IMPERIAL PETROLEUM RECOVERY CORP
Industrials · Oil & Gas Field Machinery & Equipment · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | |
|---|---|---|
| Revenue | $281,000 | $346,395 |
| Operating income | −$690,638 | −$419,874 |
| Net income | −$941,982 | −$777,923 |
| Total assets | $167,429 | $426,758 |
| Total liabilities | $5.9M | $5.3M |
| Equity | −$5.8M | −$4.9M |
| EPS (diluted) | — | — |
| Shares out. | 48.5M | 46.9M |
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
- −245.8%
- Net margin
- −335.2%
- Return on equity
- 16.3%
- Return on assets
- −562.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 3547.2%
- Debt / equity
- —
- Book value / share
- $-0.12
- Revenue growth (YoY)
- −18.9%
- 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 · FY2011- Altman Z″ (distress)
- -678.78distress
- Accruals / assets
- −557.7%clean
- Piotroski F-Score
- 2/9weak
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
● 3 severe● 5 warning● 2 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
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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-Kmissed a reporting deadline ↗Jan 29, 2007
- NT 10-Kmissed a reporting deadline ↗Jan 31, 2006
- NT 10-Qmissed a reporting deadline ↗Mar 17, 2003
- NT 10-Kmissed a reporting deadline ↗Jan 30, 2003
- NT 10-Qmissed a reporting deadline ↗Sep 13, 2002
- NT 10-Qmissed a reporting deadline ↗Jun 14, 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- Bankruptcy or receivershipApr 5, 2013
- Other material eventDec 5, 2005
- Item 5 · Item 7Feb 26, 2001
- Item 5 · Item 7Oct 18, 2000
- Item 4 · Item 7Apr 16, 1997
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 ↗- REVOKEDSep 30, 2014
- 8-KIMPERIAL PETROLEUM RECOVERY CORP. FORM 8-K FOR APRIL 3, 2013Apr 5, 2013
- 10-KIMPERIAL PETROLEUM RECOVERY CORPORATION FORM 10-K FOR THE FISCAL YEAR ENDED OCTODec 5, 2012
- 10-QApr 10, 2012
- 10-QApr 9, 2012
- 10-QApr 9, 2012
- 10-KOct 20, 2011
- NT 10-KJan 29, 2007
- 10QSBOct 24, 2006
- NTN 10QSep 22, 2006
- 10QSBIMPERIAL PETROLEUM RECOVERY CORPORATION 10QSBJul 21, 2006
- 10QSBIMPERIAL PETROLEUM RECOVERY CORPORATION 10-QSBJul 20, 2006
- 10QSBIMPERIAL PETROLEUM RECOVERY CORPORATION 10-QSBMay 18, 2006
- 10QSBIMPERIAL PETROLEUM RECOVERY CORPORATION 10-QSBMay 18, 2006
- 10QSBIMPERIAL PETROLEUM RECOVERY CORPORATION 10QSBMay 18, 2006
Event-driven situations (1)
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