Event-Driven Stocks

Eiger BioPharmaceuticals, Inc.

Healthcare · Biological Products, (No Diagnostic Substances) · SEC filings ↗ · Compare ⊕

Signs3 good4 warning3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$15.8M$13.5M$12.1M$0
Operating income−$71.8M−$92.7M−$76.9M−$62.1M−$68.9M−$51.0M
Net income−$75.0M−$96.8M−$33.9M−$65.1M−$70.3M−$52.4M
Total assets$38.8M$120.1M$126.4M$143.6M$105.1M$102.4M
Total liabilities$53.3M$64.8M$54.0M$48.6M$48.7M$35.9M
Equity−$14.5M$55.3M$72.4M$95.0M$56.5M$66.6M
EPS (diluted)$-50.78$-69.74$-1.00$-2.31
Shares out.44.2M34.6M33.9M24.6M19.3M10.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−455.1%
Net margin
−475.3%
Return on equity
518.5%
Return on assets
−193.1%
Return on capital (ROCE)
Liabilities / assets
137.2%
Debt / equity
Book value / share
$-0.33
Revenue growth (YoY)
17.0%
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 · FY2023
Altman Z″ (distress)
-58.32distress
Accruals / assets
1.1%clean
Beneish M-Score
-3.25normal
Piotroski F-Score
3/9weak

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 Score
45
/ 100
Profitability 25Growth 100Catalyst 33Earnings quality 67Financial strength 0

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

3 severe4 warning3 good
  • Negative shareholder equity
  • 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
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • 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

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)