EAST COAST DIVERSIFIED CORP
Technology · Radio & Tv Broadcasting & Communications Equipment · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|
| Revenue | $404,455 | $180,271 | $715,986 | $517,661 |
| Operating income | −$1.3M | −$1.9M | −$3.0M | −$1.9M |
| Net income | −$1.8M | −$2.3M | −$4.3M | −$2.3M |
| Total assets | $776,602 | $634,114 | $746,807 | $2.1M |
| Total liabilities | $5.6M | $4.4M | $3.5M | $3.8M |
| Equity | −$4.4M | −$4.6M | −$3.9M | −$2.6M |
| EPS (diluted) | — | — | — | — |
| Shares out. | 8.27B | 8.7M | 7.2M | 579,791 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- −316.8%
- Net margin
- −448.5%
- Return on equity
- 40.8%
- Return on assets
- −233.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 724.4%
- Debt / equity
- —
- Book value / share
- $-0.00
- Revenue growth (YoY)
- 124.4%
- 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 · FY2014- Altman Z″ (distress)
- -146.58distress
- Accruals / assets
- −137.8%clean
- Beneish M-Score
- 1845.00elevated
- Piotroski F-Score
- 5/9mixed
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 severe● 5 warning● 3 good- Negative shareholder equity
- 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Beneish M-Score elevated — earnings-manipulation screen flag
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- 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-Kmissed a reporting deadline ↗Mar 31, 2016
- NT 10-Qmissed a reporting deadline ↗Nov 17, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2015
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2014
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2014
- NT 10-Qmissed a reporting deadline ↗May 15, 2014
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- Changed auditorJul 14, 2015
- Director / officer changeAug 28, 2013
- Entered a material agreementJul 31, 2012
- Entered a material agreementJun 11, 2012
- Entered a material agreement · Unregistered equity saleMay 8, 2012
- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Unregistered equity saleOct 31, 2011
- Entered a material agreement · Unregistered equity saleJul 8, 2011
- Amended charter or bylawsJul 8, 2011
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 ↗- REVOKEDJun 5, 2018
- NT 10-KMar 31, 2016
- 10-QNov 18, 2015
- NT 10-QNov 17, 2015
- 10-QAug 14, 2015
- 8-KFORM 8-KJul 14, 2015
- 10-QQUARTERLY REPORTMay 15, 2015
- 10-KANNUAL REPORTApr 15, 2015
- NT 10-KEAST COAST DIVERSIFIED CORPORATIONMar 31, 2015
- SC 13G/AFeb 13, 2015
- 10-Q/AAMENDMENT FOR XBRL EXHIBITSDec 1, 2014
- 10-Q/AFORM 10-Q AMENDMENTDec 1, 2014
- 10-QFORM 10-QNov 20, 2014
- NT 10-QEXTENSIONNov 14, 2014
- 10-QQUARTERLY REPORTAug 19, 2014
Event-driven situations (1)
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