Event-Driven Stocks

Violin Memory Inc

Technology · Computer Storage Devices · DE · SEC filings ↗ · Compare ⊕

Signs2 good5 warning3 severedetails ↓

Financials

SEC XBRL · annual
 FY16FY15FY14FY13FY12
Revenue$50.9M$79.0M$107.7M$73.8M$53.9M
Operating income−$92.2M−$100.7M−$146.8M−$108.9M−$41.8M
Net income−$99.1M−$108.9M−$149.8M−$109.1M−$44.8M
Total assets$112.8M$204.2M$184.7M$88.2M
Total liabilities$167.7M$182.8M$80.9M
Equity−$54.9M$21.4M$103.7M$44.7M$44.2M
EPS (diluted)
Shares out.99.2M95.8M85.2M15.6M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2016
Operating margin
−181.3%
Net margin
−194.8%
Return on equity
180.6%
Return on assets
−87.8%
Return on capital (ROCE)
−133.4%
Liabilities / assets
148.6%
Debt / equity
Book value / share
$-0.55
Revenue growth (YoY)
−35.6%
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 · FY2016
Altman Z″ (distress)
-18.90distress
Accruals / assets
18.1%clean
Beneish M-Score
-4.29normal
Piotroski F-Score
2/9weak

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
29
/ 100
Profitability 20Growth 0Catalyst 33Earnings quality 67Financial strength 25

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

3 severe5 warning2 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
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Strong return on equity (>15%)
  • 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

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

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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