Surge Global Energy, Inc.
Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | $145 | $2,387 | — | — | — |
| Operating income | −$860,295 | −$911,007 | −$1.7M | −$430,934 | −$1.4M |
| Net income | −$861,213 | −$911,432 | −$1.7M | −$535,806 | −$1.1M |
| Total assets | $1.5M | $1.8M | $1.8M | $3.1M | $3.6M |
| Total liabilities | $49,932 | $537,255 | $39,243 | $412,523 | $211,011 |
| Equity | $1.5M | $1.2M | $1.8M | $2.6M | $3.4M |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 14.0M | 12.0M | 36.1M | 1.8M | 33.6M |
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
- −593306.9%
- Net margin
- −593940.0%
- Return on equity
- −57.8%
- Return on assets
- −55.9%
- Return on capital (ROCE)
- −57.7%
- Liabilities / assets
- 3.2%
- Debt / equity
- 0.03×
- Book value / share
- $0.11
- Revenue growth (YoY)
- −93.9%
- 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- Altman Z″ (distress)
- -89.08distress
- Accruals / assets
- −112.6%clean
- Piotroski F-Score
- 4/9mixed
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
● 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
- Revenue declined year-over-year
- Conservative leverage (liabilities < 50% of assets)
- 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-Qmissed a reporting deadline ↗Aug 14, 2015
- NT 10-Qmissed a reporting deadline ↗May 15, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2014
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2013
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2011
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2011
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- Prior financials not reliable (restatement)Dec 23, 2015
- Changed auditorAug 11, 2015
- Other material eventFeb 18, 2015
- Change in controlNov 12, 2014
- Completed an acquisition or disposition · Unregistered equity saleOct 4, 2013
- Other material eventAug 21, 2013
- Change in control · Other material eventAug 19, 2013
- Entered a material agreementAug 6, 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 ↗- REVOKEDApr 11, 2019
- 8-KDec 23, 2015
- NT 10-QAug 14, 2015
- 8-KAug 11, 2015
- 10-QMay 20, 2015
- NT 10-QNOTIFICATION OF LATE FILINGMay 15, 2015
- 10-KMar 31, 2015
- 8-KFeb 18, 2015
- 10-QQUARTERLY REPORTNov 14, 2014
- 8-KCURRENT REPORTNov 12, 2014
- 10-QQUARTERLY REPORTAug 14, 2014
- 10-QQUARTERLY REPORTMay 15, 2014
- 10-KCURRENT REPORTApr 9, 2014
- NT 10-KNOTIFICATION OF LATE FILINGMar 31, 2014
- DFeb 6, 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.