MIRANT CORP
Utilities · Electric Services · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY09 | FY08 | FY07 | |
|---|---|---|---|
| Revenue | $2.31B | $3.19B | $2.02B |
| Operating income | $641.0M | $1.34B | $141.0M |
| Net income | $494.0M | $1.26B | $2.00B |
| Total assets | $9.57B | $10.69B | — |
| Total liabilities | — | — | — |
| Equity | $4.32B | $3.76B | $5.31B |
| EPS (diluted) | $3.41 | $6.36 | $7.20 |
| Shares out. | 144.9M | 144.6M | 277.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2009- Operating margin
- 27.8%
- Net margin
- 21.4%
- Return on equity
- 11.4%
- Return on assets
- 5.2%
- Return on capital (ROCE)
- 8.9%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $29.77
- Revenue growth (YoY)
- −27.6%
- Net income growth (YoY)
- −60.9%
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 · FY2009- Accruals / assets
- −3.4%clean
- Piotroski F-Score
- 4/8mixed
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
● 1 severe● 1 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- 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 ↗May 11, 2004
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2004
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2003
- NT 10-Qmissed a reporting deadline ↗May 15, 2003
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2003
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2002
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- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventDec 7, 2010
- Results of operationsNov 5, 2010
- Shareholder vote · Regulation FD disclosureOct 25, 2010
- Entered a material agreement · New financial obligationOct 13, 2010
- Entered a material agreement · New financial obligationOct 8, 2010
- Entered a material agreement · New financial obligation · Modified shareholder rights · Regulation FD disclosureSep 21, 2010
- Regulation FD disclosureSep 8, 2010
- Results of operationsAug 6, 2010
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/ASCHEDULE 13G HOLDINGS REPORT AMENDMENTFeb 14, 2011
- SC 13G/AMS EXITFeb 14, 2011
- 25-NSE/AFeb 7, 2011
- 25-NSEFeb 7, 2011
- 25-NSEJan 5, 2011
- 25-NSEJan 3, 2011
- 25-NSEJan 3, 2011
- 15-12BFORM 15-12BDec 22, 2010
- 4FORM 4 -Dec 7, 2010
- 4FORM 4 -Dec 7, 2010
- 4FORM 4 -Dec 7, 2010
- 4FORM 4 -Dec 7, 2010
- 4FORM 4 -Dec 7, 2010
- 4FORM 4 -Dec 7, 2010
- 4FORM 4 -Dec 7, 2010
Event-driven situations (2)
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