NORTEK INC
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Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|---|
| Revenue | $572.7M | $547.8M | $2.29B | $2.20B | $2.14B | $1.90B |
| Operating income | $7.7M | $12.5M | $87.9M | $127.6M | $63.1M | $70.6M |
| Net income | −$13.9M | −$8.6M | −$8.3M | $9.5M | −$55.9M | −$13.4M |
| Total assets | $2.14B | $2.21B | $1.99B | $1.89B | $1.94B | — |
| Total liabilities | — | — | — | — | — | — |
| Equity | $12.3M | $42.2M | $99.9M | $94.2M | $80.4M | $158.8M |
| EPS (diluted) | $-0.87 | $-0.55 | $-0.54 | $0.61 | $-3.70 | $-0.89 |
| Shares out. | 16.3M | 15.4M | 15.3M | 15.1M | 15.1M | 15.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- 1.3%
- Net margin
- −2.4%
- Return on equity
- −113.0%
- Return on assets
- −0.6%
- Return on capital (ROCE)
- 0.5%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $0.76
- Revenue growth (YoY)
- 4.5%
- 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 · FY2015- Accruals / assets
- −2.9%clean
- Piotroski F-Score
- 3/8weak
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. What these scores mean →
Signs
● 1 severe● 1 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Operating margin is positive
- Revenue is growing year-over-year
- 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 17, 2009
- NT 10-Qmissed a reporting deadline ↗Aug 18, 2009
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2009
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2008
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- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventAug 31, 2016
- Results of operationsAug 8, 2016
- Entered a material agreement · Director / officer change · Amended charter or bylaws · Regulation FD disclosureJul 6, 2016
- Other material eventJun 7, 2016
- Results of operationsMay 12, 2016
- Entered a material agreement · New financial obligationMay 12, 2016
- Shareholder voteMay 3, 2016
- Results of operationsMar 1, 2016
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 ↗- 15-12BSep 12, 2016
- SC 13D/AGATES CAPITAL MANAGEMENT, INC.Sep 7, 2016
- SC 13D/ASep 7, 2016
- 4PRIMARY DOCUMENTSep 1, 2016
- 4PRIMARY DOCUMENTSep 1, 2016
- 4PRIMARY DOCUMENTSep 1, 2016
- 4PRIMARY DOCUMENTSep 1, 2016
- 4PRIMARY DOCUMENTSep 1, 2016
- 4PRIMARY DOCUMENTAug 31, 2016
- 4PRIMARY DOCUMENTAug 31, 2016
- 4PRIMARY DOCUMENTAug 31, 2016
- 4PRIMARY DOCUMENTAug 31, 2016
- 4PRIMARY DOCUMENTAug 31, 2016
- 4PRIMARY DOCUMENTAug 31, 2016
- 4PRIMARY DOCUMENTAug 31, 2016
Event-driven situations (2)
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