EMERITUS CORP\WA\
Healthcare · Services-Nursing & Personal Care Facilities · WA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | FY10 | FY09 | FY08 | |
|---|---|---|---|---|---|---|
| Revenue | $472.4M | $374.6M | $1.47B | $1.13B | $898.7M | $772.4M |
| Operating income | $32.5M | $19.9M | $61.7M | $59.6M | $48.9M | −$919,000 |
| Net income | −$39.8M | −$19.4M | −$71.9M | −$57.0M | −$53.9M | −$104.8M |
| Total assets | $4.59B | $4.66B | $2.81B | $2.61B | $2.09B | — |
| Total liabilities | $4.48B | $4.44B | $2.53B | $2.26B | $1.77B | — |
| Equity | $111.7M | $211.4M | $279.1M | $344.3M | $312.1M | $366.0M |
| EPS (diluted) | — | — | $-0.51 | $-1.42 | $-1.37 | $-2.68 |
| Shares out. | 45.9M | 45.0M | 44.2M | 44.2M | 39.3M | 39.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- 6.9%
- Net margin
- −8.4%
- Return on equity
- −35.6%
- Return on assets
- −0.9%
- Return on capital (ROCE)
- 0.8%
- Liabilities / assets
- 97.5%
- Debt / equity
- 40.12×
- Book value / share
- $2.43
- Revenue growth (YoY)
- 26.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2013- Altman Z″ (distress)
- -0.68distress
- Accruals / assets
- −3.0%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 2 warning● 4 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 15, 2004
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsAug 1, 2014
- Shareholder voteJul 11, 2014
- Other material eventJun 27, 2014
- Results of operationsMay 8, 2014
- Other material eventApr 17, 2014
- Entered a material agreement · Other material eventFeb 21, 2014
- Results of operationsFeb 20, 2014
- Results of operationsNov 5, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/AFeb 13, 2015
- 15-12BFORM 15-12BAug 11, 2014
- EFFECTAug 6, 2014
- EFFECTAug 6, 2014
- EFFECTAug 6, 2014
- S-8 POSS-8 POS (333-05965)Aug 5, 2014
- S-8 POSS-8 POS (333-60323)Aug 5, 2014
- S-8 POSS-8 POS (333-70580)Aug 5, 2014
- S-8 POSS-8 POS (333-126106)Aug 5, 2014
- S-8 POSS-8 POS (333-138414)Aug 5, 2014
- S-8 POSS-8 POS (333-145862)Aug 5, 2014
- S-8 POSS-8 POS (333-159573)Aug 5, 2014
- S-8 POSS-8 POS (333-167122)Aug 5, 2014
- S-8 POSS-8 POS (333-190347)Aug 5, 2014
- POS AMPOS AM (333-167448)Aug 5, 2014
Event-driven situations (1)
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