WNC HOUSING TAX CREDIT FUND VI LP SERIES 5
Real Estate · Operators of Apartment Buildings · CA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | — | — | $2,200 | $2,000 | $4,000 |
| Operating income | −$241,023 | −$123,357 | −$138,511 | −$30,000 | −$214,000 |
| Net income | −$226,775 | −$99,039 | −$138,507 | −$30,000 | −$300,000 |
| Total assets | $29,928 | $43,968 | $22,005 | $29,800 | — |
| Total liabilities | $1.3M | $1.2M | $1.1M | $1.0M | — |
| Equity | — | — | — | — | — |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 0 | 0 | 0 | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- —
- Net margin
- —
- Return on equity
- —
- Return on assets
- −757.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 4419.0%
- Debt / equity
- —
- Book value / share
- —
- 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 · FY2014- Accruals / assets
- −674.7%clean
- Piotroski F-Score
- 2/6weak
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
● 1 severe● 2 warning● 1 good- 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 ↗Nov 14, 2014
- NT 10-Qmissed a reporting deadline ↗Feb 17, 2010
- NT 10-Kmissed a reporting deadline ↗Jun 30, 2008
- NT 10-Qmissed a reporting deadline ↗Feb 15, 2008
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2007
- NT 10-Kmissed a reporting deadline ↗Jul 2, 2007
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- Shareholder voteMay 12, 2015
- Results of operationsDec 15, 2014
- Results of operationsMay 30, 2014
- Results of operationsJan 13, 2014
- Changed auditorOct 23, 2012
- Results of operationsJun 1, 2012
- Results of operationsMar 28, 2012
- Results of operationsApr 22, 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 ↗- 15-12GNOTICE OF TERMINATION OF REGISTRATIONJun 4, 2015
- 8-KCURRENT REPORT OF PROXY RESULTSMay 12, 2015
- DEFA14ADEFINITIVE ADDITIONAL MATERIALSApr 30, 2015
- DEFA14ADEFINITIVE ADDITIONAL MATERIALSApr 3, 2015
- DEF 14ADEFINITIVE PROXY STATEMENTMar 25, 2015
- PRE 14APRELIMINARY PROXY STATEMENTMar 11, 2015
- 10-QQUARTERLY REPORTFeb 6, 2015
- 10-QQUARTERLY REPORTDec 16, 2014
- 8-KCURRENT REPORTDec 15, 2014
- NT 10-QNOTIFICATION OF LATE FILINGNov 14, 2014
- 10-QQUARTERLY REPORTAug 12, 2014
- 10-KANNUAL REPORTJun 23, 2014
- 8-KCURRENT REPORTMay 30, 2014
- SC 13E3Mar 14, 2014
- PREM14APRELIMINARY PROXY STATEMENTSMar 14, 2014
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.