WORLD HEART CORP
Healthcare · Electromedical & Electrotherapeutic Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | FY09 | |
|---|---|---|---|
| Revenue | −$143,061 | $2.2M | $4,765 |
| Operating income | −$17.0M | −$12.2M | −$16.7M |
| Net income | −$3.8M | −$20.5M | −$16.7M |
| Total assets | $11.7M | $28.2M | — |
| Total liabilities | $2.6M | $16.6M | — |
| Equity | $9.1M | $11.6M | $4.7M |
| EPS (diluted) | — | — | — |
| Shares out. | 27.5M | 26.7M | — |
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
- 11852.5%
- Net margin
- 2680.2%
- Return on equity
- −42.2%
- Return on assets
- −32.8%
- Return on capital (ROCE)
- −161.1%
- Liabilities / assets
- 22.3%
- Debt / equity
- 0.29×
- Book value / share
- $0.33
- Revenue growth (YoY)
- −106.6%
- 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)
- -100.21distress
- Accruals / assets
- 81.6%high accruals
- Piotroski F-Score
- 3/9weak
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
● 1 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Revenue declined year-over-year
- Negative operating cash flow
- High accruals — earnings-quality risk
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder vote · Other material eventAug 3, 2012
- Entered a material agreementJul 2, 2012
- Director / officer changeApr 24, 2012
- Entered a material agreementApr 3, 2012
- Entered a material agreementMar 30, 2012
- Costs from exit or disposal · Director / officer changeFeb 23, 2012
- Delisting / listing-standard noticeFeb 16, 2012
- Delisting / listing-standard noticeAug 18, 2011
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 13GNONESep 11, 2012
- SC 13D/ASCHEDULE 13D AMENDMENT NO. 3Aug 13, 2012
- 15-12GFORM 15Aug 13, 2012
- EFFECTAug 10, 2012
- EFFECTAug 10, 2012
- EFFECTAug 10, 2012
- EFFECTAug 10, 2012
- EFFECTAug 10, 2012
- EFFECTAug 10, 2012
- EFFECTAug 10, 2012
- EFFECTAug 10, 2012
- EFFECTAug 10, 2012
- 4PRIMARY DOCUMENTAug 9, 2012
- 4PRIMARY DOCUMENTAug 6, 2012
- 4PRIMARY DOCUMENTAug 6, 2012
Event-driven situations (1)
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