FINISAR CORP
Technology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $327.6M | $332.4M | $1.45B | $1.26B | $1.25B | $1.16B |
| Operating income | $533,000 | −$6.1M | $176.9M | $41.0M | $26.8M | $111.4M |
| Net income | −$15.3M | −$55.7M | $249.3M | $35.2M | $11.9M | $111.8M |
| Total assets | $2.35B | $2.58B | $2.54B | $1.65B | $1.55B | $1.50B |
| Total liabilities | $738.0M | $959.6M | $977.2M | $477.7M | $448.1M | $481.5M |
| Equity | $1.61B | $1.62B | $1.56B | $1.17B | $1.10B | $1.02B |
| EPS (diluted) | $-0.13 | $-0.49 | $2.19 | $0.32 | $0.11 | $1.09 |
| Shares out. | 119.8M | 114.9M | 111.5M | 107.7M | 104.2M | 97.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- 0.2%
- Net margin
- −4.7%
- Return on equity
- −0.9%
- Return on assets
- −0.7%
- Return on capital (ROCE)
- 0.0%
- Liabilities / assets
- 31.4%
- Debt / equity
- 0.46×
- Book value / share
- $13.47
- Revenue growth (YoY)
- −1.4%
- 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 · FY2019- Altman Z″ (distress)
- 4.20safe
- Accruals / assets
- −8.0%clean
- Piotroski F-Score
- 7/9strong
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 warning● 5 good- Reported a net loss
- Revenue declined year-over-year
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventSep 24, 2019
- Other material eventSep 20, 2019
- Results of operations · Other material eventSep 4, 2019
- Director / officer change · Other material eventAug 5, 2019
- Other material eventJul 26, 2019
- Other material eventJul 8, 2019
- Results of operations · Other material eventJun 13, 2019
- Other material eventMay 10, 2019
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/ASEC SCHEDULE 13GFeb 18, 2020
- 15-12GFORM 15-12GOct 4, 2019
- 4/AFORM 4/ASep 26, 2019
- 4/AFORM 4/ASep 26, 2019
- 4FORM 4Sep 26, 2019
- 4FORM 4Sep 26, 2019
- 4FORM 4Sep 26, 2019
- 4FORM 4Sep 26, 2019
- 4FORM 4Sep 26, 2019
- 4FORM 4Sep 26, 2019
- 4FORM 4Sep 25, 2019
- 4FORM 4Sep 25, 2019
- 4FORM 4Sep 25, 2019
- 4FORM 4Sep 25, 2019
- 4FORM 4Sep 25, 2019
Event-driven situations (1)
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