Event-Driven Stocks

Spansion Inc.

Technology · Semiconductors & Related Devices · SEC filings ↗ · Compare ⊕

Signs3 good3 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY14FY13FY12FY11FY10
Revenue$311.8M$189.6M$915.9M$1.07B$403.6M
Operating income−$9.4M−$5.4M$62.8M−$5.3M
Net income−$70.0M−$78.3M$24.9M−$55.9M$363.6M
Total assets$1.38B$1.38B$1.17B$1.19B
Total liabilities$846.5M$843.5M$610.4M$668.6M
Equity$528.7M$537.5M$561.8M$521.2M$624.3M
EPS (diluted)$-0.38$-0.25$0.41$-0.91$2.24
Shares out.60.1M58.1M61.0M61.3M162.6M

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

Key ratios

from filings · FY2014
Operating margin
−3.0%
Net margin
−22.5%
Return on equity
−13.2%
Return on assets
−5.1%
Return on capital (ROCE)
−1.0%
Liabilities / assets
61.6%
Debt / equity
1.60×
Book value / share
$8.80
Revenue growth (YoY)
64.4%
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 · FY2014
Altman Z″ (distress)
1.82grey zone
Accruals / assets
10.8%clean
Beneish M-Score
-3.06normal
Piotroski F-Score
4/9mixed

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 0Growth 100Catalyst 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. What these scores mean →

Signs

1 severe3 warning3 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Altman Z″ in the grey zone
  • Revenue is growing 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 (2)

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