WESTAMERICA CORP Financial Ratios — WACC Stock

Profitability (USD)

	1990 Y	1991 Y	1992 Y	1993 Y	1994 Y	1995 Y	1996 Y	1997 Y
As of date	03/31/1990	03/31/1991	03/31/1992	03/31/1993	03/31/1994	03/31/1995	03/31/1996	03/31/1997

Return on Common Equity (%)	- -	-36.36	-20.41	-57.14	-41.18	-21.05	9.09	-3.64
Return on Assets (%)	- -	-25.26	-13.7	-37.04	-26.92	-13.11	5.26	2.25
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	28.57	50	50	33.33	10	3.7	16.67	60
EBITDA Margin (%)	-21.43	-22.73	-11.11	-16.67	-20	-7.41	10.42	33.33
Operating Margin (%)	-64.29	-50	-33.33	-75	-40	-14.81	6.25	13.33
Incremental Operating Margin (%)	- -	- -	- -	50	- -	- -	33.33	3.03
Pretax Margin (%)	-64.29	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-57.14	-54.55	-27.78	-83.33	-70	-14.81	4.17	6.67
Net Income to Common Margin (%)	-57.14	-54.55	-27.78	-83.33	-70	-14.81	4.17	-6.67
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	-33.33	33.33	- -
Sustainable Growth Rate (%)	- -	-36.36	-20.41	-57.14	-41.18	-28.07	6.06	-3.64

Credit (USD)

Credit Ratios API ChatGPT

	1990 Y	1991 Y	1992 Y	1993 Y	1994 Y	1995 Y	1996 Y	1997 Y
As of date	03/31/1990	03/31/1991	03/31/1992	03/31/1993	03/31/1994	03/31/1995	03/31/1996	03/31/1997

Total Debt	1	1	1	1	- -	1	1	1
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	1	1	1	1	- -	1	- -	1
Total Debt/EBITDA	-3	-1.8	-3	-3	-2	-2.5	1.2	1.4
Net Debt/EBITDA	-0.33	-1.4	-1	-2.5	2	0.5	-0.8	0.8
Total Debt/EBIT	-0.9	-0.82	-1	-0.67	-1	-1.25	2	3.5
Net Debt/EBIT	-0.1	-0.64	-0.33	-0.56	1	0.25	-1.33	2
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	72.22	65.85	68.75	59.09	70	54.84	60	63.64
Long-Term Debt/Equity (%)	12.82	18.52	22.73	38.46	19.05	29.41	7.41	21.43
Long-Term Debt/Capital (%)	10.42	13.89	17.86	26.32	16	22.73	6.06	17.14
Long-Term Debt/Total Assets (%)	9.26	12.2	15.63	22.73	13.33	16.13	4.44	13.64
Total Debt/Equity (%)	23.08	33.33	27.27	46.15	19.05	29.41	22.22	25
Total Debt/Capital (%)	18.75	25	21.43	31.58	16	22.73	18.18	20
Total Debt/Total Assets (%)	16.67	21.95	18.75	27.27	13.33	16.13	13.33	15.91
Net Debt to Equity	2.56	25.93	9.09	38.46	-19.05	-5.88	-14.81	14.29
Net Debt/Capital (%)	2.5	20.59	8.33	27.78	-23.53	-6.25	-17.39	12.5
EBITDA	- -	- -	- -	- -	- -	- -	1	1
EBITDA-CapEx	- -	- -	- -	- -	- -	-1	- -	- -
Operating Income (Loss)	-1	-1	-1	-1	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	1990 Y	1991 Y	1992 Y	1993 Y	1994 Y	1995 Y	1996 Y	1997 Y
As of date	03/31/1990	03/31/1991	03/31/1992	03/31/1993	03/31/1994	03/31/1995	03/31/1996	03/31/1997

Cash Ratio	0.8	0.22	0.8	0.33	2.67	0.75	0.67	0.33
Current Ratio	1.9	1.11	2.2	2.33	4	1.5	1.27	1.22
Quick Ratio	1.4	0.56	1.4	0.67	3.33	1.25	1.07	1
CFO/Avg Current Liab	- -	- -	-0.43	-0.75	- -	- -	0.43	0.33
Common Equity/Total Assets	72.22	65.85	68.75	59.09	70	54.84	60	63.64
Long-Term Debt/Equity (%)	12.82	18.52	22.73	38.46	19.05	29.41	7.41	21.43
Long-Term Debt/Capital (%)	10.42	13.89	17.86	26.32	16	22.73	6.06	17.14
Long-Term Debt/Total Assets (%)	9.26	12.2	15.63	22.73	13.33	16.13	4.44	13.64
Total Debt/Equity (%)	23.08	33.33	27.27	46.15	19.05	29.41	22.22	25
Total Debt/Capital (%)	18.75	25	21.43	31.58	16	22.73	18.18	20
Total Debt/Total Assets (%)	16.67	21.95	18.75	27.27	13.33	16.13	13.33	15.91
CFO/Total Liabilities	- -	- -	-30	-33.33	- -	- -	27.78	25
CFO/CapEx	- -	- -	-1.5	-3	- -	- -	0.56	0.44
Altman's Z-Score	- -	-0.07	0.71	-0.07	0.82	0.85	2.02	4.66

Working Capital (USD)

Working Capital Ratios API ChatGPT

	1990 Y	1991 Y	1992 Y	1993 Y	1994 Y	1995 Y	1996 Y	1997 Y
As of date	03/31/1990	03/31/1991	03/31/1992	03/31/1993	03/31/1994	03/31/1995	03/31/1996	03/31/1997

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	2.2	2	2	3.6	17.33	20	2.4
Days Inventory Outstanding	- -	165.91	182.5	182.5	101.39	21.06	18.25	152.08
Accounts Payable Turnover	- -	- -	- -	3.2	3	13.5	13.33	1.75
Accounts Payable Turnover Days	- -	- -	- -	114.06	121.67	27.04	27.38	208.57
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

	1990 Y	1991 Y	1992 Y	1993 Y	1994 Y	1995 Y	1996 Y	1997 Y
As of date	03/31/1990	03/31/1991	03/31/1992	03/31/1993	03/31/1994	03/31/1995	03/31/1996	03/31/1997

Market Capitalization	2	2	2	3	4	5	5	14
- Cash & Cash Equivalents	1	- -	- -	- -	1	1	1	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1	1	1	1	- -	1	1	1
Enterprise Value	2	2	2	4	3	5	5	14
Total Capital	5	4	3	2	3	2	3	4
Total Debt/Capital (%)	18.75	25	21.43	31.58	16	22.73	18.18	20
Total Debt / EV	0.54	0.4	0.25	0.15	0.12	0.1	0.12	0.05
EV/Sales	1.19	1.01	1.34	3.29	3.22	1.85	1.01	9.63
EV/EBITDA	- -	- -	- -	- -	- -	- -	9.72	28.88
EV/EBIT	- -	- -	- -	- -	- -	- -	16.2	72.2
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	2	2	2	3	3	5	6	15
Diluted Enterprise Value	2	2	2	4	3	5	5	15
EV per Share	2.19	3.01	3.27	5.15	3.34	5.15	4.85	4.63
TTM Sales	1	2	2	1	1	3	5	2
TTM EBITDA	- -	- -	- -	- -	- -	- -	1	1
TTM Operating Income	-1	-1	-1	-1	- -	- -	- -	- -
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	1990 Y	1991 Y	1992 Y	1993 Y	1994 Y	1995 Y	1996 Y	1997 Y
As of date	03/31/1990	03/31/1991	03/31/1992	03/31/1993	03/31/1994	03/31/1995	03/31/1996	03/31/1997

Price/Free Cash Flow	- -	- -	-4.17	-8.72	- -	- -	-14.58	-30
EV/EBIT	- -	- -	- -	- -	- -	- -	16.2	72.2
Enterprise Value	2	2	2	4	3	5	5	14
Low Price	1.88	1.88	1.69	3	3	3.38	3	2.63
EV/Sales	1.19	1.01	1.34	3.29	3.22	1.85	1.01	9.63
EV/EBITDA	- -	- -	- -	- -	- -	- -	9.72	28.88
Price/Earnings	- -	- -	- -	- -	- -	- -	29.17	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	25.87	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	33.33	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	16.67	- -
Price/Book Value	0.4	0.57	1	2.65	1.72	3	1.95	5.01
Price/Book Value Average	0.57	0.63	0.68	2.01	1.81	3.58	1.73	4.44
Price/Book Value High	1.09	0.72	1	3.09	2.41	5.57	2.23	7.52
Price/Book Value Low	0.36	0.52	0.56	1.77	1.38	1.93	1.11	2.93
Price/Tangible Book Value	0.4	0.57	1	2.65	2.13	3.93	2.29	5.01
Price/Tangible Book Value Average	0.57	0.63	0.68	2.01	2.24	4.69	2.03	4.44
Price/Tangible Book Value High	1.09	0.72	1	3.09	2.98	7.29	2.61	7.52
Price/Tangible Book Value Low	0.36	0.52	0.56	1.77	1.7	2.52	1.31	2.93
Price/Sales	1.12	0.68	1.16	2.91	3.24	1.85	1.22	10
Price/Sales Average	1.59	0.76	0.78	2.21	3.41	2.21	1.08	8.85
Price/Sales High	3.06	0.87	1.16	3.39	4.54	3.44	1.39	15
Price/Sales Low	1.02	0.62	0.65	1.94	2.59	1.19	0.69	5.83
Price/Cash Flow	- -	- -	-6.94	-11.63	- -	- -	11.67	37.5
Price/Cash Flow Average	- -	- -	-4.71	-8.83	- -	- -	10.35	33.18
Price/Cash Flow High	- -	- -	-6.94	-13.57	- -	- -	13.33	56.25
Price/Cash Flow Low	- -	- -	-3.91	-7.75	- -	- -	6.67	21.87
Price/Free Cash Flow Average	- -	- -	-2.82	-6.62	- -	- -	-12.94	-26.54
Price/Free Cash Flow High	- -	- -	-4.17	-10.17	- -	- -	-16.67	-45
Price/Free Cash Flow Low	- -	- -	-2.34	-5.81	- -	- -	-8.33	-17.5
EV/Sales Average	1.65	1.09	0.94	2.59	3.41	2.22	0.89	8.55
EV/Sales High	3.11	1.2	1.34	3.76	4.67	3.47	1.17	14.31
EV/Sales Low	1.08	0.95	0.8	2.33	2.5	1.18	0.54	5.73
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	8.53	25.64
EV/EBITDA High	- -	- -	- -	- -	- -	- -	11.22	42.92
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	5.21	17.18
EV/EBIT Average	- -	- -	- -	- -	- -	- -	14.22	64.11
EV/EBIT High	- -	- -	- -	- -	- -	- -	18.71	107.3
EV/EBIT Low	- -	- -	- -	- -	- -	- -	8.69	42.95
Last Price	2.06	2.06	3	4.5	3.75	5.25	5.25	4.5
High Price	5.63	2.63	3	5.25	5.25	9.75	6	6.75
Enterprise Value Average	2	2	2	3	3	6	4	13
Enterprise Value High	4	3	2	5	5	9	6	21
Enterprise Value Low	2	2	1	3	2	3	3	9

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	1990 Y	1991 Y	1992 Y	1993 Y	1994 Y	1995 Y	1996 Y	1997 Y
As of date	03/31/1990	03/31/1991	03/31/1992	03/31/1993	03/31/1994	03/31/1995	03/31/1996	03/31/1997

Shares Outstanding	1	1	1	1	1	1	1	3
Diluted Weighted Avg Shares	1	1	1	1	1	1	1	3
Basic Weighted Avg Shares	1	1	1	1	1	1	1	3
Revenue per Share	1.84	3.02	2.59	1.55	1.16	2.83	4.32	0.45
EBITDA per Share	-0.39	-0.69	-0.29	-0.26	-0.23	-0.21	0.45	0.15
Operating Income per Share	-1.18	-1.51	-0.86	-1.16	-0.46	-0.42	0.27	0.06
Basic EPS, GAAP	-1.05	-1.65	-0.72	-1.29	-0.81	-0.42	0.18	-0.03
Basic EPS from Cont Ops	-1.05	-1.65	-0.72	-1.29	-0.46	-0.31	0.27	0.09
Diluted EPS, GAAP	-1.05	-1.65	-0.72	-1.29	-0.81	-0.42	0.18	-0.03
Diluted EPS from Cont Ops	-1.05	-1.65	-0.72	-1.29	-0.46	-0.31	0.27	0.09
Dividend per Share	- -	- -	- -	- -	- -	0.1	0.09	0.06
Cash Flow per Share	- -	- -	-0.43	-0.39	- -	- -	0.45	0.12
Free Cash Flow per Basic Share	- -	- -	-0.72	-0.52	- -	- -	-0.36	-0.15
Cash & Equivalents per Share	1.06	0.27	0.54	0.13	0.83	0.62	1	0.1
Book Value per Share	5.16	3.64	2.99	1.7	2.18	1.75	2.69	0.9
Tangible Book Value per Share	5.16	3.64	2.99	1.7	1.76	1.34	2.3	0.9