Event-Driven Stocks

Tobira Therapeutics, Inc.

Healthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕

Signs1 good2 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY15FY14FY13FY12
Revenue$832,000
Operating income−$52.9M−$20.0M−$15.2M−$12.2M
Net income−$7.0M−$2.8M−$18.6M−$13.1M
Total assets$65.5M$8.3M$45.8M$21.8M
Total liabilities$22.7M$55.7M$11.6M$5.5M
Equity$42.8M−$109.4M−$86.0M−$69.0M
EPS (diluted)
Shares out.33.6M25.3M21.3M221,272

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

Key ratios

from filings · FY2015
Operating margin
Net margin
Return on equity
−16.4%
Return on assets
−10.7%
Return on capital (ROCE)
−91.1%
Liabilities / assets
34.7%
Debt / equity
0.53×
Book value / share
$1.27
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 · FY2015
Altman Z″ (distress)
-5.99distress
Accruals / assets
37.1%high accruals
Piotroski F-Score
3/7weak

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 Score
27
/ 100
Profitability 0Growth n/aCatalyst 33Earnings quality 0Financial strength 75

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 severe2 warning1 good
  • Altman Z″ in the distress zone
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Conservative leverage (liabilities < 50% of assets)

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

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 (2)

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