American Hertge Financials
This page shows American Hertge (AHII) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
American Hertge passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, all 3 leverage/liquidity signals pass.
For every $1 of reported earnings, American Hertge generates $0.71 in operating cash flow (-$121K OCF vs -$169K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
American Hertge reported -$169K in net income in fiscal year 2013. This represents a decrease of 69.2% from the prior year.
Cash & Balance Sheet
American Hertge held $16K in cash against $0 in long-term debt as of fiscal year 2013.
American Hertge had 99M shares outstanding in fiscal year 2013. This represents a decrease of 32.0% from the prior year.
Margins & Returns
Capital Allocation
AHII Income Statement
| Metric | Q4'14 | Q3'14 | Q2'14 | Q1'14 | Q4'13 | Q3'13 | Q2'13 | Q1'13 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $43K | N/A | N/A | N/A | $0 | N/A | $4K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $3K |
| Gross Profit | N/A | $4K-69.9% | $14K-32.5% | $20K | N/A | $0 | N/A | $673 |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $11K | N/A | N/A | N/A | $2K-90.9% | $21K-11.4% | $24K |
| Operating Income | N/A | -$109K+9.8% | -$121K | N/A | N/A | -$42K-99.6% | -$21K+8.8% | -$23K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | $723+1.1% | $715 |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | -$109K+9.8% | -$121K+42.4% | -$210K | N/A | -$46K-111.4% | -$22K+8.5% | -$24K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AHII Balance Sheet
| Metric | Q4'14 | Q3'14 | Q2'14 | Q1'14 | Q4'13 | Q3'13 | Q2'13 | Q1'13 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $77K-62.7% | $206K-21.1% | $261K-23.3% | $341K+342.8% | $77K+21.3% | $63K+1779.0% | $3K-49.1% | $7K |
| Current Assets | $49K-73.7% | $186K-22.0% | $238K-24.3% | $315K+543.7% | $49K+48.8% | $33K+14141.1% | $231-93.1% | $3K |
| Cash & Equivalents | $16K-82.8% | $92K-3.6% | $95K-32.3% | $140K+791.6% | $16K+22.1% | $13K+5483.1% | $231-93.1% | $3K |
| Inventory | N/A | $30K | N/A | N/A | $33K | N/A | N/A | N/A |
| Accounts Receivable | N/A | $31K+4.1% | $30K-1.9% | $30K | $0 | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $123K-36.0% | $192K+39.1% | $138K+43.2% | $97K-21.6% | $123K+62.3% | $76K-27.5% | $105K+13.8% | $92K |
| Current Liabilities | $123K-36.0% | $192K+39.1% | $138K+43.2% | $97K-21.6% | $123K+62.3% | $76K-27.5% | $105K+149.1% | $42K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $50K |
| Total Equity | -$46K-434.5% | $14K-88.7% | $123K-49.6% | $244K+626.4% | -$46K-269.6% | -$13K+87.6% | -$101K-18.7% | -$85K |
| Retained Earnings | N/A | -$752K | N/A | N/A | -$312K | N/A | N/A | N/A |
AHII Cash Flow Statement
| Metric | Q4'14 | Q3'14 | Q2'14 | Q1'14 | Q4'13 | Q3'13 | Q2'13 | Q1'13 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | -$3K+96.1% | -$77K+73.1% | -$285K-476.0% | -$49K+3.6% | -$51K-482.2% | -$9K+19.6% | -$11K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Financing Cash Flow | N/A | -$439-101.4% | $31K-92.3% | $410K+682.9% | $52K-24.7% | $69K+1118.6% | $6K-53.3% | $12K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AHII Financial Ratios
| Metric | Q4'14 | Q3'14 | Q2'14 | Q1'14 | Q4'13 | Q3'13 | Q2'13 | Q1'13 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 9.6% | N/A | N/A | N/A | N/A | N/A | 17.3% |
| Operating Margin | N/A | -256.2% | N/A | N/A | N/A | N/A | N/A | -589.1% |
| Net Margin | N/A | -256.2% | N/A | N/A | N/A | N/A | N/A | -607.4% |
| Return on Equity | N/A | -787.6%-689.2pp | -98.4%-12.3pp | -86.0% | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | -52.9%-6.6pp | -46.3%+15.3pp | -61.6% | N/A | -72.3%+570.2pp | -642.5%-284.9pp | -357.6% |
| Current Ratio | 0.40-0.6 | 0.97-0.8 | 1.72-1.5 | 3.26+2.9 | 0.40-0.0 | 0.43+0.4 | 0.00-0.1 | 0.08 |
| Debt-to-Equity | -2.66-16.6 | 13.89+12.8 | 1.13+0.7 | 0.40+3.1 | -2.66+3.4 | -6.06-5.0 | -1.03-0.4 | -0.59 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$46K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.40), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
Is American Hertge profitable?
No, American Hertge (AHII) reported a net income of -$169K in fiscal year 2013.
What is American Hertge's operating cash flow?
American Hertge (AHII) generated -$121K in operating cash flow during fiscal year 2013, representing cash generated from core business activities.
What are American Hertge's total assets?
American Hertge (AHII) had $77K in total assets as of fiscal year 2013, including both current and long-term assets.
What is American Hertge's current ratio?
American Hertge (AHII) had a current ratio of 0.40 as of fiscal year 2013, which is below 1.0, which may suggest potential liquidity concerns.
What is American Hertge's debt-to-equity ratio?
American Hertge (AHII) had a debt-to-equity ratio of -2.66 as of fiscal year 2013, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is American Hertge's return on assets (ROA)?
American Hertge (AHII) had a return on assets of -219.4% for fiscal year 2013, measuring how efficiently the company uses its assets to generate profit.
What is American Hertge's cash runway?
Based on fiscal year 2013 data, American Hertge (AHII) had $16K in cash against an annual operating cash burn of $121K. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is American Hertge's debt-to-equity ratio negative or unusual?
American Hertge (AHII) has negative shareholder equity of -$46K as of fiscal year 2013, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is American Hertge's Piotroski F-Score?
American Hertge (AHII) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are American Hertge's earnings high quality?
American Hertge (AHII) has an earnings quality ratio of 0.71x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.