WQN INC Financial Ratios — WQNI Stock

Profitability (USD)

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y
As of date	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005

Return on Common Equity (%)	- -	- -	-25.78	-12.64	-16.96	-18.61	1.63
Return on Assets (%)	- -	-24.51	-22.72	-11.37	-15.4	-16.3	1.36
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	25.34	21.04	14.72	23.52	25.11	12.29	- -
EBITDA Margin (%)	38.16	39.67	78.21	37.83	42.86	13.14	- -
Operating Margin (%)	-28.27	-32.55	-67.25	-28.24	-33.01	-7.92	- -
Incremental Operating Margin (%)	- -	- -	546.24	- -	- -	31.84	- -
Pretax Margin (%)	- -	- -	- -	- -	- -	-6.4	- -
Profit Margin (%)	-36.03	-36.77	-59.01	-25.17	-35.75	-20.79	- -
Net Income to Common Margin (%)	-36.03	-36.77	-59.01	-25.17	-35.75	-20.79	- -
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	-25.78	-12.64	-16.96	-18.61	1.63

Credit (USD)

Credit Ratios API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y
As of date	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005

Total Debt	3	1	1	- -	- -	- -	4
ST Debt	2	- -	1	- -	- -	- -	4
LT Debt	1	1	- -	- -	- -	- -	- -
Total Debt/EBITDA	1.33	0.21	0.13	0.07	0.07	0.15	4.38
Net Debt/EBITDA	0.8	-5.45	-2.5	-4.71	-4.4	-4.81	-0.33
Total Debt/EBIT	1.8	0.26	0.15	0.09	0.1	0.25	4.4
Net Debt/EBIT	1.08	-6.64	-2.91	-6.31	-5.71	-7.97	-0.33
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-74.91	88.06	88.19	91.92	89.43	85.69	81.77
Long-Term Debt/Equity (%)	- -	3.42	1.24	- -	1.66	- -	- -
Long-Term Debt/Capital (%)	177.56	3.31	1.18	- -	1.63	- -	- -
Long-Term Debt/Total Assets (%)	37.71	3.08	1.09	- -	1.49	- -	- -
Total Debt/Equity (%)	-128.35	3.42	5.05	1.4	1.66	1.87	19.65
Total Debt/Capital (%)	452.7	3.31	4.8	1.38	1.63	1.83	16.42
Total Debt/Total Assets (%)	96.14	3.08	4.45	1.29	1.49	1.6	16.07
Net Debt to Equity	-76.61	-86.87	-98.09	-95.45	-97.69	-60.02	-1.47
Net Debt/Capital (%)	-327.56	-661.8	-5,146.44	-2,097.09	-4,220.32	-150.1	-1.49
EBITDA	2	5	10	4	4	2	1
EBITDA-CapEx	2	1	9	3	4	2	1
Operating Income (Loss)	-2	-4	-8	-3	-3	-1	-1

Liquidity (USD)

Liquidity Ratios API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y
As of date	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005

Cash Ratio	0.3	11.6	8.49	11.01	9.78	4.8	0.95
Current Ratio	0.33	12.1	8.64	11.51	10.38	4.6	1.55
Quick Ratio	0.33	12.1	8.55	11.31	10.08	5.7	1.55
CFO/Avg Current Liab	- -	-0.52	-1.18	-1.01	-1.28	-1.87	-1.43
Common Equity/Total Assets	-74.91	88.06	88.19	91.92	89.43	85.69	81.77
Long-Term Debt/Equity (%)	- -	3.42	1.24	- -	1.66	- -	- -
Long-Term Debt/Capital (%)	177.56	3.31	1.18	- -	1.63	- -	- -
Long-Term Debt/Total Assets (%)	37.71	3.08	1.09	- -	1.49	- -	- -
Total Debt/Equity (%)	-128.35	3.42	5.05	1.4	1.66	1.87	19.65
Total Debt/Capital (%)	452.7	3.31	4.8	1.38	1.63	1.83	16.42
Total Debt/Total Assets (%)	96.14	3.08	4.45	1.29	1.49	1.6	16.07
CFO/Total Liabilities	-21.15	-46.59	-99.2	-130.21	-111.71	-157.68	-119.16
CFO/CapEx	-4.97	-0.46	-3.69	-2.58	-5.88	-9.7	- -
Altman's Z-Score	- -	3.35	2.78	3.62	5.09	3.93	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y
As of date	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005

Accounts Receivable Turnover	- -	- -	17.12	43.35	20.61	21.39	- -
Days Sales Outstanding	- -	- -	21.32	8.42	17.71	17.07	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y
As of date	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005

Market Capitalization	- -	17	18	12	21	21	11
- Cash & Cash Equivalents	1	29	25	21	18	10	4
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	1	- -	- -	- -	- -	- -
+ Total Debt	3	1	1	- -	- -	- -	4
Enterprise Value	- -	-10	-6	-8	3	9	11
Total Capital	1	33	26	22	18	16	22
Total Debt/Capital (%)	452.7	3.31	4.8	1.38	1.63	1.83	16.42
Total Debt / EV	- -	-0.11	-0.2	-0.04	0.1	0.03	0.33
EV/Sales	- -	- -	- -	- -	0.31	0.56	- -
EV/EBITDA	- -	- -	- -	- -	0.73	4.29	13.15
EV/EBIT	- -	- -	- -	- -	0.94	7.11	13.2
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	16	18	12	20	20	11
Diluted Enterprise Value	- -	-11	-6	-8	3	8	11
EV per Share	- -	- -	- -	- -	0.45	1.25	1.56
TTM Sales	6	13	12	11	9	15	- -
TTM EBITDA	2	5	10	4	4	2	1
TTM Operating Income	-2	-4	-8	-3	-3	-1	-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
As of date	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005

Price/Free Cash Flow	- -	-3.05	-4.28	-3.51	-7.33	-4.38	-2.28
EV/EBIT	- -	- -	- -	- -	0.94	7.11	13.2
Enterprise Value	- -	-10	-6	-8	3	9	11
Low Price	- -	1.25	1.81	1.25	1.85	1.84	1.22
EV/Sales	- -	- -	- -	- -	0.31	0.56	- -
EV/EBITDA	- -	- -	- -	- -	0.73	4.29	13.15
Price/Earnings	- -	- -	- -	- -	- -	- -	39.33
Price/Earnings Average	- -	- -	- -	- -	- -	- -	47.84
Price/Earnings High	- -	- -	- -	- -	- -	- -	80.96
Price/Earnings Low	- -	- -	- -	- -	- -	- -	29.93
Price/Book Value	- -	0.55	0.72	0.56	1.14	1.32	0.6
Price/Book Value Average	- -	1.91	0.65	0.65	0.92	1.37	0.74
Price/Book Value High	- -	7.78	0.92	0.93	1.42	3.27	1.25
Price/Book Value Low	- -	0.25	0.48	0.37	0.66	0.79	0.46
Price/Tangible Book Value	- -	0.55	0.72	0.56	1.14	1.32	0.6
Price/Tangible Book Value Average	- -	1.91	0.65	0.65	0.92	1.37	0.74
Price/Tangible Book Value High	- -	7.78	0.92	0.93	1.42	3.27	1.25
Price/Tangible Book Value Low	- -	0.25	0.48	0.37	0.66	0.79	0.46
Price/Sales	- -	1.25	1.44	1.04	2.18	1.34	- -
Price/Sales Average	- -	4.4	1.3	1.22	1.77	1.39	- -
Price/Sales High	- -	17.9	1.83	1.73	2.73	3.33	- -
Price/Sales Low	- -	0.58	0.95	0.7	1.26	0.8	- -
Price/Cash Flow	- -	-9.65	-5.44	-4.87	-8.57	-4.83	-2.28
Price/Cash Flow Average	- -	-33.85	-4.92	-5.72	-6.93	-5.01	-2.77
Price/Cash Flow High	- -	-137.75	-6.93	-8.08	-10.72	-12.01	-4.68
Price/Cash Flow Low	- -	-4.49	-3.58	-3.26	-4.96	-2.89	-1.73
Price/Free Cash Flow Average	- -	-10.7	-3.87	-4.12	-5.92	-4.54	-2.77
Price/Free Cash Flow High	- -	-43.53	-5.45	-5.83	-9.16	-10.89	-4.68
Price/Free Cash Flow Low	- -	-1.42	-2.82	-2.35	-4.24	-2.62	-1.73
EV/Sales Average	- -	2.55	- -	- -	- -	0.61	- -
EV/Sales High	- -	16.86	- -	- -	0.86	2.62	- -
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Average	- -	6.43	- -	- -	- -	4.68	16.07
EV/EBITDA High	- -	42.51	- -	- -	2.01	19.96	27.42
EV/EBITDA Low	- -	- -	- -	- -	- -	0.03	9.93
EV/EBIT Average	- -	7.84	- -	- -	- -	7.75	16.13
EV/EBIT High	- -	51.81	- -	- -	2.61	33.1	27.53
EV/EBIT Low	- -	- -	- -	- -	- -	0.06	9.97
Last Price	- -	2.69	2.75	1.87	3.2	3.08	1.6
High Price	- -	38.38	3.5	3.1	4	7.65	3.3
Enterprise Value Average	- -	33	-8	-6	-1	9	13
Enterprise Value High	- -	218	-1	-1	8	40	22
Enterprise Value Low	- -	-19	-12	-12	-6	- -	8

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y
As of date	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005

Shares Outstanding	3	6	6	6	6	7	7
Diluted Weighted Avg Shares	3	6	6	6	6	7	7
Basic Weighted Avg Shares	3	6	6	6	6	7	7
Revenue per Share	1.8	2.14	1.91	1.8	1.47	2.3	- -
EBITDA per Share	0.69	0.85	1.49	0.68	0.63	0.3	0.12
Operating Income per Share	-0.51	-0.7	-1.28	-0.51	-0.48	-0.18	-0.12
Basic EPS, GAAP	-0.65	-0.79	-1.13	-0.45	-0.52	-0.48	0.04
Basic EPS from Cont Ops	-0.65	-0.52	-1.13	-0.45	-0.45	-0.15	-0.34
Diluted EPS, GAAP	-0.65	-0.79	-1.13	-0.45	-0.52	-0.48	0.04
Diluted EPS from Cont Ops	-0.65	-0.52	-1.13	-0.45	-0.45	-0.15	-0.34
Dividend per Share	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.35	-0.28	-0.51	-0.38	-0.37	-0.64	-0.7
Free Cash Flow per Basic Share	-0.42	-0.88	-0.64	-0.53	-0.44	-0.7	-0.7
Cash & Equivalents per Share	0.36	4.55	3.92	3.24	2.79	1.87	0.56
Book Value per Share	-0.7	4.93	3.8	3.35	2.81	2.34	2.65
Tangible Book Value per Share	-0.7	4.93	3.8	3.35	2.81	2.34	2.65