Horizon Lines, Inc.
Industrials · Water Transportation · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Operating income | −$8.6M | −$4.3M | $4.3M | −$97.9M | $4.9M |
| Net income | −$26.2M | −$20.4M | −$94.7M | −$229.4M | −$58.0M |
| Total assets | $580.1M | $624.6M | $601.2M | $639.8M | $785.8M |
| Total liabilities | $725.3M | $668.4M | $618.0M | $805.8M | $746.0M |
| Equity | −$145.3M | −$43.8M | −$16.7M | −$166.0M | $39.8M |
| EPS (diluted) | $-0.66 | $-0.59 | $-4.15 | $-156.70 | $-47.28 |
| Shares out. | 38.9M | 34.4M | 3.3M | 56.7M | 1.2M |
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
- —
- Net margin
- —
- Return on equity
- 18.1%
- Return on assets
- −4.5%
- Return on capital (ROCE)
- −2.0%
- Liabilities / assets
- 125.0%
- Debt / equity
- —
- Book value / share
- $-3.73
- Revenue growth (YoY)
- —
- 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)
- -3.40distress
- Accruals / assets
- −9.7%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.
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
● 3 severe● 1 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Strong return on equity (>15%)
- 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 ↗Mar 27, 2012
- NT 10-Kmissed a reporting deadline ↗Mar 11, 2011
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- Results of operations · Regulation FD disclosureMay 1, 2015
- Entered a material agreementApr 28, 2015
- Other material eventApr 23, 2015
- Results of operations · Regulation FD disclosureMar 13, 2015
- Entered a material agreement · Completed an acquisition or dispositionMar 13, 2015
- Shareholder voteFeb 25, 2015
- Entered a material agreementFeb 17, 2015
- Other material eventJan 13, 2015
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 ↗- SC 13G/ASCHEDULE 13G CLOSE FILINGJul 8, 2015
- SC 13D/AJun 2, 2015
- 4FORM 4 SUBMISSIONMay 29, 2015
- 4FORM 4 SUBMISSIONMay 29, 2015
- 4FORM 4 SUBMISSIONMay 29, 2015
- 4FORM 4 SUBMISSIONMay 29, 2015
- 4FORM 4 SUBMISSIONMay 29, 2015
- 4FORM 4 SUBMISSIONMay 29, 2015
- 4FORM 4 SUBMISSIONMay 29, 2015
- 4FORM 4 SUBMISSIONMay 29, 2015
- 4FORM 4 SUBMISSIONMay 29, 2015
- 15-12BMay 29, 2015
- 10-K/AFORM 10-K AMENDMENT NO. 1May 26, 2015
- 8-KFORM 8-KMay 1, 2015
- 10-QMay 1, 2015
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.