Drive Shack Inc (DS) Files 10-K for the Fiscal Year Ended on December 31, 2017

Drive Shack Inc (DS, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Drive Shack Inc. is a owner and operator of golf-related leisure and entertainment businesses. It's operating business segments are Traditional Golf properties, Entertainment Golf venues and Debt Investments. Drive Shack Inc has a market cap of $328.858 million; its shares were traded at around $4.91 with and P/S ratio of 0.79.

For the last quarter Drive Shack Inc reported a revenue of $70.4 million, compared with the revenue of $189.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $292.5 million, a decrease of 29.6% from the previous year. For the last five years Drive Shack Inc had an average revenue growth rate of 0.3% a year.

The reported loss per diluted share was 71 cents for the year, compared with the earnings per share of $0.24 in the previous year. The Drive Shack Inc had an operating margin of -15.35%, compared with the operating margin of 18.65% a year before. The 10-year historical median operating margin of Drive Shack Inc is 19.18%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Drive Shack Inc has the cash and cash equivalents of $167.7 million, compared with $144.2 million in the previous year. The long term debt was $163.3 million, compared with $166.5 million in the previous year. Drive Shack Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $4.91, Drive Shack Inc is traded at 182.2% premium to its historical median P/S valuation band of $1.74. The P/S ratio of the stock is 0.79, while the historical median P/S ratio is 0.28. The stock gained 19.17% during the past 12 months.

For the complete 20-year historical financial data of DS, click here.