Event-Driven Stocks

ALTAIR NANOTECHNOLOGIES INC

Materials · Miscellaneous Chemical Products · Z4 · SEC filings ↗ · Compare ⊕

Signs● 4 good● 4 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY16FY15FY12FY11FY10FY09
Revenue$54.7M$14.3M$1.5M$5.2M$7.8M$4.4M
Operating income−$3.2M−$15.5M−$18.6M−$21.1M−$20.5M−$20.8M
Net income−$3.6M−$19.5M−$18.0M−$19.9M−$22.3M−$21.3M
Total assets$162.9M$134.2M$66.4M$63.5M$24.3M—
Total liabilities$179.4M$147.3M$29.8M$10.1M$7.0M—
Equity−$16.4M−$13.2M$36.6M$53.5M$17.3M$36.2M
EPS (diluted)——————
Shares out.11.6M11.6M69.5M11.6M27.0M25.0M

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

Key ratios

from filings · FY2016
Operating margin
−5.8%
Net margin
−6.7%
Return on equity
22.2%
Return on assets
−2.2%
Return on capital (ROCE)
−6.5%
Liabilities / assets
110.1%
Debt / equity
—
Book value / share
$-1.41
Revenue growth (YoY)
283.0%
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 · FY2016
Altman Z″ (distress)
-7.90distress
Accruals / assets
−4.9%clean
Beneish M-Score
-1.57elevated
Piotroski F-Score
6/9mixed

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
51
/ 100
Profitability 20Growth 100Catalyst 33Earnings quality 100Financial strength 0

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

● 3 severe● 4 warning● 4 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • 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)