Event-Driven Stocks

HEXION INC.

Materials · Plastic Materials, Synth Resins & Nonvulcan Elastomers · NJ · SEC filings ↗ · Compare ⊕

Signs● 1 good● 5 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY20FY19FY18FY17FY16FY15
Revenue$687.0M$731.0M$3.14B$3.59B$3.44B$4.14B
Operating income−$34.0M$27.0M$189.0M$100.0M$272.0M$260.0M
Net income−$59.0M−$52.0M−$162.0M−$234.0M−$38.0M−$40.0M
Total assets$4.00B$4.15B$1.96B$2.10B$2.06B$2.38B
Total liabilities$3.18B$3.07B$4.88B$4.84B$4.59B$4.86B
Equity$823.0M$1.07B−$2.91B−$2.74B−$2.54B−$2.48B
EPS (diluted)——————
Shares out.10082.6M82.6M82.6M82.6M82.6M

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

Key ratios

from filings · FY2020
Operating margin
−4.9%
Net margin
−8.6%
Return on equity
−7.2%
Return on assets
−1.5%
Return on capital (ROCE)
−1.0%
Liabilities / assets
79.4%
Debt / equity
3.86×
Book value / share
$8230000.00
Revenue growth (YoY)
−6.0%
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 · FY2020
Altman Z″ (distress)
0.37distress
Accruals / assets
−0.8%clean
Piotroski F-Score
2/9weak

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
30
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 67Financial 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● 5 warning● 1 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
  • 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 (1)

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