UNIVERSITY GENERAL HEALTH SYSTEM, INC.
Healthcare · Services-Hospitals · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|
| Revenue | $164.0M | $113.2M | $71.2M | $56.1M |
| Operating income | −$17.1M | $19.1M | $2.5M | $3.4M |
| Net income | −$34.5M | −$3.4M | −$2.6M | −$1.7M |
| Total assets | $183.3M | $174.8M | $114.5M | $66.5M |
| Total liabilities | $186.9M | $161.6M | $115.1M | $104.6M |
| Equity | −$11.3M | $5.7M | −$5.9M | −$38.1M |
| EPS (diluted) | $-0.10 | $-0.01 | $-0.01 | — |
| Shares out. | 375.1M | 283.4M | 283.4M | 152.5M |
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
- −10.4%
- Net margin
- −21.1%
- Return on equity
- 305.5%
- Return on assets
- −18.9%
- Return on capital (ROCE)
- −18.9%
- Liabilities / assets
- 102.0%
- Debt / equity
- —
- Book value / share
- $-0.03
- Revenue growth (YoY)
- 44.8%
- 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)
- -4.42distress
- Accruals / assets
- −23.8%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 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.
Signs
● 3 severe● 3 warning● 4 good- Negative shareholder equity
- 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
- High leverage (liabilities > 70% of assets)
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- 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- NT 10-Kmissed a reporting deadline ↗Apr 1, 2014
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2013
- NT 10-Qmissed a reporting deadline ↗May 16, 2013
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 9, 2012
- NT 10-Qmissed a reporting deadline ↗Aug 8, 2012
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Sapaugh Donald WOfficer — President | Mar 4, 2014 | Grant | 100,000 | $0.20 |
| Chahadeh HassanOfficer — Chairman and CEO | Feb 12, 2013 | Grant | 2.0M | $0.13 |
| Sapaugh Donald WOfficer — President | Feb 12, 2013 | Grant | 1.0M | $130000.00 |
| Griffin Michael L.Officer — Chief Financial Officer | Feb 12, 2013 | Grant | 1.0M | $0.13 |
| Laborde Edward T. Jr.Officer — General Counsel and Secretary | Feb 12, 2013 | Grant | 1.0M | $0.13 |
| Sapaugh Donald WOfficer — President and CEO | Mar 19, 2010 | Grant | 25,000 | $0.95 |
| Sapaugh Donald WOfficer — President and CEO | Dec 28, 2009 | Gift | 145,000 | $1.15 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Director / officer changeJun 9, 2015
- Bankruptcy or receivership · Director / officer changeMar 5, 2015
- Entered a material agreementDec 19, 2014
- Director / officer changeNov 17, 2014
- Regulation FD disclosureJan 13, 2014
- Entered a material agreement · Modified shareholder rightsDec 30, 2013
- Regulation FD disclosureOct 2, 2013
- Regulation FD disclosureJun 6, 2013
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 ↗- REVOKEDAug 31, 2017
- 8-KJun 9, 2015
- 8-KMar 5, 2015
- 8-KUNIVERSITY GENERAL HEALTH SYSTEM 8-KFeb 27, 2015
- 8-KUNIVERSITY GENERAL HEALTH SYSTEM 8-KDec 23, 2014
- 8-KDec 19, 2014
- 8-KUNIVERSITY GENERAL HEALTH SYSTEM, INC. 8-KDec 15, 2014
- 8-KUNIVERSITY GENERAL HEALTH SYSTEM, INC. 8-KDec 4, 2014
- 8-KUNIVERSITY GENERAL HEALTH SYSTEM, INC. 8-KNov 24, 2014
- 8-KUNIVERSITY GENERAL HEALTH SYSTEM, INC. 8-KNov 17, 2014
- 8-KUNIVERSITY GENERAL 8-KNov 10, 2014
- 8-KUNIVERSITY GENERAL HEALTH SYSTEM, INC. 8-KSep 10, 2014
- NTN 10QNT 10-QAug 20, 2014
- 8-KUNIVERSITY GENERAL HEALTH SYSTEM 8-KAug 5, 2014
- 8-KUNIVERSITY GENERAL HEALTH SYSTEM, INC. 8-KJul 22, 2014