Havana Roasters Coffee Companies Inc Financials
This page shows Havana Roasters Coffee Companies Inc (THRC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).
Balance-sheet strain dominates the valid data: the company appears funded by liabilities rather than operating assets.
In FY2013, cash matched total assets, but current liabilities were$16K and equity was-$15K , leaving a 0.04x current ratio. That combination suggests the reported entity had little operating asset base and was being held up mainly by unpaid obligations rather than by capital invested in the business.
A balance sheet where nearly all validated assets are cash, yet liabilities are many times larger, usually means liquidity is extremely thin and there is no real asset cushion if losses continue. In practical terms, meeting claims would depend more on restructuring or new funding than on monetizing existing assets.
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
Based on FY2017 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Havana Roasters Coffee Companies Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Havana Roasters Coffee Companies Inc carries a low D/E ratio of -1.00, meaning only $-1.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
For every $1 of reported earnings, Havana Roasters Coffee Companies Inc generates $-0.43 in operating cash flow ($105K OCF vs -$243K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Havana Roasters Coffee Companies Inc reported -$243K in net income in fiscal year 2017. This represents an increase of 85.5% from the prior year.
Cash & Balance Sheet
Havana Roasters Coffee Companies Inc held $0 in cash against $0 in long-term debt as of fiscal year 2017.
Havana Roasters Coffee Companies Inc had 70M shares outstanding in fiscal year 2017. This represents an increase of 23.1% from the prior year.
Margins & Returns
Capital Allocation
Havana Roasters Coffee Companies Inc invested $0 in research and development in fiscal year 2017.
THRC Income Statement
| Metric | Q1'18 | Q4'17 | Q3'17 | Q2'17 | Q1'17 | Q4'16 | Q3'16 | Q2'16 |
|---|---|---|---|---|---|---|---|---|
| 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 | $0 | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | $355+373.3% | $75 | N/A | $2K+252.5% | $674 |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | -$72K | N/A |
| Interest Expense | $2K | N/A | $2K+257.8% | -$1K-161.0% | $2K | N/A | $5K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$35K | N/A | -$51K+50.7% | -$103K-106.2% | -$50K | N/A | -$1.6M | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | $-0.02 | N/A |
THRC Balance Sheet
| Metric | Q1'18 | Q4'17 | Q3'17 | Q2'17 | Q1'17 | Q4'16 | Q3'16 | Q2'16 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $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 |
| 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 | $857K+3.9% | $825K+4.6% | $789K+7.7% | $732K+17.1% | $625K+8.9% | $574K+17.9% | $487K+101.0% | $242K |
| Current Liabilities | $857K+3.9% | $825K+4.6% | $789K+7.7% | $732K+17.1% | $625K+8.9% | $574K+17.9% | $487K+101.0% | $242K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$857K-3.9% | -$825K-4.6% | -$789K-7.7% | -$732K-17.1% | -$625K-8.9% | -$574K-17.9% | -$487K-110.5% | -$231K |
| Retained Earnings | -$36.5M-0.1% | -$36.4M-0.1% | -$36.4M-0.1% | -$36.3M-0.3% | -$36.2M-0.1% | -$36.2M+0.2% | -$36.3M-4.7% | -$34.6M |
THRC Cash Flow Statement
| Metric | Q1'18 | Q4'17 | Q3'17 | Q2'17 | Q1'17 | Q4'16 | Q3'16 | Q2'16 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1K-98.8% | $95K+1485.4% | $6K-31.9% | $9K+297.5% | -$4K-102.5% | $179K-86.8% | $1.4M+3588.3% | -$39K |
| 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 | N/A | -$5K+99.7% | -$1.4M | N/A |
| Financing Cash Flow | -$1K+98.8% | -$97K | N/A | N/A | $4K+102.6% | -$174K-438.6% | $51K+3.0% | $50K |
| 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 |
THRC Financial Ratios
| Metric | Q1'18 | Q4'17 | Q3'17 | Q2'17 | Q1'17 | Q4'16 | Q3'16 | Q2'16 |
|---|---|---|---|---|---|---|---|---|
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | 0.000.0 | 0.00 | N/A |
| Debt-to-Equity | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.00+0.0 | -1.05 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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.
Frequently Asked Questions
Is Havana Roasters Coffee Companies Inc profitable?
No, Havana Roasters Coffee Companies Inc (THRC) reported a net income of -$243K in fiscal year 2017.
What is Havana Roasters Coffee Companies Inc's operating cash flow?
Havana Roasters Coffee Companies Inc (THRC) generated $105K in operating cash flow during fiscal year 2017, representing cash generated from core business activities.
What are Havana Roasters Coffee Companies Inc's total assets?
Havana Roasters Coffee Companies Inc (THRC) had $0 in total assets as of fiscal year 2017, including both current and long-term assets.
What is Havana Roasters Coffee Companies Inc's debt-to-equity ratio?
Havana Roasters Coffee Companies Inc (THRC) had a debt-to-equity ratio of -1.00 as of fiscal year 2017, measuring the company's financial leverage by comparing total debt to shareholder equity.
Why is Havana Roasters Coffee Companies Inc's debt-to-equity ratio negative or unusual?
Havana Roasters Coffee Companies Inc (THRC) has negative shareholder equity of -$825K as of fiscal year 2017, 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.
Are Havana Roasters Coffee Companies Inc's earnings high quality?
Havana Roasters Coffee Companies Inc (THRC) has an earnings quality ratio of -0.43x, considered mixed quality. 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 Havana Roasters Coffee Companies Inc?
Havana Roasters Coffee Companies Inc (THRC) scores 17 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.