UNION DRILLING INC
Energy · Drilling Oil & Gas Wells · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | FY09 | |
|---|---|---|---|
| Revenue | $250.9M | $192.5M | $168.9M |
| Operating income | −$9.3M | −$25.3M | −$15.6M |
| Net income | −$5.4M | −$16.1M | −$12.0M |
| Total assets | $342.0M | $301.0M | — |
| Total liabilities | $144.4M | $99.2M | — |
| Equity | $197.7M | $201.8M | $216.3M |
| EPS (diluted) | $-0.23 | $-0.69 | $-0.55 |
| Shares out. | 23.2M | 23.2M | 21.8M |
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
- −3.7%
- Net margin
- −2.1%
- Return on equity
- −2.7%
- Return on assets
- −1.6%
- Return on capital (ROCE)
- −3.0%
- Liabilities / assets
- 42.2%
- Debt / equity
- 0.73×
- Book value / share
- $8.53
- Revenue growth (YoY)
- 30.3%
- 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 · FY2011- Altman Z″ (distress)
- 1.93grey zone
- Accruals / assets
- −11.5%clean
- Piotroski F-Score
- 6/9mixed
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 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
● 3 warning● 4 good- Operating losses (negative operating margin)
- Reported a net loss
- Altman Z″ in the grey zone
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Hoffen Howard IDirector | Nov 5, 2012 | U | 5,353 | $6.50 |
| Castillo Tina LOfficer — Senior VP, CFO & Treasurer | Nov 5, 2012 | U | 408 | $6.50 |
| Harrell RonaldDirector | Nov 5, 2012 | U | 5,353 | $6.50 |
| Strong Christopher DOfficer — President and CEO | Nov 5, 2012 | U | 98,722 | $6.50 |
| Glauthier T JDirector | Nov 5, 2012 | U | 5,353 | $6.50 |
| Oneill Thomas H JrDirector | Nov 5, 2012 | U | 5,353 | $6.50 |
| Wohleber Robert MDirector | Nov 5, 2012 | U | 5,353 | $6.50 |
| Myers Gregory DDirector | Nov 5, 2012 | U | 5,353 | $6.50 |
| Goldberg David SOfficer — SVP, Gen Counsel & Corp Sec | Nov 5, 2012 | U | 2,000 | $6.50 |
| Mchugh M JosephDirector | Nov 5, 2012 | U | 10,353 | $6.50 |
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- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsNov 6, 2012
- Entered a material agreementSep 28, 2012
- Other material eventSep 25, 2012
- Regulation FD disclosureSep 12, 2012
- Results of operationsAug 1, 2012
- Shareholder voteJun 7, 2012
- Results of operationsMay 2, 2012
- Results of operationsMar 7, 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 ↗- EFFECTNov 19, 2012
- EFFECTNov 19, 2012
- 15-12GFORM 15Nov 15, 2012
- 3FORM 3Nov 15, 2012
- 3FORM 3Nov 15, 2012
- 3FORM 3Nov 15, 2012
- 3FORM 3Nov 15, 2012
- 3FORM 3Nov 15, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO S-8Nov 13, 2012
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO S-3Nov 13, 2012
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO S-3Nov 13, 2012
- 8-KFORM 8-KNov 6, 2012
- 4FORM 4Nov 6, 2012
- 4FORM 4Nov 6, 2012
- 4FORM 4Nov 6, 2012
Event-driven situations (1)
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