CENTRAL EUROPEAN DISTRIBUTION CORP
Industrials · Wholesale-Beer, Wine & Distilled Alcoholic Beverages · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|
| Revenue | $815.7M | $829.6M | $702.1M | $689.4M |
| Operating income | −$3.8M | $5.2M | −$57.6M | $184.5M |
| Net income | −$363.2M | −$1.33B | −$150.9M | $78.3M |
| Total assets | $1.77B | $2.00B | $3.40B | $4.44B |
| Total liabilities | — | — | — | — |
| Equity | −$196.9M | $181.6M | $1.56B | $1.69B |
| EPS (diluted) | $-4.74 | $-18.37 | $-2.15 | $1.50 |
| Shares out. | 73.1M | 71.8M | 70.8M | 54.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −0.5%
- Net margin
- −44.5%
- Return on equity
- 184.5%
- Return on assets
- −20.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $-2.69
- Revenue growth (YoY)
- −1.7%
- 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 · FY2012- Accruals / assets
- −15.0%clean
- Piotroski F-Score
- 3/8weak
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● 4 warning● 2 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗May 13, 2013
- NT 10-Kmissed a reporting deadline ↗Mar 19, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2012
- NT 10-Qmissed a reporting deadline ↗Aug 10, 2012
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- Changed auditorJun 28, 2013
- Entered a material agreement · Bankruptcy or receivership · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJun 11, 2013
- Other material eventJun 7, 2013
- Other material eventMay 31, 2013
- Other material eventMay 14, 2013
- Prior financials not reliable (restatement) · Other material eventMay 9, 2013
- Entered a material agreementMay 1, 2013
- Other material eventApr 19, 2013
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 ↗- 15-12GFORM 15Aug 13, 2013
- S-8 POSPOST-EFFECTIVE AMENDMENT NO 1Aug 13, 2013
- 25-NSEJul 9, 2013
- 8-KFORM 8-KJun 28, 2013
- 10-QFORM 10-QJun 28, 2013
- 10-KFORM 10KJun 18, 2013
- 8-KFORM 8-KJun 11, 2013
- 8-KFORM 8-KJun 7, 2013
- 8-KFORM 8-KMay 31, 2013
- CORRESPMay 21, 2013
- CORRESPMay 20, 2013
- T-3/AFORM T-3/AMay 20, 2013
- CORRESPMay 14, 2013
- 8-KFORM 8-KMay 14, 2013
- NT 10-QNOTIFICATION OF LATE FILINGMay 13, 2013
Event-driven situations (1)
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