Event-Driven Stocks

CADENCE PHARMACEUTICALS INC

Healthcare · Pharmaceutical Preparations · SEC filings ↗ · Compare ⊕

Signs1 good4 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY13FY12FY11FY10
Revenue$23.6M$8.0M$16.7M
Operating income−$27.5M−$76.7M−$88.7M−$54.9M
Net income−$1.4M−$22.7M−$93.0M−$56.6M
Total assets$90.8M$97.7M$163.7M$163.8M
Total liabilities$55.9M$49.9M$44.4M$39.8M
Equity$34.9M$47.8M$119.3M$124.0M
EPS (diluted)
Shares out.85.7M85.5M85.5M63.1M

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

Key ratios

from filings · FY2013
Operating margin
−116.7%
Net margin
−5.8%
Return on equity
−3.9%
Return on assets
−1.5%
Return on capital (ROCE)
−50.8%
Liabilities / assets
61.6%
Debt / equity
1.60×
Book value / share
$0.41
Revenue growth (YoY)
195.0%
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 · FY2013
Altman Z″ (distress)
-15.34distress
Accruals / assets
24.0%high accruals
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
37
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 0Financial 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 severe4 warning1 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Revenue is growing year-over-year

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)

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