Kronos Advanced Technologies Inc. Financial Ratios — KNOS

Profitability (USD)

	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 (%)	- -	-184.5	-102.48	-98.81	-86.98	-219.74	-120.94	-98.66	-185.74
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	20.27	34.21	16.2	43.7	28.86	12.78	96.15	41.82	90.7
EBITDA Margin (%)	-421.45	-3,535.41	-3,635.53	-477.7	-362.9	-631.29	-1,604.54	-3,015.8	-35.43
Operating Margin (%)	-453.65	-3,535.41	-3,635.53	-477.7	-362.9	-631.29	-1,604.54	-3,015.8	-35.43
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-452.7	-3,760.59	-3,743.41	-495.86	-467.89	- -	- -	- -	- -
Profit Margin (%)	-642.07	-10,385.35	-3,007.03	-495.86	-467.89	-1,648.34	-1,823.57	-1,465.28	-118.85
Net Income to Common Margin (%)	-642.07	-10,385.35	-3,007.03	-495.86	-467.89	-1,648.34	-1,823.57	-1,465.28	-118.85
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Total Debt	- -	- -	1	2	3	7	5	5	5
ST Debt	- -	- -	1	- -	1	4	2	1	5
LT Debt	- -	- -	- -	2	2	2	3	4	- -
Total Debt/EBITDA	-0.19	-0.09	-0.23	-0.74	-1.68	-2.51	-1.32	-0.96	-3.76
Net Debt/EBITDA	-0.11	-0.08	-0.22	-0.5	-1.65	-1.94	-1.15	-0.89	-3.09
Total Debt/EBIT	-0.17	-0.09	-0.23	-0.74	-1.68	-2.51	-1.32	-0.96	-3.76
Net Debt/EBIT	-0.1	-0.08	-0.22	-0.5	-1.65	-1.94	-1.15	-0.89	-3.09
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	-13.15	-2
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	-13.16	-2.02
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	-13.15	-2
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	1
Common Equity/Total Assets	-27.24	-389.26	-621.76	-539.39	-799.42	-682.96	-1,166.2	-1,574.09	-1,446.79
Long-Term Debt/Equity (%)	2.44	- -	- -	- -	- -	- -	- -	1,252.89	- -
Long-Term Debt/Capital (%)	-9.6	- -	-1.62	-11.5	-14.71	-11.87	-9.78	-12.6	- -
Long-Term Debt/Total Assets (%)	2.31	- -	9.53	55.05	98.4	60.61	96.96	170.55	- -
Total Debt/Equity (%)	3.34	65.59	-197.92	-159.62	-235.37	-176.8	-147.77	1,622.26	-976.56
Total Debt/Capital (%)	-13.15	-2.7	-5.46	-12.7	-19.49	-33.76	-17.65	-16.32	-15.05
Total Debt/Total Assets (%)	3.17	10.23	32.16	60.78	130.4	172.36	174.95	220.83	189.25
Net Debt to Equity	1.91	58.78	-192.33	-107.65	-230.37	-136.52	-128.74	1,495.59	-802.21
Net Debt/Capital (%)	-7.15	-2.41	-5.29	-8.22	-19	-24.2	-15.04	-14.85	-12.04
EBITDA	-1	-3	-3	-3	-2	-3	-4	-5	-1
EBITDA-CapEx	-1	-3	-3	-3	-2	-3	-4	-5	-1
Operating Income (Loss)	-1	-3	-3	-3	-2	-3	-4	-5	-1

Liquidity (USD)

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	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Cash Ratio	0.26	0.02	0.01	0.34	0.05	0.29	0.19	0.23	0.28
Current Ratio	0.34	0.04	0.07	0.38	0.17	0.34	0.21	0.24	0.33
Quick Ratio	0.28	0.02	0.01	0.37	0.12	0.29	0.19	0.23	0.28
CFO/Avg Current Liab	- -	-1.4	-0.81	-1.1	-1.71	-0.53	-0.6	-1.26	-0.07
Common Equity/Total Assets	-27.24	-389.26	-621.76	-539.39	-799.42	-682.96	-1,166.2	-1,574.09	-1,446.79
Long-Term Debt/Equity (%)	2.44	- -	- -	- -	- -	- -	- -	1,252.89	- -
Long-Term Debt/Capital (%)	-9.6	- -	-1.62	-11.5	-14.71	-11.87	-9.78	-12.6	- -
Long-Term Debt/Total Assets (%)	2.31	- -	9.53	55.05	98.4	60.61	96.96	170.55	- -
Total Debt/Equity (%)	3.34	65.59	-197.92	-159.62	-235.37	-176.8	-147.77	1,622.26	-976.56
Total Debt/Capital (%)	-13.15	-2.7	-5.46	-12.7	-19.49	-33.76	-17.65	-16.32	-15.05
Total Debt/Total Assets (%)	3.17	10.23	32.16	60.78	130.4	172.36	174.95	220.83	189.25
CFO/Total Liabilities	-74.14	-62.33	-54.63	-45.01	-72.74	-23.22	-45.08	-166.1	-5.51
CFO/CapEx	-12.69	-43.02	- -	-168.47	- -	- -	-10.33	-1,380.47	-17.26
Altman's Z-Score	100.53	-41.89	-218.7	-44.02	-143.26	-27.44	-85.87	-164.4	-53.76

Working Capital (USD)

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	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Accounts Receivable Turnover	- -	40.88	264.54	22.58	7.29	8.82	43.87	21.36	1,458.51
Days Sales Outstanding	- -	8.93	1.38	16.16	50.08	41.36	8.32	17.09	0.25
Inventory Turnover	- -	0.2	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	1,822.05	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	-3.25	0.12	0.54	1.55	1	0.02	0.33	0.73
Accounts Payable Turnover Days	- -	-112.22	3,010.1	681.86	236.17	365.45	14,770.36	1,101.67	500.97
Cash Conversion Cycle	- -	1,943.2	-3,008.72	-665.7	-186.09	-324.09	-14,762.04	-1,084.58	-500.72
Inventory to Cash Days	- -	-1,813.12	1.38	16.16	50.08	41.36	8.32	17.09	0.25
Inventories	1	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	1	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Market Capitalization	66	23	9	11	10	6	5	3	2
- Cash & Cash Equivalents	- -	- -	- -	1	- -	2	1	- -	1
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	1	2	3	7	5	5	5
Enterprise Value	66	23	9	12	13	11	9	7	6
Total Capital	-2	-12	-14	-16	-17	-20	-26	-29	-32
Total Debt/Capital (%)	-13.15	-2.7	-5.46	-12.7	-19.49	-33.76	-17.65	-16.32	-15.05
Total Debt / EV	- -	0.01	0.08	0.17	0.26	0.6	0.53	0.64	0.79
EV/Sales	216.71	241.3	100.52	21.36	23.83	26.37	39.99	45.45	1.69
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	66	23	9	11	10	6	5	3	2
Diluted Enterprise Value	66	23	9	12	13	11	9	7	6
EV per Share	2.63	0.73	0.21	0.25	0.22	0.17	0.09	0.04	0.02
TTM Sales	- -	- -	- -	1	1	- -	- -	- -	4
TTM EBITDA	-1	-3	-3	-3	-2	-3	-4	-5	-1
TTM Operating Income	-1	-3	-3	-3	-2	-3	-4	-5	-1
TTM Cash Flow to Firm	- -	-2	-2	-2	-3	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	-2	-2	-2	-3	- -	- -	- -	- -

Multiples (USD)

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	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Price/Free Cash Flow	-249.26	-14.37	-5.7	-5.3	-3.37	-3.35	-2	-0.99	-13.74
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	66	23	9	12	13	11	9	7	6
Low Price	0.44	0.56	0.14	0.08	0.15	0.06	0.04	- -	0.01
EV/Sales	216.71	241.3	100.52	21.36	23.83	26.37	39.99	45.45	1.69
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	-25.68	-4.63	-5.13	-2.52	-5.6	-1.19	-1.63	-1.76	-1.2
Price/Earnings High	-88.45	-9.38	-11.84	-5.23	-10.42	-2.38	-4.8	-4.25	-1.94
Price/Earnings Low	-5.62	-1.79	-2.27	-1.39	-3.47	-0.6	-0.86	-0.43	-0.43
Price/Book Value	-31.85	-1.9	-0.58	-0.61	-0.48	-0.22	-0.15	-0.09	-0.06
Price/Book Value Average	-24.28	-3.83	-0.97	-0.4	-0.7	-0.31	-0.21	-0.12	-0.14
Price/Book Value High	-83.64	-7.75	-2.24	-0.83	-1.3	-0.63	-0.62	-0.3	-0.23
Price/Book Value Low	-5.32	-1.48	-0.43	-0.22	-0.43	-0.16	-0.11	-0.03	-0.05
Price/Tangible Book Value	15.51	-11.59	-3.3	-2.85	-2.62	-1.01	-0.92	-2.09	-1.07
Price/Tangible Book Value Average	11.82	-23.4	-5.5	-1.87	-3.84	-1.41	-1.27	-2.89	-2.56
Price/Tangible Book Value High	40.72	-47.39	-12.68	-3.89	-7.15	-2.82	-3.75	-6.97	-4.12
Price/Tangible Book Value Low	2.59	-9.03	-2.43	-1.04	-2.38	-0.71	-0.67	-0.7	-0.91
Price/Sales	216.26	238.33	92.53	18.99	17.85	14.12	21.53	18.68	0.6
Price/Sales Average	164.87	481.1	154.32	12.48	26.2	19.66	29.66	25.83	1.43
Price/Sales High	567.88	974.28	355.91	25.92	48.75	39.28	87.57	62.32	2.3
Price/Sales Low	36.11	185.58	68.26	6.91	16.25	9.9	15.72	6.23	0.51
Price/Cash Flow	-229.62	-14.03	-5.7	-5.27	-3.37	-3.35	-1.81	-0.99	-12.94
Price/Cash Flow Average	-175.05	-28.33	-9.51	-3.46	-4.95	-4.66	-2.49	-1.37	-30.81
Price/Cash Flow High	-602.96	-57.36	-21.92	-7.19	-9.21	-9.31	-7.35	-3.3	-49.67
Price/Cash Flow Low	-38.34	-10.93	-4.2	-1.92	-3.07	-2.35	-1.32	-0.33	-11.01
Price/Free Cash Flow Average	-190.02	-29	-9.51	-3.48	-4.95	-4.66	-2.76	-1.37	-32.7
Price/Free Cash Flow High	-654.53	-58.73	-21.92	-7.23	-9.21	-9.31	-8.13	-3.3	-52.72
Price/Free Cash Flow Low	-41.62	-11.19	-4.2	-1.93	-3.07	-2.35	-1.46	-0.33	-11.69
EV/Sales Average	165.32	484.06	162.31	14.86	32.18	31.91	48.12	52.61	2.52
EV/Sales High	568.33	977.24	363.9	28.3	54.72	51.52	106.02	89.1	3.4
EV/Sales Low	36.56	188.54	76.24	9.29	22.23	22.14	34.17	33.01	1.6
EV/EBITDA Average	-39.23	-13.69	-4.46	-3.11	-8.87	-5.05	-3	-1.74	-7.12
EV/EBITDA High	-134.85	-27.64	-10.01	-5.92	-15.08	-8.16	-6.61	-2.95	-9.58
EV/EBITDA Low	-8.68	-5.33	-2.1	-1.94	-6.12	-3.51	-2.13	-1.09	-4.53
EV/EBIT Average	-36.44	-13.69	-4.46	-3.11	-8.87	-5.05	-3	-1.74	-7.12
EV/EBIT High	-125.28	-27.64	-10.01	-5.92	-15.08	-8.16	-6.61	-2.95	-9.58
EV/EBIT Low	-8.06	-5.33	-2.1	-1.94	-6.12	-3.51	-2.13	-1.09	-4.53
Last Price	2.62	0.72	0.19	0.22	0.16	0.09	0.05	0.01	0.01
High Price	6.88	2.94	0.73	0.3	0.45	0.25	0.2	0.05	0.02
Enterprise Value Average	51	46	15	8	17	14	11	8	9
Enterprise Value High	174	93	34	16	29	22	23	14	12
Enterprise Value Low	11	18	7	5	12	10	7	5	6

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Shares Outstanding	488	488	488	488	488	488	488	488	488
Diluted Weighted Avg Shares	25	31	45	48	58	68	99	200	367
Basic Weighted Avg Shares	25	31	45	48	58	68	99	200	367
Revenue per Share	0.01	- -	- -	0.01	0.01	0.01	- -	- -	0.01
EBITDA per Share	-0.05	-0.11	-0.07	-0.06	-0.03	-0.04	-0.04	-0.02	- -
Operating Income per Share	-0.05	-0.11	-0.07	-0.06	-0.03	-0.04	-0.04	-0.02	- -
Basic EPS, GAAP	-0.08	-0.31	-0.06	-0.06	-0.04	-0.1	-0.04	-0.01	-0.01
Basic EPS from Cont Ops	-0.05	-0.11	-0.08	-0.06	-0.04	-0.1	-0.04	-0.01	-0.01
Diluted EPS, GAAP	-0.08	-0.31	-0.06	-0.06	-0.04	-0.1	-0.04	-0.01	-0.01
Diluted EPS from Cont Ops	-0.05	-0.11	-0.08	-0.06	-0.04	-0.1	-0.04	-0.01	-0.01
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.01	-0.05	-0.03	-0.04	-0.05	-0.03	-0.03	-0.02	- -
Free Cash Flow per Basic Share	-0.01	-0.05	-0.03	-0.04	-0.05	-0.03	-0.03	-0.02	- -
Cash & Equivalents per Share	- -	- -	- -	0.01	- -	0.02	0.01	- -	- -
Book Value per Share	-0.08	-0.38	-0.33	-0.36	-0.35	-0.4	-0.31	-0.17	-0.1
Tangible Book Value per Share	0.17	-0.06	-0.06	-0.08	-0.06	-0.09	-0.05	-0.01	-0.01

Kronos Advanced Technologies Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)