Event-Driven Stocks

Summit Healthcare REIT, Inc

Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕

Signs● 2 good● 2 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$133,000$266,000$554,000$659,000$953,000$1.3M
Operating income−$213,000$43.3M−$8.0M$7.6M−$1.2M$1.1M
Net income$930,000$27.1M−$24.8M−$8.7M−$585,000−$613,000
Total assets$69.3M$70.8M$189.8M$213.3M$219.1M$80.6M
Total liabilities$44.1M$45.6M$191.7M$190.4M$187.6M$48.5M
Equity$25.0M$25.1M−$2.0M$22.7M$31.4M$31.9M
EPS (diluted)$0.04$1.18$-1.08$-0.38$-0.03$-0.03
Shares out.23.0M23.0M23.0M23.0M23.0M23.0M

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

Key ratios

from filings · FY2025
Operating margin
−160.2%
Net margin
699.2%
Return on equity
3.7%
Return on assets
1.3%
Return on capital (ROCE)
—
Liabilities / assets
63.6%
Debt / equity
1.76×
Book value / share
$1.09
Revenue growth (YoY)
−50.0%
Net income growth (YoY)
−96.6%

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 · FY2025
Accruals / assets
−0.3%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 Score
52
/ 100
Profitability 75Growth 0Catalyst 33Earnings quality 100Financial strength 50

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

● 1 severe● 2 warning● 2 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Revenue declined 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.

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)

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