Copano Energy, L.L.C.
Utilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | FY08 | |
|---|---|---|---|---|---|
| Revenue | $337.2M | $289.9M | $266.7M | $820.0M | $1.45B |
| Operating income | −$132.7M | $16.4M | $13.9M | $72.4M | $105.7M |
| Net income | −$147.7M | −$156.3M | −$8.7M | $23.2M | $58.2M |
| Total assets | $2.20B | $2.06B | $1.91B | $1.87B | — |
| Total liabilities | — | — | — | — | — |
| Equity | — | $871.9M | $1.15B | — | — |
| EPS (diluted) | — | $-2.86 | $-0.37 | $0.40 | $1.01 |
| Shares out. | 72.2M | 66.0M | 65.9M | 58.0M | 57.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −39.3%
- Net margin
- −43.8%
- Return on equity
- —
- Return on assets
- −6.7%
- Return on capital (ROCE)
- −6.7%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- 16.3%
- 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 · FY2012- Accruals / assets
- −13.5%clean
- Piotroski F-Score
- 5/8mixed
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
● 2 warning● 3 good- Operating losses (negative operating margin)
- Reported a net loss
- 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.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Other material eventMay 1, 2013
- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Changed auditor · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteMay 1, 2013
- Other material eventApr 22, 2013
- Entered a material agreementApr 17, 2013
- Other material eventApr 11, 2013
- Results of operationsFeb 28, 2013
- Director / officer changeFeb 15, 2013
- Entered a material agreementFeb 4, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.