Coastal Carolina Financials
This page shows Coastal Carolina (CCNB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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
Based on FY2012 annual data. Scores normalized against common benchmarks. How we calculate these scores
Coastal Carolina's revenue surged 22.6% year-over-year to $3.9M, reflecting rapid business expansion. This strong growth earns a score of 93/100.
Coastal Carolina has elevated debt relative to equity (D/E of 6.02), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
While Coastal Carolina generated -$758K in operating cash flow, capex of $495K consumed most of it, leaving -$1.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Coastal Carolina generates a 0.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 2/100.
Coastal Carolina passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Coastal Carolina generates $-10.18 in operating cash flow (-$758K OCF vs $74K 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
Coastal Carolina generated $3.9M in revenue in fiscal year 2012. This represents an increase of 22.6% from the prior year.
Coastal Carolina generated -$1.3M in free cash flow in fiscal year 2012, representing cash available after capex. This represents a decrease of 41.5% from the prior year.
Coastal Carolina reported $74K in net income in fiscal year 2012. This represents an increase of 105.8% from the prior year.
Coastal Carolina had 2M shares outstanding in fiscal year 2012. This represents a decrease of 0.2% from the prior year.
Coastal Carolina's net profit margin was 1.9% in fiscal year 2012, showing the share of revenue converted to profit. This is up 41.9 percentage points from the prior year.
Coastal Carolina's ROE was 0.5% in fiscal year 2012, measuring profit generated per dollar of shareholder equity.
Coastal Carolina invested $495K in capex in fiscal year 2012, funding long-term assets and infrastructure. This represents an increase of 1528.2% from the prior year.
CCNB Income Statement
| Metric | Q1'13 | Q1'12 | Q3'12 | Q2'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0M-0.1% | $1.0M+3.6% | $999K+3.2% | $968K+5.9% | $914K+4.3% | $877K+15.3% | $761K+17.6% | $647K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $163K-2.4% | $167K-3.1% | $172K+0.6% | $171K-14.7% | $200K-2.7% | $206K-3.8% | $214K+0.6% | $213K |
| Income Tax | $2K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $9K-93.0% | $132K+11.9% | $118K+457.4% | -$33K+53.9% | -$72K-73.6% | -$41K+89.0% | -$374K+52.7% | -$791K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CCNB Balance Sheet
| Metric | Q1'13 | Q1'12 | Q3'12 | Q2'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $105.1M+3.4% | $101.6M+2.1% | $99.6M+3.1% | $96.6M+2.3% | $94.4M+2.4% | $92.2M+9.6% | $84.1M | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | 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 | $90.7M+4.1% | $87.1M+2.4% | $85.1M+3.4% | $82.4M+2.5% | $80.3M+3.2% | $77.9M+11.0% | $70.2M | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $14.4M-0.8% | $14.5M+0.2% | $14.5M+1.4% | $14.3M+1.3% | $14.1M-1.6% | $14.3M+2.5% | $14.0M-0.6% | $14.1M |
| Retained Earnings | -$7.7M+0.1% | -$7.8M+1.7% | -$7.9M+1.5% | -$8.0M-2.2% | -$7.8M-0.9% | -$7.8M-0.5% | -$7.7M | N/A |
CCNB Cash Flow Statement
| Metric | Q1'13 | Q1'12 | Q3'12 | Q2'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $816K-59.2% | $2.0M+160.3% | -$3.3M-18441.9% | $18K+102.2% | -$834K-28664.6% | -$3K-104.4% | $66K+177.7% | -$84K |
| Capital Expenditures | $691K+97.4% | $350K+151.2% | $139K | N/A | $0-100.0% | $2K-86.7% | $15K+7.4% | $14K |
| Free Cash Flow | $126K-92.4% | $1.7M+147.8% | -$3.5M | N/A | -$834K-17072.3% | -$5K-109.6% | $51K+151.8% | -$98K |
| Investing Cash Flow | -$5.7M-66.4% | -$3.4M-631.9% | $642K+264.9% | $176K+106.0% | -$2.9M+67.1% | -$8.9M-6.9% | -$8.4M+10.0% | -$9.3M |
| Financing Cash Flow | $3.7M+63.9% | $2.2M-15.4% | $2.7M+194.2% | -$2.8M-204.8% | $2.7M-63.8% | $7.4M-1.4% | $7.5M+38.6% | $5.4M |
| 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 |
CCNB Financial Ratios
| Metric | Q1'13 | Q1'12 | Q3'12 | Q2'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 0.9%-11.8pp | 12.7%+1.0pp | 11.8%+15.2pp | -3.4%+4.4pp | -7.8%-3.1pp | -4.7%+44.5pp | -49.2%+73.1pp | -122.3% |
| Return on Equity | 0.1%-0.9pp | 0.9%+0.1pp | 0.8% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.0%-0.1pp | 0.1%+0.0pp | 0.1%+0.1pp | -0.0%+0.1pp | -0.1%-0.0pp | -0.0%+0.4pp | -0.4% | N/A |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 6.31+0.3 | 6.02+0.1 | 5.89+0.1 | 5.77+0.1 | 5.70+0.3 | 5.44+0.4 | 5.02 | N/A |
| FCF Margin | 12.2%-147.7pp | 159.9%+506.5pp | -346.6% | N/A | -91.2%-90.7pp | -0.5%-7.2pp | 6.7%+21.8pp | -15.2% |
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Frequently Asked Questions
What is Coastal Carolina's annual revenue?
Coastal Carolina (CCNB) reported $3.9M in total revenue for fiscal year 2012. This represents a 22.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Coastal Carolina's revenue growing?
Coastal Carolina (CCNB) revenue grew by 22.6% year-over-year, from $3.2M to $3.9M in fiscal year 2012.
Is Coastal Carolina profitable?
Yes, Coastal Carolina (CCNB) reported a net income of $74K in fiscal year 2012, with a net profit margin of 1.9%.
What is Coastal Carolina's net profit margin?
Coastal Carolina (CCNB) had a net profit margin of 1.9% in fiscal year 2012, representing the share of revenue converted into profit after all expenses.
What is Coastal Carolina's return on equity (ROE)?
Coastal Carolina (CCNB) has a return on equity of 0.5% for fiscal year 2012, measuring how efficiently the company generates profit from shareholder equity.
What is Coastal Carolina's free cash flow?
Coastal Carolina (CCNB) generated -$1.3M in free cash flow during fiscal year 2012. This represents a -41.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Coastal Carolina's operating cash flow?
Coastal Carolina (CCNB) generated -$758K in operating cash flow during fiscal year 2012, representing cash generated from core business activities.
What are Coastal Carolina's total assets?
Coastal Carolina (CCNB) had $101.6M in total assets as of fiscal year 2012, including both current and long-term assets.
What are Coastal Carolina's capital expenditures?
Coastal Carolina (CCNB) invested $495K in capital expenditures during fiscal year 2012, funding long-term assets and infrastructure.
How many shares does Coastal Carolina have outstanding?
Coastal Carolina (CCNB) had 2M shares outstanding as of fiscal year 2012.
What is Coastal Carolina's debt-to-equity ratio?
Coastal Carolina (CCNB) had a debt-to-equity ratio of 6.02 as of fiscal year 2012, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Coastal Carolina's return on assets (ROA)?
Coastal Carolina (CCNB) had a return on assets of 0.1% for fiscal year 2012, measuring how efficiently the company uses its assets to generate profit.
What is Coastal Carolina's Piotroski F-Score?
Coastal Carolina (CCNB) has a Piotroski F-Score of 4 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 Coastal Carolina's earnings high quality?
Coastal Carolina (CCNB) has an earnings quality ratio of -10.18x, 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.
How financially healthy is Coastal Carolina?
Coastal Carolina (CCNB) scores 24 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.