Global Geophysical Services Inc
Energy · Oil & Gas Field Exploration Services · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|
| Revenue | $288.7M | $339.4M | $384.8M | $254.7M | $312.8M |
| Operating income | −$120.2M | $40.9M | $43.4M | −$11.0M | $18.3M |
| Net income | −$153.5M | −$15.6M | $4.9M | −$39.7M | $445,000 |
| Total assets | $392.9M | $547.7M | $506.4M | $413.3M | — |
| Total liabilities | $426.2M | $443.5M | $392.8M | $311.4M | — |
| Equity | −$33.3M | $104.2M | $113.6M | $101.9M | $63.9M |
| EPS (diluted) | $-4.03 | $-0.42 | $0.13 | $-1.44 | $0.02 |
| Shares out. | 37.7M | 37.0M | 37.0M | 27.5M | 28.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- −41.6%
- Net margin
- −53.2%
- Return on equity
- 460.6%
- Return on assets
- −39.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 108.5%
- Debt / equity
- —
- Book value / share
- $-0.88
- Revenue growth (YoY)
- −15.0%
- 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 · FY2013- Altman Z″ (distress)
- -9.45distress
- Accruals / assets
- −53.9%clean
- 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 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● 4 warning● 3 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
- Revenue declined year-over-year
- 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-Qmissed a reporting deadline ↗Nov 12, 2014
- NT 10-Qmissed a reporting deadline ↗Aug 12, 2014
- NT 10-Qmissed a reporting deadline ↗May 13, 2014
- NT 10-Kmissed a reporting deadline ↗Mar 18, 2014
- NT 10-Qmissed a reporting deadline ↗Aug 12, 2013
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- Entered a material agreement · Terminated a material agreement · Bankruptcy or receivership · New financial obligation · Unregistered equity sale · Change in control · Director / officer changeFeb 9, 2015
- Modified shareholder rights · Amended charter or bylaws · Item 5.05Feb 9, 2015
- Regulation FD disclosureJan 29, 2015
- Other material eventJan 16, 2015
- Regulation FD disclosureDec 30, 2014
- Changed auditorDec 5, 2014
- Regulation FD disclosureDec 4, 2014
- Regulation FD disclosure · Other material eventNov 26, 2014
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/A NO. 2May 29, 2015
- SC 13G/AGGS AS OF 12/31/2014Feb 11, 2015
- 15-12BFORM 15-12BFeb 10, 2015
- 8-KFORM 8-KFeb 9, 2015
- 8-KFORM 8-KFeb 9, 2015
- 8-KFORM 8-KJan 29, 2015
- 8-KFORM 8-KJan 16, 2015
- 8-KFORM 8-KDec 30, 2014
- 4Dec 24, 2014
- 4Dec 10, 2014
- EFFECTDec 8, 2014
- EFFECTDec 8, 2014
- 8-KFORM 8-KDec 5, 2014
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3Dec 4, 2014
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3Dec 4, 2014
Event-driven situations (1)
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