Company Information

  

Address: 15455 DALLAS PKWY
SUITE 440 
City: ADDISON 
State: TX 
Zip Code: 75001 
Telephone: 972-248-0412 

Description of Business

Primary SIC Code: 4700
(As filed with the SEC)  

We are a blank check company incorporated in April 2015 as a Delaware corporation formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. On December 22, 2016, we entered into an Agreement and Plan of Merger (the "Merger Agreement") with Daseke, Inc. ("Daseke"), HCAC Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of the Company ("Merger Sub"), and Don R. Daseke, solely in his capacity as the Stockholder Representative thereunder. Daseke is a leading provider of transportation and logistics solutions focused exclusively on open deck freight in North America. Daseke believes it is the largest owner of open deck equipment and the second largest provider of flatbed, open deck transportation and logistics solutions by revenue in North America.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
There's no share overview data.

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.64Total Liab/Total Assets0.08
Net Inc/Total Assets-0.05Total Liab/Inv Cap0.08
Net Inc/Inv Cap-0.05Total Liab/Comm Equity1.06
Pretax Inc/Net SalesNAInterest Coverage RatioNA
Net Inc/Net SalesNACurr Debt/EquityNA
Cash Flow/Net SalesNALTD/EquityNA
SG&A/NetSalesNATotal Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick Ratio0.08
Inventory TurnoverNACurrent Ratio0.08
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 9/30/2016
Total Revenues(Net Sales) 231.32 197.32 160.43 174.15
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 205.38 174.16 144.72 150.37
Operating Income 5.70 4.47 -0.85 6.08
Interest Exp 8.62 6.54 5.90 6.72
Pretax Income -2.81 -1.92 -10.52 -0.58
Other Income 0.45 0.13 -3.57 0.56
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.05 -4.11 -7.75 -1.26

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 9/30/2016
Cash & Short Term Investments 118.53 46.37 42.56 0.82
Receivables - Total 109.00 91.09 70.21 NA
Inventories - Total 4.37 3.95 1.69 NA
Total Current Assets 252.22 157.60 126.37 0.85
Net Property, Plant & Equipment 369.20 345.99 303.04 NA
Total Assets 857.42 695.00 601.05 200.53
Liabilities        
Accounts Payable 59.43 54.03 41.03 6.22
Debt in Current Liabilities 26.51 21.52 14.13 NA
Total Current Liabilities 87.42 76.47 56.64 6.22
Long-Term Debt 395.84 325.12 266.47 NA
Total Liabilities 599.50 508.34 413.08 13.40
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 65.00 65.00 65.00 0.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -30.22 -29.05 -23.25 -7.47
Treasury Stock NA NA NA NA
Total Stockholders' Equity 257.92 186.66 187.97 5.00
Total Liabilities and Stockholders' Equity 857.42 695.00 601.05 18.40

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 9/30/2016
Net Cash Provided by Operating Activities 12.39 12.68 1.39 12.89
Net Cash Provided by Investing Activities -57.02 -44.39 -0.04 -0.93
Net Cash Provided by Financing Activities 115.61 34.73 33.50 -11.95

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20160.00-9.48--
Growth Rates------

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17197,443--




Report Date : 12/4/2017

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