Rand Logistics, Inc.
Industrials · Water Transportation · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $115.5M | $148.4M | $153.0M | $155.8M | $156.6M | $147.8M |
| Operating income | −$279,000 | $8.4M | $7.3M | $10.9M | $8.1M | $15.2M |
| Net income | −$18.2M | −$4.2M | −$9.4M | −$4.5M | −$3.8M | $8.1M |
| Total assets | $248.6M | $260.5M | $250.3M | $265.0M | $270.8M | $257.8M |
| Total liabilities | $229.3M | $220.9M | $204.0M | $204.3M | $198.4M | $178.5M |
| Equity | $19.3M | $39.6M | $46.2M | $60.7M | $72.4M | $79.3M |
| EPS (diluted) | $-1.08 | $-0.31 | $-0.59 | $-0.44 | $-0.39 | $0.33 |
| Shares out. | 18.6M | 18.4M | 18.0M | 17.9M | 17.9M | 17.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −0.2%
- Net margin
- −15.8%
- Return on equity
- −94.6%
- Return on assets
- −7.3%
- Return on capital (ROCE)
- −1.2%
- Liabilities / assets
- 92.3%
- Debt / equity
- 11.91×
- Book value / share
- $1.03
- Revenue growth (YoY)
- −22.2%
- 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 · FY2017- Altman Z″ (distress)
- -6.58distress
- Accruals / assets
- −9.4%clean
- Piotroski F-Score
- 2/9weak
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
● 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-Kmissed a reporting deadline ↗Jul 3, 2017
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2016
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2007
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2006
- NT 10-Kmissed a reporting deadline ↗Jun 30, 2006
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2005
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- Bankruptcy or receivership · Modified shareholder rights · Director / officer change · Regulation FD disclosureMar 1, 2018
- Director / officer changeFeb 7, 2018
- Bankruptcy or receivership · Debt acceleration / triggering eventJan 30, 2018
- Delisting / listing-standard noticeJan 4, 2018
- Entered a material agreement · Regulation FD disclosureNov 22, 2017
- Regulation FD disclosureOct 6, 2017
- Delisting / listing-standard noticeSep 22, 2017
- Results of operationsAug 15, 2017
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 ↗- 15-12GMar 9, 2018
- EFFECTMar 7, 2018
- EFFECTMar 7, 2018
- EFFECTMar 7, 2018
- EFFECTMar 7, 2018
- S-8 POSMar 1, 2018
- POS AMMar 1, 2018
- POS AMMar 1, 2018
- POS AMMar 1, 2018
- POS AMMar 1, 2018
- 4OWNERSHIP DOCUMENTMar 1, 2018
- 4OWNERSHIP DOCUMENTMar 1, 2018
- 4OWNERSHIP DOCUMENTMar 1, 2018
- 4OWNERSHIP DOCUMENTMar 1, 2018
- 4OWNERSHIP DOCUMENTMar 1, 2018
Event-driven situations (1)
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