Ready Welder Corp

EDGAR

6 filing records in this dataset, filed from 2009-08-21 to 2010-12-14. Explore the available filing history and original sources.

Watchlist

Latest quarter

Revenue

239 thousand USD

2010-09-30 · USD

Exact inputs and evidence

Operating margin

-20.84%

2010-09-30 · %

Exact inputs and evidence
  • Operating Income: -49822 USD Source
  • Revenue: 239038 USD Source

Operating cash flow

50.9 thousand USD

2010-09-30 · USD

Exact inputs and evidence
  • Operating Cash Flow: 90048 USD Source
  • Operating Cash Flow: 39180 USD Source

Free cash flow

49.5 thousand USD

2010-09-30 · USD

Exact inputs and evidence
  • Operating Cash Flow: 90048 USD Source
  • Operating Cash Flow: 39180 USD Source
  • Capital Expenditure: 1376 USD Source
  • Capital Expenditure: 0 USD Source
Cash and cash equivalents
159 thousand USD Source
Exact value

158946 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

1.13 million USD

2009-10-01 – 2010-09-30

Exact inputs and evidence
  • Revenue: 631757 USD · 2009-01-01 – 2009-12-31 Source
  • Revenue: 370664 USD · 2009-01-01 – 2009-09-30 Source
  • Revenue: 260703 USD · 2010-01-01 – 2010-03-31 Source
  • Revenue: 373602 USD · 2010-04-01 – 2010-06-30 Source
  • Revenue: 239038 USD · 2010-07-01 – 2010-09-30 Source

Net income

107 thousand USD

2009-10-01 – 2010-09-30

Exact inputs and evidence
  • Net income: -77554 USD · 2009-01-01 – 2009-12-31 Source
  • Net income: -188535 USD · 2009-01-01 – 2009-09-30 Source
  • Net income: -14183 USD · 2010-01-01 – 2010-03-31 Source
  • Net income: 59840 USD · 2010-04-01 – 2010-06-30 Source
  • Net income: -49922 USD · 2010-07-01 – 2010-09-30 Source

Operating cash flow

191 thousand USD

2009-10-01 – 2010-09-30

Exact inputs and evidence
  • Operating cash flow: -163728 USD · 2009-01-01 – 2009-12-31 Source
  • Operating cash flow: -264600 USD · 2009-01-01 – 2009-09-30 Source
  • Operating cash flow: 29747 USD · 2010-01-01 – 2010-03-31 Source
  • Operating cash flow: 39180 USD · 2010-01-01 – 2010-06-30 Source
  • Operating cash flow: 29747 USD · 2010-01-01 – 2010-03-31 Source
  • Operating cash flow: 90048 USD · 2010-01-01 – 2010-09-30 Source
  • Operating cash flow: 39180 USD · 2010-01-01 – 2010-06-30 Source

Capital expenditure

1.38 thousand USD

2009-10-01 – 2010-09-30

Exact inputs and evidence
  • Capital expenditure: 1025 USD · 2009-01-01 – 2009-12-31 Source
  • Capital expenditure: 1025 USD · 2009-01-01 – 2009-09-30 Source
  • Capital expenditure: 0 USD · 2010-01-01 – 2010-03-31 Source
  • Capital expenditure: 0 USD · 2010-01-01 – 2010-06-30 Source
  • Capital expenditure: 0 USD · 2010-01-01 – 2010-03-31 Source
  • Capital expenditure: 1376 USD · 2010-01-01 – 2010-09-30 Source
  • Capital expenditure: 0 USD · 2010-01-01 – 2010-06-30 Source

Free cash flow

190 thousand USD

2009-10-01 – 2010-09-30

Exact inputs and evidence
  • Operating cash flow: -163728 USD · 2009-01-01 – 2009-12-31 Source
  • Operating cash flow: -264600 USD · 2009-01-01 – 2009-09-30 Source
  • Operating cash flow: 29747 USD · 2010-01-01 – 2010-03-31 Source
  • Operating cash flow: 39180 USD · 2010-01-01 – 2010-06-30 Source
  • Operating cash flow: 29747 USD · 2010-01-01 – 2010-03-31 Source
  • Operating cash flow: 90048 USD · 2010-01-01 – 2010-09-30 Source
  • Operating cash flow: 39180 USD · 2010-01-01 – 2010-06-30 Source
  • Capital expenditure: 1025 USD · 2009-01-01 – 2009-12-31 Source
  • Capital expenditure: 1025 USD · 2009-01-01 – 2009-09-30 Source
  • Capital expenditure: 0 USD · 2010-01-01 – 2010-03-31 Source
  • Capital expenditure: 0 USD · 2010-01-01 – 2010-06-30 Source
  • Capital expenditure: 0 USD · 2010-01-01 – 2010-03-31 Source
  • Capital expenditure: 1376 USD · 2010-01-01 – 2010-09-30 Source
  • Capital expenditure: 0 USD · 2010-01-01 – 2010-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2010-12-14.

Financial data available through: 2009-12-31.

Coverage by financial measure
  • Revenue: 2 of 11 periods available· newest 2009-12-31
  • Operating income: 2 of 11 periods available· newest 2009-12-31
  • Net income: 2 of 11 periods available· newest 2009-12-31
  • Operating cash flow: 2 of 11 periods available· newest 2009-12-31
  • Capital expenditure: 2 of 11 periods available· newest 2009-12-31
  • Total assets: 2 of 11 periods available· newest 2009-12-31
  • Total liabilities: 2 of 11 periods available· newest 2009-12-31
  • Current assets: 2 of 11 periods available· newest 2009-12-31
  • Current liabilities: 2 of 11 periods available· newest 2009-12-31
  • Cash and cash equivalents: 2 of 11 periods available· newest 2009-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -68.9%

    Prior period

    USD 2.03 million

    –

    Current period

    USD 631,757

    –

    Exact inputs and evidence

    631757 − 2032721 = -1400964 USD

    2032721 USD · 2008-01-01 – 2008-12-31

    Inspect prior input Prior source

    631757 USD · 2009-01-01 – 2009-12-31

    Inspect current input Current source
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  • Net income

    -116.7%

    Prior period

    USD 464,082

    –

    Current period

    −USD 77,554

    –

    Exact inputs and evidence

    -77554 − 464082 = -541636 USD

    464082 USD · 2008-01-01 – 2008-12-31

    Inspect prior input Prior source

    -77554 USD · 2009-01-01 – 2009-12-31

    Inspect current input Current source
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  • Operating cash flow

    -157.6%

    Prior period

    USD 284,036

    –

    Current period

    −USD 163,728

    –

    Exact inputs and evidence

    -163728 − 284036 = -447764 USD

    284036 USD · 2008-01-01 – 2008-12-31

    Inspect prior input Prior source

    -163728 USD · 2009-01-01 – 2009-12-31

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  • Capital expenditure

    -89%

    Prior period

    USD 9,339

    –

    Current period

    USD 1,025

    –

    Exact inputs and evidence

    1025 − 9339 = -8314 USD

    9339 USD · 2008-01-01 – 2008-12-31

    Inspect prior input Prior source

    1025 USD · 2009-01-01 – 2009-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2009 2009-01-01 – 2009-12-31

  • Revenue USD 631,757 100% of revenue
  • Operating costs Derived USD 658,832 104% of revenue
  • Operating income −USD 27,075 −4.3% of revenue
  • Tax, interest and other Derived USD 50,479 8% of revenue
  • Net income −USD 77,554 −12% of revenue

Cash

  • Operating cash flow −USD 163,728 −26% of revenue
  • Capital expenditure USD 1,025 0.2% of revenue
  • Free cash flow Derived −USD 164,753 −26% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2008 23%21%56%
  • 2009 Operating loss: operating costs were 104% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2008 2008-01-01 – 2008-12-312032721 1140027 Derived 892694 428612 Derived 464082 274697 Derived
Source
2009 2009-01-01 – 2009-12-31631757 658832 Derived -27075 50479 Derived -77554 -164753 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 631.8K 2009
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.2M1.6M1.1M548.8K0.020082009
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2008Revenue2032721
2009Revenue631757

Revenue growth

Change in revenue from the same financial period one year earlier.

-68.9% 2009
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6%-14%-34%-54%-74%20082009
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2008Year over yearNo prior comparable period
2009Year over year-68.9%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -4.3% 2009
Net margin -12.3% 2009
Free cash flow margin -26.1% 2009
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.50%29%9%-11%-32%20082009
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2008Operating margin43.9%
2009Operating margin-4.3%
2008Net margin22.8%
2009Net margin-12.3%
2008Free cash flow margin13.5%
2009Free cash flow margin-26.1%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -163.7K 2009
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.319.9K190.0K60.2K-69.7K-199.5K20082009
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2008Operating cash flow284036
2009Operating cash flow-163728

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -164.8K 2009
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.309.9K182.4K55.0K-72.5K-199.9K20082009
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2008Free cash flow274697
2009Free cash flow-164753

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

8.3% 2009
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.254%190%127%63%0%20082009
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2008Liabilities / assets235%
2009Liabilities / assets8.3%

Current assets to current liabilities

Current assets divided by current liabilities.

11.14× 2009
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.03×9.02×6.01×3.01×0.00×20082009
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2008Current assets / current liabilities0.4×
2009Current assets / current liabilities11.14×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2008 2008-01-01 – 2008-12-31
USD 464,082
Exact value

Exact value: 464082 USD

2008-01-01 – 2008-12-31: 464082 USD Inspect Net Income Open source
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USD 284,036
Exact value

Exact value: 284036 USD

2008-01-01 – 2008-12-31: 284036 USD Inspect Operating Cash Flow Open source
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USD 9,339
Exact value

Exact value: 9339 USD

2008-01-01 – 2008-12-31: 9339 USD Inspect Capital Expenditure Open source
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USD 274,697
Calculation and evidence

284036 − 9339 USD

Exact free cash flow: 274697 USD

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2009 2009-01-01 – 2009-12-31
−USD 77,554
Exact value

Exact value: -77554 USD

2009-01-01 – 2009-12-31: -77554 USD Inspect Net Income Open source
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−USD 163,728
Exact value

Exact value: -163728 USD

2009-01-01 – 2009-12-31: -163728 USD Inspect Operating Cash Flow Open source
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USD 1,025
Exact value

Exact value: 1025 USD

2009-01-01 – 2009-12-31: 1025 USD Inspect Capital Expenditure Open source
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−USD 164,753
Calculation and evidence

-163728 − 1025 USD

Exact free cash flow: -164753 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

6 filings · 0 latest values · 0 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001453114, 1453114, edgar:1453114