Event-Driven Stocks

ERBA Diagnostics, Inc.

Healthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕

Signs● 4 good● 2 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY14FY13FY12FY11FY10
Revenue$26.4M$5.1M$5.0M$5.3M$17.0M
Operating income$872,967$1.0M−$1.2M−$3.2M−$4.2M
Net income$449,605$675,828−$1.6M−$3.3M−$4.2M
Total assets$26.2M$25.9M$24.6M$17.2M$15.1M
Total liabilities$8.0M$8.4M$8.2M——
Equity$18.2M$17.5M$16.3M$10.7M$9.4M
EPS (diluted)$0.01$0.01$-0.04——
Shares out.43.8M43.7M34.4M34.4M27.6M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2014
Operating margin
3.3%
Net margin
1.7%
Return on equity
2.5%
Return on assets
1.7%
Return on capital (ROCE)
4.4%
Liabilities / assets
30.5%
Debt / equity
0.44×
Book value / share
$0.42
Revenue growth (YoY)
413.7%
Net income growth (YoY)
−33.5%

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 · FY2014
Altman Z″ (distress)
1.25grey zone
Accruals / assets
3.8%clean
Piotroski F-Score
4/9mixed

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 Score
58
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 33Financial strength 75

Our 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

● 1 severe● 2 warning● 4 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Negative operating cash flow
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • 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

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

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)