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Banyan Rail Svcs Inc (BARA)

Banyan Rail Svcs Inc (BARA)
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Banyan Rail Services Inc., formerly known as B.H.I.T Inc., is a railroad support service company headquartered in Boca Raton, Florida. It owns The Wood Energy Group, Inc., one of the nation's largest railroad tie reclamation and energy generation companies. Wood Energy reclaims railroad ties for Class I, regional and short-line railroads, and then disposes of the ties to either the energy co-generation or landscape markets. The Company also processes wood products for forest products companies for additional sources of biomass fuel. Wood Energy has principal contracts with Union Pacific Railroad and Canadian National Railway, as well as has contracts with International Paper, Mead Westvaco and others. Banyan Rail is seeking to strategically acquire leading companies that serve and support the rail industry, whether through track construction, track service and maintenance, rail inspection, rail materials manufacturing and reclamation, rail car storage, transfer facilities or equipment manufacturing.
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Sales 0 0 0 0 5,920
Sales Growth unch unch unch -100.00% +12.12%
Net Income -870 -1,100 -11,090 1,140 -8,920
Net Income Growth +20.91% +90.08% -1,072.81% +112.78% -974.70%
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Total Assets 140 340 400 40 3,140
Total Assets Growth -58.82% -15.00% +900.00% -98.73% -72.46%
Total Liabilities 900 310 310 600 5,990
Total Liabilities Growth +190.32% unch -48.33% -89.98% -9.38%
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Operating Cash Flow -790 -600 -300 -800 -1,610
Operating Cash Flow Growth -31.67% -100.00% +62.50% +50.31% -905.00%
Net Cash Flow -330 -80 380 20 -310
Change in Net Cash Flow -312.51% -121.05% +1,800.00% +106.45% -224.00%
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