Event-Driven Stocks

American Standard Energy Corp.

Energy · Drilling Oil & Gas Wells · DE · SEC filings ↗ · Compare ⊕

Signs4 good2 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY12FY11FY10FY09
Revenue$19.7M$9.8M$6.9M$5.7M
Operating income−$60.1M−$13.1M−$2.8M$1.3M
Net income−$93.7M−$13.7M−$2.8M$1.4M
Total assets$129.5M$95.9M$32.8M
Total liabilities$45.7M$36.9M$5.7M
Equity$83.8M$59.0M$27.1M$14.4M
EPS (diluted)$-1.63$-0.42
Shares out.45.3M40.0M28.3M

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

Key ratios

from filings · FY2012
Operating margin
−304.2%
Net margin
−474.9%
Return on equity
−111.9%
Return on assets
−72.4%
Return on capital (ROCE)
−70.1%
Liabilities / assets
35.3%
Debt / equity
0.55×
Book value / share
$1.85
Revenue growth (YoY)
101.4%
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 · FY2012
Altman Z″ (distress)
-1.66distress
Accruals / assets
79.1%clean
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.

Signs

2 severe2 warning4 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 is growing year-over-year
  • 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.

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)