Event-Driven Stocks

ALDER BIOPHARMACEUTICALS INC

Healthcare · Pharmaceutical Preparations · SEC filings ↗ · Compare ⊕

Signs2 good2 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY18FY17FY16FY15FY14FY13
Revenue$0$683,000$113,000$4.8M$4.6M
Operating income−$286.6M−$291.0M−$157.9M−$86.3M$8.8M−$20.8M
Net income−$296.4M−$288.9M−$156.3M−$85.5M$8.9M−$20.6M
Total assets$426.2M$303.1M$409.2M$400.0M$64.4M$26.7M
Total liabilities$212.5M$23.9M$26.4M$12.5M$5.2M$58.7M
Equity$110.0M$279.3M$382.8M$387.5M$59.2M−$143.4M
EPS (diluted)$-3.23$-2.11$0.30$-21.14
Shares out.67.8M50.4M43.8M37.9M31.0M988,685

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
Net margin
Return on equity
−269.5%
Return on assets
−69.5%
Return on capital (ROCE)
−72.0%
Liabilities / assets
49.9%
Debt / equity
1.93×
Book value / share
$1.62
Revenue growth (YoY)
−100.0%
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
Altman Z″ (distress)
-5.32distress
Accruals / assets
10.7%clean
Piotroski F-Score
3/8weak

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 Score
35
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 67Financial strength 75

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

1 severe2 warning2 good
  • Altman Z″ in the distress zone
  • Revenue declined year-over-year
  • Negative operating cash flow
  • Conservative leverage (liabilities < 50% of assets)
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

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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