TURBODYNE TECHNOLOGIES, INC
Consumer Discretionary · Motor Vehicle Parts & Accessories · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | |
|---|---|---|
| Revenue | — | — |
| Operating income | −$786,278 | −$819,149 |
| Net income | −$901,030 | −$902,453 |
| Total assets | $25,180 | $9,232 |
| Total liabilities | $8.4M | $7.9M |
| Equity | −$8.3M | −$7.8M |
| EPS (diluted) | — | — |
| Shares out. | 1.00B | 662.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- —
- Net margin
- —
- Return on equity
- 10.8%
- Return on assets
- −3578.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 33236.0%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- —
- 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)
- -18460.00distress
- Accruals / assets
- −3378.6%clean
- Piotroski F-Score
- 4/7mixed
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
● 3 severe● 2 warning● 1 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- 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 16, 2010
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2010
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2009
- NT 10-Qmissed a reporting deadline ↗May 16, 2008
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2008
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2005
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Kokinos DebiOfficer — SECRETARY | Dec 8, 2004 | Option exercise | 147,000 | $0.04 |
| Chandler MarshaOfficer — SECRETARY | Nov 1, 2004 | Option exercise | 232,500 | $0.08 |
| Martyn-Smith AndrewOfficer — CEO, CFO | Dec 9, 2004 | Option exercise | 370,000 | $0.03 |
| Willett David TOfficer — CHIEF OPERATIONS OFFICER | Dec 17, 2004 | Sell | 131,000 | $0.04 |
| Kokinos DebiOfficer — SECRETARY | Jan 21, 2005 | Sell | 5,000 | $0.03 |
| Kokinos DebiOfficer — SECRETARY | Dec 20, 2004 | Sell | 147,000 | $0.04 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Changed auditor · Prior financials not reliable (restatement) · Other material eventFeb 6, 2015
- Changed auditorDec 20, 2013
- Regulation FD disclosureJun 11, 2008
- Regulation FD disclosureJun 3, 2008
- Director / officer changeMay 5, 2008
- Unregistered equity sale · Director / officer changeMar 21, 2008
- Director / officer changeDec 21, 2007
- Regulation FD disclosureJun 26, 2007
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 ↗- 15-12GFeb 27, 2015
- 8-KFORM 8-KFeb 6, 2015
- 10-KFORM 10-KJan 15, 2015
- 10-KFORM 10-KJan 2, 2015
- 8-KDec 20, 2013
- D/ADec 13, 2013
- DDec 10, 2013
- PREM14CTURBOMay 30, 2012
- 10-QAug 19, 2010
- NT 10-QTURBODYNE TECHNOLOGIESAug 16, 2010
- 10-QMay 17, 2010
- 10-KApr 15, 2010
- NT 10-KMar 31, 2010
- 10-QNov 16, 2009
- 10-QAug 14, 2009
Event-driven situations (1)
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