Majorpennystocks.com Reports on YRC Worldwide Inc (NASDAQ:YRCW)

Company Background

YRC Worldwide Inc (NASDAQ:YRCW) mainly operates through its subsidiaries and deals in transportation services around the globe. Based in Overland Park, Kansas, the company has three main business units which are YRC National Transportation unit, YRC Regional Transportation unit and YRC Truckload unit. YRC National Transportation unit is reported to have 8,710 owned tractors, 857 leased tractors, 34,133 owned trailers and 2,845 leased trailers. YRC Regional Transportation unit is reported to have 5,590 owned tractors, 13,093 owned trailers, 430 leased tractors and 50 leased trailers while the company’s Truckload unit has the fleet of 565 owned tractors and 1,977 owned trailers.

Industry Analysis

YRC Worldwide Inc (NASDAQ:YRCW) maintains the lowest market capitalization in its industry and is ranked 44^th among 45 trucking companies. Its market capitalization stood at $2.63 million as per its last trading session. The company maintains the revenue growth rate of 12.30 percent as compare to highest revenue growth rate of 172.72 percent in its industry.

Financial Analysis

YRC Worldwide Inc (NASDAQ:YRCW) generated the total revenue of $1.25 billion for the quarter ended June 30^th, 2011 as compared to revenue of $1.19 billion for the same period last year. The company reported the net loss of $42.13 million or loss of $0.88 per share for the respective quarter as compared to net income of $1.89 million or earnings of $0.04 per share last year.

The company’s total assets accumulate up to $2.58 billion out of which fixed assets have the highest proportion. The company maintains a strong short term liquidity position as per its current ratio of 1.25times.