Highlands Bankshares, Inc.

HBSI

HBSIHighlands Bankshares, Inc. US flag

Other OTC

45.32

USD

- -

60.59MMarket Cap

Income Statement (USD)

API Chat

	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y
Sales/Revenue/Turnover	13	15	16	18	19	20	19	19	19	18	18	18	19	19	20
+ Sales & Services Revenue	13	15	16	18	19	20	19	19	19	18	18	18	19	19	20
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	4	5	5	6	6	8	8	9	9	8	8	9	8	8	9
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-4	-5	-5	-6	-6	-8	-8	-9	-9	-8	-8	-9	-8	-8	-9
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-3	-5	-6	-7	-7	-8	-5	-2	-2	-3	-5	-5	-5	-5	-5
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-3	-5	-6	-7	-7	-8	-5	-2	-2	-3	-5	-5	-5	-5	-5
Pretax Income	3	5	6	7	7	8	5	2	2	3	5	5	5	5	5
- Income Tax Expense (Benefit)	1	2	2	2	3	3	2	1	1	1	1	2	2	3	1
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	2	3	4	5	5	5	3	2	1	2	3	3	4	2	4
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	2	3	4	5	5	5	3	2	1	2	3	3	4	2	4
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	2	3	4	5	5	5	3	2	1	2	3	3	4	2	4
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2	3	4	5	5	5	3	2	1	2	3	3	4	2	4
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA Margin (%)	7.82	6.25	4.89	3.81	3.88	4.41	4.57	5.19	5.19	4.02	4.79	3.99	3.23	3.58	3.83
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	16.77	21.94	24.18	25.11	24.44	24.81	17.7	8.46	7.44	13.12	18.41	18.2	20.01	12.96	19.65
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.56	0.63	0.82	0.94	1	1.08	1.16	1.04	0.45	0.4	0.74	1	1.08	1.14	1.65
Depreciation Expense	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Basic Weighted Avg Shares	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Basic EPS, GAAP	1.55	2.23	2.65	3.14	3.24	3.59	2.51	1.19	1.04	1.78	2.47	2.49	2.79	1.85	2.91
Basic EPS from Cont Ops	1.55	2.23	2.65	3.14	3.24	3.59	2.51	1.19	1.04	1.78	2.47	2.49	2.79	1.85	2.91
Diluted Weighted Avg Shares	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Diluted EPS, GAAP	1.55	2.23	2.65	3.14	3.24	3.59	2.51	1.19	1.04	1.78	2.47	2.49	2.79	1.85	2.91
Diluted EPS from Cont Ops	1.55	2.23	2.65	3.14	3.24	3.59	2.51	1.19	1.04	1.78	2.47	2.49	2.79	1.85	2.91

Balance Sheet (USD)

API Chat

	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	8	7	10	9	10	8	9	12	12	50	57	50	46	43	43
+ Cash & Cash Equivalents	8	7	10	9	10	8	9	12	12	12	18	13	13	13	16
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	38	40	38	33	30	27
+ Accounts & Notes Receiv	2	1	2	2	2	2	2	2	2	1	1	1	1	1	1
+ Accounts Receivable, Net	- -	- -	- -	- -	- -	2	2	2	2	1	1	1	1	1	1
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	2	1	2	2	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-10	-8	-12	-11	-12	-10	-11	-14	-13	-52	-58	-52	-47	-45	-44
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	8	9	10	9	9	9	8	10	12	12
+ Property, Plant & Equip	- -	- -	- -	- -	- -	8	9	17	18	17	17	17	19	21	22
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	8	8	8	8	9	9	9	10
+ LT Investments & Receivables	35	27	28	25	28	28	34	32	47	38	40	38	33	30	27
+ LT Investments	35	27	28	25	28	28	34	32	47	38	40	38	33	30	27
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-35	-27	-28	-25	-28	-36	-43	-42	-56	-47	-48	-46	-42	-42	-38
+ Total Intangible Assets	- -	- -	3	3	3	3	3	2	2	2	2	2	2	2	2
+ Goodwill	- -	- -	- -	- -	- -	2	2	2	2	2	2	2	2	2	2
+ Other Intangible Assets	- -	- -	3	3	3	1	1	1	1	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-35	-27	-31	-29	-31	-39	-46	-45	-58	-48	-50	-48	-44	-44	-40
Total Assets	301	300	338	357	381	378	408	400	404	383	388	398	402	405	413
+ Payables & Accruals	- -	- -	- -	- -	- -	6	6	6	7	5	8	7	7	7	8
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	6	6	6	7	5	8	7	7	7	8
+ ST Debt	- -	2	- -	- -	- -	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	2	- -	- -	- -	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	-2	- -	- -	- -	-11	-6	-6	-7	-6	-8	-7	-7	-7	-8
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	-2	- -	- -	- -	-11	-6	-6	-7	-6	-8	-7	-7	-7	-8
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	5	8	15	15	12	11	11	9	11	4	4	6	7	5	10
+ LT Borrowings	5	8	15	15	12	11	11	9	11	4	4	6	7	5	10
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-5	-8	-15	-15	-12	-11	-11	-9	-11	-4	-4	-6	-7	-5	-10
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-5	-8	-15	-15	-12	-11	-11	-9	-11	-4	-4	-6	-7	-5	-10
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	272	268	304	320	340	339	366	359	363	337	341	349	351	353	360
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	9	9	9	9	9	9	9	9	9	9	9	9	9	9	9
+ Common Stock	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7
+ Additional Paid in Capital	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
- Treasury Stock	- -	- -	- -	- -	- -	3	3	3	3	3	3	3	3	3	3
+ Retained Earnings	21	23	26	29	32	35	37	37	38	42	44	46	49	50	52
+ Other Equity	- -	- -	-1	-1	- -	-1	-1	-1	-2	-2	-3	-3	-3	-4	-4
Equity Before Minority Interest	30	32	34	37	41	39	41	41	42	46	47	49	51	52	53
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	30	32	34	37	41	39	41	41	42	46	47	49	51	52	53
Total Liabilities & Equity	301	300	338	357	381	378	408	400	404	383	388	398	402	405	413
Shares Outstanding	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	-3	4	5	6	2	8	2	-2	- -	-9	-14	-7	-7	-8	-5
Net Debt to Equity	-10.51	11.18	15.44	16.88	5	20.37	4.64	-5.85	-0.97	-18.61	-29.06	-13.88	-12.81	-15.67	-10.3
Tangible Common Equity Ratio	9.81	10.53	9.21	9.61	9.92	9.76	9.59	9.81	9.82	11.52	11.67	11.97	12.33	12.43	12.56
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y
+ Net Income	2	3	4	5	5	5	3	2	1	2	3	3	4	2	4
+ Depreciation & Amortization	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
+ Non-Cash Items	1	1	- -	- -	1	1	2	3	4	2	- -	1	- -	1	- -
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	1	- -	1	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Other Non-Cash Adj	2	1	1	- -	1	1	2	4	4	2	-1	- -	- -	- -	- -
+ Chg in Non-Cash Work Cap	- -	1	- -	1	-1	-1	-3	2	1	2	- -	-1	- -	- -	- -
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	1	-1	1	- -	- -	- -	-1	- -	- -	1
+ Inc (Dec) in Other	- -	1	- -	1	-1	-2	-2	1	- -	1	- -	-1	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	5	5	5	6	5	5	3	7	7	7	5	3	5	4	5
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	1	1	3	2	2	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	1	1	3	2	2	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	-1	-2	-1	- -	- -	-1	-1	-2	-3	-1
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	-1	-2	-1	- -	- -	-1	-1	-2	-3	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-12	20	4	2	-4	4	-5	1	-14	-3	-2	2	5	2	4
+ Dec in LT Investment	20	28	13	12	11	17	12	20	12	8	10	15	14	9	7
+ Inc in LT Investment	-32	-8	-9	-10	-15	-13	-18	-18	-26	-11	-12	-13	-9	-7	-3
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	-22	-15	-24	-19	-1	-23	3	5	-2	-2	-18	-9	-4	-12
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-12	-2	-11	-22	-23	2	-30	4	-8	-2	-2	-15	-5	-4	-8
+ Dividends Paid	-1	-1	-1	-1	-1	-1	-2	-1	-1	-1	-1	-1	-1	-2	-2
+ Net Cash From Debt	1	3	7	- -	-3	4	-5	-1	2	-1	- -	2	1	-2	6
+ Cash From Debt	2	4	8	2	1	6	- -	- -	4	- -	2	3	2	- -	7
+ Repayments of Debt	-1	-1	-2	-2	-4	-2	-5	-1	-2	-1	-1	-1	-1	-2	-1
+ Other Financing Activities	5	-6	3	16	23	-7	34	-7	1	-4	1	7	1	4	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	6	-4	8	14	19	-8	27	-10	3	-6	1	7	1	- -	4
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-1	-1	3	-2	1	- -	-1	1	1	-1	4	-4	- -	- -	1
EBITDA	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA Margin (%)	7.82	6.25	4.89	3.81	3.88	4.41	4.57	5.19	5.19	4.02	4.79	3.99	3.23	3.58	3.83
Free Cash Flow	5	5	5	6	5	5	1	6	7	7	4	3	3	1	5
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	5	5	5	6	5	5	1	6	7	7	4	3	3	1	5
Free Cash Flow to Equity	6	9	12	6	2	9	-4	5	10	9	7	7	4	-1	10
Free Cash Flow per Basic Share	3.6	3.8	3.5	4.15	3.47	3.33	0.87	4.41	5.03	4.97	3.22	2.13	2.32	0.8	3.6
Price/Free Cash Flow	3.79	3.28	4.44	3.97	4.52	3.69	3.27	1.75	1.54	2.96	4.41	5.94	5.12	5.94	8
Cash Flow to Net Income	2.32	1.7	1.32	1.32	1.07	1.06	0.93	4.56	5.04	2.98	1.47	1.02	1.31	1.59	1.38
Capital Expenditures	- -	- -	- -	- -	- -	-1	-2	-1	- -	- -	-1	-1	-2	-3	-1