Asta Funding, Inc. (ASFI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
210 SYLVAN AVE ENGLEWOOD CLIFFS, NJ 07632 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 6153 - Short-Term Business Credit Institutions, Except Agricultural (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2020 MRQ | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 12,444 | 6,284 | 17,591 | 18,526 | 24,315 | 28,710 | |||
| Cash and cash equivalents | 4,308 | 6,284 | 17,591 | 18,526 | 24,315 | 28,710 | |||
| Short-term investments | 8,136 | ||||||||
| Total current assets: | 12,444 | 6,284 | 17,591 | 18,526 | 24,315 | 28,710 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 120 | 100 | 124 | 243 | 480 | 756 | |||
| Long-term investments and receivables | 5,470 | 10,981 | 54,178 | 48,289 | 36,668 | 32,352 | |||
| Long-term investments | 5,470 | 10,981 | 54,178 | 48,289 | 36,668 | 32,352 | |||
| Intangible assets, net (including goodwill) | 1,410 | 1,410 | 1,410 | 2,770 | 2,770 | 2,770 | |||
| Goodwill | 1,410 | 1,410 | 1,410 | 2,770 | 2,770 | 2,770 | |||
| Total noncurrent assets: | 7,000 | 12,491 | 55,712 | 51,302 | 39,918 | 35,878 | |||
| Other undisclosed assets | 71,241 | 67,540 | 128,235 | 186,220 | 173,139 | 152,550 | |||
| TOTAL ASSETS: | 90,685 | 86,315 | 201,538 | 256,048 | 237,372 | 217,138 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Other liabilities | 525 | 423 | 461 | ||||||
| Total current liabilities: | 525 | 423 | 461 | ||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 57,300 | 47,000 | 12,700 | ||||||
| Long-term debt, excluding current maturities | 57,300 | 47,000 | 12,700 | ||||||
| Total noncurrent liabilities: | 57,300 | 47,000 | 12,700 | ||||||
| Other undisclosed liabilities | 1,516 | 2,281 | 86,731 | 16,077 | 8,629 | 22,721 | |||
| Total liabilities: | 1,516 | 2,281 | 86,731 | 73,902 | 56,052 | 35,882 | |||
| Equity | |||||||||
| Equity, attributable to parent | 89,169 | 84,034 | 114,807 | 182,791 | 182,317 | 181,969 | |||
| Common stock | 135 | 135 | 134 | 133 | 131 | 130 | |||
| Treasury stock, value | (67,972) | (67,128) | (67,128) | (12,925) | (1,751) | ||||
| Additional paid in capital | 68,558 | 68,551 | 68,047 | 67,026 | 65,011 | 63,102 | |||
| Accumulated other comprehensive income (loss) | 276 | 35 | 18 | 86 | (1,685) | 142 | |||
| Retained earnings | 88,172 | 82,441 | 113,736 | 128,471 | 120,611 | 118,595 | |||
| Equity, attributable to noncontrolling interest | (645) | (997) | (713) | ||||||
| Total equity: | 89,169 | 84,034 | 114,807 | 182,146 | 181,320 | 181,256 | |||
| TOTAL LIABILITIES AND EQUITY: | 90,685 | 86,315 | 201,538 | 256,048 | 237,372 | 217,138 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2020 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 23,444 | 21,545 | 21,439 | 58,713 | 44,178 | 60,085 | ||
| Revenue, net | ✕ | ✕ | ✕ | 57,128 | 42,491 | 32,207 | ||
| Financial services revenue | ✕ | ✕ | ✕ | 19,755 | 27,751 | |||
| Other income | 2,300 | 4,500 | (100) | 1,700 | ✕ | |||
| Cost of revenue | (312) | (1,000) | (3,387) | (2,395) | (1,351) | |||
| Financial services costs | ✕ | ✕ | ✕ | (524) | ||||
| Other undisclosed gross profit | 5,523 | (94) | ||||||
| Gross profit: | 23,132 | 26,068 | 21,345 | 55,326 | 41,783 | 58,734 | ||
| Operating expenses | (13,378) | (15,429) | (31,900) | (41,797) | (36,933) | (47,692) | ||
| Operating income (loss): | 9,754 | 10,639 | (10,555) | 13,529 | 4,850 | 11,042 | ||
| Nonoperating income | 8,004 | 27,900 | ||||||
| Investment income, nonoperating | 7,146 | 2,840 | ||||||
| Other nonoperating income | 1,687 | 1,777 | ||||||
| Interest and debt expense | (20) | (240) | (3,223) | (2,395) | 24,841 | |||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 46 | (1,019) | 3,495 | 3,223 | (5,609) | (52,741) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 9,800 | 9,600 | (7,300) | 13,529 | 4,850 | 11,042 | ||
| Income (loss) from equity method investments | (87) | 750 | 4,619 | |||||
| Other undisclosed income (loss) from continuing operations before income taxes | 41 | (711) | (4,624) | |||||
| Income (loss) from continuing operations before income taxes: | 9,754 | 9,639 | (7,305) | 13,529 | 4,850 | 11,042 | ||
| Income tax expense | (2,579) | (5,502) | (1,077) | (2,901) | (2,122) | (4,613) | ||
| Income (loss) from continuing operations: | 7,175 | 4,137 | (8,382) | 10,628 | 2,728 | 6,429 | ||
| Income (loss) before gain (loss) on sale of properties: | 7,175 | 4,181 | (4,971) | 10,628 | 2,728 | 6,429 | ||
| Income from discontinued operations | 44 | 3,411 | ||||||
| Other undisclosed net loss | (124) | (8,031) | ||||||
| Net income (loss): | 7,175 | 4,057 | (13,002) | 10,628 | 2,728 | 6,429 | ||
| Net loss attributable to noncontrolling interest | (2,768) | (712) | (528) | |||||
| Net income (loss) available to common stockholders, diluted: | 7,175 | 4,057 | (13,002) | 7,860 | 2,016 | 5,901 | ||
Comprehensive Income ($ in thousands)
| 6/30/2020 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 7,175 | 4,057 | (13,002) | 10,628 | 2,728 | 6,429 | ||
| Other comprehensive income (loss) | 17 | (785) | 1,771 | (1,827) | 816 | |||
| Comprehensive income (loss): | 7,175 | 4,074 | (13,787) | 12,399 | 901 | 7,245 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2,768) | (712) | (528) | |||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 2,768 | 712 | 528 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 7,175 | 4,074 | (13,787) | 12,399 | 901 | 7,245 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.