ENERGY & TECHNOLOGY CORP.
Energy · Oil & Gas Field Services, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $2.6M | $1.9M | $2.2M | $4.0M | $5.2M | $7.1M |
| Operating income | −$1.3M | −$1.0M | −$1.8M | −$1.7M | −$1.4M | −$374,876 |
| Net income | −$1.3M | −$1.3M | $600,762 | −$1.6M | −$1.6M | −$353,976 |
| Total assets | $3.8M | $4.2M | $4.6M | $5.9M | $7.9M | $13.1M |
| Total liabilities | $8.8M | $7.9M | $7.0M | $8.9M | $5.3M | $8.3M |
| Equity | −$4.9M | −$3.6M | −$2.4M | −$3.0M | $2.6M | $4.3M |
| EPS (diluted) | — | — | $0.00 | $-0.01 | $-0.01 | $0.00 |
| Shares out. | 165.6M | 165.5M | 165.5M | 169.2M | 169.1M | 169.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −50.3%
- Net margin
- −51.1%
- Return on equity
- 26.4%
- Return on assets
- −34.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 228.7%
- Debt / equity
- —
- Book value / share
- $-0.03
- Revenue growth (YoY)
- 34.3%
- 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 · FY2017- Altman Z″ (distress)
- -19.90distress
- Accruals / assets
- −21.7%clean
- Piotroski F-Score
- 3/9weak
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 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● 4 warning● 3 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- 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 ↗Mar 31, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2011
- NT 10-Qmissed a reporting deadline ↗May 17, 2010
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2010
- NT 10-Qmissed a reporting deadline ↗Nov 17, 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- Prior financials not reliable (restatement)May 26, 2017
- Changed auditorMar 12, 2015
- Changed auditorJan 22, 2013
- Unregistered equity saleMar 31, 2010
- Director / officer change · Other material eventAug 18, 2009
- Entered a material agreementMar 5, 2009
- Director / officer changeFeb 25, 2009
- Director / officer change · Amended charter or bylawsSep 15, 2008
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 ↗- 15-15DCERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATIONJan 31, 2019
- 10-QQUARTERLY REPORTNov 14, 2018
- 10-QQUARTERLY REPORTAug 14, 2018
- 10-QQUARTERLY REPORTMay 16, 2018
- 10-KANNUAL REPORTApr 2, 2018
- 10-QQUARTERLY REPORTNov 14, 2017
- 10-QQUARTERLY REPORTAug 14, 2017
- 8-KCURRENT REPORTMay 26, 2017
- 10-QQUARTERLY REPORTMay 15, 2017
- UPLOADApr 3, 2017
- NT 10-KNOTIFICATION OF LATE FILINGMar 31, 2017
- UPLOADMar 15, 2017
- UPLOADFeb 7, 2017
- UPLOADDec 21, 2016
- 10-QQUARTERLY REPORTNov 14, 2016
Event-driven situations (1)
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