FAIRPOINT COMMUNICATIONS INC
Communication Services · Telephone Communications (No Radiotelephone) · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | $229.3M | $169.6M | −$93.3M | −$113.2M | −$182.0M | — |
| Net income | $18.6M | −$45.2M | −$136.3M | −$93.5M | −$153.3M | −$24.4M |
| Total assets | $1.23B | $1.32B | $1.45B | $1.60B | $1.73B | $1.99B |
| Total liabilities | $1.28B | $1.32B | $2.05B | $1.91B | $2.05B | $2.09B |
| Equity | −$54.1M | −$1.5M | −$600.3M | −$309.2M | −$317.8M | −$106.1M |
| EPS (diluted) | $0.68 | $-1.70 | $-5.15 | $-3.57 | $-5.90 | $-0.95 |
| Shares out. | 27.1M | 26.9M | 26.7M | 26.5M | 0 | 26.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- —
- Net margin
- —
- Return on equity
- −34.3%
- Return on assets
- 1.5%
- Return on capital (ROCE)
- 20.6%
- Liabilities / assets
- 104.4%
- Debt / equity
- —
- Book value / share
- $-2.00
- Revenue growth (YoY)
- —
- 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 · FY2016- Altman Z″ (distress)
- -0.35distress
- Accruals / assets
- −9.4%clean
- Piotroski F-Score
- 5/7mixed
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
● 3 severe● 1 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% 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 ↗May 12, 2008
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 bylawsJul 7, 2017
- Results of operationsMay 4, 2017
- Shareholder vote · Other material eventMar 28, 2017
- Other material eventMar 20, 2017
- Results of operationsMar 6, 2017
- Other material eventFeb 27, 2017
- Director / officer changeFeb 10, 2017
- Entered a material agreementDec 5, 2016
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 ↗Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.