Food Culture Inc Financials
This page shows Food Culture Inc (FCUL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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
Food Culture Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Food Culture Inc generates $0.95 in operating cash flow (-$120K OCF vs -$126K 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
Food Culture Inc reported -$126K in net income in fiscal year 2012. This represents an increase of 68.0% from the prior year.
Food Culture Inc held $207 in cash against $0 in long-term debt as of fiscal year 2012.
Food Culture Inc had 139M shares outstanding in fiscal year 2012. This represents an increase of 92.8% from the prior year.
FCUL Income Statement
| Metric | Q4'12 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | -$28K+1.1% | -$29K+7.3% | -$31K | N/A | -$34K+77.9% | -$155K-27.8% | -$122K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FCUL Balance Sheet
| Metric | Q4'12 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $210K+13.2% | $185K-0.6% | $186K-2.1% | $190K+39.6% | $136K-6.6% | $146K-11.8% | $166K | N/A |
| Current Assets | $207+31.0% | $158-13.7% | $183-7.6% | $198+224.6% | $61+27.1% | $48-75.8% | $198 | N/A |
| Cash & Equivalents | $207+31.0% | $158-13.7% | $183-7.6% | $198+224.6% | $61+27.1% | $48-75.8% | $198-35.5% | $307 |
| 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 | $184K+33.6% | $138K+14.9% | $120K+9.9% | $109K+7.8% | $101K+56.3% | $65K+89.3% | $34K | N/A |
| Current Liabilities | $184K+33.6% | $138K+14.9% | $120K+9.9% | $109K+7.8% | $101K+56.3% | $65K+89.3% | $34K | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $26K-45.6% | $48K-28.3% | $67K-18.2% | $82K+130.5% | $35K-56.5% | $81K-38.0% | $131K | N/A |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FCUL Cash Flow Statement
| Metric | Q4'12 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q3'11 | Q2'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$59K-201.1% | -$20K+8.7% | -$21K-8.2% | -$20K+32.9% | -$29K-84.5% | -$16K+41.9% | -$27K-7.9% | -$25K |
| 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 | -$18K | $0 | $0+100.0% | -$450+31.4% | -$656 | N/A | N/A | N/A |
| Financing Cash Flow | $77K+296.3% | $20K-8.7% | $21K+5.0% | $20K-32.5% | $30K+41.0% | $21K-21.9% | $27K+9.7% | $25K |
| 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 |
FCUL Financial Ratios
| Metric | Q4'12 | Q3'12 | Q2'12 | Q1'12 | 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | -15.3%+0.1pp | -15.4%+0.9pp | -16.3% | N/A | -23.5%+70.4pp | -93.9% | N/A |
| Current Ratio | 0.000.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.01 | N/A |
| Debt-to-Equity | 7.06+4.2 | 2.88+1.1 | 1.80+0.5 | 1.34-1.5 | 2.86+2.1 | 0.79+0.5 | 0.26 | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is Food Culture Inc profitable?
No, Food Culture Inc (FCUL) reported a net income of -$126K in fiscal year 2012.
What is Food Culture Inc's operating cash flow?
Food Culture Inc (FCUL) generated -$120K in operating cash flow during fiscal year 2012, representing cash generated from core business activities.
What are Food Culture Inc's total assets?
Food Culture Inc (FCUL) had $210K in total assets as of fiscal year 2012, including both current and long-term assets.
How many shares does Food Culture Inc have outstanding?
Food Culture Inc (FCUL) had 139M shares outstanding as of fiscal year 2012.
What is Food Culture Inc's current ratio?
Food Culture Inc (FCUL) had a current ratio of 0.00 as of fiscal year 2012, which is below 1.0, which may suggest potential liquidity concerns.
What is Food Culture Inc's debt-to-equity ratio?
Food Culture Inc (FCUL) had a debt-to-equity ratio of 7.06 as of fiscal year 2012, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Food Culture Inc's return on assets (ROA)?
Food Culture Inc (FCUL) had a return on assets of -60.0% for fiscal year 2012, measuring how efficiently the company uses its assets to generate profit.
What is Food Culture Inc's cash runway?
Based on fiscal year 2012 data, Food Culture Inc (FCUL) had $207 in cash against an annual operating cash burn of $120K. This gives an estimated cash runway of approximately 0 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.
What is Food Culture Inc's Piotroski F-Score?
Food Culture Inc (FCUL) has a Piotroski F-Score of 3 out of 9, indicating weak 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 Food Culture Inc's earnings high quality?
Food Culture Inc (FCUL) has an earnings quality ratio of 0.95x, 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.