -	0.87	0.34	-0.15	-0.15	-0.07	-0.19	-0.14

Environmental Service Professionals, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)