NORTH AMERICA FRAC SAND (NAFS) Financials
Newest figures come from the 10-Q for Q1 FY2018, filed May 30, 2018. Each column of the statement tables below links to the filing it was taken from.
This page shows NORTH AMERICA FRAC SAND (NAFS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).
The reported balance sheet shows a thin asset base supporting liabilities far larger than assets, with no operating scale disclosed.
In FY2013, liabilities of$16K sat against assets of about$1K , leaving negative equity of$15K ; that structure makes financing position, rather than operating performance, the clearest reported signal.
Revenue, margins, and operating cash flow are unavailable in the one usable annual row, so the filings do not establish whether the company had an operating business generating cash.
The usable balance sheet also showed a current ratio of 0.0x, indicating reported current liabilities greatly exceeded current assets at that date.
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
NORTH AMERICA FRAC SAND does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
NORTH AMERICA FRAC SAND reported a net loss of $243K while generating $105K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
NORTH AMERICA FRAC SAND reported -$35K in net income in Q1 2018. This represents an increase of 29.1% from the same quarter a year earlier.
Not reported for Q1 2018.
Not reported for Q1 2018.
Not reported for Q1 2018.
Cash & Balance Sheet
Not reported for Q1 2018.
Not reported for Q1 2018.
Not reported for Q1 2018.
Margins & Returns
None of these metrics is reported for Q1 2018.
Capital Allocation
NORTH AMERICA FRAC SAND reported no research and development spending in Q1 2018.
Not reported for Q1 2018.
Not reported for Q1 2018.
NAFS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'1810-Q | Q4'1710-Q | Q3'1710-Q | Q2'1710-Q | Q1'1710-Q | Q4'1610-K | Q3'1610-Q | Q2'1610-Q |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | $0 | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | $355-47.3% | $75-98.8% | N/A | $2K+3.3% | $674+3109.5% |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | -$72K-265.6% | N/A |
| Interest Expense | $2K-3.8% | N/A | $2K-59.0% | -$1K | $2K | N/A | $5K | N/A |
| Net Income | -$35K+29.1% | N/A | -$51K+96.9% | -$103K | -$50K+25.6% | N/A | -$1.6M-8161.7% | N/A |
| EPS (Basic) | N/A | N/A | N/A | N/A | N/A | N/A | -$0.06 | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | -$0.02 | N/A |
| Diluted Shares (Avg) | N/A | N/A | N/A | N/A | N/A | N/A | 85M-99.6% | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, EBITDA, Income Tax.
NAFS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'1810-Q | Q4'1710-Q | Q3'1710-Q | Q2'1710-Q | Q1'1710-Q | Q4'1610-K | Q3'1610-Q | Q2'1610-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $0 | $0 | $0 | $0-100.0% | $0 | $0+100.0% | $0 | $11K |
| Current Assets | N/A | N/A | N/A | N/A | N/A | $0 | $0 | N/A |
| Cash & Equivalents | N/A | $0 | N/A | N/A | N/A | $0 | $0 | N/A |
| Short-Term Investments | N/A | $0 | N/A | N/A | N/A | $0 | $0 | N/A |
| Long-Term Investments | N/A | $0 | N/A | N/A | N/A | $0 | $0 | N/A |
| Total Liabilities | $857K+37.2% | $825K+43.8% | $789K+62.0% | $732K+202.2% | $625K+293.5% | $574K+524.6% | $487K+487.3% | $242K+282.5% |
| Current Liabilities | $857K+37.2% | $825K+43.8% | $789K+62.0% | $732K+202.2% | $625K+293.5% | $574K+524.6% | $487K+487.3% | $242K+282.5% |
| Non-Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Equity | -$857K-37.2% | -$825K-43.8% | -$789K-62.0% | -$732K-216.5% | -$625K-293.5% | -$574K-524.6% | -$487K-487.3% | -$231K-265.2% |
| Retained Earnings | -$36.5M-0.6% | -$36.4M-0.7% | -$36.4M-0.3% | -$36.3M-4.9% | -$36.2M-4.8% | -$36.2M-4.8% | -$36.3M-2.5% | -$34.6M-0.5% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
NAFS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'1810-Q | Q4'1710-Q | Q3'1710-Q | Q2'1710-Q | Q1'1710-Q | Q4'1610-K | Q3'1610-Q | Q2'1610-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1K+125.5% | $95K-46.9% | $6K-99.6% | $9K+122.6% | -$4K+58.3% | $179K+1643.6% | $1.4M+14791.3% | -$39K-10.7% |
| Stock-Based Compensation | $0 | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | -$5K | -$1.4M | N/A |
| Financing Cash Flow | -$1K-125.5% | -$97K+44.6% | N/A | N/A | $4K-58.3% | -$174K-1601.6% | $51K+455.2% | $50K+41.8% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
NAFS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$825K), 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.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| NORTH AMERICA FRAC SAND NAFS | FY2017 | N/A | -$243K | N/A | $216K | — |
| BIOADAPTIVES INC BDPT | FY2025 | $18K | N/A | N/A | $315K | — |
| NETBRANDS CORP NBND | FY2025 | $18K | N/A | N/A | $441K | — |
Where NORTH AMERICA FRAC SAND Ranks
Frequently Asked Questions
Is NORTH AMERICA FRAC SAND profitable?
No, NORTH AMERICA FRAC SAND (NAFS) reported a net income of -$243K in fiscal year 2017.
What is NORTH AMERICA FRAC SAND's operating cash flow?
NORTH AMERICA FRAC SAND (NAFS) generated $105K in operating cash flow during fiscal year 2017, representing cash generated from core business activities.
What are NORTH AMERICA FRAC SAND's total assets?
NORTH AMERICA FRAC SAND (NAFS) had $0 in total assets as of fiscal year 2017, including both current and long-term assets.
Why is NORTH AMERICA FRAC SAND's debt-to-equity ratio negative or not reported?
NORTH AMERICA FRAC SAND (NAFS) has negative shareholder equity of -$825K as of fiscal year 2017, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.
Are NORTH AMERICA FRAC SAND's earnings high quality?
NORTH AMERICA FRAC SAND (NAFS) reported a net loss of $243K while generating $105K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.