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 issued and sold 2.6 million of our common shares, par value $0.001 per share, in an underwritten public offering. As a result of these transactions, we believe we qualify as a Real Estate Investment Trust (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.  ... 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 Equity0.11Total Liab/Total Assets0.26
Net Inc/Total Assets0.08Total Liab/Inv Cap0.33
Net Inc/Inv Cap0.10Total Liab/Comm Equity0.35
Pretax Inc/Net Sales6.29Interest Coverage Ratio7.04
Net Inc/Net Sales6.29Curr Debt/Equity0.28
Cash Flow/Net Sales7.62LTD/Equity0.01
SG&A/NetSales1.01Total Debt/Equity0.30
Asset Utilization   Liquidity  
Net Receivables Turnover0.02Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.30  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 0.34 0.23 0.18 0.06
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 0.35 0.27 0.18 0.11
Operating Income -0.02 -0.05 0.10 -0.14
Interest Exp 0.17 0.12 0.14 0.14
Pretax Income 0.96 0.90 0.82 0.67
Other Income 1.14 1.06 0.87 0.95
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.96 0.90 0.82 0.67

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 2.18 1.95 1.56 3.33
Receivables - Total 48.74 40.90 34.49 31.27
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1.79 1.67 1.62 1.25
Total Assets 52.99 44.66 38.37 36.17
Liabilities        
Accounts Payable 0.82 1.02 1.17 0.75
Debt in Current Liabilities 12.16 4.15 8.11 8.53
Total Current Liabilities NA NA NA NA
Long-Term Debt 0.31 0.48 0.31 NA
Total Liabilities 13.98 6.06 9.88 9.46
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 NA NA
Common Stock 0.01 0.01 NA NA
Retained Earnings 1.01 0.61 NA NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity 39.00 38.60 28.49 26.71
Total Liabilities and Stockholders' Equity 52.99 44.66 38.37 36.17

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 1.32 0.34 1.28 0.79
Net Cash Provided by Investing Activities -8.24 -6.22 -3.45 -0.14
Net Cash Provided by Financing Activities 7.43 5.67 0.46 1.16

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20150.312.31--
12/20160.493.05--
Growth Rates57.0632.24--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17116265.64




Report Date : 10/16/2017

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