Diversified Restaurant Holdings, Inc.
Consumer Discretionary · Retail-Eating Places · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $39.5M | $44.3M | $43.1M | $31.9M | $30.5M | $27.1M |
| Operating income | $1.5M | $2.4M | $3.1M | $3.1M | $778,170 | $807,112 |
| Net income | −$5.0M | $831,120 | $430,404 | $262,642 | $367,857 | $238,400 |
| Total assets | $95.2M | $107.8M | $133.2M | $165.8M | $113.4M | $92.3M |
| Total liabilities | $117.5M | $131.0M | $137.3M | $149.2M | $80.3M | $58.4M |
| Equity | −$22.3M | −$23.2M | −$4.1M | $16.6M | $33.2M | $34.0M |
| EPS (diluted) | — | $0.03 | $0.02 | $0.01 | $0.01 | $0.01 |
| Shares out. | 26.9M | 26.7M | 26.3M | 26.2M | 26.2M | 19.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- 3.8%
- Net margin
- −12.7%
- Return on equity
- 22.4%
- Return on assets
- −5.3%
- Return on capital (ROCE)
- 2.0%
- Liabilities / assets
- 123.5%
- Debt / equity
- —
- Book value / share
- $-0.83
- Revenue growth (YoY)
- −10.8%
- Net income growth (YoY)
- −702.1%
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 · FY2018- Altman Z″ (distress)
- -2.69distress
- Accruals / assets
- −15.4%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 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
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Strong return on equity (>15%)
- 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 2, 2019
- NT 10-Qmissed a reporting deadline ↗Aug 9, 2012
- NT 10-Kmissed a reporting deadline ↗Mar 27, 2012
- NT 10-Qmissed a reporting deadline ↗May 12, 2011
- NT 10-Qmissed a reporting deadline ↗Nov 12, 2010
- NT 10-Qmissed a reporting deadline ↗May 14, 2008
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsFeb 25, 2020
- Shareholder voteDec 19, 2019
- Other material eventDec 13, 2019
- Other material eventDec 4, 2019
- Amended charter or bylawsNov 6, 2019
- Entered a material agreementNov 6, 2019
- Delisting / listing-standard noticeOct 21, 2019
- Results of operations · Regulation FD disclosureAug 14, 2019
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)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.