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Profile - Asta Funding, Inc. (NasdaqNM:ASFI)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | SEC | Msgs | Insider
Recent Events
Aug 15Price hit new 52-week high ($12.24)
Location
210 Sylvan Avenue
Englewood Cliffs, NJ 07632
Phone: (201) 567-5648
Fax: (201) 569-6198
Email: info@astafunding.com
Employees (last reported count): 42
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Free Annual Report
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Consumer Financial Services
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 70%
·Institutional: 2% (7% of float)
(4 institutions)
·Net Inst. Selling: 1,000  shares (+1.30%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Asta Funding, Inc. is a diversified consumer finance company that is engaged in the business of purchasing, managing, servicing and selling distressed consumer receivables. Distressed consumer receivables are the unpaid debts of individuals that are owed to banks, finance companies and other credit providers. Most of Company's receivables are MasterCard and Visa credit card accounts that were charged-off by the issuing banks for non-payment. In March 2000, the Company formed Asta Commercial, LLC, a wholly owned subsidiary, to factor commercial invoices for growing companies with unique financing needs.
More from Market Guide: Expanded Business Description

Financial Summary
ASFI is a consumer finance company that is engaged in the business of purchasing, managing, servicing and selling distressed consumer receivables. For the six months ended 3/31/01, revenues increased 21% to $10.3 million. Net income increased 54% to $4 million. Revenues reflect increased interest income due to consumer receivables acquired for liquidation. Net income also reflects a decrease in interest expense due to a decline in outstanding borrowings.

Recent Earnings Announcement
For the 3 months ended 06/30/2001, revenues were 6,720; after tax earnings were 2,435. (Preliminary; reported in thousands of dollars.)

More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

Arthur Stern, 79
Chairman
$112K--  
Gary Stern, 48
Pres, CEO
277K--  
Mitchell Herman, 42
Sec., CFO
233K$18K
Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:ASFIAs of 31-Aug-2001
Price and Volume
52-Week Low
on 2-Jan-2001
$4.00 
Recent Price$12.20 
52-Week High
on 15-Aug-2001
$12.24 
Beta1.30 
Daily Volume (3-month avg)8,636 
Daily Volume (10-day avg)7,000 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change+103.3%
52-Week Change
relative to S&P500
+172.8%
Share-Related Items
Market Capitalization$48.4M
Shares Outstanding3.97M
Float1.20M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq*)$4.52 
Earnings (ttm)$1.96 
Earnings (mrq)$0.58 
Sales (ttm)$5.54 
Cash (mrq*)$0.59 
Valuation Ratios
Price/Book (mrq*)2.70 
Price/Earnings (ttm)6.21 
Price/Sales (ttm)2.20 
Income Statements
Sales (ttm)$22.8M
EBITDA (ttm*)$12.5M
Income available to common (ttm)$8.09M
Profitability
Profit Margin (ttm)35.5%
Operating Margin (ttm)60.2%
Fiscal Year
Fiscal Year EndsSep 30
Most recent quarter
(fully updated)
31-Mar-2001
Most recent quarter
(flash earnings)
30-June-2001
Management Effectiveness
Return on Assets (ttm)37.48%
Return on Equity (ttm)54.01%
Financial Strength
Current RatioN/A 
Debt/Equity (mrq*)0.37 
Total Cash (mrq)$0 
Short Interest
As of 8-Aug-2001
Shares Short33.0K
Percent of Float2.8%
Shares Short
(Prior Month)
34.0K
Short Ratio2.20 
Daily Volume15.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001, except mrq*/ttm* items as of 31-Mar-2001)

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