Company Information

  

Address: 180 EAST BROAD STREET  
City: COLUMBUS 
State: OH 
Zip Code: 43215 
Telephone: 614-621-9000 

Description of Business

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

Unless the context otherwise requires, references to "WPG," "the Company," "we," "us," and "our" refer to WPG Inc., WPG L.P. and entities in which WPG Inc. or WPG L.P. (or an affiliate) has a material ownership or financial interest, on a consolidated basis. General Washington Prime Group(TM) Inc. (formerly named WP Glimcher Inc.) ("WPG Inc.") is an Indiana corporation that operates as a self-administered and self-managed real estate investment trust, or REIT, under the Internal Revenue Code of 1986, as amended (the "Code"). REITs will generally not be liable for federal corporate income taxes as long as they continue to distribute not less than 100% of their taxable income and satisfy certain other requirements. Washington Prime Group, L.P. ("WPG L.P.") is WPG Inc.'s majority-owned partnership subsidiary that owns, develops, and manages, through its affiliates, all of WPG Inc.'s real estate properties and other assets. WPG Inc. is the sole general partner of WPG L.P.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.850.2509.80
06/20170.920.2509.10
03/20170.290.25029.97
12/20160.290.25035.90
09/2016-0.380.250N/E
06/2016-0.36NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.06Total Liab/Total Assets0.75
Net Inc/Total Assets0.02Total Liab/Inv Cap-1.72
Net Inc/Inv Cap-0.03Total Liab/Comm Equity-3.04
Pretax Inc/Net Sales0.09Interest Coverage Ratio1.58
Net Inc/Net Sales0.09Curr Debt/EquityNA
Cash Flow/Net Sales0.34LTD/EquityNA
SG&A/NetSales0.05Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover8.81Quick Ratio0.04
Inventory TurnoverNACurrent Ratio0.04
Inventory Day SalesNANet Rec/Curr Assets0.63
Net Sales/Work Cap-0.23Inv/Curr AssetsNA
Net Sales/PP&E0.20  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 179.32 189.17 202.39 217.78
Cost of Goods Sold 59.61 60.69 65.40 70.30
Selling & Admin Exps 9.14 11.99 11.44 11.73
Operating Income 24.29 49.87 49.53 65.36
Interest Exp 34.34 31.28 32.49 32.24
Pretax Income -10.50 164.67 15.07 32.96
Other Income -0.45 146.08 -1.98 -0.15
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -10.66 164.50 14.62 33.79

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 48.26 76.76 94.53 59.35
Receivables - Total 90.18 92.77 96.56 99.97
Inventories - Total NA NA NA NA
Total Current Assets 138.45 169.53 191.09 159.32
Net Property, Plant & Equipment 3,739.63 3,774.55 4,132.18 4,222.70
Total Assets 4,553.44 4,618.80 5,017.04 5,107.47
Liabilities        
Accounts Payable 292.38 287.09 306.38 327.59
Debt in Current Liabilities 2,998.91 3,000.52 3,484.63 3,506.40
Total Current Liabilities 3,291.29 3,287.61 3,791.02 3,834.00
Long-Term Debt NA NA NA NA
Total Liabilities 3,292.37 3,288.69 3,792.10 3,835.10
Stockholder's Equity        
Minority Interest 1.08 1.08 1.08 1.10
Preferred Stock NA NA NA NA
Common Stock NA NA NA NA
Retained Earnings NA NA NA NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity NA NA NA NA
Total Liabilities and Stockholders' Equity NA NA NA NA

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 82.96 83.25 71.45 89.85
Net Cash Provided by Investing Activities -49.56 103.01 53.40 -35.79
Net Cash Provided by Financing Activities -61.90 -204.03 -89.67 -52.49

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2014660.98205.46--
12/2015921.36-104.41--
12/2016843.4877.400.29
Growth Rates12.96----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17294169,39091.17




Report Date : 12/11/2017

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