Company Information

  

Address: 23 LAUREL STREET  
City: BRANFORD 
State: CT 
Zip Code: 06405 
Telephone: 203-433-4736 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

We were organized as a New York corporation in January 2016 under the name HML Capital Corp. On December 15, 2016, we changed our name to Sachem Capital Corp. Prior to February 8, 2017, our business operated as a Connecticut limited liability company under the name Sachem Capital Partners, LLC ("SCP"). On February 8, 2017, in anticipation of our initial public offering (the "IPO"), SCP transferred all its assets to us in exchange for (i) the assumption by us of all of SCP's liabilities and (ii) 6,283,237 of our common shares (the "Exchange"). On February 9, 2017, we completed the IPO in which we issued and sold 2.6 million of our common shares. As a result of these transactions, we believe we qualify as a REIT for federal income tax purposes and intend to make the election to be taxed as a REIT when we file our 2017 federal income tax return. As a REIT, we are required to distribute at least 90% of our taxable income to our shareholders each year.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.450.1057.71
12/20170.380.10510.37

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.09Total Liab/Total Assets0.19
Net Inc/Total Assets0.07Total Liab/Inv Cap0.22
Net Inc/Inv Cap0.08Total Liab/Comm Equity0.24
Pretax Inc/Net Sales3.11Interest Coverage Ratio8.32
Net Inc/Net Sales3.11Curr Debt/Equity0.18
Cash Flow/Net Sales3.10LTD/Equity0.01
SG&A/NetSales0.92Total Debt/Equity0.19
Asset Utilization   Liquidity  
Net Receivables Turnover0.03Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.90  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 0.75 0.65 0.35 0.34
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 0.51 0.55 0.28 0.35
Operating Income 0.23 0.09 0.07 -0.02
Interest Exp 0.22 0.07 0.30 0.17
Pretax Income 1.97 1.69 1.32 0.96
Other Income 1.96 1.67 1.56 1.14
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.97 1.69 1.32 0.96

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 0.74 1.07 1.06 2.18
Receivables - Total 70.79 64.60 53.86 48.74
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1.73 1.73 1.73 1.79
Total Assets 73.43 67.49 56.88 52.99
Liabilities        
Accounts Payable 0.89 1.67 0.62 0.82
Debt in Current Liabilities 14.15 9.84 15.92 12.16
Total Current Liabilities NA NA NA NA
Long-Term Debt 2.30 0.30 0.30 0.31
Total Liabilities 18.51 12.93 17.72 13.98
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.02 0.02 0.01 0.01
Retained Earnings 1.59 1.24 1.16 1.01
Treasury Stock NA NA NA NA
Total Stockholders' Equity 54.92 54.57 39.16 39.00
Total Liabilities and Stockholders' Equity 73.43 67.49 56.88 52.99

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 1.30 2.08 1.11 1.32
Net Cash Provided by Investing Activities -4.32 -9.92 -4.56 -8.24
Net Cash Provided by Financing Activities 2.63 7.78 2.60 7.43

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20150.312.31--
12/20160.493.05--
12/20171.564.860.38
Growth Rates124.9045.16--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18233,15720.48




Report Date : 7/9/2018

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