MIDWEST GENERATION LLC
Utilities · Cogeneration Services & Small Power Producers · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | FY09 | FY08 | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | −$516.0M | $288.0M | $370.0M | $710.0M |
| Net income | — | $215.0M | $259.0M | $477.0M |
| Total assets | $4.19B | $4.94B | $5.06B | $5.71B |
| Total liabilities | $921.0M | $1.16B | $1.32B | $1.94B |
| Equity | $3.27B | $3.78B | $3.75B | $3.77B |
| EPS (diluted) | — | — | — | — |
| Shares out. | 100 | 100 | 100.0M | 100 |
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
- —
- Net margin
- —
- Return on equity
- —
- Return on assets
- —
- Return on capital (ROCE)
- −13.1%
- Liabilities / assets
- 22.0%
- Debt / equity
- 0.28×
- Book value / share
- $32690000.00
- 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 · FY2011- Altman Z″ (distress)
- 3.31safe
- Piotroski F-Score
- 3/4weak
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 good- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- 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.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Changed auditor · Change in control · Item 5.05Apr 7, 2014
- Bankruptcy or receivershipMar 17, 2014
- Entered a material agreement · Other material eventFeb 19, 2014
- Other material eventDec 23, 2013
- Other material eventNov 20, 2013
- Entered a material agreementOct 18, 2013
- Other material eventJul 12, 2013
- Item 5.05Jul 2, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.