Event-Driven Stocks

Summer Infant, Inc.

Consumer Discretionary · Miscellaneous Manufacturing Industries · DE · SEC filings ↗ · Compare ⊕

Signs5 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY22FY21FY19FY18FY17FY16
Revenue$143.7M$155.3M$173.2M$173.6M$189.9M$194.3M
Operating income−$2.3M$4.9M$1.8M−$373,000$2.9M−$2.8M
Net income−$2.9M−$1.1M−$4.2M−$4.3M−$2.2M−$4.3M
Total assets$91.2M$74.7M$91.5M$94.2M$98.0M$101.7M
Total liabilities$88.7M$69.6M$86.0M$84.9M$84.4M$86.9M
Equity$2.6M$5.1M$5.6M$9.3M$13.6M$14.8M
EPS (diluted)$-1.35$-0.52$-1.98$-0.47
Shares out.2.2M2.1M18.6M18.6M18.5M18.6M

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

Key ratios

from filings · FY2022
Operating margin
−1.6%
Net margin
−2.0%
Return on equity
−112.5%
Return on assets
−3.2%
Return on capital (ROCE)
−4.4%
Liabilities / assets
97.2%
Debt / equity
34.43×
Book value / share
$1.19
Revenue growth (YoY)
−7.5%
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 · FY2022
Altman Z″ (distress)
-1.15distress
Accruals / assets
6.0%moderate
Beneish M-Score
-1.79normal
Piotroski F-Score
1/9weak

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
23
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 33Financial 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

2 severe5 warning0 good
  • 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)
  • Negative operating cash flow

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 (2)

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