Essex Rental Corp.
Industrials · Services-Miscellaneous Equipment Rental & Leasing · IL · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|---|
| Revenue | $21.1M | $25.1M | $23.7M | $21.5M | $41.5M | $52.1M |
| Operating income | −$2.0M | −$642,000 | −$3.9M | −$4.4M | −$7.8M | $7.9M |
| Net income | −$3.2M | −$2.2M | −$4.7M | −$4.7M | −$11.4M | $1.2M |
| Total assets | $325.9M | $332.8M | $354.1M | $380.9M | $383.0M | — |
| Total liabilities | $270.4M | $266.7M | $279.8M | $296.9M | $304.7M | — |
| Equity | $55.5M | $66.1M | $74.2M | $84.0M | $78.3M | $74.1M |
| EPS (diluted) | $-0.13 | $-0.09 | $-0.19 | $-0.21 | $-0.71 | $0.08 |
| Shares out. | 24.8M | 24.6M | 24.5M | 24.4M | 20.5M | 15.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- −9.5%
- Net margin
- −15.0%
- Return on equity
- −5.7%
- Return on assets
- −1.0%
- Return on capital (ROCE)
- −1.2%
- Liabilities / assets
- 83.0%
- Debt / equity
- 4.87×
- Book value / share
- $2.24
- Revenue growth (YoY)
- −15.9%
- 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 · FY2014- Altman Z″ (distress)
- -2.99distress
- Accruals / assets
- 2.1%clean
- Piotroski F-Score
- 1/9weak
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 ScoreOur 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 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- NT 10-Kmissed a reporting deadline ↗Mar 30, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 17, 2015
- NT 10-Qmissed a reporting deadline ↗Aug 11, 2009
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- Entered a material agreementMar 22, 2016
- Delisting / listing-standard noticeDec 8, 2015
- Entered a material agreementDec 1, 2015
- Results of operationsNov 4, 2015
- Entered a material agreementOct 13, 2015
- Director / officer changeOct 13, 2015
- Director / officer change · Other material eventOct 1, 2015
- Entered a material agreementSep 29, 2015
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 (2)
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