WESTMORELAND COAL Co
Energy · Bituminous Coal & Lignite Surface Mining · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $1.38B | $1.48B | $1.42B | $1.13B | $674.7M | $600.4M |
| Operating income | −$11.1M | $7.6M | −$145.7M | −$48.7M | $25.4M | $28.9M |
| Net income | −$71.3M | −$27.1M | −$213.6M | −$175.8M | −$4.7M | −$7.2M |
| Total assets | $1.39B | $1.58B | $1.42B | $1.74B | $941.3M | $936.1M |
| Total liabilities | $2.13B | $2.28B | $2.18B | $2.17B | $1.13B | $1.22B |
| Equity | −$739.0M | −$688.1M | −$455.3M | −$364.7M | −$187.9M | −$271.6M |
| EPS (diluted) | — | — | $-0.67 | $-1.30 | $-0.19 | $0.04 |
| Shares out. | 18.6M | 18.3M | 17.8M | 14.8M | 14.3M | 13.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −0.8%
- Net margin
- −5.2%
- Return on equity
- 9.7%
- Return on assets
- −5.1%
- Return on capital (ROCE)
- −7.8%
- Liabilities / assets
- 153.5%
- Debt / equity
- —
- Book value / share
- $-39.79
- Revenue growth (YoY)
- −6.3%
- 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 · FY2017- Altman Z″ (distress)
- -6.63distress
- Accruals / assets
- −13.4%clean
- Beneish M-Score
- -3.38normal
- Piotroski F-Score
- 3/9weak
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
● 3 severe● 4 warning● 2 good- Negative shareholder equity
- 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
- 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-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Kmissed a reporting deadline ↗Mar 19, 2018
- NT 10-Qmissed a reporting deadline ↗May 5, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2017
- NT 11-Kmissed a reporting deadline ↗Jun 29, 2009
- NT 10-Qmissed a reporting deadline ↗Nov 10, 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- Bankruptcy or receivership · Modified shareholder rights · Director / officer change · Regulation FD disclosureMar 15, 2019
- Regulation FD disclosureMar 14, 2019
- Bankruptcy or receivership · Modified shareholder rights · Regulation FD disclosureMar 4, 2019
- Director / officer changeJan 10, 2019
- Regulation FD disclosureJan 2, 2019
- Regulation FD disclosure · Other material eventDec 19, 2018
- Director / officer change · Regulation FD disclosureDec 12, 2018
- Bankruptcy or receivership · Modified shareholder rightsOct 10, 2018
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 ↗- NT 10-KApr 1, 2019
- EFFECTMar 15, 2019
- 4FORM 4 SUBMISSIONMar 15, 2019
- 8-KFORM 8-KMar 15, 2019
- SC 13D/AMar 14, 2019
- SC TO-T/AMar 14, 2019
- 8-KFORM 8-KMar 14, 2019
- S-8 POSMar 5, 2019
- S-8 POSMar 5, 2019
- S-8 POSMar 5, 2019
- S-8 POSMar 5, 2019
- S-8 POSMar 5, 2019
- S-8 POSMar 5, 2019
- S-8 POSMar 5, 2019
- S-8 POSMar 5, 2019
Event-driven situations (3)
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