HBMD · Howard Bancorp Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $2.30M | $2.30M | $2.10M | $1.30M | $1.20M | $599.0K |
| Operating Income | ($13.35M) | $22.07M | ($4.72M) | $10.35M | $8.24M | $2.12M |
| Interest Expense | $12.76M | $22.12M | $13.77M | $5.17M | $4.56M | $3.07M |
| Income Tax | $3.65M | $5.19M | ($897.0K) | $3.15M | $2.94M | $973.0K |
| Net Income | ($16.99M) | $16.88M | ($3.83M) | $7.20M | $5.30M | $1.14M |
| EPS - Basic | ($0.91) | $0.89 | ($0.22) | $0.75 | $0.74 | $0.16 |
| EPS - Diluted | ($0.91) | $0.89 | ($0.22) | $0.75 | $0.73 | $0.16 |
Balance Sheet
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | - | - | - | - | $38.73M | $41.08M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $2.54B | $2.37B | $2.27B | $1.15B | $1.03B | $946.76M |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $28.44M | $83.24M | $142.08M | $18.54M | $20.52M | $29.71M |
| Total Liabilities | $2.24B | $2.06B | $1.97B | $1.02B | $941.17M | $853.86M |
| Stockholders' Equity | $294.63M | $314.15M | $294.68M | $132.25M | $85.79M | $92.90M |
| Retained Earnings | $18.17M | $35.16M | $18.28M | $22.11M | $14.85M | $9.71M |
Cash Flow
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $60.67M | $20.56M | $54.81M | $2.31M | $2.84M | ($7.43M) |
| Investing Cash Flow | ($273.21M) | ($83.27M) | ($31.31M) | ($78.66M) | ($79.19M) | ($33.76M) |
| Financing Cash Flow | $177.18M | $71.18M | $49.03M | $77.38M | $77.38M | $55.02M |
| CapEx | $1.15M | $1.43M | $1.94M | $409.0K | $627.0K | $5.27M |
| Free Cash Flow | $59.51M | $19.13M | $52.87M | $1.90M | $2.21M | ($12.71M) |
Ratios
| Metric | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | -3.50 | 1.13 | -13.81 | 0.26 | 0.42 | -11.13 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | 23.5% | - | 30.4% | 35.6% | 46.0% |
| Return on assets | -0.7% | 0.7% | -0.2% | 0.6% | 0.5% | 0.1% |
| Return on equity | -5.8% | 5.4% | -1.3% | 5.4% | 6.2% | 1.2% |
| Return on invested capital | -3.3% | 4.2% | -0.9% | 4.8% | 5.0% | 0.9% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 0.10 | 0.26 | 0.48 | 0.14 | 0.24 | 0.32 |
| Debt / Assets | 0.01 | 0.04 | 0.06 | 0.02 | 0.02 | 0.03 |
| Debt / EBITDA | - | 3.42 | - | 1.59 | 2.17 | 10.95 |
| Interest coverage | -1.0x | 1.0x | -0.3x | 2.0x | 1.8x | 0.7x |
| Equity multiplier | 8.61 | 7.56 | 7.69 | 8.70 | 11.97 | 10.19 |
| Liabilities / Assets | 0.88 | 0.87 | 0.87 | 0.88 | 0.92 | 0.90 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | 25.6% | 289.6% | -87.7% |
| Net income growth (YoY) | - | - | - | 35.8% | 364.4% | -89.0% |
| EPS growth (YoY) | - | - | - | 2.7% | 356.2% | -93.5% |
| EPS CAGR (3y) | - | 6.8% | - | -32.9% | 18.4% | -19.8% |
| EPS CAGR (5y) | - | -18.5% | - | 19.3% | - | - |
| FCF growth (YoY) | 211.1% | -63.8% | 2685.5% | -14.2% | - | 61.6% |
| FCF CAGR (5y) | - | - | 78.0% | -10.9% | - | - |
| Book value growth (YoY) | -6.2% | 6.6% | 122.8% | 54.2% | -7.7% | 55.8% |
Stability scores
Piotroski F-score
FY 2020 · 9-point quality
4/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: State Commercial Banks
Comparing Howard Bancorp Inc against the 5 most active filers in the same SIC group.