Newcastle Investment Corp
Other · Retail-Eating & Drinking Places · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $61.1M | $61.1M | $272.1M | $314.4M | $292.6M | $298.9M |
| Operating income | −$7.9M | −$14.8M | −$67.3M | −$26.4M | −$44.9M | −$39.2M |
| Net income | −$10.9M | −$17.4M | −$54.9M | −$38.7M | −$42.2M | $77.3M |
| Total assets | $482.8M | $457.1M | $516.0M | $401.9M | $536.6M | $1.17B |
| Total liabilities | $452.9M | $447.0M | $450.4M | $267.3M | $365.6M | $953.9M |
| Equity | $28.4M | $10.0M | $65.6M | $134.7M | $171.1M | $218.1M |
| EPS (diluted) | $-0.15 | $-0.28 | $-0.90 | $-0.66 | $-0.71 | $1.04 |
| Shares out. | 91.3M | 67.1M | 67.0M | 67.0M | 66.8M | 66.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −12.9%
- Net margin
- −17.8%
- Return on equity
- −38.4%
- Return on assets
- −2.3%
- Return on capital (ROCE)
- −2.1%
- Liabilities / assets
- 93.8%
- Debt / equity
- 15.95×
- Book value / share
- $0.31
- Revenue growth (YoY)
- −0.1%
- 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 · FY2021- Altman Z″ (distress)
- -22.25distress
- Accruals / assets
- −2.3%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
● 2 severe● 4 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
- Revenue declined year-over-year
- High leverage (liabilities > 70% 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.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 10, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 17, 2022
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Khouri HanaOfficer — President | May 16, 2022 | Buy | 14,500 | $1.73 |
| Clifford William JDirector | Dec 18, 2020 | Grant | 22,449 | $0.00 |
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- Delisting / listing-standard noticeDec 14, 2022
- Delisting / listing-standard noticeNov 21, 2022
- Results of operationsNov 21, 2022
- Delisting / listing-standard noticeOct 11, 2022
- Results of operationsAug 9, 2022
- Shareholder voteMay 20, 2022
- Modified shareholder rightsMay 17, 2022
- Results of operationsMay 10, 2022
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 ↗Corporate family
Spin-offs from Newcastle Investment Corp (2)
- New Senior Investment Group Inc.completedNov 6, 2014details
- Rithm Capital Corp.RITMcompletedMay 15, 2013details
From the spin-off filings we track. Follow a company to walk its own history.
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.