UNITED MORTGAGE TRUST
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|---|
| Revenue | $1.2M | $1.3M | $1.2M | $1.4M | $2.3M | $9.1M |
| Operating income | — | — | — | — | — | — |
| Net income | $110,130 | $82,572 | $250,613 | $574,999 | $1.2M | $4.2M |
| Total assets | $192.6M | $182.1M | $185.3M | $176.6M | $168.2M | — |
| Total liabilities | $97.4M | $87.8M | $88.3M | $77.5M | $67.0M | — |
| Equity | $91.2M | $94.3M | $96.9M | $99.1M | $101.1M | $101.9M |
| EPS (diluted) | $0.02 | $0.01 | $0.04 | $0.09 | $0.19 | $0.65 |
| Shares out. | 6.4M | 6.4M | 6.4M | 6.4M | 6.4M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- —
- Net margin
- 9.1%
- Return on equity
- 0.1%
- Return on assets
- 0.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 50.5%
- Debt / equity
- 1.07×
- Book value / share
- $14.17
- Revenue growth (YoY)
- −9.7%
- Net income growth (YoY)
- 33.4%
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 · FY2014- Accruals / assets
- 1.5%clean
- Piotroski F-Score
- 3/7weak
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.
Signs
● 1 severe● 2 warning● 1 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Negative 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 ↗Aug 15, 2017
- NT 10-Qmissed a reporting deadline ↗May 16, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2017
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2016
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2016
- NT 10-Qmissed a reporting deadline ↗May 17, 2016
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- Other material eventOct 12, 2017
- Regulation FD disclosureJan 25, 2017
- Changed auditorJun 30, 2016
- Regulation FD disclosureMay 27, 2016
- Other material eventFeb 22, 2016
- Changed auditorNov 24, 2015
- Shareholder voteJun 29, 2015
- Regulation FD disclosureJun 15, 2015
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 ↗- REVOKEDOct 16, 2017
- 8-KOct 12, 2017
- NT 10-QAug 15, 2017
- NT 10-QMay 16, 2017
- NT 10-KMar 31, 2017
- 8-KJan 25, 2017
- NT 10-QNov 15, 2016
- NT 10-QAug 16, 2016
- 8-KFORM 8-KJun 30, 2016
- 8-KFORM 8-KMay 27, 2016
- NT 10-QMay 17, 2016
- NT 10-KMar 31, 2016
- 8-KFORM 8-KFeb 22, 2016
- SC TO-T/AAMENDMENT NO. 2 TO TENDER OFFERJan 5, 2016
- SC TO-T/AAMENDMENT NO. 1 TO TENDER OFFERDec 14, 2015
Event-driven situations (2)
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