Healthcare Solutions Management Group, Inc.
Healthcare · Services-Offices & Clinics of Doctors of Medicine · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | — | $0 | $0 | $0 | $2.4M | $449,626 |
| Operating income | −$2.7M | −$3.0M | −$17,812 | −$101,918 | −$1.4M | −$451,965 |
| Net income | −$2.8M | −$3.0M | −$22,344 | $1.1M | −$7.6M | −$623,079 |
| Total assets | $93.1M | $84.7M | $238 | $5,084 | $4.4M | $33,517 |
| Total liabilities | $14.5M | $14.3M | $4.4M | $4.4M | $7.5M | $496,076 |
| Equity | $78.7M | $70.3M | $70.3M | −$4.4M | −$3.0M | −$462,560 |
| EPS (diluted) | — | — | — | — | $-1.06 | $-0.15 |
| Shares out. | 11.1M | 127.3M | 12.7M | 12.7M | 774.1M | 5.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- —
- Net margin
- —
- Return on equity
- −3.5%
- Return on assets
- −3.0%
- Return on capital (ROCE)
- −3.4%
- Liabilities / assets
- 15.5%
- Debt / equity
- 0.18×
- Book value / share
- $7.10
- Revenue growth (YoY)
- —
- 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 · FY2021- Altman Z″ (distress)
- 9.91safe
- Accruals / assets
- 0.8%clean
- Piotroski F-Score
- 4/7mixed
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. What these scores mean →
Signs
● 1 severe● 1 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
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 ↗Dec 28, 2021
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2021
- NT 10-Qmissed a reporting deadline ↗Feb 16, 2021
- NT 10-Kmissed a reporting deadline ↗Dec 30, 2014
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2014
- NT 10-Qmissed a reporting deadline ↗May 15, 2014
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 |
|---|---|---|---|---|
| Ball Gary Edward | Jul 26, 2010 | Buy | 11.6M | $0.01 |
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- Entered a material agreement · Director / officer change · Other material eventMar 21, 2023
- Entered a material agreement · Other material eventMar 10, 2023
- Director / officer changeFeb 14, 2023
- Other material eventJan 14, 2022
- Entered a material agreement · Unregistered equity sale · Regulation FD disclosure · Other material eventDec 2, 2021
- Other material eventNov 4, 2021
- Terminated a material agreement · Modified shareholder rights · Amended charter or bylaws · Other material eventSep 17, 2021
- Entered a material agreement · Completed an acquisition or disposition · Unregistered equity sale · Changed auditor · Change in control · Amended charter or bylaws · Item 5.06Apr 21, 2021
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 ↗- 8-KFORM 8-KMar 21, 2023
- 8-KFORM 8-KMar 10, 2023
- 8-KFORM 8-KFeb 14, 2023
- 10-KFORM 10-KJun 3, 2022
- 8-KFORM 8-KJan 14, 2022
- NT 10-KDec 28, 2021
- 8-KFORM 8-KDec 2, 2021
- 8-KFORM 8-KNov 4, 2021
- 8-KFORM 8-KSep 17, 2021
- 10-QFORM 10-QAug 23, 2021
- NT 10-QAug 16, 2021
- 10-QFORM 10-QMay 14, 2021
- 8-KFORM 8-KApr 21, 2021
- 10-QFORM 10-QFeb 22, 2021
- 8-KFORM 8-KFeb 22, 2021
Event-driven situations (1)
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