SOVEREIGN EXPLORATION ASSOCIATES IN Financial Ratios — SVXA

Profitability (USD)

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y
As of date	06/30/1999	06/30/2000	06/30/2001	06/30/2002	06/30/2003	06/30/2004	06/30/2005	06/30/2006	06/30/2007

Return on Common Equity (%)	- -	-41.03	-75.97	-450.65	- -	- -	-43.98	- -	- -
Return on Assets (%)	- -	-34.8	-52.82	-262.95	-726.26	-1.19	-36	-58.69	-21.03
Return on Capital (%)	- -	- -	- -	- -	- -	-6.36	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	-30.15	- -	- -	- -
Gross Margin (%)	46.97	42	-14.73	- -	- -	-110.53	-32.81	- -	20.74
EBITDA Margin (%)	-13.56	-116.28	129.32	1,121.57	3,612.45	2,662.6	382.15	290.43	34.09
Operating Margin (%)	-19.51	-125.04	-115.66	-1,121.17	-3,608.87	-2,661.67	-355.9	-282.93	-34.09
Incremental Operating Margin (%)	- -	214.36	- -	103	- -	- -	83.04	- -	68.61
Pretax Margin (%)	- -	- -	-187.34	- -	- -	125.25	-381.13	-290.32	-41.78
Profit Margin (%)	16.29	-104.78	-187.34	-1,939.67	-3,438.15	-42.14	-381.13	-290.32	-41.78
Net Income to Common Margin (%)	16.29	-104.78	-187.34	-1,939.67	-3,438.15	-42.14	-381.13	-290.32	-41.78
Effective Tax Rate (%)	- -	- -	- -	- -	- -	133.64	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	-41.03	-75.97	-450.65	- -	- -	-43.98	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y
As of date	06/30/1999	06/30/2000	06/30/2001	06/30/2002	06/30/2003	06/30/2004	06/30/2005	06/30/2006	06/30/2007

Total Debt	- -	- -	- -	- -	- -	- -	- -	2	- -
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	2	- -
Total Debt/EBITDA	- -	-0.18	0.29	- -	0.09	0.26	0.46	1.07	0.16
Net Debt/EBITDA	0.03	-0.17	0.29	- -	0.07	-0.11	0.44	1.07	-0.7
Total Debt/EBIT	- -	-0.17	0.32	- -	0.09	0.26	0.47	1.07	0.16
Net Debt/EBIT	0.02	-0.16	0.32	- -	0.07	-0.11	0.44	1.07	-0.7
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	94.34	73.53	62	5.03	-97.87	82.92	80.81	-20.47	-30.31
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	0.53	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	0.47	- -	130.2	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	0.44	- -	66.08	- -
Total Debt/Equity (%)	- -	10.35	24.58	- -	-64.19	12.81	20.55	-347.89	-6.51
Total Debt/Capital (%)	- -	9.38	19.73	- -	-179.29	11.35	17.05	140.34	-6.96
Total Debt/Total Assets (%)	- -	7.61	15.24	- -	62.83	10.62	16.6	71.22	1.97
Net Debt to Equity	-0.18	9.9	24.35	3.04	-47.9	-5.39	19.27	-347.77	29.09
Net Debt/Capital (%)	-0.18	9.01	19.58	2.95	-91.94	-5.67	16.16	140.36	22.53
EBITDA	- -	-2	2	2	2	1	1	2	1
EBITDA-CapEx	-1	-2	2	2	2	1	1	2	1
Operating Income (Loss)	-1	-2	-1	-2	-2	-1	-1	-2	-1

Liquidity (USD)

Liquidity Ratios API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y
As of date	06/30/1999	06/30/2000	06/30/2001	06/30/2002	06/30/2003	06/30/2004	06/30/2005	06/30/2006	06/30/2007

Cash Ratio	3.37	0.35	0.06	- -	0.08	5.65	3.13	- -	0.08
Current Ratio	8.98	1.78	0.52	0.99	0.42	6.02	3.14	0.11	0.13
Quick Ratio	6.54	1.15	0.18	0.99	0.42	5.91	3.14	0.11	0.13
CFO/Avg Current Liab	- -	-0.59	-0.06	-0.43	-0.72	-0.06	-2.54	-4.18	-0.62
Common Equity/Total Assets	94.34	73.53	62	5.03	-97.87	82.92	80.81	-20.47	-30.31
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	0.53	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	0.47	- -	130.2	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	0.44	- -	66.08	- -
Total Debt/Equity (%)	- -	10.35	24.58	- -	-64.19	12.81	20.55	-347.89	-6.51
Total Debt/Capital (%)	- -	9.38	19.73	- -	-179.29	11.35	17.05	140.34	-6.96
Total Debt/Total Assets (%)	- -	7.61	15.24	- -	62.83	10.62	16.6	71.22	1.97
CFO/Total Liabilities	-74.6	-36.74	-6.73	-148.56	-50.1	-5.54	-215.21	-136.71	-37
CFO/CapEx	-1.31	-114.06	-4.62	-33.92	- -	-3.34	-125.22	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	884,408.3	312.45	-9.87	-31.11

Working Capital (USD)

Working Capital Ratios API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y
As of date	06/30/1999	06/30/2000	06/30/2001	06/30/2002	06/30/2003	06/30/2004	06/30/2005	06/30/2006	06/30/2007

Accounts Receivable Turnover	- -	- -	- -	2.13	0.48	- -	- -	7.84	8.12
Days Sales Outstanding	- -	- -	- -	171.12	763.52	- -	- -	46.57	44.98
Inventory Turnover	- -	1.32	2.18	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	276.49	167.5	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	5.71	3.42	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	63.87	106.86	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	1	1	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	1	1	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y
As of date	06/30/1999	06/30/2000	06/30/2001	06/30/2002	06/30/2003	06/30/2004	06/30/2005	06/30/2006	06/30/2007

Market Capitalization	- -	- -	- -	- -	- -	741,921	309	20	25
- Cash & Cash Equivalents	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	2	- -
Enterprise Value	- -	- -	- -	- -	- -	741,919	308	22	25
Total Capital	6	4	2	- -	- -	3	3	1	-1
Total Debt/Capital (%)	- -	9.38	19.73	- -	-179.29	11.35	17.05	140.34	-6.96
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	0.08	- -
EV/Sales	- -	- -	- -	- -	- -	16,487,087.49	1,093.97	39.9	13.25
EV/EBITDA	- -	- -	- -	- -	- -	619,210.59	286.27	13.74	38.87
EV/EBIT	- -	- -	- -	- -	- -	619,426.69	287.03	13.74	38.87
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	741,921	- -	7	21
Diluted Enterprise Value	- -	- -	- -	- -	- -	741,919	-1	9	20
EV per Share	- -	- -	- -	- -	- -	20,399.95	8.46	0.6	0.68
TTM Sales	3	2	1	- -	- -	- -	- -	1	2
TTM EBITDA	- -	-2	2	2	2	1	1	2	1
TTM Operating Income	-1	-2	-1	-2	-2	-1	-1	-2	-1
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y
As of date	06/30/1999	06/30/2000	06/30/2001	06/30/2002	06/30/2003	06/30/2004	06/30/2005	06/30/2006	06/30/2007

Price/Free Cash Flow	- -	- -	- -	- -	- -	-20,455,497.34	-0.03	-1.92	-8.58
EV/EBIT	- -	- -	- -	- -	- -	619,426.69	287.03	13.74	38.87
Enterprise Value	- -	- -	- -	- -	- -	741,919	308	22	25
Low Price	- -	- -	- -	- -	- -	14,800	7	0.2	0.25
EV/Sales	- -	- -	- -	- -	- -	16,487,087.49	1,093.97	39.9	13.25
EV/EBITDA	- -	- -	- -	- -	- -	619,210.59	286.27	13.74	38.87
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	303,575.12	127.07	-41.29	-16.47
Price/Book Value Average	- -	- -	- -	- -	- -	632,562.63	32,780.51	-102.79	-12.4
Price/Book Value High	- -	- -	- -	- -	- -	5,952,453.27	1,614,544.27	-1,201.06	-21.25
Price/Book Value Low	- -	- -	- -	- -	- -	220,240.77	104.65	-15.01	-5.97
Price/Tangible Book Value	- -	- -	- -	- -	- -	379,509.85	159.04	-41.29	-4.56
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	790,788.63	41,027.2	-102.79	-3.43
Price/Tangible Book Value High	- -	- -	- -	- -	- -	7,441,369.65	2,020,719.76	-1,201.06	-5.88
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	275,330.68	130.97	-15.01	-1.65
Price/Sales	- -	- -	- -	- -	- -	16,487,130.85	0.12	13.79	10.23
Price/Sales Average	- -	- -	- -	- -	- -	34,354,406.14	29.77	34.33	7.7
Price/Sales High	- -	- -	- -	- -	- -	323,277,075.56	1,466.19	401.15	13.19
Price/Sales Low	- -	- -	- -	- -	- -	11,961,251.8	0.1	5.01	3.71
Price/Cash Flow	- -	- -	- -	- -	- -	-26,585,476.35	-0.03	-1.92	-7.85
Price/Cash Flow Average	- -	- -	- -	- -	- -	-55,396,433.74	-6.74	-4.79	-5.91
Price/Cash Flow High	- -	- -	- -	- -	- -	-521,283,849.93	-331.73	-55.94	-10.13
Price/Cash Flow Low	- -	- -	- -	- -	- -	-19,287,502.45	-0.02	-0.7	-2.85
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	-42,623,332.69	-6.68	-4.79	-6.46
Price/Free Cash Flow High	- -	- -	- -	- -	- -	-401,088,183.07	-329.1	-55.94	-11.07
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	-14,840,262.77	-0.02	-0.7	-3.11
EV/Sales Average	- -	- -	- -	- -	- -	34,354,362.78	283,407.91	94.73	9.92
EV/Sales High	- -	- -	- -	- -	- -	323,277,032.19	13,958,963.97	1,073.77	17.16
EV/Sales Low	- -	- -	- -	- -	- -	11,961,208.43	900.1	16.48	4.65
EV/EBITDA Average	- -	- -	- -	- -	- -	1,290,257.32	74,160.89	32.62	29.09
EV/EBITDA High	- -	- -	- -	- -	- -	12,141,414.48	3,652,718.01	369.71	50.34
EV/EBITDA Low	- -	- -	- -	- -	- -	449,230.77	235.53	5.68	13.64
EV/EBIT Average	- -	- -	- -	- -	- -	1,290,707.61	74,359.14	32.63	29.09
EV/EBIT High	- -	- -	- -	- -	- -	12,145,651.68	3,662,482.92	369.86	50.34
EV/EBIT Low	- -	- -	- -	- -	- -	449,387.54	236.16	5.68	13.64
Last Price	- -	- -	- -	- -	- -	20,400	8.5	0.55	0.69
High Price	- -	- -	- -	- -	- -	400,000	108,000	16	0.89
Enterprise Value Average	- -	- -	- -	- -	- -	1,545,946	79,746	51	18
Enterprise Value High	- -	- -	- -	- -	- -	14,547,466	3,927,815	584	32
Enterprise Value Low	- -	- -	- -	- -	- -	538,254	253	9	9

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y
As of date	06/30/1999	06/30/2000	06/30/2001	06/30/2002	06/30/2003	06/30/2004	06/30/2005	06/30/2006	06/30/2007

Shares Outstanding	36	36	36	36	36	36	36	36	36
Diluted Weighted Avg Shares	36	36	36	36	36	36	- -	14	30
Basic Weighted Avg Shares	36	36	36	36	36	36	- -	14	28
Revenue per Share	0.08	0.05	0.03	0.01	- -	- -	73.66	0.04	0.07
EBITDA per Share	-0.01	-0.06	0.04	0.06	0.05	0.03	281.5	0.12	0.02
Operating Income per Share	-0.02	-0.07	-0.04	-0.06	-0.05	-0.03	-262.16	-0.11	-0.02
Basic EPS, GAAP	0.01	-0.06	-0.06	-0.11	-0.04	- -	-280.75	-0.12	-0.03
Basic EPS from Cont Ops	0.01	-0.06	-0.06	-0.07	-0.04	- -	-280.75	-0.12	-0.03
Diluted EPS, GAAP	0.01	-0.06	-0.06	-0.11	-0.04	- -	-280.75	-0.12	-0.03
Diluted EPS from Cont Ops	0.01	-0.06	-0.06	-0.07	-0.04	- -	-280.75	-0.12	-0.03
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.01	-0.01	- -	-0.01	-0.01	- -	-325.57	-0.29	-0.09
Free Cash Flow per Basic Share	-0.01	-0.01	- -	-0.01	-0.01	- -	-328.17	-0.29	-0.09
Cash & Equivalents per Share	0.03	0.01	- -	- -	- -	0.06	0.05	- -	0.01
Book Value per Share	0.17	0.11	0.05	- -	-0.01	0.07	0.07	-0.01	-0.04
Tangible Book Value per Share	0.16	0.1	0.04	- -	-0.01	0.05	0.05	-0.01	-0.15