Miravant Medical Technologies Inc. Financial Ratios — MRVT

Profitability (USD)

	1994 Y	1995 Y	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y
As of date	12/31/1994	12/31/1995	12/31/1996	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	-223.77	- -	- -	- -	- -
Return on Assets (%)	- -	-158.11	-45.22	-39.5	-48.11	-74.64	-81.42	-74.23	-160.13	-241.82	-320.68
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	-1,500	-460	19.44	-14.14	50	71.59	45.48	80.06	4.01	- -	- -
EBITDA Margin (%)	-7,700	-1,800	-433.33	-1,278.4	-230.39	-126.93	-416.29	-296.6	-2,716.03	- -	- -
Operating Margin (%)	-9,300	-2,380	-513.89	-1,392.54	-280.39	-155.35	-470.8	-334.12	-3,057.11	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	-605.01	- -
Pretax Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-9,500	-2,340	-447.22	-1,325.72	-275.49	-152.68	-565.93	-350.25	-3,198.4	- -	- -
Net Income to Common Margin (%)	-9,500	-2,340	-447.22	-1,325.72	-275.49	-152.68	-565.93	-350.25	-3,198.4	- -	- -
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	-223.77	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	1994 Y	1995 Y	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y
As of date	12/31/1994	12/31/1995	12/31/1996	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004

Total Debt	2	- -	- -	- -	- -	15	25	27	12	7	8
ST Debt	1	- -	- -	- -	- -	- -	- -	- -	5	- -	- -
LT Debt	1	- -	- -	- -	- -	15	25	27	7	7	8
Total Debt/EBITDA	-0.22	-0.03	-0.01	- -	- -	-0.83	-1.3	-1.91	-0.87	-0.65	-0.6
Net Debt/EBITDA	-0.03	0.96	2.01	1.91	0.48	0.2	-1.2	-1.81	-0.82	-0.56	-0.36
Total Debt/EBIT	-0.18	-0.03	-0.01	- -	- -	-0.68	-1.15	-1.7	-0.77	-0.61	-0.58
Net Debt/EBIT	-0.02	0.72	1.7	1.76	0.4	0.17	-1.06	-1.6	-0.73	-0.52	-0.35
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-651.43	-305.31	-84.47	-86.99	-457.37	60.18	5.98	-74.69	-246.06	-266.44	-58.36
Long-Term Debt/Equity (%)	350	2.44	- -	- -	- -	98.6	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-3.32	-0.58	- -	- -	- -	41.64	93.67	183.41	260.03	720.93	123.61
Long-Term Debt/Total Assets (%)	20	1.77	- -	- -	- -	42.93	88.46	164.23	174	309.36	101.65
Total Debt/Equity (%)	850	3.66	0.18	- -	- -	98.6	-15,118.29	-192.4	-116.68	-105.88	-385.12
Total Debt/Capital (%)	-8.06	-0.88	-0.2	- -	- -	41.64	93.67	183.41	467.72	720.93	123.61
Total Debt/Total Assets (%)	48.57	2.65	0.17	- -	- -	42.93	88.46	164.23	312.97	309.36	101.65
Net Debt to Equity	100	-104.88	-55.38	-63.51	-57.36	-24.29	-13,938.41	-181.84	-109.53	-91.22	-228.1
Net Debt/Capital (%)	-0.88	19.95	38.29	40.78	9.4	-21.32	93.17	192.75	615.51	320,500	147.6
EBITDA	-8	-9	-16	-29	-24	-19	-19	-14	-14	-11	-13
EBITDA-CapEx	-8	-9	-20	-33	-26	-19	-19	-14	-14	-12	-13
Operating Income (Loss)	-9	-12	-18	-32	-29	-23	-22	-16	-15	-12	-13

Liquidity (USD)

API ChatGPT

	1994 Y	1995 Y	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y
As of date	12/31/1994	12/31/1995	12/31/1996	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004

Cash Ratio	0.58	3.07	10.16	10.51	2.76	4.83	6.31	1.84	0.1	0.52	3.28
Current Ratio	0.58	3.21	17.65	16.25	3.73	6.28	6.88	3.56	0.18	0.67	3.45
Quick Ratio	0.58	3.07	10.87	10.85	3.54	6.04	6.59	3.36	0.1	0.52	3.28
CFO/Avg Current Liab	- -	-2.84	-5.03	-6.05	-4.62	-4.16	-3.33	-4.6	-1.62	-2.35	-5.99
Common Equity/Total Assets	-651.43	-305.31	-84.47	-86.99	-457.37	60.18	5.98	-74.69	-246.06	-266.44	-58.36
Long-Term Debt/Equity (%)	350	2.44	- -	- -	- -	98.6	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-3.32	-0.58	- -	- -	- -	41.64	93.67	183.41	260.03	720.93	123.61
Long-Term Debt/Total Assets (%)	20	1.77	- -	- -	- -	42.93	88.46	164.23	174	309.36	101.65
Total Debt/Equity (%)	850	3.66	0.18	- -	- -	98.6	-15,118.29	-192.4	-116.68	-105.88	-385.12
Total Debt/Capital (%)	-8.06	-0.88	-0.2	- -	- -	41.64	93.67	183.41	467.72	720.93	123.61
Total Debt/Total Assets (%)	48.57	2.65	0.17	- -	- -	42.93	88.46	164.23	312.97	309.36	101.65
CFO/Total Liabilities	-236.36	-251.61	-471.88	-479.25	-527.98	-90.77	-47.44	-50.89	-61.75	-114.8	-121.46
CFO/CapEx	-26	-78	-3.87	-6.51	-8.04	-33.32	-50.85	-53.13	- -	-35.39	- -
Altman's Z-Score	-18.24	88.6	60.77	56.67	17.31	-1.2	-6.07	-14.83	-114.68	-184.66	-48.67

Working Capital (USD)

API ChatGPT

	1994 Y	1995 Y	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y
As of date	12/31/1994	12/31/1995	12/31/1996	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	1.86	0.2	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	196.02	1,839.63	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	4.73	2.43	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	77.18	150.5	- -	- -
Accounts Payable Turnover	- -	1.47	1.12	0.74	1.31	1.09	0.74	0.51	0.04	- -	- -
Accounts Payable Turnover Days	- -	247.68	327.24	491.35	279.12	333.54	490.87	714.07	8,464.52	- -	- -
Cash Conversion Cycle	- -	-247.68	-327.24	-491.35	-279.12	-333.54	-490.87	-440.87	-6,474.4	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	118.84	1,689.13	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	1994 Y	1995 Y	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y
As of date	12/31/1994	12/31/1995	12/31/1996	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004

Market Capitalization	- -	494	330	512	186	165	170	179	19	32	33
- Cash & Cash Equivalents	2	9	32	56	11	19	2	1	1	1	3
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	2	- -	- -	- -	- -	15	25	27	12	7	8
Enterprise Value	- -	485	299	456	175	158	174	200	30	38	38
Total Capital	-21	-34	-50	-81	-109	37	26	14	3	1	6
Total Debt/Capital (%)	-8.06	-0.88	-0.2	- -	- -	41.64	93.67	183.41	467.72	720.93	123.61
Total Debt / EV	8.5	- -	- -	- -	- -	0.1	0.14	0.13	0.4	0.2	0.2
EV/Sales	2	970.91	82.95	200.25	17.15	10.84	37.83	42.63	59.72	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	494	330	512	186	165	170	179	19	32	33
Diluted Enterprise Value	- -	485	299	456	175	162	193	204	30	38	41
EV per Share	0.02	49.38	25.34	35.65	12.09	8.9	9.5	10.71	1.45	1.54	1.15
TTM Sales	- -	- -	4	2	10	15	5	5	- -	- -	- -
TTM EBITDA	-8	-9	-16	-29	-24	-19	-19	-14	-14	-11	-13
TTM Operating Income	-9	-12	-18	-32	-29	-23	-22	-16	-15	-12	-13
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

API ChatGPT

	1994 Y	1995 Y	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y
As of date	12/31/1994	12/31/1995	12/31/1996	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004

Price/Free Cash Flow	- -	-64.16	-29.47	-23.81	-9.8	-9.29	-12.95	-11.98	-2.19	-3.01	-2.89
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	485	299	456	175	158	174	200	30	38	38
Low Price	- -	10.67	22.38	22.75	4.69	6.31	9	5	0.19	0.6	0.86
EV/Sales	2	970.91	82.95	200.25	17.15	10.84	37.83	42.63	59.72	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	-27.63	-29.72	-15.77	-11.23	-7.7	-12.95	-9.84	-1.37	-3.65	-4.44
Price/Earnings High	- -	-62.39	-45.39	-30.51	-20.91	-12.97	-21.11	-14.5	-12.77	-5.46	-8.94
Price/Earnings Low	- -	-8.97	-16.38	-9.64	-2.41	-5.04	-6.33	-5.68	-0.25	-1.99	-1.78
Price/Book Value	- -	-14.32	-6.52	-6.33	-1.71	7.68	101.37	-14.84	-2.02	-4.93	-7.6
Price/Book Value Average	- -	-9.37	-9.46	-5.89	-2.9	7.95	201.01	-13.37	-2.36	-4.25	-16.1
Price/Book Value High	- -	-21.16	-14.44	-11.39	-5.4	13.39	327.66	-19.69	-21.97	-6.36	-32.44
Price/Book Value Low	- -	-3.04	-5.21	-3.6	-0.62	5.2	98.3	-7.72	-0.42	-2.31	-6.47
Price/Tangible Book Value	- -	60.25	5.82	5.86	10.07	11.2	-170.64	-12.13	-1.69	-4.09	-5.74
Price/Tangible Book Value Average	- -	39.43	8.44	5.45	17.05	11.6	-338.38	-10.92	-1.98	-3.52	-12.16
Price/Tangible Book Value High	- -	89.03	12.89	10.54	31.76	19.55	-551.59	-16.09	-18.38	-5.27	-24.5
Price/Tangible Book Value Low	- -	12.79	4.65	3.33	3.67	7.59	-165.48	-6.31	-0.35	-1.92	-4.89
Price/Sales	- -	988.11	91.67	224.7	18.26	11.35	36.97	38.27	37.53	- -	- -
Price/Sales Average	- -	646.63	132.91	209.02	30.92	11.76	73.3	34.46	43.95	- -	- -
Price/Sales High	- -	1,460.04	202.99	404.46	57.61	19.81	119.49	50.77	408.32	- -	- -
Price/Sales Low	- -	209.81	73.26	127.8	6.65	7.7	35.85	19.91	7.84	- -	- -
Price/Cash Flow	- -	-63.34	-21.86	-20.15	-8.58	-9.01	-12.7	-11.75	-2.19	-2.92	-2.89
Price/Cash Flow Average	- -	-41.45	-31.69	-18.75	-14.54	-9.33	-25.18	-10.58	-2.56	-2.52	-6.12
Price/Cash Flow High	- -	-93.59	-48.39	-36.27	-27.08	-15.73	-41.04	-15.59	-23.78	-3.76	-12.33
Price/Cash Flow Low	- -	-13.45	-17.46	-11.46	-3.12	-6.11	-12.31	-6.11	-0.46	-1.37	-2.46
Price/Free Cash Flow Average	- -	-41.99	-42.72	-22.15	-16.6	-9.62	-25.68	-10.79	-2.56	-2.59	-6.12
Price/Free Cash Flow High	- -	-94.81	-65.25	-42.85	-30.93	-16.21	-41.86	-15.89	-23.78	-3.87	-12.33
Price/Free Cash Flow Low	- -	-13.62	-23.55	-13.54	-3.57	-6.3	-12.56	-6.23	-0.46	-1.41	-2.46
EV/Sales Average	2	629.43	124.19	184.57	29.82	11.5	78.28	39.82	66.14	- -	- -
EV/Sales High	2	1,442.84	194.27	380.01	56.5	19.55	124.47	56.13	430.52	- -	- -
EV/Sales Low	2	192.61	64.53	103.35	5.54	7.44	40.83	25.27	30.03	- -	- -
EV/EBITDA Average	-0.03	-34.97	-28.66	-14.44	-12.94	-9.06	-18.8	-13.43	-2.44	-2.96	-6.14
EV/EBITDA High	-0.03	-80.16	-44.83	-29.73	-24.52	-15.4	-29.9	-18.92	-15.85	-4.14	-11.77
EV/EBITDA Low	-0.03	-10.7	-14.89	-8.08	-2.4	-5.86	-9.81	-8.52	-1.11	-1.86	-2.82
EV/EBIT Average	-0.02	-26.45	-24.17	-13.25	-10.63	-7.4	-16.63	-11.92	-2.16	-2.75	-5.98
EV/EBIT High	-0.02	-60.62	-37.8	-27.29	-20.15	-12.58	-26.44	-16.8	-14.08	-3.86	-11.46
EV/EBIT Low	-0.02	-8.09	-12.56	-7.42	-1.98	-4.79	-8.67	-7.56	-0.98	-1.74	-2.74
Last Price	- -	50.25	28	40	12.88	9.31	9.28	9.61	0.91	1.28	1.01
High Price	- -	74.25	62	72	40.62	16.25	30	12.75	9.9	1.65	4.31
Enterprise Value Average	- -	315	447	420	304	168	360	186	33	34	78
Enterprise Value High	- -	721	699	866	576	285	572	263	215	47	150
Enterprise Value Low	- -	96	232	235	57	108	188	118	15	21	36

Shares Outstanding	9	10	12	14	18	18	18	19	24	26	36
Diluted Weighted Avg Shares	9	10	12	13	14	18	18	19	21	25	33
Basic Weighted Avg Shares	9	10	12	13	14	18	18	19	21	25	33
Revenue per Share	0.01	0.05	0.31	0.18	0.71	0.82	0.25	0.25	0.02	- -	- -
EBITDA per Share	-0.84	-0.92	-1.32	-2.28	-1.62	-1.04	-1.05	-0.74	-0.66	-0.46	-0.39
Operating Income per Share	-1.02	-1.21	-1.57	-2.48	-1.98	-1.27	-1.18	-0.84	-0.74	-0.5	-0.4
Basic EPS, GAAP	-1.04	-1.19	-1.37	-2.36	-1.94	-1.25	-1.42	-0.88	-0.78	-0.3	-0.48
Basic EPS from Cont Ops	-1.04	-1.19	-1.37	-2.36	-1.94	-1.25	-1.42	-0.88	-0.78	-0.3	-0.48
Diluted EPS, GAAP	-1.04	-1.19	-1.37	-2.36	-1.94	-1.25	-1.42	-0.88	-0.78	-0.3	-0.48
Diluted EPS from Cont Ops	-1.04	-1.19	-1.37	-2.36	-1.94	-1.25	-1.42	-0.88	-0.78	-0.3	-0.48
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.85	-0.79	-1.28	-1.98	-1.5	-1.03	-0.73	-0.82	-0.42	-0.44	-0.35
Free Cash Flow per Basic Share	-0.89	-0.8	-1.61	-2.29	-1.69	-1.06	-0.75	-0.83	-0.42	-0.45	-0.35
Cash & Equivalents per Share	0.16	0.91	2.67	4.35	0.78	1.28	1.14	0.33	0.04	0.04	0.18
Book Value per Share	-2.5	-3.51	-4.29	-6.32	-7.53	1.21	0.09	-0.65	-0.45	-0.26	-0.13
Tangible Book Value per Share	0.02	0.83	4.81	6.83	1.28	0.83	-0.05	-0.79	-0.54	-0.31	-0.18

Miravant Medical Technologies Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)