Anika Therapeutics Inc. Financial Ratios — AKP Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	9.41	11.54	16.83	24.43	15.82	15.01	13.09	7.1	9.85	-8.55	1.48	-5.19	-33.21	-30.79	-7.32
Return on Assets (%)	6.47	8.55	13.8	21.97	14.35	13.68	12.17	6.67	8.92	-6.89	1.16	-4.27	-26.68	-23.82	-5.54
Return on Capital (%)	8.3	10.47	16.19	24.43	15.82	15.01	13.09	7.1	9.47	- -	- -	-4.76	-29.71	- -	- -
Return on Invested Capital (%)	8.41	10.5	16.15	24.4	15.62	14.8	13.01	6.7	9.01	- -	- -	0.6	-0.33	- -	- -
Gross Margin (%)	58.65	59.38	69.68	80.18	77.36	76.76	75.87	70.37	74.92	52.91	56.12	64.33	68.33	63.38	56.56
EBITDA Margin (%)	27.74	33.97	49.78	62.65	55.82	52.56	44.1	26.2	35.11	-11.39	11.46	15.95	12.47	2.52	-4.72
Operating Margin (%)	21.56	31.19	43.05	58.19	51.76	48.95	40.32	20.6	29.88	-11.09	-12.5	3.22	0.7	-4.25	-9.8
Incremental Operating Margin (%)	69.72	125.93	270.43	95.45	105.69	23.82	- -	304.9	138.03	- -	- -	- -	- -	671.75	83.94
Pretax Margin (%)	21.28	27.37	43.26	58.25	51.89	49.21	40.74	21.99	31.52	-21.94	1.64	3.8	2.61	-2.31	-8.25
Profit Margin (%)	13.07	16.48	27.4	36.29	33.07	31.48	28.05	17.74	23.73	-18.38	2.8	-13.05	-68.44	-47.02	-9.64
Net Income to Common Margin (%)	13.07	16.48	27.4	36.29	33.07	31.48	28.05	17.74	23.73	-18.38	2.8	-13.05	-68.44	-47.02	-9.64
Effective Tax Rate (%)	38.58	39.79	36.65	37.7	36.26	36.02	31.14	19.33	24.72	- -	- -	49.12	208.97	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	9.41	11.54	16.83	24.43	15.82	15.01	13.09	7.1	9.85	-8.55	1.48	-5.19	-33.21	-30.79	-7.32

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	11	10	- -	- -	- -	- -	- -	- -	23	22	21	31	28	26	26
ST Debt	2	2	- -	- -	- -	- -	- -	- -	1	2	2	2	2	2	2
LT Debt	10	8	- -	- -	- -	- -	- -	- -	21	21	19	29	26	24	24
Total Debt/EBITDA	0.62	0.4	- -	- -	- -	- -	- -	- -	0.56	-1.51	1.24	1.7	1.84	8.59	-4.93
Net Debt/EBITDA	-1.37	-1.42	-1.69	-1.51	-2.13	-1.92	-2.66	-3.22	-3.91	6.45	-5.57	-4.75	-4.56	-18.42	10.8
Total Debt/EBIT	0.8	0.49	- -	- -	- -	- -	- -	- -	0.66	-0.79	8.01	8.42	32.87	-5.08	-2.38
Net Debt/EBIT	-1.76	-1.75	-1.94	-1.63	-2.3	-2.06	-2.91	-4.09	-4.6	3.38	-36.09	-23.52	-81.45	10.91	5.2
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	71.33	76.67	86.92	92.37	89.44	92.73	93.23	94.49	87.2	74.51	82.61	81.79	78.43	75.95	75.4
Long-Term Debt/Equity (%)	10.13	7.34	- -	- -	- -	- -	- -	- -	7.41	7.66	6.7	10.09	12.21	15.59	16.87
Long-Term Debt/Capital (%)	9.06	6.75	- -	- -	- -	- -	- -	- -	6.87	7.08	6.25	9.11	10.8	13.35	14.26
Long-Term Debt/Total Assets (%)	7.23	5.63	- -	- -	- -	- -	- -	- -	6.46	5.71	5.54	8.25	9.58	11.84	12.72
Total Debt/Equity (%)	11.82	8.81	- -	- -	- -	- -	- -	- -	7.81	8.25	7.3	10.82	13.07	16.84	18.3
Total Debt/Capital (%)	10.57	8.1	- -	- -	- -	- -	- -	- -	7.24	7.62	6.8	9.76	11.56	14.41	15.47
Total Debt/Total Assets (%)	8.43	6.76	- -	- -	- -	- -	- -	- -	6.81	6.14	6.03	8.85	10.25	12.79	13.8
Net Debt to Equity	-25.94	-31.64	-46.69	-56.24	-52.51	-46.8	-50.57	-33.78	-54.6	-35.18	-32.88	-30.23	-32.38	-36.13	-40.07
Net Debt/Capital (%)	-35.02	-46.29	-87.6	-128.5	-110.55	-87.98	-102.32	-51.01	-102.63	-48.14	-44.18	-37.51	-40.14	-44.76	-51.22
EBITDA	18	24	37	66	52	54	50	28	40	-15	17	18	15	3	-5
EBITDA-CapEx	17	23	37	65	43	40	41	23	37	-16	12	11	10	-5	-12
Operating Income (Loss)	14	22	32	61	48	51	46	22	34	-14	-18	4	1	-5	-11

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	2.46	3.05	6.82	17.9	8.01	14.18	12.03	14.09	11.36	2.67	3.17	3.09	2.21	2.39	2.62
Current Ratio	4.41	5.35	10.19	23.08	10.21	19.37	15.78	17.98	14.39	4.81	5.66	6.07	5.26	4.88	4.72
Quick Ratio	3.65	4.53	8.84	20.77	9.27	17.32	13.85	15.93	12.78	3.32	4.17	4.33	3.06	3.4	3.71
CFO/Avg Current Liab	0.6	0.73	2.12	5.24	3.43	1.88	3.73	2.87	2.68	0.49	0.25	0.15	-0.06	0.2	0.49
Common Equity/Total Assets	71.33	76.67	86.92	92.37	89.44	92.73	93.23	94.49	87.2	74.51	82.61	81.79	78.43	75.95	75.4
Long-Term Debt/Equity (%)	10.13	7.34	- -	- -	- -	- -	- -	- -	7.41	7.66	6.7	10.09	12.21	15.59	16.87
Long-Term Debt/Capital (%)	9.06	6.75	- -	- -	- -	- -	- -	- -	6.87	7.08	6.25	9.11	10.8	13.35	14.26
Long-Term Debt/Total Assets (%)	7.23	5.63	- -	- -	- -	- -	- -	- -	6.46	5.71	5.54	8.25	9.58	11.84	12.72
Total Debt/Equity (%)	11.82	8.81	- -	- -	- -	- -	- -	- -	7.81	8.25	7.3	10.82	13.07	16.84	18.3
Total Debt/Capital (%)	10.57	8.1	- -	- -	- -	- -	- -	- -	7.24	7.62	6.8	9.76	11.56	14.41	15.47
Total Debt/Total Assets (%)	8.43	6.76	- -	- -	- -	- -	- -	- -	6.81	6.14	6.03	8.85	10.25	12.79	13.8
CFO/Total Liabilities	26.71	31.83	123.31	271.77	160.29	139.92	213.38	227.02	87.42	14.02	13.89	6.94	-3.06	11.08	23.9
CFO/CapEx	7.26	7.01	57.06	25.74	4.33	1.74	4.54	7.5	13.09	8.03	1.63	0.59	-0.33	0.65	1.64
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.46	3.11

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	4.03	3.68	3.74	5.88	4.79	4.2	4.41	4.73	5.23	5.53	5.48	3.53	3.96	4.8	4.77
Days Sales Outstanding	90.51	99.16	97.71	62.03	76.15	86.94	82.74	77.11	69.83	66	66.61	103.37	92.14	76.03	76.49
Inventory Turnover	3.3	3.72	2.36	1.79	1.54	1.55	1.44	1.44	1.33	1.8	1.58	1.07	1.19	1.82	2.3
Days Inventory Outstanding	110.74	98.12	154.56	204.07	237.04	234.86	253.56	252.83	274.86	202.62	231.38	340.56	306.2	200.49	158.61
Accounts Payable Turnover	3.59	9.02	9.92	11.18	4.96	4.73	7.38	6.18	8.44	13.37	6.58	5.31	3	7.33	7.55
Accounts Payable Turnover Days	101.6	40.44	36.79	32.63	73.54	77.19	49.43	59.09	43.24	27.31	55.49	68.73	121.56	49.79	48.37
Cash Conversion Cycle	99.65	156.83	215.49	233.46	239.65	244.61	286.87	270.85	301.45	241.31	242.5	375.19	276.79	226.73	186.73
Inventory to Cash Days	-20.23	1.03	-56.85	-142.04	-160.89	-147.92	-170.81	-175.72	-205.03	-136.62	-164.76	-237.19	-214.06	-124.46	-82.12
Inventories	7	8	11	12	15	16	22	21	22	46	36	40	24	24	19
Raw Materials	4	6	6	6	6	6	11	14	12	15	17	21	- -	- -	- -
Work In Process	2	1	2	3	6	6	6	5	8	13	11	11	- -	- -	- -
Finished Goods	2	1	3	3	4	5	5	7	9	33	27	25	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	-4	-7	-15	-19	-17	24	24	19

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	231	131
- Cash & Cash Equivalents	36	44	63	100	111	104	133	89	157	96	94	86	69	56	57
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	11	10	- -	- -	- -	- -	- -	- -	23	22	21	31	28	26	26
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	201	99
Total Capital	106	119	136	178	211	223	263	264	311	295	308	316	240	180	170
Total Debt/Capital (%)	10.57	8.1	- -	- -	- -	- -	- -	- -	7.24	7.62	6.8	9.76	11.56	14.41	15.47
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.13	0.26
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.68	0.88
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	66.69	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	236	135
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	206	104
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.97	7.15
TTM Sales	65	71	75	106	93	103	113	106	115	130	148	114	121	120	113
TTM EBITDA	18	24	37	66	52	54	50	28	40	-15	17	18	15	3	-5
TTM Operating Income	14	22	32	61	48	51	46	22	34	-14	-18	4	1	-5	-11
TTM Cash Flow to Firm	10	11	25	40	40	24	41	35	37	- -	- -	4	-2	- -	- -
TTM Free Cash Flow to Firm	9	9	25	38	31	10	32	30	34	- -	- -	-3	-7	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-80.52	30.9
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	201	99
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.75	7.96
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.68	0.88
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	66.69	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.5	0.91
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.26	1.17
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.71	1.76
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.47	0.77
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.6	0.98
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.41	1.25
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.9	1.89
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.57	0.83
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.97	1.19
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.96	1.53
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.56	2.31
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.93	1.01
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	43.68	12.05
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	65.77	15.45
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	79.01	23.3
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	42.93	10.2
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-121.24	39.64
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-145.65	59.76
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-79.13	26.16
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.65	1.21
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.24	1.96
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.65	0.7
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	105.39	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	128.59	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	65.37	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.03	9.4
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	29	18.18
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	318	136
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	388	221
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	197	79

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	14	14	14	15	15	15	15	14	14	14	14	15	15	14	14
Diluted Weighted Avg Shares	14	14	15	15	15	15	15	15	14	14	15	15	15	15	14
Basic Weighted Avg Shares	13	13	14	15	15	15	15	14	14	14	14	15	15	15	14
Revenue per Share	4.96	5.38	5.33	7.19	6.23	7.04	7.78	7.31	8.12	9.17	10.26	7.82	8.24	8.14	7.87
EBITDA per Share	1.38	1.83	2.65	4.51	3.48	3.7	3.43	1.92	2.85	-1.04	1.18	1.25	1.03	0.21	-0.37
Operating Income per Share	1.07	1.68	2.29	4.19	3.22	3.45	3.14	1.51	2.43	-1.02	-1.28	0.25	0.06	-0.35	-0.77
Basic EPS, GAAP	0.65	0.89	1.46	2.61	2.06	2.22	2.18	1.3	1.93	-1.69	0.29	-1.02	-5.64	-3.83	-0.76
Basic EPS from Cont Ops	0.65	0.89	1.46	2.61	2.06	2.22	2.18	1.3	1.93	-1.69	0.29	0.15	-0.23	-0.6	-0.7
Diluted EPS, GAAP	0.62	0.82	1.39	2.51	2.01	2.15	2.11	1.27	1.89	-1.69	0.28	-1.02	-5.64	-3.83	-0.76
Diluted EPS from Cont Ops	0.62	0.82	1.39	2.51	2.01	2.15	2.11	1.27	1.89	-1.69	0.28	0.15	-0.23	-0.6	-0.7
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.78	0.8	1.79	2.72	2.67	1.67	2.8	2.42	2.62	0.92	0.58	0.3	-0.12	0.37	0.78
Free Cash Flow per Basic Share	0.67	0.68	1.76	2.62	2.05	0.71	2.18	2.1	2.42	0.8	0.23	-0.21	-0.49	-0.2	0.3
Cash & Equivalents per Share	2.62	3.18	4.43	7.2	9.21	8.53	10.71	11.19	12.93	6.86	6.54	5.9	4.69	3.86	4.14
Book Value per Share	6.95	7.86	9.49	11.99	14.02	15.23	17.94	18.55	20.16	19.01	19.88	19.53	14.48	10.68	10.33
Tangible Book Value per Share	4.6	5.74	7.5	10.43	12.75	14.04	16.66	17.35	19.09	12.06	13.64	13.92	13.79	10.01	9.63