Event-Driven Stocks

Eagle Bulk Shipping Inc.

Industrials · Deep Sea Foreign Transportation of Freight · SEC filings ↗ · Compare ⊕

Signs● 4 good● 1 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$393.8M$719.8M$594.5M$275.1M$292.4M$310.1M
Operating income$37.7M$252.4M$261.4M−$4.8M$9.4M$37.6M
Net income$22.7M$248.0M$184.9M−$35.1M−$21.7M$12.6M
Total assets$1.15B$1.24B$1.13B$967.1M$1.00B$846.2M
Total liabilities$547.7M$418.0M$455.4M$496.7M$520.6M$366.6M
Equity$600.2M$819.2M$671.3M$470.4M$481.5M$479.6M
EPS (diluted)$1.96$15.57$11.79$-3.40$-2.13$1.23
Shares out.13.7M13.6M12.4M76.7M73.2M73.1M

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
9.6%
Net margin
5.8%
Return on equity
3.8%
Return on assets
2.0%
Return on capital (ROCE)
4.0%
Liabilities / assets
47.7%
Debt / equity
0.91×
Book value / share
$43.78
Revenue growth (YoY)
−45.3%
Net income growth (YoY)
−90.8%

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)
0.79distress
Accruals / assets
−2.9%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 Score
57
/ 100
Profitability 100Growth 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

● 2 severe● 1 warning● 4 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • Operating margin is positive
  • Conservative leverage (liabilities < 50% of assets)
  • 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.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

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)