LADENBURG THALMANN FINANCIAL SERVICES INC.
Financials · Security Brokers, Dealers & Flotation Companies · FL · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $335.5M | $329.4M | $1.27B | $464.1M | $1.15B | $921.3M |
| Operating income | $4.9M | $7.7M | $1.2M | −$12.1M | −$11.8M | $10.0M |
| Net income | $3.4M | $5.5M | $7.7M | −$22.3M | −$11.2M | $33.4M |
| Total assets | $829.9M | $740.9M | $632.0M | $546.0M | $574.1M | $510.1M |
| Total liabilities | $588.5M | $487.7M | $261.6M | $183.5M | $198.1M | $174.3M |
| Equity | $241.5M | $253.1M | $370.4M | $362.5M | $376.0M | $336.5M |
| EPS (diluted) | $-0.04 | $-0.02 | $-0.13 | $-0.29 | $-0.21 | $0.08 |
| Shares out. | 148.7M | 200.3M | 194.0M | 183.6M | 185.3M | 181.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- 1.5%
- Net margin
- 1.0%
- Return on equity
- 1.4%
- Return on assets
- 0.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 70.9%
- Debt / equity
- 2.44×
- Book value / share
- $1.62
- Revenue growth (YoY)
- 1.8%
- Net income growth (YoY)
- −37.2%
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 · FY2019- Accruals / assets
- −6.1%clean
- Piotroski F-Score
- 4/8mixed
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● 1 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- 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- NT 10-Kmissed a reporting deadline ↗Mar 17, 2015
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- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Regulation FD disclosureFeb 18, 2020
- Shareholder vote · Other material eventJan 31, 2020
- Entered a material agreement · Director / officer change · Other material eventNov 14, 2019
- Regulation FD disclosureNov 12, 2019
- Results of operationsNov 8, 2019
- Regulation FD disclosureAug 8, 2019
- Results of operationsAug 8, 2019
- Shareholder voteJun 14, 2019
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)
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