Company Information

  

Address: 175 JACKSON AVE N
SUITE 102 
City: MINNEAPOLIS 
State: MN 
Zip Code: 55343 
Telephone: 952-930-9000 

Description of Business

Primary SIC Code: 5700
(As filed with the SEC)  

Appliance Recycling Centers of America, Inc. and Subsidiaries ("we," the "Company" or "ARCA") are in the business of selling and recycling major household appliances in North America. We sell new major household appliances in the United States though our chain of eighteen Company-owned retail stores operating under the name ApplianceSmartĀ®. We also provide turnkey appliance recycling and replacement services for utilities and other sponsors of energy efficiency programs through our subsidiaries ARCA Recycling, Inc. and ARCA Canada Inc. In addition, we have a 50% interest in a joint venture, ARCA Advanced Processing, LLC ("AAP"), which recycles in the Northeast and Mid-Atlantic regions of the United States. As a leading retailer and recycler of major household appliances, we generate revenues from: 1. Retail sales of appliances at our ApplianceSmart stores.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20170.83NA0.95
03/20170.16NA6.63
12/2016-0.24NAN/E
06/2016-0.71NAN/E
03/20160.35NA3.37
09/2015-0.43NAN/E
06/2015-0.24NAN/E
03/2015-0.28NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.06Total Liab/Total Assets0.74
Net Inc/Total Assets-0.03Total Liab/Inv Cap15.74
Net Inc/Inv Cap-0.74Total Liab/Comm Equity1.39
Pretax Inc/Net Sales-0.02Interest Coverage Ratio-0.28
Net Inc/Net Sales-0.01Curr Debt/Equity1.15
Cash Flow/Net Sales0.03LTD/Equity0.26
SG&A/NetSales0.28Total Debt/Equity1.41
Asset Utilization   Liquidity  
Net Receivables Turnover8.94Quick Ratio0.45
Inventory Turnover4.54Current Ratio1.04
Inventory Day Sales0.01Net Rec/Curr Assets0.37
Net Sales/Work Cap95.21Inv/Curr Assets0.57
Net Sales/PP&E10.24  

Income Statement (Millions)

  7/1/2017 4/1/2017 12/31/2016 10/1/2016
Total Revenues(Net Sales) 25.78 23.24 26.13 27.36
Cost of Goods Sold 17.06 17.22 18.55 18.91
Selling & Admin Exps 6.13 7.73 7.67 7.04
Operating Income 2.59 -1.71 -0.08 1.42
Interest Exp 0.13 0.30 0.49 0.34
Pretax Income 2.52 3.16 -0.58 1.14
Other Income 0.06 5.17 -0.01 0.06
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 2.06 2.21 -0.02 1.12

Balance Sheet (Millions)

Assets 7/1/2017 4/1/2017 12/31/2016 10/1/2016
Cash & Short Term Investments 0.19 0.81 0.97 1.71
Receivables - Total 8.79 8.81 10.53 11.15
Inventories - Total 12.57 13.18 16.29 16.35
Total Current Assets 23.88 23.48 28.55 30.03
Net Property, Plant & Equipment 7.99 8.26 10.12 10.32
Total Assets 35.53 34.56 41.86 41.69
Liabilities        
Accounts Payable 14.64 14.76 15.03 15.24
Debt in Current Liabilities 2.05 3.62 12.43 12.11
Total Current Liabilities 16.70 18.37 27.46 27.34
Long-Term Debt 3.37 2.65 2.83 3.31
Total Liabilities 20.38 21.51 31.05 31.52
Stockholder's Equity        
Minority Interest -0.01 0.14 0.41 0.48
Preferred Stock NA NA NA NA
Common Stock 22.44 22.43 22.41 21.73
Retained Earnings -6.76 -8.82 -11.03 -11.01
Treasury Stock NA NA NA NA
Total Stockholders' Equity 15.14 13.05 10.80 10.17
Total Liabilities and Stockholders' Equity 35.53 34.56 41.86 41.69

Cash Flow Summary (Millions)

Categories 7/1/2017 4/1/2017 12/31/2016 10/1/2016
Net Cash Provided by Operating Activities 1.08 2.22 -1.06 -1.94
Net Cash Provided by Investing Activities -0.74 6.62 -0.15 -0.07
Net Cash Provided by Financing Activities -0.93 -9.04 0.48 1.51

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012114.24-3.85-0.69
12/2013127.883.150.58
12/2014130.930.770.13
12/2015111.84-2.72--
12/2016103.59-1.45-0.24
Growth Rates-2.42----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17124306.46




Report Date : 10/23/2017

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