Event-Driven Stocks

HESKA CORP

Healthcare · In Vitro & In Vivo Diagnostic Substances · DE · SEC filings ↗ · Compare ⊕

Signs4 good3 warningdetails ↓

Financials

SEC XBRL · annual
 FY22FY21FY20FY19FY18FY17
Revenue$257.3M$253.7M$197.3M$122.7M$127.4M$129.3M
Operating income−$20.3M−$993,000−$8.2M$327,000$3.8M$18.2M
Net income−$19.9M−$1.1M−$14.4M−$1.5M$5.8M$10.0M
Total assets$585.8M$604.1M$399.8M$244.4M$156.5M$135.4M
Total liabilities$163.6M$168.2M$112.8M$89.9M$34.0M$35.0M
Equity$422.2M$435.9M$287.1M$154.4M$122.4M$100.4M
EPS (diluted)$-1.92$-0.11$-1.66$-0.20$0.74$1.30
Shares out.10.8M9.5M7.8M7.7M7.3M7.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2022
Operating margin
−7.9%
Net margin
−7.7%
Return on equity
−4.7%
Return on assets
−3.4%
Return on capital (ROCE)
−3.7%
Liabilities / assets
27.9%
Debt / equity
0.39×
Book value / share
$39.05
Revenue growth (YoY)
1.4%
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 · FY2022
Altman Z″ (distress)
4.06safe
Accruals / assets
0.3%clean
Beneish M-Score
-2.39normal
Piotroski F-Score
1/9weak

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 Score
53
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 33Financial strength 100

Our 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 warning4 good
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

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

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 ↗
  • 15-12GJun 23, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • 4Jun 14, 2023
  • EFFECTJun 13, 2023

Event-driven situations (2)