HeartWare International, Inc.
Healthcare · Surgical & Medical Instruments & Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|---|
| Revenue | $70.0M | $66.5M | $207.9M | $110.9M | $82.8M | $55.2M |
| Operating income | −$37.2M | −$124,000 | −$47.5M | −$77.6M | −$42.6M | −$29.0M |
| Net income | −$14.5M | −$19.4M | −$59.3M | −$87.7M | −$55.1M | −$29.4M |
| Total assets | $457.6M | $423.8M | $429.8M | $206.5M | $240.7M | $267.6M |
| Total liabilities | — | — | — | — | — | — |
| Equity | $188.5M | $208.5M | $198.6M | $68.2M | $126.8M | $167.8M |
| EPS (diluted) | — | $-1.15 | — | — | — | — |
| Shares out. | 17.2M | 17.0M | 14.6M | 14.1M | 14.1M | 13,879 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- −53.2%
- Net margin
- −20.8%
- Return on equity
- −7.7%
- Return on assets
- −3.2%
- Return on capital (ROCE)
- −9.4%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $10.93
- Revenue growth (YoY)
- 5.3%
- 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 · FY2015- Accruals / assets
- −3.1%clean
- Piotroski F-Score
- 2/8weak
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 warning● 2 good- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Wade Denis NewellDirector | Aug 23, 2016 | U | 5,750 | $58.00 |
| Thomas Robert BainDirector | Aug 23, 2016 | U | 4,510 | $58.00 |
| Strong MarkOfficer — Senior VP, R&D and Quality | Aug 23, 2016 | U | 3,513 | $58.00 |
| Knopf Lawrence JOfficer — General Counsel | Aug 23, 2016 | U | 17,608 | $58.00 |
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- Debt acceleration / triggering eventAug 26, 2016
- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventAug 23, 2016
- Results of operationsJul 28, 2016
- Entered a material agreement · Director / officer change · Amended charter or bylaws · Regulation FD disclosureJun 27, 2016
- Other material eventJun 27, 2016
- Shareholder voteJun 6, 2016
- Results of operationsMay 4, 2016
- Director / officer changeMar 15, 2016
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 ↗- SC 13G/AFeb 10, 2017
- SC 13G/AHEARTWARE INTERNATIONAL EXIT FILINGJan 20, 2017
- SC TO-I/ASep 27, 2016
- 15-12BSep 2, 2016
- 8-KFORM 8-KAug 26, 2016
- SC TO-IAug 26, 2016
- 4OWNERSHIP DOCUMENTAug 24, 2016
- 4OWNERSHIP DOCUMENTAug 24, 2016
- 4OWNERSHIP DOCUMENTAug 24, 2016
- 4OWNERSHIP DOCUMENTAug 24, 2016
- 4OWNERSHIP DOCUMENTAug 24, 2016
- 4OWNERSHIP DOCUMENTAug 24, 2016
- 4OWNERSHIP DOCUMENTAug 24, 2016
- 4OWNERSHIP DOCUMENTAug 24, 2016
- 4OWNERSHIP DOCUMENTAug 24, 2016