Event-Driven Stocks

Adamas Pharmaceuticals Inc

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

Signs3 good4 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY20FY19FY18FY17FY16FY15
Revenue$74.5M$54.6M$2.6M$571,000$572,000$1.9M
Operating income−$44.2M−$92.2M−$115.0M−$87.9M−$61.0M−$57.4M
Net income−$57.4M−$105.2M−$35.0M−$16.0M−$13.8M−$51.8M
Total assets$120.0M$162.2M$234.8M$186.2M$142.5M$128.7M
Total liabilities$170.0M$163.1M$144.9M$120.0M$10.3M$12.6M
Equity−$50.0M−$893,000$89.9M$66.1M$132.2M$116.2M
EPS (diluted)$-2.77$-2.86
Shares out.28.0M27.4M26.8M22.2M21.4M17.6M

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
−59.3%
Net margin
−77.1%
Return on equity
114.9%
Return on assets
−47.8%
Return on capital (ROCE)
−51.9%
Liabilities / assets
141.6%
Debt / equity
Book value / share
$-1.78
Revenue growth (YoY)
36.3%
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)
-12.30distress
Accruals / assets
5.6%clean
Beneish M-Score
-2.51normal
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
49
/ 100
Profitability 20Growth 100Catalyst 33Earnings quality 67Financial strength 25

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

2 severe4 warning3 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

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 (1)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.