PROVIDENCE RESOURCES INC
Energy · Crude Petroleum & Natural Gas · TX · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$10.6M | −$1.2M | −$1.4M |
| Net income | −$57.1M | −$12.0M | −$2.5M |
| Total assets | $1.1M | $1.0M | $10.3M |
| Total liabilities | $17.5M | $16.0M | $14.6M |
| Equity | −$16.4M | −$14.9M | −$4.3M |
| EPS (diluted) | — | — | — |
| Shares out. | 15.3M | 14.0M | 10.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- —
- Net margin
- —
- Return on equity
- 347.3%
- Return on assets
- −5415.5%
- Return on capital (ROCE)
- −1063.2%
- Liabilities / assets
- 1659.5%
- Debt / equity
- —
- Book value / share
- $-1.07
- Revenue growth (YoY)
- —
- 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 · FY2012- Altman Z″ (distress)
- 107.45safe
- Accruals / assets
- −4960.7%clean
- Piotroski F-Score
- 2/7weak
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 severe● 2 warning● 3 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 14, 2014
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2014
- NT 10-Qmissed a reporting deadline ↗May 15, 2014
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2014
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2013
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2013
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- Changed auditorMay 31, 2022
- Entered a material agreementDec 16, 2013
- Director / officer changeDec 18, 2012
- Changed auditorNov 8, 2011
- Director / officer changeApr 15, 2011
- Changed auditorSep 15, 2010
- Shareholder voteSep 3, 2010
- Other material eventJul 12, 2010
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 ↗- 8-KMay 31, 2022
- 15-12GPROVIDENCE DEREGISTERSep 3, 2015
- NT 10-QPROVIDENCE EXT FILING 10-Q SEPT 2014Nov 14, 2014
- NT 10-QPROVIDENCE EXT FILING 10-Q JUNE 2014Aug 14, 2014
- NT 10-QPROVIDENCE RESOURCES EXT FILING 10-Q MARCH 2014May 15, 2014
- NT 10-KPROVIDENCE EXT FILING 10-K DEC 2013Mar 31, 2014
- SC 13G/AFeb 7, 2014
- SC 13G/AFeb 3, 2014
- 8-KPROVIDENCE 8-K PALTARDec 16, 2013
- NT 10-QPROVIDENCE EXT FILING SEPT 2013 10-QNov 15, 2013
- NT 10-QPROVIDENCE EXT 10Q JUNE 2013Aug 15, 2013
- 10-QPROVIDENCE 10-Q MARCH 2013May 20, 2013
- NT 10-QPROVIDENCE EXT FILING 10-Q MARCH 2013May 15, 2013
- 10-KPROVIDENCE 10-K 31ST DECEMBER 2012Apr 2, 2013
- NT 10-KCONVERTED BY EDGARWIZApr 2, 2013
Event-driven situations (1)
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