GSV, Inc. Financial Ratios — GSVI Stock

Profitability (USD)

	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-95.58	-56.35	-127.27	-77.57	-55.2	-35.55	-18.34	-5.42	-5.97	5.49	-136.45
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	-8,800	-20,800	-244,100	-6,500	100	100	100	100	100	100	100	100
EBITDA Margin (%)	-36,600	-156,200	-31,800	-231,000	-827.86	-68.79	-210.43	-121.15	15.73	-16.54	56.68	40.94
Operating Margin (%)	-45,500	-177,100	-276,000	-237,600	-948.86	-116.91	-247.14	-121.6	-14.59	-41.19	25.38	21
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	55.98	-180.53
Pretax Margin (%)	-180,000	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-180,600	-796,700	-1,026,800	-1,612,700	-1,890.96	-248.59	-253.4	-124.01	-21.99	-62.77	18.63	-268.71
Net Income to Common Margin (%)	-180,600	-796,700	-1,026,800	-1,612,700	-1,923.03	-262.94	-253.4	-124.01	-21.99	-62.77	18.63	-268.71
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	1.67	2.62	-8.84	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -
Total Debt/EBITDA	- -	- -	-0.23	-0.03	- -	- -	-0.33	-0.86	6.73	-17.32	1.55	1.49
Net Debt/EBITDA	2.19	7.87	26.41	0.98	1.25	2.6	-0.3	-0.54	5.21	-16.45	0.71	0.81
Total Debt/EBIT	- -	- -	-0.03	-0.03	- -	- -	-0.28	-0.86	-7.26	-6.96	3.46	2.9
Net Debt/EBIT	1.76	6.95	3.04	0.95	1.09	1.53	-0.26	-0.54	-5.61	-6.61	1.59	1.59
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.57
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.65
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.88
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-258.33	-47.19	-83.93	-771.9	-1,974.18	-3,141.19	1,419.43	-1,300.96	-1,357.57	-1,431.45	-1,294.13	-10,470.31
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	29.36	11.35	9.29	- -
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	-1.47	-0.53	-0.47	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	19.58	7.39	5.98	- -
Total Debt/Equity (%)	- -	- -	0.36	1.89	- -	- -	8.2	21.93	39.91	42.92	38.38	-136.6
Total Debt/Capital (%)	- -	- -	-0.42	-0.21	- -	- -	0.49	-1.19	-2	-1.99	-1.95	-1.29
Total Debt/Total Assets (%)	- -	- -	0.35	1.62	- -	- -	6.95	15.24	26.62	27.95	24.7	133.6
Net Debt to Equity	- -	-111.82	-41.4	-60.1	-79.35	-60.63	7.45	13.78	30.85	40.75	17.62	-74.68
Net Debt/Capital (%)	20.51	62.76	32.3	6.28	3.54	1.61	0.44	-0.74	-1.54	-1.89	-0.88	-0.7
EBITDA	- -	-2	- -	-2	-1	- -	-1	-1	- -	- -	- -	- -
EBITDA-CapEx	- -	-4	-1	-2	-1	- -	-1	-1	- -	- -	- -	- -
Operating Income (Loss)	- -	-2	-3	-2	-1	- -	-1	-1	- -	- -	- -	- -

Liquidity (USD)

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	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Cash Ratio	0.67	2.8	13.96	4.14	7.35	3.11	0.04	0.19	0.44	0.05	0.45	0.31
Current Ratio	0.75	3.02	33.42	4.27	7.49	3.48	0.08	0.33	1	0.19	0.64	0.34
Quick Ratio	0.75	2.84	13.99	4.14	7.35	3.11	0.08	0.33	1	0.19	0.64	0.34
CFO/Avg Current Liab	- -	-2.01	-3.11	-6.85	-3.49	-1.15	-0.82	0.09	0.1	0.07	0.6	0.42
Common Equity/Total Assets	-258.33	-47.19	-83.93	-771.9	-1,974.18	-3,141.19	1,419.43	-1,300.96	-1,357.57	-1,431.45	-1,294.13	-10,470.31
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	29.36	11.35	9.29	- -
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	-1.47	-0.53	-0.47	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	19.58	7.39	5.98	- -
Total Debt/Equity (%)	- -	- -	0.36	1.89	- -	- -	8.2	21.93	39.91	42.92	38.38	-136.6
Total Debt/Capital (%)	- -	- -	-0.42	-0.21	- -	- -	0.49	-1.19	-2	-1.99	-1.95	-1.29
Total Debt/Total Assets (%)	- -	- -	0.35	1.62	- -	- -	6.95	15.24	26.62	27.95	24.7	133.6
CFO/Total Liabilities	-100	-125.92	-1,126.19	-662.21	-724.92	-111.06	-58.97	6.96	7.13	4.37	46.23	45.2
CFO/CapEx	-12	-2.79	-11.88	-138.38	- -	- -	- -	- -	5.22	0.23	4.42	1.09
Altman's Z-Score	-5.17	-0.35	-1.29	-12.09	-28.99	-44.3	18.99	-18.9	-18.88	-20.35	-17.73	-144.46

Working Capital (USD)

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	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	30.33	5.95	4.15	1.64	6.11	8.59
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	12.04	61.32	87.99	222.82	59.7	42.49
Inventory Turnover	- -	1.04	7.16	0.47	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	349.28	50.97	779.77	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	0.39	1.58	-0.42	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	928.98	230.32	-866.88	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	-579.7	-179.36	1,646.65	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	-349.28	-50.97	-779.77	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API Chat

	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	1	12	8	2	1	1	- -	- -	- -	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1
Enterprise Value	-1	-12	-8	-2	-1	- -	- -	- -	1	1	- -	- -
Total Capital	-3	-7	-18	-34	-36	-37	41	-38	-38	-38	-38	-40
Total Debt/Capital (%)	- -	- -	-0.42	-0.21	- -	- -	0.49	-1.19	-2	-1.99	-1.95	-1.29
Total Debt / EV	- -	- -	-0.01	-0.03	- -	- -	1.09	1.58	1.29	1.05	2.17	1.82
EV/Sales	- -	- -	- -	- -	- -	- -	0.64	0.66	0.82	2.73	0.41	0.34
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	5.22	- -	0.72	0.82
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.6	1.6
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	-1	-12	-8	-2	-1	- -	- -	- -	1	1	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	0.04	0.04	0.08	0.1	0.05	0.04
TTM Sales	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	1	1
TTM EBITDA	- -	-2	- -	-2	-1	- -	-1	-1	- -	- -	- -	- -
TTM Operating Income	- -	-2	-3	-2	-1	- -	-1	-1	- -	- -	- -	- -
TTM Cash Flow to Firm	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

API Chat

	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.6	1.6
Enterprise Value	-1	-12	-8	-2	-1	- -	- -	- -	1	1	- -	- -
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	0.64	0.66	0.82	2.73	0.41	0.34
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	5.22	- -	0.72	0.82
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	- -	- -	- -	- -	- -	- -	0.64	0.66	0.82	2.73	0.41	0.34
EV/Sales High	- -	- -	- -	- -	- -	- -	0.64	0.66	0.82	2.73	0.41	0.34
EV/Sales Low	- -	- -	- -	- -	- -	- -	0.64	0.66	0.82	2.73	0.41	0.34
EV/EBITDA Average	2.19	7.87	26.41	0.98	0.89	0.95	-0.31	-0.54	5.22	-16.49	0.72	0.82
EV/EBITDA High	2.19	7.87	26.41	0.98	0.89	0.95	-0.31	-0.54	5.22	-16.49	0.72	0.82
EV/EBITDA Low	2.19	7.87	26.41	0.98	0.89	0.95	-0.31	-0.54	5.22	-16.49	0.72	0.82
EV/EBIT Average	1.76	6.95	3.04	0.95	0.77	0.56	-0.26	-0.54	-5.63	-6.62	1.6	1.6
EV/EBIT High	1.76	6.95	3.04	0.95	0.77	0.56	-0.26	-0.54	-5.63	-6.62	1.6	1.6
EV/EBIT Low	1.76	6.95	3.04	0.95	0.77	0.56	-0.26	-0.54	-5.63	-6.62	1.6	1.6
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Average	-1	-12	-8	-2	-1	- -	- -	- -	1	1	- -	- -
Enterprise Value High	-1	-12	-8	-2	-1	- -	- -	- -	1	1	- -	- -
Enterprise Value Low	-1	-12	-8	-2	-1	- -	- -	- -	1	1	- -	- -

	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Shares Outstanding	8	1	2	2	2	3	7	7	7	7	8	8
Diluted Weighted Avg Shares	1	1	2	2	2	2	5	7	7	8	10	8
Basic Weighted Avg Shares	1	1	2	2	2	2	5	7	7	8	8	8
Revenue per Share	- -	- -	- -	- -	0.07	0.15	0.06	0.06	0.1	0.04	0.11	0.11
EBITDA per Share	-0.25	-1.17	-0.19	-1.13	-0.58	-0.1	-0.13	-0.07	0.02	-0.01	0.06	0.05
Operating Income per Share	-0.32	-1.33	-1.64	-1.17	-0.67	-0.17	-0.15	-0.07	-0.01	-0.01	0.03	0.02
Basic EPS, GAAP	-1.25	-5.97	-6.12	-7.92	-1.36	-0.38	-0.15	-0.07	-0.02	-0.02	0.02	-0.31
Basic EPS from Cont Ops	-0.3	-0.86	-1.49	-1.78	-1.34	-0.36	-0.15	-0.07	-0.02	-0.02	0.02	-0.31
Diluted EPS, GAAP	-1.25	-5.97	-6.12	-7.92	-1.35	-0.38	-0.15	-0.07	-0.02	-0.02	0.02	-0.31
Diluted EPS from Cont Ops	-0.3	-0.86	-1.49	-1.78	-1.33	-0.36	-0.15	-0.07	-0.02	-0.02	0.02	-0.31
Dividend per Share	- -	- -	- -	- -	- -	0.01	0.01	- -	- -	- -	- -	- -
Cash Flow per Share	-0.83	-4.22	-4.63	-1.97	-0.72	-0.09	-0.06	0.01	0.01	0.01	0.07	0.05
Free Cash Flow per Basic Share	-0.9	-5.73	-5.03	-1.98	-0.72	-0.09	-0.06	0.01	0.01	-0.02	0.05	- -
Cash & Equivalents per Share	0.55	9.21	5.05	1.15	0.73	0.26	- -	0.02	0.02	0.01	0.05	0.03
Book Value per Share	-2.15	-5.47	-10.48	-16.56	-20.09	-16.21	8.75	-5.17	-5.16	-5.16	-5.14	-5.45
Tangible Book Value per Share	- -	8.24	4.26	1.85	0.71	0.27	0.52	0.28	0.25	0.23	0.26	-0.05

GSV, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)