ABOVENET INC
Communication Services · Communications Services, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | FY09 | |
|---|---|---|---|
| Revenue | $114.4M | $97.2M | $360.1M |
| Operating income | $26.1M | $25.0M | $94.9M |
| Net income | $14.5M | $13.6M | $281.6M |
| Total assets | $911.0M | $807.8M | — |
| Total liabilities | $263.1M | $255.3M | — |
| Equity | $647.9M | $552.5M | $594.2M |
| EPS (diluted) | $0.54 | $0.52 | $11.06 |
| Shares out. | 26.3M | 25.8M | 25.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- 22.8%
- Net margin
- 12.7%
- Return on equity
- 2.2%
- Return on assets
- 1.6%
- Return on capital (ROCE)
- 3.3%
- Liabilities / assets
- 28.9%
- Debt / equity
- 0.41×
- Book value / share
- $24.68
- Revenue growth (YoY)
- 17.7%
- Net income growth (YoY)
- 6.6%
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)
- 4.34safe
- Accruals / assets
- −21.1%clean
- Beneish M-Score
- -3.32normal
- Piotroski F-Score
- 6/9mixed
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● 6 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- 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.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 1, 2002
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2001
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- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Regulation FD disclosureJul 2, 2012
- Shareholder vote · Other material eventJun 5, 2012
- Results of operationsMay 9, 2012
- Other material eventMay 3, 2012
- Other material eventApr 18, 2012
- Entered a material agreement · Modified shareholder rights · Regulation FD disclosureMar 19, 2012
- Results of operations · Regulation FD disclosureFeb 28, 2012
- Other material eventDec 8, 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 13G/AAug 8, 2012
- EFFECTJul 20, 2012
- 424B3424(B)(3)Jul 20, 2012
- 15-12GFORM 15Jul 13, 2012
- S-4FORM S-4Jul 12, 2012
- EFFECTJul 3, 2012
- EFFECTJul 3, 2012
- EFFECTJul 3, 2012
- EFFECTJul 3, 2012
- 25-NSEJul 3, 2012
- 8-KFORM 8-KJul 2, 2012
- 4PRIMARY DOCUMENTJul 2, 2012
- 4PRIMARY DOCUMENTJul 2, 2012
- 4PRIMARY DOCUMENTJul 2, 2012
- 4PRIMARY DOCUMENTJul 2, 2012