DITECH NETWORKS INC
Technology · Telephone & Telegraph Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | |
|---|---|---|---|
| Revenue | $16.7M | $18.6M | $22.9M |
| Operating income | −$10.6M | −$10.8M | −$14.2M |
| Net income | — | — | — |
| Total assets | $32.0M | $40.7M | — |
| Total liabilities | $4.2M | $3.1M | — |
| Equity | $27.8M | $37.6M | $44.7M |
| EPS (diluted) | $-0.40 | $-0.32 | $-0.57 |
| Shares out. | 26.9M | 26.5M | 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 · FY2012- Operating margin
- −63.5%
- Net margin
- —
- Return on equity
- —
- Return on assets
- —
- Return on capital (ROCE)
- −37.9%
- Liabilities / assets
- 13.1%
- Debt / equity
- 0.15×
- Book value / share
- $1.03
- Revenue growth (YoY)
- −10.2%
- 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- Altman Z″ (distress)
- -14.96distress
- Piotroski F-Score
- 1/6weak
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● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Revenue declined year-over-year
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
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 ↗Dec 12, 2006
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- Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteDec 4, 2012
- Entered a material agreementSep 18, 2012
- Results of operationsSep 13, 2012
- Results of operations · Director / officer changeJun 21, 2012
- Delisting / listing-standard noticeMay 15, 2012
- Results of operationsMar 12, 2012
- Director / officer changeJan 18, 2012
- Director / officer changeJan 10, 2012
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 ↗- SC 13G/ASCHEDULE 13G/AFeb 11, 2013
- SC 13G/AJan 9, 2013
- 15-12GDec 14, 2012
- EFFECTDec 12, 2012
- 4PRIMARY DOCUMENTDec 6, 2012
- 4PRIMARY DOCUMENTDec 6, 2012
- S-8 POSDec 6, 2012
- S-8 POSDec 6, 2012
- S-8 POSDec 6, 2012
- S-8 POSDec 6, 2012
- S-8 POSDec 6, 2012
- S-8 POSDec 6, 2012
- S-8 POSDec 6, 2012
- S-8 POSDec 6, 2012
- S-8 POSDec 6, 2012
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.