SeaBright Holdings, Inc.

Operating margin

—

Net margin

−5.2%

Return on equity

−4.1%

Return on assets

−1.3%

Return on capital (ROCE)

—

Liabilities / assets

67.2%

Debt / equity

2.05×

Book value / share

$15.83

Revenue growth (YoY)

−7.1%

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.

Accruals / assets

−3.9%clean

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.

• Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsFeb 7, 2013
• Director / officer changeFeb 1, 2013
• Shareholder vote · Other material eventNov 19, 2012
• Other material eventNov 5, 2012
• Results of operationsOct 23, 2012
• Other material eventOct 12, 2012
• Other material eventOct 4, 2012
• Other material eventSep 25, 2012

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.