DETERMINE, INC.
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $28.1M | $27.5M | $26.8M | $20.9M | $15.8M | $17.6M |
| Operating income | −$8.7M | −$7.8M | — | — | — | — |
| Net income | −$9.9M | −$9.5M | −$14.0M | −$13.7M | −$8.2M | −$4.7M |
| Total assets | $42.1M | $42.4M | $44.2M | $37.3M | $21.8M | $16.9M |
| Total liabilities | $37.1M | $37.3M | $33.3M | $23.3M | $15.1M | $16.3M |
| Equity | $4.9M | $5.1M | $10.8M | $9.1M | $3.1M | $520,000 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 15.1M | 12.1M | 11.4M | 9.2M | 5.5M | 2.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −31.1%
- Net margin
- −35.4%
- Return on equity
- −201.4%
- Return on assets
- −23.6%
- Return on capital (ROCE)
- −63.3%
- Liabilities / assets
- 88.3%
- Debt / equity
- 7.51×
- Book value / share
- $0.33
- Revenue growth (YoY)
- 2.4%
- 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 · FY2018- Altman Z″ (distress)
- -27.77distress
- Accruals / assets
- −18.1%clean
- Beneish M-Score
- -3.41normal
- 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.
Signs
● 2 severe● 4 warning● 2 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Revenue is growing year-over-year
- 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 ↗Feb 15, 2019
- NT 10-Kmissed a reporting deadline ↗Jun 30, 2016
- NT 10-Qmissed a reporting deadline ↗Feb 17, 2016
- NT 10-K/Amissed a reporting deadline ↗Jul 29, 2009
- NT 10-Kmissed a reporting deadline ↗Jun 29, 2009
- NT 10-Qmissed a reporting deadline ↗Aug 15, 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- Entered a material agreement · Shareholder voteMay 28, 2019
- Director / officer change · Amended charter or bylaws · Other material eventApr 18, 2019
- Completed an acquisition or disposition · Shareholder vote · Other material eventApr 10, 2019
- Entered a material agreement · Director / officer change · Amended charter or bylaws · Other material eventFeb 11, 2019
- Entered a material agreement · New financial obligationDec 28, 2018
- Delisting / listing-standard noticeDec 17, 2018
- Entered a material agreement · New financial obligationNov 21, 2018
- Results of operationsNov 13, 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 ↗- EFFECTJun 6, 2019
- EFFECTJun 6, 2019
- EFFECTJun 6, 2019
- EFFECTJun 6, 2019
- EFFECTJun 6, 2019
- EFFECTJun 6, 2019
- EFFECTJun 6, 2019
- EFFECTJun 6, 2019
- EFFECTJun 6, 2019
- 15-12GFORM 15-12GJun 6, 2019
- S-8 POSFORM S-8 POSJun 5, 2019
- S-8 POSFORM S-8 POSJun 5, 2019
- S-8 POSFORM S-8 POSJun 5, 2019
- S-8 POSFORM S-8 POSJun 5, 2019
- S-8 POSFORM S-8 POSJun 5, 2019
Event-driven situations (1)
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