Westmoreland Resource Partners, LP
Energy · Bituminous Coal & Lignite Surface Mining · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $271.0M | $315.6M | $92.5M | $384.7M | $0 | $88.7M |
| Operating income | −$96.8M | $9.8M | $818,000 | −$5.2M | −$2.8M | −$3.4M |
| Net income | −$139.2M | −$8.8M | −$8.9M | −$6.0M | −$4.4M | −$6.5M |
| Total assets | $235.3M | $347.4M | $386.9M | $417.3M | — | $224.4M |
| Total liabilities | $436.7M | $409.0M | $415.0M | $404.1M | — | $235.4M |
| Equity | −$521,000 | $80,000 | −$189,000 | −$270,000 | $1.0M | — |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 1.3M | 1.3M | 5.7M | 5.7M | — | 10.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −35.7%
- Net margin
- −51.4%
- Return on equity
- 26714.6%
- Return on assets
- −59.2%
- Return on capital (ROCE)
- −51.5%
- Liabilities / assets
- 185.6%
- Debt / equity
- —
- Book value / share
- $-0.41
- Revenue growth (YoY)
- −14.1%
- 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 · FY2018- Accruals / assets
- −63.8%clean
- Piotroski F-Score
- 5/9mixed
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
● 2 severe● 4 warning● 3 good- Negative shareholder equity
- 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)
- 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-Qmissed a reporting deadline ↗May 10, 2013
- NT 10-Kmissed a reporting deadline ↗Mar 18, 2013
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- Director / officer changeMar 22, 2019
- Director / officer changeMar 18, 2019
- Regulation FD disclosureMar 14, 2019
- Entered a material agreementMar 8, 2019
- Completed an acquisition or dispositionFeb 15, 2019
- Entered a material agreementFeb 7, 2019
- Entered a material agreementJan 28, 2019
- Director / officer changeDec 28, 2018
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 ↗- 15-12BApr 5, 2019
- 8-KMar 22, 2019
- 8-KMar 18, 2019
- 10-KMar 18, 2019
- 4FORM 4 SUBMISSIONMar 15, 2019
- 4FORM 4 SUBMISSIONMar 15, 2019
- 4FORM 4 SUBMISSIONMar 15, 2019
- 4FORM 4 SUBMISSIONMar 15, 2019
- 3FORM 3 SUBMISSIONMar 15, 2019
- SC 13D/AMar 14, 2019
- SC TO-T/AMar 14, 2019
- 8-KFORM 8-KMar 14, 2019
- EFFECTMar 12, 2019
- 8-KMar 8, 2019
- POS AMMar 5, 2019
Event-driven situations (2)
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