Event-Driven Stocks

FIRST MARBLEHEAD CORP

Financials · Personal Credit Institutions · SEC filings ↗ · Compare ⊕

Signs3 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY15FY14FY13FY12FY11FY10
Revenue$13.2M$13.3M$40.0M$37.3M$932,000$9.3M
Operating income
Net income−$8.6M−$5.1M−$50.2M$1.10B−$221.6M−$170.9M
Total assets$240.8M$442.9M$472.3M$457.8M$7.65B
Total liabilities$138.6M$296.4M$293.0M$230.8M$8.53B
Equity$102.2M$146.5M$179.3M$227.0M−$879.9M$217.3M
EPS (diluted)$-3.33$-4.68$99.60$-2.20$-1.72
Shares out.11.7M11.5M112.7M102.1M101.3M99.5M

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
Net margin
−65.2%
Return on equity
−8.4%
Return on assets
−3.6%
Return on capital (ROCE)
Liabilities / assets
57.6%
Debt / equity
1.36×
Book value / share
$8.76
Revenue growth (YoY)
−0.8%
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
9.3%moderate
Piotroski F-Score
2/7weak

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 Score
33
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 33Financial strength 100

Our 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

1 severe3 warning0 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Reported a net loss
  • Revenue declined year-over-year
  • Negative operating cash flow

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

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

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 ↗

Event-driven situations (1)

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