MIDAS GROUP INC
Other · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | |
|---|---|---|
| Revenue | $192.4M | $182.8M |
| Operating income | −$9.0M | $14.2M |
| Net income | −$13.4M | $2.6M |
| Total assets | $229.7M | — |
| Total liabilities | $208.7M | — |
| Equity | $17.2M | — |
| EPS (diluted) | $-0.97 | $0.19 |
| Shares out. | 13.9M | 13.8M |
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
- −4.7%
- Net margin
- −7.0%
- Return on equity
- −77.9%
- Return on assets
- −5.8%
- Return on capital (ROCE)
- −5.7%
- Liabilities / assets
- 90.9%
- Debt / equity
- 12.13×
- Book value / share
- $1.24
- Revenue growth (YoY)
- 5.3%
- Net income growth (YoY)
- −615.4%
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)
- 0.86distress
- Accruals / assets
- −12.8%clean
- Piotroski F-Score
- 2/5weak
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
● 2 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- 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 14, 2012
- NT 10-Kmissed a reporting deadline ↗Mar 20, 2009
- NT 11-Kmissed a reporting deadline ↗Jul 1, 2008
- NT 11-Kmissed a reporting deadline ↗Jul 1, 2008
- NT 11-Kmissed a reporting deadline ↗Jun 29, 2007
- NT 11-Kmissed a reporting deadline ↗Jun 29, 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- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsMay 3, 2012
- Entered a material agreement · Modified shareholder rights · Director / officer change · Other material eventMar 15, 2012
- Results of operationsMar 1, 2012
- Regulation FD disclosureFeb 22, 2012
- Other material eventJan 6, 2012
- Results of operationsOct 27, 2011
- Other material eventAug 12, 2011
- Results of operationsAug 4, 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 ↗- 15-12BMay 10, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8May 9, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8May 9, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO.1 TO FORM S-8May 9, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8May 9, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8May 9, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8May 9, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8May 9, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8May 9, 2012
- AWFORM AWMay 9, 2012
- AWFORM AWMay 9, 2012
- AWFORM AWMay 9, 2012
- AWFORM AWMay 9, 2012
- AWFORM AWMay 9, 2012
- AWFORM AWMay 9, 2012
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.