Cartesian, Inc.
Industrials · Services-Management Consulting Services · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $50.8M | $78.3M | $71.7M | $55.4M | — | — |
| Operating income | −$6.4M | −$6.2M | −$881,000 | −$1.9M | −$1.1M | −$4.2M |
| Net income | −$6.2M | −$7.7M | −$1.4M | −$2.1M | −$1.2M | −$4.4M |
| Total assets | $17.6M | $41.4M | $42.3M | $36.8M | $35.3M | $35.3M |
| Total liabilities | — | — | — | — | — | — |
| Equity | $1.1M | $20.6M | $27.4M | $25.9M | $27.0M | $27.8M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 9.0M | 8.9M | 8.7M | 7.2M | 7.1M | 7.1M |
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
- −12.6%
- Net margin
- −12.3%
- Return on equity
- −552.0%
- Return on assets
- −35.5%
- Return on capital (ROCE)
- −246.3%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $0.13
- Revenue growth (YoY)
- −35.2%
- 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 · FY2017- Accruals / assets
- −9.9%clean
- Piotroski F-Score
- 2/8weak
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
● 1 severe● 4 warning● 1 good- 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
- Negative 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-Qmissed a reporting deadline ↗May 15, 2018
- NT 10-Qmissed a reporting deadline ↗May 16, 2007
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2007
- NT 10-Qmissed a reporting deadline ↗Nov 15, 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- Completed an acquisition or disposition · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteJun 28, 2018
- Change in controlMay 17, 2018
- Director / officer changeMay 15, 2018
- Other material eventMar 30, 2018
- Entered a material agreement · New financial obligation · Modified shareholder rightsMar 27, 2018
- Other material eventMar 22, 2018
- Regulation FD disclosureDec 20, 2017
- Results of operationsNov 13, 2017
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 ↗Event-driven situations (2)
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