Computer Software Innovations, Inc.
Technology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | |
|---|---|---|
| Revenue | $55.1M | $52.7M |
| Operating income | $396,000 | $1.1M |
| Net income | $243,000 | $453,000 |
| Total assets | $22.9M | $19.9M |
| Total liabilities | $16.0M | $13.4M |
| Equity | $6.8M | $6.5M |
| EPS (diluted) | $0.02 | $0.03 |
| Shares out. | 6.6M | 6.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- 0.7%
- Net margin
- 0.4%
- Return on equity
- 3.6%
- Return on assets
- 1.1%
- Return on capital (ROCE)
- 5.0%
- Liabilities / assets
- 70.1%
- Debt / equity
- 2.35×
- Book value / share
- $1.04
- Revenue growth (YoY)
- 4.5%
- Net income growth (YoY)
- −46.4%
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 · FY2011- Altman Z″ (distress)
- -0.23distress
- Accruals / assets
- −2.3%clean
- 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. What these scores mean →
Signs
● 2 severe● 1 warning● 4 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive 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 ↗Aug 16, 2005
- NT 10-Qmissed a reporting deadline ↗May 17, 2005
- NT 10-Qmissed a reporting deadline ↗Nov 12, 2004
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2001
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 |
|---|---|---|---|---|
| Hedrick Nancy KOfficer — President and CEO | Nov 7, 2012 | U | 546,625 | $1.10 |
| Buchanan William JOfficer — SVP Tech.Solutions & Cloud Ser | Nov 7, 2012 | U | 505,381 | $1.10 |
| Hawkins Beverly NOfficer — SVP of Financial Software | Nov 7, 2012 | U | 505,381 | $1.10 |
| Phillips ShayaDirector | Nov 7, 2012 | U | 81,387 | $1.10 |
| Bryson Jeffery ADirector | Nov 7, 2012 | U | 55,489 | $1.10 |
| Sobel Anthony HDirector | Nov 7, 2012 | U | 130,635 | $1.10 |
| Clinton Thomas POfficer — SVP of Strategic Relationships | Nov 7, 2012 | U | 505,381 | $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- Completed an acquisition or disposition · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsNov 8, 2012
- Entered a material agreement · New financial obligation · Modified shareholder rights · Director / officer change · Other material eventOct 2, 2012
- Results of operationsAug 14, 2012
- Entered a material agreement · New financial obligationAug 6, 2012
- Entered a material agreement · New financial obligationJul 6, 2012
- Director / officer changeJun 25, 2012
- Amended charter or bylawsJun 7, 2012
- Results of operations · Unregistered equity sale · Shareholder voteMay 14, 2012
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 (1)
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