Mendocino Brewing Company, Inc. Financial Ratios — MENB

Profitability (USD)

	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y
As of date	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015

Return on Common Equity (%)	- -	-24.95	0.76	-7.86	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-7.48	0.2	-1.96	-5.6	-6.15	-1.62	-1.28	-4.15	-4.78	0.26	2.79	-4.44	-8.11	-6.43
Return on Capital (%)	- -	-10.52	0.3	- -	- -	- -	- -	- -	- -	- -	-10.88	-29.46	- -	- -	- -
Return on Invested Capital (%)	- -	-26.3	0.95	- -	- -	- -	- -	- -	- -	- -	3.79	7.66	- -	- -	- -
Gross Margin (%)	33.64	33.58	32.08	33.2	30.48	28.54	28.45	25.62	24.1	26.66	27.09	27.53	27.68	31.15	31.35
EBITDA Margin (%)	7.4	8.96	7.47	4.71	1.24	1.77	4.64	4.02	1.74	1.54	4.93	5.05	2.36	1.36	1.84
Operating Margin (%)	2.88	4.83	3.47	1.44	-1.65	-1.38	1.66	1.09	-1.37	-1.56	1.23	2.38	-0.75	-2.7	-2.09
Incremental Operating Margin (%)	- -	36.82	-9.11	-15.8	- -	- -	23.25	254.41	- -	- -	20.03	-48.7	- -	- -	- -
Pretax Margin (%)	-7.49	1.94	1.11	-1.1	-4.6	-4.42	-1.02	-0.79	-2.89	-3.06	0.14	1.43	-2.45	-4.52	-3.67
Profit Margin (%)	-11.86	-6.8	0.17	-1.49	-4.2	-4.43	-1.04	-0.8	-2.91	-3.08	0.12	1.42	-2.46	-4.52	-3.68
Net Income to Common Margin (%)	-11.86	-6.8	0.17	-1.49	-4.2	-4.43	-1.04	-0.8	-2.91	-3.08	0.12	1.42	-2.46	-4.52	-3.68
Effective Tax Rate (%)	- -	450.66	84.95	- -	- -	- -	- -	- -	- -	- -	12.57	0.48	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	-24.95	0.76	-7.86	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y
As of date	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015

Total Debt	10	9	9	10	10	12	12	8	11	10	10	11	12	12	11
ST Debt	5	6	3	4	5	4	4	4	4	10	2	4	7	8	11
LT Debt	5	3	6	5	6	8	7	4	7	- -	8	7	5	4	- -
Total Debt/EBITDA	5.39	3.95	4.38	6.64	27.05	20.93	6.82	5.52	17.56	18.48	5.01	5.55	14.14	25.38	19.94
Net Debt/EBITDA	4.82	3.8	4.02	6.24	26.1	20.22	6.6	5.11	16.83	18.06	4.82	5.45	13.72	25.02	19.53
Total Debt/EBIT	13.84	7.33	9.44	21.73	-20.29	-26.91	19.08	20.36	-22.36	-18.33	20.17	11.76	-44.7	-12.79	-17.52
Net Debt/EBIT	12.37	7.05	8.67	20.44	-19.57	-25.99	18.44	18.85	-21.43	-17.92	19.4	11.55	-43.39	-12.61	-17.17
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	1.89	1.06	0.97	4.21	4.41	1.46	0.67	0.95
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	0.91	0.3	0.26	2.03	1.07	0.04	-0.63	-0.11
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	0.51	-0.83	-0.98	1.05	2.08	-0.46	-1.34	-1.08
Interest Expense	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -	- -	1	1	1
Common Equity/Total Assets	32.2	27.61	26.42	23.53	-45.36	-48.66	-51.53	-54.88	-50.18	-77.87	-72.98	-68.29	-76.34	-86.98	-102.11
Long-Term Debt/Equity (%)	59.79	54.9	90	88.68	115.04	217.18	228.76	120.29	298.11	11.51	519.46	388.18	446.86	- -	- -
Long-Term Debt/Capital (%)	26.86	22.65	37.4	34.49	1,185.25	1,382.98	-4,666.39	-102.12	-285.91	-3.71	-179.55	-284.11	-177.12	-96.6	-1.38
Long-Term Debt/Total Assets (%)	19.63	15.63	24.95	22.4	24.86	31.77	31.72	17.96	26.29	0.85	38.53	36.49	23.98	22.06	0.46
Total Debt/Equity (%)	121.61	141.85	141.85	160.26	214.95	341.88	359.7	242.98	455.1	731.68	679.07	577.97	1,148.09	-2,527.76	-716.82
Total Debt/Capital (%)	54.63	58.52	58.94	62.33	2,214.48	2,177.06	-7,337.51	-206.28	-436.48	-235.96	-234.72	-423.02	-455.07	-275.57	-199.49
Total Debt/Total Assets (%)	39.92	40.39	39.32	40.48	46.44	50	49.87	36.28	40.13	53.83	50.36	54.33	61.61	62.93	67.13
Net Debt to Equity	108.7	136.48	130.19	150.69	207.37	330.14	347.68	224.93	436.15	715.26	653.1	567.38	1,114.46	-2,492.75	-702.29
Net Debt/Capital (%)	49.08	56.85	56.09	60.63	4,484.25	5,656.5	-2,260.29	-178.6	-395.53	-226.94	-210.24	-385.82	-392.82	-262.81	-191.12
EBITDA	2	2	2	1	- -	1	2	1	1	1	2	2	1	- -	1
EBITDA-CapEx	1	2	1	1	- -	- -	1	1	- -	- -	1	- -	- -	- -	- -
Operating Income (Loss)	1	1	1	- -	-1	- -	1	- -	- -	-1	- -	1	- -	-1	-1

Liquidity (USD)

API ChatGPT

	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y
As of date	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015

Cash Ratio	0.01	0.01	0.05	0.04	0.02	0.03	0.03	0.02	0.01	- -	0.03	0.02	0.02	0.01	0.01
Current Ratio	0.63	0.64	0.84	0.83	0.75	0.79	0.77	0.79	0.8	0.39	0.74	0.73	0.53	0.51	0.35
Quick Ratio	0.5	0.49	0.68	0.71	0.6	0.64	0.61	0.61	0.66	0.26	0.53	0.51	0.33	0.32	0.22
CFO/Avg Current Liab	- -	0.1	0.1	- -	-0.04	0.03	0.1	0.05	0.1	0.06	0.1	0.04	0.02	0.06	0.07
Common Equity/Total Assets	32.2	27.61	26.42	23.53	-45.36	-48.66	-51.53	-54.88	-50.18	-77.87	-72.98	-68.29	-76.34	-86.98	-102.11
Long-Term Debt/Equity (%)	59.79	54.9	90	88.68	115.04	217.18	228.76	120.29	298.11	11.51	519.46	388.18	446.86	- -	- -
Long-Term Debt/Capital (%)	26.86	22.65	37.4	34.49	1,185.25	1,382.98	-4,666.39	-102.12	-285.91	-3.71	-179.55	-284.11	-177.12	-96.6	-1.38
Long-Term Debt/Total Assets (%)	19.63	15.63	24.95	22.4	24.86	31.77	31.72	17.96	26.29	0.85	38.53	36.49	23.98	22.06	0.46
Total Debt/Equity (%)	121.61	141.85	141.85	160.26	214.95	341.88	359.7	242.98	455.1	731.68	679.07	577.97	1,148.09	-2,527.76	-716.82
Total Debt/Capital (%)	54.63	58.52	58.94	62.33	2,214.48	2,177.06	-7,337.51	-206.28	-436.48	-235.96	-234.72	-423.02	-455.07	-275.57	-199.49
Total Debt/Total Assets (%)	39.92	40.39	39.32	40.48	46.44	50	49.87	36.28	40.13	53.83	50.36	54.33	61.61	62.93	67.13
CFO/Total Liabilities	2.28	7.69	6.81	0.1	-2.55	1.91	6.42	2.95	6.12	5.89	7.74	2.55	1.51	4.14	5.94
CFO/CapEx	0.52	3.33	1.59	0.03	-0.75	0.4	1.77	0.73	3.41	2.57	1.38	0.31	0.34	0.89	1.72
Altman's Z-Score	0.49	0.69	0.83	0.83	0.56	0.56	0.9	0.87	0.46	0.11	1.05	1.08	0.47	0.04	-0.45

Working Capital (USD)

API ChatGPT

	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y
As of date	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015

Accounts Receivable Turnover	- -	4.41	4.36	4.07	4.03	4.34	4.83	5.11	3.84	4.48	8.3	7.29	7.47	8.01	7.59
Days Sales Outstanding	- -	82.69	83.79	89.76	90.57	84.08	75.49	71.43	95.08	81.41	43.96	50.04	48.86	45.59	48.11
Inventory Turnover	- -	12.29	14.39	17.75	18.62	18.59	18.88	16.43	14.25	14.17	16.46	15.33	12.41	10.75	11.68
Days Inventory Outstanding	- -	29.69	25.36	20.56	19.6	19.63	19.33	22.22	25.61	25.75	22.17	23.81	29.41	33.95	31.24
Accounts Payable Turnover	- -	3.13	3.45	3.75	3.81	3.67	3.69	4.16	2.91	2.88	4.75	4.61	4.93	4.78	4.46
Accounts Payable Turnover Days	- -	116.57	105.87	97.45	95.7	99.38	98.8	87.68	125.32	126.72	76.91	79.25	74.03	76.37	81.89
Cash Conversion Cycle	- -	-4.19	3.28	12.87	14.47	4.33	-3.97	5.97	-4.64	-19.56	-10.78	-5.41	4.24	3.18	-2.54
Inventory to Cash Days	- -	53	58.43	69.19	70.96	64.45	56.16	49.21	69.47	55.66	21.79	26.23	19.45	11.64	16.86
Inventories	1	1	1	1	1	1	1	2	2	2	2	2	2	2	2
Raw Materials	1	- -	- -	- -	- -	- -	1	1	1	1	1	1	1	1	1
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y
As of date	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015

Market Capitalization	- -	4	2	3	1	3	4	2	2	2	4	4	4	1	3
- Cash & Cash Equivalents	- -	- -	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	10	9	9	10	10	12	12	8	11	10	10	11	12	12	11
Enterprise Value	10	13	11	12	12	15	15	11	13	13	13	15	16	13	14
Total Capital	17	15	16	16	- -	1	- -	-4	-2	-4	-4	-3	-3	-4	-6
Total Debt/Capital (%)	54.63	58.52	58.94	62.33	2,214.48	2,177.06	-7,337.51	-206.28	-436.48	-235.96	-234.72	-423.02	-455.07	-275.57	-199.49
Total Debt / EV	0.99	0.7	0.83	0.8	0.89	0.81	0.77	0.78	0.81	0.79	0.74	0.75	0.76	0.89	0.8
EV/Sales	0.4	0.5	0.4	0.39	0.37	0.46	0.41	0.29	0.38	0.36	0.34	0.37	0.44	0.39	0.46
EV/EBITDA	5.47	5.61	5.3	8.34	30.26	25.96	8.84	7.11	21.74	23.37	6.8	7.41	18.62	28.41	24.94
EV/EBIT	14.04	10.39	11.41	27.28	- -	- -	24.72	26.24	- -	- -	27.35	15.71	- -	- -	- -
EV/Cash Flow to Firm	26.5	10.41	9.65	672.85	- -	38.03	11.69	7.74	6.42	8.02	7.38	16.04	18.26	8.89	8.35
EV/Free Cash Flow to Firm	9.1	8.01	5.92	20.09	78.54	10.78	7.47	4.94	5.3	6.41	4.73	6.07	9.33	5.54	6.07
Diluted Market Cap	- -	4	2	3	1	3	4	2	2	2	4	4	4	1	3
Diluted Enterprise Value	10	13	11	12	12	15	15	11	13	13	13	15	16	13	14
EV per Share	0.88	1.14	0.99	1.1	1.02	1.29	1.27	0.88	1.08	1.02	1.08	1.16	1.24	1.04	1.13
TTM Sales	24	25	28	32	31	32	37	37	35	35	40	39	36	34	31
TTM EBITDA	2	2	2	1	- -	1	2	1	1	1	2	2	1	- -	1
TTM Operating Income	1	1	1	- -	-1	- -	1	- -	- -	-1	- -	1	- -	-1	-1
TTM Cash Flow to Firm	- -	1	1	- -	- -	- -	1	1	2	2	2	1	1	1	2
TTM Free Cash Flow to Firm	1	2	2	1	- -	1	2	2	2	2	3	2	2	2	2

Multiples (USD)

API ChatGPT

	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y
As of date	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015

Price/Free Cash Flow	- -	2.31	1.2	4.57	8.46	2.17	1.76	1.8	1.28	1.77	1.48	2.19	3.52	0.78	1.59
EV/EBIT	14.04	10.39	11.41	27.28	- -	- -	24.72	26.24	- -	- -	27.35	15.71	- -	- -	- -
Enterprise Value	10	13	11	12	12	15	15	11	13	13	13	15	16	13	14
Low Price	- -	0.2	0.16	0.12	0.11	0.11	0.21	0.16	0.16	0.07	0.2	0.29	0.25	0.04	0.03
EV/Sales	0.4	0.5	0.4	0.39	0.37	0.46	0.41	0.29	0.38	0.36	0.34	0.37	0.44	0.39	0.46
EV/EBITDA	5.47	5.61	5.3	8.34	30.26	25.96	8.84	7.11	21.74	23.37	6.8	7.41	18.62	28.41	24.94
Price/Earnings	- -	- -	48.05	- -	- -	- -	- -	- -	- -	- -	73.27	6.55	- -	- -	- -
Price/Earnings Average	- -	-1.87	53.45	-5.41	-1.82	-1.74	-8.14	-11.65	-2.74	-2.64	88.39	6.55	-4.15	-2.92	-2.55
Price/Earnings High	- -	-2.26	108.1	-12.25	-3.93	-3.38	-31.18	-22.4	-6.14	-5.88	101.07	6.55	-4.89	-7.62	-7.36
Price/Earnings Low	- -	-1.29	38.44	-2.88	-0.96	-0.89	-6.48	-6.52	-1.93	-0.81	50.53	6.55	-3.6	-0.33	-0.33
Price/Book Value	- -	0.6	0.36	0.49	-0.12	-0.26	-0.3	-0.19	-0.18	-0.17	-0.25	-0.26	-0.26	-0.08	-0.16
Price/Book Value Average	- -	0.53	0.4	0.44	-0.23	-0.21	-0.26	-0.28	-0.21	-0.2	-0.3	-0.26	-0.25	-0.28	-0.17
Price/Book Value High	- -	0.64	0.82	1	-0.5	-0.41	-0.99	-0.53	-0.47	-0.44	-0.35	-0.26	-0.29	-0.72	-0.49
Price/Book Value Low	- -	0.36	0.29	0.24	-0.12	-0.11	-0.21	-0.16	-0.15	-0.06	-0.17	-0.26	-0.21	-0.03	-0.02
Price/Tangible Book Value	- -	0.61	0.36	0.48	0.28	0.93	1.2	0.78	1.18	2.28	3	2.22	4.79	-1.91	-1.52
Price/Tangible Book Value Average	- -	0.54	0.41	0.43	0.52	0.77	1.05	1.11	1.35	2.61	3.62	2.22	4.51	-6.49	-1.61
Price/Tangible Book Value High	- -	0.65	0.82	0.98	1.13	1.5	4.04	2.14	3.02	5.82	4.14	2.22	5.32	-16.93	-4.64
Price/Tangible Book Value Low	- -	0.37	0.29	0.23	0.28	0.39	0.84	0.62	0.95	0.8	2.07	2.22	3.91	-0.73	-0.21
Price/Sales	- -	0.14	0.08	0.09	0.04	0.09	0.1	0.07	0.07	0.07	0.09	0.09	0.11	0.04	0.09
Price/Sales Average	- -	0.13	0.09	0.08	0.08	0.08	0.08	0.09	0.08	0.08	0.11	0.09	0.1	0.13	0.09
Price/Sales High	- -	0.15	0.18	0.18	0.16	0.15	0.33	0.18	0.18	0.18	0.12	0.09	0.12	0.34	0.27
Price/Sales Low	- -	0.09	0.06	0.04	0.04	0.04	0.07	0.05	0.06	0.02	0.06	0.09	0.09	0.01	0.01
Price/Cash Flow	- -	3.01	1.95	153.08	-2.79	7.66	2.75	4.25	1.65	2.46	2.56	7.81	13.98	1.67	2.51
Price/Cash Flow Average	- -	2.64	2.17	137.88	-5.29	6.39	2.42	6.08	1.88	2.81	3.09	7.81	13.18	5.66	2.65
Price/Cash Flow High	- -	3.19	4.39	312.29	-11.43	12.38	9.26	11.69	4.22	6.26	3.53	7.81	15.53	14.78	7.64
Price/Cash Flow Low	- -	1.82	1.56	73.48	-2.79	3.24	1.93	3.4	1.32	0.86	1.77	7.81	11.42	0.64	0.34
Price/Free Cash Flow Average	- -	2.03	1.33	4.12	16.01	1.81	1.55	2.57	1.46	2.02	1.79	2.19	3.32	2.66	1.68
Price/Free Cash Flow High	- -	2.45	2.69	9.33	34.6	3.51	5.92	4.94	3.26	4.51	2.05	2.19	3.92	6.94	4.83
Price/Free Cash Flow Low	- -	1.4	0.96	2.19	8.46	0.92	1.23	1.44	1.02	0.62	1.02	2.19	2.88	0.3	0.22
EV/Sales Average	0.4	0.48	0.4	0.38	0.41	0.44	0.4	0.31	0.39	0.37	0.35	0.37	0.43	0.48	0.46
EV/Sales High	0.4	0.51	0.5	0.49	0.5	0.52	0.64	0.4	0.49	0.47	0.37	0.37	0.45	0.69	0.64
EV/Sales Low	0.4	0.45	0.38	0.35	0.37	0.41	0.38	0.27	0.36	0.31	0.31	0.37	0.42	0.36	0.38
EV/EBITDA Average	5.47	5.41	5.42	8.15	33.17	25.09	8.59	7.81	22.29	24.04	7.18	7.41	18.35	35.25	25.22
EV/EBITDA High	5.47	5.7	6.64	10.31	40.33	29.17	13.76	9.95	27.99	30.5	7.49	7.41	19.13	50.87	34.84
EV/EBITDA Low	5.47	4.97	5.09	7.35	30.26	22.94	8.21	6.79	20.93	20.38	6.23	7.41	17.77	26.64	20.77
EV/EBIT Average	14.04	10.03	11.67	26.67	-24.87	-32.25	24.01	28.82	-28.39	-23.85	28.86	15.71	-58.04	-17.76	-22.16
EV/EBIT High	14.04	10.58	14.29	33.74	-30.25	-37.51	38.5	36.71	-35.64	-30.26	30.14	15.71	-60.47	-25.64	-30.62
EV/EBIT Low	14.04	9.21	10.95	24.05	-22.69	-29.49	22.97	25.04	-26.65	-20.22	25.07	15.71	-56.2	-13.43	-18.25
Last Price	- -	0.33	0.2	0.25	0.11	0.26	0.3	0.2	0.2	0.2	0.29	0.29	0.31	0.1	0.22
High Price	- -	0.35	0.45	0.51	0.45	0.42	1.01	0.55	0.51	0.51	0.4	0.29	0.34	0.93	0.67
Enterprise Value Average	10	12	11	12	13	14	15	12	14	13	14	15	15	16	14
Enterprise Value High	10	13	14	15	16	17	24	15	17	16	15	15	16	24	20
Enterprise Value Low	10	11	11	11	12	13	14	10	13	11	12	15	15	12	12

Shares Outstanding	12	12	12	12	12	12	12	12	12	12	13	13	13	13	13
Diluted Weighted Avg Shares	11	11	11	11	11	12	12	12	12	12	12	15	13	13	13
Basic Weighted Avg Shares	11	11	11	11	11	12	12	12	12	12	12	13	13	13	13
Revenue per Share	2.16	2.28	2.5	2.8	2.73	2.8	3.11	3.06	2.85	2.81	3.22	3.11	2.83	2.7	2.47
EBITDA per Share	0.16	0.2	0.19	0.13	0.03	0.05	0.14	0.12	0.05	0.04	0.16	0.16	0.07	0.04	0.05
Operating Income per Share	0.06	0.11	0.09	0.04	-0.05	-0.04	0.05	0.03	-0.04	-0.04	0.04	0.07	-0.02	-0.07	-0.05
Basic EPS, GAAP	-0.26	-0.15	- -	-0.04	-0.11	-0.12	-0.03	-0.02	-0.08	-0.09	- -	0.04	-0.07	-0.12	-0.09
Basic EPS from Cont Ops	-0.26	-0.15	- -	-0.04	-0.11	-0.12	-0.03	-0.02	-0.08	-0.09	- -	0.04	-0.07	-0.12	-0.09
Diluted EPS, GAAP	-0.26	-0.15	- -	-0.04	-0.11	-0.12	-0.03	-0.02	-0.08	-0.09	- -	0.04	-0.07	-0.12	-0.09
Diluted EPS from Cont Ops	-0.26	-0.15	- -	-0.04	-0.11	-0.12	-0.03	-0.02	-0.08	-0.09	- -	0.04	-0.07	-0.12	-0.09
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.03	0.11	0.1	- -	-0.04	0.03	0.11	0.05	0.12	0.08	0.11	0.04	0.02	0.06	0.09
Free Cash Flow per Basic Share	-0.03	0.08	0.04	-0.05	-0.09	-0.05	0.05	-0.02	0.09	0.05	0.03	-0.08	-0.04	-0.01	0.04
Cash & Equivalents per Share	0.01	0.01	0.05	0.05	0.02	0.03	0.03	0.02	0.01	0.01	0.03	0.02	0.03	0.01	0.01
Book Value per Share	0.7	0.55	0.55	0.51	-0.89	-1.01	-1.02	-1.03	-1.09	-1.16	-1.15	-1.1	-1.17	-1.29	-1.38
Tangible Book Value per Share	0.68	0.54	0.55	0.52	0.4	0.28	0.25	0.26	0.17	0.09	0.1	0.13	0.06	-0.05	-0.14

Mendocino Brewing Company, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)