FOREVERGREEN WORLDWIDE CORP
Consumer Staples · Miscellaneous Food Preparations & Kindred Products · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $10.2M | $18.5M | — | — | — | — |
| Operating income | −$1.6M | −$1.4M | −$4.1M | −$2.1M | $1.7M | $382,829 |
| Net income | −$2.7M | −$2.2M | −$5.9M | −$2.6M | $1.0M | $116,843 |
| Total assets | $2.3M | $3.9M | $5.7M | $7.8M | $7.7M | $2.7M |
| Total liabilities | $11.7M | $12.3M | $13.4M | $9.2M | $8.1M | $6.3M |
| Equity | −$9.3M | −$8.4M | −$7.6M | −$1.4M | −$376,708 | −$13.6M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 25.7M | 25.7M | 25.3M | 23.6M | 20.6M | 15.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −16.0%
- Net margin
- −26.3%
- Return on equity
- 28.7%
- Return on assets
- −115.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 502.6%
- Debt / equity
- —
- Book value / share
- $-0.36
- Revenue growth (YoY)
- −45.1%
- 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)
- -99.35distress
- Accruals / assets
- −93.3%clean
- Piotroski F-Score
- 2/9weak
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
● 3 severe● 5 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)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 15, 2019
- NT 10-Qmissed a reporting deadline ↗May 16, 2019
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2018
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2018
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Eldridge Jack B JrOfficer — CFO, Treasurer | Sep 8, 2015 | Buy | 7,638 | $0.74 |
| Eldridge Jack B JrOfficer — Chief Financial Officer | Dec 1, 2014 | Buy | 24,199 | $0.74 |
| Eldridge Jack B JrOfficer — Chief Financial Officer | Nov 21, 2014 | Buy | 10,000 | $0.73 |
| Eldridge Jack B JrOfficer — Chief Financial Officer | Aug 14, 2014 | Buy | 8,200 | $0.98 |
| Eldridge Jack B JrOfficer — CFO | Dec 13, 2013 | Buy | 1,000 | $1.10 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Prior financials not reliable (restatement)Mar 5, 2020
- Director / officer changeOct 1, 2019
- Director / officer changeApr 18, 2019
- Director / officer changeJul 5, 2018
- Director / officer changeJun 8, 2018
- Director / officer changeApr 28, 2017
- Director / officer changeOct 1, 2013
- Prior financials not reliable (restatement)May 20, 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 ↗- REVOKEDJul 30, 2021
- 10-K/AAMENDED ANNUAL REPORT ON FORM 10-K/A FOR THE YEAR ENDED DECEMBER 31, 2018Sep 10, 2020
- 8-KCURRENT REPORT ON FORM 8-K DATED MARCH 5, 2020Mar 5, 2020
- 10-KANNUAL REPORT ON FORM 10K FOR THE YEAR ENDED DECEMBER 31, 2018Mar 4, 2020
- 3PRIMARY DOCUMENTOct 7, 2019
- 3PRIMARY DOCUMENTOct 7, 2019
- 8-KCURRENT REPORT ON FORM 8-K DATED JUNE 10, 2019Oct 1, 2019
- NT 10-QREQUEST FOR AN EXTENSION OF TIME TO FILE OUR QUARTERLY REPORT ON FORM 10Q FOR THAug 15, 2019
- NT 10-QREQUEST FOR AN EXTENSION OF TIME TO FILE OUR QUARTERLY REPORT ON FORM 10Q FOR THMay 16, 2019
- 3PRIMARY DOCUMENTApr 26, 2019
- 8-KCURRENT REPORT ON FORM 8-K DATED APRIL 12, 2019Apr 18, 2019
- NT 10-KREQUEST FOR AN EXTENSION OF TIME TO FILE OUR ANNUAL REPORT ON FORM 10K FOR THE YApr 2, 2019
- 10-QQUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED SEPTEMBER 30, 2018Nov 23, 2018
- NT 10-QREQUEST FOR AN EXTENSION OF TIME TO FILE OUR QUARTERLY REPORT ON FORM 10Q FOR THNov 15, 2018
- 10-QQUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED JUNE 30, 2018Aug 15, 2018