Event-Driven Stocks

IXIA

Industrials · Instruments For Meas & Testing of Electricity & Elec Signals · CA · SEC filings ↗ · Compare ⊕

Signs● 5 good● 2 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY16FY15FY14FY13FY12FY11
Revenue$112.7M$121.0M$113.7M$121.5M$413.4M$311.4M
Operating income$18.4M$23.0M−$44.4M$12.3M$24.3M$35.2M
Net income−$2.7M−$9.6M−$19.5M$7.8M$45.5M$26.7M
Total assets$757.6M$779.9M$869.9M$887.7M$819.2M$634.5M
Total liabilities$246.0M$260.9M$388.8M$388.6M$371.8M$282.2M
Equity$511.5M$519.0M$481.1M$499.1M$447.5M$352.2M
EPS (diluted)$-0.03$-0.12$-0.25$0.10$0.59$0.37
Shares out.81.1M78.9M77.0M75.2M70.7M70.2M

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

Key ratios

from filings · FY2016
Operating margin
16.3%
Net margin
−2.4%
Return on equity
−0.5%
Return on assets
−0.4%
Return on capital (ROCE)
3.1%
Liabilities / assets
32.5%
Debt / equity
0.48×
Book value / share
$6.31
Revenue growth (YoY)
−6.9%
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 · FY2016
Altman Z″ (distress)
3.77safe
Accruals / assets
−11.1%clean
Beneish M-Score
-3.17normal
Piotroski F-Score
5/9mixed

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
55
/ 100
Profitability 40Growth 0Catalyst 33Earnings quality 100Financial strength 100

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● 5 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • 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.

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)