BRST Banyan Rail Services Inc.

"The Company considers all cash, bank deposits and highly liquid investments with an original maturity of three months or less to be cash equivalents."

distress relevance: 0.62 market specificity: 1.00 score: 0.616 mda

anchor: maturity of debt obligations may require significant cash

"The following is a summary of our cash flow activity for the years ended December 31, 2011 and 2010."

distress relevance: 0.62 market specificity: 1.00 score: 0.616 mda

anchor: we are experiencing significant cash outflows

"Expenditures for maintenance and repairs are charged to Valuation of Long-Lived Assets The Company reviews long-lived assets for possible impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable."

distress relevance: 0.61 market specificity: 1.00 score: 0.613 mda

anchor: material impairment charges on our investment portfolio

"As of December 31, 2011, the Company is in compliance with the financial covenants of our term loan and credit lines."

distress relevance: 0.60 market specificity: 1.00 score: 0.603 mda

anchor: our debt covenants restrict our ability to operate

"We review our financial reporting and disclosure practices and accounting policies quarterly to ensure that they provide accurate and transparent information relative to the current economic and business environment."

distress relevance: 0.59 market specificity: 1.00 score: 0.589 mda

anchor: our internal controls over financial reporting are not effective

"We are also exploring additional sources of financing to fund such possible opportunities."

distress relevance: 0.71 market specificity: 1.00 score: 0.709 mda

anchor: we may need to raise additional capital to fund operations

"However, we cannot guarantee we will be able to obtain adequate financing on acceptable terms."

distress relevance: 0.64 market specificity: 1.00 score: 0.635 mda

anchor: we may be unable to refinance our existing debt

"The Company considers all cash, bank deposits and highly liquid investments with an original maturity of three months or less to be cash equivalents."

distress relevance: 0.62 market specificity: 1.00 score: 0.616 mda

anchor: maturity of debt obligations may require significant cash

"The following is a summary of our cash flow activity for the years ended December 31, 2010 and 2009."

distress relevance: 0.61 market specificity: 1.00 score: 0.610 mda

anchor: we are experiencing significant cash outflows

"We review our financial reporting and disclosure practices and accounting policies quarterly to ensure that they provide accurate and transparent information relative to the current economic and business environment."

distress relevance: 0.59 market specificity: 1.00 score: 0.589 mda

anchor: our internal controls over financial reporting are not effective