Company Information

  

Address: 1440 CHAPIN AVE STE 310  
City: BURLINGAME 
State: CA 
Zip Code: 94010 
Telephone: 650-340-1888 

Description of Business

Primary SIC Code: 7359
(As filed with the SEC)  

AeroCentury Corp., a Delaware corporation incorporated in 1997, typically acquires used regional aircraft for lease to regional carriers worldwide. In August 2016, AeroCentury Corp. formed two wholly-owned subsidiaries, ACY 19002 Limited ("ACY 19002") and ACY 19003 Limited ("ACY 19003") for the purpose of acquiring aircraft using a combination of cash and financing separate from the parent's credit facility. The business of AeroCentury Corp., ACY 19002 and ACY 19003 (collectively, the "Company") is managed by JetFleet Management Corp. ("JMC"), pursuant to a management agreement (the "Management Agreement") with JMC. JMC is an integrated aircraft management, marketing and financing business and a subsidiary of JetFleet Holding Corp. ("JHC"). Certain officers of the Company are also officers of JHC and JMC and hold significant ownership positions in both JHC and the Company.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20170.98NA12.81
03/20170.91NA10.77
12/20160.78NA12.12
09/20162.81NA3.33
06/20163.28NA2.80
03/20163.97NA2.71
12/20154.17NA3.05
09/20152.49NA4.03

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.09Total Liab/Total Assets0.81
Net Inc/Total Assets0.01Total Liab/Inv Cap-2.11
Net Inc/Inv Cap-0.01Total Liab/Comm Equity12.34
Pretax Inc/Net Sales0.08Interest Coverage RatioNA
Net Inc/Net Sales0.05Curr Debt/Equity2.96
Cash Flow/Net Sales0.45LTD/EquityNA
SG&A/NetSales0.26Total Debt/Equity2.96
Asset Utilization   Liquidity  
Net Receivables Turnover1.30Quick Ratio0.13
Inventory TurnoverNACurrent Ratio0.13
Inventory Day SalesNANet Rec/Curr Assets0.91
Net Sales/Work Cap-0.17Inv/Curr AssetsNA
Net Sales/PP&E0.13  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 8.23 7.64 7.71 6.27
Cost of Goods Sold 0.46 0.33 0.79 0.83
Selling & Admin Exps 1.94 2.04 1.59 1.56
Operating Income 2.43 2.34 1.56 0.98
Interest Exp NA NA NA NA
Pretax Income 0.54 1.04 0.01 0.81
Other Income -0.15 0.31 0.02 1.17
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.36 0.64 -0.04 0.53

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 4.16 2.81 2.19 3.58
Receivables - Total 31.44 30.84 21.51 22.01
Inventories - Total NA NA NA NA
Total Current Assets 35.60 33.65 23.71 25.59
Net Property, Plant & Equipment 205.07 188.01 194.80 198.56
Total Assets 241.59 222.03 218.74 224.44
Liabilities        
Accounts Payable 15.71 14.81 15.14 18.03
Debt in Current Liabilities 147.43 129.25 125.84 126.61
Total Current Liabilities 200.63 181.42 176.24 181.90
Long-Term Debt NA NA NA NA
Total Liabilities 200.63 181.42 176.24 181.90
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings 29.22 28.86 28.22 28.26
Treasury Stock -3.04 -3.04 -0.50 -0.50
Total Stockholders' Equity 40.96 40.61 42.50 42.54
Total Liabilities and Stockholders' Equity 241.59 222.03 218.74 224.44

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 4.45 4.26 0.53 2.69
Net Cash Provided by Investing Activities -21.01 -6.83 -0.92 -51.25
Net Cash Provided by Financing Activities 17.91 3.19 -1.00 49.92

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201312.034.052.03
12/201333.708.342.03
12/201425.31-11.29-7.32
12/201526.556.444.17
12/201625.331.220.78
Growth Rates20.45----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/171323316.46




Report Date : 10/16/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.