Event-Driven Stocks

METROPOLITAN HEALTH NETWORKS INC

Healthcare · Services-Offices & Clinics of Doctors of Medicine · FL · SEC filings ↗ · Compare ⊕

Signs● 5 good● 3 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY11FY10FY09
Revenue$459.8M$368.2M$354.4M
Operating income$55.1M$41.3M$23.0M
Net income$22.7M$25.7M$14.4M
Total assets$469.7M$74.7M—
Total liabilities$365.1M$7.0M—
Equity$104.6M$67.8M$42.9M
EPS (diluted)$0.53$0.62$0.31
Shares out.43.8M40.8M—

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2011
Operating margin
12.0%
Net margin
4.9%
Return on equity
21.7%
Return on assets
4.8%
Return on capital (ROCE)
12.5%
Liabilities / assets
77.7%
Debt / equity
3.49×
Book value / share
$2.39
Revenue growth (YoY)
24.9%
Net income growth (YoY)
−11.6%

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 · FY2011
Altman Z″ (distress)
2.16grey zone
Accruals / assets
−0.3%clean
Beneish M-Score
-1.47elevated
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 Score
67
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 50

Our 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.

Signs

● 1 severe● 3 warning● 5 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • High leverage (liabilities > 70% of assets)
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Strong return on equity (>15%)
  • 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

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

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 ↗

Event-driven situations (1)