Event-Driven Stocks

Volcano Corp

Healthcare · Electromedical & Electrotherapeutic Apparatus · DE · SEC filings ↗ · Compare ⊕

Signs4 good2 warningdetails ↓

Financials

SEC XBRL · annual
 FY13FY12FY11FY10FY09
Revenue$93.2M$90.4M$343.5M$294.1M$227.9M
Operating income−$1.8M$1.9M$25.4M$10.0M−$30.8M
Net income−$3.2M$271,000$38.1M$5.2M−$29.0M
Total assets$831.9M$902.3M$496.7M$431.6M
Total liabilities$532.1M$494.0M$157.5M$157.2M
Equity$299.8M$408.3M$339.2M$274.3M$214.8M
EPS (diluted)$-0.06$0.00$0.70$0.10$-0.60
Shares out.54.1M52.9M52.7M51.4M48.4M

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
−1.9%
Net margin
−3.4%
Return on equity
−1.1%
Return on assets
−0.4%
Return on capital (ROCE)
−0.2%
Liabilities / assets
64.0%
Debt / equity
1.77×
Book value / share
$5.54
Revenue growth (YoY)
3.2%
Net income growth (YoY)
−1266.4%

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)
3.44safe
Accruals / assets
2.0%clean
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
52
/ 100
Profitability 0Growth 50Catalyst 33Earnings quality 100Financial strength 75

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 warning4 good
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

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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