VERTICAL HEALTH SOLUTIONS INC
Industrials · Wholesale-Medical, Dental & Hospital Equipment & Supplies · FL · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|
| Revenue | $76,183 | $0 | $0 | $0 |
| Operating income | −$6.6M | −$3.9M | −$1.2M | — |
| Net income | −$4.6M | −$4.3M | −$1.2M | — |
| Total assets | $1.5M | $659,570 | $597,559 | — |
| Total liabilities | $607,301 | $740,777 | $914,623 | — |
| Equity | $881,674 | −$81,206 | −$317,064 | −$664,694 |
| EPS (diluted) | $-0.40 | $-0.22 | — | — |
| Shares out. | 10.7M | 9.2M | 10.6M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −8684.1%
- Net margin
- −6032.8%
- Return on equity
- −521.3%
- Return on assets
- −308.7%
- Return on capital (ROCE)
- −679.3%
- Liabilities / assets
- 40.8%
- Debt / equity
- 0.69×
- Book value / share
- $0.08
- 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)
- -8.61distress
- Accruals / assets
- −97.7%clean
- Piotroski F-Score
- 5/8mixed
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● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- 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 15, 2012
- NT 10-Qmissed a reporting deadline ↗May 16, 2012
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2012
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2010
- NT 10-Qmissed a reporting deadline ↗May 17, 2010
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2010
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- Bankruptcy or receivershipMar 17, 2014
- Director / officer changeJan 23, 2014
- Director / officer changeSep 5, 2013
- Director / officer changeSep 3, 2013
- Changed auditorAug 13, 2013
- New financial obligation · Unregistered equity saleJan 8, 2013
- Entered a material agreement · Unregistered equity saleOct 4, 2012
- New financial obligation · Unregistered equity saleSep 11, 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 ↗- 15-12BONMD1512B10222014Oct 27, 2014
- 8-KCHAPTER 11 NOTIFICATIONMar 17, 2014
- 8-KDIRECTOR RESIGNATIONJan 23, 2014
- 10-QNov 25, 2013
- NTN 10QNOTICE 12B-5Nov 18, 2013
- 8-KONMD8K08292013Sep 5, 2013
- 8-KONMD8K08282013Sep 3, 2013
- 10-Q/AFORM 10-Q/AAug 15, 2013
- 10-QFORM 10-QAug 14, 2013
- 8-KAug 13, 2013
- 4ONMDFORM4LINSTROMFORM.XMLAug 5, 2013
- 4OWNERSHIP DOCUMENTJun 20, 2013
- 10-QMay 14, 2013
- RWApr 4, 2013
- 10-K/AApr 2, 2013
Event-driven situations (1)
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