Ratio Analysis
 

1997 1998 1999 Industry Profile
Sales Growth 0.00% 48.20% 34.97% 7.60%

                                                                                   
Percent of Total Assets



Accounts Receivable 0.00% 0.00% 0.00% 4.50%
Inventory 1.92% 1.56% 1.11% 3.60%
Other Short-term Assets 4.15% 2.30% 1.20% 35.60%
Total Short-term Assets 88.90% 101.64% 105.07% 43.70%
Long-term Assets 11.10% -1.64% -5.07% 56.30%
Total Assets 100.00% 100.00% 100.00% 100.00%





Other Short-term Liabilities 0.00% 0.00% 0.00% 32.70%
Subtotal Short-term Liabilities 261.62% 145.79% 76.47% 23.10%
Long-term Liabilities -64.59% -71.55% -55.96% 28.50%
Total Liabilities 197.03% 74.24% 20.51% 51.60%
Net Worth -97.03% 25.76% 79.49% 48.40%





Percent of Sales



Sales 100.00% 100.00% 100.00% 100.00%
Gross Margin 76.80% 77.03% 76.80% 60.50%
Selling, General &
Administrative Expenses
57.20% 46.88% 41.20% 39.80%
Advertising Expenses 1.15% 0.81% 0.62% 3.20%
Profit Before Interest and
Taxes
38.86% 50.41% 56.29% 0.70%
Main Ratios



Current 0.34 0.70 1.37 0.98
Quick 0.33 0.69 1.36 0.65
Total Debt to Total Assets 197.03% 74.24% 20.51% 61.20%
Pre-tax Return on Net Worth  -164.59% 590.95% 144.07% 1.70%
Pre-tax Return on Assets 159.71% 152.23% 114.52% 4.30%





Business Vitality Profile 1997 1998 1999 Industry
Sales per Employee $52,217 $77,383 $104,446 $0
Survival Rate


0.00% 





Additional Ratios 1997 1998 1999
Net Profit Margin 19.60% 30.16% 35.60% n.a
Return on Equity 0.00% 308.64% 83.10% n.a





Activity Ratios



Accounts Receivable Turnover 0.00 0.00 0.00 n.a
Collection Days 0 0 0 n.a
Inventory Turnover 14.80 46.18 44.79 n.a
Accounts Payable Turnover 49.10 49.10 49.10 n.a
Total Asset Turnover 3.21 2.64 1.86 n.a





Debt Ratios



Debt to Net Worth 0.00 2.88 0.26 n.a
Short-term Liab. to Liab. 1.33 1.96 3.73 n.a





Liquidity Ratios



Net Working Capital ($28,079) ($12,959) $16,100 n.a
Interest Coverage 3.58 6.88 10.37 n.a





Additional Ratios



Assets to Sales 0.31 0.38 0.54 n.a
Current Debt/Total Assets 262% 146% 76% n.a
Acid Test 0.33 0.69 1.36 n.a
Sales/Net Worth 0.00 10.23 2.33 n.a
Dividend Payout $0 0.00 0.00 n.a